Economic Observation Network Reporter Li Wei Ao intern Cheng Danni, a well -known pharmaceutical company, Yunnan Baiyao Group Co., Ltd.Five companies such as Yin Pinyao have served as executives. From the beginning of 2023 to the beginning of 2024, they were taken away by the Discipline Inspection Commission's department for investigation for the same matters.

On May 8, 2024, several people familiar with the matter revealed to the reporter of the Economic Observation Network.

(Yunnan Baiyao Company's existing products and sub -brand series, picture: Yunnan Baiyao official website)

Wang Minghui palm Yunnan Baiyao for nearly 19 years

The official website of Yunnan Baiyao Company introduced that Yunnan Baiyao was created in 1902. It is "integrating brand, products and company names, and the industry is recognized as the most innovative representative in China."In the early 1970s, the Yunnan Baiyao Factory was established. In December 1993, it was listed on the Shenzhen Stock Exchange as the first share of the Yunnan Stock Exchange. From 2016 to 2019, the reform of mixed ownership and overall listing was completed.

The first quarter report of Yunnan Baiyao 2024 shows that Yunnan State -owned Equity Operation Management Co., Ltd. held 25.02%of the state -owned equity operation management Co., Ltd. of Yunnan Province, which is the largest shareholder;Industrial Group Co., Ltd. holds 24.25%of the shareholders.

Wang Minghui, male, born in April 1962, Qin Luo Ping, Yunnan.He used to be the deputy manager of Dali Binchuan County Pharmaceutical Company, the deputy head of the Kunming Pharmaceutical Pharmaceutical Factory, the manager of the labor service company of the Kunming Pharmaceutical Factory, the deputy general manager of Kunming Berknon Pharmaceutical Co., Ltd.General manager, director and vice president of Kunming Pharmaceutical Co., Ltd., etc.

In May 1999, Wang Minghui was transferred to Baiyao, Yunnan, and served as a director and president.In May 2004, he served as chairman and president of Yunnan Baiyao.Wang Minghui served as chairman of Yunnan Baiyao, until March 2023.

During Wang Minghui at the helm of Yunnan Baiyao, the company's performance achieved rapid development.

In 1999, Yunnan Baiyao's operating income was 241 million yuan, and net profit was 34 million yuan; in 2004, operating income was 1.832 billion yuan, and net profit was 171 million yuan.

By 2022, Yunnan Baiyao's operating income reached 36.488 billion yuan, and net profit was 3.01 billion yuan.Compared with 2004 business income increased by nearly 19 times, and net profit increased by more than 16 times.

On November 7, 2022, Wang Minghui, the tenth board of directors of Yunnan Baiyao in 2022, was re -elected as chairman of the company. The term of office was three years, and in November 2025.

However, just 4 months later, on March 7, 2023, Yunnan Baiyao announced that Wang Minghui "resigned from the company's 10th chairman, chairman, board of directors, members of the board of directors for personal reasons,All positions of the holding subsidiary ".

At that time, reporters from the Economic Observation Network heard rumors from the pharmaceutical industry and the political circles of Yunnan and the business community that Wang Minghui was taken away by the Yunnan Provincial Commission for Discipline Inspection and Supervision and Supervision.

Dai Yang, Zhang Yongliang, Liu Guoen, and He Yong of the four independent directors of Yunnan Baiyao, on March 6, 2023, issued an inspection opinion on the reasons for the leaving of the chairman. "(That is, Wang Minghui, reporter's note) There is no objection for resignation.

4 original executives including Wang Jin and Yin Pinyao were investigated

8 days after disclosing Wang Minghui's resignation, that is, on March 15, 2023, Yunnan Baiyao issued an announcement saying that the company's chief sales officer and senior vice president Wang Jin, "due to personal reasons, apply for resignation from the company's chief sales officer, Senior Vice President and All the positions in Yunnan Baiyao and its holding subsidiaries. "

Wang Jin, female, was born in March 1970.He has successively served as the manager of the Northeast Branch of Yunnan Baiyao Group Pharmaceutical Electronics Co., Ltd., the manager of the customer service department, the manager of the academic promotion department, the general manager of the business department of Yunnan Baiyao Group, and the general manager of the academic promotion department, the secretary of the party committee of Yunnan Baiyao Group Co., Ltd.The deputy general manager and general manager of the pharmaceutical business department, general manager of the manufacturing center, chief sales officer, senior vice president and president of the drug business department.

On November 7, 2022, at the first meeting of the 10th board of directors of Yunnan Baiyao, Wang Jin was hired as chief sales officer and senior vice president of Yunnan Baiyao.Her term of office is also three years, that is, in November 2025.

By 2024, two other executives in Yunnan Baiyao resigned before the end of his term.This is the chief operating officer, the senior vice president Yin Pinyao, and Yu Juan, the chief human resources officer.

Yunnan Baiyao announced that they resigned on February 7, 2024, and the reasons for resignation were "personal reasons."

At the same time, Yin Pinyao and Yu Juan were also hired as the above positions at the 10th board of directors of Yunnan Baiyao on November 7, 2022, and their term of office was three years.

In May 2024, people familiar with the matter told the reporter of the Economic Observation Network that whether it was Wang Minghui, or Wang Jin, Yin Pinyao, and Yu Juan, they were taken away by the Discipline Inspection Supervision Department. They were involved in the same matters.In addition, Yang Changhong, a former director of Yunnan Baiyao, was also investigated.At present, the cases of these five people are divided into several places such as Qujing and Xishuangbanna, Yunnan.

Yang Changhong, born in July 1963, served as a Dali Division Lecturer, Senior Engineer of Yunnan Analysis and Test Center, Minister of Development Department of Yunnan Baiyao Enterprise Development Department, president (general manager) assistant and vice president, director, executive vice president, Yunnan BaiyaoDeputy General Manager of Holding Co., Ltd., Executive Director of Yunnan Baiyao Group Co., Ltd., Deputy Secretary of Yunnan Baiyao Party Committee, Executive Director and other positions.After the expiration of his term in November 2022, he no longer served as an executive of Yunnan Baiyao.

People familiar with the matter, also said that before the announcement of Wang Minghui and other executives, Yunnan Baiyao resigned, Wang Minghui, Wang Jin, Yin Pinyao, and Yu Juan had been taken away by the Discipline Inspection Commission.

In this regard, reporters of Economic Observation Network also questioned Yunnan Baiyao Company on May 8, 2024.A staff member of the company replied that Yunnan Baiyao Company has not received any information in this area. Listed companies disclose information in accordance with relevant laws and regulations.

On May 8, 2024, Yunnan Baiyao closed at 56.90 yuan/share, down 0.14%.