Huzhou Ronghao Real Estate Development Co., Ltd. agreed to acquire Guangdong Tom Cat Industry Development Co., Ltd. from Zhejiang Jinke Tom Culture Industry Co., LTD. for CNY460 million.
April 11, 2022
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Huzhou Ronghao Real Estate Development Co., Ltd. agreed to acquire Guangdong Tom Cat Industry Development Co., Ltd. from Zhejiang Jinke Tom Culture Industry Co., LTD. (SZSE:300459) for CNY 460 million on April 12, 2022. As on December 31, 2021, Guangdong Tom Cat Industry Development Co., Ltd. generated the revenue of CNY 6.0066 million, Total assets of CNY 2,326.2316 million, Operating profit of CNY 23.4373 million, Owner's equity of CNY 2,302.753 million and Net Income of CNY 16.9082 million. Huzhou Ronghao Real Estate Development's board of director approved the transaction.
Zhejiang Jinke Tom Culture Industry Co Ltd is a China-based company engaged in Intellectual Property (IP) ecological operation with Talking Tom Cat family IP as the core. The Company's online business mainly includes mobile Internet application distribution business and animation film and television business, which are based on the IP image and content of Talking Tom Cat family to create leisure mobile applications, animation, series of short films, mini-series and other animation and television works. The Company is also engaged in the advertising business through built-in advertising and in-app purchases of mobile application products. The Company's offline business is mainly IP series derivatives and licensing business, including shoes and clothing, daily necessities, aerobic care, intelligent toys and other IP series derivatives, as well as several Talking Tom Cat family IP parent-child theme park stores.
Huzhou Ronghao Real Estate Development Co., Ltd. agreed to acquire Guangdong Tom Cat Industry Development Co., Ltd. from Zhejiang Jinke Tom Culture Industry Co., LTD. for CNY460 million.
ZHEJIANG JINKE TOM CULTURE INDUSTRY CO., LTD. 
