Lugang Technology may completely acquire Tianyi Film and Television Light, and plans to re-acquire it with RMB 1 - 2 billion

The fields involved by Enlight Media this time are related to the Internet and cultural industries, and the company's investment amount is estimated to be between 1 billion yuan and 2 billion yuan.

Recently, there has been a wave of mergers and acquisitions in the capital market. Many companies have suspended trading to announce mergers and acquisitions of companies related to the film and television industry. On April 11 alone, two listed companies, Light Media and Lugang Technology, suspended trading, and the reasons for the suspension involved M & A investment. This time, Lugang Technology suspended its trading of plans to acquire the remaining 49% stake in Tianyi Film and Television. The valuation of Tianyi Film and Television, which holds the super IP of "Ghost Blows Out the Light", has become the focus of everyone's attention. The fields involved by Enlight Media this time are related to the Internet and cultural industries, and the company's investment amount is estimated to be between 1 billion yuan and 2 billion yuan.

The "media gainer" has suspended its trading of plans to acquire

recent A-share film and television listed companies.

The acquisition of Dongyang Haohan, which is owned by stars such as Li Chen and Angelababy, a veteran film and television company, attracted attention. Tangde Film and Television immediately acquired a 51% stake in Aimei Company, which Fan Bingbing had just registered, at a high premium of 700 million yuan. While these listed companies with financial advantages are competing to seize resources, yesterday, two film and television listed companies, Lugang Technology, which is famous for "The Return of the Great Sage", and Enlight Media, a veteran film and television stock, also suspended trading, and the reasons for suspension were all related to M & A investment.

Lugang Technology, the "media gainer" whose share price rose by 19.83% last week, announced that the company plans to issue shares to acquire the remaining 49% of Tianyi Film and Television. Therefore, the company will apply for a continuous suspension of shares for no more than one month starting from April 11. Tianyi Film and Television became a holding subsidiary of Lugang Technology as early as last year.

Wu Yi, the legal representative and major shareholder of Tianyi Film and Television, was once one of the three major TV series producers of Huayi Brothers. He has launched "Soldier Assault","My Commander, My Regiment","Wang Dahua's Revolutionary Career", and the movie "Massage", etc., with rich resources and excellent organizational capabilities. In June last year, Lugang Technology announced that it had acquired a 51% stake in Tianyi Film and Television through acquisition and capital increase, with a total investment of 217 million yuan. At the same time, Lugang Technology also hired Wu Yi to steer the film and television business of the listed company.

It should be mentioned that not long after Lugang Technology controlled Tianyi Film and Television, Tianyi Film and Television also bought the super IP "Ghost Blows Out the Light". According to previous news, the play started in December last year. Therefore, this time Lugang Technology suspended its trading of plans to acquire the remaining 49% of its shares, and the valuation of Tianyi Film and Television, which holds the super IP of "Ghost Blows Out the Light", has become the focus of everyone's attention.

On the other hand, companies that can focus on "content + channels"

are facing the rapid pace of resources by companies newly involved in the film and television industry. Enlight Media, a veteran film and television media stock, is not willing to lag behind. Yesterday, it announced that it would suspend trading because it was planning major foreign investment projects. According to the announcement, the fields involved by Enlight Media this time are related to the Internet and cultural industries, and the company's investment amount is estimated to be between 1 billion yuan and 2 billion yuan.

For Enlight Media, the company's operating income for the whole year of 2015 was only 1.545 billion yuan, and the estimated investment in this project is between 1 billion yuan and 2 billion yuan, which should be a major strategic plan for Enlight Media.

In recent years, the deep involvement of capital in the film, television and entertainment industry has become very obvious. At the same time, since the beginning of this year, the film and television industry has once again shown strong vitality. The box office of "Mermaid" exceeded 3 billion yuan. In February, the domestic box office exceeded North America for the first time., high-quality IP is frequently sold at sky-high prices, and the strong bombardment of online homemade dramas, the film and television industry has become the most lively industry in my country at present. But after the hustle and bustle, we need to be more calm. Among the many companies flocking to the film and television industry, which companies can truly become leading companies with sustained growth?

Zhongtai Securities believes that after the IP craze in 2015, excellent content production companies with two-way layout of "content + channels" in 2016 are expected to occupy a larger market share and achieve sustained high growth.

Editor: yvonne