Relying on game revenue billion Huiyuan Technology (832028) new Sanbanxi listed set sail finance

Third-party payment in the field of fierce competition, UnionPay, Alipay and other leading to occupy more than 70% of the share, but with the increasing payment methods and innovation, some third-party payment companies are expected to be in the subdivision area. February 12, 2015, the field of online games outstanding Third-party Payment Enterprise Remittance technology (832028) listed new Sanbanxi. Hui Yuan Technology main to the Internet digital culture and entertainment industry participants, the Internet financial industry participants to provide platform services and payment solutions. Hui Yuan Science and technology, the first major shareholder "Wu Hongbin" a recent photo listing at the same time, targeted additional employee shareholders actively subscribe in the listing at the same time, the exchange of technology also implemented nearly 50 million of the increase in financing, to the original shareholders and the new institutional investors total issue 4.7172 million shares, set to increase the price of The author noted that the Hui Yuan technology has two institutional investors, respectively, Beijing Hui Yuan Zhi Cheng Investment Management Center (limited partnership) and Beijing Hongye Tiancheng Investment Management Center (limited partnership), the two investment institutions of the capital per capita for the exchange of technology employees. As the exchange of science and technology staff holding two investment institutions, the increase in the positive and actively subscribed to the 1.599 million shares accumulated nearly 16.7 million yuan, after the completion of the Hui-yuan technology staff shareholding ratio reached 9.35%. The author noted that the listing at that time, the buyer quoted 16.88 Yuan, more than the fixed increase in the price of 61%. The three main business features of the Internet are reported, at present in the whole business of the Hui Yuan Technology, the network game products related to the largest business, including the company's trump card payment products "June Cards" Peak had exclusive more than 90% of the internet gaming market. It is noteworthy that, because the company mainly provides payment and trading platform services, this business model without direct cost of the occurrence of the company's main business gross profit margin of 100%. The company's operating performance at present, the main business of Huiyuan is divided into three parts: payment business, agent business and platform business. The payment business includes prepaid card payment (June card) and internet payment (remit Bao) two block, the main business for the Internet digital culture and entertainment products, platform business mainly to customers charge transaction fees, annual fees and platform service fees. The author noted that the company in the first half of 2014 only the agent Tencent game to achieve the flow of water up to 326 million yuan, more than 2013 annual water 291 million yuan. Based on the game of internet finance according to the introduction of the science and technology, because the company entered the Internet digital Entertainment third-party Payment market for a long time, in the industry has a certain brand benefits, especially in the network game segment market, the company's June card and Alipay, belong to the first echelon. Company game customers including Tencent Games, the perfect World, giant network, Shanda network, such as hundreds of game operators, covering a wide range. In the game business field achieved good results, Huiyuan since 2014 began to focus on the Internet financial market, such as Bao is the company provided to the Internet Financial Enterprises third-party payment service platform, specifically for the internet finance industry tailored industry payment solutions.In addition, the company is in the network financing Peer-to-peer loan platform products as a business breakthrough, and further broaden the situation in the Internet financial market. As the new Sanbanxi plate of the first pure Internet and third-party payment companies, Huiyuan technology performance is quite good, I will continue to pay attention to.