111 Inc. (YI.US)'s Central China operations center, Hubei Yihao Pharmaceutical Co., Ltd. ("Hubei Yihao"), has been named among the "Top 100 Hubei Private Enterprises in Services" for the second consecutive year, according to the latest ranking released by the Hubei Federation of Industry and Commerce. The company has also maintained its position in the "Top 100 Wuhan Private Enterprises" list for three straight years, highlighting its strong regional economic impact and industry leadership.
Established in 2019 in Wuhan’s Dongxihu District, Hubei Yihao serves as 111 Inc.’s strategic hub in Central China, with nationwide business coverage. The company specializes in wholesale distribution of over 200,000 pharmaceutical, medical device, and health food products. Leveraging modern warehousing infrastructure and 111 Inc.’s expertise in smart supply chains, digital marketing, and user management, Hubei Yihao has built an integrated online-offline healthcare service network and an omnichannel digital marketing platform.
Since its inception, Hubei Yihao has sustained rapid growth. By 2024, annual revenue reached RMB 2.6 billion, supported by a 25,000-square-meter specialized pharmaceutical warehouse that ensures operational efficiency. The company has optimized costs across information exchange, collaboration, warehousing, and logistics by adopting 111 Inc.’s R&D capabilities and digital innovations.
Through big data modeling, Hubei Yihao developed the "Kunpeng" logistics network, improving service quality while reducing costs and cutting logistics damage rates by 60%. Additionally, the company actively shares its supply chain expertise to address industry-wide challenges such as slow delivery times, high damage rates, and inefficient inspections.
In 2023, Hubei Yihao expanded its capabilities by leasing and renovating a 25,000-square-meter logistics base in Dongxihu District, featuring temperature-controlled and ambient storage zones with 12-meter-high racks. The upgraded facility incorporates high-density shelving to maximize capacity and operational efficiency.
Hubei Yihao utilizes 111 Inc.’s proprietary WMS (Warehouse Management System) and other digital platforms for end-to-end process control. Automated storage allocation has replaced manual operations, boosting turnover accuracy and minimizing human errors. Advanced wave picking, route optimization, and smart order grouping further enhance picking efficiency and market competitiveness.
As 111 Inc.’s strategic hub in Central China, Hubei Yihao remains committed to digital innovation and customer experience enhancement. By leveraging smart supply chain solutions, the company aims to empower industry partners, drive digital transformation in healthcare, and create greater societal value.