The grand network sues again the wave Shun Rong shares buys 37 plays the future to be unpredictable

Source: Internet
Author: User
Keywords Shares acquisitions
Peat peat, Shun Rong shares (002555, shares bar) (002555. SZ) not only into the situation of decline in performance, once wanted to acquire the underlying assets also involved in a tort dispute. A few days ago, shun Yung shares issued a "Progress notice on litigation matters": the company intends to acquire Shanghai 37 Play Network Technology Co., Ltd. (hereinafter called 37 play) because of counterfeit disputes by Shanghai Shanda Network Development Co., Ltd. (hereinafter called Shanda Network) prosecution, the proceedings of the progress of the Royal network in the update of the "indictment" The compensation for the economic loss of 37 plays in the claim has been adjusted to 65 million yuan, while the other claims have not changed. It is noteworthy that the Royal Network also added Guangzhou Xian Hai Network Technology Co., Ltd. (hereinafter referred to as Guangzhou Xian Hai) and Chengdu Molong Technology Co., Ltd. (hereinafter referred to as Chengdu Molong), respectively, as the defendant of this lawsuit. Shun Yung shares Dong Zhang told the 21st century economic reporter, the additional two companies are game developers, "we acquired 37 play is only the operating platform for the game, if there is tort piracy, Shanda network should go to the game developers to negotiate, 37 play as the defendant is not justified." Be "hidden" risk shun Rong shares in the announcement that "because the relevant proceedings have not yet been heard, the company and the transaction of the 37 play not bear any fees, the progress of the proceedings of the company and the transaction of the target of 37 play the current period of profit or profit has no effect." However, a private equity manager told the 21st century economic reporter, Shun Yung shares in the previous acquisition of 37 play in the announcement did not hint about the risk of copyright disputes, "The grand network can so selectmen to sue 37 play, must be the grasp of sufficient evidence, And this kind of game copyright dispute should be indicated in the risk hint, otherwise how can investors judge the real risk of acquiring the object? "In this respect, Zhang said in the disclosure of the purchase of 37 of the draft, the Royal network did not prosecute it," Moreover, 37 play is only a game platform, itself does not exist in the development of the game of infringement possibilities. The game is the developers themselves to do, if there is tort, Shanda network should sue game developers, which is why this lawsuit progress, the Royal network of additional prosecution two companies reasons. "In Zhang's view, there is no hint of copyright risk in the draft, there is no infringement at present," the court has not yet sentenced, and the second is that they buy "the game copyright is to see the state issued a patent certificate, there is no counterfeit risk", so no hint. 21st century economic reporter called The Royal Network of Public Relations Vice President Zheng Yinghui, she said the Grand Game Communication Center General manager Liu Eagle is most familiar with. But Liu Hong's mobile phone has never been answered, the 21st century economic reporter to send text messages to express their intention, as of press fashion did not get a royal network of any response. "37 Play This kind of page tour operation platform, itself does not have the research and development ability, other research and development business promotion on its platform The game is apt to fall into the copyright dispute." "If the company's earnings prospects are wide," said the private equity manager,Wide, "the previous acquisition of the network pioneer, game Valley, winger, such as page tour companies, why will have to sell the sleeve now?" "Investors have already" paid the bill. In fact, since the listing in 2011, Shun Wing shares of the performance has been declining year by day, the company has been hoping to find a new industry for strategic transformation. The latest annual report shows that after deducting the non-recurrent profit and loss, Shun Rong shares 2013 years of net profit of only 967,500 yuan, down to 91.69% year-on-year. "This is mainly because the entire auto industry last year, our customers are mainly Jianghuai, Chery and other manufacturers, their sales decline, we will inevitably be affected." "In this respect, Zhang explained," Independent brand car sales ratio and the price of the whole car drop, which led to the company's main products plastic fuel tank sales and sales revenue decline, so the company needs to choose a new strategic transformation direction. In addition, Shun Rong shares IPO project "1.2 million fuel tank project" in 2013 only achieved 3.5218 million yuan, and did not achieve the expected benefits. Under the strategy of diversified development, 37 play into the high level of Shun Rong shares in the study. The head of a Shanghai online gaming company told the 21st century economic reporter, 37 play before is not intended to sell Shun Rong shares, "the earliest talk is Datang Telecom (600198, shares bar), and then the price did not talk about good, just shun Rong shares there is urgent demand, 37 of the shareholders to play the homeopathy to sell Shun Rong shares." "In the above games, the head of the company, 37 play is the Web game industry transport platform, and there is no research and development entities, its own listing is difficult." On the other hand, the impact of the tour on the page is very large, 37 play the future of the road only to be acquired: "While the price is good when the package is now on the strategy, for Shun Rong shares, bought 37 play not hold a golden." The cost of developing a page has been 10 times times over in 4 years. In fact, not only the developers, platform costs have also increased, many of the page tour platform in the sigh of money is not so good to earn, now put several times of advertising, the harvest has not been more than before. Zhang said, 37 play the original shareholder has performance commitment, "can not reach will be compensated, like this grand network lawsuit, itself this two game in 37 play the income is not high, even if lost a lawsuit to lose money, will not affect the company's performance." "Before, the acquisition of 37 play 60% shares of the news once released, in October 2013 brought 9 trading board, also makes the Shun-Rong shares from the acquisition of the former 10 yuan to the current 47 yuan." "Even if the takeover fails, the capital premium that shun Yung shares with the takeover message is enviable." The appeal's private equity manager bluntly said, "in the absence of a takeover and a lawsuit, Shun Yung shares can also soar to the present situation, it is really puzzling, I can only say that 37 play is not sold to shun Rong shares, but sold to a a-share speculators, and the ultimate bitter fruit will be borne by them. "(Edit Chenhao min)
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.