Beida Pharmaceutical (000788.SZ): Chairman and CEO Xu Xiren has been criminally detained.

News from the Securities Times APP: Beida Jade Medicine (000788.SZ) announced that the company recently received notification from relevant authorities that the company's chairman and CEO, Xu Xi, have been criminally detained. The company is currently cooperating with investigating authorities and Xu Xi is temporarily unable to perform his duties. At present, the company has made proper arrangements for relevant work, there has been no change in the company's control, the board of directors is operating normally, and the company's financial and operational management are normal.