Involved in Zheng Shuang’s “expensive remuneration” ST Beiwen was asked: Is the remuneration cost of "A Chinese Ghost Story" reasonable?
On May 27, the Shenzhen Stock Exchange issued an inquiry letter for the 2020 annual report to *ST Beiwen (Beijing Culture, 000802.SZ).
The company is required to self-check whether it has signed a capital increase agreement with the related parties of the cast and crew, and explain the progress of the above capital increase; explain whether the remuneration cost of "A Chinese Ghost Story" is reasonable, and whether there is a situation of "named capital increase but actually cost"; Check the composition of the company's long-term equity investment, including accounting methods, initial investment costs, investment objects, shareholding ratio, investment income and impairment provision; explain the release plan and project progress of the film and television drama "A Chinese Ghost Story" so far; Self-examination and explain whether the company has similarly paid the actors and staff through various methods in the past investment in filming other film and television dramas.
The Chengdu Commercial Daily-Red Star News reporter learned that "A Chinese Ghost Story" is a film and television drama invested and filmed by Beijing Culture in 2019. One of the leading actors is Zheng Shuang, a female artist who was caught in the "yin and yang contract storm" some time ago.
On April 26, Zheng Shuang’s ex-boyfriend Zhang Heng sent fierce news that Zheng Shuang received 160 million yuan in income from the "A Chinese Ghost Story" project through the Yin-Yang contract. Based on 77 working days, the daily salary exceeded 2.08 million yuan.
It is worth noting that the pay figure far exceeds the industry's 50 million yuan salary limit threshold, and there are various tax evasion.
Zhang Heng said that the specific operations of the two parties are: Beijing Culture and Zheng Shuang himself signed an employment contract of 48 million yuan, and signed a "yin contract" with a capital increase of 112 million yuan with related parties of the cast and crew.
On April 30, Beijing Culture announced that the company was subject to "other risk warnings". Trading was suspended for one day on April 30. Trading will resume on May 6, and the stock abbreviation will be changed to "ST Beiwen".
In addition, the Shenzhen Stock Exchange’s annual report inquiry letter also mentioned that the annual report shows that ST Beiwen has continued to suffer substantial losses since 2019, of which revenue in 2019 was 855 million yuan and net profit was 2.319 billion yuan; total operating income in 2020 was 4.26 100 million yuan, with a net profit of -770 million yuan.
ST Beiwen is required to combine the development of its main business to explain the main reasons for the continuous large losses, and whether to centrally confirm the cost or asset impairment to achieve a "big bath".
Chengdu Commercial Daily-Red Star News reporter Yu Yao
Intern reporter Xie Yutong