Mango Super Media Stock Plunges by 6.68%

After the mysterious death of Chinese actor Yu Menglong, there has been widespread speculation about the cause of his death not being simple, with suspicions that he may have been a victim of hidden rules in the entertainment industry, sparking continuous discussions online.

On October 9th, the stock price of Mango Super Media, owned by his talent agency Tianyu Media Group, plummeted by 6.68%, and news also emerged that the deputy general manager of Mango Super Media, Luo Zejun, had resigned.

According to Securities Star, on October 9th, Mango Super Media dropped by 6.68%, with a turnover of 1.176 billion yuan (RMB, the same below), a turnover rate of 3.43%, and a total market value of 62.426 billion yuan.

In terms of fund flows on October 9th, the main funds net outflow was 84.5921 million yuan, accounting for 7.19% of the total turnover, speculative funds net outflow was 71.472 million yuan, accounting for 6.08% of total turnover, and retail funds net inflow was 156 million yuan, accounting for 13.27% of total turnover.

Mango Super Media disclosed on October 9th through Shenzhen Stock Exchange’s Interactive Easy that as of September 30, 2025, the company had 37,900 shareholders, a decrease of 15,400 from the previous period (August 31, 2025), representing a decrease of 28.92%.

On the evening of October 9th, Mango Super Media’s board of directors issued a statement announcing that they had received a written resignation report from the company’s deputy general manager, Luo Zejun. Due to “work adjustment arrangements,” Luo Zejun requested to resign from the position of deputy general manager of the company. After resigning from the above position, Luo Zejun will no longer hold any position in the company.

The news has sparked heated discussions online: “Is this a rhythm of cashing out and fleeing?” “Short-selling to cash out and run, so they have been covering up and fighting for time.” “Resigning at this critical juncture, the sensitivity is very high.” “Unusual occurrences must have underlying reasons.” “Mango Super Media is starting to fall! Netizens are truly clever, everyone’s boycotting! Investors, hurry up and sell, it will fall even harder later, the power of the people cannot be underestimated, let’s go, strong dragon.”

On October 10th, data from Oriental Wealth Choice showed that Mango Super Media’s stock dropped by another 5% during the day, reaching 31.7 yuan by 14:11, with a turnover of 610 million yuan and a turnover rate of 1.84%.

Many netizens expressed, “Mango Super Media also suffered a severe drop today, just announced the resignation of the deputy general manager, the united fighting spirit is not just talk.” “Don’t rush, it can go even lower, look at Xingkong, now at 1 yuan.” “I found that this generation of netizens is top-notch, all TV dramas are weak.” “We didn’t expect it! One person can influence things to such an extent, those people didn’t expect that.” “He is like a domino tile, after he fell, he brought down a large portion with him.” “Everyone is amazing, let’s keep fighting together!”

Some netizens also said, “Even if defeat is inevitable, we bravely forge ahead to pave the way for future generations, tearing open this dark sky, will dawn be far away?”

On September 11th, 37-year-old Yu Menglong tragically fell to his death, and the police quickly closed the case, “ruling out criminal cases,” attributing the incident to “falling after drinking.” However, there were many doubts about the case, with suspicions that the cause of death was not straightforward. Netizens also discovered that within the talent agency Tianyu Media Group, to which Yu Menglong belonged, there were nine cases of abnormal deaths or disappearances. Many questioned whether Yu Menglong’s death was related to the company.

Public information indicates that Tianyu Media Group is a subsidiary of Hunan Broadcasting System’s listed company Mango Super Media, established in Shanghai in 2004, and is the only state-owned artist management company in China, with core businesses including artist management, music production, and film and television production.

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