xinbang phar.(SZ:002390) Jing Ji Guan Cha Wang·2025-09-17 03:22Group 1 - Yang Hui, former Party Secretary of the Guizhou Provincial Health Commission, is on trial for bribery, accused of illegally accepting over 54.48 million RMB during his tenure in various leadership positions [1] - The prosecution alleges that from 2017 to 2024, Yang used his positions to assist certain entities and individuals in medical equipment procurement, project contracting, and job transfers, in exchange for bribes totaling over 54.48 million RMB [1] - Yang admitted guilt during the trial, and the court will announce a verdict at a later date [1] Group 2 - In a documentary, Yang revealed that he facilitated the establishment of a company by a trusted associate, Zhu, to engage in medical equipment sales, receiving 6 million RMB in cash gifts from Zhu between 2019 and 2021 [2] - Yang purchased a villa worth 40 million RMB, with Zhu providing 45 million RMB in cash over 17 instances to support the purchase and subsequent renovations [2] Group 3 - The documentary described the medical field as a "benefit circle" that is difficult to penetrate, with Yang stating that he initially struggled to navigate the system [3] - Comparatively, Wang Xiaolin, former Deputy Secretary of the Party Committee and Director of the Affiliated Hospital of Guizhou Medical University, was implicated in a bribery case involving over 150 million RMB [3] Group 4 - The bribery cases have led to the emergence of related parties, including Guizhou Keke Medical Co., which is linked to the publicly listed company Xinbang Pharmaceutical [4] - Xinbang Pharmaceutical announced that the ongoing legal matters involving its subsidiary are not expected to significantly impact its current or future profits, although the exact effects remain uncertain [4] - In 2023, Keke Medical reported revenues of 2.278 billion RMB and a net profit of 94.5 million RMB, accounting for 35.26% and 26.71% of Xinbang Pharmaceutical's respective figures [4]