Excellent Film And
Integrate Synergistic Effect Caused By Merger
Might Alliance Move
Enhance the capability of investing in,producing and promoting film and television.
Expand the producing and publishing channel of commercial films.
Strengthen the capability of copyright operation and brand operation.
On Jun 12, 2015, Lead Eastern completed the private placement of 185 million shares to 8
designated investors, raised capital of 1.99 billion RMB and all subscripted to cash. Amount
the fund, 1.1 billion RMB were used to acquire 100% equity of Mighty Alliance, and 500
million RMB were used to increase its capital for sustaining development.
The listed company achieve resource integration through investment and merger´╝îand
improve the specialization and professionalism of film creation and production in China, so
as to the overall upgrading of film industry.