In 2003, Fosun Pharma and China National Pharmaceutical Group Corporation jointly established Sinopharm Group.Sinopharm Group is a distributor of pharmaceuticals and healthcare products and a leading supply chain service provider in China.

In respect of the pharmaceutical distribution sector, Sinopharm Group adapted to the industry trend, further tapped into the scale advantages in the distribution network of healthcare institutions at different levels, enhanced the intensive operation capability, and actively undertook the market share of related products under bulk procurement. In respect of pharmacy retail, Sinopharm Group comprehensively promoted the integrated development of online and offline businesses, continuously optimized its network coverage, and continued to strengthen its regional competitive advantages.