The cheetah’s magic show technology listed on the new board of revenue is highly dependent on Baidu


Cheetah Mobile’s

modernshow Technology (Code: 837315) today listed on the new board. According to the information submitted to science and technology, science and technology to 1-9 months of 2015, 2014 and 2013 revenues were 10 million 880 thousand yuan, 8 million 180 thousand yuan, 920 thousand.

to 1-9 months of 2015 and 2014, and 2013 net profit was -951 million, -1329 million and -1176 million yuan.

magic show technology loss is, at the beginning of 2013, the company’s main business will be provided by charging mobile phone desktop theme download service upgrade for the third party mobile phone desktop APP for Symbian mobile phone desktop to users of the system; the initial transformation of less income.


2015 1-9 month, 2014 and 2013, the company’s top five customers accounted for total operating income ratio was 99.66%, 89.57% and 100%, the higher the proportion of customers is relatively concentrated and there is a certain reliance on major customers of Baidu.

2015 1-9 months, modernshow technology from Baidu’s revenue reached 7 million 70 thousand yuan, total revenue reached 64.99%, to science and technology from the Tencent’s income is 3 million 150 thousand yuan, the total income ratio reached 29.03%.

since the founding of the company to August 22, 2014, magic show technology of controlling shareholders and actual control of Zhang Tao. In August 2014, the original shareholders of the company in Beijing star will be holding 22.2379% of the share transfer to the Internet.

shell Internet ownership change from 28.2649% to 50.5028%, became the controlling shareholder of the company; at the same time, because the Internet is shell Kingsoft security is controlled by the agreement, and control for Kingsoft Kingsoft security.

so the actual control technology changed from Zhang Tao to kingsoft.

August 2015, Beijing cheetah (formerly shell Internet) will hold its modernshow technology 49% of the shares transferred to the Jinshan security, at the same time, the control of Beijing based on the cheetah Kingsoft security protocol.


Beijing cheetahs at the completion of the equity transfer to hold 3.1% stake in science and technology, so it can control the modernshow Kingsoft security technology the proportion of votes for a total of 52.1%, so the Jinshan security has become the magic show technology of the controlling shareholder, actual controller unchanged, still kingsoft.

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