Six rooms sold 2.6 billion yuan, Liu: we want to be big entertainment

Something big is happening at night. Just now, eight elder sister saw a magical domestic listed company issued a notice, said, 2.6 billion yuan acquired six rooms.

NI, 2.6 billion yuan Ah! Say eight elder sister and six room founder Liu relationship is not bad, in the mind is pondering, finally come out, ah, Liu prostitution wealthy rich. So, I hurriedly with Liu dozen a telephone, congratulations again congratulate Ah, sell is good thing!

Behold Liu's head came to a sentence, which is sold Ah! It's a new beginning. It's not a prostitute.

Liu said: "Where did I get the money?" I changed the shares of the six rooms into song performing arts and couldn't sell them. Six rooms were merged into song performing Arts. Song overall to the Internet transformation, we are six rooms is the window, is the starting point, we have to do big entertainment, and then have to buy, I have to do a good job Ah!

Eight elder sister said, Emma, this is also sell Ah, can not be independent of the listing, do you have a little loss in mind?

Liu calmly said, life is long, this is where to where ah? There are a lot of subversive opportunities, we'll see.

Eight sister asked again: How to think up and song Performing Arts merged? I've never heard of this company.

Liu said: "That only means that you are too ignorant, song performing Arts is the first place in the domestic line performance." Song and we touched, think one is the boss of the online performance, one is the boss of the line performance, this merged the development potential is huge. Moreover, the listing abroad, the valuation does not go, foreign people do not understand our business model, in the domestic market, a high P/E, a transition to the Internet, the share price will rise. How good is that?

Eight sister asked: How long have you been talking?

Liu said: "Talk about four or five months, time is not long, very fast on the set."

Eight elder sister asked again: "Others song is the domestic listed company, take is the renminbi, you seem to melt several rounds of dollar bar, this time song buys the stock of dollar is also very troublesome?" (checked, six rooms seem to have melted 3 rounds, investors include joint venture sources, Highland Capital and LB, financing amount of about 47 million U.S. knives.) )

Liu said: "Okay." This time song bought all the shares of the foreign investors and let them all out.

Eight elder sister also asked (Khan, my question for Mao so much pinch): After this merger have what feeling?

Liu said: "Nothing, new opportunity, still have to refuel dry Ah!"

duang!

Finally, eight elder sister had to say, Liu Six room of the entrepreneurial process is twists, from the earliest video site to burn money to a large number of layoffs, and then into the online performance for several years, now this is indeed a good news ah. Liu is one of the few frank and sincere CEOs I know, and eight sisters also feel that the opportunity to merge with Song Performing Arts is big, well, congratulations.

Enclosed is the news of song's six rooms for your reference:

Song Performing Arts March 17 evening release of the reorganization plan, the company intends to cash and issue shares of the way to buy song group, Liu, and other 8 natural shareholders of the total holding of six rooms 100% equity, and raise supporting funds. The company's shares will be licensed on March 18.

The program shows that six rooms 100% equity audited book net assets of 37.784 million yuan, the use of income method after the evaluation of net assets value of 2.614 billion yuan, value-added rate of 6818.24%. According to the friendly consultations between the parties to determine, six rooms 100% equity price of 2.6 billion yuan, after the song group in this transaction to provide bridging funds involved in the cost of capital and has enjoyed the adjustment, six rooms 100% equity transactions priced 2.602 billion yuan.

Among them, the song group held six rooms 62% shares of 1.614 billion yuan, the company will pay the song group in cash to deal with the price, Liu and other 8 of the total exchange of six rooms held 38% equity value of 988 million yuan, the company intends to 27.07 yuan/unit total issue about 36.498 million shares to pay the price. In addition, the company intends to issue shares of not more than 5 specific investors to raise supporting funds of not more than 650 million yuan, all to pay for this transaction cash on the price.

According to the introduction, The six rooms operate www.6.cn, the internet Performing arts platform, to encourage users to display their talents and knowledge in the six-room network studios, to give users more scope for attention, and to be free to interact with anchors and other users, and to be an Internet entertainment social platform based on the relationship between civilian artists and fans. According to Iris Iusertracker data, with 2014 years average monthly active user count, six rooms are currently China's largest internet performing arts platform website. As of December 31, 2014, the total number of registered users of the six-room internet performing arts platform was about 30 million, and the number of active users in December 2014 was about 24 million.

As at the end of 2014, six rooms total assets of 77.7114 million yuan, net assets of 36.9798 million yuan, its 2013 and 2014 respectively to achieve operating income of 281 million yuan, 446 million yuan, net profit of 41.8313 million yuan and-47.0225 million yuan. According to the company, Song Group, Liu and other 8 natural person shareholders and Cayman Company signed the "Performance Commitment and Compensation agreement", six rooms 2015 to 2018 forecast net profit of 151 million yuan, 211 million yuan, 275 million yuan and 357 million yuan respectively.

Song show that the company through the acquisition of Internet entertainment industry leading enterprises, in order to hold high the way into the great growth potential of the internet performing arts industry, greatly enhance the company's long-term growth space; second, both sides have strong internet thinking and online ability, business and brand, such as high synergy, through effective integration, Song Performing arts and six rooms can greatly enhance the brand and resource strength of both sides, for offline and online users to provide richer, more high-quality entertainment consumer products, so as to enhance the all-round competitiveness of both sides, greatly extend the business boundary; Finally, learning and drawing on the Internet experience of six rooms, Song Performing arts can better use the Internet thinking to improve and even subvert the line of operation and expansion strategy for the line under the growth of the performing arts sector to bring new impetus.