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Beijing on January 29th news Yongxin Shibo announced today, will be on China's leading online video company aerial video for strategic investment.The agreement stipulated conditions can be met under the premise, aerial video will obtain Yongxin super is not more than 14500000 dollars of investment, including equity and warrants, convertible loans,abercrombie.The convertible loan all shares and warrants all exercise conditions, according to agreement related regulation mechanism, Bo in Yongxin as the antenna video share will ranged from 25% to 31%.In addition, the agreement also stipulated,air jordan pas cher, Bo in Yongxin as in aerial video of seven people on the board of directors has two board seats.
This investment also includes a video of the antenna for an existing shareholders, both sides together to the antenna video into not exceeding a total of $17000000 in cash investment.Bo in Yongxin as chairman and chief executive officer, Mr Jianhua Zhu said: "we are very pleased to be able to establish relations of cooperation and aerial video.
Antenna video in the audience to provide quality, genuine programmes have been excellent performance,michael kors.We appreciate the antenna video in recent years in the development of Internet video technology, to create excellent user experience, and combined with domestic copyright square capacity show.
We hope that the cooperation,hollister, we play in content protection and terminal equipment and technical advantages of the cable television industry a solid customer base, high-quality video content through a variety of channels transmitted to the end user.
"Mr. Jianhua Zhu also said: "the investment in aerial video and our research and development and the promotion of technology products, so that users can easily watch high quality video content whenever and wherever possible long-term strategy is consistent,abercrombie.
According to the current network convergence in China continued to accelerate the trend of development, we look forward to cooperation from the income, also believe that in the future for the user to expand new way to watch high quality video will exist extensive opportunities,air jordan.
"Antenna video CEO, Mr. Chen Yanpeng said: "with the Yongxin Shibo reached a strategic cooperation, we feel very happy.All along, we are committed through the Internet platform to provide comprehensive, convenient to watch video service,abercrombie france.
At the same time we also the industry to launch the first network HD video business.The Yongxin super alliance,michael kors outlet, let us in the field of digital television has the most powerful partners, I believe the cooperation will open Chinese Internet video "new era".
"The forward-looking statements warning statement to this bulletin contains forward-looking statements.These forward-looking statements are based on the "1995 American private securities litigation act of" safe harbor provisions enacted, usually adopts the "believe", "is", "expected", "estimation",michael kors outlet, "plan", "prediction", "target", "may", "will" and other expressions.
In this notice, both past fact outside of all statements are forward-looking statements, only on behalf of the company currently expected, hypothesis, estimation and prediction.The forward-looking statements including but not limited to management on the future of Chinese digital television industry, cable television and related industries and the development trend of market of CA of judgment, the company's future business strategy,abercrombie france, plan and market positioning.
The forward-looking statements contained in various types of risk and uncertainty.Many important factors that could cause actual results and statement contains the content and nature of these factors,abercrombie, including but not limited to Chinese digital TV industry, cable television and related industries and CA appear in the market competition, as well as to the price,www.michaelkorsoutlet5s.com, the company implement the business strategy for its ability to produce corresponding effect.
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