Consumption reference 丨 Lehua Entertainment's "Wang Yibo Dependence"

Author:21st Century Economic report Time:2022.08.08

Reporter He Hongyuan and Chen Sha reports from the 21st Century Business Herald reporters

Lehua Entertainment is one step closer to the market.

On August 7, according to the official website of the Hong Kong Stock Exchange, the company was listed through the Hong Kong Stock Exchange. Lehua Entertainment was established in June 2009. Its artists including Han Geng, Wang Yibo, Li Wenhan, Wu Xuanyi, and Cheng Xiao.

The prospectus shows that Du Hua, chairman and CEO of Lehua, holds 50.18%, and President Sun Yiding holds 3.31%. As a spouse cohabitation, the two control a total of about 53.49%of the equity.

In addition, before the IPO, the Chinese culture CMC holds 14.25%, Dongyang Alibaba Pictures holds 14.25%through Interform Construction; Han Geng holds 2.35%, Wang Huan holds 4.77%. The shares are 0.95%, the Shengshi Trust holds 3.67%, the Ark Trust holds 1.33%.

From the perspective of revenue, from 2019-2021, Lehua Entertainment reached 631 million yuan, 922 million yuan, and 1.29 billion yuan, respectively, with a compound annual growth rate of 43%; net profit was about 119 million yuan, 292 million yuan, and 3.35, respectively. 100 million yuan, a compound annual growth rate of 67.6%.

Lehua Entertainment's 4 months before 2022 revenue was 353 million yuan, an increase of 3.5%over the 341 million yuan in the same period last year; net profit was 80.52 million yuan, a decrease of 27%from the 110 million yuan in the same period last year.

It is worth noting that Lehua's revenue is seriously dependent on head artists.

The prospectus shows that as of the four months ended in 2019, 2020 and 2021, and April 30, 2022, the company's top ten artists should account for 74.8%, 83.0%, 85.6%, and 84.5 of the total revenue of the same period of the same period. %. In the four months of 2019, 2020, 2021, and April 30, 2022, the first -ranking artists should account for 16.8%, 36.7%, 49.5%, and 56.8%of the total revenue of the same period.

Among them, one of Lehua's main supplier (prospectus called supplier B) artists should account for the main source of revenue growth, especially since 2020. Four months ended in April 30, 2020, 2021 and as of April 30, 2022, Lehua's income from the artist's income increased by more than 80%of its overall income.

In this regard, many industry insiders revealed to the 21st Century Business Herald that in the Lehua artist echelon, in recent years, artists who have such market influence have only Wang Yibo.

According to the prospectus, supplier B, the entity controlled by the male artist for it, and the graduate of the Lehua training program, the artist's contract is valid until 2026. This is consistent with the period of the Wang Yibo contract disclosed by Lehua until October 2026.

With the restrictions on the idol draft, for Lehua Entertainment, how to get out of the performance dependence on Wang Yibo is a problem that must be faced.

On August 8, the Shanghai Stock Exchange 80 Index closed at 6198.98 points, a decrease of 0.41%.

agriculture

In the first seven months of our country, the import of soybeans decreased year -on -year

On August 8th, customs data showed that in July, the import volume of soybeans in my country was 7.88 million tons, a decrease of 4.5%from June and a decrease of 9.1%from 8.67 million tons in the same period last year. From January to July, my country ’s imports of 54.17 million tons of soybean were reduced by 5.9%year-on-year. The reason for the decrease in import demand is that soybean squeezing the profits and weak consumption demand. From October 2021 to July 2022, my country imported 76.73 million tons of soybeans, a decrease of 6.7 million tons from the same period last year, and a decrease of 8.0%. According to the shipping period monitoring, it is expected to import 14.3 million tons of soybeans in my country in August to September, lower than the 16.36 million tons of the same period last year, the lowest level in the past five years. It is estimated that 2021/22 (October to September of the following year) will import 91 million tons of soybeans in my country, which is lower than 96.53 million tons of the previous year. The import volume of 2022/23 will increase to 95 million tons.

