Should the “big idle” Shi Yuzhu’s 2020 be busy?
Editor’s note: This article comes from the WeChat public account “understand notes” (ID: dongdong_note) , author: understand to understand the deity.
“Living together.” These are the most prominent words on the poster of the movie “Journey” under the Giant Network.
However, because of the collective withdrawal of the Chinese New Year film, this piece of work highly anticipated by Shi Yuzhu is as bumpy as the transformation of the giant network. After two adjustments, it has still been released to date.
The release time of the “Journey” movie there is full of unknowns. The 15-year-old game “Journey” is still supporting Shi Yuzhu and his giant network. From playing to seeing, what will the future “journey” become?
The giant is still that giant, “Journey” is no longer “Journey”
Not long ago, Giant Network issued an announcement saying that the shareholder Rhenium Investment invested between September 11, 2019 and April 1, 2020, and accumulated 63,886,050 unrestricted shares in circulation through block trading (accounting for the total network of Giant Network (Share capital 3.1558%). Before the reduction, according to Giant Network ’s third quarter 2019 financial report, Rhenium Investment is the fourth largest shareholder of Giant Network. After this reduction, Rhenium Investment still holds a 5% stake in Giant Network.
At the same time as shareholder reductions, Giant Network presented a not-so-good market result. According to the previous 2019 annual performance report released by Giant Network, the company’s total operating income in 2019 was 2.57 billion yuan, a decrease of 32.02% from the same period of the previous year; the net profit attributable to shareholders of listed companies was 834 million yuan, a decrease from the same period of the previous year 22.66%.
2019 can be regarded as the busiest year for Shi Yuzhu, who describes himself as a “big idle”. One of the most notable is that the three-year-old Playtika acquisition ended in failure.
P of IsraelLaytika is a chess and card game company, and its casual social chess and card games are well-known in the industry, so the acquisition is also regarded by Shi Yuzhu as a future transformation. However, since October 2016, this acquisition, which has been regarded as a “snake swallow” by the outside world, has experienced twists and turns. Among them, the Giant withdrew the acquisition application twice and revised the acquisition plan three times.
In order to obtain sufficient acquisition funds, Shi Yuzhu invited organizations such as Oceanwide Capital, Minsheng Trust and Hony Capital to jointly establish a subsidiary Alpha to acquire Playtika with Alpha as the main body. The transaction price proposed by Giant Network at that time was as high as 30.5 billion yuan. In the past three years, the new company ’s shareholdings have changed several times, and investors ’disagreements have been heated up in the market. Shi Yuzhu even said on Weibo that he has been personally threatened.
In the end, this unreliable alliance failed to accomplish its mission.
In November 2019, the Giant Group officially announced the termination of the acquisition of Playtika, saying that because the acquisition of the target Alpha or its subsidiary Playtika plans to seek overseas listing, and the target company is relatively large, in order to avoid triggering related restrictions related to spin-off listing Regulations and choose to terminate.
In three years, after all kinds of capital moves and merges, the giant and Shi Yuzhu have returned to the starting point. However, time and environment will not stop changing. During the acquisition, Giant Network’s influence in the domestic online game market is declining step by step as its market value.
“Melaton” is shackled, “Journey” is a shadow
To this day, Shi Yuzhu is still inseparable from these two words: “Melain” and “Journey”.
Although it has always been controversial, Shi Yuzhu, who once fell in the mall, did indeed stand up from the rotten giant building with the magical advertisement of that year. Although Shi Yuzhu still says that he eats every day, whether or not Melatonin is effective is no longer important for consumers who are familiar with melatonin.
As for the 15-year-old “old age” veteran of “Journey”, it is still the most important source of income for the giant network to this day. As the first online game work in China that sounded the banner of “free online games”, no matter whether players have played the game of “Journey”, when referring to this name, they will never be linked to the free word. It should be a serious krypton gold system. The news of the special money-burning of “Journey” that year sounds full of magic today: According to legend, the most famous player “Central Plains Thug” has accumulated a recharge amount of up to 4,000