Leo shares mergers and acquisitions MEDIAV transformation Manufacturing + Internet dual Platform

This reporter in Huanghua town for assets of the one-month suspension of the shares of the euro in the announcement today, will be its own funds and bank loans, a total of 344.45 million yuan to acquire Zheng, Jingling and Guo Three natural persons held in Shanghai Cool Advertising Co., Ltd. ("Shanghai Cool") 85% of the equity. At the same time, Leo shares will be Shanghai's cool wholly-owned subsidiary of Shanghai Ju Sheng million Advertising Co., Ltd. (Media V) to provide 150 million yuan to support its continued expansion of business. March 17, the company's shares will be a duplicate trading. According to the Asset acquisition agreement, the Equity transfer party has promised the Shanghai city of Cool in 2014, 2015 and 2016 respectively to achieve not less than 47 million yuan, 60 million yuan and 73 million yuan deduction after net profit. At the same time, after the acquisition of 85% Equity, if the Shanghai cool 2016 annual after-tax net profit to meet or exceed the agreed target for the year performance commitment of 90%, Leo will buy Shanghai cool remaining 15% shares in 2017. Leo shares announced that in recent years, Shanghai has been a cool sales jump growth, 2013, Shanghai Cool total revenue (combined statement caliber) for 880 million yuan, an increase of 30%, net profit in the previous year's-13.91 million yuan to 26.89 million yuan. The announcement shows that Shanghai Cool Advertising Co., Ltd. mainly in its wholly-owned subsidiary of Poly Sheng Wan (Media V) for the platform to carry out business. Media V is a leading digital marketing company focused on providing integrated marketing services for digital media (Internet, mobile Internet, smart TV). At present, Media v's business to internet advertising, network image design, network public relations, media relations, network activities, such as the promotion of digital marketing business. Among them, the Internet advertising business in the company's business composition accounted for relatively large. 2013, Media v in the "Internet Weekly" released by the "Chinese network advertising company TOP50" ranking ranked sixth, is in recent years the fastest-growing digital marketing companies in the industry. According to the CCTV market research company (CTR) February 2014 report, the domestic Internet advertising in 2013, more than 40% of the growth, the main force is the home appliance business. Media V has an obvious advantage in this field. The announcement shows that Media V is the largest power provider to provide integrated marketing services to the digital marketing agencies, at present, China's top 50 major electric network sites are more than 70% of its customers, such as Jingdong Mall, Ishun, 1th stores, only goods will. Referring to the purpose of the acquisition, Leo shares that the company's business areas have been from the pure civil pump business extended to the industrial pump business, the company's growing size. However, to create tens of billions of yuan sales of enterprises, to create more wealth for shareholders, the company must be in the existing business, the implementation of "epitaxial" development, cultivate a new profit growth point. After careful study, the company decided that the Internet-related industries as the company's future business development and foreign investment in the important direction, the company will implement a series of investment, mergers and acquisitions projects, to createThe entire business chain of the internet industry. In recent years, traditional manufacturing companies "net" movement frequently, an Internet analyst told reporters that on the one hand, the various industries to seek the integration of the Internet model has become a major trend, the traditional manufacturing industry began to learn internet thinking. On the other hand, the growth of the Internet industry has also attracted a bullish outlook on the way capital entered. At the same time, the new capital also promoted the further development of the Internet industry. Leo shares related Personage said, this acquisition is the company to the Internet Business transformation important strategic move, after the acquisition completes, the digital marketing business will become the company Internet Business section The first piece of puzzle. Based on this, the company's main business will be the general machinery manufacturing to the Internet business area of gradual expansion, in order to form a "mechanical manufacturing + Internet" Dual main industry trends, for the company to cultivate new profit growth. A senior financial person believes the Leo stake in the company is worth a premium for an internet firm with a fast-growing revenue and net profit and a 2013-year revenue of over 800 million yuan. At the same time, the listed companies 2013 net profit of about 56 million yuan, the acquisition will also increase the performance of profits European shares.