Published: July 15th, 2021,
Last updated: July 15th, 2021
Xu Jingren is dead. The founder of Yangtze River Pharmaceutical Group Co Ltd died last Monday at the age of 77. For five decades, Xu led the company, which is one of the most successful in the industry in China but bucked the trend by never going public. Xu held the posts of chairman of the board, chief executive officer and party secretary all at the same time.