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shifang holding ltd (1831) Snapshot

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shifang holding ltd (1831) Details

ShiFang Holding Limited, an investment holding company, engages in publishing and advertising businesses in the People’s Republic of China. It provides a series of newspaper advertising services; value-added advertising services, such as target markets and readership analysis, content development and planning, layout development, editing, and event organization; electronic publication dissemination services; and tailor-made digital advertising services, including the content draft, design, and production. The company also offers TV advertising services for real estate and automotive clients, including design and production of mini-programs and related advertisements focusing on the automotive industry; online services; and radio advertising services. In addition, it provides print media services to advertising customers in various industries; and various complementary services, including distribution management, publishing printed content by digital means, and providing market promotion values, as well as publication distribution consultation and management services. Further, the company offers integrated marketing services with a focus on Web products, computer software development and sales, and technical services; corporate management information consultancy; marketing, agent, and economic information consultancy for the real estate industry; and advertising services, including design, production, agency, and launch, as well as technology promotion and consultancy services. It serves consumer products, real estate, computer and communication products, telecommunications, home appliance retailing, automotive, home construction materials, healthcare and medicine, education, and classified advertisement sectors. ShiFang Holding Limited was founded in 2000 and is headquartered in Fuzhou, the People’s Republic of China. ShiFang Holding Limited (SEHK:1831) operates independently of China TopReach Inc as of July 17, 2015.

492 Employees
Last Reported Date: 09/11/15
Founded in 2000

shifang holding ltd (1831) Top Compensated Officers

Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY833.0K
Executive Director
Total Annual Compensation: CNY1.0M
Compensation as of Fiscal Year 2014.

shifang holding ltd (1831) Key Developments

ShiFang Holding Limited Announces Management Changes

The board of directors ShiFang Holdings Limited announced that with effect from 29 January 2016, Mr. Hong Pei Feng has resigned as executive director of the Company due to his decision to pursue other personal developments. The Board announced that with effect from 29 January 2016, Mr. Chen Zhi has resigned as the chief executive officer of the Company. The Board announced the appointment of Mr. Tsui, Yiu Ming Siuming as the chief executive officer of the company with effect from 29 January 2016. Personal details of Mr. Tsui are set out as follows: Mr. Tsui, aged 62, was appointed as an executive director of the Company on 6 December 2015 and is a member of the nomination committee of the company. Mr. Tsui is also appointed as a member of the Remuneration Committee of the Company.

ShiFang Holding Limited Provides Earnings Guidance for the Year Ended December 31, 2015

ShiFang Holding Limited provided earnings guidance for the year ended December 31, 2015. For the expects based on information currently available to the Group, the factors attributable to the loss include, the China macroeconomic growth was slowed down, newspaper advertising industry continued to decline due to the impact of new network media; and decline in business revenue.

Shifang Holding Limited Appoints Tsui, Yiu Ming Siuming as an Executive Director and Member of the Nomination Committee

The Board of Directors of ShiFang Holding Limited announced that the Board has approved the appointment of Mr. Tsui, Yiu Ming Siuming as an executive director of the Company with effect from 6 December 2015. Mr. Tsui, aged 62, is a famous director and producer in Hong Kong. He is the founder and the president of Hong Kong Television Association, was awarded in 2013 'World Outstanding Chinese' by the World Chinese Business Investment Foundation. Mr. Tsui has extensive experience in operations management, and has served as vice president of Asia Television Limited, chief executive of the Emperor Motion Pictures Group, executive director of i-Cable Entertainment Limited, chief operating officer of i-Cable Satellite Television Limited and president of Sundream Motion Pictures Limited. Pursuant to the service contract entered with the Company, Mr. Tsui is appointed as Executive Director of the Company for an initial term of three years commencing from his appointment date 6 December 2015 subject to termination by either party with two months' written notice in advance. He will be subject to re-election by the Company at general meeting. Mr. Tsui was also appointed as a member of the Nomination Committee of the Company.

 

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Valuation 1831 Industry Range
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Price/Sales 11.3x
Price/Book 9.4x
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TEV/Sales 13.3x
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