More than 51 million yuan in advertising fees, Golden Voice children's boss was restricted from leaving the country

Guide: Jiang Peizhen, the head of the Golden Voice, recently received an exit restriction orderGolden Voice (06896HK) The head of The Company, Jiang Peizhen, recently received an exit restraining order!According to the Shanghai Higher People's Court website, the executed person Guangxi Golden Voice Food Co., Ltd(referred to as Golden Voice Food), because of non-compliance with the obligations established by the legal instruments, the court has restricted its legal representative Jiang Peizhen from leaving the countrythe matter dates back to September 19, 2019, when China's Executive Information Disclosure Network revealed that Golden Voice Foods had been listed as the person who had lost his letter by the Shanghai No1 Intermediate People's Court for failing to meet the requirements of paying 51.9498 million yuan in advertising fees, when Jiang Peizhen received a restraining orderowed more than 51 million yuan in advertising fees
more than 51 million yuan of advertising disputeoccurred between Golden Voice Foods, Guangxi Golden Voice Co., Ltd(referred to as golden voice subsidiary) and Star China International Media Co., Ltd(star Chinese)News from the Chinese adjudication instrument network query to the "Star China International Media Co., LtdvGuangxi Golden Voice Food Co., Ltdadvertising contract dispute case of the first instance of the civil judgment" detailed recorded this contract disputeaccording to the judgment, in June 2016, Golden Voice Foods and Star China concluded the "Television Advertising Commissioning Agent Contract" and concluded the "Television Advertising Commission Agent Contract", in the star Chinese production of two variety shows to put herb plant beverage brand advertising, the total contract price of 80 million yuanAccording to SkyEye, Golden Voice Foods was founded in 2016 with a registered capital of 2 million, and Golden Voice subsidiary is its controlling shareholder In this advertising dispute, Golden Voice Food refused to pay advertising fees on the grounds that the contract was not sealed, the ratings were not up to standard, so Star China took Golden Voice Foods to court and held golden voice subsidiary to bear joint and several debt liabilities the contract dispute was filed on June 19, 2017, and on December 29, 2018, the first instance judgment ruled that Golden Voice Foods should pay plaintiff Star Chinese advertising fees of 51.67 million yuan within 10 days of the effective date of the judgment, and use this as the principal to pay the default payment calculated at one millionth of the daily amount from December 26, 2016 to the date of actual payment , however, the first instance judgment also found that, since no combination of the use of Goldvoice Foods and the assets of the Golden Voice subsidiary was found, the Court found that the Golden Voice Subsidiary was not jointly and severally liable, and the resultof of the second trial on 14 June 2019 upheld the original judgment although the court's decision, but the golden voice of food did not enforce the relevant judgment, because the actual controller of Golden Voice Food is Jiang Peizhen, and thus become "old." it is worth mentioning that, according to the second trial, Star Chinese side of the evidence, during the contract negotiations, the legal representative of Golden Voice Food and Golden Voice Co., Ltd is Jiang Peizhen, Golden Voice Food in the star Chinese before the prosecution of the legal representative changed to Huang Jianping Golden Voice Foods responded that the change of legal representative had nothing to do with the case Ronaldo has tried to sue Golden State
this is not the first time he has been sued over advertising, most notably in a dispute with Brazilian soccer star Ronaldo According to the golden voice official website data, golden voice has more than 60 kinds of drugs and more than 10 kinds of traditional food, including over-the-counter golden throat tablets are star products, "annual production capacity of 5 billion pieces of golden throat tablets, annual output value of 1 billion, in similar products in the market share for many years has been among the best, and exported to the United States, Canada, the European Union, Russia, Australia and Southeast Asia and other more than 20 countries and regions." the golden throat can be from Guangxi to the country, the famous star Ronaldo's "endorsement", and put on CCTV ads are very effective, many Chinese are "Ronaldo holding the golden throat products, and smile at the camera" ads were impressed this endorsement ad makes the golden voice scenery for a while, but also brings trouble to the golden voice In 2007, the Modern Express interviewed Wang Lei, a Spanish-based contributor to one of the people