Beijing Jetsen Technology Co.Ltd(300182) it was announced that Xinjiang Huaxiu, a holding subsidiary of the company’s holding subsidiary Jiecheng Huashi Wangju (Changzhou) Cultural Media Co., Ltd., recently signed a film and television program authorization contract with Tencent. Xinjiang Huaxiu authorized Tencent to enjoy the information network communication right within the scope agreed in the contract with a total number of more than 6332 film and television programs such as “golden age”. The contract amount is 1.8 billion yuan, accounting for 56.54% of the company’s operating revenue in 2020. If the contract is successfully implemented, it is expected to have a positive impact on the company’s operating results in 2022.
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