China Sugar Industry Association: 2021/22 years of sugar -making period produced 9.56 million tons of sugar nationwide

On August 8th, according to the China Sugar Industry Association, as of the end of July 2022, the production of sugar -making industry enterprises in 2021/22 (hereinafter referred to as the sugar period) has all ended. This system has produced a total of 9.56 million tons of sugar, and a total of 6.77 million tons of sugar foods were sold, with a cumulative sales rate of 70.8%. The cumulative sales price of the finished white sugar of the national sugar industry enterprises is 5781 yuan/ton. The average sales price of finished sugar in July was 5831 yuan/ton.

Wen's shares: In July, the sales of meat pigs increased by 35.75% month -on -month

On August 8th, Wen's shares issued an announcement that 91.9677 million pheasants were sold in July, with income of 2.934 billion yuan, and the average sales price of chicks was 16.38 yuan/kg. It was -3.91%, 47.96%, and 51.81%. In July, 1.3243 million meat pigs were sold, with revenue of 3.421 billion yuan, and the average sales price of hair pigs was 22.06 yuan/kg. It is 3.58%, 50.97%, and 46.29%. Tianbang Food: In July, commercial pig sales revenue was 816 million yuan

On August 8th, Tianbang Food announced that in July, 326,900 commercial pigs were sold, with sales revenue of 816 million yuan, and the average sales price was 22.16 yuan/kg.

Xiangjia Co., Ltd.: July live poultry sales revenue increased by 22.51% month -on -month

On August 8th, Xiangjia issued an announcement that in July, the sales of live poultry was 3.9354 million, with sales revenue of 10.3649 million yuan, and the average sales price was 14.22 yuan/kg. It is 40.88%, 108.93%, 45.88%.

Xiaoming Co., Ltd.: July chicken product sales revenue decreased by 7.53% month -on -month

On August 8th, Xiaoming issued an announcement that chicken products were sold in July of 16.464 million feathers, with sales revenue of 52.11 million yuan, and the changes were -0.02%and -7.53%, respectively, and 17.03%and -0.73%.

Shennong Group Lu Liang Pig's Nutrition Factory is officially put into production

On August 8th, the Fifth Feed Factory of Shennong Group in Yunnan Province was officially put into production. The factory covers a total area of ​​60,143 square meters and adopts a full -process automation, intelligent production process and food -level quality management system. After completion, it will achieve an annual production of more than 500,000 tons of pig feed, which can meet the feed supply of about 1.5 million pigs.

food and drink

Luzhou Laojiao: Deputy General Manager Shen Caihong intends to reduce its holdings of no more than 35,000 shares

On August 8th, Luzhou Laojiao announced that Mr. Shen Caihong, deputy general manager of the company, plans to use a concentrated bidding to reduce the company's shares within 6 months after the disclosure of this announcement. It accounts for 0.0024%of the company's total share capital).

Yang Peng, deputy general manager of Hainan Coconut Island Group, and his party went to Guotai Wine Industry Group to inspect and exchange

On August 5th, according to Hainan Coconut Island official micro -news, Yang Peng, deputy general manager of Hainan Coconut Island (Group) Co., Ltd., Secretary of the Board of Directors, General Manager of Coconut Island Life Family, and Chairman of Zhengzhou Jiahe Information Technology Co., Ltd. Du Wenwei, chairman of Henan Guizhitai Wine Industry Co., Ltd., and his party went to Renhuai Moutai Town, Guizhou to conduct investigations and investigations. The two sides conducted in -depth exchanges and discussions on the inheritance and innovation of traditional brewing raw materials and skills, the inheritance and innovation of the sauce 12987 craftsmanship, corporate reform and innovation, and the construction of a good ecology of the industry.

The vitality forest company increased capital to 3.274 billion yuan

According to industrial and commercial information, the vitality forest (Beijing) Food Technology Group Co., Ltd. has undergone industrial and commercial changes, and the registered capital has increased from approximately 274 million yuan to approximately RMB 3.274 billion, an increase of 1095%. The company was established in April 2016. The legal representative is Li Bing before Li Bing, and its business scope contains food sales; edible agricultural products wholesale; automatic vending machine sales; daily necessities sales, etc., wholly shares of Qi Forest Group (Hong Kong) Co., Ltd.

