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Heavy! Wang Sicong left as chairman of Banana Entertainment

author:National Business Daily

Per Editor: Li Zedong

On November 5, according to the Qixinbao app, Shanghai Banana Project Entertainment and Culture Co., Ltd. underwent a number of industrial and commercial changes, Wang Sicong withdrew from the chairmanship, and Ma Wenduo took over.

Shareholder information shows that at present, the company's largest shareholder is Shanghai Rubik's Cube Pan Culture Entertainment Group Co., Ltd., with its shareholding ratio rising from 10% to 62%; Wang Sicong holds 27% of the shares, making it the second largest shareholder.

Heavy! Wang Sicong left as chairman of Banana Entertainment
Heavy! Wang Sicong left as chairman of Banana Entertainment

As early as 2019, there were public information that Wang Sicong's total equity of 71.2 million yuan was frozen, and it was not until July 14, 2022 that it was "unfrozen".

According to the information of the third-party information platform Qixinbao, on July 15, 2019, wang Sicong's equity in Shanghai Banana Plan Cultural Development Co., Ltd. (hereinafter referred to as "Banana Culture") was frozen, and the amount of equity reached 68.5 million yuan. It will not be "thawed" until July 14, 2022.

Heavy! Wang Sicong left as chairman of Banana Entertainment

Image source: Kaixinbao

On the same day, Wang Sicong's equity interest in Shanghai Banana Project Entertainment culture Co., Ltd. (hereinafter referred to as "Banana Entertainment") was also frozen, with an equity amount of 2.7 million yuan, and the date of "unfreezing" was also July 14, 2022.

Heavy! Wang Sicong left as chairman of Banana Entertainment

According to the data, Banana Culture was established in June 2015 with a registered capital of 100 million yuan, the legal representative Gao Xiang, and the shareholders include Wang Sicong (holding 68.50% of the shares, the subscribed capital of 68.5 million yuan), Pei Le (holding 14.00%), Gao Xiang (holding 10.50%), and Wang Yue (holding 7.00%).

Heavy! Wang Sicong left as chairman of Banana Entertainment

Banana Entertainment was established in November 2017 with a registered capital of 10 million yuan. Among them, Wang Sicong directly holds 27.00% of the shares.

Heavy! Wang Sicong left as chairman of Banana Entertainment

Wang Sicong founded the Banana Project in June 2015, which includes Banana Games, Banana Pictures, Banana Sports and other companies.

Banana culture also earlier involved the field of artist management, which is regarded as the "blue ocean" of China's entertainment industry.

Heavy! Wang Sicong left as chairman of Banana Entertainment

Image source: Visual China (pictures and text are irrelevant)

In August 2015, Wang Sicong publicly confirmed the signing of the South Korean beauty girl group T-ARA, which was once seen as a ticket play. But in fact, after that, Wang Sicong is still optimistic about the artist agent, and its artists You Changjing and Lin Yanjun debuted in the well-known variety show "Idol Trainee" and are the members of the current popular boy band "nine percent (nine percent)". Fu Jing and Qiang Dongyue both participated in "Creation 101", and after several fierce selections, Fu Jing became a member of "Rocket Girl 101".

Daily economic news comprehensive Qixinbao app, public information reports

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