On February 6, Hippo Animation announced the acquisition of asset announcements. The company plans to acquire part of the assets of Shanghai Jinshishi Intelligent Technology Co., Ltd. by paying RMB9.617 million in cash. The assets to be acquired this time include equipment, raw materials, know-how and software.
Hippo Animation stated that the acquisition of assets is based on the company's business development plan and current market opportunities. The company plans to develop digital entertainment integrated services, virtual reality (VR) and other businesses, which can form a positive interaction with the company's business and further expand. Company development space.
According to the announcement, the legal representative of Shanghai Jinlanshi Intelligent Technology Co., Ltd., the counterparty of this transaction, is Xu Ke, and Xu Ke is the controlling shareholder and actual controller of Hippo Animation. This matter constitutes a related party transaction.
Hippo Animation is mainly engaged in the production and distribution of animation film and television works and related derivative business; digital entertainment integrated service business and products and theater business. The company was listed on the New Third Board on December 8, 2015 and was transferred by agreement.
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