Hengdian Film and Television Hengdian Film and Television invested 600 million yuan, which belongs to Hengdian Group together with Hengdian Film and Television City. Engaged in film and television production and distribution and venue leasing, and participated in the listing on 20 17. In the same year, the company signed an agreement with Zhangye Hong Xing Real Estate Company to build a film and television city. This is where the dispute over the lease contract occurs.
Court negligence Hengdian Film and Television, as a relatively large film and television group, backed by the well-funded Hengdian Group, became the executor because of the target of 300,000 yuan, which is obviously extremely unreasonable. After all, shareholders' equity reached 654.38+09 billion. Although 300 million yuan was lost because of the epidemic, there was no debt dispute caused by 300 thousand yuan. So the local court is responsible. After Hengdian film and television personnel took the initiative to contact and clarify, the court can apologize in time and eliminate the information of the executed person on the relevant website, which is also a timely remedy.
After the economic loss was included in the executor by the court, the company's share price plummeted by 5% in just two days, and rose slightly after the apology statement. Although this is an accident for Hengdian Film and Television, Hengdian Film and Television should also reflect on why a seemingly suspicious news has such a great impact. In addition to the authority of the court, this is also inseparable from its own business problems. It is true that the epidemic situation is a force majeure factor, and the resulting poor management is understandable, but how to reverse the situation as soon as possible and stabilize the stock price is also an important answer for Hengdian Film and Television to investors.
Summarizing the accident is a reminder to the local court. When trying a case, we must exercise our power seriously, release relevant information cautiously, and conduct due diligence investigation and verification when reporting in the media to avoid damage to enterprises, individuals and reputations.