Company Business

Assist ZhongNan (002445 A-Share listed) to make continuous acquisitions to transform into a media & entertainment platform company

ZZ Capital is a strategic shareholder of ZhongNan, transforming it from an industrial product manufacturer to a large media & entertainment platform company.

  • ZZ Capital is a strategic shareholder of ZhongNan, transforming it from an industrial product manufacturer to a large media & entertainment platform company. The market capitalization of ZhongNan before acquisition was RMB2.4bn. It reached RMB17.2bn by Jun. 30th, 2016, representing an increase of 616%.
  • In Aug. 2013, ZZ Capital invested in Datang Brilliant, a leading private TV dramas production company in China.
  • In Mar. 2014, ZhongNan acquired 100% of Datang Brilliant from ZZ Capital and other shareholders. After the acquisition, ZZ Capital held 20% shares of ZhongNan and committed to make ZhongNan an industry leader in the media & entertainment industry. Since the announcement, the stock price of ZhongNan had surged 40% within 4 days.
  • In Apr. 2014, ZZ Capital and ZhongNan jointly established a RMB3bn investment fund to facilitate further acquisitions. In Aug. 2014, the fund led an investment in China’s top ranking celebrity agency, which manages top talents such as Jiang Wenli, Liu Ye and Wang Luodan.
  • In Dec. 2014, the fund led an investment in Shanghai Ai Qirui, whose major businesses are talent agency and online TV show production.
  • In Apr. 2015, the fund led an investment in Shouyin Media, which is mainly involved in advert production, marketing, film production and business reaching the entire industry value chain.
  • In Mar. 2016, ZhongNan announced the launch of Share Incentive plan for the senior managements and core employees.
  • In May 2016, ZhongNan announced to have changed its name to Zhong Nan Red Culture Group.
  • In Jun. 2016, ZhongNan suspended for  a major asset restructuring, to acquire high-quality assets, improve the industrial chain and enhance the company's competitive advantage.

ZZ CAPITAL

FL 9, Unit A, Huaye International Center,
NO.39 East 4th Ring Middle Rd, Chaoyang District, Beijing, 100025

Website:http://zzcapital.com/en/
Official WeChat
QR code

All rights reserved. No use, reproduction in any form is allowed
without prior agreement in written form. 京ICP备16000370号-1