Television Media announced that the company, Mango Supermedia Co., Ltd. and Zhangjiajie Tourism Group Co., Ltd. intend to jointly invest in the establishment of “Zhangjiajie Mango Cultural Tourism Co., Ltd.” The registered capital of the joint venture is RMB 180 million; TV Media invested RMB 60 million with its own monetary capital, with an investment ratio of about 33.33%; Mango Supermedia invested RMB 60 million with its own monetary capital, with an investment ratio of about 33.33%; Zhang Lu Group invested RMB 60 million with its own monetary capital, with an investment ratio of about 33.33%.

Television Media announced that the company, Mango Supermedia Co., Ltd. and Zhangjiajie Tourism Group Co., Ltd. intend to jointly invest in the establishment of “Zhangjiajie Mango Cultural Tourism Co., Ltd.” The registered capital of the joint venture is RMB 180 million; TV Media invested RMB 60 million with its own monetary capital, with an investment ratio of about 33.33%; Mango Supermedia invested RMB 60 million with its own monetary capital, with an investment ratio of about 33.33%; Zhang Lu Group invested RMB 60 million with its own monetary capital, with an investment ratio of about 33.33%.