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羚邦集团有限公司(02230.HK)

Ling Bang Group Co., Ltd. (02230.HK)

長雄證券 ·  May 1, 2019 00:00  · Researches

It is a leading developer of third-party media content, which is located in Hong Kong and operates in China, Singapore, Malaysia, Taiwan, Indonesia and Japan. As far as media content development services are concerned, the media content licensors shall establish content development arrangements with the media content licensees, work closely with them, and through the content re-licensing agreement with customers, to develop media content related to action, television, television, feature-length action films and live-action films to customers. In particular, Jishi believes that it has an outstanding position in the development of Japanese campaigns. The main customers of the collection mainly include online media platforms and media network clients. The revenue of Japan Development Bank accounted for about 80. 3%, 87. 2%, 90. 2% and 86. 8% of the total revenue, respectively.

Thank you very much.

Have a long-term relationship with the empowers in the media system

Rich media content collection can sell different contents to satisfy customers' preferences and tastes.

We have established rich content development networks with some well-known media platforms.

Negative factor

If the collection company fails to buy the ╱ brand of the media content according to the acceptable terms and conditions, the popular media content ╱ brand, or its relationship with the media content ╱ brand licensee, may be significantly adversely affected.

China's regulatory organs may consider that the content of the media for licensing on mutual agreements is unacceptable.

During the going-to-market period, most of the revenue came from the top five customers

The purpose of the income

About 54.8% of the media content composition is used for the development of large media content.

About 17.5% is used to expand brand licensing services.

About 6.9% will be used for the refurbishment and renovation of Hong Kong premises and the upgrading of information technology equipment to meet the requirements.

About 9.5% is used as a media content for joint investment.

About 4.7% is used for the promotion of large media content, brand authorization and the head office and office, and the enhancement of logistics support.

About 6.6% is used for general financial assistance.

The translation is provided by third-party software.


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