Song Wah Cable issued a notice claiming to be a duplicate, raising no more than 3.3 billion yuan

March 9 News, the song Hua Wired recently issued a notice, the company shares will be on the March 9 recovery card. According to the announcement, the company will increase the price of 14.95 yuan/share to CITIC Securities, including 9 specific objects issued no more than 221 million shares, raise not more than 3.3 billion yuan, after deducting the issue cost the net amount of raise funds will all devote to the high quality copyright content platform construction and the cloud service platform upgrade and the application expands two projects.

High quality copyright Content Platform construction project, funds are mainly used in movies, TV dramas, anime, internet dramas, variety shows, new media and other high-quality content copyright integration and purchase, to support High-definition Interactive digital TV platform, TV, Internet TV, mobile TV and other new media business development and the whole media copyright distribution. Cloud services platform upgrades and applications expansion projects, including the full media application aggregation cloud service Platform upgrade sub-project, song Huayun game platform upgrades and application development subprojects, large data analysis system upgrade sub-projects.

According to the announcement, after the completion of the release, regardless of the song Hua Wired convertible bonds to the situation, the controlling shareholder of the North Canton Media Investment Center holding the proportion of the company's shares of 40%, the actual control of Beijing radio and television will be through the North Canton Media Investment Center, Beijing Cable all-day TV shopping and Beijing Broadcasting Company indirect holding company shares ratio of 41.32%, the company's controlling shareholders and the actual control of the people unchanged.

The issue is the Beijing North Canton Media Investment and Development Center, Beijing Broadcasting Company, BRIC Road Investment (Shenzhen) Partnership (limited Partnership), China Film Co., Ltd., hundred-Vision New Media Co., Ltd., Citic Investment Securities Co., Ltd., CITIC Securities Co., Ltd., new Lake Zhong Bao Co., Ltd., Jiangxi Province Radio and television Network Transmission Co., Ltd.

Previously, as a result of the planning of the Non-public issues, Song Wah cable stock since January 28, 2015, the continuous suspension.