Insiders say that Wang Zijie's death was due to a work-related injury, and he did not hold any shares in Silkbar.

On April 16, Shanghai Siba Culture Media Group Co., Ltd. issued an official obituary, announcing that the company's founder and president, Mr. Wang Zijie, passed away on April 14 at 19:00 in Shanghai at the age of 63 due to a sudden cardiac illness. According to informed sources, Mr. Wang Zijie fell ill during a work meeting in the company's conference room, which is considered a work-related injury. According to the information from the Enterprise Inquiry APP, Wang Zijie did not hold any position or shares in Siba Media, and the actual controller and chairman of Shanghai Siba Culture Media Group Co., Ltd. is his younger sister Wang Jing. The obituary stated that Wang Jing will continue to run the company with the management team in the future.