Latest news and articles about loan dispute
Total: 1 articles found
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.
