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According to Focus Media's announcement, it plans to purchase 90.02% of Chengdu Xinchao Media's shares held by 45 counterparties including Zhang Jixue by issuing shares and paying cash. Referring to 2024 financial data and transaction prices, the total assets, net amount and revenue of the target company were $7.794 billion, $7.794 billion, and $1,988 billion respectively. The corresponding targets for mass media were $22.79 billion, $17.027 billion, and $12.262 billion. The transaction did not constitute a major asset restructuring, as none of the indicators exceeded 50% of the corresponding indicators of Focus Media. However, the deal constitutes a related transaction, and it is proposed to hire Zhang Jixue as vice president, etc. At the same time, the transaction did not constitute a restructuring and listing, and the company's control and main business remained unchanged.

Zhitongcaijing·12/30/2025 14:01:09
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According to Focus Media's announcement, it plans to purchase 90.02% of Chengdu Xinchao Media's shares held by 45 counterparties including Zhang Jixue by issuing shares and paying cash. Referring to 2024 financial data and transaction prices, the total assets, net amount and revenue of the target company were $7.794 billion, $7.794 billion, and $1,988 billion respectively. The corresponding targets for mass media were $22.79 billion, $17.027 billion, and $12.262 billion. The transaction did not constitute a major asset restructuring, as none of the indicators exceeded 50% of the corresponding indicators of Focus Media. However, the deal constitutes a related transaction, and it is proposed to hire Zhang Jixue as vice president, etc. At the same time, the transaction did not constitute a restructuring and listing, and the company's control and main business remained unchanged.