Guangdong Yueke Software Engineering Co., LTD

        Guangdong Yueke Software Engineering Co., LTD. (referred to as "Yueke Software")Yueke Software was established in 1997 with a registered capital of 10 million yuan and 50% held by Yueke Group, mainly engaged in cinema ticket sales management, automatic screening control, electronic ticketing platform, mobile ticketing application, etc。On April 17, 2015, the 100% equity of Yueke Software Company was publicly listed and transferred in the Southern United Property Rights Trading Center, with the listing price of 1.800 million yuan, after 10 hours and 26 minutes, a total of 180 rounds of online bidding, the final Alibaba Pictures Group subsidiary company to the highest price of RMB 8.300 million yuan to obtain 100% equity transfer right of Yueke Software。The overall value of the state-owned assets of the project was 125 times higher than before the reform, and the price-earnings ratio reached 315 times, becoming a model of fully amplifying the value of state-owned capital and using market mechanisms to promote the reform of state-owned enterprises。