The first stock of Chinese esports has arrived! The 29 year old son of the gambling king, Star Racing, has landed on NASDAQ
好空气那
发表于 2024-7-27 09:47:42
1168
0
0
The first stock of Chinese esports has really arrived.
On the evening of July 26th Beijing time, Xingjing Weiwu was listed on the NASDAQ Stock Exchange with the stock code "NIPG". Xingjing Weiwu's issuance price is $9/ADS, with a total of 2.25 million ADS (American Depositary Shares) issued. The successful listing of Xingjing Weiwu Group also marks the official birth of "China's first esports stock".
Based on the above pricing, if the underwriters do not exercise the option to purchase additional ADS, Xingjing Weiwu's IPO will raise $20.25 million.
Xingjing Weiwu plans to use approximately 50% of the proceeds from this fundraising to explore potential strategic acquisitions and investment opportunities, ensuring the company's organic growth; About 30% is used for market expansion and enhancing brand influence; About 20% will be used to expand the influence of esports teams, enhance talent management and competition related business capabilities.
All along, the Star Racing Weiwu Group, which has the halo of a "star shareholder", has attracted much attention due to its leadership position.
As the Chairman and CEO of Xingjing Weiwu Group, He Youjun, the 29 year old son of the "Gambling King", is also the largest shareholder of the company, holding 14.2% of the shares. As early as 2018, He Youjun founded V5 Esports Club and served as the president of the Macau Esports Federation. In the same year, the game company Chuangmeng Tiandi entered the capital market, and at the age of 23, he also participated in the listing ceremony of Chuangmeng Tiandi.
The Daily Economic News reporter noticed that the revenue of Xingjing Weiwu Group mainly relies on the "e-sports+" model, mainly through advertising sponsorship, event bonuses, endorsements, etc.
According to the prospectus, the two electronic sports brands currently operated by Xingjing Weiwu Group are Ninjas in Pyjamas and eStar Gaming; The company's esports team participates in high-level competitions in games such as League of Legends, CS: GO, Honor of Kings, Rainbow Six, Rocket League, Fortnite, and Call of Duty Mobile.
As of December 31, 2023, Xingjing Weiwu Group has over 120 professional players and approximately 16 million followers on global social media platforms.
According to financial data, the company's revenue increased from $65.84 million in 2022 to $83.67 million in 2023; The net loss increased from 6.31 million US dollars in 2022 to 13.26 million US dollars in 2023, further expanding the losses. As of December 31, 2023, the revenue of the esports team operation, talent management services, and event business of Xingjing Weiwu Group was approximately $21.7 million, $52.61 million, and $9.4 million, respectively, accounting for 25.9%, 62.9%, and 11.2% of the total revenue.
Xingjing Weiwu Group stated that they believe in esports+& quot; The model has enormous potential, and the company is actively exploring opportunities in areas such as esports education and training, community marketing, esports complexes, and IP licensing.
After entering Asia, the esports industry, which was once seen as "not doing its job", finally stepped onto the Olympic stage. At the 142nd session of the International Olympic Committee held in Paris in July this year, the resolution was unanimously passed to host the first Olympic Esports Games in Saudi Arabia, scheduled to be held in 2025.
According to Frost& Sullivan reports that the number of esports players worldwide has grown significantly, from 2.3 billion in 2017 to 3.1 billion in 2021, and is expected to increase from 3.3 billion in 2022 to 4.3 billion in 2027. With the increase in the number of gamers and various gaming platforms, the esports industry has also experienced significant growth.
Specifically for the Chinese market, according to the latest data from the "Report on China's Electronic Sports Industry from January to June 2024", the actual sales revenue of China's electronic sports industry from January to June this year was 12.027 billion yuan, a year-on-year increase of 4.43%, reversing the downward trend for two consecutive years. At present, the user base of electronic sports in China is about 490 million, a year-on-year increase of 0.52%, which remains basically stable.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Popular Chinese concept stocks rise, NASDAQ China Golden Dragon Index rises by over 2%, Ideal Auto rises by over 10%
- Performance hits bottleneck, pickled meat 'second place' Rongye Food rushes to NASDAQ
- US stock futures expand gains, Nasdaq 100 index futures rise 2%
- Popular Chinese concept stocks rise, Nasdaq Golden Dragon Index rises by over 4%, Xiaopeng Motors rises by over 8%
- The NASDAQ China Golden Dragon Index has risen by over 7%, while Bilibili has risen by over 12% and "Weixiaoli" has risen by over 8%
- The real 'frenzy'! The Nasdaq China Golden Dragon Index has risen nearly 11%!
- Global markets: European and American stock markets close higher, S&P hits historic high, NASDAQ China Golden Dragon Index rises more than 10%
- Most popular Chinese concept stocks rose on Friday, with the Nasdaq China Golden Dragon Index up 4% and NIO up over 12%
- Popular Chinese concept stocks rise, NASDAQ China Golden Dragon Index rises by about 4%
- On Monday, popular Chinese concept stocks closed with mixed gains and losses. The Nasdaq China Golden Dragon Index rose about 30% in September
-
9月が終わり、映画・テレビ業界が暗躍している。最近、愛奇芸の創始者でCEOのGONG宇氏は、映画・テレビ業界が長短の変化、AIの変化、中国映画・テレビドラマの海外進出の変化の3つの変化を経験していると発表した。 ...
- 寒郁轩良
- 前天 14:17
- 支持
- 反对
- 回复
- 收藏
-
10月1日、理想自動車が9月に納入したデータによると、9月に理想自動車が新車53709台を納入し、前年同月比48.9%増となった。 今年第3四半期、理想自動車は前年同期比45.4%増の152831台を納入した。今年9月30日現在、 ...
- 就放荡不羁就h
- 6 小时前
- 支持
- 反对
- 回复
- 收藏
-
ネットワーク状況監視サイトDownDetectorによると、オーディオストリーミングプラットフォームSpotifyは日曜日に約3時間にわたる障害を経験した後、正常に回復し、ピーク時には米国の4万人以上のユーザーに影響を与 ...
- hecgdge4
- 前天 09:33
- 支持
- 反对
- 回复
- 收藏
-
百済神州(688235.SH)はA株の有名な革新薬企業で、2017-2024年上半期、同社の各期の研究開発投資はA株の化学製薬会社(申万二級)の中で最も高く、研究開発費用は合計600億元を超えた。 しかし、百済神州にとって ...
- wylz8473
- 3 天前
- 支持
- 反对
- 回复
- 收藏