More than 600 million yuan was acquired in game assets, Zhongnan Culture fell to a limit after the resumption of trading

Zhongnan Culture announced on the 20th that the company plans to purchase a 90% stake in Aurora Network. The entire equity price of Aurora Network was 742.5 million yuan, and its 90% equity transaction price was 668.25 million yuan. The company's shares resumed trading on the 21st.

After Zhongnan Culture, which suspended trading in June, disclosed its reorganization plan, it fell to the limit shortly after resuming trading today. As of press time, the company's stock price was 20.69 yuan, with a transaction volume of 230 million yuan.

Zhongnan Culture announced on the 20th that the company plans to purchase a 90% stake in Aurora Network. The entire equity price of Aurora Network was 742.5 million yuan, and its 90% equity transaction price was 668.25 million yuan. The company's shares resumed trading on the 21st.

The consideration for this transaction was paid by the listed company in the form of issuing shares and paying cash, of which 267.3 million yuan was paid in cash and 400.95 million yuan was paid in the form of issuing shares. The price of the issued shares was 18.58 yuan/share, with a total of 21.58 million shares issued.

At the same time, the company plans to issue shares to no more than 10 qualified specific investors to raise matching funds, with a total amount of matching funds raised of 400.95 million yuan. The matching funds raised are mainly used to pay the cash consideration for this transaction, pay the fees related to this transaction, and build the Aurora Network R & D center.

The announcement disclosed that Aurora Network is a well-known web boutique game developer in the industry. Relying on the management team's enthusiasm for game research and development and years of industry experience, Aurora Network has successfully developed high-quality games such as "Chaos Battlefield" and "War God Zhao Zilong".

In terms of profitability, the net profit promised by Aurora Network in 2016, 2017 and 2018 will be no less than 55 million yuan, 68.75 million yuan and 85.9375 million yuan respectively.

Zhongnan Culture said that through this acquisition, the company has made up for the shortcomings in the industrial chain of the online game content sector and has the ability to independently develop and operate online games. In the future, under the company's unified planning, it will continue to introduce and graft high-quality IP content to the target company, rely on the excellent IP control capabilities of the target company, and continue to build a "big culture" strategic layout with high-quality "IP" as the fulcrum to realize the benefits of the industrial group. Maximize.

Editor: yvette