Focus Media: Revision Explanation of the Draft Prospectus for the Issuance of Shares to Purchase Assets

date
03/03/2026
Focus Media announced that the company plans to purchase equity of Chengdu Xinchao Media Group Co., Ltd. by issuing shares and paying cash. On January 9, 2026, the application documents for this transaction were accepted by the Shenzhen Stock Exchange. On January 23, the company received a review inquiry letter and made corresponding adjustments in the "Report on the Issuance of Shares and Payment of Cash for the Purchase of Assets and Related Party Transactions." The revised content involves major risk warnings, transaction overview, target situation, evaluation situation, etc., including information on risks ranked by importance, additional transaction synergy effects, and market share.