- Chief Business Intelligence
- Chief Business Intelligence
Introduction: The century-old brand can't hold it, and many executives are suspected of being put in a pot by the Commission for Discipline Inspection, and the reasons behind it are extremely scary.
Yunnan Baiyao has been passed down for a hundred years with its unique miraculous medicinal effect and has become a must-have "fairy medicine" for every family. Daily products are sold well at home and abroad, making money to earn hand cramps.
But this time, the century-old Yunnan Baiyao couldn't laugh.
After exposing the resignation of 5 executives, only 2 days later, the value of Yunnan Baiyao plummeted, with its market value falling from 101.282 billion to 95.208 billion, and nearly 6 billion was thrown into the river.
The annual salary of senior executives is more than 10 million
There have been clues to the corruption nest case for a long time
Starting from March 2023, five senior executives have left one after another, including Wang Minghui, the chairman of Yunnan Baiyao, who has worked in the company for nearly 20 years and has an annual salary of more than 10 million yuan and has achieved the most.
is not retired, let alone emeritus, but announced in a low-key manner last year that "Wang Minghui resigned for personal reasons".
The strange thing is that he joined Yunnan Baiyao in 1999 and served as the general manager at the age of 37, leading Yunnan Baiyao to transform into a daily chemical product. It took 19 years to achieve an operating income of nearly 40 billion yuan, an increase of more than 19 times over 2004.
Yunnan Baiyao's aerosols, band-aids, Yunnan Baiyao toothpaste and other best-selling series were all launched after he took office, and Yunnan Baiyao toothpaste has become a popular product, and the price is not cheap.
Wang Minghui's treatment has risen with the tide. Let's ask the sudden resignation of such a "founding hero", Yunnan Baiyao only has a short sentence of "no objection to the reason" on the resignation approval to deal with the whole matter in a low-key manner, is this not logical?
What's even more strange is that Wang Minghui's right-hand man, Wang Jin, the "first sister in sales" who is 8 years younger than Wang Minghui, and Yin Pinyao, the minister of finance who has been with Wang Minghui for 24 years, have all resigned due to "personal reasons", and what is even more strange is that Yin Pinyao left before his term of office even expired.
Vice President Yang Changhong and administrative manager Yu Juan are also veterans who have followed Wang Minghui for decades. Except for Yang Changhong, whose term of office expired, the rest resigned from Yunnan Baiyao for some innocuous reasons.
These five veterans of Yunnan Baiyao have mysteriously disappeared from people's field of vision since they left their posts.
This series of unusual operations makes netizens feel that this matter is not simple, and sure enough, there must be a demon when something happens!
No, a blockbuster news fell, according to "Sina Finance": These five people were taken away by the local Commission for Discipline Inspection and supervision.
Commission for Discipline Inspection? Re-associate with the chairman of the board, vice president, administrative manager, head of the finance department, and sales crown.
Isn't this a simple matter of resignation? As soon as the news came out, Yunnan Baiyao evaporated 6 billion in market value in 2 days.
Source: Tencent News
The media even interviewed people familiar with the matter, revealing that the reason for their investigation may be related to the previous acquisition of Hong Kong Bandung by Yunnan Baiyao, and the content of the investigation seems to be suspected of transferring state-owned assets and causing the loss of state-owned assets.
One of the main businesses in Hong Kong Bandung is money lending. If, according to people familiar with the matter, the drug seller and the money lender are actually dreamily linked? Not too outrageous.
And this incident was actually revealed that another person was also taken away for investigation, Chen Fashu, known as "Chinese Buffett". He used to be the richest man in Fujian and one of the directors of Yunnan Baiyao.
According to the information, this linkage has lasted from 2017 to the present, and Chen Fashu has also been found to have participated in this project.
Yunnan Baiyao spent billions of Hong Kong dollars, and is it really good for Yunnan Baiyao to acquire a company that has no revenue for the company?
While such an acquisition may seem to have little effect on the company, it is not necessarily for the executive chairman, as can be seen in the doubling of salaries.
