Jiuzhou Tong Medicine Group Co., Ltd. was founded in 1985 at the beginning of reform and opening up, and is a joint-stock enterprise with the core business of wholesaling of western medicines, traditional Chinese medicines and medical devices, logistics and distribution, retail chain, and e-commerce. 2009, the company's taxable sales statistics amounted to 22 billion yuan, and it is the largest private enterprise in Hubei Province, and it is ranked the third in China and the first in China among the ten thousand private pharmaceutical commercial enterprises. It ranks third among nearly ten thousand pharmaceutical commercial enterprises in China and first among private pharmaceutical commercial enterprises in China, and has been listed in the "Top 500 Chinese Enterprises" for six consecutive years. As of 2009, the company had total assets of more than 7 billion yuan and more than 70 subordinate enterprises, and on November 28, 2008, the company was officially changed to JZT Pharmaceutical Group Co. (Stock abbreviation: Jiuzhou Tong, stock code: 600998)