Cultural and entertainment stocks fell into a cold spring: the market value of Zhejiang Century Huatong Group Co.Ltd(002602) decreased by 2.683 billion yuan Giant Network Group Co.Ltd(002558) "let go" playtika's share price rose slightly "cultural and Entertainment Weekly Review List"

On March 11, the continuously rising temperature in Beijing suddenly turned around, much like the global stock market. The tree wants to be quiet but the wind does not stop. The cultural and entertainment week (March 7-march 11) also ended miserably.

Specifically, among the entertainment concept stocks with the top 30 market value of a shares, only 4 companies have a rise in market value and share price. On the contrary, the other 26 companies, Shen Zhen Shengxunda Technology Co.Ltd(300518) ( Shen Zhen Shengxunda Technology Co.Ltd(300518) . SZ) has a market value increase of 383 million yuan and a share price increase of 7.18%, making it the company with the largest rise in both share price and market value this week The market value of Zhejiang Century Huatong Group Co.Ltd(002602) ( Zhejiang Century Huatong Group Co.Ltd(002602) . SZ) fell by 2.683 billion yuan, making it the company with the largest decline in market value. Cultural Investment Holdings Co.Ltd(600715) ( Cultural Investment Holdings Co.Ltd(600715) . SH) became the company with the largest decline in share price this week with a decline of 9.83%.

It is noteworthy that the trading limit was recorded on Giant Network Group Co.Ltd(002558) 311 due to the planned sale of the shares of the global leisure and social game giant playika holding Corp. (pltk, hereinafter referred to as "playika") by the participation subsidiary Shanghai jukun Network Technology Co., Ltd. (49% participation ratio, hereinafter referred to as "jukun network"). In addition, Meisheng Cultural & Creative Corp.Ltd(002699) ( Meisheng Cultural & Creative Corp.Ltd(002699) . SZ) gained a daily limit on March 7, and its market value exceeded Beijing Hualubaina Film&Tv Co.Ltd(300291) , making it into the list,

Zhejiang Century Huatong Group Co.Ltd(002602) market value decreased by 2.683 billion yuan

After receiving the warning letter from Zhejiang regulatory bureau, some shares held by shareholders holding more than 5% were passively reduced, and the Zhejiang Century Huatong Group Co.Ltd(002602) market value evaporated by 2.683 billion yuan, making it the company with the largest decline in market value this week.

Zhejiang Century Huatong Group Co.Ltd(002602) announced that the independent director received the warning letter from Zhejiang regulatory bureau, stating that Yang Bo, as the independent director of Zhejiang Century Huatong Group Co.Ltd(002602) and his relatives' securities account, had purchased 91000 shares in total from November 17, 2021 to January 13, 2022, with an amount of 710800 yuan, and sold 83100 shares on January 21, 2022, with an amount of 670600 yuan.

Zhejiang Securities Regulatory Bureau believes that the above-mentioned behavior of buying and selling the company's shares within six months constitutes short-term trading, which violates the provisions of Article 44 of the securities law of the people's Republic of China. It decides to take the supervision and management measures of issuing a warning letter to Yang Bo and record it into the integrity file of the securities and futures market.

Zhejiang Century Huatong Group Co.Ltd(002602) recently announced that Wang Ji, the shareholder of the company, passively reduced 3.9675 million shares of the company by means of centralized bidding transaction, accounting for 0.05% of the total share capital of the company's common shares.

In addition, Zhejiang Century Huatong Group Co.Ltd(002602) also said that in order to further improve the company's risk management system, reduce corporate governance risks and promote the company's management to fully exercise their rights and perform their duties, the company plans to purchase liability insurance for the company and all directors, supervisors and senior managers in accordance with the standards for the governance of listed companies and other relevant provisions.

Last week, Zhejiang Century Huatong Group Co.Ltd(002602) announced that based on the needs of Zhejiang Century Huatong Group Co.Ltd(002602) Internet Data Center (IDC) business development, the company decided to integrate Shenzhen data center project, Yangtze River Delta data center project and other related businesses, establish a "cloud data division" to uniformly plan, operate, manage and expand Internet Data Center (IDC) and data security businesses, And take the development of the above business as an important science and technology strategy of the company.

Recently, the overall layout design of the national integrated big data center system has been completed, and the national "counting East and counting West" project has been officially launched, which has brought historic opportunities for private enterprises engaged in the construction and layout of Internet data centers.

Zhejiang Century Huatong Group Co.Ltd(002602) said at this week's investor meeting, "The current layout of the company in the data center (IDC) sector includes' Tencent Yangtze River Delta artificial intelligence Advanced Computing Center ', and the estimated number of cabinets is 40000. The newly purchased Shenzhen data center project' Yifeng technology Guangming 5g big data center project 'plans to operate about 12000 cabinets, and the construction is planned to start on March 11. Data centers (IDC) in other regions) The company is also actively evaluating and recommending the project. "

In addition, on March 11, Zhejiang Century Huatong Group Co.Ltd(002602) Shenzhen data center project was officially started. The data center will be composed of three high-standard buildings and 12000 cabinets are planned to be deployed. It is the largest data center park approved by Shenzhen. After the completion of the project, it will become an important computing hub for Zhejiang Century Huatong Group Co.Ltd(002602) serving Dawan district.

Giant Network Group Co.Ltd(002558) share price rose slightly by 0.1%

It is also noteworthy this week to give up playtika's Giant Network Group Co.Ltd(002558) . On March 11, Giant Network Group Co.Ltd(002558) share price rose by the limit, up 0.1% this week.

On March 10, Giant Network Group Co.Ltd(002558) announced that it had recently received a letter from jukun, a joint-stock subsidiary, According to playtika's previous announcement, "in order to maximize shareholder value, its board of directors has begun to evaluate playtika's potential strategic options. As part of this process, the board intends to consider a full range of strategic options, which may include the sale of the company as a whole or other possible transactions" (hereinafter referred to as "potential transactions").

\u3000\u3000 "The evaluation procedure of the potential transaction has been started. Playika holding UK II Limited, which is indirectly controlled by jukun network, as the controlling shareholder of playika, is one of the participants in the potential transaction. If the potential transaction is completed and leads to the sale of all or part of its indirectly held playika shares by jukun network, it may have a significant positive impact on the company's financial condition and operating performance. ” Giant Network Group Co.Ltd(002558) indicates.

As early as July 12, 2021, Giant Network Group Co.Ltd(002558) issued an announcement on the termination of the signing of the gift agreement, According to the announcement: "due to the complexity of the specific matters involved in the content of the gift agreement, giant investment decided to cancel the gift after careful consideration. In view of this, the company and giant investment reached an agreement on terminating and promoting the gift through friendly negotiation. After deliberation and approval by the board of directors of the company, the company and giant investment signed the termination agreement." Giant Network Group Co.Ltd(002558) said that after the termination of the agreement, the equity structure of jukun network remained unchanged, that is, giant investment held 51% of its equity, the company held 48.81% of its equity, judao network held 0.19% of its equity, and jukun network was still a participating subsidiary of the company.

This marks Shi Yuzhu's fourth attempt to load playtika into Giant Network Group Co.Ltd(002558) . Playtika is an Israeli mobile game entertainment company, which was listed on NASDAQ on January 15, 2021 (US Eastern time).

Giant Network Group Co.Ltd(002558) also indicates that this potential transaction is only a preliminary intention, and there are uncertainties in whether it can be concluded, as well as the counterparty, transaction time and transaction price. After determining the specific transaction scheme for sale, the company will perform relevant approval procedures and disclosure obligations in accordance with the requirements of relevant laws and regulations.

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