Core Viewpoint - Lehua Entertainment's stock price has been declining significantly in the second half of this year, with recent news about actor Wang Yibo not renewing his contract causing widespread concern [1] Group 1: Stock Performance - Lehua Entertainment's stock price fell by 5.603% on the day of reporting [1] - The stock has seen a decline of 12.69% in October and over 40% since June 20 of this year [1] Group 2: Company Overview - Lehua Entertainment, listed on the Hong Kong Stock Exchange on January 19, 2023, is the largest artist management company in China, covering the entire value chain of artist management [1] - The company was founded in 2009 and includes three main business segments: artist management, music IP production and operation, and pan-entertainment business [1] Group 3: Contribution of Wang Yibo - Wang Yibo's contribution to Lehua's revenue increased from 16.8% in 2019 to 59% in the first three quarters of 2022 [1] - In 2024, Lehua's total revenue is projected to be 765 million, with Wang Yibo contributing approximately 459 million, accounting for over 60% [1][2] - The investor relations department indicated that Wang Yibo's revenue contribution is gradually decreasing [2] Group 4: Wang Yibo's Business Ventures - Wang Yibo is associated with four companies, three of which are currently active, including Beijing Boyuan Cultural Technology Co., Ltd. and Shanghai Yibo Cultural Media Studio [2] - He holds a 70% stake in Tianjin Horizon Network Technology Co., Ltd., which has applied for multiple trademarks related to his name in various international classifications [2]
王一博不续约？乐华娱乐股价持续下跌，王一博有这些关联企业