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Zhongnan culture invested 668million to buy 90% equity of Aurora network and enter the Internet game industry

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Zhongnan culture announced on September 8 that it plans to spend 668million yuan to acquire 90% equity of Aurora network held by Dai Zhili and others and enter the Internet game industry by issuing shares and paying cash.

Zhongnan culture announced on September 8 that it plans to spend 668million yuan to acquire 90% equity of Aurora network held by Dai Zhili and others and enter the Internet game industry by issuing shares and paying cash

original title: Zhongnan culture spent 668million yuan to expand the Internet game industry

Zhongnan culture announced on September 8 that the company plans to spend 668million yuan to acquire 90% equity of Aurora network held by Dai Zhili and others and enter the Internet game industry by issuing shares and paying cash

according to the acquisition plan, the cash payment for this transaction is 267million yuan, and the payment for issuing shares is 400.95 million yuan. The company plans to issue a total of 21.58 million shares to Aurora network at the price of 18.58 yuan / share

according to the data, Aurora network was founded in 2014. It is a well-known Web Game Developer in the industry, and has successfully developed high-quality games such as Chaos Battle domain and Wu Shen Zhao Zilong. According to the data, in December 2014, the first month of the launch of chaos domain, its opening number ranked fifth in the opening list of that month, and in 2015, the opening number of chaos domain ranked 12th in the opening list of all web games. In April 2016, "Wu Shen Zhao Zilong" ranked third in the first month of its launch, and from January to June 2016, "Wu Shen Zhao Zilong" ranked fifth in the list of all web games. As of the end of June 2016, the total flow of the two games, Chaos Battle domain and Wu Shen Zhao Zilong, had exceeded 400million yuan and 180million yuan respectively

according to the financial data, Aurora network achieved an operating revenue of 53.9786 million yuan and 31.8789 million yuan in 2015 and the first half of 2016 respectively, with a net profit of 40.1838 million yuan and 19.1474 million yuan respectively. According to the performance commitment, the net profit of Aurora network will be no less than 55 million yuan, 68.75 million yuan and 85.9375 million yuan in 2016, 2017 and 2018 respectively.

Zhongnan Culture said that after the acquisition, the company supplemented the online game content board The short board of the industrial chain of block has the ability to independently develop and operate online games

editor: Yvette

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