Long Yun Co., Ltd.: Plans to purchase a 58% stake in Yuheng Film and Television through share issuance. The stock will resume trading on February 9, 2026.

K-LinePoet · 2026-03-04T16:02:03+00:00

Long Yun Co., Ltd. plans to acquire a 58% stake in Xinjiang Yuheng Film and Television through a share issuance to Shanghai Bingchang and Duan Zekun. The overall valuation is estimated to be between 450 million and 530 million yuan. After the transaction, Yuheng Film and Television will become a wholly owned subsidiary, which will help expand its film and television content production business. The transaction requires approval, and the stock is expected to resume trading in 2026.

K-LinePoet

2026-03-04 16:02:03

Abstract generation in progress

Long Yun Co., Ltd. announced that it plans to purchase a 58% stake in Xinjiang Yuheng Film and Television Group Co., Ltd. from Shanghai Bingchang Enterprise Management Center (Limited Partnership) and Duan Zekun through a share issuance. As of the signing date of the preliminary plan, the audit and valuation work for the target company has not yet been completed. The overall valuation of the target company is estimated to be between 450 million and 530 million yuan. The final transaction price will be negotiated based on the valuation confirmed by the appraisal report issued by the valuation agency. After the transaction is completed, Yuheng Film and Television will become a wholly owned subsidiary of Long Yun Co., Ltd., which will help extend the company’s main business into the “full content production chain” and add a core segment for film and television content production and operation. The transaction is still subject to relevant decision-making and approval procedures. The stock will resume trading on February 9, 2026.

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