closest to Ronaldo's agent, to tell the story behind the endorsement ad , according to Wang Lei, in 2003, Ronaldo in China, received a private banquet invitation, and promised Ronaldo hundreds of thousands of euros as an appearance fee, to the day of the appointment, the scene let Ronaldo wearing a "golden throat" printed on the jersey, holding a box of medicine, took a photo, said that only for publicity within the enterprise, and did not say for commercial publicity Wang Lei said it was not until early 2005 that Ronaldo learned that he had become a spokesman for the golden voice, after which "Ronaldo's agent Fabiano said that even beijing lawyers have been asked to prosecute as long as they are busy with Ronaldo's transfer." Ronaldo's dispute with The Golden State, which has not been linked with football In 2009, Golden Voice chose the new "Brazilian Golden Boy" Kaka as the image spokesman from sugar-packed women workers to golden voice boss golden voice and related products from a city in Guangxi to the country, and Jiang Peizhen is closely related A may 2007 guangxi Daily article recorded Jiang Peizhen's inspirational story in the golden voice: "
" when the golden voice came out, the factory can not get advertising fees, she led employees to the street to sell; Several floods, holding dozens of kilograms of golden throat-throat samples to ferry the bamboo raft, catch the plane, the product is hot to the hands of delegates; Before the Spring Festival in 2000, she used two pieces of cold sweet potato in her office to feed herself in a busy business, resulting in severe intestinal obstruction and a large amount of water in her abdominal cavity She hid from her family and staff and went to the hospital for surgery When the factory doctor came to the hospital to see the body connected with 8 various treatment intubation, the factory doctor cried "
According to the official information of Golden Voice, Jiang Peizhen is the chairman and general manager of the company, has won the fifth China's top ten female jie, the national 38 red flag bearer, the national 38 red flag bearer, China's reform and opening up 30 years of 100 female news figures, the national Spark entrepreneur, the country's top 15 outstanding entrepreneurial women, China's top ten Chinese businessmen most influential female entrepreneurs, China's top ten brand women, China's top ten pharmaceutical system model, the State Council, such as the special award of special allowance s a 2009 report in China Economic Information that "Jiang Peizhen is a normal Liuzhou woman, but also a woman who has experienced a bumpy and legendary Liuzhou", from the sugar-wrapping women workers to the party secretary, chairman and general manager of the Golden Voice subsidiary in this report, Jiang Peizhen also mentioned with Ronaldo's advertising dispute, "during the domestic there are a lot of false rumors, as the country's leader in the same industry, our product sales accounted for 36% of the total market, continue to sit firmly in the same industry leader, need to further enhance our brand, we decided to continue to do articles in football, to choose a spokesman, we must be more than ever." "
the importance of publicity to the enterprise, Jiang Peizhen seems to know better than anyone July 15, 2015, The Gold voice listed on the Hong Kong Stock Exchange, the chairman of Ms Jiang Peizhen's gong gesture is also controversial, although controversial, but the golden voice because of this matter caused a wave of concern also from this year, the golden voice subsidiary's product packaging on the head of the change to Jiang Peizhen, formerly the golden throat throat formula person Wang Yaofa Professor of East China Normal University five years of listing, the market value of 80% default on advertising fees behind the legal disputes, there is not optimistic stock price At the time of initial listing, the market value was HK$4.71 per share, with a market capitalisation of more than HK$6 billion, while as of the close of Hong Kong stocks on June 3, the company was trading at HK$1.509 million, with a market capitalisation of HK$1.109 billion By this set of figures, the market value of the Golden Voice subsidiary has shrunk by 80% 's revenue figures are more upbeat, with revenue s297 million released on April 24, 2020, up 14.8 percent from a year earlier and a gross profit of 598 million yuan, up 15.9 percent year-on-year it's worth noting that as of December 31, 2019, sales of Golden Throat Tablets accounted for about 90.5 percent of annual earnings, and that the problem of Golden Voice products being too single cannot be ignored neither the advertising dispute nor the market value decline appeared to have affected Jiang Peizhen, who said in its 2019 annual report: "In 2020, the Group is expected to enter a period of rapid development." "