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sinomedia holding ltd (623) Details

SinoMedia Holding Limited, an investment holding company, provides nationwide television (TV) advertising coverage and campaign planning, and TV advertisement production services for advertisers and advertising agents in the People’s Republic of China. It focuses on media resources management, integrated brand communication services, creative production of advertisement and content, and new media investment and integration. The company has underwriting rights to the advertising time of channels, such as CCTV-1, CCTV-4, CCTV-5, CCTV-7, and CCTV-NEWS. It also provides TV advertising coverage, campaign planning, and TV advertisement and production services; advertisement design production, agency, conference, publishing, and technology promotion services; and information service, performance and brokerage business management, and exhibition design services. In addition, the company operates a nationwide public service advertising broadcast network of approximately 150 local television channels. Further, it operates, a video Website; Super Channel, a DTV channel; and, an agricultural portal, as well as sells computer software and ancillary equipment. The company was founded in 1999 and is headquartered in Beijing, China. SinoMedia Holding Limited is a subsidiary of Golden Bridge International Culture Limited.

610 Employees
Last Reported Date: 09/19/14
Founded in 1999

sinomedia holding ltd (623) Top Compensated Officers

Founder, Chief Executive Officer and Executiv...
Total Annual Compensation: CNY2.0M
Chairman, Chairman of Nomination Committee an...
Total Annual Compensation: CNY2.1M
Chief Internal Control Officer, Executive Dir...
Total Annual Compensation: CNY1.2M
Compensation as of Fiscal Year 2013.

sinomedia holding ltd (623) Key Developments

Sinomedia Holding Ltd. Announces Management Changes

The board of directors of SinoMedia Holding Limited announced that Mr. Chan Oi Nin Derek has tendered his resignation from all positions he held in the company, including, among others, (i) the Company Secretary of the company, (ii) the Chief Financial Officer of the company, (iii) a member of compliance committee of the company, and (iv) an authorised representative for the purpose of Rule 3.06(1) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited, with effect from 31 December 2014. Mr. Chan has confirmed that he has no disagreement with the Board and there are no circumstances related to his resignation which need to be brought to the attention of the shareholders of the company. The Board announced that Mr. Wang Yingda, currently the Vice President of the Group, has been appointed as (i) the Company Secretary of the company, (ii) a member of compliance committee of the company, and (iii) an authorised representative for the purpose of Rule 3.06(1) of the Listing Rules in place of Mr. Chan with effect from 31 December 2014.

SinoMedia Holding Ltd. Reports Earnings Results for the Six Months Ended June 30, 2014

SinoMedia Holding Ltd. reported earnings results for the six months ended June 30, 2014. For the year, revenue was RMB 836,428,000 against RMB 863,921,000 a year ago. Profit from operations was RMB 249,012,000 against RMB 239,796,000 a year ago. Profit attributable to equity shareholders of the company was RMB 179,214,000 or RMB 0.308 per diluted share against RMB 170,310,000 or RMB 0.296 per diluted share a year ago. In face of a complex market in the first half of 2014, revenue recorded a slight decrease while the operating expenses were under effective control, together with remarkable contribution from other revenue, thus the profit attributable to equity shareholders of the company well delivered, representing a stable increase of 5% over the same period of last year.

SinoMedia Holding Ltd., H1 2014 Earnings Call, Aug 28, 2014

SinoMedia Holding Ltd., H1 2014 Earnings Call, Aug 28, 2014


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