It may be a win-win situation for Fengxing.com to take over the storm.

Recently, some media reported that "Fengxing. com acquired Storm TV", so that the stormy Storm Group will usher in a "life-saving straw"? Moreover, because of this news, Storm Group had a daily limit of 18 on February 9, and the corporate management department of Shenzhen Stock Exchange sent a letter of concern to Storm Group on the morning of June 19.

The letter of concern of Shenzhen Stock Exchange hopes to supplement the disclosure of the specific situation of equity acquisition or business cooperation, whether these have had an impact on the company's operation and whether it can resolve the risk of the company's main business coming to a standstill. It is also required to explain whether the media report that "Fengxing.com acquired Storm TV and the two sides are currently doing content integration" is true.

Regarding the news media reports, Can Zhou, CEO of Fengxing, said that Fengxing did not acquire Storm TV, and the two sides only cooperated in some businesses. However, it can be seen from the media reports that the cooperation between Popular and Storm TV may be win-win, and Popular is mainly based on video content platform. Now it is just right to solve the marketing channels and promote Storm TV.

The main operator of Storm TV is Shenzhen Storm Intelligent Technology Co., Ltd., and the major shareholder of this company is Storm Group, holding 22.6%. Now the storm has caused serious operational difficulties, and all long-term equity investment impairment reserves have been accrued in the third quarter report of 20 19.

Storm Group was established in 2007 and has been listed on the A-share market with a registered capital of about 320 million yuan. According to the data of Tianyancha, Storm Group has a number of foreign investments, including Beijing Magic Mirror Future Technology Co., Ltd. and Storm Sports (Beijing) Co., Ltd., and in July this year, Feng Xin (founder of Storm Group) was taken compulsory measures by the public security organs.

The main operator of Fengxing.com is Beijing Fengxing Online Technology Co., Ltd., and the largest shareholder of the company is Shenzhen Zhao Chi Co., Ltd., with a shareholding ratio of 59.5%; The second largest shareholder is Oriental Pearl New Media Co., Ltd., with a shareholding ratio of 19.76%. In the first half of 20 19, the operating income of popular technology was 447 million yuan and the net profit was 59.5925 million yuan.