大涨超10%！腾讯音乐大动作，并购喜马拉雅！

Core Viewpoint - Tencent Music Entertainment Group announced a merger agreement to acquire Ximalaya for $1.26 billion in cash and stock, aiming to enhance user experience and creator revenue through resource sharing and joint development [1][3][4]. Group 1: Acquisition Details - The acquisition will involve a total payment of $1.26 billion in cash and the issuance of Class A common stock, not exceeding 5.1986% of Tencent Music's total shares outstanding prior to the transaction [2]. - Ximalaya will become a wholly-owned subsidiary of Tencent Music upon completion of the transaction, which is subject to regulatory approvals and other conditions [2][4]. Group 2: Ximalaya's Operations Post-Acquisition - Ximalaya will maintain its brand, product independence, core management team, and strategic direction after the acquisition [3][4]. - The company aims to continue its mission of sharing human wisdom through sound and providing high-quality audio products and services to users, creators, and partners [4]. Group 3: Financial Performance - Ximalaya's revenue for 2021, 2022, and 2023 was reported at 5.86 billion yuan, 6.06 billion yuan, and 6.16 billion yuan respectively, with a gross margin of 54%, 51.9%, and 56.3% [5]. - The adjusted net profit for Ximalaya was -718 million yuan in 2021, -296 million yuan in 2022, and 224 million yuan in 2023, indicating a turnaround in profitability [5]. - Tencent Music reported a total revenue of 28.401 billion yuan in 2024, a year-on-year increase of 2.34%, with a net profit of 6.644 billion yuan, up 35.04% [5].