Great Wall Film and Television plans to acquire two production companies shareholders list Gu Changwei and Jiang Wenli

Great Wall Film and Television, which has recently suspended trading for four months, announced that the company plans to acquire 80% equity in TIPPETT STUDIO INC (hereinafter referred to as Tippet), an American post-film visual effects production company, and 100% equity in Beijing Premiere Times Cultural Media Co., Ltd.(hereinafter referred to as Premiere Times) and raise matching funds.

Original title: Great Wall Film and Television Buy | Spending 2 billion in 3 years to buy 7 film and television advertising companies plan to buy another 2 production companies This time,

Great Wall Film and Television has come to buy again.

Great Wall Film and Television, which has recently suspended trading for four months, announced that the company plans to acquire 80% equity in TIPPETT STUDIO INC (hereinafter referred to as Tippet), an American post-film visual effects production company, and 100% equity in Beijing Premiere Times Cultural Media Co., Ltd.(hereinafter referred to as Premiere Times) and raise matching funds.

As a well-known special effects production company, Tippit has produced the Harry Potter series and the Twilight series.

In addition, another acquisition target-Premiere Times has also attracted considerable attention from star shareholders such as Gu Changwei and Jiang Wenli.

Regarding the above acquisition, a relevant person from the Secretary-General Office of Great Wall Film and Television bluntly said in an interview with reporters that "there will definitely be a premium."

However, many recent failed film and television mergers and acquisitions still make the market nervous about the success of Great Wall Film and Television's acquisition.

In this regard, the person from the Secretary-General Office of the Board of Directors bluntly said that "I will not stop doing (acquisition) because I am worried (failure)." It is worth noting that since its backdoor listing in 2014, Great Wall Film and Television has begun to crazily "buy, buy".

The reporter sorted out and found that from the purchase of Shanghai Shengmeng and Zhejiang Guangguang for 324 million yuan in 2014, to the purchase of Dongfang Longhui, Zhuji Great Wall Film and Television, and Macro Advertising for 840 million yuan in 2015, the purchase of Shanghai Jiuming and Zhejiang Zhongying for 51% equity, and then at the beginning of this year, it spent 451 million yuan to continue to acquire and hold the company's equity.

In less than three years since its listing, Great Wall Film and Television has spent a total of 1.996 billion yuan and acquired seven film and television advertising companies. In this regard, Great Wall Film and Television claims to have completed the company's "full content and full industry chain" layout.

The list of target shareholders to be acquired is now publicly available by Gu Changwei and Jiang Wenli

. As one of the oldest special effects production companies in the world, Tippet was founded in 1984. Whether it is the early "Jurassic Park" and "Matrix" series, or the recent "Harry Potter" series,"Twilight" series,"Teddy Bear" and "Teenage Ninja Turtles: Mutation Age" are all written by Tippet.

In addition, another target for this proposed acquisition is Premiere Era. The company was founded in 2010, and star shareholders such as Gu Changwei, Jiang Wenli, and Ma Sichun are among the list.

The reporter sorted out and found that the original name of Feng Shengying (Beijing) Cultural Development Co., Ltd. in the premiere era was Fengshengdong. In March this year, the company introduced shareholders such as Han Wei and Gu Changwei, and increased the company's registered capital from 500,000 yuan to 10 million yuan.

The original name of the premiere era was Fengshengqin (Beijing) Cultural Development Co., Ltd.

It is worth noting that Fengshengqin was originally a TV drama post-production company. According to the content of "TV Guide" in 2016 issue 03, the company was selected as "the most influential TV drama post-production company in China."

In addition, the company also has a wholly-owned subsidiary, Century Star (Tianjin) Culture Media Co., Ltd., the reporter called Feng Shengying to understand the company's main business after the change, but did not receive any relevant reply before the deadline.

Although the acquisition amount has not been disclosed, a relevant person from the Secretary-General Office of Great Wall Film and Television bluntly said in an interview with reporters that "there will definitely be a premium" and that many recent failed film and television mergers and acquisitions will not affect the company's determination to acquire.

From Tangde Film and Television, Wanda Cinema Line, Storm Technology, Beijing Culture to the recent Gongda Electroacoustic and Sanqi Mutual Entertainment, this year's film and television reorganization has not been smooth more or less. Whether Great Wall Film and Television can successfully complete the acquisition this time has attracted attention from the market.

Regarding the current progress of the acquisition work, the above-mentioned person from the Secretary-General Office of the Board of Directors told reporters that it is only the preliminary intention stage, the acquisition is still in progress, and the specific progress will be announced in the later announcement.

It spent nearly 2 billion yuan in three years to acquire 7 film and television advertising companies

. Regardless of the company size or business scope, Great Wall Film and Television, which entered the capital market in 2014, is not famous in the industry. However, in terms of capital operation, Great Wall Film and Television's "purchasing power" can be said to be outstanding. The reporter combed and found that in less than three years, Great Wall Film and Television spent a total of 1.996 billion yuan and acquired 7 film and television advertising companies.

Great Wall Film and Television's "buy, buy" began at the beginning of its listing.

At the end of June 2014, Great Wall Film and Television announced the acquisition of Shanghai Shengmeng and Zhejiang Light for a total price of no more than 324 million yuan.

In 2015, Great Wall Film and Television successively purchased 60% equity in Dongfang Longhui, 100% equity in Zhuji Great Wall Film and Television, 60% equity in Macro Advertising, 51% equity in Shanghai Jiuming and 51% equity in Zhejiang Zhongying, spending a total of 1.221 billion yuan.

At the beginning of this year, the company spent another 451 million yuan to continue to acquire and hold shares in the company.

It is worth noting that, except for Zhuji Great Wall Film and Television, most of the companies purchased by Great Wall Film and Television at high prices have given high profit commitments, and the performance of these companies also accounts for most of Great Wall Film and Television's financial report.

Great Wall Film and Television Acquires Some Companies '2014-2018 Performance Commitments

According to the company's financial report, Great Wall Film and Television achieved a total operating income of 597 million yuan in the first half of 2016, an increase of 189.79% over the same period last year; net profit attributable to shareholders of listed companies was 642 million yuan, an increase of 39.58% over the same period last year. Among them, revenue from the advertising sector increased by 189.79% compared with the same period last year. The company claimed that the acquisition of "four advertising companies performed well."

Great Wall Film and Television's financial report screenshot

Great Wall Film and Television's capital operation has contributed beautiful results to the company, but the relative lack of its endogenous sector is still a pain point for listed companies. A person familiar with Great Wall Film and Television bluntly said in an interview with reporters,"The company cannot rely solely on buying."

Editor: Nancy