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Zhao Wei and his wife have another accident! Sued by a well-known financial institution, the trial will be held soon, and Shi Yuzhu is also involved! What is the reason?

author:National Business Daily

Per editor: He Xiaotao, Cheng Peng, Yi Qijiang

Zhao Wei, who was deeply involved in the storm of public opinion, once again appeared in the public eye as a defendant.

Recently, China Minsheng Trust Co., Ltd. sued Zhao Wei and her husband Huang Youlong and Shi Yuzhu, chairman of Giant Network Group. According to the new hearing announcement on October 9, the cause of the case is a guarantee contract dispute, and the hearing will be held at the Beijing No. 4 Intermediate People's Court on November 8, 2021.

Zhao Wei and his wife have another accident! Sued by a well-known financial institution, the trial will be held soon, and Shi Yuzhu is also involved! What is the reason?

Guarantee contracts generate disputes

The equity of many companies under Zhao Wei's name was frozen

According to public information, Minsheng Trust is an investment institution under Oceanwide Group, formerly known as China Tourism International Trust and Investment Co., Ltd., with a registered capital of 7 billion yuan and the controlling shareholder is Wuhan Central Business District Co., Ltd.

According to the relevant laws and regulations, a guarantee contract refers to a contract in which the guarantor and the creditor agree that when the debtor fails to perform the obligation, the guarantor will perform the obligation or assume responsibility in accordance with the agreement. A guarantee contract dispute refers to a dispute arising from a contract signed between the guarantor (a third party) and the creditor in which the guarantor performs or assumes responsibility in accordance with the agreement and when the main creditor fails to perform its obligations. When determining the cause of action, if the parties file a lawsuit against both the main contract and the guarantee contract, the main contract shall determine the cause of action, and the cause of "guarantee contract dispute" shall not be applied.

It is worth noting that Minsheng Trust and Zhao Wei have had a lawsuit feud. In June this year, Minsheng Trust appealed to Zhao Wei, also on the grounds of a dispute over a guarantee contract. In the judicial assistance information in this case, Zhao Wei's 4.15% equity interest in Hebao Cultural and Entertainment was frozen, involving 5 million yuan.

Zhao Wei and his wife have another accident! Sued by a well-known financial institution, the trial will be held soon, and Shi Yuzhu is also involved! What is the reason?

In addition, the equity of a number of companies under Zhao Wei's name has been frozen, and the Daily Economic News noted that among the 7 companies that currently exist in Zhao Wei, 5 of them have been frozen in April this year. From April 28 to 30, 2021, Zhao Wei, as the executor, froze the equity of five enterprises under her name, namely:

Beijing Princes Cultural Communication Co., Ltd., Zhao Wei invested 70% and served as a supervisor, and was frozen 2.1 million yuan of equity;

Beijing Yiju Creative Technology Co., Ltd., Zhao Wei's investment ratio is 10%, and the frozen equity is 126,000 yuan;

Longxuxin (Beijing) Trading Co., Ltd., Zhao Wei invested 100% and served as a supervisor, and was frozen 500,000 yuan of equity;

Hebao Entertainment Group Co., Ltd., Zhao Wei's investment ratio is 4.51%, and the frozen equity is 5 million yuan;

Wuhu East Runfa Investment Co., Ltd., Zhao Wei's investment ratio of 90%, was frozen 9 million yuan of equity. The total amount of frozen equity reached 16.726 million yuan, and the frozen period was 1095 days (3 years).

In addition to the above five companies, Tibet Longwei Culture Media Co., Ltd., in which Zhao Wei holds 95% of the shares, has also been frozen by 1.9 million yuan. However, when the reporter inquired about the relevant information of Tibet Longwei Culture Media Co., Ltd. in Qixinbao, it was impossible to check the status of the frozen equity.

Qixinbao shows that at present, Zhao Wei has a total of 13 enterprises, of which 2 are cancelled, 2 are revoked, 2 have been revoked, and a total of 7 are in existence or during the operation. Zhao Wei's investment involves a wide range of enterprise types, including commerce and trade, cultural media, investment, entertainment, automobile sales services, real estate development, and catering management.

Nowadays, Zhao Wei has 5 own risks, and related risks are as high as thousands, and the risks of Tibet Longwei Culture Media Co., Ltd. alone have reached 788, mainly in civil cases, securities misrepresentation liability disputes, etc.

In fact, since 2017, Zhao Wei has personally no longer established a new company.

