Hand Tour developer Le Tease announces repurchase stock, 2015 scale development estimated to 40 billion yuan

Over the weekend, the hand-tour developer, Le Tease, announced that it would buy a 20 million dollar stake in a year.

Under the stock repurchase scheme approved by the Board of Trustees, it will repurchase 20 million US dollars in circulation of US depository receipts in the next 12 months. Stock repurchase will be conducted through open market and offline negotiation. The money to buy back the stock will come from the company's existing cash.

Le Tease said that as of December 31 last year, the company's cash and equivalent size of 149.9 million U.S. dollars, about 929.8 million yuan.

Chen Yuyu CEO, said the stock repurchase is out of the 2015 China's hand tour industry and the company's own confidence. In Chen Yuyu view, 2015 domestic hand Tour scale will reach 380 to 40 billion yuan.

It is understood that the music was officially listed in the United States last August, up to now its game covers the parkour, card, puzzle, tower defense, music, dance and other categories. Le tease aspect says, because Le Tease has been cooperating closely with the Disney art and so on the developer, has obtained many animation and the overseas game adaptation right and the distribution right, and has successfully transformed the hand to distribute the platform, anticipates 2015 the first quarter, the lottery revenue will reach 54.8 million US dollars, the year-on-year rise up to 95.4%