On July 23, Changsheng issued an announcement to suspend trading. A few hours after the suspension, Changsheng first said that it was investigated by the Securities Regulatory Commission. In the afternoon’s trading resumption announcement, it was found to be a major violation and then the stock dropped its limit. On the 24th, the stock was suspended, and Changchun Changsheng Biotech included directors. 15 people including Changchun were detained by Changchun Public Security Bureau on July 24
Event traceback:
July 16, 2018: Beijing Youth Daily claimed that Changchun Changsheng rabies vaccine production records were found to be falsified during unannounced inspections by the State Food and Drug Administration, and ordered Changsheng to stop the production of rabies vaccine; the news also said that it was “noted by the market”, November 2017 Yue Changsheng was named by the Food and Drug Administration for the vaccine issue, but there is no following…
The original message: [The Longevity Organisms Rabies Vaccine Is Discontinued] (http://www.chinanews.com/sh/2018/07-16/8567613.shtml)
Announcement of the National Medical Products Administration: [Notice of the State Drug Administration on the illegal production of freeze-dried human rabies vaccine by Changchun Changsheng Biotechnology Co., Ltd. (2018 No. 60)] (http://www.nmpa.gov.cn /WS04/CL2050/329592.html)
Subsequently, the issue of longevity organism vaccines began to be reported in the media and fermented in the private sector
South China Morning Post Changsheng Bio-tech, the vaccine maker behind China’s latest public health scare
Phoenix Finance [Foreign Media: From the God of Medicine to the King of Vaccines The collective screen of the middle class] (http://finance.ifeng.com/a/20180723/16397718_0.shtml)
*July 20th: Observer.com published a report that the subsidiary of Changsheng Biotechnology received the administrative penalty decision of Jilin Provincial Food and Drug Administration saying that the DTP vaccine produced by it was unqualified (lot number: 201605014-01)
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Original message: [Not just rabies vaccine fraud! Changchun Changsheng was fined for unqualified DTP vaccine quality](https://www.guancha.cn/YiLiao/2018_07_20_464892.shtml)
July 23: Li Keqiang asked the State Council to immediately send an investigation team to conduct a thorough investigation
Original Announcement: [Li Keqiang’s instructions on the vaccine incident: a clear explanation must be given to the people of the country] (http://news.cnr.cn/native/gd/20180723/t20180723_524308431.shtml)
July 24: Incident, suspension, criminal detention, accountability…