On July 3, Weining Health (300253.SZ) announced that Zhou Wei, the actual controller and chairman of the board, had been placed under lien measures.
“The staff received a telephone notification from the Maoming Municipal Supervisory Commission on July 2, 2023. Mr. Zhou Wei, the actual controller and chairman of the company, had been placed under lien measures. As confirmed by the company and Mr. Zhou Wei's family, Mr. Zhou Wei was placed under lien measures on July 1, 2023.” The Wei Ning Health Notice stated.
Wei Ning Health also said that all other executives are carrying out their duties normally and that everything is running normally. However, the announcement did not provide an explanation as to why Zhou Wei was detained.
ID: TradeWind01 (ID: TradeWind01) noticed that the Maoming Municipal Supervisory Commission announced on June 29 that Li Zhirong, former party committee secretary and director of the Maoming Hospital of Traditional Chinese Medicine, is suspected of serious disciplinary violations and is currently undergoing disciplinary review and supervision investigation by the Maoming Municipal Commission for Discipline Inspection and Supervision.
ID: TradeWind01 (ID: TradeWind01) sought evidence from Weining Health on this matter whether there was a link between the two parties, which did not confirm.
“The news our company received was the announcement above; there is no further information on anything else right now.” Wei Ning Health said to Xinfeng (ID: TradeWind01).
It is worth noting that Weining Health's business is closely linked to medical institutions.
Weining Health mainly provides medical institutions with smart medical services such as electronic medical records, online diagnosis and treatment, and the construction of health insurance information platforms.
Affected by factors such as the slowdown in order delivery by medical institutions in 2022, Weining Health experienced a “increase in revenue without increasing profit” situation. Current operating income was 3,093 billion yuan, up 12.46% year on year. Net profit from the mother's mother reached 108 million yuan over the same period, down 71.33% year on year.
Affected by the actual controller's detention incident, Weining Health's quick dive fell to a standstill at 8.66 yuan/share at 8.66 yuan/share, a drop as high as 19.96%.
