Huayi Brothers to continue trading on the 3rd

Sina Science and technology news July 26 morning, by the acquisition of the company's Silverside technology impact, suspension of the more than 40-day Huayi Brothers since July 24 since the resumption of the Board, 3rd in the gem trading, as at the time of the stock price of 38.01 yuan.

July 24 morning, the Huayi Brothers announced the announcement will be 672 million yuan price, the acquisition of Hand tour company Silverside Technology 50.88% Equity, Huayi Brothers need to silverside to sell shares of shareholders to the price of about 220 million yuan, while paying cash to the price of about 447 million yuan.

The move is seen as the diversification of Huayi Brothers into the online games, on the morning of 24th after the card is a word trading, the whole day to receive 31.41 yuan. 25th Huayi Brothers continued to limit the stock price, received 34.55 yuan, today opened also immediately sealed in the trading board, 38.01 yuan, the total market value reached 22.988 billion yuan.

Huayi Brothers believes that after the completion of the transaction, Huayi Brothers will be able to add a rich entertainment media resources to convert to profit channels. However, it is uncertain whether the actual conversion effect of the channel can achieve the expected best effect and the time required to achieve the desired optimal conversion effect.

According to Silverside sales shareholders and the company signed the "Profit forecast compensation agreement", Silverside Sales shareholders Promise Silverside Technology 2013, 2014 and 2015 respectively, the net profit of 110 million yuan, 143 million yuan and 185.9 million yuan, otherwise there will be default risk.

It is reported that the first half of 2013 Silverside technology more than 80% of the revenue from its flagship game "Time Hunter". The game is operating in good condition and its revenue is expected to continue to improve as the games are launched in other overseas markets. (Lin)