China eCapital CEO Wang Ran recently published a post in his micro-blog, saying that “Le Vision Pictures closed a round of fundraising worth hundreds of millions of yuan”. In response, Le Vision said, the rumor was not accurate enough because the fundraising had not completed determined. However, an insider who is close to Le Vision’s senior management confirmed to us that Le Vision Pictures had completed round B fundraising, with an amount of around RMB200M. Insider disclosed to us that “the main investor in round A is Shenzhen Capital Group Co., Ltd., in addition to several co-investors.”

Source: PEdaily