A · Important
[Focus Media: The Shenzhen Stock Exchange resumed review of the company’s purchase of 90.02% of Xinchao Media’s shares] On August 31, Focus Media (002027.SZ) announced that the company planned to issue shares and pay cash to purchase 90.02% of the shares of Chengdu Xinchao Media Group Co., Ltd. On August 29, 2026, the company received a notice from the Shenzhen Stock Exchange agreeing to resume the review of this transaction. Previously, the Shenzhen Stock Exchange suspended its review of this transaction due to expired financial information. At present, the company has completed the update of financial information and other work. This transaction still needs to be reviewed and approved by the Shenzhen Stock Exchange, approved by the China Securities Regulatory Commission for registration, and passed the review of concentration of operators by the Anti-Monopoly Bureau of the State Administration for Market Regulation. There is uncertainty as to whether it can pass and when.
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