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Zhao Wei's 15.9 million yuan equity has been frozen.

Zhao Wei's 15.9 million yuan equity frozen
According to Tianyancha news, recently, the equity of three companies held by Zhao Wei has been frozen, totaling 15.9 million yuan. The related situation topped Weibo's trending searches on August 5.

Tianyancha information shows that the execution ruling published from July 29 to July 31 indicates that the equity of Tibet Longwei Cultural Media Co., Ltd., Hebao Entertainment Group Co., Ltd., and Wuhu Dongrunfa Investment Co., Ltd. held by Zhao Wei has been frozen, with the frozen equity amounts being 1.9 million yuan, 5 million yuan, and 9 million yuan respectively. The freezing period is 3 years, and the executing court is the People's Court of Dongcheng District, Beijing.

Among them, Zhao Wei holds 95% of the shares in Tibet Longwei Cultural Media Co., Ltd., 90% in Wuhu Dongrunfa Investment Co., Ltd., and approximately 4.5% in Hebao Entertainment Group Co., Ltd.

This is not the first time Zhao Wei has encountered equity freezing. Tianyancha risk information shows that in April 2021, she had her equity ranging from 126,000 to 9 million frozen due to a guarantee contract dispute with China Minsheng Trust Co., Ltd., affecting multiple companies' equities. The recent freezing of equity may indicate that related legal disputes are still ongoing.

In recent years, Zhao Wei's business landscape has been continuously shrinking. Tianyancha information shows that in earlier years, Zhao Wei was a shareholder in 17 companies, including Hebao Entertainment Group Co., Ltd., Wuhu Dongrunfa Investment Co., Ltd., and Beijing Princess Cultural Communication Co., Ltd., spanning industries such as film and television, entertainment, investment, technology, and real estate.

Currently, Zhao Wei has withdrawn from four companies, including Shanghai Yunfeng New Venture Capital Investment Center (Limited Partnership). Among the remaining companies where she is a shareholder, some have also been canceled or revoked.

Among the three companies where Zhao Wei serves as the legal representative, only Zhao Zhao (Shanghai) Film and Cultural Studio is still in existence, while the other two have also been canceled or revoked.

As early as 2018, Zhao Wei received a fine from the China Securities Regulatory Commission. On April 11 of that year, the CSRC issued an "Administrative Penalty Decision" and a "Market Ban Decision," ordering Wanjia Culture and Longwei Media to make corrections, issuing warnings, and imposing fines of 600,000 yuan each; warnings were also given to Kong Deyong, Huang Youlong, Zhao Wei, and Zhao Zheng, with fines of 300,000 yuan each, and 5-year market bans were imposed on Huang Youlong, Zhao Wei, and Kong Deyong.

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