DeHeng Provides Legal Services for
the "A" Round  Financing of Bookong Culture

2017-09-26

Recently, Bookong Culture announced the completion of "A" round financing from Sigma Square Capital and IDG Capital, of RMB 60 million. DeHeng Shanghai Office served as the legal counsel for this round of financing.

Bookong Culture, established in 2016, is an agency firm in media and entertainment. Its founder "Tongque Uncle" is a well-known figure in the field of new media marketing. The company is positioned at the long content IP and its full value chain services. Bookong Culture values IP development and the quality control of derivative works. Whether it be early stage IP creation or subsequent exploitation, Bookong Culture provides producer-like professional film and television production and marketing support, in an effort to ensure the sufficient exploitation of IP and the quality of the entire value chain process. The company has created such works as "Demon Hunt by Wu Cheng'en", "Si Hai Jing Qi", and "Detective Stories in Jiangning".

Attorneys of DeHeng Shanghai Office, including Zhang Lei and Fang Wen, provided a full range of legal services for this project. In the future, DeHeng will, as always, support the development of cultural IP projects and continue to provide quality legal services.