Tangshan Culture & Tourism Investment Group Co., Ltd. completed the acquisition of a 17.35% stake in Dasheng Times Cultural Investment Co., Ltd. from Zhou Zhenke and Shenzhen Dacheng Asset Management Co., Ltd.
May 09, 2024
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Tangshan Culture & Tourism Investment Group Co., Ltd. agreed to acquire a 17.35% stake in Dasheng Times Cultural Investment Co., Ltd. (SHSE:600892) from Zhou Zhenke and Shenzhen Dacheng Asset Management Co., Ltd. for approximately CNY 710 million on December 22, 2023. Tangshan Culture will pay CNY 7.35 per share as consideration. The transaction has been approved by Tangshan Municipal State-owned Assets Supervision and Administration Commission.
Tangshan Culture & Tourism Investment Group Co., Ltd. completed the acquisition of a 17.35% stake in Dasheng Times Cultural Investment Co., Ltd. (SHSE:600892) from Zhou Zhenke and Shenzhen Dacheng Asset Management Co., Ltd. on May 10, 2024.
Dasheng Times Cultural Investment Co Ltd is a company mainly engaged in online game business. The Company operates three segments: Online Game Business segment, Film and Television Drama Business segment and Other segment. The Online Game Business segment is mainly engaged in the research and development (R&D) and operation of computer client games and mobile games, such as The Peach Blossom Garden, The Fairyâs Carefree, The Battle of the Demon World and The Decisive Battle in Changsha. The Film and Television Drama Business segment is mainly engaged in film and Television planning and film and television production. The Other segment is mainly engaged in investment, asset management and other.
Tangshan Culture & Tourism Investment Group Co., Ltd. completed the acquisition of a 17.35% stake in Dasheng Times Cultural Investment Co., Ltd. from Zhou Zhenke and Shenzhen Dacheng Asset Management Co., Ltd.