Zhongxin Finance, May 7 (Reporter Song Yusheng) After a few days ago, after forcing employees to work overtime on May 1, Li Ruijie, chairman of Zhongqingbao, applied to resign from the company's chairman and other positions.

"Post-90s" son takes over as chairman

  On the evening of May 6, Zhongqingbao issued an announcement to disclose that the company's board of directors recently received a written resignation report submitted by Li Ruijie, who applied to resign as the company's chairman, director, chairman of the fifth board of directors' strategy committee, and member of the audit committee due to work arrangements. . Membership of the Remuneration Committee.

  The board of directors of the company has decided to elect Mr. Li Yilun, director and general manager of the company, as the chairman of the board of directors of the company, and concurrently serve as the chairman of the strategy committee, audit committee and remuneration committee of the company's fifth board of directors. The term of the term of the board of directors expires.

Screenshot of Zhongqingbao announcement

  It is worth noting that in many media reports, it is his son who succeeded Li Ruijie this time.

Screenshot of Zhongqingbao website

  According to the website of Zhongqingbao, Li Yilun was born in Shenzhen, Guangdong in July 1994. His father is Li Ruijie and his mother is Zhang Yunxia.

In 2021, Li Yilun will lead the research and development of products such as "The Last Shot", "Dream of the Sky", "Keeping That Tower", "A Dream in Taoyuan", and "King 3D".

In January 2020, he presided over the launch of Zhongqingbao's cloud game strategy conference, launched the Zhongqingbao "Cloud Quick Tour" platform, and strived to build a new game company with leadership and leadership.

In 2021, Zhongqingbao's first metaverse game product, Brewmaster, will be launched.

  The reporter checked the enterprise credit inquiry system such as Qichacha on the 7th, and Li Ruijie is still the legal representative of Zhongqingbao.

Qichacha screenshot

Apologised for forcing employees to work overtime on May 1st

  The reason why the replacement of the chairman of Zhongqingbao has aroused public attention, in addition to his successor, is also related to the fact that the chairman forced employees to work overtime during the "May 1st" period.

  Many previous reports showed that Li Ruijie, chairman of Zhongqingbao, forced employees to work overtime during the May Day holiday.

  These remarks then made it to the hot search list.

On May 1, Zhongqingbao issued a statement of apology for the inappropriate remarks made by the company's senior executives.

The statement stated that in the face of adverse effects such as the epidemic, when the established performance targets were not achieved in the first quarter, the chairman of our company made inappropriate remarks in the company's internal group in a hurry, causing negative public opinion and causing damage to the company's image. adverse effects.

  The statement also stated that it will strictly implement the labor law and other legal rules on the May Day holiday and overtime system to protect the legitimate rights and interests of employees.

At the same time, the chairman himself has deeply realized the seriousness of the matter and made self-reflection.

Statement screenshot

  The reporter noticed that the 2021 annual report released by Zhongqingbao in April this year showed that the company's operating income last year was 360 million yuan, a year-on-year increase of 20.86%; the net profit loss attributable to shareholders of listed companies was 46.23 million, a year-on-year increase of 65.75%, of which the fourth quarter The loss was 59.79 million yuan; the deducted non-net profit attributable to shareholders of listed companies for the year was -38.2 million yuan, a year-on-year increase of 73.61%.

  In addition, Zhongqingbao's 2022 first quarter report shows that the company achieved operating income of 69.61 million yuan, a year-on-year decrease of 12.86%, and the net profit attributable to shareholders of listed companies was 4.34 million yuan, a year-on-year decrease of 42.06%.

Li Ruijie and Li Yilun both received warning letters

  It is worth mentioning that from the "May Day" holiday this year to the replacement of the chairman, it is not the first time that Zhongqingbao has attracted public attention.

  When the concept of Metaverse became popular in 2021, Zhongqingbao once attracted much attention for its announcement of the creation of the "Metaverse Game" "Shenchu ​​Burning Workshop - Brewmaster".

The introduction of the game on the Zhongqingbao website

  As a listed company whose main business includes game business, it is understandable that Zhongqingbao develops games.

Moreover, thanks to the east wind of the Metaverse, the share price of Zhongqingbao once soared more than 5 times.

  But the rally started to change from late last year.

According to reports in February this year, Zhongqingbao has fallen by 34% in 10 trading days this year.

  In addition, in January this year, the Shenzhen Supervision Bureau of the China Securities Regulatory Commission released information showing that Zhongqingbao had incomplete and inaccurate information disclosure.

  On January 10, 2022, Zhongqingbao announced that it planned to acquire Baode Asset Management Hong Kong Co., Ltd. (planned to be renamed: "Paul Lide Yuan Universe Digital Platform Co., Ltd.") from Li Ruijie, the actual controller of Zhongqingbao. Hereinafter referred to as Baode Hong Kong Company) 51% equity and signed the corresponding Equity Transfer Agreement.

The announcement also stated that Paul Lid Metaverse Digital Platform Co., Ltd. hopes to become the pioneer of the game UGC platform, connecting the world through games, and providing users, content creators and project parties with a space to imagine, create and practice.

  However, according to the information released by the Shenzhen Supervision Bureau of the China Securities Regulatory Commission, Baode Hong Kong has no main business income and profits, no relevant R&D investment and core technology, and no related products have been launched. "Universe Digital Platform Co., Ltd. hopes to become the pioneer of the game UGC platform" is the initial concept, and there is no specific implementation plan.

Screenshot of Shenzhen Securities Regulatory Bureau website

  It is worth noting that Li Ruijie and Li Yilun were both involved in the violation of this letter.

The "Shenzhen Securities Regulatory Bureau's Decision on Taking Measures to Issue Warning Letters to Li Ruijie, Li Yilun and Gao Guozhou" shows that Li Ruijie, as the company's chairman, Li Yilun as the company's general manager, and Gao Guozhou as the company's board secretary, bear the main responsibility for the above problems.

(Finish)