Hunan, Hubei, invest heavily in Anhui radio and television will build its intelligent TV cloud terminal

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Text/Sohu It Tintin

Hunan-Hubei Restaurant Enterprises announced a new transformation plan. Xiang-e situation and Anhui Radio and television signed the agreement, Anhui Province family intelligent cable TV cloud terminal by the exclusive investment construction, the initial estimate of total investment of about 1.5 billion-2.5 billion yuan, this is the trans-boundary transformation of Xiang-e to invest the largest amount of money. At the same time, Xiang-e situation to the Chinese Academy of Sciences under the Division of the Chinese-day of the increase of 50 million yuan, accounting for its 45% stake.

This June, Xiang-e sentiment and Shandong radio and television to reach a cooperative intention, to promote the integration of three networks in Shandong Province, the construction of Home Wisdom Cloud Terminal Services market. Meanwhile, Mengkai, chairman of Xiang-E, said the company will also work with other provincial cable operators to help protect radio and television systems from competition from internet companies. At the same time, Xiang-e sentiment through the joint venture company Love Cat Technology, incorporated some of the original fast-seeding team.

Mengkai previously said to the media, the catering industry has no way to go, the company will peel off catering business, at the same time will be renamed as "Sino-branch Cloud Network", the future business will be involved in new media, large data, environmental protection, film and television, hand tour and other hot areas.

According to the data, as of March 31 this year, the money on the book of Xiang-e is only 92.8856 million yuan. In order to solve the cash flow problem, in May this year, the Xiang-e plan raised no more than $3.6 billion, of which 2.92 billion were used to replenish liquidity.

By the relevant good news of the stimulus, before the one-month suspension of the Xiang-e situation after the three consecutive trading day trading limit. However, in spite of the popularity of the capital market after the recovery of the Xiang-e situation, the second largest shareholder has reduced the number of 40 million shares after the license, accounting for 5% of the company's equity.