The two subordinate hospitals were closed for rectification for three months Xi’An International Medical Investment Company Limited(000516) and their share prices fell by the limit, which has been suspended since January 17

On January 13, 2022, Xi\’an Municipal Health Commission imposed a three-month penalty on two hospitals under the management of Xi\’an high tech hospital Xi’An International Medical Investment Company Limited(000516) (hereinafter referred to as ” Xi’An International Medical Investment Company Limited(000516) “, 000516. SZ) – Xi\’an high tech hospital (hereinafter referred to as “high tech hospital”) and Xi\’an Xi’An International Medical Investment Company Limited(000516) Central Hospital (hereinafter referred to as “Central Hospital”).

With regard to the impact of punishment on the company, on January 13, Xi’An International Medical Investment Company Limited(000516) issued the suggestive announcement on the implementation of other risk warnings on the company’s shares and the suspension of the company’s shares, which said that after the research of Xi\’an Health Commission, Xi\’an high tech hospital and Xi\’an Xi’An International Medical Investment Company Limited(000516) Central hospital under the company were closed for rectification for three months, Treatment opinions such as reopening after the rectification is qualified at the expiration of the period. This event triggered other risk warnings. The trading of the company’s shares was suspended for one day since the opening of the market on January 14, and other risk warnings were implemented since the opening of the market on January 17. After the resumption of trading, the abbreviation was changed from ” Xi’An International Medical Investment Company Limited(000516) ” to “St national medicine”, and the daily rise and fall were limited to 5%.

1 changed to “St national medicine”

On January 13, Xi’an Municipal Health Commission issued a notice on the handling of Xi’an high tech hospital and Xi’an Xi’An International Medical Investment Company Limited(000516) central hospital.

The circular pointed out that after the outbreak of this round of epidemic, Xi\’an high tech hospital and Xi\’an Xi’An International Medical Investment Company Limited(000516) Central Hospital failed to implement the “people first, life first” in medical treatment, had a weak sense of responsibility, failed to perform the duty of saving the dead and healing the wounded, and failed to implement the core medical quality management systems such as first diagnosis responsibility and rescue of acute and critical patients, As a result, the rescue and diagnosis and treatment of acute and dangerous patients were delayed, which aroused widespread concern of public opinion and had a bad social impact. After research, the following treatment opinions are made for Xi\’an high tech hospital and Xi\’an Xi’An International Medical Investment Company Limited(000516) Central Hospital: 1. Suspend business for rectification for 3 months, and reopen after rectification; 2。 Give warning; 3。 Instruct Xi\’an high tech hospital to investigate the responsibility of the person in charge of the hospital, suspend the general manager, and remove the director of the outpatient department, the director of Obstetrics and the deputy director of the medical department; 4。 The city circulated a notice of criticism, interviewed the main person in charge of the hospital, and instructed the hospital to do a good job in appeasing patients and their families.

The notice also said that the two hospitals will be closed from now on and reopen after the rectification is qualified. In order to provide medical security services for the general public in the area under its jurisdiction, Xi’an Health Committee has formulated the work plan for ensuring the normal medical treatment of the people during the suspension of two hospitals in the high tech Zone, and taken a series of measures to ensure the medical treatment needs of the people.

With regard to the impact of Xi’an Health Commission’s punishment on the company and its countermeasures, Xi’An International Medical Investment Company Limited(000516) said in the announcement on the subordinate hospitals receiving the handling notice of Xi’an Health Commission issued on the evening of January 13 that the company felt extremely sad, guilty and remorse for the occurrence of this incident, and expressed deep apology to the patients, their families and the public, We will do our best to deal with the postoperative rehabilitation treatment, comfort and compensation of the patients and their families, deeply reflect, immediately rectify, learn lessons, and pursue the responsibility of the relevant responsible persons. During the period of covid-19 pneumonia epidemic prevention and control, the two hospitals mechanically implemented relevant epidemic prevention policies, exposing weak overall awareness, false work style, weak sense of responsibility and lack of humanistic care.

Xi’An International Medical Investment Company Limited(000516) said that the company’s subordinate high-tech hospitals and central hospitals will close down for rectification from now on in strict accordance with the requirements of the circular, and properly handle the patient counseling, staff training and internal rectification under the guidance of the provincial and municipal health committees.

On the same day, Xi’An International Medical Investment Company Limited(000516) also announced that according to the relevant provisions of 9.1.5 and 9.8.1 of the stock listing rules of Shenzhen Stock Exchange (revised in 2022), the trading of the company’s shares will be suspended for one trading day on January 14, 2022, and other risk warnings will be implemented from the date of resumption. The company will strive to take various measures to meet the requirements of revoking other risk warnings as soon as possible. After the corresponding circumstances are eliminated, the company will timely announce and apply to Shenzhen stock exchange for revoking other risk warnings.

Xi’an Xi’An International Medical Investment Company Limited(000516) Central Hospital apologized

On January 13, Xi’an Xi’An International Medical Investment Company Limited(000516) central hospital issued a letter of apology.

The content of the letter of apology points out: on January 2, 2022, during the prevention and control of covid-19 pneumonia, our hospital mechanically implemented relevant epidemic prevention policies before the hospital, delayed the timely treatment of patients with myocardial infarction and died, which is deeply distressed; We deeply apologize for the pain caused to the patient’s relatives!

During the reception and treatment of this incident, our hospital failed to implement the “people first, life first” into the medical treatment work, with a weak sense of responsibility and lack of responsibility. This matter has aroused widespread concern of public opinion and has had a negative impact on the society. Here, we apologize to the public!

We sincerely accept the handling opinions of Xi’an Municipal Health Commission, suspend business for rectification from now on, deeply reflect, learn lessons, immediately rectify, and hold relevant responsible persons accountable. Continue to actively organize medical staff to complete the tasks of supporting covid-19 patient treatment and nucleic acid sampling according to the arrangement of the epidemic prevention and control headquarters. In strict accordance with the requirements of Xi’an Health Committee and the national regulations on epidemic prevention and control and medical treatment, we will find problems, improve systems, optimize processes, strengthen hospital management, strengthen humanistic care, improve service quality, adhere to the idea that patients’ life and health are above everything, truly perform the responsibility of saving the dead and healing the wounded, and better serve the majority of patients.

Xi’An International Medical Investment Company Limited(000516) said that under the condition that the anti epidemic and medical resources are still tight, the hospital continues to organize medical staff to complete the tasks of supporting patients’ treatment and community nucleic acid sampling in covid-19 designated hospitals, and coordinate the epidemic prevention and control, hospital service optimization and management improvement.

According to the official website of Xi’An International Medical Investment Company Limited(000516) , the company focuses on big health medical services and the transformation and application of modern medical technology. It was listed on Shenzhen Stock Exchange on August 9, 1993 and has been included in the S & P emerging market index. It is the first listed company in Shaanxi Province and Northwest China. Xi’An International Medical Investment Company Limited(000516) integrate resources to develop the main medical industry, and have formed the structure of “one Xi’An International Medical Investment Company Limited(000516) group and three medical service centers”.

Xi’An International Medical Investment Company Limited(000516) after receiving the rectification notice, the company’s share price began to hit the limit near 11:00 on January 13 until the closing. Throughout the day, its share price fell by 10% to close at 8.37 yuan / share. At present, its total market value is 19 billion yuan.

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