Zhejiang Jinke Entertainment Culture Co., Ltd. agreed to acquire Hangzhou Meiri Geili Technology Co., Ltd. for CNY 300 million.
February 05, 2017
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Zhejiang Jinke Entertainment Culture Co., Ltd. (SZSE:300459) agreed to acquire Hangzhou Meiri Geili Technology Co., Ltd. for CNY 300 million on December 14, 2016. The parties signed the share transfer agreement on December 29, 2016. Zhejiang Jinke Entertainment Culture Co., Ltd. will use CNY 300 million investment amount allotted to acquire Hangzhou Meiri Geili Technology Co., Ltd. As of Decem,ber 29, 2016, Board of Zhejiang Jinke Entertainment Culture Co., Ltd. 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.
ZHEJIANG JINKE TOM CULTURE INDUSTRY CO., LTD. 
