China strategy Film and television sprint pioneering board two gold medal writer into a multimillionaire

Http://www.aliyun.com/zixun/aggregation/22669.html "> Huayi Film Co., Ltd. (hereinafter called Huayi Film and Television) will seek to become the second film and television companies, the time will be June 28. Last October, Huayi Brothers, also from Zhejiang Province, had landed on the gem.

According to the prospectus, China strategy film and television to issue 14.12 million shares, 320 million yuan will be used for "supplementary film and television drama business Operating Capital project", the remainder as "other business related to the operation of capital projects."

Data show that the main film and television drama production, distribution and derivative business, currently has an annual output of 300 TV series production scale. 2009 the company as a production unit issued domestic and co-production TV series 6 249 episodes, market share by the number of sets and the number of departments are located in the second private production institutions.

Fumai holds 47.57% of the shares of China strategy film and television, and through the big Investment (89.46%) indirect shareholding 33.99%, which means that its total holdings of 81.56% of the company's equity; Fu's wife Zhai Fang as the general manager of China, mainly responsible for the company's specific business management, therefore, Mr. and Mrs. Fu were jointly identified as the company's actual controllers.

The audit report of Tian Jian CPA firm shows that the 2007-2009-year business of Huayi film is 56 million yuan, 105 million yuan and 166 million yuan respectively, which produce 23.5645 million yuan, 38.3035 million yuan and 55.4226 million yuan net profit accordingly.

According to the total equity calculation of 56.48 million shares after the issuance, the company's earnings per share (EPS) in 2007-2009 were 0.417, 0.678 and 0.981 yuan respectively.

Since the opening of the gem in October last year, the number of listed 88 gem companies and 3 fixed price earnings has averaged 51.17 times times, according to wind information statistics. From this, the corresponding company 2009 0.981 yuan earnings per share, the company price at about 50 yuan.

If the issue of 50 yuan per share, then the Chinese film and television issue 14.12 million shares are expected to raise 706 million yuan, which will be expected to raise the amount of more than twice times. Once the IPO is successful, the market value of Huayi film is about 2.5 billion yuan, which is far below the total market value of the Huayi Brothers at present, at RMB 50.

It can be referenced that Huayi Brothers offer a price of 28.58 yuan corresponding to the 2008-year static P/E ratio of 52.93 times times; As of June 24, the shares were closed at 37.9 yuan, corresponding to the 2009 static P/E ratio of 118.9 times times, according to the current 14 securities to give earnings forecasts 2010 earnings per share of about 0.477 Yuan, Huayi Brothers 2010 dynamic earnings ratio of 80 times times.

If China's film can be issued at 50 times times the static P/E ratio, this means that the Fumai couple's 345.5 million shares will be worth as much as 17.275 billion yuan.

Unlike Huayi Brothers, which is listed as a rich group of star performers and directors, the listing of the China Strategy film and Television will make the two famous writers become millionaires.

China strategy Film and television prospectus Disclosure, the company before the listing, the natural person Shing and Liu Champion respectively holding 211,824 shares, holding shares and China strategy film and television executives Cheng San De together from the Fumai hand in February 2009. The prospectus says the equity transfer price refers to the company's 2008 net worth.

Is praised as the first writer of the Shing, has taken the TV series "Iron Teeth Copper Teeth Ji", "Kangxi Sifang" and the film "Trinidad Walk Solo" of the writer, currently as the Chinese film Toupai "Love of the" screenwriter and producer work.

and Liu Champion (pseudonym Heng) is "chrysanthemum beans", "tears lawsuit" and "assembly number" of the screenwriter, the company Toupai "China Past" adapted from its novel "Cang River Daydream."

In addition, July 8, 2009, Zhejiang Business Ventures and Shanghai Six Wo to 34.0482 million yuan and 17 million yuan to subscribe to 4.242 million shares and 2.118 million shares of new shares, according to this price projection, two companies to share the cost of 8.03 yuan per stock.

China policy film once landed on the gem, it means that two companies in less than a year will achieve the value of 500% or more assets, which does not include a two-tier market premium.

And the above two famous writers and several other natural persons need to be locked for 12 months. The difference is that since the two companies are new shareholders in the 6 months prior to the application of the China Strategy film and television listing, they will hold a stake of 3 years.

When the sponsor was trained in mid-May this year, the responsible person of the gem issuing Supervision Department has reiterated the requirement of the stock lock, that is, the part obtained from the controlling shareholder (or the actual controller) within 6 months before the application is accepted, and the requirement of the controlling shareholder should be locked for 3 years and the new shares in the 6 months before the application It also needs to be locked for 3 years.