# Zhao Buchang
Latest news and articles about Zhao Buchang
Total: 2 articles found
Founder of Buchang Pharmaceuticals Faces Court-Imposed Consumption Ban as Family Hotel Owes RMB 16m
An 84‑year‑old founder of Buchang Pharmaceuticals has been subject to a court‑ordered ban on high‑end consumption after his family‑owned hotel failed to repay a RMB 16 million loan. The enforcement action, though separate from the listed drugmaker, spotlights governance, related‑party risk and the company’s long reliance on marketing over R&D amid a sharply reduced market valuation.
Buchang Pharma Founder Hit with Consumption Ban After Family Hotel Defaults on Rmb16m Loan
An enforcement order has placed Buchang Pharmaceutical founder Zhao Buchang on China’s restricted‑consumption list after a family‑owned hotel failed to fully repay a Rmb16 million loan. The case is legally separate from the listed company but raises governance and related‑party concerns given the Zhao family’s recent local property acquisitions and the founder’s controlling stakes in non‑listed assets.