What was Mao Kan's economic situation before his death?

"The economic situation before Mao's death was not good. On 20 15, e-sports started, and Mao successively invested nearly 70 million yuan. By the beginning of 20 1 17, the debt had exceeded 40 million yuan. Since 20 15 and 1 1, Mao has contributed about 20 million yuan to support the company's operation with real estate mortgage, leaving only100000 yuan, and needs to pay interest regularly. 2018 65438+1October 25th Mao committed suicide. "

Mao, born in 1983, started his business in 2004, during which he failed many times. However, on New Year's Eve, Mao encountered the biggest crisis since 13 started his business-Wanjia e-sports financing was frustrated and heavily in debt.

On September 30th, 20 15, Mao and listed company Wanjia Culture established a joint venture company Wanjia E-sports and became the CEO.

Less than two years after the two sides reached a cooperation, the trouble began.

Time goes back to the night of 20 17 1 1.2 two months ago. In a coffee shop in Wangjing Center, Mao, dressed in hip-hop loose sportswear, told reporters about the cooperation process with Wanjia Culture.

He coughed slightly, said "I'm sorry" to the reporter, and caught a cold. Before the interview, he told reporters: "I'm sorry, I have slept so little these days." I may have less energy and be more tolerant of me. " Prior to this,1October 26th, 10, Wanjia e-sports was suspended.

The financing plan, which took nearly a year, was delayed again and again, leading to the break of the capital chain. According to him, Wanjia E-sports, founded on 20 15, had planned to raise funds at the end of 20 16, but at that time, Wei Long Media, a subsidiary of Zhao Wei, announced the acquisition of Wanjia Culture. However, the acquisition with 50 times leverage was subsequently investigated by the CSRC and the plan was rejected.

20 17 August, Wanjia Culture found another buyer, Xiangyuan Holdings. The actual controller of Wanjia Culture is no longer Kong Deyong, and the short name of securities was changed to Xiangyuan Culture on 2 1 day.

The boss behind Mao has changed. After taking over the listed company, the new management team of Xiangyuan Culture began to investigate its subsidiaries. Yan Donglai, the new chairman of Xiangyuan Culture, once euphemistically told Mao that the current business of Wanjia E-sports is inconsistent with the strategy of the newly listed company.

According to Mao, at this moment, he is in a hurry to carry out a financing plan of 50 million yuan. As a major shareholder, the investor must first invest 20 million yuan in this financing, and the investor will invest 30 million yuan.

This plan was rejected by Xiangyuan Culture. 65438+10.8, Feng, executive vice president of Xiangyuan Culture, sent an email to Mao, saying that Wanjia E-sports really did not conform to the development strategy of Xiangyuan Culture and continued to lose money, which was not conducive to the realization of the annual profit target of listed companies. It is hoped that the divestiture of Wanjia E-sports from listed companies will be completed around mid-October/KLOC-0.

Failing to communicate with Mao, he said that he had decided to conduct bankruptcy liquidation of the company. On 20 17, 1719, Mao informed Xiangyuan Culture of his decision to go into bankruptcy liquidation. Xiangyuan Culture requested that if Mao intends to go into bankruptcy liquidation, Xiangyuan Culture can also quit the company first.

Mao said to Kan Kan, "It's really helpless."

Half a month later, due to the inability to pay the relevant rent, electricity and other expenses, the property cut off the office space of Wanjia E-sports that night, and Wanjia E-sports entered a "suspended operation" state.

On the other hand, due to the arrears of employees' wages, more than 60 employees of Wanjia E-sports filed arbitration. Mao said that Wanjia E-sports owed employees 2.2 million yuan, and there was no severance payment. "If you count the resignation compensation, that's not all. We calculate five insurances and one gold every month, and with the normal turnover of personnel, the total monthly cost of human resources is between1100000-125000.

165438+1October 3, Xiangyuan Culture announced that since the establishment of Wanjia E-sports in September 20 15, the management and operation of Wanjia E-sports has been under the responsibility of Mao and the management team. As one of the shareholders, listed companies fully fulfill their obligations such as capital contribution, and actively support and promote the development of e-sports business by using resources from all parties. As Wanjia E-sports failed to achieve the expected goal, the business continued to lose money, and the management team failed to achieve new financing, which led to the difficulty of Wanjia E-sports.

Mao does not agree with this, saying that Xiangyuan Culture intends to divest Wanjia E-sports, which makes it difficult for the company to raise funds and operate normally. He has been communicating with the team of lawyers to safeguard the rights and interests of himself and the company.

"I don't hate anyone. I don't accept the communication attitude of listed companies and I don't want to do such a thing. Once I tear it, I can't go back. " "But what if I don't tear it?"

Mao told reporters that Wanjia E-sports has spent nearly 70 million yuan since its establishment. By the beginning of 20 17 1 1, its debt had exceeded 40 million yuan. Since 20 15438+0, about 20 million yuan has been financed through real estate mortgage.

2065438+200865438+124 October, it should have been the day when the court tried the case of unpaid wages in e-sports. Xu Jing and other employees received a short message from the court, saying that the trial was postponed because they could not find Kong Deyong, a legal person of Wanjia E-sports.

2018 65438+1October 25th, Mao committed suicide.