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ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables) | 12 Months Ended
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Dec. 31, 2019
ORGANIZATION AND PRINCIPAL ACTIVITIES |
Schedule of subsidiaries | As of December 31, 2019, the Group operates its business mainly through the following subsidiaries:
Name of subsidiaries |  | Date of incorporation/ establishment |  | Place of incorporation/ establishment |  | Percentage of shareholdings |  | Principal activities
Yao Wang Corporation Limited ("Yao Wang") |  | June 4, 2013 |  | Hong Kong |  | 100% |  | Investment holding
Yaofang Information Technology (Shanghai) Co., Ltd ("Yaofang" or "WFOE") |  | August 12, 2013 |  | Shanghai |  | 100% |  | Warehousing, logistics, research and development, and consulting
Guangdong Yihao Pharmacy Co., Ltd. ("Yihao Pharmacy") |  | March 7, 2003 |  | Guangdong |  | VIE |  | Warehousing, logistics and procurement
Guangdong Yihao Pharmaceutical Chain Co., Ltd. ("Yihao Pharmaceutical Chain") |  | November 1, 2001 |  | Guangdong |  | VIE |  | Retail
Shanghai Yaowang E-commerce Co., Ltd. ("Shanghai Yaowang") |  | January 15, 2013 |  | Shanghai |  | VIE |  | Electronic Commerce
Chengdu Yihao Pharmacy Co., Ltd. ("Chengdu Yihao Pharmacy") |  | August 22, 2017 |  | Chengdu |  | VIE’s subsidiary |  | Retail
Anshun Southwest Internet Hospital Co., Ltd ("Southwest Internet Hospital" ) |  | July 5, 2016 |  | Anshun |  | VIE’s subsidiary |  | Internet hospital business
Anshun Joint Diagnosis And Treatment Technology Co., Ltd ("Anshun Technology" ) |  | February 8, 2017 |  | Anshun |  | VIE’s subsidiary |  | Internet hospital business
Wuhan Central China Drug Trading Co., Ltd. ("Wuhan Huazhong") |  | August 5, 2015 |  | Wuhan |  | 70% |  | Software development and information technology support
Chongqing Yihao Pharmacy Co., Ltd.("Chongqing Yihao Pharmacy") |  | May 18, 2018 |  | Chongqing |  | WFOE’s subsidiary |  | Warehousing and logistics
Tianjin Yihao Pharmacy Co., Ltd. ("Tianjin Yihao Pharmacy") |  | June 20, 2018 |  | Tianjin |  | VIE's subsidiary |  | Warehousing and logistics
Kunshan Yifang Pharmacy Co., Ltd. ("Kunshan Yifang Pharmacy") |  | July 30, 2018 |  | Kunshan |  | VIE's subsidiary |  | Warehousing and logistics
Hubei Yihao Pharmacy Co., Ltd (“Hubei Yihao Pharmacy”) |  | Aug 31, 2019 |  | Wuhuan |  | WFOE's subsidiary |  | Warehousing and logistics
Fujian Yaofang Pharmacy Co.,Ltd (“Fujian Yaofang Pharmacy”) |  | Aug 13, 2019 |  | Fuzhou |  | WFOE's subsidiary |  | Warehousing and logistics

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