Xian Hai Technology 33-year-old president of the death: Light Media premium 16 times times investment

October 5, Guangzhou Xian Hai Network Technology Co., Ltd. (hereinafter referred to as Xian Hai Technology) issued obituaries, the company president Zhang for several days of overwork, on September 26 two o'clock in the morning heart attack died at the age of 33 years. Beijing century Jia Xiao Technology Co., Ltd. Senior economic advisor Ziqing told the Daily Economic news reporter, Zhang should be responsible for a lot of work, but also reflects the extent of the company's dependence on it. At the beginning of May, light Media issued a notice that the proposed 230 million yuan to acquire some of the shares of the technology and increase capital, the project will be held after the completion of the 20% equity. Peng, director of Media Research and development, and others in the industry pointed out that the game company was a high-priced acquisition often accompanied by high performance commitments, which further increased the game industry personnel, especially executives pressure. And once the management team changes, will be to include the game company, including the creative enterprises to create a big impact. The company's gaming business has been bullish this year, the light media into the game industry, intends to hold Jefen network and Guangzhou Blue Arc, and share the fun and Xian Hai technology, a total cost more than 770 million yuan. Light Media announced that the price of the transaction is based on the overall valuation of Xian Hai technology after 1.15 billion yuan as a basis multiplied by the corresponding shareholding ratio. Xian Hai Technology has more than 10 years of experience in game research and development of the core talent, and is well-known ace producer personally led the core team to start more than 10 years. Founded in 2008, Xian Hai Technology, registered capital of 10.01 million yuan, committed to large-scale network game research and development, product line involving large-scale client game development, new concept of web game development, mobile games. Xian Hai Science and Technology official website shows that in the seventh session of the Web games and mobile Games summit, the company and its three games a total of six awards, including Zhang himself to get the 2013 best web game of the man. "Daily economic news" reporter found that 2013 cents Sea science and technology of the main business income and net profit of about 160 million yuan and 57.35 million yuan, while the Jefen network, Guangzhou Blue Arc and the same time the main business income and net profit total of about 47.47 million yuan and 11.16 million yuan respectively. Film critic Zhaoke pointed out that the light media to buy four consecutive games animation company, and Xian Hai Technology in product research and development, industry influence or profitability is a leader, immortal Sea science and technology president of the death, or the light of the media in the game area of strategic layout to form a certain impact. "Creative enterprises, including game companies with the characteristics of ' light assets ', the research and development staff, especially the executive team responsible for specific business, will have a significant impact on the company's performance in the event of a change in personnel, which has precedent in the gaming industry," he said. "Analysys International analyst Shillon said. Light Acquisition Premium 16 times times "Daily economic news" reporter noted that the Xian Hai Technology in a recruitment website posted on the recruitment bulletin, continued to update until October 6. In the employment standards mentioned, the company's rapid development, the quality of personnel requirements strict, pressure and challenges coexist. "The domestic game market is developing very fast, hundreds of billions of dollars of scale, but due to many game companies, game product lifeThe cycle is short, and there is the phenomenon of piracy, plagiarism, coupled with the low cost of conversion players, the game industry is very competitive, research and development personnel, especially the executive team every day seems to have a ' jack ' on the shoulder. "Shillon said. Zhaoke added that in recent years, some high-growth gaming companies were particularly popular with the capital markets, but at the same time as "married" at high prices, the executive team faced the pressure to complete high performance commitments. Reporter found that light media to the Jefen network and Guangzhou Blue Arc promised the next three years to achieve net profit or after-tax net profit of about 132 million yuan and 100 million yuan, but last year, Guangzhou Blue Arc also in the loss, Jefen network net profit is only 3.83 million yuan. Although the light media did not mention the future performance commitment of the Xian Hai Technology, the 1.15 billion yuan evaluation of the overall valuation is based on the future profitability of the Xian Hai technology. At the end of last year, the net assets of the Xian Hai Technology are 68.17 million yuan, which means that the premium rate of the above mergers and acquisitions in light media is about 1587%. "Peng said. Xian Hai Technology also said in the obituary, President Zhang's death from the days of overwork, which again caused investors to "overwork death" concern. In fact, "overwork death" in the IT sector is not uncommon. In the early hours of July 26 this year, Huawei Heiss Wireless chip Development Minister Wang Jin suddenly died after a coma, only 42 years old. Today, China has overtaken Japan to become a "dead" country. Statistics show that the enormous work pressure and its impact led to the annual "Death of Labor" number of 600,000 people.