Focus Media adjusts share price, volume for asset acquisition again

Focus Media Information Technology has announced an adjustment to the share issue price and number of shares for its asset acquisition involving Chongqing Jingdong Haijia E-commerce Co., Ltd. and other shareholders of Chengdu Xinchao Media Group Co., Ltd. The share issue price, initially CNY 5.68 per share and previously CNY 5.35 per share after the 2024 annual and 2025 half-year profit distributions, has been further adjusted to CNY 5.30 per share.

This latest adjustment follows the 2025 third-quarter profit distribution, where the company paid a cash dividend of CNY 0.05 per share (including tax) based on a total share capital of 14,442,199,726 shares. Consequently, the total number of shares to be issued for the acquisition has increased from 1,528,772,501 shares to 1,543,194,885 shares.

The company's asset acquisition plan remains unchanged apart from these adjustments to the share price and volume. The transaction is still subject to approval from regulatory bodies, including the Shenzhen Stock Exchange and the China Securities Regulatory Commission.