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Equity from 1 yuan auction, debt 4 million Xici Hutong can find a "takeover man"?

Recently, Jiangsu Property Rights Market Network released a share transfer transaction announcement, Nanjing Xici Information Technology Co., Ltd. transferred 5 million shares at a listing price of 0.0001 million yuan (1 yuan); this transfer is a bidding transfer, and the transfer date is until April 18, 2022.

The total liabilities exceeded 4 million

Judging from the latest issue of corporate financial statement data of Xici Hutong in the announcement, this November 2011 statement shows that the total assets of the enterprise are 1.868 million yuan, the total liabilities are 4.3329 million yuan, the operating income is 312,400 yuan, and the net profit is -1.7625 million yuan, which is insolvent.

Article 4 of the property rights transfer contract in the announcement stipulates that after Party B accepts the subject matter of the property rights transaction, the original creditor's rights and debts of the target enterprise shall continue to be enjoyed and borne by the target enterprise after the property rights transaction.

Why is the starting price of 5 million shares only 1 yuan? When the staff of the Jiangsu Provincial Property Rights Exchange replied to the media, it said that because of its own debt, the operating situation is not very good, and the corresponding assessment value is 0, but the company has a certain brand value, and the specific situation needs to be judged by itself.

According to the Tianyancha App, in January and February this year, Nanjing Xici Information Technology Co., Ltd. had a total of four pieces of executed information, with a total amount of 172,400 yuan executed.

Equity from 1 yuan auction, debt 4 million Xici Hutong can find a "takeover man"?

Equity changed hands several times

Xiangma, the founder of Xici Hutong, forwarded the above listing announcement on his personal social media with the text "R.I.P". In fact, as a website founded by an ordinary programmer, the equity of Xici Hutong has changed hands several times.

In 1998, Xiangma, who wrote programs at home, was bored to write a program due to cervical spondylosis, and randomly took the name of "Xici Hutong" to publish, and since then it has developed all the way to become the most popular website at that time, especially among overseas Chinese, which is quite influential, and even reached more than 100 in the global ranking of Xici in early 2000.

At its peak in 2000, Ringing Horse sold the West Ancestral Hall to eLong (later renamed eLong). On the West Ancestral Hall, which precipitates humanistic feelings, there are many netizens who do not understand Xiangma's behavior, and even accuse Xiangma of using netizens to make money.

In 2015, eLong announced that, through its wholly owned subsidiary, eLong Information Technology Co., Ltd. and its affiliates, it has partnered with ADDOR Capital Management Co. Ltd and its subsidiary, Jiangsu Zijin Huiwen Media Investment Co., Ltd. ("Zijin Huiwen"), entered into a transfer agreement to transfer 90% of the shares and all assets of Nanjing Xici held by eLong for RMB76.5 million (US$12.2 million).

The last update of Xici Hutong was last July, which can be seen in the update log, and the posts published can be edited and deleted twice; the moderator management permissions are strengthened: manage the content and comments posted by the moderators; optimize the reading experience; and increase the system message.

Since then, there has been no update to the maintenance log on the Xici Hutong website. Scan the download QR code on the website page, it will show that the application is not on the shelves or temporarily offline due to policy adjustments and other reasons, and download is not supported.

Equity from 1 yuan auction, debt 4 million Xici Hutong can find a "takeover man"?

Memories of a generation's youth

The Xici Temple is a network of more than 200,000 plates, which is the epitome of the greater society, and contains various views with different styles and even opposing positions, so you can see various topics in it. Xici's competitors Tianya and Cat Flutter have produced the original generation of Internet celebrities "Furong Sister" and "Tianxian Sister", and Xici Hutong has a lot of social topics to discuss. Southern Weekend's famous report, "The Death of the Internee Sun Zhigang", was first received from Xici Hutong.

As soon as the news that the equity of Xici Hutong was listed and sold, many people began to miss their youth carried by Xici. Mr. Yang, who has worked in the media industry for more than 20 years, said that when he was in the West Temple, he was just like brushing Weibo now, and the hot posts of the West Temple were well known to colleagues, and the popularity rate of the masses was comparable to today's Weibo hot search.

E cuisine, loser MM, post-marriage space, fat kitchen... The names of these "tears of the times" plate have been mentioned by netizens again.

In fact, Xici Hutong also has the shadow of early e-commerce websites. In 2005, the 9th issue of the "E-commerce World" article entitled "The Little Boss in xici hutong" introduced that a skin care online store opened in May 2004 in Xici hutong, the monthly turnover has reached 20,000 to 30,000 yuan, that year, the 24-year-old owner said that in the peak season, monthly sales can exceed 50,000 yuan, and because xici is popular, orders are not worried. At that time, Taobao was just getting started, and the total sales of Taobao in 2003 were 34 million yuan.

Equity from 1 yuan auction, debt 4 million Xici Hutong can find a "takeover man"?

According to media reports, the project manager of the transfer of Xici Hutong introduced that for shareholders, how much money Xici Hutong sells is of little significance, and only emphasizes compliance. At present, there are three or four teams interested in taking over, including the original operation team and some moderators.

Synthesized from Xinhua Daily, Sina Technology, Boss Simulcast, Civil Aviation News of China, Modern Express, Tianyancha App

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