Core Points - The chairman and president of Beijing University Pharmaceutical, Xu Xiren, has been criminally detained and is cooperating with investigations, temporarily unable to perform his duties [1][3] - The company has appointed Chen Yuezhong as acting chairman and Yu Mengchuan as acting president and legal representative during this period [3] - The company assures that there has been no change in control, and the board is operating normally with financial and operational management unaffected [3] Company Overview - Beijing University Pharmaceutical, established in 1965, primarily engages in the research, production, and sales of chemical drug formulations, as well as pharmaceutical distribution and medical services [3] - The company’s product range includes anti-infection, analgesic, psychiatric, digestive system, and cardiovascular drugs [3] - The distribution business operates through wholly-owned subsidiaries, focusing on third-party drug distribution, retail, hospital procurement, and pharmacy management [3] Financial Performance - In the first half of the year, the company reported total revenue of 957 million yuan, a decrease of 5.04% year-on-year, while net profit increased by 15.51% to 100 million yuan [6] - As of October 29, the company's stock price fell by 0.16%, with a total market capitalization of approximately 3.7 billion yuan [6]
000788,董事长被刑拘