Tencent intends to 7 million yuan to the dream city acquisition of 10% stake in sugar people

Dream City recently announced that it intends to Tencent animation to sell its stake in 7 million sugar people 10% stake in Dream City said the transaction in line with its overall development strategy.
According to the contents of the announcement of Dream City, after this transaction, the ownership structure of sugar people is as follows:
Announcement said that the equity transfer transactions in line with the dream city overall strategic development plan is conducive to the city through the adjustment of foreign investment structure optimization of resource allocation, focusing on core business, which will not adversely affect the financial position and operating results.
After this transaction, the original shareholders of sugar people Houjia sugar people will increase their capital, increase the company registered capital of 5714.29 yuan.
Sugar people were financed by Angel Wheel of the Dream City culture in 2014. In October of this year, the sugar people (sugar man animation) just finished financing 10 million rounds A by Tencent, Le Tour Capital and Wuxi Investment.
Sugar people is an original comic studio, its main business is the game, film, animation, movie direction IP development.Currently sugar cartoon has published comic "cat of tea", "monster list", "food of the East" , "God Pen Ma Shang", "handsome and cute" and so on.
Beijing Dream City Culture Co., Ltd. was established on December 19, 2006, is based on the operation of the domestic original animation image 'A-beaver' based animation culture company currently owns Lo Xiao Hei, A Beaver, Pi Pincai, like flutter Jun four IP.
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