Shanghai Panda Mutual Entertainment Culture Co., Ltd., which belongs to Panda TV, was established on July 23, 20 15, with a registered capital of 20 million yuan and legal person Longfei. A week after its establishment, that is, on August 3, Panda Mutual Entertainment changed its equity. Before the change, the legal representative was Gao Xiang, the supervisor was Wang Sicong, and the investors were Wang Sicong and Pei Le. After the change, the legal representative is Longfei, the supervisor is Shi Xinjie, and the investor is Longfei. In addition to Wang Sicong, Yang, a former betta anchor, is also among the natural person shareholders. Yang is a well-known LOL game anchor of Betta.
The business scope of panda mutual entertainment includes: cultural and artistic exchange planning; Activity planning; Public relations activity planning; Operating performance and brokerage business; Business information consultation; Film and television planning consultation; Animation design; Advertising design, production, agency and release; Conference services; Exhibition service; Development and sales of online games.