Pony Pentium sprint IPO PE burst to increase capital "last bus"
riding on the east wind of the great development of the cultural industry, the cultural media industry has ushered in the peak of listing. After Chinese film, Qingyu Film and Tele...
riding on the east wind of the great development of the cultural industry, the cultural media industry has ushered in the peak of listing. After Chinese film, Qingyu Film and Television, Great Wall Film and Television, another ldquo; film company & rdquo; Beijing pony Pentium Culture and Media Co., Ltd. (pony Pentium) has entered the public period of environmental protection verification. It is worth mentioning that in its final round of financing, more than 40 PE institutions participated in the bidding.
according to news from the Beijing Environmental Protection Department, Pentium Pentium plans to list and raise funds in China. the scope of verification includes the company and its subsidiaries in Beijing-Pentium Pictures, Pentium one Film and Television, Pentium Cinema Investment, Pentium Pentium Culture, Dragon Mawei Technology, Rimington Advertising, Pentium Pentium digital animation, publicity period from March 2 to 6. As for the specific listing plan, the company did not make further disclosure.
according to reports, Pentium Horse Group is an entertainment media group that invests in film and television, performing arts brokerage, advertising, magazines, and other fields; its business covers all areas of the cultural industry and has developed into a cross-media and diversified entertainment media group. The group's predecessor, Beijing New Rimington Advertising Co., Ltd., established in 1994, is now the exclusive agent of CCTV-2 "economy and Law", CCTV news channel "Global Vision", CCTV6 daytime and other column advertisements.
although the name of ldquo; pony Pentium & rdquo; seems strange, most people are familiar with the series shot by the company. Since its establishment in 1998, Pentium Pentium, a pony under the group, has been committed to the joint planning, investment, production and distribution of film and television works by film and television organizations, and has participated in investing in more than ten TV dramas such as "the Sky of History", "Sweet Honey", "my Brother is Shunliu" and so on. The company also put its tentacles on the big screen, spending nearly 100 million yuan on "Mulan", "will Love", "the Great cause of Party Founding" and other dramas.
in the context of film and television cultural investment in full swing, Pentium, the pony, with its steady development of industrial scale, good income and profits, has become an excellent target for PE. In March 2008, the company received a capital injection of US $40 million from the famous foreign capital PE Barings Asia. Then the withdrawal of Baling Asia also brought investment opportunities to more PE institutions. In March last year, the company's final round of financing attracted more than 40 institutions to participate in the bidding. This round of financing project is as high as 750 million yuan, led by the CCB International Film and Television Publishing Culture Industry Investment Fund. Kaixin Venture Capital, Xinzhongli, Qingke Venture Capital, Hanli Capital Hanli Prospect Fund and other venture capital.
this year can be called the ldquo; listing year of Chinese film and television enterprises & rdquo;, Hualubina landed on the gem on February 9, and Hairun Film and Television will be listed in Hong Kong soon. in addition to the pony Pentium, three film companies, Chinese Film, Qingyu Film and Television, and Great Wall Film and Television have announced the listing environmental protection inspection reports one after another in February, and they are all expected to land in the capital market this year. It is reported that a number of film companies, such as Ciwen Film and Television, Shanghai Film Group, and Xingmei Media, are also making strenuous arrangements for listing, preparing to take advantage of the east wind of cultural development to enter the capital market.