Luo Xin Pharmaceutical: Liu Zhenteng Resigns as General Manager and Appoints Chen Ming as General Manager.
Luoxin Pharmaceutical announced that on May 8, 2026, Liu Zhenteng resigned as the general manager due to company strategy and organizational optimization. His original term was supposed to last until January 28, 2029, but he will continue to serve as chairman and other positions after his resignation. He is one of the actual controllers of the company, indirectly holding 242 million shares. On May 11th, the board of directors agreed to appoint Chen Ming as the general manager, with a term until the completion of the sixth session of the board of directors. Chen Ming is currently the chairman and general manager of Beijing Health, indirectly holding 2.3848 million shares. The fund manager of Deyi Capital, in which he holds control, is a shareholder with more than 5% of the company's shares.
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