Shanghai No. 1 Intermediate Court publicly sentenced Xu Yao in the first instance case of intentional homicide and throwing dangerous substances. Photo/Shanghai No. 1 Intermediate People's Court
The "Youzu Poisoning Case" that once shocked the domestic gaming circle finally came to a verdict after more than three years.
On March 22, the Shanghai No. 1 Intermediate People's Court public account announced that at 10 a.m. on March 22, the Shanghai No. 1 Intermediate People's Court (hereinafter referred to as the Shanghai No. 1 Intermediate Court) publicly pronounced the defendant Xu Yao guilty of intentional homicide in accordance with the law. , the case of throwing dangerous substances, the defendant Xu Yao was sentenced to death for intentional homicide and deprived of political rights for life; the defendant Xu Yao was sentenced to six years in prison for the crime of throwing dangerous substances, and it was decided to execute the death penalty and deprived of political rights for life.
In the past three years, with the death of Youzu Networks chairman Lin Qi from poisoning, the company has also entered a crossroads - shareholder changes, performance turmoil, and rumors of "selling out".
html At the close of trading on March 22, Youzu Networks fell slightly by 0.43%, with its stock price at 11.57 yuan and a total market value of 10.597 billion yuan.Chairman Poisoning and Youzu Networks Turbulence
After trial, the Shanghai No. 1 Intermediate People’s Court found that the defendant Xu Yao had a conflict with the victim Lin due to company management matters, and had premeditated to commit suicide between December 14 and 15, 2020. , poisoning the victim Lin’s edible items, causing Lin’s death from poisoning. Xu Yao also had conflicts with the victims Zhao A and Zhao B due to work reasons. From September to December 2020, Xu Yao poisoned drinks and other items in their offices, causing Zhao A and Zhao B Four people including B were poisoned. At around 18:40 on December 18, 2020, Xu Yao was captured by the public security organs.
2020 can be said to be a turning point for Youzu Network.
On December 23, 2020, a screenshot of a WeChat group went viral on WeChat Moments: Lin Qi, chairman of Youzu Networks, was poisoned with aged Pu'er. He was rescued last Saturday but was brain dead and became a vegetative state. Has been sent to the hospital ICU.
Although Youzu.com quickly issued a report saying that Lynch's physical condition had improved, Lynch was pronounced dead two days later.
According to public information, Xu Yao served as chief risk control officer and executive director after joining Youzu Networks in 2017, and also served as CEO of Youzu Pictures. On December 10, 2018, Lin Qi and others established Shanghai Trisolaran Universe Cultural Development Co., Ltd., with Xu Yao as the company’s CEO.
Lin Qi directly holds 220 million shares of Youzu Networks, accounting for 23.99% of the company’s total share capital, and is the company’s controlling shareholder and actual controller. At that time, according to an announcement by Youzu.com, according to the provisions of the Articles of Association, the company’s board of directors consisted of nine directors. After Lynch's death, the number of board members of the company was reduced to 8, which was not lower than the minimum number of board members stipulated in the Company Law.
After Lin Qi’s death, Youzu Networks fell into turmoil.
In January 2021, Youzu Networks issued an announcement stating that the Youzu Networks stocks held by Lynch during his lifetime will be inherited by his three minor children. After the equity change, Xu Fenfen, the mother of the three children, became the actual controller of the company as the legal guardian. The shareholders' rights and interests of the company shares held by the three persons are uniformly exercised by their legal guardian Xu Fenfen.
However, half a year after the announcement, news came out that Xu Fenfen was planning an equity transfer. Since then, rumors of "selling oneself" on Youzu.com have continued to spread.
changed hands less than a year after , and turned a profit. More than two years after Lynch's death, Youzu Networks officially changed hands.
On January 2, 2023, Youzu.com announced that the three heirs and legal guardians of the company’s original controlling shareholder and actual controller Lin Qi and Shanghai Jiayou Enterprise Management Partnership signed a “Share Transfer Framework Agreement” to transfer their The 113 million shares held (accounting for 12.34% of the total share capital) were transferred to Shanghai Jiayou. After the share transfer is completed, Shanghai Jiayu officially becomes the largest shareholder of Youzu Network.
On March 17 of that year, Youzu.com issued an announcement announcing that the company’s largest shareholder had been changed to Shanghai Jiayou Enterprise Management Partnership. On April 21, Youzu.com issued an announcement for the election of the company’s chairman and special committee members, announcing that Wan Zheng, the actual controller of Shanghai Jiayu, became the new chairman of Youzu.com Co., Ltd.
With the appointment of the new chairman, the organizational structure of Youzu Network has been adjusted.
As early as the end of March 2023, Youzu.com announced that Xu Fenfen, the company’s former chairman, resigned due to personal reasons. Also according to media reports, many current or former employees of Youzu.com posted on the workplace social platform Maimai that the company has begun to lay off employees, with the distribution business line being the most serious.
According to the financial report released by Youzu.com, revenue from 2020 to 2022 was 4.703 billion yuan, 3.204 billion yuan, and 1.981 billion yuan respectively, with year-on-year changes of 46.04%, -31.87%, and -38.19%, and revenue continued to decline. Net profits were -188 million yuan, 168 million yuan, and -635 million yuan, with year-on-year changes of 173.17%, 189.43%, and -477.98%. After
Wanzheng took over, the performance of Youzu Network gradually rebounded. The third quarterly report of 2023 released by Youzu Networks on October 30, 2023 showed that the net profit attributable to the parent company in the third quarter was 62.4863 million yuan, a significant year-on-year increase. The gross profit margin in the third quarter was 60.09%, a month-on-month increase of 16.53%. In the first three quarters, it achieved revenue of 1.179 billion yuan and net profit attributable to the parent company of 10.4438 million yuan, turning losses into profits.
Shell Finance reporter noticed that in addition to games, Youzu Network’s business now also has new directions.
According to an open letter from Youzu Networks CEO Chen Fang in April 2023, Youzu Networks will upgrade the Innovation Institute to the "AI Innovation Institute" and set up the "Sophon Laboratory" and "Red Coast Laboratory", respectively centered around "aigc Focus on breakthroughs in two directions: "and "AI empowers game globalization".
At the 2024 annual meeting, Youzu Networks introduced its many games including "Young Three Kingdoms 2" and "Scarlet Echo", as well as the achievements of the "AI Innovation Institute". After the change of coaches, Yoozoo Networks seems to be back on track, but how it will develop in the future requires time and market verification.
Beijing News Shell Finance Reporter Qin Che Editor Wang Jinyu Proofreading Liu Baoqing
