Zhejiang Jinke Culture Industry Co., Ltd. cancelled the transaction announced on August 29, 2017
December 13, 2018
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On December 14, 2018, Zhejiang Jinke Culture Industry Co., Ltd. (SZSE:300459) cancelled the transaction. Due to changes in the capital market environment and large fluctuations, comprehensive consideration of the interests of the company and the shareholders and the company's arrangements for repurchasing shares through centralized bidding, the company failed to implement the issuance of shares to raise funds during the validity period of the approval document. In accordance with the above-mentioned approval documents of the China Securities Regulatory Commission, the approval expires automatically.
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.