With Inke landing in the capital market，Douyu is also preparing for a US stock market listing，Huajiao Live Broadcast, owned by "Red-coated Leader" Zhou Hongyi, is no longer willing to be lonely。

Days ago，The list of senior executives of Beijing Liujianfang Technology Co., Ltd. has been updated，Liu Yan steps down as chairman of Beijing Liujianfang Technology Co., Ltd.，The new chairman is Zhou Hongyi。Also，The new board of directors of Liujianfang consists of 5 directors，3 of them appointed by Qihoo Software，2 appointed by Songcheng Performing Arts。

Shen Meng, executive director of Chanson Capital, told a reporter from Securities Daily: “Live streaming companies have begun to continuously enter the capital market，If it lags too far, it will cause investor fatigue，So for better valuation，Will promote IPO more quickly。”

188bet sports betting app download

According to the announcement disclosed by Songcheng Performing Arts，The company held the 25th meeting of the sixth board of directors on June 27, 2018，Deliberated and approved the "Proposal on the Reorganization of Subsidiaries Beijing Liujianfang Technology Co., Ltd. and Beijing Mijing Hefeng Technology Co., Ltd." and other motions。

As understood，Beijing Mijing Hefeng Technology Co., Ltd. is the main company of Huajiao Live Broadcast。April 29，Multiple changes have occurred in Secret Realm and Wind，After the change, the only shareholder of the company is Beijing Liujianfang Technology Co., Ltd.。

As of April 29, 2019，Six Rooms and Secret Realm and Wind have completed the industrial and commercial change registration，The registered capital of Liujianfang increased to 50 million yuan。After the transaction is completed，The total valuation of the six rooms increased to 8.5 billion yuan。

From the perspective of equity structure，Songcheng Entertainment holds 40% of the shares and is still the largest shareholder of Liujianfang，Qihoo 360 holds 27 shares.1%；Tianjin Huajiao No. 1 Technology Partnership (Limited Partnership) holds 7 shares.8%；Tianjin Huajiao No. 2 Technology Partnership (Limited Partnership) holds 3 shares.99%，The three are persons acting in concert，Total shares held 39.07%。

The shareholding ratio of "Qihu Group" in Liujianfang may further 188bet app download increase。Announcement display，Songcheng Entertainment reached an equity transfer agreement with Qihoo 360 on April 25, 2019，The company will hold the six registered capital of 23.530,000 yuan transferred to Qihoo 360，Proportion 0.47%，Transfer price is 40 million yuan，And will apply for industrial and commercial registration in the near future。

After the above transaction is completed，Songcheng Performing Arts will hold six rooms 39.53% equity，The total shareholding ratio of the three persons acting in concert in Qihoo will reach 39.54% became the largest shareholder。Talk about Songcheng’s performing arts，After the completion of this restructuring and delivery，Songcheng Performing Arts no longer has control over Six Rooms，No longer included in the scope of the company's consolidated statements。

Talk about Liujianfang’s next capital moves，Songcheng performing arts name，In view of the current capital market environment，The sale of existing shares ends here。Songcheng Performing Arts will cooperate with other shareholders in the future，Fully promote the business development and capital operation of the reorganized group company，Share its long-term benefits。

Experts say it may be a sprint to the US stock market listing

The restructuring of Liujianfang and Huajiao Live has triggered the market’s imagination about the company’s post-reorganization IPO。Huajiao Live also responded before，Becoming a six-house company is just the need for corporate restructuring and structural setup，More conducive to the company’s business development and future capital operations。

“Zhou Hongyi’s popularity can help the overall listing of Liujianfang to some extent。”Talking about Zhou Hongyi’s appointment as chairman of Liujianfang，Li Yi from the Internet Research Center of Shanghai Academy of Social Sciences talked about it，In Li Yi’s opinion，The symbolic significance of Zhou Hongyi’s appointment as chairman is greater than the practical significance。

Shen Mengze further talked to a reporter from Securities Daily，If the reorganized Six Rooms advances IPO，Then the listing location should be the United States，"Zhou Hongyi has relevant experience"。

But Li Yi also thinks that，At present, the live broadcast industry is still in decline，Huajiao Live has been interviewed by the Cyberspace Administration of China before，After restructuring, Liujianfang still needs to be wary of policy risks if it wants to enter the capital market。

It is worth mentioning，If the reorganized six rooms can be successfully launched，Zhou Hongyi’s boss company will expand again。Currently，Zhou Hongyi’s 360 has returned to the A-share market and 360 Finance, which has returned to the US stock market，360 Master Lu is also preparing to be listed on the Hong Kong Stock Exchange。

*Source of this article: Securities Daily Network, Author:Li Qiaoyu, original title: "Liujianfang welcomes new chairman Zhou Hongyi，Experts say it may be listed in the United States after restructuring》.