Harbin Pharmaceutical Group announced on October 11 that the company recently received a case filing notice and a detention notice from the relevant supervisory committee regarding Lu Chuanyou, a director and president of the company. The company stated that it has made proper arrangements for related work, and that the chairman, other directors, and other senior management are performing their duties normally, with the board operating normally and production and operations proceeding as usual. The announcement said the above matter will not have a significant impact on the company's production, operations, or management.
Harbin Pharmaceutical Group Co LtdDirector and president Lu Chuanyou placed under detention by a supervisory committee, a legal/regulatory action against the company's leadership.
