Kunlun Worldwide Investment and force Chen Light, increase on the film IP layout

The Kunlun World March 20 evening Notice that the company signed an increase in the agreement and shareholder agreement on March 19, the company total to and force Chen Guang International Cultural Media (Beijing) Limited ("and Force Chen Light") investment 60 million yuan, in order to obtain and force Chen light to increase the completion of the 3% equity.

And force Chen is the well-known IP value-added service platform in China, the company is a screenplay creation and adaptation platform, film and television drama investment platform, film production platform, film and television production supervision service platform, new media, film and television drama development and production platform, integrated marketing service platform in one of the film and television investment Group, is committed to building the entire industry industrial process, Service standardization, production standardization. It has been successfully made (including joint) and produced film and television works include "Small Time", "small Age: Aoki era", "small age 3: The Age of Gold Thorn", "Old boy Dragon over the river", "return", "flying over the old people's home", "Peiping no War", "where Dad go 2", "Wolf Totem" and so on. 2015 and Chen Guang plan will launch the "Papalachi", "Small Time 4" series of film works, as well as all kinds of TV dramas, internet dramas and so on.

According to the agreement, and the power of Chen Guang and the film is expected to 2014 and 2015 pre-tax net profit of 40 million yuan and 150 million yuan respectively. If the actual net profit of 2014 and 2015 is less than the sum of the estimated net profit and the difference is greater than 10% (10%) of the estimated net profit, the company shall have the right to demand that the valuation of the company be lowered and adjusted accordingly.

Kunlun World, said that the main reason for the transaction is bullish and the development prospects and investment returns, and through this investment into the film and television field, further expand the company's business areas. According to the company regulations, the amount of foreign investment in the general manager to determine the scope of authority, without the board to consider the approval.

From the former Kunlun World won the "Angry Birds" IP hand-travel development and operational authorization to see, in favor of the Kunlun global expansion of mobile phone game independent research and development process, with the help of "Angry Birds" in the international market a great influence to further expand global market share, especially in Europe and America.

and the acquisition and force Chen Light, involved in film and television, with the help of well-known IP game rise influence, increase the IP layout, is also the current Kunlun worldwide important step.