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Back then, these major “white-horse” companies fell one after another.
Huayi Brothers has applied for bankruptcy.
The Qichacha app shows that, recently, Huayi Brothers (300027) has added information about a bankruptcy review case. The applicant is Beijing Tairui Feike Technology Co., Ltd., and the court handling the case is the Intermediate People’s Court of Jinhua City, Zhejiang Province.
Qichacha shows that Huayi Brothers Media Co., Ltd. was established in November 2004, with registered capital of about 27.7 billion yuan, jointly held by Wang Zhongjun, Wang Zhonglei, and others. Risk information shows that Huayi Brothers has been listed as a person subject to enforcement and has been restricted from high consumption. Previously, Huayi Brothers released a 2025 performance forecast. The company is expected to report a net loss attributable to shareholders of between 2.89 billion yuan and 4.07 billion yuan, compared with a loss of 2.85 billion yuan in the same period last year. It is also expected to record a net loss excluding non-recurring gains and losses of between 3.14 billion yuan and 4.17 billion yuan $ETH
{spot}(ETHUSDT)