Huaying Planet, the producer of anime "Magic Crystal Hunter", was approved for the new board listing

It is reported that Beijing Huaying Planet Cultural Development Co., Ltd. has been officially approved to be listed on the New Third Board recently. The company focuses on the development of original animation IP and is committed to the operation of pan-entertainment copyright content for film and television investment, production, promotion and distribution.

It is reported that Beijing Huaying Planet Cultural Development Co., Ltd. has been officially approved to be listed on the New Third Board recently. Its listing materials were disclosed in the National Stock Transfer System on December 28, 2015. It is reported that Huaying Planet was established on June 5, 2008 and completed its share reform on August 27, 2015. Chairman and general manager Hu Jinsong, and director and deputy general manager Liu Kexin are the actual controllers of the company.

Huaying Planet was established in 2008, and has achieved impressive results in various businesses it invests and operates. The company focuses on the development of original animation IP and is committed to the operation of pan-entertainment copyright content for film and television investment, production, promotion and distribution.

In May 2014, Huaying Planet received the Pre-A Series of investment from Early Bird Fund. Introduce strategic shareholders Ningbo Qianshi High-tech Venture Capital and Wuhan Huagong Venture Capital. Today, Huaying Planet successfully passed the New Third Board listing (stock code: 836846), becoming the third listed company invested by Early Bird Fund.

The announcement shows that Huaying Planet's operating income from 2013, 2014, and January to September 2015 was 2.6165 million yuan, 9.0854 million yuan, and 8.5195 million yuan respectively; net profit was-579,200 yuan, -800 million yuan, and-1.4947 million yuan respectively.

Due to the immaturity of the overall domestic animation industry ecology, it will be difficult to cultivate outstanding animation talents. Competition in the animation industry will intensify, and core talents will be scarce. Under such circumstances, the loss of core talents of Huaying Planet will have a negative impact on the company's business operations.

In addition, the production cycle and amortization cycle of animation works are relatively long. It takes 1-2 years for the company's animations to go from early target audience survey, image design, story design to post-production, and obtain the distribution license. The cost amortization period usually takes another 2 years. The longer production and amortization cycle leads to a slower inventory turnover of the company, so the inventory balance is high.

As the leader in the production and operation of original film and television media in China, Huaying Planet Media has always adhered to the professional attitude of "staying at perfection, learning endlessly", based on China and looking around the world, and is a dream park that gathers artistic and creative power. Hu Jinsong, general manager of Huaying Planet, and director Liu Kexin, brought together a group of young artists full of dreams and creativity, and led the team to work hard to original animation works. Therefore, in the more than seven years of development of Huaying Planet, many excellent animation works have been constantly emerging.

In 2010,"Marathon Prince" was recommended by the State Administration of Radio, Film and Television as the first batch of outstanding domestic cartoons. In 2011,"Marathon Prince" won the State Administration of Radio, Film and Television's Annual Children's Boutique and Domestic Animation Development Special Award.

In 2011, Huaying Planet invested and operated the animated film "The Ice Century of Moore Manor", which achieved the top three good results at the box office of animated films that year. At the same time, it also opened the way in China to adapt games into animated films. In addition, it has also become The first major film in the history of animated films in China to achieve advertising placement.

In 2012, his work "Moore Manor Siren Treasure" won the Golden Monkey Award and the "Best Animated Screenplay Winning Award" at the China International Animation Festival; the highest award in China animation, the Beautiful Monkey Award and the "Best Animated Screenwriter Award"; the "Golden Monkey Award" at the 9th China International Animation Festival in 2013, animated film Silver Award and other honors.

In 2014,"Modern Dinosaurs" was shortlisted for the venture capital unit of the Cannes Film Festival, becoming the first China animated film to be shortlisted for this unit. After being broadcast nationwide, the "Dream Baby" China Dream series of public service advertisements became the most widely and influential public service advertisement ever broadcast.

In 2014, the "Magic Crystal Hunter" series was launched, with cumulative network clicks exceeding 600 million, and successfully realized industry-wide animation IP operations.

According to reports, Huaying Planet has formed a good cooperative relationship with the five major domestic children's channels, including "Kaku Children","Jiajia Cartoon","Xuandong Cartoon","Golden Eagle Cartoon", and "Youman Cartoon", as well as China Educational TV Station. On the other hand, the company's related animation, film and television works have been launched on major domestic online video playback platforms including Tencent, iQiyi, Sohu, LeTV, Youku, Tudou, etc.

The company has successively established cooperative relationships with international film and television companies such as Lumenas, DreamWorks in the United States, Tezuka Animation in Japan, and JMAnimation in South Korea, and has embarked on a path for the internationalization of China animation companies. Regarding the future positioning of Huaying Planet, as General Manager Hu Jinsong said: "Since we made up our mind to enter the animation circle, Huaying Planet decided to make high-quality products and original high-quality products. Huaying Planet's own name is also Tai kong Works, and Huaying Planet wants to be China's Pixar. Huaying Planet wants to be a great company, happy and responsible, endless learning, and the concepts of imagination are intertwined to convey happiness."

Editor: vian