[Epoch Times July 12, 2021]Recently, Xu Jingren, chairman of Yangtze River Pharmaceutical, died suddenly of illness. Recently, the media revealed that the founders and executives of many mainland companies had suddenly passed away, which aroused public attention.
According to a report by Health Times on July 11, several people familiar with the matter said, “Xu Jingren, chairman of Yangtze River Pharmaceutical, passed away in Yili, Xinjiang.”
A doctor from the same township as Xu Jingren in Taizhou, Jiangsu revealed that Xu Jingren died of a heart attack during a meeting in Yili.
Yangtze River Pharmaceutical currently employs more than 16,000 people, has more than 20 member companies, and its marketing network covers all provinces, cities, and autonomous regions across the country. The “2019 China Pharmaceutical Industry Top 100 List” released by the China Pharmaceutical Industry Information Center shows that Yangtze River Pharmaceutical has won the first position for the sixth consecutive year.
On October 20, 2020, Xu Jingren ranked 91st on the “2020 Hurun Report” with 47 billion yuan. Xu Jingren’s family wealth ranks first among the entrepreneurs on the list in Taizhou, Jiangsu.
The first half of 2021 will also be an extraordinary year for Yangtze River Pharmaceutical. On April 15, the State Administration of Market Supervision of the Communist Party of China announced that, in accordance with the provisions of the Anti-Monopoly Law, an administrative penalty decision was imposed on Yangzijiang Pharmaceutical, with a fine of 3% of its 2018 sales of 25.467 billion yuan, totaling 764 million yuan.
According to analysis by industry insiders, the founder of Yangtze River Pharmaceutical has suddenly passed away. In the face of heavy penalties and large-scale procurement, Yangtze River needs to face more uncertainties in future marketing compliance and the transformation of traditional pharmaceutical companies.
Recently, the mainland media revealed the sudden death of many company founders and executives, which aroused public attention.
On May 20, 2021, Zuo Hui, the founder and chairman of Shell Company, died unexpectedly due to illness.
Zuo Hui is the legal representative of Beijing Lianjia Real Estate Brokerage Co., Ltd. He founded Lianjia in 2001 and was the chairman of Lianjia. In April 2021, the Forbes Global Rich List was released, and Zuo Hui ranked 128th with a fortune of US$15.5 billion.
On December 25, 2020, Youzu Network Company issued an announcement stating that Chairman Lynch passed away due to invalid treatment. On the evening of December 23, the Shanghai Public Security Bureau issued a police report: Lin Qi was suspected of being poisoned, and his colleague Xu was suspected of committing a major crime. The company’s market capitalization at the time was 12.18 billion yuan. Based on this calculation, Lynch is worth 2.922 billion yuan.
On August 5, 2020, Sinopharm Group Co., Ltd. issued an obituary. She Lulin, vice chairman and general manager of the group company, passed away on July 28, 2020.
On July 4, 2018, the official website of HNA Group issued an obituary: Wang Jian, the co-founder and chairman of HNA Group Co., Ltd., accidentally fell during an official inspection in France and was seriously injured. After rescue, he passed away on July 3, local time. He was 57 years old.
“China Economic Weekly” reported that Wang Jian had been interviewed by the magazine at the headquarters of HNA. When he talked about the hardships of running HNA in the past 25 years, he exclaimed: “It is difficult to be a business, good or bad, bad. Good, someone will rob you. , Bad, someone will harm you. If someone with ulterior motives comes to harm you and rob you. Will you give it? What do you tell me?”
Editor in charge: Li Jing#
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