In an announcement issued on September 18, Guangdong Alpha Animation & Culture Co., Ltd.(hereinafter referred to as “Alpha Animation”) confirmed its plan to purchase all issued stock of Information Harbor (“zixun gang” in Chinese pinyin), a wholly-owned subsidiary of Imagi International Holdings Limited, at a price of HK$634.2mln. In so doing, Alpha Animation would be able to land the exclusive management rights of a series of name brands such as “Pleasant Goat and Big Big Wolf”(“xiyangyang yu huitailang” in Chinese pinyin).
 
Alpha Animation (stock code: 002292) is the first listed company in China’s animation industry. It is also one of the most influential and promising animation culture industry groups in China.
 
Dacheng attorneys Shen Linping and Zhao Ya acted as legal counsel for Alpha Animation on the purchase. The project team delivered high-quality, efficient services for the client. Previously, they had advised the company on its listing in September 2009.