Why did Bao Shiyu Pharmaceutical stop production?

Bankruptcy reorganization. According to the information notified by the People's Court of Suzhou Industrial Park, the court decided to pre-reorganize Suyi Pharmaceutical in June 5438+ 10, 2023, and appointed Jiangsu Lee Tae Law Firm as the temporary manager of Suyi Pharmaceutical. In order to maximize the asset value of Suyi Pharmaceutical Co., Ltd. and the interests of creditors, the temporary manager of Suyi Pharmaceutical Co., Ltd. issued the Announcement on Recruiting Intention Investors of Suzhou No.1 Pharmaceutical Co., Ltd. on February 3, 2023. Brother Pharmaceutical, a wholly-owned subsidiary of the company, plans to participate in the bankruptcy and reorganization of Suyi Pharmaceutical and openly recruit investors.