Li Dong, chairman of the board of directors, was sentenced to 15 years in the case of selling fake masks in kangbaixin pharmacy

category:Finance
 Li Dong, chairman of the board of directors, was sentenced to 15 years in the case of selling fake masks in kangbaixin pharmacy


All three defendants said they would appeal.

Several people familiar with the situation confirmed the news to the reporter of economic observer.

On February 27, 2020, economic watch exclusively disclosed the case that the chairman of kangbaixin company, a well-known chain drugstore in Beijing, was arrested for selling a large number of fake 3M masks.

From January 21 to January 26, 2020, during the outbreak of the new crown epidemic in the mainland of China, Li Dong, as the legal representative and chairman of kangbaixin pharmacy, instructed his relatives Li Yuzhang who worked in the pharmaceutical enterprise system of Shanxi Province, and Luo Hanyi, Li Yuzhangs classmate, to purchase a mask marked 3M from yixinyu, a vendor in Gaomi City, Weifang, Shandong Province, at a low price Only, and then sell at a high price.

After identification by 3M company and national labor protection products quality supervision and inspection center and other organizations, the above masks are fake 3M brand masks, and the filtering efficiency data does not meet the standard requirements identified.

Because of the poor quality of these masks, many customers soon complained.

The food and Drug Crime Investigation Bureau of the Ministry of public security also joined the coordination and command, and the police in Beijing, Shanxi, Shandong and other places jointly handled the case.

From January 30 to February 1, Li Dong, Li Yuzhang and Luo Hanyi were successively seized and prosecuted by the police.

On February 25, three people were prosecuted by Chaoyang District Procuratorate of Beijing Municipality to Chaoyang District Court of Beijing Municipality for the crime of selling fake and inferior products.

On February 27, the case was disclosed exclusively by economic watch.

The next day, kangbaixin pharmacy apologized to the public on this matter, and said that it has started the compensation for consumers. For customers who bought the above-mentioned mask from the company from January 23 to 26, 2020, they will be compensated 3 times of the value of the purchased goods.

Niu Heyi said, the executives involved in this case bought the problem masks from illegal channels for their personal interests, which not only seriously damaged the interests of consumers, but also damaged the reputation of Gaoji, and made kangbaixin suffer a huge loss. This incident is also a wake-up call for us. We will carry out internal verification, upgrade technology and management, complete the unified purchase and marketing system as soon as possible, build an internal regulatory system with dual protection of management and technology, and protect consumers rights and interests from the source.

Kangbaixin pharmacy, founded in November 2004, is a well-known chain pharmacy in Beijing. For quite a long time, Li Dong and his mother Shan Zhenju are shareholders of the company. In May 2018, Gaoji Medical Co., Ltd. invested in kangbaixin pharmacy and held 51% equity. However, after the merger and acquisition, Li Dong is still the legal representative and chairman of kangbaixin pharmacy. On March 26, 2020, the case opened in Chaoyang District Court of Beijing. All the three defendants pleaded not guilty and denied that they were knowing the fake and selling the fake. In the trial, the debate between the prosecution and the defense also focused on whether Li Dong and others knew that the 3M mask they bought was fake. The prosecutions sentencing proposal for Li Dong is 15 years in prison. On June 19, the court of Chaoyang District of Beijing issued a first instance judgment, which also sentenced Li Dong to 15 years imprisonment. Source: editor in charge of Economic Observer: Yang Bin_ NF4368

Kangbaixin pharmacy, founded in November 2004, is a well-known chain pharmacy in Beijing. For quite a long time, Li Dong and his mother Shan Zhenju are shareholders of the company. In May 2018, Gaoji Medical Co., Ltd. invested in kangbaixin pharmacy and held 51% equity. However, after the merger and acquisition, Li Dong is still the legal representative and chairman of kangbaixin pharmacy.

All the three defendants pleaded not guilty and denied that they were knowing the fake and selling the fake.

The prosecutions sentencing proposal for Li Dong is 15 years in prison.

On June 19, the court of Chaoyang District of Beijing issued a first instance judgment, which also sentenced Li Dong to 15 years imprisonment.