Yiqiao Co., Ltd. plans to acquire 45% equity layout mobile game business of Haoxin Interconnection.

全文约0字，阅读需要0分钟

Yiqiao shares said that after the completion of this transaction, Haoxin Interconnection will become a wholly-owned subsidiary of listed companies, which will help listed companies to achieve a comprehensive transformation from their main business to mobile game business. it plays a positive role in improving the net profits of shareholders belonging to listed companies. In the announcement of Yiqiao shares on the evening of October 30, it was stated that "in October 2017, listed companies sold related assets and some negative assets in the business of breeding, processing and selling sea treasures with uncertain business prospects.

after the completion of this transaction, Haoxin Interconnection will become a wholly-owned subsidiary of listed companies, which will help listed companies to realize the overall transformation from main business to mobile game business, and play a positive role in improving the net profits of shareholders belonging to listed companies.

Yiqiao shares recently announced that Yiqiao shares signed an "equity purchase agreement" with its related party Nanchang Jingxin, agreeing that Yiqiao shares will buy 45% of Haoxin Interconnection held by Nanchang Jingxin for 1.013 billion yuan. After the completion of this transaction, Nanchang Jingxin will no longer hold the equity of Haoxin Interconnection, which will become a wholly-owned subsidiary of Yiqiao shares.

Yiqiao shares said that after the completion of this transaction, Haoxin Interconnection will become a wholly-owned subsidiary of listed companies, which will help listed companies to achieve a comprehensive transformation from their main business to mobile game business. it plays a positive role in improving the net profit of shareholders belonging to listed companies.

at present, Yiqiao shares are the controlling shareholder and actual controller of Haoxin Interconnection, holding 55% of Haoxin Interconnection. Before Yiqiao shares, its main business was sea treasure breeding, breeding and processing business, and in 2016, it established the goal of strategic transformation from traditional sea cucumber farming to Internet pan-entertainment.

in April 2016, Yiqiao shares were replaced with the equivalent of 55% of Haoxin Interconnection Company jointly held by Nanchang Jingxin and Feng Wenjie. In 2016, the net profit of Haoxin Interconnection belonging to the parent company was 92.4166 million yuan, exceeding the promised target profit of 6.4095 million yuan. The net profit of Haoxin Interconnection from January to June 2017 was 54.979 million yuan, and the performance continued to maintain rapid growth.

it is worth noting that after Yiqiao shares established its strategic transformation in 2016, Liu Dequn, the company's controlling shareholder and actual controller, resigned as chairman of the company, with his daughter Liu Xiaoqing as chairman and was fully in charge of implementing the strategic transformation of Yiqiao shares. After Liu Xiaoqing took over as chairman of the listed company, he launched a series of operations.

Upright 3957025726 Magical2122442872ZONGFMIZHANGFING 0.jpg

in January this year, Yiqiao announced its intention to use no more than 300 million yuan of its own capital as a limited partner to sign the Cooperation Framework Agreement with the company's holding subsidiaries Zhongcheng Yixin, China and Foreign Investment Corporation and Nanchang Hi-Tech. It is proposed to jointly invest in the establishment of Nanchang Yiqiao High-tech Industry Fund Partnership (Limited Partnership), which will invest in Internet pan-entertainment and related upstream and downstream industries. And this is interpreted by the outside world as a bridge shares to add code to expand the Internet territory of an important move.

Yiqiao shares disclosed a major asset restructuring plan on the evening of September 6, and the company planned to sell 1.571 billion yuan to Liu Dequn, the company's controller, for the sale of assets and some liabilities related to the seafood breeding, processing and sales business. After the transaction, the company will mainly engage in mobile game business, no longer engaged in sea treasures related business. It is reported that the delivery date of this transaction is October 12, 2017.

in the announcement of Yiqiao shares on the evening of October 30, it was stated that "in October 2017, listed companies sold assets and some liabilities related to the business of breeding, processing and sales of sea treasures with uncertain business prospects." the withdrawal of funds is used to promote the development of the company into the Internet pan-entertainment industry, defining the development strategy of business expansion and industrial extension by means of foreign investment, mergers and acquisitions. "

according to the plan of Yiqiao shares, after the acquisition of 45% of Haoxin Interconnection this time, the listed company will mainly engage in mobile game business through its wholly-owned subsidiary Haoxin Interconnection. It will continue to build a pan-entertainment ecosystem around Haoxin Interconnection, achieve business development and industrial extension through investment and mergers and acquisitions, and focus on traffic entrances, content, platform channels, and video media. investment layout and strategic cooperation in animation, film and television, and smart peripheral manufacturing.

the quarterly report for 2017 released by Yiqiao shares a few days ago shows that during the reporting period, the company achieved operating income of 232 million yuan, down 20.87% from the same period last year, and net profit of 68.87 million yuan, down 47.62% from the same period last year. At the same time, Yiqiao expects net profit to change from 0% to 50% in 2017, due to the sale of assets and some liabilities related to the breeding, processing and sales business, as well as steady growth in the performance of its subsidiary Haoxin Interconnection.

Edit: xiongwei