Mango Excellent Media Co., Ltd. (SZSE:300413) acquired Shanghai Mangofun Technology Co., Ltd. on June 25, 2018. The consideration for the transaction and the related transactions comprised Mango Excellent Media’s issuance of shares and raising matching funds. In the related transactions, Mango Excellent Media acquired Hunantv.com Interactive Entertainment Media Co., Ltd., Shanghai Tianyu Media Co., Ltd., Mango Film Culture Co., Ltd. and Hunan Mango Entertainment Co., Ltd. Upon completion, Shanghai Mangofun has become a wholly-owned subsidiary of Mango Excellent Media. The transaction got approved by China Securities Regulatory Commission. As of June 25, 2018, the equity transfer was registered, the business license was issued and the industrial and commercial procedures have been completed. Mango Excellent Media Co., Ltd. (SZSE:300413) completed the acquisition of Shanghai Mangofun Technology Co., Ltd. on June 25, 2018.