Special Explanation on the Performance Commitment of Acquiring Control of Kaike Weishi
This company and its board of directors ensure that the information contained herein is true, accurate, and complete, without any false records, misleading statements, or major omissions.
According to the relevant regulations of the Shenzhen Stock Exchange, Beijing Kingee Culture Development Co., Ltd. (hereinafter referred to as "the Company") compiled this special explanation regarding the performance commitment of acquiring control of Kaike Weishi Technology Co., Ltd. (hereinafter referred to as "Kaike Weishi") for the year 2025 as follows:
Basic Transaction Situation
Beijing Kingee Culture Development Co., Ltd. (hereinafter referred to as "the Company") held a board meeting on March 10, 2025, and the proposal regarding the acquisition of control of Kaike Weishi was approved. The Company holds 43.18% of the shares of Kaike Weishi, with a transaction price of 412,398,605 yuan. At the same time, the Company can acquire control of Kaike Weishi with 14.30% of the shares by 2025. The Company will complete the acquisition as a controlling shareholder.
Performance Commitment and Business Progress
-
The performance commitment period for this transaction is three years, namely 2025, 2026, and 2027 (including the year of completion of the transaction), i.e., the years 2025, 2026, and 2027.
-
The performance commitment is as follows:
| Year | Revenue Target (Yuan) |
|---|---|
| 2025 | 6,660,000 |
| 2026 | 7,560,000 |
| 2027 | 8,560,000 |