Dingdang Health IPO: the leader of digital retail pharmacy industry, with steady and rising income-

China Net Finance March 25th Recently, Dingdang Health Technology Group Co., Ltd. (referred to as "Dingdang Express Medicine" or "Dingdang Health") updated its prospectus, and the company plans to list on the main board of Hong Kong, with CICC and CMB International as co-sponsors.

As a digital health care platform, Dingdang Health was established on 20 14. Through the self-operated Dingdang Smart Pharmacy and the self-built professional drug distribution team, the model of "direct supply from pharmaceutical factories, online booking for store delivery and online booking for store delivery" has been established, which provides 7*24 hours business for the core area, matches doctors in time, and provides 28-minute door-to-door service for big cities across the country, thus solving the "hurry" and "laziness" of consumers when taking medicines.

According to the prospectus, according to the Jost Sullivan report, in terms of revenue in 2020, Dingdang Health is in a leading position in the digital retail pharmacy industry in China, and it is one of the largest providers of products and services in the instant home digital pharmacy industry in China.

Digital empowerment revenue has grown steadily.

In recent years, with the development of digitalization, the public's demand for Internet medical platform has increased significantly, and the Internet medical industry has developed rapidly. As a representative enterprise in the field of "medicine+medicine" on the Internet, Dangdang Health has been committed to scientific and technological innovation and reform for many years. According to public information, the company has formed a closed-loop business model such as fast medicine service, online diagnosis and treatment consultation service and chronic disease health management service.

It is reported that Dingdang Health takes medicine as the breakthrough point, and through digital reform, it has opened up all links of production, circulation and service, connected hospitals, doctors, pharmacies, pharmaceutical companies, platforms and users into an ecological closed loop, and adopted the mode of direct supply by pharmaceutical companies to ensure that consumers can choose the most reliable health care products from the source and provide relevant guidance services. In addition, Dingdang Health has launched an online consultation service for Internet hospitals. After the first online consultation of patients, the Internet hospital realized the closed-loop service of "medical treatment+diagnosis+medicine" through remote follow-up, electronic prescription and drug distribution.

For example, in the drug sales section, Dangdang Kuaiyao has established a full access network, and customers can buy from the company's mobile applications, WeChat applets, third-party online platforms and online distributors, or directly from the company's offline smart pharmacies. Up to now, Dingdang Kuaiyao has established hundreds of smart pharmacies in more than a dozen cities. In addition, Dangdang Express Medicine also provides regular delivery, pre-order delivery, offline delivery and other delivery methods, and provides 24-hour pharmacist purchase guidance, including 7-hour on-site service.

At the same time, Dingdang Kuaiyao attaches great importance to the construction and maintenance of supply chain. As early as 20 15, Dingdang Kuaiyao joined hands with hundreds of pharmaceutical companies to form the "Dingdang FSC Pharmaceutical Company Alliance" to bring high-quality and affordable drugs to end users through the way of "direct supply from pharmaceutical companies". With the deepening cooperation with pharmaceutical companies and pharmaceutical circulation enterprises, we are committed to improving the safety and accessibility of people's medication.

According to the prospectus, the income of Dingdang Health from medical care business increased by 76.2% from 125 1 100 million yuan in 2009 to 2.205 billion yuan in 2020, and further increased by 6 1.5% to 356 1 yuan in 2026. From 20 19 to 202 1, Dingdang Health recorded 26.4 million sales orders, 40.5 million sales orders and 60.3 million sales orders from online direct sales channels and offline channels, with a compound annual growth rate of about 5 1 from 2065438 to 20021. In the same period, online diagnosis and treatment business also grew rapidly, with a compound annual growth rate of 75.8 1%. In addition, the company's sales orders, the total number of registered users, the average number of monthly active users and the average number of monthly paying users all increased significantly during the performance record period.

A few days ago, the Beijing Municipal Bureau of Economy and Information Technology announced the list of the second batch of "Little Giant" enterprises in Beijing, and the instant health door-to-door service platform "Jingdang Kuaiyao" was selected as an honor and became a model of scientific and technological innovation and rapid development enterprises in the field of medicine and health. According to reports, with the development of social economy, promoting the deep integration of Internet, big data, artificial intelligence and industry, and accelerating the cultivation of manufacturing enterprises specializing in innovation and individual champion enterprises have become important measures to revitalize China's economy and promote industrial upgrading.