Zhongjing Food's net profit fell 8.61% in the first half of the year

On August 7, Zhongjing Food disclosed the semi -annual report. The company realized operating income of 417 million yuan in the semi -annual 2022 year, an increase of 6.12%year -on -year; net profit was 63.1359 million yuan, a year -on -year decrease of 8.61%. Zhongjing Food said that performance fluctuations were caused by the increase in advertising and rising material costs.

Naixue's tea is expected to expand up to 270 million yuan after adjustment of net loss in the first half of the year

On August 5, Nai Xue's tea released the mid -term profit police announcement. The company estimates that in the first half of 2022, the revenue of approximately 2.02 billion to 207 billion yuan was achieved, a year-on-year decrease of 3.08-5.43%; the adjustment of net losses expanded from approximately 145 million yuan in the same period last year to about 230 million to 270 million yuan.

Hu Haiquan refund its shareholding is a giant crawler catering company

According to industrial and commercial information, Beijing is the change of industrial and commercial changes in Giant Master Health Catering Management Co., Ltd.. The company was established in August 2016. Zhao Yongsheng, a legal representative, has a registered capital of 2 million yuan. The business scope includes catering management; corporate management consulting; corporate management, etc.

tobacco

Electronic cigarette brand Airlove announced the suspension of non -tobacco -flavored smoke bombs

On August 8th, the electronic cigarette brand Airlove announced on the WeChat public account that the company decided to officially discontinue production of fruits and all non -tobacco -flavored smoke ammunition products in the Chinese market. It has developed a variety of cigarette bullet products based on the new national standard and submitted testing and review to the tobacco authority. After all certification is qualified, it will be officially released.

E -commerce retail

In the second quarter, SHEIN's mobile installation in the United States exceeded Amazon on August 7. According to Sensortower data, in the second quarter of 2022, the US mobile installation volume of the online shopping platform SHEIN exceeded Amazon. SHEIN's download volume was about 6.8 million times, an increase of 13%month -on -month; Amazon downloaded 6.3 million times, a decrease of 7%. The report pointed out that although the popularity of the Amazon APP in the United States may slow down, its average monthly active user (MAU) in the second quarter of 2022 is three times that of Shein.

Relevant person in charge of Douyin E -commerce: There is no situation of streaming restrictions on the East

On August 8th, according to the Securities Times Company E company, in response to the rumors of restrictions on the selection of oriental selection on the Internet, the relevant person in charge of the Douyin e -commerce said: "There is no situation of the current selection of Oriental selection. Selection is a representative merchant in the high -quality ecosystem of Douyin e -commerce. Douyin e -commerce encourages similar high -quality live broadcast rooms to continue to operate and develop on the platform. "

Hungry, do you bet 50 million Chengmei Masaido Information Technology Company?

According to industrial and commercial information, the Midea Taste (Shanghai) Information Technology Co., Ltd. was established. The legal representative is Liang Guoguan, with a registered capital of 50 million yuan, and the business scope contains retail of edible agricultural products; Internet sales; takeaway delivery services; alcohol operation; pharmaceutical retail, etc. Essence Shareholders' information shows that the company is a wholly -owned shareholding of Lazas Network Technology (Shanghai) Co., Ltd.

Courier logistics

Chuan Duoduo will prepare for the maritime project logistics will cooperate with the extremely rabbit

On August 6, according to the Beijing Business Daily and Zhixiang.com, Pinduoduo is secretly preparing a new project in sea, and is currently in a densely exposed to South China seller. A person close to Pinduoduo revealed that Pinduoduo has set up a departure project team for this, and has been brewing for 3 months, directly led by the deputy general executives. Zhixiang.com reported that a person close to the extremely rabbit express said that Pinduoduo was in docking with Jimu Rabbit, and it was likely to cooperate with the Rabbit. This means that Pinduoduo's export e -commerce platform market may choose to override the area such as Southeast Asia. The relevant person in charge of Pinduoduo should not have returned the news yet.

