Chinese news media 680 million acquisition of Kunihiro glorious march radio advertising（中国新闻媒体6.8亿年收购Kunihiro光荣的电台广告）.doc

Chinese news media 680 million acquisition of Kunihiro glorious march radio advertising Research papers Download News: Today, the Chinese news media [0.00 0.00% stock research reports] (000,793, previous closing price 6.63 yuan) declared the company in January 8 and the National Guang Holdings, Urumqi Sheng Tian Yu Equity Investment Management Co., Ltd. Beijing rivers Dayu Technology Center signed an equity transfer agreement lt;lt; gt;gt;, the company intends to purchase the said three companies jointly held by Kunihiro glorious advertising company (hereinafter referred to as glorious Kunihiro) 100% equity, the equity transfer price amounted to 680 million yuan. The acquisition also means that the Chinese news media to enter the field of radio advertising. According to the announcement, the Chinese news media were purchased in cash Kunihiro Holdings, Sheng Yu Tianyu and river were held by Kunihiro glorious 51%, 29% and 20% equity, the transfer price was 347 million yuan, 197 million yuan and 136 million yuan, the total purchase Kunihiro glorious 100% equity interest in its Chinese Guang Holdings is a major shareholder in Shanghai Yufu Assets Management Limited’s controlling shareholder, actual controller of the company and therefore the Acquisition constitutes a connected transaction. Currently, Kunihiro glorious national broadcasting frequencies obtained CRI exclusive rights, including radio advertising business, including international units three internal frequency, namely: global information broadcast, Jin Song FM and Easy FM, including, but not limited to: the Global Information Beijing FM90.5, Shenzhen FM107.1, Chongqing FM91.7, Jin Song FM Beijing FM88.7, Shanghai FM87.9, Guangzhou FM88.5, Easy FM channels such as Beijing FM91.5 advertising agency. Kunihiro glorious results, as of December 31, 2012 total assets of 169 million yuan, total liabilities amounted to 81.0374 million yuan, equity attributable to equity holders of 87,776,400 yuan, year 2