Radio and television information asset injection scheme has yet to be approved by relevant departments

Sun into the radio and television information (600637.SH) prior to the reorganization of the bred sector attention to finally settle the dust, Shanghai Oriental Media Group Co., Ltd. (hereinafter referred to as "Oriental Media", the original Shanghai Media Group) under the new medium plate to backdoor the process of landing in the domestic capital market is further clear. Today, the radio and television Information Bulletin said, the proposed injection of broadcasting and television information assets for the Oriental media, the quality of the new media section, including the Hundred-Vision technology 100% Equity, SMG Technology 100% Equity, radio and television production of 100% Equity, 21.33% stake in the letter investment. Covers new media technology, operations, production and investment platform. After the completion of the reorganization, the Oriental media will hold 41.92% shares of radio and television information, in a holding position.　　The Oriental Media is the second largest media group in China.　　The transaction has yet to be approved by the relevant authorities. Hundred-vision technology is China's first specialized in IPTV, mobile TV and other new media business operations company, is China's radio and television layout of the most complete, the largest new media company, with the industry's first advantage.　　By the end of 2009, the Hundred-vision technology by user volume is the world's largest IPTV technology and operational services provider, the Chinese market share of more than 80%. The technology adopts a light asset, low-cost business model. Its IPTV business and mobile TV business are based on the network of telecom operators and need not undertake the investment of telecommunication network infrastructure construction.　　At the same time, in the promotion of the above business can be linked to the marketing of telecommunications-related products, marketing costs and services to reduce the cost of charges.　　As one of the biggest new media genuine copyright purchasers in China, the technology of hundred-vision communication has the support of the controlling shareholder's Oriental media and the copyright resources. In addition to the hundred-vision technology, the transaction injected into the listed company's assets also includes radio and television production, SMG Technology and other media information technology services and equipment engineering business assets business, this part of the asset business for the media and information industry to provide technical services to the listed companies in the future development of new media business support　　The investment is a company that invests in the digital home Service, the modern Logistics information Service, the Financial Information Service and the enterprise data Trusteeship Service as the core business, and will form a certain synergy effect with the new media Technology Service and the marketing business of the technology of the Hundred vision. The net profit of the proposed assets attributable to the parent company in 2009 is about 190 million yuan, the return on net assets is over 13%, and the net profit attributable to the parent company's shareholders has increased by more than 50% per cent in the last 3 years.