The bully culture suspected of illegal fund-raising was put on file for investigation.
On February 27th, Guan Wei, Public Security Bureau of Zhongshan City, Guangdong Province, issued the Announcement on the Case of Xiaobawang Culture Development Co., Ltd. Suspected of illegally absorbing public deposits, saying that recently, Zhongshan Public Security Bureau received reports from the masses that Xiaobawang Culture Development Co., Ltd. (hereinafter referred to as "Xiaobawang Culture") was suspected of illegally raising funds. The Zhongshan Public Security Bureau is currently conducting a comprehensive investigation into the case.
According to the provisions of the Notice on Banning Illegal Financial Institutions and Illegal Financial Business Activities, illegal fund-raising refers to the behavior that a unit or individual raises funds from the public by issuing stocks, bonds, lottery tickets, investment fund securities or other creditor's rights certificates without the approval of legal procedures, and promises to repay the principal and interest to investors in cash, in kind or in other ways within a certain period of time.
At present, the police have not announced the specific cause of action.
Once drew 50 billion listed "pie" to raise funds.
Now being sued for recovery of subscription money.
On August 20 16, the official account of Xiao Bawang's cultural WeChat published an article entitled "Xiao Bawang Group started listing, and 30 million original shares were returned to new and old partners".
It is mentioned that in August of that year, Zhongshan Xiaobawang Culture Industry Technology Group (later renamed Xiaobawang Culture) launched the listing plan and held a listing kick-off meeting, intending to re-integrate all the brands and related assets of Xiaobawang, and shouted the slogan of "building a new overlord in the game industry with a future market value of over 50 billion".
At the meeting that day, the original shares were issued in the first round before the listing of Xiaobawang. There are two forms: one is equity subscription, which is mainly for suppliers and partners who are rushing to buy the original shares. According to reports, the on-site subscription was 654.38+10,000 yuan. It is conservatively estimated that the market value will reach 600,000-800,000 after listing for three years, with an increase of 6-8 times. The second is the on-site order equity gift, which is mainly aimed at the old agents and the newly signed partners of the bully. According to the on-site signing amount, the Group will return the original equity according to 10% of the order amount. "That is, if you place an order of 1 10,000, you will return the original shares of 1 10,000. After listing for three years, it is conservatively estimated that the appreciation will be 6-8 times and 600,000-800,000. Basically, it is how much goods you ordered and how much money we sent. " Qi Haisheng, then vice president of Xiaobawang Group, introduced this.
According to the interface news report, there were publicity materials at that time. "Commitment to 20 19 listing, net profit of 400 million, 5 to 8 times the income, you can choose to quit at any time. If it is not listed and repurchased at an annual rate of 4%, there will be no investment risk. "
At that time, the bully culture launched a 30 million yuan equity subscription, which attracted many investors. However, since then, after the brief appearance of the bully game console at the press conference, the product release date has been delayed again and again, and it has not caused a sensation in the market. The listing of bully culture is also far away. In 20 19, the company's operation was also in serious trouble, and the listing subject of bully was empty and the listing plan was stagnant.
China Judgment Document Network shows that since 20 19, there have been intensive judgments on the investment disputes between bully culture and investors. According to incomplete statistics, nearly 50 natural persons have sued Xiaobawang Culture, demanding a refund of the equity subscription, and each lawsuit involves an amount of 6,543.8+10,000 ~ 6,543.8+10,000 yuan.
Bankruptcy and reorganization
Divided by the "Little Overlord" brand
On June 5, 2020, 165438+ The Intermediate People's Court of Zhongshan City, Guangdong Province announced that it had received the application for bankruptcy liquidation of Xiaobawang culture, and then the news of Xiaobawang's bankruptcy spread all over the sky.
However, the "Little Overlord" brand has distanced itself from this. At the same time, official website declared that "Xiaobawang Culture Development Co., Ltd., which was publicly reported by the media and filed for bankruptcy on June 6, 2020, is a third-party vR product development and production enterprise that has cooperated with Xiaobawang. Since the project products were not listed as expected by the brand, the two parties actually stopped cooperation at the beginning of 20 19. " Xiaobawang Culture Development Co., Ltd. has nothing to do with the brand or product of Xiaobawang! "
According to public information, the bully culture was founded on 20 15. It is a developer of early childhood education machines. Its main products include red and white game machines, early education machines, children's tablets and VR educational videos. On 20 16, Yihua Department Store (Yihua Holdings' main department store business) invested in Xiaobawang Culture, and then Xiaobawang Culture cooperated with Xiaobawang to develop VR products. Since 20 19, Yihua Holdings has been applied for liquidation by creditors, and it is still suspended. According to the Beijing News, according to the data provided by Yihua department stores, the amount of payment arrears of Yihua department stores in Zhongshan and Jiangmen alone has reached several hundred million yuan.
Last year165438+1October 17, Yihua Holdings announced that Xiaobawang Culture is still an affiliated company of Yihua Holdings.