20 12-09-08 Health Yuan (600380) was exposed to waste oil pharmaceutical.
Following the research on beer hepatitis B vaccine in Chongqing and the poison capsule incident, the pharmaceutical industry once again exposed the "black swan" incident, and Health Yuan was exposed by the media to purchase waste oil drugs. When the report came out, public opinion was in an uproar. Within a week, the company's share price experienced a series of extraordinary circumstances such as emergency suspension, resumption of trading and down limit, which once again proved the great impact of food and drug safety incidents on related enterprises.
In the face of media doubts, Health Yuan took an emergency suspension on the same day. The deputy general manager of the company said that at present, there is no detection method for waste oil in China, and the company is unaware of the purchase of inferior oil, and it is also a victim of the incident. It is argued that soybean oil is used as the culture medium in the production process, and only nutrients in the culture medium are absorbed when microorganisms are cultured, and harmful substances basically do not affect the microorganisms themselves. On the afternoon of August 30th, Health Yuan held a conference call with the media. Chairman Zhu threw out the "dung theory" and explained that it is harmless in theory to use kitchen waste as fermentation raw material, which is very common abroad. On the same day, the company also issued a clarification announcement in official website.
Positive response, conference call and clarification announcement did not stop the daily limit of Health Yuan 3 1. A series of actions not only did not dispel market doubts, but developed in the direction of crisis events. In particular, the chairman of Health Yuan's "dung theory" is called "shocking response", which ignores the due social responsibility of enterprises.