Hero Interactive Entertainment sells equity in 'Black Myth: Wukong' company for 480 million yuan

Hero Interactive Entertainment (now "Hero Games") has sold the equity of Shenzhen Youke Interactive, the research and development company of "Black Myth: Wukong" in 2022, for a transfer consideration of 480 million yuan. Among them, 280 million yuan will be received and completed in the same year, and the other 200 million yuan will be paid no earlier than April 1, 2025.

The above information comes from the 2022 annual report of Hero Interactive Entertainment.

In addition, according to the related-party transaction announcement released on February 1, 2024, Hero Interactive Entertainment is expected to pay Shenzhen Youke 20 million yuan in game distribution fees. It is also expected to Obtained 200 million yuan in game-related income.

This fee and income will most likely correspond to "Black Myth: Wukong".

On February 27 this year, "Black Myth: Wukong" received a game version number. The game is expected to be released online on August 20. It is currently the 3A game that has attracted the most attention from domestic players and has also won many honors in the international market.

In the second half of 2022, Hero Entertainment also paid an advance payment of 100 million yuan to Hangzhou Youke Interactive Technology Co., Ltd. It is also expected to be related to "Black Myth: Wukong".

Hero Entertainment was founded by Ying Shuling in June 2015. In 2016, Feng Ji co-founded Shenzhen Youke Interactive Technology Co., Ltd. with several colleagues, and Hero Interactive Entertainment became its earliest institutional shareholder, holding 19% of the shares. In 2021, Tencent invested in Shenzhen Youke, holding 5% of the shares.

Tencent is also a shareholder of Hero Entertainment. As of H1 2023, Tencent holds 19% of the shares and is the second largest shareholder, second only to Tianjin Dino controlled by Ying Shuling. Tencent holds two of the nine board seats of Hero Interactive Entertainment. On March 12 this year, Tencent obtained 20% of the equity pledge rights of Hero Interactive Entertainment from Tianjin Dino.

The above is the detailed content of Hero Interactive Entertainment sells equity in 'Black Myth: Wukong' company for 480 million yuan. For more information, please follow other related articles on the PHP Chinese website!