Monday, April 11, 2016

Jia Yue Ting into the cool Board said without prejudice to 360

  Earlier today, Hyundai Group's announcement, appointed as Group Chairman and CEO Jia Yue Ting, Vice Chairman Liu Hong as Hyundai Group Executive Director. Seems normal, but the top changes, but because of its cool, music video, 3,603 subtle and uncertain.

  Cool 360 had reached a strategic cooperation, joint venture company singularly cool, and will be launched later this month, the company's first Smartphone products. At this time, cut into the cool music video directors, had to speculate that perhaps 360 stabbed? Chinese handset manufacturers six months study

Jia Yue Ting into the cool Board said without prejudice to 360

  This music video also made it clear that acquisition of cool are strategic investments would not hinder cooperation between 360 and cool.

  So what exactly is this outsider strange exception "triangular relationship" How are the development? reports in the US media.

  Jia Yue Ting and Liu Hong has service contracts with Hyundai group, fixed for a period of three years, beginning on August 17, 2015. Jia Yue Ting and Liu Hong is entitled to charge a fixed annual salary of 1 million Yuan, respectively.

  Hyundai Group's Board of Directors would like to take this opportunity to welcome Jia Yue Ting and Liu Hong joined the Board of Directors.

  It is reported that in July this year Hyundai Group's announcement, saying Data Dreamland Holdings shareholders on July 20 this year completed sales of 780 million shares, the price per share for HK $ 3.5. Data of Dreamland holdings will be reduced from 38.23% to 20.28%.

  This means equity delivery Data of Dreamland and LeViewMobileHK completed, music video has become the cool group, the second-biggest shareholder, stake 18%, cool, 360, music video was officially formed the "love triangle" relationship.

  Letv Mobile CEO Feng Xing said that investments are strategic investments in the cool, does not prevent cool and 360 partnership will not affect Hyundai group has strategic interests.

  However, for a music video would be cool the first big shareholder, Feng Xing said not response, the official version shall prevail, depending on the current cool's second-largest shareholder.

  For music and cool for the future direction of cooperation, Feng Xing said music and cool all groups in all aspects of the entire value chain of mobile phone cooperation, complement each other and, in addition, depending on the content and cool hardware will cooperate fully.

  Letv Mobile CEO Feng Xing said that investments are strategic investments in the cool, does not prevent cool and 360 partnership will not affect Hyundai group has strategic interests.

  However, for a music video would be cool the first big shareholder, Feng Xing said not response, the official version shall prevail, depending on the current cool's second-largest shareholder.

  For music and cool for the future direction of cooperation, Feng Xing said music and cool all groups in all aspects of the entire value chain of mobile phone cooperation, complement each other and, in addition, depending on the content and cool hardware will cooperate fully. Hyundai has said, and depending on the ecological model of cooperation will be "products x x service" form, including common build quality mobile phones, to develop Internet applications, providing horizontal services planning.

  For Le depending on, and cool sent and 360 future Zhijian of relationship, cool sent Group Deputy President Zhou Mingyi had to Tencent technology said, cool sent, and Le depending on and 360 are has is big user group, added up has hundreds of millions of of more, in mobile Internet times are is entrance, in consumers level are strengths, Le depending on has Internet content, and odd cool security software, and cool sent has hardware advantage, if real coordination integration good, can formed more big of platform.

  Le cool released information also shows that 5G is another direction of our future relations. Senior Vice President of Hyundai group said Zhang Guangqiang, cool is 5G technology and standard research of the main actors, is the IMT-2020 (5G) member of the group, the future, cool addition to and cooperate in the mobile phone industry, but will also work with Visual build 5G network.

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