Perfect time for 52.4 million dollars to buy back stock

⊙ reporter Win Ting 2nd morning, the perfect time and space limited liability company announced the signing of the agreement, will be about 52.4 million U.S. dollars to SoftBank Asia Investment Fund II ("soft silver Race rich") repurchase about 1.203 million shares of company a common stock and about 11.296 million shares of the company B-Class shares. Prior to the July 2007 IPO, SoftBank invested in the company's a-series convertible preferred Shares, which were automatically converted to a common stock of Class A in the IPO, some of which were further converted into Class B common shares of the company. It is reported that perfect time and space each class A common stock has 10 voting rights, each Class B common stock has one vote.　　Perfect space-time each American depository stock currently traded on the NASDAQ Global Select market represents five shares of Group B common shares.　　Perfect space-time chairman and CEO Chi said it is now a good time to buy back the company's Class A and Class B common stock. News on the day, by the U.S. stock market, such as the impact of the news, the U.S. listing of the Chinese concept stocks almost all the big rise.　　Among them, the perfect time and space price closed at 22.55 U.S. dollars, the increase of 6.42%. At the same time, the perfect space-time says, the film and television dramas that are invested by its subsidiaries will be released during the summer. There is no positive response to the perfect time and space for the repurchase of shares that means the company is preparing for a more diversified development strategy.