【正文】 age one transaction per month ? Aggregate transaction valuation for 2020 alone is more than $500 million The Hina Group Credentials Series A Financing March 2020 Merger with Photon Technology Co., Ltd. July 2020 US $35MM Strategic Financing September 2020 Series A Financing October 2020 Sale to Focus Media (Nasdaq: FCMN) for $183 million October 2020 US$48 million Series C Financing March 2020 China Market Entry Strategy Consulting April 2020 Series B $30MM Financing May 2020 US$ 75MM Financing May 2020 8 8 日 程 ? 漢能集團簡介 ? 網(wǎng)絡視頻行業(yè) ? 寬頻行業(yè)競爭格局 ? 行業(yè)發(fā)展趨勢 播客 網(wǎng)絡視頻行業(yè)概覽 9 影視 在線 下載 DVD 自創(chuàng)欄目 寬頻影視 視頻 網(wǎng)絡視頻服務 UGC CDN P2P 網(wǎng)絡 視頻搜索 視頻廣告 市場前景 10 4 2 . 86 4 . 38 3 . 39 9 . 21 1 8 . 16 . 61 9 . 33 3 . 44 5 . 85 4 . 56 4 . 91 7 . 42020 2020 2020 2020E 2020E 國內(nèi)在線影視用戶 CAGR 125%(0305年 ) 單位 : 百萬 2020E 寬帶用戶 [1] 在線影視用戶 [2] source: [1]CNNIC, 17th China inter development report, 2020。 國內(nèi)帶寬費用相對較高。 ? 支付渠道： 電子支付等支付方式逐漸成熟。 ? 通過視頻，廣告能夠更好的契合觀眾的視聽習慣，達到較高的宣傳效果。 CoFounder, Clubciti, an Asiabased online auction pany ? Director of Investment Banking at China Everbright Securities ? Head of China Investment Banking for Dresdner Kleinwort Wasserstein ? Salomon Smith Barney / GSC Partners, Investment Banking and Principal Investments Group ? CSFB, General Industrials amp。A assignments ? Buyside advisory for Chinese IT services pany ? Buyside advisory for US based enterprise software pany ? Buyside advisory for $1BN US semiconductor pany ? Buyside advisory for $80BN US technology pany Mandated projects about to mence ? Buyside advisory for US Nasdaq traded Optical Components pany ? Buyside advisory for US Nasdaq traded Storage pany ? Buyside advisory for US privately held Optical pany Uniquely qualified to assist Check Point on China Mamp。 2020 2020 2020 2020E 2020E 2020E 國內(nèi)在線影視市場容量 CAGR 77%(0305年 ) 單位 : RMB 百萬 市場容量 增長率 20%7 . 4 0 %5 . 4 0 %6 . 4 0 %2 0 . 1 0%4 0 . 7 0%每周看 3次以上 每周看 1次 每兩周看 1次 每月看 1次