There is still uncertainty in copyright trading in Huanrui Century. The company's shares continue to be suspended.

Huanrui Film and Television has not signed any agreements with the negotiating partners, and the contracts are still under negotiation and there are significant uncertainties.

Original title: Huanrui Century's copyright transaction is still uncertain,

which has been receiving much attention recently, sent another message yesterday saying that it resumed trading after nearly a month of suspension, but there is still uncertainty in the trading of its series.

Data show that since the suspension began on the 18th of last month, Huanrui Film and Television has initiated contract negotiations with well-known domestic video websites on the sale of film and television dramas such as "The Legend of the White Snake of the Celestial Divinity","Chang 'an under the World", the second, third and fourth seasons of "Tomb Robbing Notes", and "Qing Yun Zhi 3" and "The Apocalypse of the Gods", and conducted intentional negotiations and terms discussions. However, so far, the two parties to the transaction are still negotiating on contract elements such as dramas and single-piece on-demand sharing methods. Huanrui Film and Television has not signed any agreement with the negotiation partners. The contracts are still under negotiation and there are major uncertainties.

Regarding this transaction, Huanrui Century also stated that the company will resume trading and continue to promote the signing of these contracts, and disclose them in stages depending on the progress. At the same time, Huanrui Century once again reminded investors that there are significant uncertainties in the signing of such contracts.

Data shows that this transaction has caused Huanrui Century to postpone and resume trading. It once issued an announcement stating that due to the major matters in which its wholly-owned subsidiary Huanrui Film and Television planned to sign a film and television drama supply and marketing contract with well-known domestic video websites, the amount involved accounted for more than 50% of the company's latest audited main business income. In view of this matter There are significant uncertainties, in order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's share price, upon application by the company, the company's shares will continue to be suspended from August 1, 2017.

Editor: Xiongwei