Antarcticelectricitysupplierintendsto956millionyuanacquisitionofmobileInternetmarketingcompanyResearchpapersDownloadNews:Antarcticelectricitysupplier(002,127)August14eveningannouncement,theproposedpriceof956millionyuanincashandtheissuanceofsharestoLiuRui,GeNan,YuHanQing,Zhang,ChenJunandstaticbalanceinvesttheirtimeinterconnectedtogetherhold100%equity.Meanwhile,thecompanyintendstoZhangYuxiang,ChenJiaying,thesecondpartoftheAntarcticelectricitysupplierESOPnon-publicofferingtoraisematchingfundstotalnomorethan400millionyuan.Thecompany’sshareswillremainsuspendedsinceAugust15.Thetargetcompany’smainbusinessismobileInternettimeInternetmarketingservices,isbasedonthemobileInternetterminalforcustomersinthemobileInternetmediadeliveryplatformandmobileenddispersedflowprecisionmarketing.TradingPlansshowtheestimatedtimetothe1Internet100%stakeintheunderlyingassetoftheincomeapproachtoassessthevalueof956millionyuan,thetimeInternetbooknetassets(parentcompany’sfinancialstatementscaliberUnexamined)was7.2832millionyuan,theestimatedvaluewas13,026.10%;attributabletoparentcompanyowners’equityinterconnectedtimein(theconsolidatedfinancialstatementscaliberUnexamined)of29.213millionyuan,theestimatedvaluewas3172.52%.Financialdatashowthatin2014thetimeandinterconnectionrevenueandnetprofitof549,800yuan-33.84million;in2015,operatingincomeofInternettime126millionyuan,netprofitof11.0651millionyuan.January-April2016,itsoperatingincomeof1.31billionyuan,netprofitof12.669millionyuan.Accordingto‘performancecompensationagreement’abouttheagreement,theperformanceofthecompensationobligationofthecommitmentperiod2016interconnectedyear2017andtheyear2018toachieveannualnetprofit(profitafterdeductingnon-recurringgainsandlosses)ofnotlessthan68millionyuan,90millionyuanand1.17billionyuan.2Antarcticelectricitysuppliersaidthedealforthecompany’slayoutto‘createbrand,buildeco’importantstrategicinitiativethatishelpingtobroadenandenhancethebrandlicensingbusinesselectricitysupplierecologicalservices,flexiblesupplychainservicesplatformtofurtherenhancethecompany’soverallstrengthandcorecompetitiveness.Meanwhile,thistransactionasanopportunity,alistedcompanymayenterthemobileInternetmarketingindustry,integrationofresourceswithintheindustry,tofurtherconsolidatetheindustryleaderinInternettimeandimprovetheprofitabilityoflistedcompanies.ThecompanyreleasedthesamedaytheseconddraftoftheEmployeeStockOwnershipPlan.ThetotalESOPfundingceilingof80millionyuan.Amongthem,thedirectorofthesubscriptionperiodESOP,supervisorsandseniormanagementpersonnelintotal7people,totalsubscriptionESOPshareof22millioncopiesoftheirsubscriptionshareofthistotalESOPshareratioof27.50%.(Source:‘SecuritiesTimes’)3