Core Viewpoint - Recent rumors suggest that actor Wang Yibo will not renew his contract with Lehua Entertainment and may establish a personal studio, which has garnered significant attention. Lehua Entertainment's chairman, Du Hua, labeled these rumors as "absurd" in a statement on November 6 [1][2]. Group 1: Company Overview - Lehua Entertainment, founded in 2009, is a comprehensive artist management company involved in artist agency, music IP production and operation, and the broader entertainment industry [2]. - The company went public on the Hong Kong Stock Exchange in 2022, and its prospectus mentioned Wang Yibo 18 times, leading the market to refer to it as a "Wang Yibo concept stock" [2]. Group 2: Financial Performance - Lehua Entertainment's stock price has been on a downward trend, with a decline of 12.69% in October and a cumulative drop of over 28% in the second half of the year [2]. - Wang Yibo's personal business income has historically accounted for over 60% of Lehua Entertainment's total revenue [2]. Group 3: Shareholding and Contractual Details - Wang Yibo is estimated to hold no more than 3.82 million shares in Lehua Entertainment, and his name does not appear on the list of major shareholders [2]. - His contract with Lehua Entertainment is set to expire in October 2026, making the decision on whether to renew a focal point for both the capital market and the entertainment industry [2].
乐华娱乐董事长杜华疑似回应王一博解约：“荒谬”，此前乐华娱乐股价大跌