On the evening of November 13, Hengxin Shambala Culture Co., Ltd. announced that former employees had used the company's name and a voided official seal to file complaints and reports with government authorities and company clients.
The company stated that such actions are unrelated to it and are not recognized. Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) noted in its announcement that a company seal numbered 1301000919690 was legally declared void on July 31, 2026, and has held no legal effect since that date.
Recently, the company discovered that former employees surnamed Tong and Wu, among others, used the company's name and the aforementioned voided seal to file complaints and reports with relevant government departments and company clients. These actions have materially disrupted the company's daily operations and damaged its business reputation.
Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) stated that it has never authorized any party to use the voided seal for such complaints, reports, or any other activities. Since July 31, 2026, all documents, materials, and so-called "declarations of intent" produced using that seal are not attributable to the company, and the company does not recognize them nor bear any legal liability arising therefrom.
Meanwhile, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) is compiling relevant evidence and plans to file a report with a competent public security authority regarding the misuse of the voided seal and the use of the company's name to disrupt business order, requesting that the perpetrators be held legally responsible. For losses caused to the company by such misuse, it will seek compensation from the perpetrators in accordance with the law and reserves the right to take all necessary legal measures against the responsible parties.
Public information shows that Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) was formerly known as Hengxin Shambala Culture Co., Ltd., founded in 2001 and listed on the ChiNext board of the Shenzhen Stock Exchange in May 2010. Its main businesses include three segments: digital creative product applications and services, internet video application products and services, and computing power system integration and technical services.
In the first three quarters of this year, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) reported operating revenue of 202 million yuan, down 22.19% year-on-year; net profit attributable to shareholders of the listed company was -152 million yuan, roughly flat year-on-year; and non-recurring net profit was -148 million yuan. On a quarterly basis, third-quarter operating revenue was 50.4372 million yuan, down 32.39% year-on-year, with net profit attributable to shareholders of -50.1078 million yuan.
On August 12, 2025, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) was placed under investigation by the China Securities Regulatory Commission on suspicion of information disclosure violations. On April 30, 2026, the Beijing branch of the CSRC announced penalties: a warning and a 5 million yuan fine for the company, and a warning and a 2.5 million yuan fine for then-chairman and general manager Meng Nan. Meanwhile, the company's stock has been subject to other risk warnings since April 8, with its abbreviation changed from "Hengxin Dongfang" to "ST Hengxin," though it does not trigger the major violation mandatory delisting scenario.
On July 27 of this year, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) and its actual controller Meng Xianmin were placed under investigation on suspicion of information disclosure violations. On October 19, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) announced that former chairman Meng Nan had been subject to criminal coercive measures. Meng Nan was previously removed from the position of non-independent director by the shareholders' meeting on June 30 and no longer holds any position at the company, but due to the revocation of the industrial and commercial registration change, he remains the legal representative on the company's business license.
It is worth noting that Meng Xianmin and Meng Nan are father and son. In the secondary market, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) shares have fallen 34.30% cumulatively this year. As of the close on November 13, Hengxin Shambala Culture Co.,Ltd. (SZSE: 300081) shares stood at 3.41 yuan per share, with a latest market value of 2.062 billion yuan.
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