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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; advertising services, including design, production, agency, and launch; and technology promotion and consultancy services, as well as trading, wholesaling, and e-ecommerce 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.

291 Employees
Last Reported Date: 04/14/16
Founded in 2000

shifang holding ltd (1831) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: CNY103.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY734.0K
Executive Director
Total Annual Compensation: CNY1.2M
Compensation as of Fiscal Year 2015.

shifang holding ltd (1831) Key Developments

ShiFang Holding Limited Provides Earnings Guidance for the Six Months Ended 30 June 2016

ShiFang Holding Limited provided earnings guidance for the six months ended 30 June 2016. For the period, the Group is expected to continue to record losses for the six months ended 30 June 2016, mainly due to the continual decline in the revenue of the Group's newspaper advertising business which was adversely affected by competition from new online media and the receding economic growth in China; and the increase in staff costs and rental expenses incidental to the diversification and business development efforts of the Group.

Shifang Holding Limited Announces Change of Principal Place of Business in Hong Kong

The board of directors of ShiFang Holding Limited announced that with effect from 4 July 2016, the company's principal place of business in Hong Kong was changed to Suite 4701, 47th Floor, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong.

ShiFang Holding Limited Announces Resignation of Ng See Yuen as Independent Non-Executive Director and Member of Nomination Committee

The board of directors of ShiFang Holding Limited announced that with effect from 10 June 2016, Mr. Ng See Yuen has resigned as independent non-executive director of the company and member of the nomination committee of the company due to his other business engagements which require more of his dedication. Mr. Ng has confirmed that he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the company in relation to his resignation as an independent non-executive Director and member of the nomination committee of the company.


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TEV/Sales 6.0x

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