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According to Focus Media's announcement, the company plans to issue shares and pay cash to purchase 90.02% of Chengdu Xinchao Media Group Co., Ltd. On August 29, 2026, the company received a notice from the Shenzhen Stock Exchange agreeing to resume the review of this transaction. Previously, due to the expiration of financial data, the Shenzhen Stock Exchange suspended the review of this transaction. Currently, the company has completed work such as updating financial data. The transaction still needs to be reviewed and approved by the Shenzhen Stock Exchange, approval of registration by the Securities Regulatory Commission, and centralized operator review by the Anti-Monopoly Administration of the General Administration of Market Regulation. There is uncertainty about whether and when it will pass.

Zhitongcaijing·08/31/2026 11:01:21
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According to Focus Media's announcement, the company plans to issue shares and pay cash to purchase 90.02% of Chengdu Xinchao Media Group Co., Ltd. On August 29, 2026, the company received a notice from the Shenzhen Stock Exchange agreeing to resume the review of this transaction. Previously, due to the expiration of financial data, the Shenzhen Stock Exchange suspended the review of this transaction. Currently, the company has completed work such as updating financial data. The transaction still needs to be reviewed and approved by the Shenzhen Stock Exchange, approval of registration by the Securities Regulatory Commission, and centralized operator review by the Anti-Monopoly Administration of the General Administration of Market Regulation. There is uncertainty about whether and when it will pass.