LeTV Resolves 50% Discounted Shares of Gan Wei

On the evening of March 30, LeTV announced that, in order to solve the problem of competition between LeTou film and television, LeTV.com and GanWei consulted and LeTV.com planned to acquire a 47.8261% equity interest in Leyi film and television held by Gan Wei. After the implementation of the plan was completed, Gan Wei no longer held shares in Lesheng Film and Television.

It is particularly worth noting that in the acquisition plan, Gan Wei stated that voluntarily determining the consideration of this transaction as 50% of the evaluation value of the equity held by him, which means that LeTV will only use half the price, it will be extremely Nearly half of the shares in the high-quality film and video music are in the bag.

At the same time, the plan also clearly stipulates that Gan Wei will be the obligor of Los Angeles's profit promise for three consecutive years from 2017 to 2019. Within six months of the issuance of the 2019 annual audit report, the listed company will pay Gan Wei the balance of the transaction consideration after deducting the amount of compensation Gan Wei should make to the listed company (if any).

In response to the transaction, brokerage analysts said that Gan Wei voluntarily purchased nearly 50% of its shares held by Leyi Film and Television by being purchased by LeTV. He actively sacrificed his own major interests for the business of the listed company. Development has made important contributions and achieved the promise that prioritized prioritization of the interests of listed shareholders. At the same time, with the acquisition, the powerful self-control capability of Lexie Film and Television will also help LeTV.com's content eco-system. Lexon Film and Television will also cooperate with LeTV. Flowers, movies, and television constitute the strongest content matrix, helping LeTV to build the strongest content ecosystem.

Gan Wei voluntarily 50% off shares and make three-year performance commitment

Today, LeTV announced that the listed company intends to acquire a 47.8261% stake in the music and video media Co., Ltd. held by Gan Wei, which Gan Wei said voluntarily determines the transaction consideration for this project as 50% of its equity valuation. This means that LeTV will use only half the price, it will be an industry's fastest-growing cutting-edge film and television companies in the bag. According to the announcement, the current evaluation of the value of 100% equity of Leyi Film and TV is still in progress.

In this regard, the above brokerages commented that this is the best solution to solve the competition in the film and television industry. In this program, the interests of investors have been protected, and the interests of the staff of the Film and Television team have also been guaranteed. However, Gan Wei sacrificed her own interests. She made important contributions to the development of LeTV. At the same time, through this program We can also find that Leyi Film and Television has also made a three-year business commitment, and this transaction can only be successfully completed on the premise of achievement of the standard.

Although Gan Wei volunteered to reverse the consideration of the transaction, the acquisition still has a performance commitment. According to the announcement, the revenue commitment period of Leyi Film and Television is 2017, 2018 and 2019. The specific amount will be determined based on the assessment report.

According to statistics, Leyi Film and Television was established in June 2015. Its main business includes film investment, production and announcement; TV drama investment and distribution; artist brokerage; game development and operation. His most representative work is the phenomenal drama drama "Prince of the Prince", which was popular in 2015.

Leyi Film and Television Solution Team Incentive Problem Ensures Good Quality of Acquisition Target

In order to encourage the team, prior to this transaction, Leyi Film and Television made a share change, among which Gan Wei and Weixing Film and Television transferred the 45% equity in the hands to the Youyi Cultural Center. At the same time, from this announcement, we can also see that the music videos that have been established for less than 2 years have been sought after by the capital. The announcement shows that before the transaction, Leyi Film and Television has also been affected by CDH Investment and MING Meng. Film and TV and Le Sen investment are buoyant.

After the above two equity transactions, the equity structure of Leyi Film and Television was 47.8261% for Ganwei, and 39.1304% for Beijing Youyi Cultural Center. The shares of CDH Investment, Yanmeng Films, and Lesen Investments were respectively 8.6957% and 2.6087%. 1.7391% of the equity. After the completion of the acquisition, LeTV will result in a 47.8261% stake in LeTV Films.

The above sources stated that increasing the incentives of the music team will fully mobilize the enthusiasm of the music and film team and fully protect the high quality of the listed company's acquisition targets. This is not only to affirm the team of the company, but also to protect the interests of listed companies. .

Le Hao film and television to create a fine head content music as the construction of the most complete film and television industry chain

Speaking of music and video, I have to mention that it was the network drama "Prince's promotion", it is understood that when the "Prince's promotion" closed, investing nearly 20 million yuan in net drama hit a super 26 Billion's broadcast volume, this achievement not only shocked the industry, but also made the “Prince's Promotion” become a phenomenon-level work in the drama.

At present, Leyi Film and Television has launched two highly distinctive typed integrated programs, “Cui Shen Dao Dao” and “Grandma Say”, and completed the fantastic system of “The Cloud of Xuanyuan Sword”, a super-drama “My dear. The production of Archimedes, a large-scale costume comedy "Mom and Drive" is also under intense tension. For this year's work, Gan Wei said that creating and producing "excellent head content" and making efforts to produce is also the most important task in the future. ''

Undoubtedly, the strong self-control capability of Leying Film and Television will be beneficial to the construction of LeTV's content ecology. According to industry analysts, music videos, flower videos, and future music videos will form a powerful content matrix. This will not only enrich the content of LeTV.com, increase the value of membership, and promote users to achieve better reading. Experience; more importantly, the Internet content ecosystem formed by Leyi Film and Television, LeTV Films, and LeTV will be a major revolution in the content of the video website. It will help LeTVnet to create a set of self-made movies and TV dramas and movies. + Animation + Variety Arts is the most comprehensive content industry chain.

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