According to the Qichacha APP, recently, Jointown Pharmaceutical Logistics Co., Ltd. was established, with Luo Chang as the legal representative and a registered capital of 5 million yuan. The business scope includes: sales of Class I medical devices; food sales; automobile sales; sales of electronic products, etc. Qichacha's equity penetration shows that the company is wholly owned by Jointown's subsidiary, Jointown Medical Device Group Co., Ltd
