11月9日，暴风集团(现简称“暴风退”)迎来了在A股的最后一个交易日，距离其2015年上市已过去2057天。截至上午收盘，其股价跌幅达3.45%，报0.28元/股。
暴风集团曾在40个交易日创下37个涨停板的纪录，市值达400亿元峰值，集合多项热门概念，被市场誉为“小乐视”。暴风集团及实控人冯鑫后因一宗海外并购而陷入深渊，公司迅速陨落，直至今年8月28日被深交所责令退市。
乐视网已在今年5月被责令退市，7月20日完成了A股的“谢幕演出”。
曾创百亿神话
暴风集团由冯鑫于2007年创立，2015年3月24日在深交所创业板上市。上市后，曾在40个交易日创下37个涨停板的纪录，股价最高超过327元。彼时，暴风集团是中国知名的互联网视频企业，外界曾称其为“小乐视”。
公司通过“暴风影音”系列软件为视频用户提供免费使用为主的综合视频服务。2016年6月，已经涉足VR、体育等业务的暴风科技更名为“暴风集团”。同时，公司参与投资设立暴风体育，持有19.9%的股份。
当时，暴风集团在体育产业有着更大的野心。2016年3月，暴风集团参与投资设立浸鑫投资。该基金由光大浸辉投资管理(上海)有限公司、暴风投资等3家公司作为联合GP对基金进行管理。浸鑫投资募集资金人民币52.03亿元，公司作为有限合伙人认缴2亿元出资额。浸鑫投资于当年5月23日完成了对世界知名体育版权公司MP&Silva Holding S.A.65%股权的收购。
然而，此后发生的事情表明，这次版权收购为公司埋下了隐患。据媒体报道，MPS公司经营陷入困境，并于2018年10月被英国法院宣布破产清算。公司及相关高管也因此卷入到这起并购旋涡中。
2019年9月3日，暴风集团公告称，9月2日下午，公司从上海市人民检察院微信公众号“上海检察”发布的消息获悉，上海市静安区检察院以涉嫌对非国家工作人员行贿罪、职务侵占罪对公司法定代表人冯鑫批准逮捕。
公司人员流失严重
冯鑫被带走后，暴风集团业务几近停滞。暴风集团今年7月1日披露，公司对员工的薪酬支付困难，公司人员持续大量流失，除冯鑫外，公司的高级管理人员已全部辞职，协助信息披露事务的证券事务代表也已辞职。公司目前仅剩10余人，同时存在拖欠部分员工工资的情形。
雪上加霜，公司定期报告披露受到影响。暴风集团称，截至目前，公司现有员工无法承担2019年业绩预告、业绩快报和今年第一季度业绩预告、第一季度报告的编制工作，公司无法按相关规则的要求披露上述报告。截至6月30日，公司尚未聘请到首席财务官和审计机构。
当时的公告称，如果暴风集团被暂停上市后一个月内仍未能披露年度报告，深交所有权决定终止公司股票上市交易。若公司股票被终止上市，将不能在创业板重新上市。
最终没有奇迹发生。暴风集团8月28日收到深圳证券交易所《关于暴风集团股份有限公司股票终止上市的决定》。9月21日起，公司股票交易进入退市整理期。暴风集团自9月21日起迎来6个跌停板，11月9日是最后一个交易日。目前股价为0.28元/股，距离曾经的高峰，暴风集团市值几近全部蒸发。
暴风集团2019年三季报显示，公司仍有6万多户股东。
业务仍在延续
值得注意的是，暴风集团虽然退市，但其品牌和产品仍在存续。
10月9日，有网友登录暴风影音官网发现，电脑端WIN版最新更新时间是9月26日。10月10日，中证君登录官网发现，电脑端WIN版最新的更新时间是10月9日，半个月内就有两次更新。
官网还显示，暴风影音APP的Android版最新更新时间是9月26日，IOS版的最新更新时间是9月30日。这3个版本的版本详情均包括VIP会员全新上线、优化操作体验等。
中证君发现，与之前相比，暴风影音目前的官网没了频道内容和官方商城，仅保留各版本播放器下载提示和VIP会员广告等内容。在目前的在线视频市场上，0.99元/月的会员价格可谓“白菜价”。
事实上，在退市前，暴风集团曾披露将暴风影音交由风行在线代运营。只不过，不少网友没有想到风行在线会有这样的发力。
暴风集团公告称，今年2月10日，公司与风行在线于北京市签署《暴风集团股份有限公司与北京风行在线技术有限公司合作协议》、《广告经营授权书》、《代运营授权书》、《品牌授权书》。双方将在互联网视听服务领域开展合作，合作期限为15个月。
暴风集团将合法拥有的暴风影音APP、暴风影音PC客户端、暴风影音广告系统运营权交由风行在线排他代运营，代运营期限为自本协议签署之日起15个月，从2020年2月10日起至2021年5月9日止。合同期满后，如甲方决定继续以代运营方式运营产品，乙方享有独家续约权。
天眼查显示，风行在线第一大股东是A股上市公司兆驰股份，持股比例为66.8%;第二大股东为A股上市公司东方明珠，持股比例为16.2%。
On November 9, Storm Group (now “Storm Retreat”) ushered in its last A-share trading day. 2,057 days have passed since its listing in 2015. By the morning's close, its stock price had dropped 3.45% to 0.28 yuan/share.
Storm Group once set a record of 37 hikes and stops in 40 trading days. Its market capitalization peaked at 40 billion yuan. It brought together many popular concepts and was hailed by the market as “Little LeTV”. Storm Group and its actual controller, Feng Xin, later fell into an abyss due to an overseas merger and acquisition. The company quickly fell, until it was ordered delisted by the Shenzhen Stock Exchange on August 28 this year.
