铂爵旅拍及其董事长被限消，累计被执行约1.24亿元

Core Viewpoint - Recently, Platinum Travel Photography Cultural Group Co., Ltd. (referred to as Platinum Travel) and its legal representative Xu Chunsheng have been issued a consumption restriction order due to failure to fulfill payment obligations as per a court ruling [1][6]. Group 1: Legal and Financial Issues - The consumption restriction order was applied by the Xiamen Siming Branch of the Industrial and Commercial Bank of China, with the Xiamen Intermediate People's Court executing the order [1][6]. - As of December 26, 2025, the bank applied for enforcement of an arbitration ruling against Platinum Travel, which had not complied with the payment obligations outlined in the legal documents [2][9]. - Platinum Travel has three enforcement records with a total amount of approximately 124 million yuan, including over 9.12 million yuan executed on December 3, 2025, and over 78 million yuan executed on December 26, 2025 [2][9]. - The company also has 26 records of equity freezes, and its total debt in litigation exceeds 126 million yuan [2][9]. Group 2: Company Background and Operations - Founded in December 2014, Platinum Travel has a registered capital of approximately 56.57 million yuan, with Xu Chunsheng serving as the legal representative, chairman, and general manager [2][9]. - The company was once popular in the travel photography sector, covering destinations in 112 countries and having a presence in major Chinese cities such as Xiamen, Sanya, Lijiang, Dali, Chengdu, and Shenzhen [2][9]. - Since 2020, the company has faced significant operational challenges, including a sharp decline in orders, revenue drop, and high costs, leading to continuous losses [5][12]. - In July 2025, the company announced a temporary suspension of its travel photography business from July 11 to October 31 due to these financial difficulties, while low-cost services continued to operate [5][12].