The construction of more than 100 million to buy Tibet Bo as promoting the "digital media group" development strategy

The photoelectric 4 evening announcement, the company intends to raise funds not more than 130 million yuan by the wholly owned subsidiary of Sichuan timeshare advertising media Co. Ltd. (hereinafter referred to as the "media") to purchase its holdings of Tibet Bo to Lang Sen, Song Jie Culture Communication Co. Ltd (hereinafter referred to as Tibet Bo ") 100% stake.

Tibet Bo Visual Culture Communication Co., Ltd. was founded in 2014 in Tibet, Lhasa, Chengdu city is the major underground parking lot media company, the main business for the outdoor advertising planning, design, production, installation, agent, release etc.. After years of development, at present, Tibet Park in 121 as the core business district and high-end residential, hotel has a parking lot, 2200 column wall lamp, has become the city of Chengdu has its own long rent parking lot area is the largest and the largest number of media, has a monopoly in the parking lot of the media professional Outdoor Advertising Company.

Tibet Park as promised in 2016, on 2018, in 2019, in 2020, respectively, net profit of 13 million yuan, $14 million 560 thousand, 16 million 307 thousand yuan, $17 million 938 thousand, $19 million 732 thousand, a total commitment to net profit of 81 million 537 thousand yuan.

The photoelectric said that this transaction is to build strategic guidelines for digital media group "based on the company, and actively improve the digital outdoor media industry chain, an important measure to enhance the overall strength of the company business communication. As part of the company extended development strategy, the time of the acquisition of Tibet Bo as the media 100% equity and the quality of Chengdu has a monopoly in the parking lot of the media resources and customer resources, especially in the future one or two years in Tibet Bo as possible in the mode of operation of the outdoor media + Internet "- the actual pace. It is of great significance to the listed company to achieve the strategic goal of" digital media group ".

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