LeTV Network was ordered delisted in May of this year, and completed the “closing performance” of A-shares on July 20.
Once created the 10 billion myth
Storm Group was founded by Feng Xin in 2007 and listed on the GEM of the Shenzhen Stock Exchange on March 24, 2015. After listing, it set a record of 37 increases and stops in 40 trading days, with the highest stock price exceeding 327 yuan. At the time, Storm Group was a well-known Internet video company in China, and outsiders once called it “Xiaolexi.”
Through the “Storm Video” series of software, the company provides video users with a comprehensive video service that is mainly free to use. In June 2016, Storm Technology, which is already involved in VR, sports and other businesses, changed its name to “Storm Group”. At the same time, the company participated in the investment to establish Storm Sports, holding 19.9% of the shares.
At the time, Storm Group had greater ambitions in the sports industry. In March 2016, Storm Group participated in the investment to establish Buxin Investment. The fund is managed by three companies, including Everbright Investment Management (Shanghai) Co., Ltd., and Storm Investment, as joint GPs. Buxin Investment raised RMB 5.203 billion, and the company pledged an investment amount of RMB 200 million as a limited partner. Buxin Investment completed the acquisition of 65% of the shares of MP&Silva Holding S.A., a world-renowned sports copyright company, on May 23 of that year.
However, what has happened since then suggests that this copyright acquisition poses a hidden danger to the company. According to media reports, MPS's operations were in trouble and were declared bankrupt and liquidated by the English court in October 2018. As a result, the company and related executives were involved in this merger and acquisition vortex.
On September 3, 2019, Storm Group announced that on the afternoon of September 2, the company learned from information posted on the WeChat account “Shanghai Prosecution” of the Shanghai People's Procuratorate that the Shanghai Jing'an District Procuratorate approved the arrest of Feng Xin, the company's legal representative, on suspicion of bribing non-state workers and embezzlement of duties.
The company has lost a lot of staff
After Feng Xin was taken away, Storm Group's business almost came to a standstill. On July 1 of this year, Storm Group revealed that it is difficult for the company to pay employees' remuneration, and the company continues to lose a large number of personnel. With the exception of Feng Xin, all of the company's senior managers have resigned, and the securities affairs representative who assisted in information disclosure matters has also resigned. Currently, there are only more than 10 people left in the company, and at the same time, there is a situation where some employees' wages are in arrears.
To make matters worse, the disclosure of the company's regular reports was affected. Storm Group said that up to now, the company's current employees are unable to undertake the preparation of 2019 performance forecasts, performance reports, performance forecasts for the first quarter of this year, and reports for the first quarter of this year, and the company is unable to disclose the above reports in accordance with the requirements of relevant rules. As of June 30, the company had yet to hire a chief financial officer and auditor.
The announcement at the time said that if Storm Group still fails to disclose its annual report within one month after the listing was suspended, Shenzhen Stock Exchange Ownership decided to terminate the company's stock listing transaction. If the listing of the company's shares is terminated, it will not be re-listed on the GEM.
In the end, no miracle happened. Storm Group received the “Decision on Termination of the Listing of Storm Group Co., Ltd. Shares” from the Shenzhen Stock Exchange on August 28. Starting September 21, the company's stock transactions entered the delisting period. Storm Group experienced 6 downturns since September 21, and November 9 was the last trading day. Currently, the stock price is 0.28 yuan/share. Since its previous peak, Storm Group's market capitalization has almost completely evaporated.
According to Storm Group's 2019 three-quarter report, the company still has more than 60,000 shareholders.
The business continues
Notably, although Storm Group was delisted, its brands and products continue to exist.
On October 9, some netizens logged on to the official website of Storm Video and discovered that the WIN version on the computer was last updated on September 26. On October 10, China Securities Jun logged on to its official website and discovered that the WIN version on the computer was last updated on October 9, and there were two updates within half a month.
The official website also shows that the Android version of the Storm Video app was last updated on September 26, and the iOS version was last updated on September 30. The details of these three versions all include the new launch of VIP members, optimized operation experience, etc.
China Securities discovered that compared to before, Storm Video's current official website has no channel content or official store, and only retains content such as player download tips and VIP member advertisements for various versions. In the current online video market, the membership price of 0.99 yuan/month can be called the “cabbage price”.
In fact, prior to delisting, Storm Group revealed that Storm Video would be operated by Fengxing Online on its behalf. However, many netizens didn't expect Fengxing Online to have this kind of momentum.
Storm Group announced that on February 10 this year, the company and Fengxing Online signed the “Cooperation Agreement between Storm Group Co., Ltd. and Beijing Fengxing Online Technology Co., Ltd.”, “Authorization for Advertising Operation”, “Authorization for Agency Operation”, and “Brand Authorization” in Beijing. The two sides will cooperate in the field of Internet audiovisual services for a period of 15 months.
Storm Group will hand over the legal right to operate the Storm Video App, Storm Video PC Client, and Storm Video advertising system to Fengxing Online for the exclusive operation period of 15 months from the date this agreement was signed, from February 10, 2020 to May 9, 2021. After the contract period expires, if Party A decides to continue to operate the product on its behalf, Party B has the exclusive right to renew the contract.
According to Tianyan survey, the largest shareholder of Fengxing Online is Zhaochi, an A-share listed company, with a shareholding ratio of 66.8%; the second largest shareholder is Oriental Pearl, an A-share listed company, with a shareholding ratio of 16.2%.
