Core Viewpoint - Chinese film giant Huayi Brothers and its founders are facing legal and financial troubles, with a court imposing high consumption restrictions due to an execution case involving 74.73 million yuan [1][6]. Financial Situation - Huayi Brothers announced on December 10 that it is experiencing liquidity issues, with overdue debts reaching 52.5 million yuan, exceeding 10% of its audited net assets for 2024 [6]. - The shares held by founders Wang Zhongjun and Wang Zhonglei, totaling 100%, have been frozen, representing 13.81% of the company's total equity [6]. - Wang Zhongjun's 154 million shares are set for a second judicial auction, with a starting price of 1.9 yuan per share, down 14.8% from the initial auction price of 2.23 yuan [6]. Shareholder Changes - On December 17, Alibaba's investment arm and its concerted action partner Jack Ma reduced their holdings to 4.999996%, exiting the list of major shareholders [8]. Company Performance - Huayi Brothers reported a total revenue of 215 million yuan for the first three quarters of 2025, a 46% year-on-year decline, with a net loss of 114 million yuan, an increase of 168% compared to the previous year [9]. - The company has accumulated losses exceeding 82 billion yuan over the past seven years, with significant losses reported each year from 2018 to 2024 [9]. - The company's market value has plummeted over 90%, with its stock price closing at 2.14 yuan, resulting in a total market capitalization of only 5.937 billion yuan, less than one-tenth of its peak value [9].