HBMC(SZ:300027) Zhong Guo Xin Wen Wang·2025-12-24 10:19Core Viewpoint - Huayi Brothers Media Co., Ltd. and Huayi Brothers Film Co., Ltd. have recently been listed as defendants in a court execution case, with an execution amount of approximately 74.73 million yuan, as reported by the Beijing Chaoyang District People's Court [1] Group 1: Legal Issues - On December 10, Huayi Brothers Media Co., Ltd. and its legal representative Wang Zhongjun were restricted from high consumption due to a dispute over an advertising contract, with the applicant being Beijing Tairui Feike Technology Co., Ltd. [1] - The company announced that it is experiencing a temporary inability to repay certain debts, and Wang Zhongjun's approximately 154 million shares are set for a second judicial auction [1] Group 2: Financial Performance - In 2015, Huayi Brothers achieved a peak net profit of 1.218 billion yuan, but since 2018, the company's performance has significantly declined [4] - For the first three quarters of 2023, the net profit attributable to shareholders of the listed company was -114 million yuan, a decrease of 168.15% compared to the same period last year, while the net profit after deducting non-recurring gains and losses was -163 million yuan, down 255.75% year-on-year [4] - The current market value of Huayi Brothers is less than 6 billion yuan, representing a decline of over 90% compared to its peak market value of nearly 90 billion yuan in 2015 [4] Group 3: Company Background - Huayi Brothers Media Co., Ltd. was founded in 1994 by brothers Wang Zhongjun and Wang Zhonglei, initially gaining recognition through investments in notable films directed by Feng Xiaogang [4] - The company has diversified into various sectors including film and television, artist management, music production, and entertainment marketing, and was listed in 2009 [4] - As of now, Huayi Brothers has a total of 141 affiliated companies, with the main company being Huayi Brothers Media Co., Ltd. [5]