Zhejiang newspaper media will be stripped of the news media assets the nternet Co can be difficult

restructuring, Zhejiang newspaper media will change the name of the listed company and the main business, the parent company will repurchase all newspaper business.

 

photograph: Heiloo creative

February 16th, Zhejiang newspaper media released again released a major asset restructuring progress announcement that the company has made clear the controlling shareholder intends to Zhejiang Newspaper Media Holdings Limited the sale of assets for media assets, the company is currently speeding up the agency due diligence, audit and other work will be clear as soon as the restructuring plan, and in get pre-approval of the relevant government departments after the timely resumption of the stock and the announcement of the applicant company.

 

according to Caixin reported earlier, the restructuring, Zhejiang newspaper media will change the name of the listed company and the main business, the parent company will repurchase all newspaper business.

Zhejiang newspaper media report shows that in 2015, the main business of newspapers and news media as the "Zhejiang daily", "evening news", according to the two reported revenues were 265 million yuan, 494 million yuan.

from the Zhejiang newspaper media business sector situation, in 2015 the newspaper issued 352 million yuan of revenue, compared with the previous year, a decrease of 9.57%, accounting for the proportion of Zhejiang newspaper media total revenue of about $10.31%, is the proportion of the top fourth business. Zhejiang newspaper media accounted for the largest online gaming operations revenue, revenue 911 million yuan, accounting for more than 26.71%.

Zhejiang newspaper media began the transition from 2013, has now entered the game, gaming, electricity providers, pension and big data fields. As the first to enter the capital market of newspaper media, Zhejiang newspaper for policy direction clear judgment and execution has been in the forefront.

frequently capitalized operation, party media Internet Co

Zhejiang newspaper group’s capitalization operation can be said to start early, rapid development, wide range. In early 1999, the Guizhou provincial Party committee secretary, the Zhejiang daily newspaper group president Chen Miner proposed the "media capital, development capital and media", begin a series of capital operation.

 

Chen Miner

October 2010, Zhejiang newspaper group to start the backdoor program, in May 2011 by the Commission reorganization committee conditionally passed, in September 2011 successfully listed on the Shanghai stock exchange. The listing process in Zhejiang newspaper group backdoor ST white cat, Zhejiang Newspaper Group newspapers and media operating assets into ST white subsidiary Zhejiang newspaper holdings owned, accounting for 64.62% of total share capital of listed companies to become the first major shareholder, created a "editing operations two separate" first media business assets listed.

2012, Zhejiang newspaper media launched the pass >

Leave a Reply

Your email address will not be published. Required fields are marked *