With the help of participation in fixed growth, China Mobile again increased its holdings of mango hypermedia, surpassing the shareholding ratio of Ali venture capital and becoming the second largest shareholder of mango hypermedia.
On the evening of August 11, mango hypermedia released the report on the issuance of a shares to specific objects in 2020. The company issued 90.34 million shares to three qualified specific objects in the form of non-public offering, with an issuance price of 49.81 yuan / share and raised nearly 4.5 billion yuan.
The fixed increase of mango hypermedia attracted 106 intended investors to “grab”. According to the announcement, a total of 106 investors expressed their subscription intentions, including the top 20 shareholders of mango hypermedia (excluding controlling shareholders and related parties), 23 securities investment fund management companies, 11 securities companies, 6 insurance institutions, 36 private placement and other institutions and 10 individual investors as of July 10. Among them, there are many well-known institutions such as IDG capital investment consulting (Beijing) Co., Ltd. and e fund.
Mango hypermedia’s fixed increase was finally subscribed by China mobile capital, China Europe Fund and Xingzheng Global Fund, with about 60.23 million shares, 16.06 million shares and 14.05 million shares respectively, and the allocated amount was about 3 billion yuan, 800 million yuan and 700 million yuan respectively.
Tianyan check shows that China mobile capital is a wholly-owned subsidiary of China Mobile. China mobile capital is an “old friend” of mango hypermedia. It has previously participated in a fixed increase of mango hypermedia.
According to public information, mango hypermedia raised nearly 2 billion yuan of supporting funds on the occasion of major asset restructuring in 2018. Among them, China mobile capital subscribed nearly 1.6 billion yuan, holding 4.37%.
After the completion of the fixed increase, mango media holds 56.09% of the shares of mango hypermedia and remains the controlling shareholder of the company. Hunan Radio and television is still the actual controller of mango hypermedia. The shareholding ratio of China mobile capital in mango hypermedia rose to 7.01%, becoming the second largest shareholder. Ali’s shareholding ratio of venture capital decreased slightly to 5.01% and retired to the third largest shareholder.
On joining hands again, China mobile capital said that mango hypermedia is a leading new state-owned mainstream media platform, and the company’s development is in line with the national strategic direction of “media integration”. Since the cooperation, the two sides have had good strategic coordination and formed a mutually beneficial and win-win situation in large screen, small screen and brand joint marketing.
Reprint indicated source：Shine Trader Limited Live information