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Home / china / Dianguang Media sells oil painting "Yellow" wants to hold hands with Huawei Shenzhen Stock Exchange: Is it feasible? – Huawei, 100m euros, cooperation agreement, radio and television station, observed – Daily Economic News

Dianguang Media sells oil painting "Yellow" wants to hold hands with Huawei Shenzhen Stock Exchange: Is it feasible? – Huawei, 100m euros, cooperation agreement, radio and television station, observed – Daily Economic News



2018-12-24 05:18:41 Source: Daily Economic News

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By the end of the year, Dianguang Media (000917, SZ) announced the sale of Xi Beishong oil "Yugong Yishan" for 208.8 million yuan, causing great concern to the market and attracted the attention of the Shenzhen Stock Exchange. On December 17, the Shenzhen Stock Exchange issued a letter of concern to Dianguang Media, asking Dianguang Media to disclose the need for transaction, price equity and related relationships.

This letter of concern requires Dianguang Media to respond before December 21, but from the time of the press release, no response has been received. On the evening of December 21, Dianguang Media issued a report on the sale of art to a radio and television station in Hunan, saying artistic business has always been one of the company's main businesses. At the beginning of this year, the company sold some artworks. The overall arrangement was made, and the transaction price of 208.8 million yuan was objective and fair. In the end, Dianguang Media said: "In order to avoid misinterpretation and speculation, the company is carefully negotiating with Hunan Radio and Television, and both sides have decided to terminate this art transaction."

In addition to many doubts about the sale of Yugong Yishan, Dianguang Media's "star" company received a letter of concern from the Shenzhen Stock Exchange on the evening of December 21, as the previous day, Dianguang Media announced a high profile with Huawei. The company reached a strategic cooperation agreement to explore the 5G field of cooperation.

Discontinuing sale of oil images on related pages

On the evening of December 14, Dianguang Media announced a subsidiary of Hunan Cable Television Network (Group) Co., Ltd. (hereinafter referred to as Hunan Cable Group) to sell oil painting to "Yugong Yishan" in Hunan with 208.8 million yuan (including taxes). News from radio and television stations. Due to the reform of the integration of radio and television in Hunan in the second half of 2018, radio and television in Hunan has become a related side of Dianguang Media, and the transaction is a related transaction.

Perhaps the company did not expect it, and the news of selling one piece of art would cause such great concern. The reporter noted that the background of this sales decision is: In July of this year, Dianguang Media only listed the capital of Shenzhen Yikesiqi Advertising Co., Ltd. with a price of 267,000,000 yuan. However, the three quarterly reports of Dianguang Media still showed that the company lost 135 million yuan in the first three quarters. In the year 2018, it was not possible to determine whether to convert losses. During the year, Dianguang Media announced the decision to sell "Yugong Yishan". This decision was widely interpreted as a related side "transfusion for life saving".

Soon, radio and television media have also received a letter of concern from the Shenzhen Stock Exchange. The Shenzhen Stock Exchange requires Dianguang Media submit the relevant explanatory materials to the management department of the Shenzhen Stock Exchange before December 21, and meet the information disclosure obligations in a timely manner.

However, from a press release on December 23, the response to this letter of concern has not yet appeared on the official website of the Shenzhen Stock Exchange. Instead, the company announced it had suspended sales of "Yugong Yishan".

According to Dianguang Media, the company has been engaged in art since 2006. Over the past 10 years, it has invested over 200 pieces of art, with a cumulative investment of more than 1.2 billion yuan. Some things have been withdrawn from the market in recent years and made major investments. Come back. Dianguang Media said that on May 16 this year, the board of directors of the company reviewed and approved the "Proposal for authorization to manage the sale of partial works of art", which included Xu Boing's "Hugong Yishan" oil.



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