---
title: "WanLian Security: Initiates \"Buy\" rating for DSL, a leading large chain pharmacy enterprise in China"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222524168.md"
description: "WanLian Security's research report points out that DSL is a leading large chain pharmacy enterprise in the South China region and ranks among the top in the country. Retail from directly-operated stores is the main source of the company's revenue and profit. In recent years, the company has completed its layout in 21 provinces through \"self-built + mergers and acquisitions + franchising.\" In the future, the company will focus on developing existing stores, with significant room for improvement in profitability and operational efficiency of stores outside the province, driving the company's market share increase in various provinces and cities. The initial coverage gives a \"Buy\" rating"
datetime: "2024-12-17T07:55:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/222524168.md)
  - [en](https://longbridge.com/en/news/222524168.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222524168.md)
---

# WanLian Security: Initiates "Buy" rating for DSL, a leading large chain pharmacy enterprise in China

WanLian Security's research report points out that DSL is a leading large chain pharmacy enterprise in the South China region and ranks among the top in the country. Directly operated retail stores are the main source of the company's revenue and profits. In recent years, the company has completed its layout in 21 provinces through "self-built + mergers and acquisitions + franchising." In the future, the company will focus on the development of existing stores, with significant room for improvement in profitability and operational efficiency of stores outside the province, driving the company's market share increase in various provinces and cities. The initial coverage gives a "Buy" rating

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