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Last $0.26 HKD
Change Today -0.005 / -1.92%
Volume 604.0K
As of 4:01 AM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

china 33 media group ltd (8087) Snapshot

Open
$0.26
Previous Close
$0.26
Day High
$0.26
Day Low
$0.26
52 Week High
11/18/14 - $0.74
52 Week Low
03/12/15 - $0.24
Market Cap
153.0M
Average Volume 10 Days
1.1M
EPS TTM
$-0.04
Shares Outstanding
600.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA 33 MEDIA GROUP LTD (8087)

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china 33 media group ltd (8087) Details

China 33 Media Group Limited, an investment holding company, provides printed media, outdoor, and audio advertising services for railway networks in Mainland China. The company operates and distributes periodicals, including Fellow Traveller, a monthly publication focusing on topical content and infotainment, and includes feature interviews, analyses, and cultural topics for affluent business and leisure travelers; and Shanghai Railway Magazine, a monthly publication distributed on high-speed railway passenger trains operated by the Shanghai Ministry of Railway for the elite groups of business travel. Its periodicals also comprise Ever Green, a publication distributed on first class cabins of Hainan Airlines with content, including oriental culture information, culture, fashion, health, gender, and consumption, focusing on men's health quality guidelines; and City Life Magazine, a periodical distributed on regular trains and/or high speed trains that provides enterprises with brand promotion and product marketing. In addition, the company is engaged in the sale of advertising space on the air traffic control tower at 20 selected civil airports, as well as at trains and railway stations; and sale of advertising air time through audio broadcasting during train transmission. Further, it has the production rights for Geographic China, a program of China Central Television’s Science & Education Channel; and provides management and consulting services, and Chinese culture research and education. The company serves customers in real estate, automobiles, financial services, telecommunications, home appliances, information technology, garments and accessories, construction materials, food and beverages, and tourism industries. China 33 Media Group Limited was incorporated in 2010 and is headquartered in Beijing, China.

446 Employees
Last Reported Date: 03/28/14
Founded in 2010

china 33 media group ltd (8087) Top Compensated Officers

Executive Director and Member of Nomination C...
Total Annual Compensation: CNY472.0K
Executive Chairman, Compliance Officer and Me...
Total Annual Compensation: CNY472.0K
Compensation as of Fiscal Year 2013.

china 33 media group ltd (8087) Key Developments

China 33 Media Group Limited Announces Board Changes, Effect from March 5, 2015

China 33 Media Group Limited announced that Peng Lichun has been appointed as an executive director of the company with effect from March 5, 2015; Yu Shun Yan Verda has been appointed as an independent non-executive director, member of audit committee, member of remuneration committee and chairperson of nomination committee of the company with effect from March 5, 2015; and Chen Shaofeng and Mr. Wang Jianqing have tendered their resignation as independent non-executive director and non-executive director of the company with effect from March 5, 2015 due to other business commitments.

China 33 Media Group Limited Announces Change of Directors

The board of directors of China 33 Media Group Limited announced that Mr. Han Wenqian has tendered his resignation as executive Director with effect from 6 February 2015 because he would like to focus his time on his duties as the chief executive officer of the Company. Mr. Han has confirmed that he has no disagreement with the Board. The Board announced that Ms. Yang Kan has been appointed as executive Director with effect from 6 February 2015.

China 33 Media Group Limited Announces Earnings Guidance for the Year Ended 31 December 2014

China 33 Media Group Limited announced earning guidance for the year ended 31 December 2014. For the year ended 31 December 2014, the Group is expected to record a loss for the year ended 31 December 2014. The Board believes that the loss was mainly attributable to the significant decrease of revenue for the year ended 31 December 2014 as a result of significant decrease of the number of advertising customers of the periodical, namely and advertising spaces on billboards and LEDs at train stations as those customers had not renewed their contract upon the expiry of the then contract period by December 2013; and reduction in the number of advertisements in the airports' air traffic control towers, as some customers had not renewed their contract upon the expiry of the then contract period by mid 2014; and high fixed costs including amortization of advertising agency fee and printing costs of the periodicals, which collectively led to a loss for the year ended 31 December 2014.

 

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