China Literature to Acquire Tencent Animation and Comics
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Lundi, décembre 11, 2023
HONG KONG, Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation platform in China, today announced that it has entered into an Asset Transfer Agreement with Tencent Holdings Limited ("Tencent", stock code: 0700) to acquire the related assets of Tencent Animation and Comics, including among others Tencent Animation and Comics' APP platform, the intellectual property rights and related rights to its content, and its animation, film and TV series projects, for an aggregate cash consideration of RMB600 million.
Key Points:
- HONG KONG, Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation platform in China, today announced that it has entered into an Asset Transfer Agreement with Tencent Holdings Limited ("Tencent", stock code: 0700) to acquire the related assets of Tencent Animation and Comics, including among others Tencent Animation and Comics' APP platform, the intellectual property rights and related rights to its content, and its animation, film and TV series projects, for an aggregate cash consideration of RMB600 million.
- Established in 2012, Tencent Animation and Comics is a leading animation and comic platform in China.
- Mr. Hou Xiaonan, Chief Executive Officer of China Literature, commented, "China Literature and Tencent Animation and Comics share a rich history of collaboration which has yielded remarkable accomplishments.
- I am truly thrilled to welcome Tencent Animation and Comics into the China Literature family.