The company's stock has hit the limit down, and the chairman of Weining Health, the leader of medical and health information technology, has been detained. Company | Weining | Health

Release time:Apr 14, 2024 01:27 AM

On July 3, Weining Health, a leading enterprise in medical and health information technology, announced that its staff received a telephone notice from the Maoming Municipal Supervision Committee on July 2, 2023, stating that the actual controller and chairman of the company, Zhou Wei, had been detained. After confirmation by the company and Zhou Wei's family, Zhou Wei was detained on July 1, 2023.

The announcement also shows that as of the disclosure date, the company has not received any written notice related to the above-mentioned detention, nor has it received any investigation or cooperation documents from the competent authorities on the company, and is currently unaware of the progress and conclusion of the detention investigation.

Screenshot of Weining Health Announcement.


The company's stock has hit the limit down, and the chairman of Weining Health, the leader of medical and health information technology, has been detained. Company | Weining | Health

Although the announcement mentions that all other directors, supervisors, and senior management personnel of the company, except for Zhou Wei, are currently performing their duties normally, and the company is operating normally. But after the A-share market opened on the 3rd, Weining Health still hit the limit down, closing at 8.66 yuan/share, with a market value of only 18.6 billion yuan, and a single day market value evaporation of 4.6 billion yuan.

Daily K-trend chart of Weining Health's stock price.

According to the official website of Weining Health, Weining Health started in 1994 and its business covers smart hospitals, smart regional health, Internet plus health care, etc. The headquarters of the group is located in Shanghai, with 10 research and development bases and 20 branch offices throughout the country, serving more than 6000 medical and health institution users, including more than 400 users in tertiary hospitals.


The company's stock has hit the limit down, and the chairman of Weining Health, the leader of medical and health information technology, has been detained. Company | Weining | Health

According to the financial report, in 2022, Weining Health achieved a revenue of 3.093 billion yuan, a year-on-year increase of 12.45%; The net profit attributable to shareholders of the listed company was 108 million yuan, a year-on-year decrease of 71.33%. In the first quarter of this year, the company's revenue was 449 million yuan, an increase of 0.82% compared to the same period last year; The net profit attributable to the shareholders of the listed company was -0.64 billion yuan, which turned from profit to loss compared to the same period last year.

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