Tianya founder bankruptcy is a misreading, and a new announcement will be issued on March 1

Mondo Technology Updated on 2024-02-29

Recently, the incident of "Tianya was filed for bankruptcy" has attracted attention.

On February 28, Xing Ming, founder and chairman of Tianya Community, responded to Jiupai financial reporters, saying, "Tianya's 'bankruptcy' incident is a misreading, any creditor can file a bankruptcy application, and the court is currently only accepting it, which does not mean that Tianya will go bankrupt." ”

It is reported that the case is actually an employee's salary arrears of about 200,000 yuan, and the court has launched a hearing to exchange, Xing Ming said that such incidents can be resolved through legal procedures.

Regarding the previously announced restart plan, Xing Ming said that Tianya encountered unexpected new difficulties at the end of December last year, and once faced the risk of data being emptied, and the live broadcast originally expected on New Year's Day and the restart on March 1 had no choice but to postpone. At present, through long-term negotiations with telecommunications and other areas, a more optimistic amount agreement has been reached.

Xing Ming revealed that Tianya will issue a new announcement on March 1, the 25th anniversary of its establishment, announcing the target timetable for the resumption of access to the old Tianya and the launch of the new Tianya, as well as announcing user value-added services related to data storage.

Tianya headquarters. Photo by Xia Wenqi.

It is reported that at present, Tianya's main revenue is the company's initial "Hainan" business and matrix.

Xing Ming said to Jiupai Finance: "We are actually not lying down or giving up, we are still insisting on doing our best to save ourselves, and we are confident that we can raise a sum of money through the start of the business." As the launch day for the resumption of normal business operations, it is hoped that Tianya will usher in new vitality on March 1. ”

As for whether there will be bankruptcy reorganization in the future, Xing Ming believes that the total debt of Tianya is not high at present, and the total debt has been compressed to less than 100 million after more than half a year of restructuring. (Jiupai Finance).

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