Lakeside Holding Limited Strengthens Ties with Kelun Pharma
Expanding Partnerships with Key Industry Players
Lakeside Holding Limited (NASDAQ: LSH), a prominent cross-border supply chain solution provider, is excited to share its recent developments. The company's subsidiary, Hupan Pharmaceutical Co., Ltd., has successfully entered into two significant distribution agreements with Hubei Kelun Pharmaceutical Trading Co., Ltd. This collaboration is a noteworthy milestone that marks Lakeside's commitment to enhancing its reach in the pharmaceutical market.
Overview of the Agreements
The agreements allow Hupan Pharmaceutical to distribute essential large-volume parenteral solutions and associated medical products to healthcare institutions across China. These contracts, effective from January 1, 2025, to December 31, 2025, reflect Lakeside's strategy to broaden its client base and service offerings in the healthcare sector. This step is an extension of Hupan Pharmaceutical's previous initiatives and reinforces its growing portfolio within the medical distribution landscape.
Strengthening Pharmaceutical Distribution
This partnership with Kelun Pharmaceutical follows Lakeside's recent collaboration with Sichuan Huiyu Pharmaceutical Co., Ltd., a leader in oncology healthcare. Such agreements illustrate Hupan Pharmaceutical's capability to cultivate relationships with major players in the pharmaceutical field. The success of these partnerships showcases Lakeside's strategic focus on delivering pivotal medical products efficiently, reinforcing their commitment to better healthcare.
Leadership Insights
Lan Su, Chief Operating Officer of Lakeside, emphasized the significance of these agreements, stating, "These agreements with Kelun Pharmaceutical build on the success of our other recent agreements. We appreciate earning the trust of leading pharmaceutical companies to deliver critical medical products efficiently, ensuring they reach the patients who need them most." This sentiment reflects Lakeside's dedication to effective pharmaceutical distribution and its pivotal role in the healthcare supply chain.
About Lakeside Holding Limited
Established as a U.S.-based cross-border supply chain solution provider, Lakeside focuses on the Asia-Pacific region. With two specialized subsidiaries—American Bear Logistics and Hupan Pharmaceutical—the company offers tailored logistics solutions across various sectors. American Bear Logistics links Asia-based logistics services with the U.S. market, providing customized ocean and air freight solutions from strategic hubs across the country.
Recent Acquisitions and Enhancements
Lakeside's acquisition of Hupan Pharmaceutical represents a strategic effort to enhance its pharmaceutical logistics and distribution capabilities. This move emphasizes Lakeside's commitment to innovating integrated cross-border logistics solutions that address the needs of healthcare providers and patients alike.
Investor Relations and Contact Information
For those interested in learning more about Lakeside Holding Limited and its corporate activities, investor relations are managed by Matthew Abenante, President of Strategic Investor Relations, LLC. Individuals can reach out via telephone at 347-947-2093 or send inquiries via email.
Frequently Asked Questions
What new agreements has Lakeside Holding Limited secured?
Lakeside has secured distribution agreements with Hubei Kelun Pharmaceutical Trading Co., Ltd., enhancing its reach in the pharmaceutical sector.
What types of products will Lakeside distribute through these agreements?
Lakeside, through its subsidiary Hupan Pharmaceutical, will distribute essential large-volume parenteral solutions and related medical products.
What is the duration of the distribution agreements?
The agreements are effective from January 1, 2025, through December 31, 2025.
Who is the contact for investor relations at Lakeside?
Matthew Abenante serves as the contact for investor relations at Lakeside Holding Limited.
What is the focus of Lakeside Holding Limited?
Lakeside focuses on cross-border supply chain solutions specifically tailored for the Asia-Pacific market.
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