Zhao Chunzhi, secretary to the president at Changsheng Biotechnology, told China Securities Journal that sales revenue from rabies vaccine products counted for half of Changchun Changsheng's gross revenue.
The Changsheng case is the latest in a slew of scandals that has plagued China's pharmaceutical industry in recent years.
"Not just the culprits directly responsible for the problematic vaccines, but also those responsible for enabling the sector's misdeeds need to be caught", it added.
Facebook stock tumbles as user, revenue growth lag
It owns three other properties with more than 1 billion users: WhatsApp, Messenger and Instagram. Facebook CEO Mark Zuckerberg was in Europe last quarter discussing data policies with lawmakers.
The Changsheng vaccine issues first became public following an official government inspection of the company's facilities on July 15, in which authorities found that the company had fabricated production and testing records, falsified production specifications and equipment, CFDA officials said in a briefing on Sunday.
Premier Li issued a statement Sunday denouncing Changsheng for crossing a moral line, and promised to "resolutely crack down" on any actions that endangers public safety.
Reports on the developing scandal have revealed that the company may have supplied ineffective DPT (diphtheria, whooping cough and tetanus) vaccines that were given to babies as young as three months old, and forging data for anti-rabies vaccines.
By Monday afternoon, the hashtag "Changchun Changsheng makes fake vaccines" had garnered more than 100 million views on Weibo. According to the report, 252,600 vaccines in the batch had been sold to disease control and prevention centers throughout east China's Shandong Province.
It follows an earlier incident, in November 2017, when at least another 400,000 doses of the same vaccine, produced by a different, second company, the Wuhan Institute of Biological Products, were found to be substandard.
Leroy Sane: Manchester City forward tips Chelsea for title challenge
Guardiola masterminded a record points haul in the English top flight last season, with 100, finishing the campaign 19 clear of second-placed Man United .
Changsheng, which suspended trading in its shares for part of Monday, saw their value drop by 10% on the day.
The latest problems come a little more than two years after police in northern Shandong province said they had uncovered the illegal sale of vaccines worth almost $90 million. They have slumped 47 percent since mid July.
It was recently discovered that a common blood pressure and heart drug manufactured in bulk by Chinese firm Zhejiang Huahai Pharmaceutical may have contained an impurity linked to cancer since 2012.
Some parents in the province of Guandong said they had lost confidence in vaccines made in China and that in the future they would like to have their children vaccinated in Hong Kong and Macao.
The government needs to let the public know it "will punish any wrongdoers without mercy", the official newspaper wrote. "Once a darling of Chinese fund managers, Changsheng Bio-tech has lost almost half of its share value since the State Drug Administration uncovered its data forgery in an unannounced inspection a week ago, and is now in danger of being delisted", the newspaper reported.
Sergio Marchionne Dead At 66
Some experts have cast doubt on the ability of Marchionne's successors to maintain the momentum he had built up over the years. The company suddenly replaced Marchionne at the helm of the company over the weekend as news of his illness broke.
In an editorial Monday, the state-run China Daily said "the investigation that has been launched must get to the bottom of the case so as to scratch the bone to get rid of the poison".