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Chinese All Digital Publishing Completes RMB 2 Bln Private Placement
Lieyunwang.com, 8/24/16
Beijing-based online and e-book publishing firm Chinese All Digital Publishing (300364.SZ) has officially announced that it has secured RMB 2 bln in a private placement. Read More
Reading App 'iReader' Lands USD 100 Mln Series A Funding
Sina Tech, 1/04/16
Beijing-based Zhangyue Technology, operator of mobile reading app iReader, has reportedly completed nearly USD 100 mln Series A funding from Guojin Capital Group and Guangdong-based animation company Alpha Animation and Culture (002292.SZ), giving Zhangyue a market valuation close to USD 1 bln. Read More
CSRC Conditionally Approves 4 Gaming Company Acquisitions
Sfw.cn, 2/27/14
The China Securities Regulatory Commission (CSRC) recently announced conditional approval of gaming company-related acquisition plans from four companies, including mobile game developer Ourpalm (300315.SZ), Fuzhou-based umbrella manufacturer Susino (002174.SZ), Chinese telecom equipment manufacturer Datang Telecom (600198.SH), and Guangdong-based animation company Alpha Animation and Culture (002292.SZ). Read More
Alpha Animation to Acquire Two Mobile Gaming Firms
Shanghai Securities News, 10/23/13
Guangdong-based animation company Alpha Animation and Culture (002292.SZ) announced plans today to acquire a 100% share in Shanghai-based mobile game developer 4inch (51Pocket) Information and Beijing-based mobile game developer Ai Le You Information Technology (5agame) for RMB 692 mln through a combination of cash and stock. Read More
Guangzhou Gaming and Animation Base Sees 23% Growth
Dayoo.com, 7/23/08
In 2007 the Tianhe district in Guangzhou, a development base for the Chinese online game and animation industry, generated more than RMB 4 bln in annual GDP, of which more than RMB 3 bln was created by the online game industry alone. Read More
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