Songcheng Performing Arts launches its efforts to create the Internet celebrity economy and plans to raise 4 billion yuan to create "Six Songcheng"

The company disclosed on the 14th that it plans to issue no more than 190 million shares to no more than 5 specific targets and raise no more than 4.017 billion yuan to invest in the Legendary Kingdom of Australia, Songcheng Performing Arts·Expo Stage Reconstruction and Expansion, Yangshuo Songcheng Tourism, Zhangjiajie Eternal Love, Performing Arts Technology Improvement and Technological Interaction, as well as the large-scale performing arts women's day group "Tree House Girls" and other six projects.

Songcheng Performing Arts, which made a fortune of 900 million yuan in 2016, plans to continue to implement its expansion and upgrade plan through refinancing. The company disclosed on the 14th that it plans to issue no more than 190 million shares to no more than 5 specific targets and raise no more than 4.017 billion yuan to invest in the Legendary Kingdom of Australia, Songcheng Performing Arts·Expo Stage Reconstruction and Expansion, Yangshuo Songcheng Tourism, Zhangjiajie Eternal Love, Performing Arts Technology Improvement and Technological Interaction, as well as the large-scale performing arts women's day group "Tree House Girls" and other six projects.

According to the plan, the total investment of the "Legendary Kingdom of Australia" project is 2.02 billion yuan, and the raised funds are planned to use 1.615 billion yuan. The project is located in the Neilan District of the Gold Coast. About 10 kilometers away from Surfers Paradise, an entrance square, Oriental Secret Theme Park, Australian Legendary Theme Park, Color Zoo and other sections will be built to create a rich Australian culture and Oriental culture. Theme scenic spots and large-scale performing arts shows.

The Songcheng Performing Arts·Expo Grand Stage Reconstruction and Expansion Project is located in the Pudong Park of Shanghai World Expo Park, with a total investment of 830 million yuan. It is jointly constructed by Songcheng Performing Arts (accounting for 88% of the shares) and Expo Dongdi. After the renovation of the Expo Grand Stage venue, two indoor theaters, a multi-functional interactive space, and a market street embodying traditional ethnic customs will be formed.

Yangshuo. The Songcheng Tourism Construction Project and Guilin's "Eternal Love of the Lijiang River" Performing Arts Construction Project have a total investment of 802 million yuan. After completion, they will include a modern performing arts theater, a large-scale song and dance "Eternal Love of the Lijiang River", a science and technology amusement complex, Shijing Street, distribution square, entrance distribution hall and other supporting projects, Xinxi Street and other sections have become a comprehensive carrier for exploring and displaying the cultural roots and soul of Yangshuo's city.

The Zhangjiajie Qianqing construction project has a total investment of 645 million yuan. The main construction contents include performing arts theaters, science and technology experience complexes, ancient streets, commercial and living supporting facilities, etc. It is planned to create a brand new tourism, cultural and holiday project.

Performing arts technology improvement and technological interaction projects include three components: the "Eternal Love" series performance improvement and rectification project, the Hangzhou Songcheng Scenic Area scientific and technological transformation project and the immersive VR interactive experience project, with a total investment of 320 million yuan.

The "Tree House Girls" project of the large-scale performing arts women's day troupe has an investment of 220 million yuan. It will focus on the theme of "New National Style" and focus on performing arts. It will focus on professionally produced large movies and online dramas online, supplemented by albums, MV's, and online live broadcasts. Based on Songcheng Performing Arts 'own platform and third-party channels, we will continue to connect fans, gather audiences, and monetize traffic with high-quality hit works to create a representative "national style" women's group.

The issuance plan states that the company's raised funds and investment projects are in line with the company's development strategy of "Six Song Cities"(Performing Arts Song City, Tourism Song City, International Song City, Internet celebrity Song City, IP Song City, Science and Technology Song City). Investment and construction are carried out closely around the company's strategy. After the implementation of the project, it will help deepen the company's strategy and improve the company's core competitiveness and profitability.

Editor: yvette