News Column

Deli to Spend CNY930mn Buying Wushen Century

July 16, 2014

ANHUI, July 16, SinoCast -- Anhui Deli Household Glass (SZSE: 002571) intended to buy 100% of Beijing Wushen Century Network Technology Co., Ltd. at CNY 930 million to enter the online game and mobile phone game field.

Deli will issue not more than CNY 310 million shares to not more than ten specific investors to raise supporting fund. Wushen specializes in the development and operation of client games and mobile online games and currently runs seven types of client games and is researching four types of mobile phone games.

The move will help the buyer to have two major business, high-tech manufacturing and culture creativity, from single main business, household glassware manufacturing.

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Source: Sinocast Internet, Media & Online Services Beat (China)

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