Sun Hongbin used 290 thousand yuan litigation fee to recover Jia Yue Tings 530 million yuan debt.

category:Internet click:477
 Sun Hongbin used 290 thousand yuan litigation fee to recover Jia Yue Tings 530 million yuan debt.


Newspaper reporter Wang Zheng Xie Ruolin

Sun Hongbin, the chairman of the board of directors of China, has finally recovered some of his hard-earned money due to his willingness to invest.

Earlier, Rongchuang Real Estate (Rongchuang China Indirect wholly-owned subsidiary company) applied to the court for compulsory enforcement of Rongchuang Holdings, with a target value of 790 million yuan, and the execution procedure has been terminated recently. According to the court ruling, the financial recovery has recovered about 530 million yuan, and about 260 million yuan has not been recovered.

Among them, the recovery of 530 million yuan in arrears is the courts judicial auction of the previously frozen Le TV Holdings Holdings held by the Le TV film industry (now renamed Le Chuang Entertainment). After the court deducted 290,000 yuan retained by the Peoples Court of Chaoyang District, Beijing, the remaining 530 million yuan has been returned to real estate.

In September 21st this year, Jia Yueting held a number of music and television assets were officially auctioned. The reason is that Rongchuang Real Estate Group applied to the Beijing Higher Peoples Court for compulsory enforcement on the basis of the previous ruling made by the China International Economic and Trade Arbitration Commission. After the third intermediate peoples court of Beijing filed a case on January 3 this year for execution, it issued a notice of execution to the executed person.

The compulsory execution ruling shows that in order to safeguard the legitimate rights and interests of the applicant, the Beijing Third Intermediate Peoples Court has frozen and allocated the bank deposits held by Lexin Holdings, the interest payable on loans, liquidated damages, the interest on debts during the delay of performance, as well as the application execution fees and the actual expenditure expenses incurred during implementation. If the above-mentioned measures are still insufficient to fulfill the obligations stipulated in the effective legal documents, then the income of the part of the company that should fulfill its obligations or other property that should fulfill its obligations should be seized, seized, frozen, auctioned or sold according to law.

In this regard, some industry insiders pointed out that although the value of Le TV film industry has declined, it is still a scarce high-quality asset in the whole Le TV system. In the past three years, Le Video Network has tried twice to restructure itself, trying to put Le Video Film into the listed company system, without success. At its peak, the music video industrys valuation reached 9 billion 800 million yuan.

As Jia Yueting left, the music video industry was once trapped in the darkest moment. At the beginning of this year, the music video industry officially changed its name to music and entertainment. In this series of changes, the status of financial innovation is very important. It is worth noting that after taking the above shares, Rongchuang has 42.81% of the shares in the industry, becoming the largest shareholder in the industry.

During this years Shanghai Film Festival, Zhang Zhao, CEO of Lechuang Entertainment, said in an interview with reporters from Securities Daily that in the next three years, the companys non-ticket revenue will exceed box office revenue.

The cultural travel programme is an important part of non ticket revenue. It is understood that there are 26 theme parks in China, including 2 million square meters. Among them, Lechuang Entertainment, Lechuang Entertainment and Rongchuang North China have landed in Zunhua, Hebei and Ganjingzi, Dalian. Zunhua in Hebei Province landed on the Yinuo Town project, while Ganjingzi in Dalian landed on the Industrial Youth Coastline project. The above insiders believe that Rongchuang plays an important role in the layout of Rongchuang Wen Tour Plate, perfecting the layout of industrial chain, and Lechuang Wen Jing plays an important role in the layout of Rongchuang Wen Tour Plate through the mode of cultural assets empowerment. At the same time, these cultural and tourism projects will continue to generate box office revenue, experience park ticket share and authorized income of Wenjing Town for Lechuang Culture and Recreation, while creating other Multi-derivative income. Source: Securities Daily (Beijing) editor: Qiao Jun Jing _NBJ11279

The above insiders believe that Rongchuang plays an important role in the layout of Rongchuang Wen Tour Plate, perfecting the layout of industrial chain, and Lechuang Wen Jing plays an important role in the layout of Rongchuang Wen Tour Plate through the mode of cultural assets empowerment. At the same time, these cultural and tourism projects will continue to generate box office revenue, experience park ticket share and authorized income of Wenjing Town for Lechuang Culture and Recreation, while creating other Multi-derivative income.