Huayi Brothers Media Corporation has once again been listed by a court as a dishonest debtor subject to enforcement. The applicant for enforcement is Jing Kaili Consulting Advisors (Beijing) Co., Ltd., with a case amount of 608,400 yuan, and the status of fulfillment is entirely unfulfilled. Consequently, the company's legal representative, Wang Zhongjun, has been issued a consumption restriction order by the court.
According to information from the China Enforcement Information Disclosure website, Huayi Brothers Media Corporation (ticker: ST Huayi (300027.SZ)) was recently listed by a court as a dishonest debtor subject to enforcement. The applicant for enforcement is Jing Kaili Consulting Advisors (Beijing) Co., Ltd., with a case amount of 608,400 yuan, and the status of fulfillment is entirely unfulfilled. As a result, the company's legal representative, Wang Zhongjun, has been issued a consumption restriction order by the court.
This is not the first instance of Huayi Brothers being designated a dishonest debtor subject to enforcement. On December 10, 2025, Huayi Brothers and its legal representative Wang Zhongjun were issued a consumption restriction order by the court due to a related advertising contract dispute case. The applicant for enforcement in that instance was Beijing Tairuifeike Technology Co., Ltd. On the same day, Huayi Brothers issued an announcement stating that the company had temporarily encountered a situation where some individual debts were not repaid as scheduled; approximately 154 million shares of the company held by the actual controller Wang Zhongjun were scheduled for a second judicial auction.
In April 2026, Huayi Brothers issued an announcement disclosing that the company had received a "Notification Letter" from creditor Beijing Tairuifeike Technology Co., Ltd. The creditor, citing that the company was unable to repay its due debts and was clearly lacking in solvency but still possessed reorganization value, applied to the court to rule for the company's reorganization according to law and applied for a pre-reorganization of the company.
Huayi Brothers was established in November 2004, with legal representative Wang Zhongjun and a registered capital of approximately 2.775 billion yuan. Its business scope includes the production, reproduction, and distribution of feature programs, special columns, variety shows, animations, radio dramas, television dramas, etc. The company is jointly held by Wang Zhongjun, Wang Zhonglei, and others. Risk information shows that the company currently has multiple records as a debtor subject to enforcement and faces consumption restrictions.
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