China-Singapore Jingwei Client, April 17th, China Executive Information Public Network revealed that on April 16th, Shanghai Panda Mutual Entertainment's operating entity, Shanghai Panda Mutual Entertainment Culture Co., Ltd., added one dishonest person's information and the dishonesty was executed The specific situation of human behavior is the ability to perform but refuse to perform the obligations determined by the effective legal documents. The subject of execution is 10161908.1 yuan, and the execution court is the Shanghai Jing'an District People's Court.

  Image source: China Executive Information Disclosure Network

  Information provided by Tianyanzha shows that Shanghai Panda Huyu Culture Co., Ltd. is located in Room 1121, Building A, No. 8885 Hutai Road, Baoshan District, Shanghai. It was established on July 23, 2015, with Wang Sicong as its chairman. The information of Tianyancha's shareholders shows that Wang Yucong (Huzhou) Cultural Development Center, wholly-owned by Wang Sicong, is a major shareholder of the company and holds 40.07% of the shares.

  Since November 2019, the collapse of Panda Mutual Entertainment, which Wang Sicong had invested in, has caused many disputes. Wang Sicong received four restrictions on consumption within three days, and the real estate, vehicles, bank deposits and other properties under his name have been frozen. Since then, Pusi Investment responded that the investment losses of Panda Mutual Entertainment's nearly 2 billion yuan were all borne by Pusi Investment and actual controller Wang Sicong.

  Recently, the frozen shares in Wang Sicong's name have gradually "thawed". On March 12 this year, Wang Sicong's shareholding company Shanghai Zhuoting Wine Co., Ltd.'s 8 million yuan frozen equity amount was unfrozen; another shareholding company Shanghai Ai Luoxing Food Co., Ltd.'s 5.5 million yuan equity was unfrozen on the same day; April 7 The equity freeze of Beijing Pusi Investment Co., Ltd., which is 100% owned by Wang Sicong, was also lifted. (Sino-Singapore Jingwei app)