Shun Yung shares announced the acquisition of 37 tour manufacturers play

October 9 News, Shun Yung shares (Securities code: 002555) announced today that the acquisition of 37 tour manufacturers to play (hereinafter referred to as 37wan). Shun Yung shares will be 1.925 billion yuan acquisition of 37wan 60% shares, the acquisition price equivalent to 37wan 2013 net profit of 14.55 times times PE.

It is noteworthy that Shun wing is a company engaged in the production of automotive parts A-shares. Shun Rong shares announced that since 2011, the domestic car growth has slowed markedly, the company's management in the continued development of the original main industry, the hope to seek appropriate opportunities for transformation and business areas, in order to reduce the volatility of operating performance, the formation of a complementary business portfolio, to create a new profit growth point.

It is reported that the acquisition of 75% of the price by the listed companies to issue shares of the way to pay, 25% of the price to cash and by the listed companies to implement matching financing solution. In order to consolidate its holding position, the Wu family of the listed company's controlling shareholder intends to subscribe to 24 million shares of the listed company's Non-public offering in cash about 246 million yuan.

Shun Rong shares announced that 2013 1 to July 37wan operating income of more than 800 million yuan, net profit reached 114.6 million yuan. 37wan Commitment 2013, 2014, 2015, 2016 37 play the net profit of each year is not less than 220 million yuan, 300 million yuan, 360 million yuan, 432 million yuan.

It is reported that 37wan by Li Weiwei and had opened the day founded. Cumulative registered users of its platform has exceeded 250 million people, daily active users nearly 2 million, its platform to operate the total number of web game products more than 120, the first half of this year, Datang Telecom has announced the purchase of the company, after the two sides on the matter did not reach an agreement to terminate the negotiations, then Datang Telecom will be the replacement of the target to play entertainment.