Beijing culture was sued by Wu Jing, Chen Sicheng and other related companies to be pursued by about 155 million yuan!

Author:Securities daily Time:2022.07.08

Wen | Gong Mengze

On July 7, Beijing Jingxi Cultural Tourism Co., Ltd. (hereinafter referred to as "Beijing Culture") issued the "Announcement on Company Litigation Matters". The announcement stated that the company recently received Beijing Dengfeng International Culture Communication Co., Ltd. (hereinafter referred to as "Dengfeng International"), Beijing Yisong Legendary Film and Television Culture Co., Ltd. (hereinafter referred to as "one legend"), Jiaying upward (Beijing) Cultural Media Co., Ltd. (hereinafter referred to as "Jiaying Upper") and Xihong Film and Television Culture (Tianjin) Co., Ltd. (hereinafter referred to as "Xihong Film and Television"), requiring Beijing Culture to pay about 155 million yuan in total Concubation and related interest, litigation costs, appraisal fees, premiums, etc. Specifically, Wujing's 90%of the shares required the court to order Beijing Culture to pay the payment of more than 61.69 million yuan and related interest to it; Its payment investment income is more than 29,10 million yuan and related overdue payment losses; Beijing Xingxin Twist Entertainment Culture Media Co., Ltd. holds 15%of tomatoes and film and television, asking the court to order Beijing Culture to pay for the settlement of more than 25.35 million yuan and related overdue payment to it loss. In terms of Jiaying, the court requested the court to order Beijing culture to pay 2.5 million yuan in investment costs; according to the real -time payment of the film's distribution income (as of December 31, 2020, the distribution income of the filled film was about 7.247 million yuan), which was about 7.247 million yuan). And requesting the court to order a liquidated damage to the Beijing Cultural Payment to delay the payment obligations. In this regard, Beijing culture stated that the company is communicating and negotiating with relevant companies to actively deal with lawsuits. The above cases have not yet opened, and the impact of the company's current profit or later profit is uncertain. Belon Law Firm litigation lawyer Ma told a reporter from the Securities Daily that the debt of listed companies in arrears is a debt dispute. Creditors can prove a lawsuit to the people's court by borrowing or other borrowings to request listed companies to enforce loan repayment. "If a listed company arrears loans involving loan fraud, etc., its legal person may also assume corresponding criminal liability." Public information shows that Beijing's main business business is film and television cultural business, including movies, TV drama dramas, artist brokers, and artist agents, and artist agents, and artist agents, and artist agent, Cultural tourism, etc. He has produced film works such as "My Hometown", "Hello Li Huanying", "Wandering Earth", "Fanghua" and "War Wolf 2". Despite the frequent explosive models, Beijing culture has lost money for many years. The financial report shows that the net losses of Beijing culture in 2019, 2020, and 2021 were 2.306 billion yuan, 767 million yuan, and 133 million yuan, respectively. The latest financial report data shows that the cultural revenue of Beijing in 2022 decreased by nearly 70%. The company stated that the revenue of film projects in the same period last year was higher; net loss was about 20.8215 million yuan, a year -on -year narrowing of 22.56%. In addition, Beijing culture has involved financial fraud. In December 2020, the Securities Regulatory Commission was investigated by the suspected information disclosure of Beijing culture. After investigation, Beijing Culture increased the total income of about 460 million yuan in 2018, and the net profit increased by about 191 million yuan. According to a reporter from the Securities Daily, as of now, the above -mentioned lawsuits have not yet been tried. Prior to this announcement, there were 6 related lawsuits and arbitration matters in Beijing Culture and Holding Subsidies, including 5 contract disputes and a collective lawsuit of investors. defendant. In this regard, Ma Xiang believes that the losses caused by the chaos in the company's internal management should not be paid by investors, and investors with damage to equity can file a civil compensation lawsuit to the offenders. "In addition to the internal control of the enterprise, the responsibility of the intermediary agency 'seeing the door" should also be constantly compacted. If the relevant intermediary agencies are not diligent, they should also hold the corresponding legal responsibility. " For reporters, according to the provisions of the Securities Law, when there are false complaints, insider transactions, and manipulation markets in the existence of listed companies, eligible shareholders can initiate claims to listed companies. However, the company's prosecution and liability for compensation in operation does not necessarily constitute the condition for the small shareholders of the listed company to claim to the listed company.