However, as of now, the relevant person in charge of Yunnan Baiyao has not replied to the news that the five executives were taken away by the Commission for Discipline Inspection for investigation, and the real reason for the investigation of Wang Minghui and others is still unknown.
However, judging from the timing of the acquisition of Hong Kong Bandung, and the connection with the suspected Chen Shufa and his team being taken away by the Commission for Discipline Inspection for investigation, it is not surprising that the media and netizens have such conjectures.
Let's not talk about whether the news that these people were taken away by the Commission for Discipline Inspection is true, if you look at the reputation of Yunnan Baiyao in recent years, it is indeed not as good as before.
Inflated prices, and mysterious miracles. made netizens suspicious of this century-old pharmaceutical company, no wonder toothpaste is so expensive.
Trust collapsed
Secret formulas are questioned about IQ taxes
Since the advent of Yunnan Baiyao for 100 years, because of its special miraculous effect, the drug ingredients have been listed as "national traditional Chinese medicine secret formula", and have the reputation of "Chinese treasure, the holy medicine of wounds", so Yunnan Baiyao has always had a secret that cannot be said.
However, one of Yunnan Baiyao's daily products is a popular product, but it was revealed by netizens in the early days, selling Western medicine under the banner of traditional Chinese medicine, questioning the ingredients of Yunnan toothpaste that do not match the propaganda of Yunnan Baiyao.
It is called "traditional Chinese medicine toothpaste" that prevents bleeding and hemostasis of the gums, but the ingredient list shows that the western medicine ingredient "tranexamic acid" contains hemostatic effects.
It is also directly pointed out whether Yunnan Baiyao is selling dog meat on the head of a sheep, not only that, tranexamic acid is also a prescription drug, will it be illegal to add it to daily necessities?
This revelation, everyone is not calm, the hemostatic agent tranexamic acid, which can only be used for tooth extraction, is it really okay to use it in low doses every day in daily life?
If the real cause of bleeding gums is inflammation of the gum tissue, and the bleeding is temporarily stopped with these toothpastes containing hemostatic agents, won't this "pretending" to be cured aggravate the condition?
Moreover, the price of a Yunnan toothpaste ranges from 15-30 yuan, and the price is not cheap.
In addition to the toothpaste that was revealed to contain tranexamic acid, some netizens found out that the toothpaste sold by Yunnan Baiyao in the United States is not marked with this ingredient, but the toothpaste in China does.
The same toothpaste, but labeled with different ingredients, such a "double standard" behavior, some lawyers said that it may involve false publicity.
Over-the-counter drugs are fairly tightly controlled in the United States, and there has been no official confirmation as to why tranexamic acid is not included in the ingredient list. However, judging from the ingredients in the ingredient list, the toothpaste sold by Yunnan Baiyao in the United States does not contain tranexamic acid.
In addition, Yunnan Baiyao's proud "national traditional Chinese medicine secret formula" has also been questioned by more and more people, not only the ingredients have been treated differently.
Many netizens found that the formula of Yunnan Baiyao, which was kept secret in China, was publicly marked in the United States.
Pictured: Yunnan Baiyao's ingredient list published in the United States
In recent years, Yunnan Baiyao, as the first listed pharmaceutical company in China's stock market, can be described as a wave of unevenness.
This time, it was revealed that 5 executives were taken away by the Commission for Discipline Inspection for investigation, although the authenticity has not been confirmed at present, as the "old hero" of Yunnan Baiyao, it is really surprising that such a scandal was reported.
Many netizens are worried about whether our "national secrets" will be leaked.
Yunnan Baiyao toothpaste was also questioned by netizens, no wonder it was so expensive. The impact of such negative public opinion on the future development of Yunnan Baiyao enterprises is huge.
Although Yunnan Baiyao's official website posted several articles in the early years, suggesting that it was repeatedly sued, smeared, and demanded the disclosure of drug ingredients, "it may be that competitors are responsible for it".
But as a century-old pharmaceutical industry, Yunnan Baiyao must have the courage to withstand "wind and rain"!
A century-old brand
Can the myth be recreated
The history of Yunnan Baiyao hides an unknown past, which has moved countless people.