Entertainment game

Tencent's reduction of Huayi brothers' shareholding ratio dropped to less than 5%

On August 5th, Huayi Brothers issued an announcement that Tencent Computer, the second largest shareholder Tencent Computer from August 2nd to August 4th, 2022, through a large transaction method and participation in the transaction of transferred securities. The proportion of shares dropped from 7.942441%to 4.999997%. After the completion of the holding of holdings, Tencent also held 13872.5 billion shares of Huayi brothers.

Sohu's second -quarter revenue of 195 million US dollars fell by 5% year -on -year

On August 8th, Sohu released the second quarter performance report. In the second quarter, Sohu's revenue was US $ 195 million, which was $ 204 million in the same period last year; the net profit in the second quarter was $ 12 million, and the same period last year was $ 25 million.

Musk: If you can confirm Twitter user data or continue to promote the acquisition plan

On August 6, local time, according to Chinanews.com quoting media reports, Tesla CEO Elon Musk said that if the actual user account data of the social media platform Twitter can be confirmed, his acquisition of Twitter's transaction is still It is possible to continue. It is reported that Musk said in social media that if Twitter can provide a way to sample 100 accounts and how to confirm that these accounts are real, then this transaction should be carried out in accordance with the initial terms.

Surging News Complete the round B financing

On August 8th, the surging news announced that the round B financing was officially completed. The Shanghai Cultural Industry Development Investment Fund exclusively invested 400 million yuan to increase its capital to Shanghai Dongfang Newspaper Co., Ltd. (Dongfang Newspaper) to invest in surging news operations. After the capital increase was completed, the above invested in becoming the second largest shareholder. Shanghai Newspaper Group is still the controlling shareholder of Surging News.

Skin care

Technology skin care brand Youngmay -like beauty completed tens of millions of yuan strategic financing

On August 8th, according to 36 氪 news, the special research technology skin care brand "Youngmay -like beauty" completed tens of millions of yuan in strategic financing. The investor is a listed company Ruo Yuchen. This round of financing is mainly used for marketing. In March, Youngmay-like beauty has received the Pre-A round of financing from Plum Blossom Venture Capital and high camphor capital.

Textile clothing

China's textiles and clothing exports continued to grow rapidly in July

On August 7, according to the China Textile Import and Export Chamber of Commerce, led by the expansion of foreign demand and rising prices, the exports of textiles and clothing continued to rise in July. According to the US dollar, the export volume of Chinese textiles and clothing continued to grow on the basis of last month. Among them, clothing exports increased significantly, and increased by 18.5%and 8.8%in the same and month -on -month increases.

Hailan House injects 50 million capital to establish a technology company in Jiangyin

According to industrial and commercial information, Jiangyin Hailan Technology Co., Ltd. was established. The legal representative is Huang Qi, with a registered capital of 50 million yuan, and the business scope includes engineering and technological research and experimental development; clothing research and development; new materials technology research and development; Internet of Things technology research and development; resource regeneration; resource regeneration; Use technology research and development, etc. Shareholders' information shows that the company is controlled by Hailan House Group Co., Ltd. 100%.

Cultural tourism

Sanya Tourism Hotel Industry Association initiative: Do a good job in the reception service of the staying tourists to improve house prices

On August 7, according to the client of the Grand Sanya, the Sanya Tourism Hotel Industry Association issued the "Proposal to the Sanya Tourism Hotel Industry".Including the initiative to upgrade tourism services.Actively cooperate with relevant government departments to do a good job of receiving tourists, do not coax up house prices, increase house prices in disguise, or reject tourists.Visitors will give half -price discounts on the basis of the indigenous hotel house price (that is, the house price that have been stayed on the 5th). New visitors will give semi -price discounts on the basis of the minimum price announced by the portable website of the portable.surroundings.The world's highest hotel building Dubai Blue Sky Hotel Catal

On August 5th local time, according to the news of China Railway Construction, the main structure of the world's highest hotel building in the world built by the 18th Bureau of China Railway Eighteenth Bureau was capped.The Blue Sky Hotel project is located in the Marine region of the United Arab Emirates, Dubai, covering an area of 3662 square meters, a building area of about 102,000 square meters, and a building eave height of 366.5 meters.

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