Cross-border VR: Renzhi shares 1 billion cash acquisition of Shuo Ying Digital
In the case of the continued decline in the performance of the main oil and gas business, Renzhi shares disclosed the cross-border restructuring plan early this morning.
Renzhi shares signed the "Equity Purchase Agreement" with the trading partners Shuo Ying Group and Hengli Investment, and plans to acquire 100% equity of Shuo Ying Digital in cash of RMB 1 billion. At the same time, it plans to raise 620 million yuan in non-public offering of shares to replace the previous period. The consideration for the purchase of self-funded funds.
Insiders analyzed that in the current Internet finance, film and television, games and VR become the focus of the regulatory review, Renzhi shares the use of "first cash acquisition, then increase financing" can reduce the risk of restructuring audit.
Shuo Ying Digital is a leading provider of digital imaging equipment and solutions for the consumer electronics industry. Its main products include motion cameras, panoramic cameras and other digital imaging products. The proportion of foreign sales accounted for more than 80% of the main business income of Shuo Ying Digital, of which the North American market and the European market are the main sales markets of the target company's products.
Xiaobian has something to say: As regulators continue to tighten the review of mergers and acquisitions, some companies have turned to cash acquisitions to avoid regulatory risks. Since the beginning of this year, more than a dozen companies have abandoned their fixed acquisition assets and changed to cash acquisitions. And cross-border into the VR industry is not only this one, even before there is news that Black Cat Food has also invested heavily in the OLED display industry.
Cable Reel Jacks & Trailers of various types including Cable Reel Stand,Cable Stand,Reel Stand,Cabe Reel Jack,Cable Drum Elevator,Hydraulic Reel Stand,Hydraulic Drum Jacks,Cable Reel Trailer,Reel Trailer,which is specially used for lifting up cable drum and paying off conductors in electric power line project.It is made of high strength steel with reasonable volume,light weight,easy to operate.By high quality steel materials and good design(elevating height can be adjusted according to different reels),this kind of Cable Reel Stand & Trailers can be durable and long service life.we are a professional Chinese exporter of Hydraulic Cable Reel Stand & Trailers and we are looking forward to your cooperation.
Yangzhou Qianyuan Electric Equipment Manufacturing & Trade Co. Ltd is specialized in manufacturing and trade of electric power line transmission tools. Our main products are Anti-twisting Steel Wire Rope,Stringing Pulley,Hydraulic Crimping Compressors,Engine Powered Winch,Motorised Winch,Wire Grip,Gin Pole,Cable Stand,Mesh Sock Grips,Cable Conveyor,Lever Chain Hoists and so on,which are mainly supplied to power companies,railroad companies and other industry fields.
All our products are certified by China National Institute.To assure the quality, we will do 100% inspection for raw material, production procedure, packing before shipment,
so we do have the confidence to supply customers with high-quality and high-efficiency products.
"Customer satisfaction" is our marketing purposes,so we have extensive experience in professional sales force,and strongly good pre-sale, after-sale service to clients. We can completely meet with customers' requirements and cooperate with each other perfectly to win the market.Sincerely welcome customers and friends throughout the world to our company,We strive hard to provide customer with high quality products and best service.
cable reel jacks, hydraulic cable drum jacks, hydraulic cable drum stand, cable drum stand, cable drum trailers
Yangzhou Qianyuan Electric Equipment Manufacturing & Trade Co.Ltd , https://www.qypowerline.com