Sublimation Byk enters online games to implement strategic transformation

October 21, 2015, Sebasco Baik announced the acquisition of a 100% stake in Yanlong TechnologiesAccording to the Report on the Issuance of Shares and Payment of Cash to Purchase Assets and The Collection of Supporting Funds and Related Transactions, it is proposed to issue shares and pay cash to Yanlong Technology shareholders Lu Jian, Li Jing, and Tibet Yanlong to purchase their 100% stake in Yanlong Technology, with a transaction target price of 1.6 billion yuanAmong them, the cash payment method to buy the 50% stake in Yanlong Technology held by Tibet Yanlong, a total of 800 million yuan in cash, by issuing shares to pay to buy Lu Jian, Li Practice held 50% of Yanlong TechnologyHhU
Ascendas by Baik was founded on May 11, 1999, mainly pesticides, veterinary drugs, tantalum businessBiopesticides and veterinary drugs are the company's main source of profitsSince 2014, due to the decline in macroeconomic growth and overcapacity in the company's industry, competition in the company's main business has intensified, and market demand for some products has remained depressedIn 2014, listed companies achieved operating income of RMB34,393.18 million, a decrease of 16.36% YoY, while in the first half of 2015, listed companies achieved operating income of RMB52,973.55 million, a decrease of 24.58% YoYIn order to reverse the continuous decline of the main business, listed companies continue to develop the original main business at the same time, continue to pay attention to the changes in the external economic environment, broaden the scope of business of listed companies, create new profit growth points, expand diversified operations, and gradually realize the transformation of business strategyHhU
In recent years, the online game industry is in a rapid development stage, giving birth to strategic opportunities for expansion, according to the 2014 China Game Industry Report, the number of users in the national online game market reached 517 million at the end of 2014, up 4.6% YoY, and the national online game market achieved sales revenue of RMB114.48 billion, up 37.7% YoYIn order to comply with the requirements of industrial upgrading, economic restructuring, combined with their own advantages, and strive to expand the survival and development space, after a large number of market research and demonstration analysis, listed companies intend to take online game business, including research and development and agency distribution as the focus of the company's strategic transformationHhU
Yanlong Technology is a well-known domestic network game developers and agent distributors, its core team has long been engaged in online game development and agency distributionIn the 2014 China Game Industry Overseas Market Report, Yanlong Technology ranked second, ninth and sixth in 2014 with a market share of 7.71%, 2.03% and 2.08%, respectively, for China's local original client online games, web games and mobile online gamesDuring the reporting period, overseas business revenue accounted for 35%-55% of Yanlong's total revenue, and its independent research and development and proxy distribution of game products in Hong Kong, Taiwan, Southeast Asia, South America and other regions have a large number of gamersHhU
According to Boahuxun, in 2014 sublimation by the bp tryptophan production of 1500 tons, domestic supply accounted for 21.79 percent of the total domestic market supplyIn recent years, tryptophan is in a rapid growth, demand and production capacity increased rapidly, during this period, the market competition is relatively complex, tryptophan gradually "civilianized", farewell to the "skimming profit" era, the current tryptophan part of the manufacturer's transaction price fell below 50 yuan / kg, compared to the beginning of 2015 100 yuan / kg level fell sharply, profit sharply compressedHhU
Amino acid manufacturers in response to the increasingly competitive market, through the expansion of production capacity, improve production technology, asset restructuring and other ways to strengthen competitiveness, in the future market competition to obtain a first opportunityFor example: dragon, Iepin, miso, Xijie and other manufacturers to expand production capacity, tryptophan manufacturers to improve the rate of bacteria acid, plum blossoms, Dentons and so on through asset restructuring to achieve new business growthHhU
On October 21, 2015, Sebastobai announced the acquisition of a 100% stake in Yanlong TechnologiesAccording to the Report on the Issuance of Shares and Payment of Cash to Purchase Assets and The Collection of Supporting Funds and Related Transactions, it is proposed to issue shares and pay cash to Yanlong Technology shareholders Lu Jian, Li Jing, and Tibet Yanlong to purchase their 100% stake in Yanlong Technology, with a transaction target price of 1.6 billion yuanAmong them, the cash payment method to buy the 50% stake in Yanlong Technology held by Tibet Yanlong, a total of 800 million yuan in cash, by issuing shares to pay to buy Lu Jian, Li Practice held 50% of Yanlong TechnologyHhU
　　Ascendas by Baik was founded on May 11, 1999, mainly pesticides, veterinary drugs, tantalum business Biopesticides and veterinary drugs are the company's main source of profits Since 2014, due to the decline in macroeconomic growth and overcapacity in the company's industry, competition in the company's main business has intensified, and market demand for some products has remained depressed In 2014, listed companies achieved operating income of RMB34,393.18 million, a decrease of 16.36% YoY, while in the first half of 2015, listed companies achieved operating income of RMB52,973.55 million, a decrease of 24.58% YoY In order to reverse the continuous decline of the main business, listed companies continue to develop the original main business at the same time, continue to pay attention to the changes in the external economic environment, broaden the scope of business of listed companies, create new profit growth points, expand diversified operations, and gradually realize the transformation of business strategy HhU
　　In recent years, the online game industry is in a rapid development stage, giving birth to strategic opportunities for expansion, according to the 2014 China Game Industry Report, the number of users in the national online game market reached 517 million at the end of 2014, up 4.6% YoY, and the national online game market achieved sales revenue of RMB114.48 billion, up 37.7% YoY In order to comply with the requirements of industrial upgrading, economic restructuring, combined with their own advantages, and strive to expand the survival and development space, after a large number of market research and demonstration analysis, listed companies intend to take online game business, including research and development and agency distribution as the focus of the company's strategic transformation HhU
　　Yanlong Technology is a well-known domestic network game developers and agent distributors, its core team has long been engaged in online game development and agency distribution In the 2014 China Game Industry Overseas Market Report, Yanlong Technology ranked second, ninth and sixth in 2014 with a market share of 7.71%, 2.03% and 2.08%, respectively, for China's local original client online games, web games and mobile online games During the reporting period, overseas business revenue accounted for 35%-55% of Yanlong's total revenue, and its independent research and development and proxy distribution of game products in Hong Kong, Taiwan, Southeast Asia, South America and other regions have a large number of gamers HhU
　　According to Boahuxun, in 2014 sublimation by the bp tryptophan production of 1500 tons, domestic supply accounted for 21.79 percent of the total domestic market supply In recent years, tryptophan is in a rapid growth, demand and production capacity increased rapidly, during this period, the market competition is relatively complex, tryptophan gradually "civilianized", farewell to the "skimming profit" era, the current tryptophan part of the manufacturer's transaction price fell below 50 yuan / kg, compared to the beginning of 2015 100 yuan / kg level fell sharply, profit sharply compressed HhU
　　Amino acid manufacturers in response to the increasingly competitive market, through the expansion of production capacity, improve production technology, asset restructuring and other ways to strengthen competitiveness, in the future market competition to obtain a first opportunity For example: dragon, Iepin, miso, Xijie and other manufacturers to expand production capacity, tryptophan manufacturers to improve the rate of bacteria acid, plum blossoms, Dentons and so on through asset restructuring to achieve new business growth HhU
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