Huayi Brothers Media Faces Travel Restrictions Over 1.89 Million Yuan Case

Deep News03-19

Huayi Brothers Media Corporation, established in November 2004, has a registered capital of approximately 2.77 billion yuan. Its business scope includes corporate image planning, film and television cultural information consulting services, and the production, agency, and distribution of film and television advertisements.

Recent corporate records reveal that Huayi Brothers (300027.SZ) and its legal representative, Wang Zhongjun, have been issued a new consumption restriction order by the Chaoyang District People's Court in Beijing. Case details indicate that in January of this year, the company was ordered to execute a payment of over 1.89 million yuan related to the same case.

Shareholding information shows that the company is jointly held by Wang Zhongjun, Wang Zhonglei, and others. Historical records of consumption restrictions indicate that the company has been subject to such orders twice before.

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