Huayi Brothers' Wang Zhongjun Faces Consumption Restrictions as Company Reports 8.2 Billion Yuan Loss Over 7 Years

Deep News12-13

Legal litigation information from Tianyancha reveals that Huayi Brothers Media Corporation and its legal representative Wang Zhongjun have recently been issued a consumption restriction order related to an advertising contract dispute. The applicant is Beijing Tairuifeike Technology Co., Ltd., and the enforcement court is the Beijing Chaoyang District People's Court. Case records indicate the company had previously been ordered to pay over 11.4 million yuan in enforcement.

According to the latest Q3 financial report, Huayi Brothers reported operating revenue of 62.5956 million yuan, a year-on-year decline of 31.61%. The net loss attributable to shareholders was 39.462 million yuan, with basic earnings per share at -0.01 yuan. From 2018 to 2024, the company accumulated losses exceeding 8.2 billion yuan over seven years.

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