Invested 34.76 million yuan in 20 companies, with a market value of more than 10 million yuan. Among them, Ailuowei and Zizai Media have been listed on the New Third Board, and Jujiang Culture is also preparing to be listed on the New Third Board.

On November 28, singer Chen Yufan (real name Chen Tao) was placed under administrative detention for taking drugs and illegally possessing drugs.One stone caused a thousand waves, the future of Yu Quan Group's acting career is unclear, and many companies in which Chen Yufan personally holds shares may also be affected.

According to industry and commerce information, Chen Yufan invested in a total of 20 companies, covering multiple industries such as entertainment, investment, commerce, catering, technology, logistics, etc., with a total of 34.7624 million yuan of subscribed capital.Among them, Ailuowei (835554) and Liberty Media (834476) have already landed on the New Third Board, and Master Culture (T29793) is also preparing to list on the New Third Board.

The company most directly affected by this scandal is Beijing Master Culture Co., Ltd. (hereinafter referred to as Master Culture), the brokerage company of Yuquan Group.Chen Yufan holds 11.54% of the shares and serves as the chairman and supervisor of the company's board of supervisors.On the morning of November 28th, its official Weibo, Master Entertainment, denied the rumors of Chen Yufan taking drugs. In less than half a day, after the release of the official Weibo notification from the Beijing Public Security Bureau, Master Entertainment deleted the Weibo to refute the rumors and posted an apology letter.This move was dubbed by netizens as the fastest slap in the face in history.

At the same time, Chen Yufan's drug abuse case also brought sudden uncertainty to the master culture that applied for listing on the New Third Board.On April 27 this year, Jujiang Culture disclosed a public transfer statement and applied for listing on the New Third Board.In its risk warning, it is clearly stated that the company is highly dependent on individual artists, and illegal acts such as drug abuse and prostitution by artists will affect the company's profits.

From 2016 to 2017, the total purchase amount of artists Hu Haiquan and Chen Yufan under Jujiang Culture accounted for 80.82% and 79.55% of the company's current operating costs respectively.Once the business of the two artists becomes uncertain, it will have a greater impact on the company's revenue.

According to the latest 2017 annual financial data of Jujiang Culture, the revenue of 71.9787 million yuan decreased by 8.38% compared with 2016, and the net profit was 3.7847 million yuan, which was -14.77% compared with 2016.In terms of the ratio of Yuquan Group's concert share, 50% of the profit after deducting the cost of the 600,000 after-tax remuneration goes to Master Culture, and 50% goes to Yuquan Group.At present, Yu Quan's 20th anniversary concert has been canceled due to Chen Yufan's drug abuse case, which will have a major impact on the income of Master Culture in 2018.

The progress of Jujiang Culture’s application for the New Third Board is to implement the feedback. On November 16, the company issued the latest announcement, which involved three feedback responses. The sponsoring brokerage firm is China Securities Investment.In addition, two companies that have been listed on the New Third Board and a listed company also appeared in the presence of Chen Yufan.

Chen Yufan contributed 10 million yuan to hold 4.71% of the shares in Gongqingcheng Jiale Investment Management Partnership (Limited Partnership) (hereinafter referred to as Gongqingcheng Jiale).The company was established in August 2016, and only invested in Shenzhen Saiwei Intelligent Co., Ltd. (hereinafter referred to as Saiwei Intelligent, 300044.SZ). According to the third quarterly report of Saiwei Intelligent in 2018, Gongqingcheng Jiale Investment accounted forthan 3.54%.As of November 28, the closing price of Saiwei Smart was 6.58 yuan, an increase of 1.39%, and the company's total market value was 5.12 billion yuan.

In 2015, Jiangsu Ailuowei Display Technology Co., Ltd. (hereinafter referred to as Ailuowei) added a new shareholder, Chen Yufan, who held 910,000 shares, with a shareholding ratio of 1.4%.Less than a year after Chen Yufan's capital injection, Ai Luowei landed on the New Third Board.As of June 30, 2018, Ailuowei (835554) had achieved revenue of 29.8607 million yuan, and the net profit attributable to shareholders of the listed company was -6.15 million yuan.

In January 2016, Chen Yufan invested 660,000 yuan in the private placement of Beijing Unlimited Zizai Culture Media Co., Ltd.Yuan subscribed for 12,000 shares at 55 yuan per share.

The latest stock price of Zizai Media on June 5 was 7.41 yuan. According to its latest third-quarter report data, its revenue was 94.1305 million yuan, a year-on-year increase of 30.35%, and its net profit was 15.6956 million yuan, a year-on-year increase of 11.69%.

Among the top ten shareholders shown in the third quarterly report, Chek Nao's shareholding ratio rose to 7.36%, ranking fourth, holding 5,807,700 shares.

If Chen Yufan had not withdrawn from his 1.4% shareholding in Ailuowei, through equity penetration calculation, on November 28, the market value of Chen Yufan's holdings in the two new third-board companies and the listed company Saiwei Smart were 21.0533 million yuan and 8.5368 million yuan respectively.ten thousand yuan.

The official Weibo of the Shijingshan Branch of the Beijing Municipal Public Security Bureau issued a notice at 13:44 on the 28th, saying that two drug-related offenders Chen (male, 43 years old, singer) and He Moumou (female,25 years old, unemployed), 7.96 grams of methamphetamine and 2.14 grams of marijuana were seized at the scene.After the urine test, Chen was positive for methamphetamine and marijuana, and He was positive for marijuana.

The official microblog of the Beijing Municipal Public Security Bureau later reposted the above notification, saying that drugs make the most beautiful wither.This move is regarded as the official confirmation that singer Chen is Chen Yufan in the Yuquan group.The People's Daily Weibo commented on the incident as the ugliest drug addict with a picture of Chen Yufan himself.■