Qvod has not paid the 260 million yuan fine: the late payment fee is nearly 40 million yuan

Qvod has not paid the 260 million yuan fine: the late payment fee is nearly 40 million yuan
After the high-priced fine of Qvod was issued on June 26, whether this huge amount of money can be paid has attracted much attention from all parties. Yesterday, the reporter learned from the Shenzhen Municipal Market Supervision Bureau that as of yesterday, Qvod had not paid the 260 million yuan fine. Based on the current 5 days exceeding the 10-day payment deadline and the 3% daily additional fine, Qvod is currently facing a fine of up to 300 million yuan. The reporter confirmed from Qvod's internal staff yesterday that some employees of Qvod have applied for labor arbitration to the relevant departments in order to obtain priority compensation in possible bankruptcy liquidation; in addition, some Qvod's resigned employees have been diverted to the newly established "Shenzhen Ai Mao" company, but the company stated that this move is "only to recruit people" and there is no possibility of a full acquisition of Qvod. Daily "late payment fee" of 7.8 million yuan On June 26, the Shenzhen Market Supervision Bureau issued an "Administrative Penalty Decision" to Qvod at its headquarters in the Science and Technology Park in Nanshan District, Shenzhen, formally imposing a fine of 260 million yuan, and the ticket took effect immediately. According to relevant regulations, Qvod should pay the fine within 15 days. If it fails to pay the fine within the deadline, a fine of 3% of the fine amount will be imposed every day. Yesterday, 5 days had passed since the deadline for Qvod to pay the fine (July 10). Has Qvod paid the fine? The relevant person in charge of the Shenzhen Municipal Market Supervision Bureau told reporters yesterday that the fine that Qvod should pay has not yet been paid, and the Market Supervision Bureau will apply to the court for compulsory execution in accordance with relevant procedures. According to the additional penalty amount of 3%, Qvod's daily "late payment fee" reached 7.8 million yuan; as of yesterday, Qvod's late payment fee alone has accumulated nearly 40 million yuan. In addition to the previous fine of 260 million yuan, Qvod is currently facing a penalty of nearly 300 million yuan. An internal employee of Qvod revealed to reporters that the main management of the company's Shenzhen headquarters has been evacuated and went to Beijing for further follow-up processing. "The specific content is still unclear and should be related to the subsequent disposal of employees and the company." How will the employees be resettled? Applying for arbitration for "priority compensation" It is reported that last week, Qvod informed employees in a text message that the company might not be able to reverse the 260 million yuan fine. In order to protect the interests of employees, after consultation with colleagues from various departments of the company, it was suggested that employees file for arbitration so that compensation can be paid first in the liquidation process, and employees were reminded to bring their ID cards and sign the arbitration authorization. "After the 260 million yuan fine was issued, many employees have resigned, and some have not resigned and are waiting for the company to place them." The above-mentioned Qvod insider confirmed the news. Liu Xiaohu, a lawyer at Guangdong Junyi Law Firm, said that according to the relevant legal provisions such as the Labor Law and the Bankruptcy Law, if the company goes bankrupt and enters the liquidation process, the company's employees who are owed wages will be paid first, and administrative fines, taxes, and other creditors will be paid later. Liu Xiaohu believes that Qvod's reminder to employees to conduct labor arbitration is intended to further clarify the current debt and creditor relationship and give it legal protection. If it eventually enters the bankruptcy liquidation process, this part of the amount will be compensated first. There are also reports that Qvod has relocated some of its employees to the newly established "Yunfan Century" company; Tencent (123.8, 1.00, 0.81%, real-time market) the plaintiff in the "Qvod case" is also poaching some of the original Qvod core technical personnel and developing related businesses. The above-mentioned Qvod insider said that the company did relocate and divert some employees, but it is not clear which company they will go to. "As for going to Tencent, it may be the employee's career planning and personal choice, which is actually normal." Where is "Qvod" going? "Aimao" recruits people but does not acquire them Before the 260 million yuan sky-high fine was imposed on June 26, there were endless news about the future direction of Qvod; one of them was that the Chinese Academy of Sciences acquired Qvod in some way and established a Shenzhen network information research branch. Although it was later confirmed that it was not entirely true, it was not groundless. On July 9, Beijing Xiang'e Qing Group Co., Ltd. publicly announced that in order to meet the company's new business expansion needs, it will invest with partners to establish Shenzhen Aimao New Media Network Technology Co., Ltd. (hereinafter referred to as "Shenzhen Aimao") with a registered capital of 10 million yuan. The announcement stated that Shenzhen Aimao has completed the recruitment of some personnel, some of whom are resigned personnel from Shenzhen Kuaibo Technology Co., Ltd. The announcement emphasized that the determination of Shenzhen Aimao employees is mainly determined by the personal career development needs of the candidates. The company itself has not prepared human resources for Shenzhen Aimao by acquiring Kuaibo's equity or assets, and Shenzhen Aimao has not purchased and used intangible assets such as Kuaibo's intellectual property and technology. In addition, the company's controlling shareholder and actual controller have no plans to acquire Kuaibo at present or in the foreseeable future. Some analysts believe that this announcement clearly states the attitude of "only recruiting, not acquiring", or avoiding the heavy burden of a 260 million yuan sky-high fine after mastering the core resource of Kuaibo's original technical personnel.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.

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