Something's wrong again, "Giant" Shi Yuzhu
On September 21st, the reporter learned through Tianyancha that recently, Giant Investment Co., Ltd. added a new equity freeze information. The person being executed is Shi Yuzhu, with a frozen equity amount of approximately 114 million yuan. The freezing period is from September 18, 2023 to September 17, 2026, and the executing court is the Beijing Financial Court.
Previously, Shi Yuzhu's equity in the company had been frozen multiple times. The frozen enterprise entity Giant Investment Co., Ltd. was established in April 2001, with the legal representative being Shi Yuzhu and a registered capital of approximately 117 million yuan. The business scope includes industrial investment, investment management, asset management, etc., with Shi Yuzhu and Niu Jinhua holding approximately 98% and 2% respectively. The company has invested in 36 enterprises and has 462 trademark information in terms of intellectual property.
![Something's wrong again, "Giant" Shi Yuzhu](https://a5qu.com/upload/images/329b9bac456c55214359c14ad1c45945.gif)
Even earlier, the company held by Shi Yuzhu had its equity frozen. The frozen equity targets are Zhuhai Giant High tech Group Co., Ltd. and Zhuhai Gentleman New Technology Co., Ltd., both of which are executed by the Beijing Financial Court. The frozen equity amounts to 2.7794 million yuan and 16.3 million yuan respectively, with a freezing period until August 2024.
Among them, Zhuhai Giant High tech Group Co., Ltd. has a registered capital of 22.2794 million yuan, with Shi Yuzhu holding approximately 12.48% of the shares. Zhuhai Junjun New Technology Co., Ltd. has a registered capital of 19 million yuan, and Shi Yuzhu is the largest shareholder of the company, holding approximately 85.79% of the shares.
![Something's wrong again, "Giant" Shi Yuzhu](https://a5qu.com/upload/images/e59d70c924cf2a4a82246a74a5b7be8b.gif)
It is understood that equity freeze refers to a compulsory measure taken by the people's court to restrict equity owners from withdrawing or transferring their own equity. The main purpose of this measure is to prevent improper loss of equity profits.
In the first half of 2023, the listed company Giant Network, chaired by Shi Yuzhu, achieved a revenue of 1.443 billion yuan, a year-on-year increase of 35.68%. The company distributed a cash dividend of 1.3 yuan per 10 shares, with a total dividend of 247 million yuan and a dividend yield of 0.9%.
![Something's wrong again, "Giant" Shi Yuzhu](https://a5qu.com/upload/images/e4643ce80965ba7498fc780ce81a7761.gif)
It is understood that the flagship product of Giant Network, "Primitive Journey," had a revenue of over 300 million yuan in the first month after its launch in March, with a cumulative revenue of over 1 billion yuan, contributing to the revenue growth of listed companies. Dongwu Securities stated that looking ahead, "Original Journey" is expected to continue its stable performance. With the slowdown of promotion investment, profits will continue to be released, driving high performance growth.
In addition, Giant Network is actively laying out AI related technologies, and the exploration of "game+AI" has been preliminarily implemented. The company actively applies AI technology to empower game production to reduce costs and increase efficiency, and has made initial progress in AI innovative gameplay. The new AI gameplay "AI Reasoning Small Theater" for Space Action is expected to start large-scale testing in September 2023.
![Something's wrong again, "Giant" Shi Yuzhu](https://a5qu.com/upload/images/d77d9e63713bc91a57afd510decb4e6a.gif)
As of the noon close on September 21, Giant Network's stock price was at 12.15 yuan, up 0.58%, and the company's market value is about 24.4 billion yuan.