Hybio Pharmaceutical announced that the final ruling from the Intermediate People's Court of Shenzhen, Guangdong Province, has been received regarding the embezzlement case of former director and senior executive Yuan Jiancheng. Yuan Jiancheng was sentenced to three years and six months in prison for embezzling company funds amounting to 16.85 million yuan for personal use by taking advantage of his position. The case has been concluded. The criminal behavior involving Yuan Jiancheng occurred six years ago, and he left the company in August 2019. The company has accrued the related expenses according to relevant accounting standards.
翰宇药业：原董事袁建成挪用资金罪终审裁定 被判处有期徒刑三年六个月
Hybio Pharmaceutical: Former director Yuan Jiancheng's embezzlement case has been finalized, receiving a prison sentence of three years and six months.
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