The "May Day" holiday was originally a day for office workers to rest or travel at home, but the chairman of a listed company forced employees to work overtime during the "May Day" holiday, and said that "those who are not satisfied, immediately fire." ”
According to media reports, the above-mentioned mandatory overtime requirements for employees are Li Ruijie, chairman of Zhongqingbao, an A-share listed company.
On May 1, The official WeChat public account of Zhongqingbao released the "Apology Statement| apologies for the recent inappropriate remarks made by the company's executives in the internal group.
Zhongqingbao said that at present, our company is making every effort to overcome the impact of the epidemic, accelerate the progress of research and development, pay close attention to business performance, and strive to achieve the established business objectives. In this process, we will also strictly implement the provisions of the Labor Law and other legal rules on the May Day holiday leave and overtime system to protect the legitimate rights and interests of employees.
Zhongqingbao said that for the improper actions made in this hurry, the chairman himself has deeply realized the seriousness of the matter and made self-reflection, and the follow-up company will be more people-oriented, work together, and return all shareholders with better performance.
"If you don't believe it, fry it immediately"
According to the Securities Times, recently, the screenshot of the chat record of Li Ruijie, chairman of Zhongqingbao, who forced employees to work overtime during the May Day holiday, was exposed.
The chat records show that due to business needs, Li Ruijie asked the R& D team to work overtime during the "May Day" holiday, and said that "during overtime, he managed to eat and send red envelopes". Another chat record shows that Li Ruijie asked for "all overtime work on May Day" and "those who are not satisfied, immediately fired".
Ruijie Li, video screenshot
According to CYB's 2021 annual report, Li Ruijie, male, born in June 1967, Chinese nationality, graduated from Nankai University with a double bachelor's degree in economics and electronics; obtained a master's degree from Cheung Kong Graduate School of Business in 2013; is currently the chairman of Shenzhen Baode Investment Holdings Co., Ltd., the chairman of Baode Computer System Co., Ltd., the chairman of Shenzhen Zhongqingbao Interactive Network Co., Ltd.; a member of the Shenzhen Municipal Committee of the Chinese People's Political Consultative Conference, the vice chairman of the Shenzhen General Chamber of Commerce (Federation of Industry and Commerce), and the standing committee member of the Shenzhen Municipal Committee of the China Zhi Gong Dang. He is a standing committee member of the Guangdong Provincial Committee of the China Zhi Gong Party, a member of the 15th Central Special Committee of the China Zhi Gong Party, a technical expert of the China Cloud Computing Research Center of the Ministry of Industry and Information Technology, a vice chairman of the Cloud Computing Committee of the China Computer Association, and the president of the Shenzhen Big Data Industry Promotion Association.
Li Ruijie and Zhang Yunxia are the actual controllers of Zhongqingbao and hold 7.64% and 1.38% of the company's shares respectively. In addition, Li Ruijie and Zhang Yunxia's son Li Yilun is now the general manager of Zhongqingbao.
It has soared due to entering the meta-universe
According to the official website of Zhongqingbao Company, Zhongqingbao was founded in 2003, is one of the earliest game companies engaged in the development, operation and distribution of online games in China, and is also the first A-share listed game company in China, creating a precedent for the listing of domestic online game companies. According to the 2021 annual report of Zhongqingbao, the company has a total of 498 employees.
It is worth mentioning that the stock price of Zhongqingbao fell below 8 yuan in August 2021. Subsequently, the concept of meta-universe broke out, and the stock price of Zhongqingbao also climbed all the way.
After the close of trading on September 6, 2021, the official WeChat public account of Zhongqingbao published a "blockbuster" article: "Zhongqingbao | Yuan universe track rise online game veterans forge ahead", the article said that Zhongqingbao will make a meta-universe game "Brewing Master".
Zhongqingbao said that relying on Guizhou Jinsha Ancient Wine Co., Ltd., which is controlled by Chairman Li Ruijie, the "Master of Brewing" game will achieve the combination of virtual and reality to achieve online winemaking and offline wine delivery. Since the official Xuanyuan universe concept "Brewing Master" game, Zhongqingbao's stock price has risen sharply, rising to 42.63 yuan / share in the intraday on November 11, with a total market value of more than 10 billion yuan.
However, as of now, Zhongqingbao's stock price has fallen by 50% from its highest point, at 17.47 yuan per share, and the current total market value is 4.577 billion yuan.
After being associated with the concept of "meta-universe", Zhongqingbao frequently attracted regulatory attention.
For example, on 10 January 2022, CYB proposed that a wholly-owned subsidiary, CYSB Hong Kong Limited, acquire a 51% stake in Bode Asset Management Hong Kong Limited under the name of Li Ruijie, the company's actual controller and chairman of the company, for a transaction consideration of HK$0. After the acquisition, the name of Baode Asset Management is proposed to be changed to "Paullid Meta-Universe Digital Platform Co., Ltd."
A day later, the Shenzhen Stock Exchange sent a letter saying that it was highly concerned about the acquisition of Baode Asset Management Hong Kong Limited by Zhongqingbao 0 Hong Kong dollars, and asked the company to disclose in detail the reasonableness of the transfer consideration of 0 yuan before January 13. This is the fourth time that the company has received a letter of concern from the Shenzhen Stock Exchange in less than half a year since it was linked to the "meta-universe concept".
So, what is the performance of the Zhongqingbao that hitchs a ride on the Meta universe? On April 28, Zhongqingbao disclosed its 2021 annual report that the company's main revenue was 355 million yuan, up 20.86% year-on-year; the net profit attributable to the mother was -46.2261 million yuan, and the non-net profit was -38.1985 million yuan. Although the loss has decreased, this is already the second consecutive year of net profit loss of Zhongqingbao.
In the first quarter of this year, the financial situation of Zhongqingbao is not satisfactory. According to the first quarterly report, Zhongqingbao achieved operating income of 69.61 million yuan in the first quarter, down 12.86% year-on-year, net profit attributable to shareholders of listed companies of 4.34 million yuan, down 42.06% year-on-year, and net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 490,000 yuan, down 91.59% year-on-year.
Cover image source: Photo Network ID_501594642
Editor| He Xiaotao, Du Bo, Wang Jiaqi
Proofreading | Wang Yuelong
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