On June 6, the Zhejiang Securities Regulatory Bureau disclosed the "Decision on Measures to Issue Warning Letters to Wang Zhongjun and Wang Zhonglei".The decision stated that Wang Zhongjun and Wang Zhonglei, as the actual controllers of Huayi Brothers Media Co., Ltd., failed to stop buying and selling the company's shares and fulfill their reporting and announcement obligations in a timely manner when the proportion of equity changes reached 5%.Until December 22, 2021, the two talents will disclose the short-form equity change report.
Zhejiang Securities Regulatory Bureau decided to take supervision and management measures of issuing warning letters to Wang Zhongjun and Wang Zhonglei, and record them in the integrity file of the securities and futures market.
issued a warning letter
Zhejiang Securities Regulatory Bureau disclosed that during the period from October 30, 2009 to December 20, 2021, the proportion of Huayi Brothers equity held by Wang Zhongjun and Wang Zhonglei decreased from 34.41% to 23.74%, with a cumulative change of 10.67%. On August 14, 2015, the company implemented a non-public offering of shares, resulting in a decrease of 7.54% in the cumulative equity ratio; from November 24, 2015 to December 20, 2021, due to the two people's initiative to increase or decrease their holdings, the company repurchased and cancelled shares, and stock options The exercise of rights, etc. resulted in a decrease of 3.13% in the cumulative equity ratio.When the proportion of equity changes reached 5%, the two failed to stop trading in the company's shares as required and fulfilled their reporting and announcement obligations in a timely manner.Until December 22, 2021, the two talents will disclose the short-form equity change report.
Previously, the Shenzhen Stock Exchange had given Wang Zhongjun and Wang Zhonglei the punishment of criticism, which was recorded in the integrity file of the listed company and made public to the public.
Continue to reduce shareholding
It is worth noting that the Wang brothers have continued to reduce their shares in the company recently.
Huayi Brothers issued an announcement on the evening of June 2, and received the "Notification Letter of Share Reduction" from the company's actual controllers Wang Zhongjun and Wang Zhonglei. It notified the company on March 17, 2022 to disclose the "Actual Controller's Reduction of Shareholdings". From the next trading day to the date of this announcement, a total of 30,330,400 shares of the company have been reduced through centralized bidding and block transactions, exceeding 1% of the company's total share capital. The funds obtained from the reduction are mainly used for Repay the stock pledge financing, reduce the pledge risk, and better protect the stability of control rights.After the equity change, Wang Zhongjun and Wang Zhonglei held a total of 554,361,032 shares of the company, accounting for 19.98% of the company's total share capital, and were still the controlling shareholder and actual controller of the company.
In addition to the direct reduction of holdings, the Wang brothers continued to implement stock pledge financing.According to the announcement of Huayi Brothers on May 18, the accumulative number of pledged shares due by Wang Zhongjun and Wang Zhonglei in the next six months is 333,360,000 shares, accounting for 59.60% of the shares held by them, accounting for 12.02% of the company's total share capital, and the corresponding financing balance is 464,194,900 RMB; the accumulative number of pledged shares due within the next year (including the aforementioned due within the next six months) is 542,280,000 shares, accounting for 96.95% of the shares held by them, accounting for 19.55% of the company's total share capital, and the corresponding financing balance is 772,214,900 yuan.
Previously, the Shenzhen Stock Exchange inquired about the stock pledge of the Wang Brothers.According to the company, Wang Zhongjun and Wang Zhonglei's personal equity pledge financing is used for capital turnover such as debt repayment, personal equity investment, art investment, real estate and other fixed asset investment.
On April 28, Huayi Brothers disclosed an announcement stating that Wang Zhongjun, Wang Zhonglei and their controlled Huayi Brothers (Tianjin) Investment Co., Ltd. were listed as the persons subject to execution by the Beijing Third Intermediate People's Court, and the target of execution was 185 million yuan.
According to Huayi Brothers' first quarterly report, the company's total revenue during the period was 132 million yuan, a year-on-year decrease of 66.69%, and the net profit attributable to shareholders of the listed company was -132 million yuan.As of the end of the period, the total assets of Huayi Brothers were 6.84 billion yuan, a year-on-year decrease of 3.59%; the owner's equity attributable to shareholders of listed companies was 2.195 billion yuan, a year-on-year decrease of 5.85%.
As of June 6, the stock price of Huayi Brothers has fallen by 32.83% this year, and the latest report is 2.66 yuan, which is about 90% lower than the historical high.
(Editor in charge: Guan Jing)
