Dig the net News of July 2, Fong Holdings (01831) announced the connected transaction, its wholly-owned subsidiary----hundred Readers and Beijing Network letter concluded an advertising service agreement, and the Beijing network letter has since May 19, 2011 to obtain a 10-year China Unicom easy to earn dazzling bell in China's exclusive right to operate. The total cost of the advertising service agreement is 2.16 million RMB and will be paid by hundreds of readers in cash to the Beijing net letter. According to the Advertising service agreement, the Beijing network letter will be in China's different regions of China Unicom easy to earn dazzling bell broadcast by the design of hundreds of readers www.duk.cn advertising total 12 million times. The Advertising service agreement will be extended from July 1, 2012 to June 30, 2013 for a total of 12 months. The Director believes that the conclusion of the Advertising service agreement is in line with the company will www.duk.cn mobile phone client paid reading business to mobile phone users to effectively promote the goal. Chenzhi for the company's director and chairman, together with his spouse's interests, Chen on the date of the announcement of Fujian Fong Digital 100% rights. Therefore, Beijing Network letter (for Fujian Fong Digital Direct non-wholly-owned subsidiaries) for the company's connected people.
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