The largest toy company in the world

Two factories of Hejun Group in Zhangmutou, Guangdong Province, Hejun Toy Factory and Ling Jun Toy Factory, one of the largest toy manufacturers in the world, announced the closure at the same time.

Hejun is a Hong Kong-funded listed company, which plays an important role in the toy industry. Hejun is a manufacturer of three of the top five toy brands in the world. On June 5438+05, the day the two factories closed down, Hejun shares were also suspended. Before the suspension, each share was only worth HK$ 0.08. On the same day that the two factories of Hejun Group closed down, on June 5438+05, Hejun Group announced the suspension of trading in the name of "Announcement on the upcoming announcement of stock price sensitive information". The day before, Hejun Group closed at HK$ 0.08, the lowest price since listing. Compared with the historical highest price of HK$ 2.38 on July 20th, 2007, the share price has shrunk by 95% in 15 months. Hu Jinbin, Chairman and Executive Director of Hejun Group, who owns nearly 40% of the shares, has also tasted the bitter fruit of shrinking assets, from HK$ 426.7 million at the peak of Hejun Group to HK$ 65.438+0.434 million.

Hejun has two factories in Zhangmutou, with about 6,500 employees. Yesterday afternoon, the reporter learned from the relevant authorities of Zhangmutou government that Zhangmutou was ready to help and would pay 24 million yuan in advance as a salary subsidy for employees to maintain social stability and try its best to protect the legitimate rights and interests of more than 6,000 employees. A government official said that the employee's stay and salary will be settled within three days.