Li Ziqi sued his ＂old club＂ Hangzhou Weinian, and the insider called it a ＂payment lawsuit＂

On October 27th, Red Star Capital Bureau learned exclusively from insiders that Sichuan Ziqi Culture’s lawsuit against Hangzhou Weinian was a "payment lawsuit".

Just now, the Red Star Capital Bureau also confirmed from ByteDance that due to the dispute between Li Ziqi and the signing company Micro-read, ByteDance, a shareholder of Micro-read, started the withdrawal process on October 16th.

On October 25th, Sichuan Ziqi Culture Communication Co., Ltd. (hereinafter referred to as "Ziqi Culture") and Liu Tongming and MCN organization Hangzhou Weinian Brand Management Co., Ltd. (hereinafter referred to as "Hangzhou Weinian") added filing information. The plaintiff in the first instance was Ziqi Culture, and the defendants were Hangzhou Weinian and Liu Tongming. The handling court is Mianyang Intermediate People’s Court of Sichuan Province.

Li Zikai has stopped for more than three months. It was speculated that Li Zikai had a disagreement with her MCN organization Hangzhou Micro-Reading. The disclosure of the above-mentioned filing information also confirms that there is a dispute between the two.

Micro-reading was exposed that many "Liziqi" trademarks were not registered successfully.

Shareholder ByteDance decided to quit.

On October 27th, the latest news, Red Star Capital Bureau confirmed from ByteDance that due to the dispute between Li Ziqi and the signing company Micro-read, ByteDance, a shareholder of Micro-read, started the withdrawal process on October 16th.

At the beginning of July this year, industrial and commercial changes occurred in the brand management of the micro-reading company signed by Li Ziqi, and ByteDance affiliated company Beijing Quantum Leaping Technology Co., Ltd. was added as a shareholder, holding 1.48% of the shares. Less than half a year from holding shares to announcing withdrawal.

Not only that, but recently, Hangzhou Weinian was also exposed that the application for registration of multiple "Liziqi" and "Ziqi" trademarks was unsuccessful.

Tianyancha APP shows that since September 2017, Hangzhou Weinian has applied to register a number of trademarks of "Liziqi" and "Ziqi", and the international classification involves food, website services, beer and beverages. At present, the status of these trademarks is awaiting substantive examination, the trademarks are invalid, and they have not been registered successfully.

Facing the dispute between Li Ziqi and the signing company, ByteDance, the shareholder of Micro-read, started the withdrawal process on October 16th. According to a person close to the transaction, ByteDance had invested in Micro-education mainly because he was optimistic about Li Ziqi. Now that Li Ziqi and Wei Nian are in disagreement, ByteDance decides to quit.

Formal prosecution:

Li Zikai sued the "old club"

Insiders call it a "lawsuit of payment" or claims, property return, etc.

On October 25th, Sichuan Ziqi Culture Communication Co., Ltd. and Liu Tongming and Hangzhou Weinian Brand Management Co., Ltd. (hereinafter referred to as Hangzhou Weinian) added new filing information. The plaintiff in the first instance was Sichuan Ziqi Culture Communication Co., Ltd. and the defendant in the first instance was Hangzhou Weinian Brand Management Co., Ltd., Liu Tongming. The handling court is Mianyang Intermediate People’s Court of Sichuan Province.

According to shareholder information, Sichuan Ziqi Culture Communication Co., Ltd. is owned by Hangzhou Weinian Brand Management Co., Ltd. and Li Jiajia (Liziqi) with 51% and 49% respectively. This time, Ziqi Culture sued Hangzhou Weinian, which means that the subsidiary sued the parent company, and Li Ziqi sued the "old club". As soon as this news came out, there was an uproar on the internet and there were many comments.

So, what is the claim of Sichuan Ziqi Culture Communication Co., Ltd.? In this regard, the Red Star Capital Bureau has learned from many parties, and an insider revealed that this lawsuit is a "payment lawsuit".

So, what is a "payment lawsuit"? In this regard, the Red Star Capital Bureau consulted professional lawyers in the industry. According to Tong Wei, a lawyer of Beijing Yingke (Chengdu) Law Firm, the so-called "payment lawsuit" refers to a dispute that one party asks the other party to perform certain obligations (including actions and omissions) based on a certain legal relationship, and goes to court to ask the other party to pay for certain behaviors, such as asking the other party to compensate for losses and return property.

Tong lawyer also said that "payment lawsuit" is a common and complicated lawsuit, which orders the obligor to perform certain obligations on the basis of confirming the relationship between rights and obligations. Therefore, it includes both the confirmation of legal relationship and the decision to pay, which is closely related to the confirmation lawsuit.

For this lawsuit, Assistant Li Ziqi told Red Star Capital Bureau a few days ago that she didn’t know much about the specific progress of the matter at present, so thank you for your concern. At the same time, the Mianyang Intermediate People’s Court stated that the case would be handled according to the procedure and tried according to law.

Sky eye check information display

Behind the prosecution:

Li Ziqi’s "Stop March"

The assistant once voiced: In December 2017, he signed a brokerage-free contract with Hangzhou Micro Mind.

Earlier, some media reported that Li Zikai had stopped for three months. There have been rumors on the Internet that Li Zikai had a disagreement with her MCN organization Hangzhou Weinian Brand Management Co., Ltd. This lawsuit also confirmed this statement from the side.

The Red Star Capital Bureau combed and found that on October 14th, some media published a report on "Micro-thinking investors: Li Zikai did have a contradiction with his brokerage company". The report pointed out that Li Zikai and Hangzhou Weinian Brand Management Co., Ltd. have differences in the distribution of benefits. In the report, a micro-read investor revealed that according to the contract signed by Li Zikai and micro-read, the relationship between the two parties is "blogger" and "MCN", not a partner; The brand of Li Zikai is under the responsibility of Wei Nian, and the whole e-commerce has little to do with Li Zikai himself.

In response, Li Ziqi, assistant, issued a response from Weibo, saying that Li Ziqi had no brokerage contract with Wei Nian in December 2017, and she also exposed Wei Nian’s previous response to online rumors.

Micro-reading the previous response to online rumors

The Red Star Capital Bureau saw in this response that Ms. Li Ziqi is a cherished partner of Micro-Reading. At first, I paid attention to Ms. Li Ziqi’s works and sent her a contract invitation. After communication and contact, the two parties reached an agreement and started cooperation in September 2016. The company provided Weibo resources promotion services for them, so that Ms. Li Ziqi could devote herself to content creation.

In July 2017, Ms. Li Ziqi and Hangzhou Weinian changed the cooperation mode, and the contract mode changed to the joint venture company mode, and jointly established Sichuan Ziqi Culture Communication Co., Ltd. to prepare the brand of Li Ziqi and operate together. Upon inquiry, Liziqi brand products include snail powder, moon cakes, loquat cream, egg yolk cake, beef sauce and so on.

Red Star News reporter Tang Xiaojun Qiang Yaxi

Editor Yang Cheng

Original title: "Exclusive | Insider talks about Li Ziqi Company v. Hangzhou Micro-thoughts" ByteDance confirms that he will withdraw from investment.

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