State Administration of Radio, Film and Television issued a document to regulate the listing of media enterprises on the New Third Board
On July 15, 2016, North New Media (833612) issued an announcement saying that according to the requirements of the State Administration of Press, Publication, Radio, Film and Television, "Notice of General Office of State Administration of Press, Publication, Radio, Film and Television on Strengthening the participation of Online Audiovisual Program Certification institutions in the Management of the" National Small and Medium-sized Enterprise Share Transfer System "(issued [2016] No. 46 by the State Administration of Radio, Film and Television) : "To participate in the national share transfer system, the license holder of the Information Network Broadcasting Audiovisual Program shall apply to the local provincial administration of Press, Publication, Radio, Film and Television. Only after the provincial administration of Press, Publication, Radio, Film and Television examines and reports to the State Administration of Press, Publication, Radio, Film and Television for approval, can it be listed in the national share transfer system. Those that have been listed in the National Small and medium-sized Enterprise Share transfer system shall go through the application and approval procedures again as required by this circular, and shall not conduct share trading in the National Share transfer System before obtaining the approval of the State Administration of Press, Publication, Radio, Film and Television." Therefore, Tianjin North Net New Media Group Co., Ltd. will apply to the National Small and Medium Enterprises Share transfer System for suspension in accordance with the requirements of the State Administration of Press, Publication, Radio, Film and Television, and resume the transfer after completing the supplementary approval.
According to the Business Rules of the National Small and Medium-sized Enterprise Share Transfer System (Trial), the Guide for Suspending and Resuming the Transfer Business of Listed Companies in the National Small and Medium-sized Enterprise Share Transfer System (Trial) and other relevant regulations, after the company applies to the National Small and Medium-sized Enterprise Share Transfer System, the Company's stock (securities for short: North New Media, securities code: 833612) on July 18, 2016 and the Company expects the transfer of shares to resume no later than August 18, 2016.
A number of listed companies or affected suspension
Except Northern New Media (833612), Nanjing Press Group's Longhu (831599), Hubei Daily Media Group's Jingchu (830836), Liaoning Daily Media Group's Beguo Media (832647), Jinan Daily Media Group's Shun Media (430658) and Jiangxi Daily's Dajiang Media (833072) may also be subject to the policy The influence of But except for Jingchu Net suspended trading on June 17, other companies have not issued a suspension announcement.
North new media introduction
Tianjin North Net New Media Group Co., Ltd. was founded on July 6, 2000, and listed on the New Third Board on September 25, 2015. The company is a group company jointly integrated by the former Tianjin North Network Co., LTD., Tianjin Network Radio & Television Co., LTD., Tianjin North Mobile Media Co., LTD., China Wide Media (Tianjin) Co., LTD., covering network media, IPTV, DTMB(Terrestrial digital television), CMMB and other broadcasting and new media businesses. Among them, Northern Net (www.enorth.com.cn) is one of the top ten mainstream news websites in China. With the precise positioning of "authoritative media and Tianjin portal", it creates a strong brand of local Internet portal. In the news and publicity pattern of "two newspapers, two websites and one Internet" in Tianjin, Northnet, as the leader of the Internet industry in Tianjin, has become an important carrier to spread the new Tianjin, new culture and new development. The network has more than 20 channels, with more than 40 million daily visits and 2.2 million registered users.
