Yuewen Group: Further acquisition of 28.22% equity stake in Yihua Kaitian

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Abstract generation in progress
Mars Finance News: On June 2, it was announced on the Hong Kong Stock Exchange that Yuewen Group entered into an equity transfer agreement with Shanghai Hongwen (the company’s Chinese operating entity, as the buyer) and Linzhi Lichuang (as the seller). Pursuant to the agreement, Shanghai Hongwen conditionally agreed to acquire, and Linzhi Lichuang conditionally agreed to sell approximately 28.22% of the equity interest in the target company Wuhan Yihua Kaitan Cultural Communication Co., Ltd., for a consideration of RMB 400.78 million. As of the date of this announcement, the company held approximately 31.48% of the equity interest in the target company. Upon completion of this equity transfer, the company will hold an aggregate of approximately 59.70% of the equity interest in the target company. (Company Announcement)
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CandleAfterTheRain
· 2h ago
After the Three-Body Problem animation received negative reviews, Yuewen still dares to take on the project, showing some courage.
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RetroRadioWaves
· 4h ago
Yuewen + Yihua, the path to turning online literature IP into animations has been paved.
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0xSecondThought
· 4h ago
Tencent internal integration, Linzhi Lichuang exits, Yuewen rises to prominence
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