To spend 230 million yuan to build the media business extension shares two enterprises

The photoelectric April 7th evening announcement that the company intends to spend a total of 227 million yuan, respectively, acquisition of Air Media Group Limited (hereinafter referred to as Air Media) 5% shares and Shenzhen Jingzhun Focus Media Limited (hereinafter referred to as precision Focus Media) 28.4% stake.

The program shows that the photoelectric signed on April 7th and the Beijing spirit United Advertising Co., the "equity transfer agreement", the company agreed to use the self financing 150 million yuan to buy a 5% stake in the Air Media. With a 100% stake in the Air Media promised in 2015 audited net profit of 200 million yuan for the deduction of non pricing basis, the shareholders of Air Media equity valuation of 3 billion yuan. In addition, the board of directors considered and adopted the day of the company to no more than 76 million 680 thousand yuan to the acquisition of alternative media Focus Media precision of 28.4% stake in the motion.

Public information, Air Media main electronic media advertising and traditional media advertising business. Precise Focus Media for the enterprise to provide the solution of accurate communication and mobile Internet based on the precision marketing, is one of the leading provider of mobile marketing services, with independent research and development of micro interactive mobile marketing platform and ADUU mobile advertising platform that can be tailored for the enterprise full marketing, advertising, online and offline solutions for interactive analysis and resource data the.

In addition, the photoelectric shares will be 04 2015 to 08 August (today) opening date for the resumption of trading.

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