Sihai network

Panda mutual Entertainment Investment Dispute result: Wang Sicong bears a loss of 2 billion yuan

On December 26, price capital released the settlement results of panda mutual Entertainment Investment Disputes, saying that Wang Sicong, the actual controller of price capital, undertook joint and several guarantees for panda mutual entertainment investors, resulting in the company's debt involving individuals. At present, all investors have been compensated. The investment loss of nearly 2 billion yuan of panda mutual entertainment is borne by price capital and the actual controller.