Take multiple measures to strengthen the prevention and control of the epidemic, and get home in half an hour.

In addition, while providing convenient services such as "Dangdang Express Medicine" and "Dangdang Express Medicine", Dingdang Group has provided "Dangdang Express Medicine" door-to-door service, and has successively launched door-to-door testing services such as Helicobacter pylori testing, HIV testing, early pregnancy testing and chronic disease testing, and will open more door-to-door testing projects such as intestinal testing, skin testing and respiratory testing in the future.

It is particularly worth mentioning that Dangdang Kuaiyao took the lead in providing antigen detection reagents to the public in Beijing. After the public places an order for Dangdang Express Medicine, it will be delivered to the door by professional delivery personnel within 28 minutes. In addition, Dangdang's smart pharmacy with healthy layout realizes 28-minute door-to-door service of antigen detection reagents through self-built professional distribution team's 7*24-hour response and "online shop distribution", helping residents to complete antigen detection without leaving home, ensuring early detection, early isolation and early prevention, and timely and effectively carrying out epidemic prevention and control.

On March 1 1, the National Health and Family Planning Commission issued "COVID-19 Antigen Detection Application Scheme (Trial)", which added antigen self-test on the basis of nucleic acid detection to further optimize the COVID-19 detection strategy. At the same time, the State Administration of Pharmaceutical Products also approved 10 COVID-19 antigen self-test reagent production enterprises. The "Program" clarifies that community residents can purchase antigen detection reagents for self-test through retail pharmacies, online sales platforms and other channels.

The "Program" mentioned that antigen testing as an auxiliary means is conducive to improving the ability of "early detection". Antigen detection is suitable for people who have symptoms such as respiratory tract and fever within 5 days; Home quarantine observation, close contacts and sub-close contacts, entry quarantine observation, people in closed control areas and control areas, and community residents who need to conduct antigen self-test. Residents can place an order through Dangdang Express Medicine, deliver it to their homes in 28 minutes, and take samples for quick testing by themselves.

As a leading enterprise in the field of instant health, Dingdang Kuaiyao launched a series of epidemic prevention measures to strengthen the epidemic prevention management of pharmacy clerks, distributors and other groups, reduce cross-infection in the distribution process, and fully guarantee the epidemic prevention safety of distributors and users. The company has a special person who is responsible for registering the vaccination status of all employees and actively promoting and implementing the vaccination work of all employees. Dingdang Kuaiyao not only carries out regular nucleic acid detection, but also tests the body temperature before entering the store every day to verify the healthy green code, and carries out preventive disinfection on distribution boxes, distribution vehicles, work clothes, mobile phones and other related items. The clerk of the Dingdong Smart Store also strictly enforces disinfection in and out. During the whole delivery process, the delivery staff of Dangdang Express Medicine will strictly wear masks throughout the process.

Actively fulfill social responsibilities and join public welfare undertakings for many years.

In fulfilling corporate responsibility, Dangdang Kuaiyao has also actively participated in public welfare activities for many years.

In order to alleviate the problem of expensive medical treatment for patients with chronic diseases, Dingdang Kuaiyao and pharmaceutical enterprises have implemented the "Worry-free Protection Plan for Chronic Diseases"; In order to help the disabled who lack medical care and medicine and have difficulties in life solve the health problems such as difficulty in delivering medicine and treating diseases, Dingdang Kuaiyao cooperated with the Disabled Persons' Federation and a number of pharmaceutical companies to implement the "Happy Small Medicine Box" project. In order to strengthen the safety of people's medication and help green China and healthy China, Dingdang Kuaiyao and GPHL jointly launched the activity of "one-click ordering and free door-to-door collection of expired drugs".

According to public information, at the SRC 202 1 (the 4th) Social Responsibility Conference last June, 20438+0 1, Dingdang Health Group won the honor of "Honore Award-2021Outstanding Responsible Enterprise of the Year".

Especially recently, the epidemic prevention and control in COVID-19 is in a critical period. Dangdang Express Medicine actively exerts the advantages of "online booking and delivery" and online consultation. Through non-contact distribution, citizens can solve the problems of daily medication and various chronic drugs without leaving home, reducing the hidden dangers of people running to the hospital and cross-infection. In Shenzhen, Dangdang Kuaiyao also joined hands with Shenzhen Radio and Television Public Welfare Foundation? The first on-site charity fund quickly donated a batch of caring materials to the front line of anti-epidemic in Shatou Street, Futian District.