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紫荆国际金融附属与北京抱富订立许可协议

Bauhinia International Finance Affiliates signed a licensing agreement with Beijing Baofu

新浪港股 ·  Jan 9 20:29

Bauhinia International Finance (08340) announced that on January 9, 2024, a license agreement was signed for the licensee, Zijing Xiangrui (Shenzhen) Supply Chain Co., Ltd., an indirect wholly-owned subsidiary of the company, and Beijing Baofu Technology Co., Ltd., to grant the licensee exclusive, transferable and sub-licensable rights to promote, operate, publish, copy and distribute Licensed Game 1 and Licensed Game 2 (collectively, Licensed Games) and related products and services in their respective authorized regions for a period of 5 years. The licensee must pay the licensee a fixed license fee and a monthly license fee, of which the fixed license fee is $400,000. The monthly license fee is equivalent to 50% of the licensee's monthly net revenue generated from the licensed game.

According to reports, Beijing Baofu Technology Co., Ltd. is mainly engaged in the design and development of online games. The licensors are Kuang Tiefeng and Kan Baolei, who own 60% and 40% of the rights respectively.

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