Yunnan Baiyao originated in 1902, and its original name was "Quhuanzhang Baibaodan".
The founder, Mr. Qu Huanzhang, used medicine to save people and fought with medicine, but finally died unjustly in prison, and only the Yunnan Baiyao he founded has been passed down to the present.
After decades of development, Yunnan Baiyao has grown from a manufacturer with assets of less than 3 million yuan to a listed company with a market value of more than 100 billion yuan. The products are sold to China, Hong Kong, Macao, Southeast Asia and other regions, and have entered the markets of Japan, Europe and the United States and other countries and regions.
In 2024, the market value of Yunnan Baiyao will peak at more than 100 billion.
Yunnan Baiyao has not come this way, it is not easy. To put it mildly, Yun'an Baiyao has accompanied China through hardships.
However, now that China's economy is undergoing rapid changes, Yunnan Baiyao, an old domestic product, is facing new challenges and opportunities in the "war" of the new era.
Because in the past, "the aroma of wine is not afraid of deep alleys", now it has become an active display.
For example, the coconut tree and the old godmother jointly formed the "Ma Coconut" group, the silver heron and the spicy prince formed the "Win Ma" combination, and the six walnuts and yoyo plum formed the "666" group......
For example, Bee Flower has made a new move since the 79 package series, and recently released a new brand blockbuster "Bee Woman", "Bee Flower Sandalwood Soap", which is from the Shanghai soap factory with a history of 95 years, and Bee Flower, the "old guy", is slowly getting younger.
When Wang Minghui joined, the team he led really injected more vitality into Yunnan Baiyao, turned traditional medicine into a variety of uses, and derived traditional Chinese medicine into daily necessities, "saving" Yunnan Baiyao.
But if it is true that Wang Minghui and other 5 people were taken away by the Commission for Discipline Inspection for investigation this time, people can't help but think deeply about why this man who once successfully led Yunnan Baiyao to "rejuvenate" would choose to push Yunnan Baiyao into the abyss. Does too much power lead to more desire?
Pharmaceutical anti-corruption storm
More than 100 people have been investigated and the number is still rising
According to incomplete statistics, since the country began to rectify the pharmaceutical industry, many hospital "top leaders" have been investigated by the Commission for Discipline Inspection. Not only that, many hospital directors, pharmaceutical company executives, and even the health system have embezzled and accepted bribes.
Last year, this pharmaceutical anti-corruption storm swept through more than 20 provinces across the country, and more than 180 people were investigated in the field of medicine.
To buy a medical device with an import price of 15 million yuan, the dean bought it for 35.2 million yuan, and only this instrument ate a rebate of 16 million yuan. This is a hospital corruption case exposed by the Central Commission for Discipline Inspection and the State Supervision Commission.
Just a dean can secretly put so much in his pocket when he buys an instrument, and he can't imagine how much money is in the pocket of the "pharmaceutical corruption army" behind him.
But this rectification behavior of the country seems to be imperative, and the dean who has been in office for 7 years will be arrested! Dean, who has retired, catch! Retired for 7 years, take care of it!
Therefore, if Wang Minghui and others are really taken away by the Commission for Discipline Inspection for investigation this time, Yunnan Baiyao will be more auspicious and less auspicious.
Write at the end
As a giant in the traditional Chinese medicine industry, Yunnan Baiyao has been buried in internal contradictions for a long time.
The price of Yunnan Baiyao products has risen outrageously in the past two years, and a box of toothpaste is sold for 70 or 80, which makes many netizens complain about the IQ tax.
If the executives of the leading enterprises do not focus on their main business, they want to make quick money in some crooked ways, and finally harm others and themselves.
When Wang Minghui first joined Yunnan Baiyao, he once said to the outside world: "Baiyao has a history of 114 years, and when the baton is handed over to me, I will run. ”
Wang Minghui, who has been running for 19 years, why he suddenly couldn't run, I am afraid that only he knows the reason.
Do you have any thoughts on the news that Yunnan Baiyao executives are suspected of being taken away for investigation?
What are your thoughts on the pharmaceutical industry? Welcome to leave a message in the comment area to discuss and express your opinions or opinions, thank you.
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