Wang Zhongjun continued to increase holdings of 570 million yuan within half a year and made efforts to layout content supply

Chairman Wang Zhongjun increased his holdings of the company's shares by approximately 17.1 million shares within six months, with a total amount of approximately 570 million yuan, demonstrating his firm confidence in the company's strategic layout and investment value.

On May 3, Huayi Brothers issued an announcement that Wang Zhongjun, Chairman of Huayi Brothers, increased its holdings of 8.835,435 million shares of the company. After this increase in holdings, Wang Zhongjun held a total of 306.242585 million shares in the company, accounting for 21.9862% of the company's total share capital. Coupled with this increase in holdings, Chairman Wang Zhongjun increased his holdings of the company's shares by approximately 17.1 million shares within six months, with a total amount of approximately 570 million yuan, demonstrating his firm confidence in the company's strategic layout and investment value. According to relevant regulations of the regulatory authorities, Wang Zhongjun indirectly increased his shareholding in the company through the "Sinosteel Futures-Huayi Brothers Major Shareholder Increase Asset Management Plan".

Wang Zhongjun, chairman of Huayi Brothers, said that this increase in holdings is based on firm confidence in the company's entertainment layout and a long-term investment in the company's value. According to the announcement, this increase in holdings is for the effective implementation of the company's overall strategy of "film and television entertainment +IP licensing and real-life entertainment + Internet entertainment". Based on confidence in the company's future sustainable and stable development and reasonable judgment on the current stock value, we are optimistic about the value of domestic capital The value of long-term investment in the market will implement the increase in holdings involved in the "Prompt Announcement on the Company's Chairman's Plan to Increase Shares in the Company" disclosed by the company on January 27, 2016.

In 2015, Huayi Brothers achieved a net profit of nearly 1 billion yuan and continued to lead the industry as the most profitable film and television entertainment company. The just-released 2016 quarterly report shows that during the reporting period, the company achieved operating income of 766.7219 million yuan, an increase of 21.89% compared with the same period last year. Huayi Brothers has raised and implemented the 2015 annual transfer plan, demonstrating its sincerity in returning investors and confidence in future development.

Since the beginning of this year, Huayi Brothers has continued to make efforts on the "content supply" side. On March 14, Huayi Brothers issued an announcement announcing the investment and establishment of a wholly-owned subsidiary Huayi Brothers Dianjing Animation Co., Ltd., which is committed to developing and producing world-class animation and special effects films. After that, Huayi Brothers successively announced that they would invest in South Korea's listed entertainment company SIM and South Korea's HB company, which is good at film and television production. They would open up the industrial chain from "star training" to "film and television production" in South Korea, and have the ability to integrate high-quality resources in the Korean entertainment market. In March, Huayi Brothers released the fifth season of Plan H, which includes Feng Xiaogang's new film "I am Not Pan Jinlian", Jackie Chan's film "Kung Fu Yoga" and other major Chinese-language productions, and the world-renowned magic IP giant "Warcraft" and many other Hollywood blockbusters will also be released in 2016. Huayi Haohao, which focuses on the concept of "star-driven IP", also held a 2016 strategy conference in March, announcing the launch of this year's IP giant "Fantasy City", variety shows "Running Brothers","Ace versus Ace","I'm going to School 2","Date! Big Star and other blockbuster works.

In the field of Internet games, Hero Mutual Entertainment, a mobile e-sports company in which Huayi Brothers holds a 20% stake, showed a burst of growth in the first quarter. According to the first-quarter financial report released by Hero Mutual Entertainment, its operating income during the reporting period was 183 million yuan, an increase of 3969.90% over the same period last year. Net profit attributable to shareholders of the company was 131 million yuan, an increase of 142,112.53% over the same period last year. Industry analysts believe that through a series of investment layouts and business integration, the layout of Huayi Brothers 'entertainment ecosystem has become increasingly mature, and the strategy of strengthening "content supply" has been confirmed by performance growth and capital return; this increase also conveys Huayi Brothers' leaders 'firm confidence in their strategic prospects.

Editor: yvonne