In July this year, Li Chuyuan, the secretary of the party committee and chairman of the Guangzhou Pharmaceutical Group, who resigned from the company's chairman and other positions on the grounds of personal reasons, was investigated on Friday (August 30).

According to the WeChat public account "Nanyue Qingfeng" on Friday news, Li Chuyuan is suspected of serious disciplinary violations and is currently undergoing disciplinary review and supervision investigation by the Guangdong Provincial Commission for Discipline Inspection.

Bai Yunshan, a listed company of Guangyao Group, announced on July 22 that he received a written resignation report from the chairman Li Chuyuan.Li Chuyuan resigned as the chairman of the company for personal reasons and no longer hold any position of the company.

At the time, the First Financial quoted the news that Li Chuyuan had been taken away by the relevant departments and his family members were also investigated.

Public information shows that Li Chuyuan, currently 59 years old, has worked in Guangyao Group for 36 years. Starting from a technician, he was promoted step by step.Manager, etc.Li Chuyuan has served as the chairman of Bai Yunshan in 2013 until he resigned.

Guangyao Group is a wholly -owned state -owned company under the Guangzhou Municipal Government. Bai Yunshan, Wang Laoji, and Chen Liji are its well -known brands.

Since 2023, the anti -corruption storm has swept the Chinese pharmaceutical industry, and this year's high -pressure trend has continued.The well -known pharmaceutical company Yunnan Baiyao broke out in May of this year. The former chairman Wang Minghui and other five company executives were taken away by the Discipline Inspection Commission department for investigation.