Perhaps without time to take care of the capital market, Zhao Wei began her divestment journey. In April this year, Zhao Wei withdrew from Shanghai Yunfeng Xinchuang Equity Investment Center (Limited Partnership) and no longer served as a shareholder.

It was previously reported that Beijing Principe Culture Communication Co., Ltd., which is 70% controlled by Zhao Wei, withdrew from the ranks of shareholders of many companies, and the latest company to withdraw was Shanghai Tongtongxin Cultural Communication Co., Ltd., and the actual controller of the company was changed from Zhao Wei to Wei Qiying. It is reported that Wei Qiying is Zhao Wei's mother.

Speaking of Principe, this is Zhao Wei's performance agency, and Zhang Zhehan, who previously overturned the car, is the artist of this company. In the 2013 film "To Youth" directed by Zhao Wei, Princess was one of the investors. It is reported that Zhao Wei's work was suddenly removed from the shelves, and it was also implicated in the Zhang Zhehan incident. However, the specific reasons for Zhao Wei's banning of super words and the sudden removal of works are still unclear.

Zhao Wei and his wife have another accident! Sued by a well-known financial institution, the trial will be held soon, and Shi Yuzhu is also involved! What is the reason?

Zhao Wei, video screenshot

In addition, Zhao Wei's husband Huang Youlong was also recently revealed to have been chased for nearly HK$300 million in debt in Hong Kong. According to media reports in June, Wanhui Limited filed an indictment with the Hong Kong High Court, accusing Huang Youlong of defaulting on two loans and interest.

According to the report, Huang Youlong signed an agreement with the plaintiff in August 2016 to lend him HK$100 million and HK$50 million for a period of 1 year and 3 months. The plaintiffs claim that Huang Youlong only repaid part of the interest arising from the two loans in total, totaling HK$23 million. As at the date of filing the indictment, Wong Owed more than HK$275 million in profits.

From the "female version of Buffett" to

5 years of prohibition on entering the securities market

It is worth noting that in 2015, when Zhao Wei made a lot of money, the development of China's film and television industry entered an explosive period, and Tangde Film and Television took advantage of the opportunity to successfully IPO. As an important shareholder, Zhao Wei appeared at the scene of ringing the bell with great vigor. At this time, Zhao Wei has stood at the highest point of the reputation of the capital market, and public opinion has given her the title of "female version of Buffett".

In the Spring Festival of 2016, the film and television industry broke out, and more capital acted as barbarians at the door. Zhao Wei's wealth story has made a large wave of stars discover: the original capital market is so rich!

As a result, the stars who have accumulated a certain amount of wealth in the film and television industry have entered the capital market, and the method they have adopted is to buy the original shares of listed companies and wait for the high price to cash out after listing; the second is to set up their own "shell" companies, which are acquired by listed companies at a high premium.

The capital market's crazy hype of the film and television industry has aroused regulatory attention. In May 2016, regulators tightened the restructuring review of film and television M&A targets, and a total of 19 film and television companies failed to go public.

At this time, Zhao Wei ushered in her darkest moment in the capital market.

At the end of the same year, Zhao Wei's company, Longwei Media, spent 3 billion yuan to buy nearly 30% of the shares of Wanjia Culture, an A-share listed company. However, of the 3 billion yuan of acquisition funds, only 60 million yuan is Zhao Wei's own money, and the remaining money, half by borrowing, half by stock pledge, is equivalent to "empty glove white wolf".

After this incident was exposed, the transaction was terminated in March 2017, and the stock price of Wanjia Culture fell sharply, and retail investors suffered heavy losses. On November 9, 2017, the CSRC fined Zhao Wei and Huang Youlong 300,000 yuan and banned them from entering the securities market for five years.

After a hustle and bustle, Zhao Wei fell silent. In Zhao Wei's silent 2019, 1884 domestic film and television companies shut down, not only small and medium-sized companies, but also listed companies in the film and television industry.

According to "China Civil Business", Chen Shaofeng of the Peking University Cultural Research Institute said that most stars are not good at investment, "Zhao Wei has many business friends, and has the opportunity to have a deeper understanding of business and combined resources, not to mention that her investment is not so much an individual investment as a family investment." He believes that Zhao Wei's case is a special case and cannot be copied.

Zhao Wei's public remarks echoed Chen Shaofeng's views. In 2015, when Zhao Wei was interviewed by the Beijing News, the words probably meant, "I actually don't understand investment at all, it's my family doing these things." Of course, money is important, and when you don't have money, you have to think about making money and will do a lot of things against your heart. ”

Daily Economic News Comprehensive Securities Times, Per App, China Civil Business, etc

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