In response to the recent media reports that “XIAOBAWANG has been applied for bankruptcy”, Guangdong Yihua Group Investment Co., Ltd. issued a statement on XIAOBAWANG’s official website, saying that “XIAOBAWANG Cultural Development Co., Ltd.” has no relationship with “XIAOBAWANG” brand or products. < p > < p > Guangdong Yihua said in the statement that “XIAOBAWANG was applied for bankruptcy” by the media was actually a gimmick to catch the eye, which seriously damaged the brand image of “little overlord” and caused heavy losses to various project companies of little overlord! < / P > < p > the content of the statement shows that the “little overlord Culture Development Co., Ltd.” which was applied for bankruptcy on November 6, 2020, as reported by the current media, is VR product development and production enterprises that used to operate with a third party cooperated with little overlord have actually stopped cooperation in early 2019 because the project products have not been listed according to the expectation of the brand side. Entrusted by the brand owner of “XIAOBAWANG”, Guangdong Yihua Group Investment Co., Ltd. made the following statement on the recent media report of “XIAOBAWANG being applied for bankruptcy”: < / P > < p > “XIAOBAWANG” brand holder authorized Guangdong Yihua Group Investment Co., Ltd. to manage and operate the “XIAOBAWANG” brand, and to communicate with a third party through trademark authorization and trade name license We have cooperated in the production and operation of various products. At present, there are dozens of project companies with the trade name of “XIAOBAWANG”, which produce and operate dozens of products, including educational products, game products, audio-visual equipment, household appliances, etc. < / P > < p > as reported by the current media, XIAOBAWANG Culture Development Co., Ltd., which was applied for bankruptcy on November 6, 2020, is a VR product development and production enterprise operated by a third party that used to cooperate with little overlord. Because the project products have not been listed as expected by the brand side, the two sides have actually stopped cooperation in early 2019. “XIAOBAWANG Culture Development Co., Ltd.” has no relationship with “XIAOBAWANG” brand or products! The media’s theme of “little overlord being applied for bankruptcy” is actually a gimmick, which has seriously damaged the brand image of “little overlord” and caused heavy losses to various project companies of little overlord! < / P > < p > therefore, our company solemnly declares that: please be cautious in words and deeds, and do not be the “title party”! Otherwise, our company will according to the trademark holder of “little overlord” and “little overlord” ”Entrusted by the project company, investigate the legal responsibility of relevant media and individuals! < A= https://ibmwl.com/category/global-tech/#content target=_ blank>Skip to content

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