Huayi Brothers on the strategic map of the next son

Abstract: Huayi Brothers in their strategic map of the next son, extended upward to the film server industry. Huayi Brothers yesterday noon announcement, November 19, the company wholly-owned subsidiary Huayi International Investment and CAG Digital investment Holdings 2¥q (hereinafter referred to as CAG Company) signed

Huayi Brothers in the strategic map of the next child, extended upward to the film server industry.

Huayi Brothers yesterday noon announcement, November 19, the company wholly-owned subsidiary Huayi International Investment and CAG Digital investment Holdings 2¥q (hereinafter referred to as "CAG Company") signed the subscription agreement. Huayi International investment Plan buys 23.253 million common shares of GDC Marvell 2¥q ("GDC technology company") to CAG company at the transfer price of USD 20.916 million, which accounts for 9% of the total issued shares of GDC technology company at the time of delivery, and the two sides agree, The proportion of the shares will be based on the implementation of the 2012 and 2013 targets of GDC technology company and the distribution of relevant stock options of GDC technology company. Upon completion of the transaction, Huayi International investment has the right to nominate 1 directors to the board of the GDC Technology Corporation.

Reporters from GDC technology company learned that GDC is headquartered in Hong Kong, China, the main products for the digital cinema screenings used in the film server. Its market share in the Asian region ranked first, and the second was the US company.

Huayi Brothers said that the company's participation in the investment of GDC technology company will be in the film distribution, theater business development and internationalization strategy and so on have a positive role and impact.

Huayi Brothers is considered to be one of the most strategically minded companies in the film and television industry. This time again to the hospital line upstream extension, some brokerage analysts believe that the strategic significance is greater than short-term interest considerations, for the improvement of one of the industrial chain. With the help of GDC Technology's global network of clients, Huayi Brothers is expected to gain more reserves for the future sharing and expansion of the hospital line resources.