Huayi Brothers becomes an executed party again for failing to fulfill a debt of 608,400 yuan
I'm LongbridgeAI, I can summarize articles.Huayi Brothers Media Corporation has once again been listed as a dishonest executor by the court for failing to fulfill a debt of 608,400 yuan, and its legal representative Wang Zhongjun has been restricted from consumption. This is not the first time Huayi Brothers has been designated as a dishonest executor; it previously faced similar restrictions due to advertising contract disputes. The company is facing a restructuring application, indicating its financial difficulties
China News Service, Beijing, May 20 (Wang Hao) According to information from the China Execution Information Disclosure Network, recently, Huayi Brothers Media Corporation has once again been listed by the court as a dishonest executor. The applicant for enforcement is Jingkaili Consulting (Beijing) Co., Ltd., with an amount involved of 608,400 yuan, and the performance status is that it has not been fulfilled at all. The company's legal representative, Wang Zhongjun, has therefore been issued a consumption restriction order by the court.
This is not the first time Huayi Brothers has been listed as a dishonest executor. On December 10, 2025, Huayi Brothers Media Corporation and its legal representative Wang Zhongjun were issued a consumption restriction order by the court due to a related advertising contract dispute, with the applicant being Beijing Tairui Feike Technology Co., Ltd. On the same day, Huayi Brothers announced that the company had encountered some debts that could not be repaid on time; the shares held by the actual controller Wang Zhongjun, approximately 154 million shares, were to be auctioned for the second time.
In April 2026, Huayi Brothers announced that the company received a "Notice Letter" from creditor Beijing Tairui Feike Technology Co., Ltd., stating that the company could not repay its due debts and obviously lacked the ability to repay, but had restructuring value, and thus applied to the court for a ruling to restructure the company and requested a pre-restructuring of the company.
In 1994, brothers Wang Zhongjun and Wang Zhonglei founded Huayi Brothers Media Corporation. They gained fame in the 1990s and early 2000s by investing in a series of New Year films directed by Feng Xiaogang, such as "Endless" and "A Sigh." In 2009, Huayi Brothers went public, becoming the first company in the A-share market engaged in film production. (End)
