The Noble Bird Intends To Join Hands With Tiger Sports To Create Sports Industry 020

Are you willing to cooperate with tiger sports to create 2 billion yuan for sports industry resources O2O?

According to the latest news of giant tide information, the bird of honor announced today that the Quanzhou people were encouraged to participate in the establishment of Sheng Xiang.

After the completion of the equity trading, Chuen Sheng investment will have a shareholding ratio of not less than 15% of the tiger's sports equity and become its second largest shareholder after the completion of the equity paction.

According to the content of the announcement, the Quanzhou Sheng Xiang Investment Management Center (limited partnership), which is established by the company, intends to sign the investment cooperation agreement with Quanzhou Chuang Sheng Investment Limited (hereinafter referred to as "Quan Sheng Investment") after its establishment. It intends to provide a loan of 239 million 160 thousand yuan for Quan Sheng investment, with a term of ten years, which can be extended by mutual consent.

After receiving the above loans, Chuen Sheng invested part of the pferable tiger tiger (Shanghai) Culture Communication Co., Ltd. (hereinafter referred to as "tiger sports") and increased its investment in tiger sports (hereinafter referred to as "equity trading").

Quan Sheng investment is talking about the existing shareholders and tiger putter sports, which is expected to be the second largest shareholder after the equity trading is completed.

If the above equity paction can not be reached before June 30, 2015, Chuen Sheng investment will repay all loans in full until July 10, 2015.

The two sides intend to establish cooperation.

The target size of the fund is 2 billion yuan, set up in two phases, of which the first phase is 1 billion yuan. At the same time, the company will invest 1 billion yuan into the industrial fund in the next three years. The first phase of the first phase will be RMB 500 million yuan. At the same time, the two sides will develop online and offline cooperation, and strive to form a win-win situation between the sports industry resources under the company's line and the effective commercialization of the online resources of tiger sports online.

The proposed fund will focus on

Operation, sports training and personal fitness service, intelligent equipment, sports network media and community platform.

Quanzhou Quan Sheng Investment Co., Ltd. is actually controlled by Mr. Lin Kunzhen, Mr. Lin Kunzhen and Quanzhou Chuen Sheng Investment Co. Ltd. are not affiliated parties. This paction does not constitute related pactions.

The item has been deliberated and passed by the second board of directors at the eighth meeting of the company in January 19, 2015.

The foreign investment cooperation is not related to pactions and major asset reorganization matters.

Partner tiger tiger (Shanghai) Culture Communication Co., Ltd. is engaged in technology development, technology pfer, technical consultation, technical service, computer system service and fitness service in the field of network technology.

Sale.

As of November 30, 2014, tiger sports total assets of 178 million 650 thousand yuan, net assets of 148 million 680 thousand yuan; 1-11 months in 2014, tiger sports to achieve operating income of 120 million 380 thousand yuan, the profit of 350 thousand yuan.

With the release of the foreign investment and related paction, the 13 year old bird's stock suspension was resumed today.

Affected by good news, as of business 10:21, the price of the bird bird rose to 10.02% at 20.21 yuan.