V View Financial Report | Zhao Ning, co-founder of Yao Ming Kangde and Yao Ming Bio, passed away: wife of Chairman Li Ge, who has been fighting cancer for 20 years

Tech 2023-05-17 11:05:56 Source: Network

On the morning of May 17th, Zhongxin Jingwei announced that after 20 years of fighting against cancer, co founder Zhao Ning passed away on May 16th, 2023.Source: Announcement of A-share of WuXi AppTecSource: Yaoming Biological AnnouncementAccording to the announcement, Zhao Ning is a co-founder, one of the actual controllers, director, and senior vice president of Pharmaceuticals

On the morning of May 17th, Zhongxin Jingwei announced that after 20 years of fighting against cancer, co founder Zhao Ning passed away on May 16th, 2023.

Source: Announcement of A-share of WuXi AppTec

Source: Yaoming Biological Announcement

According to the announcement, Zhao Ning is a co-founder, one of the actual controllers, director, and senior vice president of Pharmaceuticals. He is also a co-founder, non-executive director, member of the Compensation Committee, and member of the Environmental, Social, and Governance Committee of Pharmaceuticals.

According to the annual report of WuXi KangDe, Zhao Ning (female),Born in November 1966, PhD, American nationality, has obtained a permanent residence permit for foreigners in the People's Republic of China. Received a Bachelor's degree in Chemistry from Peking University and a PhD in Organic Chemistry from Columbia University.

From 1995 to 1996, Zhao Ning worked as a scientist at Wyeth Pharmaceuticals in the United States; From 1996 to 1999, worked as a senior scientist and research director at Pharmacopia Inc; From 1999 to 2004, worked as a senior scientist and department head at Squibb Pharmaceuticals in the United States; Since 2004, I have been working at WuXi AppTec (including the predecessor of the company), holding positions such as General Manager and Vice President of the Analysis Business Department, Chief Advisor of the Analysis Operations Platform, Senior Vice President of Operations and Human Resources, and Executive Director.

Zhao Ning is Li Ge's spouse. Li Ge is the Chairman, Executive Director, and President (Chief Executive Officer) of WuXi Pharmaceuticals, as well as the Chairman and Non Executive Director of WuXi Pharmaceuticals.

According to public information, WuXi WuXi was established in December 2000, listed on the New York Stock Exchange in 2006, and completed privatization and delisting in 2015. In May 2018, after the spin off, WuXi AppTec landed on the A-share market, with its main businesses including CRO (contract research and development services), chemical drug CDMO (contract research and development and production business), cell and gene therapy CTDMO (contract testing, research and development and production), and other fields.

In terms of equity structure, WuXi AppTec has no controlling shareholder. Li Ge, Zhao Ning, Liu Xiaozhong, and Zhang Chaohui, as shareholders and directors of the company, signed an agreement on concerted action, agreeing that they will act in concert on all decision-making matters at the shareholders' meeting and board of directors, and are the actual controllers of the company, jointly controlling a total of 23.5825% of the voting rights of the company.

In terms of Pharmaceuticals, Li Ge, Zhao Ning, Zhang Chaohui, and Liu Xiaozhong signed a unanimous action agreement on June 30, 2016, with a total of 15.24% of the shares held by the four individuals.

In the secondary market, at the close of May 16th, the A-share of WuXi KangDe fell 0.28% to 68.84 yuan/share, while the H-share rose 1.41% to 71.95 Hong Kong dollars/share. Yaoming Biotechnology rose 0.97% to HKD 46.70 per share. (Zhongxin Jingwei APP)

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