Core Viewpoint - The news highlights the potential non-renewal of actor Wang Yibo's contract with Lehua Entertainment, leading to a significant drop in the company's stock price and raising concerns about its future revenue generation capabilities [3][5]. Group 1: Wang Yibo's Relationship with Lehua Entertainment - Wang Yibo has not followed Lehua Entertainment's official account, indicating a possible distancing from the company [2]. - Wang Yibo's contract with Lehua Entertainment is set to expire in October 2026, and there is speculation about whether he will renew it [11]. - Wang Yibo is not a major shareholder in Lehua Entertainment, despite contributing significantly to its revenue [10]. Group 2: Financial Impact on Lehua Entertainment - Lehua Entertainment's stock price fell by 9.48% on November 7, with a total decline of over 40% since June 20, 2023 [5]. - Wang Yibo's contribution to Lehua's revenue has increased dramatically, from 16.8% in 2019 to over 60% in 2024, where he contributed approximately 459 million yuan to the company's total revenue of 765 million yuan [9][11]. - The company has been referred to as "Wang Yibo concept stock," emphasizing his importance to its financial performance [9]. Group 3: Company Overview - Lehua Entertainment, founded in 2009, is one of China's largest artist management companies, managing a range of artists and engaging in various entertainment-related businesses [8]. - The company went public on the Hong Kong Stock Exchange in January 2023, becoming the first artist management company to do so [9].
王一博 突发！背后公司股价暴跌 杜华：荒谬！他去年帮公司挣了4.6亿元 占总营收超60%