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Youku Licenses Content to Wasu Media for Cable and IPTV Broadcasting
Wasu Media, 6/26/18
Zhejiang-based new media and cable TV network operator Wasu Media Holding (000156.SZ) has announced its wholly owned subsidiary Wasu Media Networks has reached a partnership agreement with Alibaba Group's (NYSE: BABA) online video platform Youku Tudou which will grant Wasu Media the national cable DTV and IPTV broadcasting rights for Youku's video content. Read More
Jack Ma, Shi Yuzhu Take 20% Stake in Wasu Media
Sina Tech, 4/08/14
Chinese media company Wasu Media Holding (000156.SZ) announced today that Yunxi Investment, an investment firm controlled by Jack Ma, chairman of e-commerce conglomerate Alibaba Group, and Shi Yuzhu, chairman of game developer Giant Interactive (NYSE: GA), has invested over RMB 6.53 bln in cash to acquire 20% of Wasu through the purchase of more than 286.67 mln newly issued shares. Read More
Update: Wasu in Talks with Investors
Sina Tech, 3/03/14
In response to reports that the company has received investment from Chinese e-commerce conglomerate Alibaba Group, Chinese media company Wasu Media Holding (000156.SZ) has issued a statement, revealing that the company halted trading of its shares yesterday to make revisions to its planned 2014 non-public share issuance plan. Read More
Alibaba, Wasu Announce TV STB 'Wasu Rainbow'
iFeng Tech, 7/22/13
Chinese e-commerce conglomerate Alibaba Group has announced the release of the company's new smart TV/STB operating system, as well as a new set-top box (STB) product jointly developed with Chinese media company Wasu Media Holding (000156.SZ), the "Wasu Rainbow" ("Huashu Caihong"). Read More
Wasu Digital Television Media to Buy Stake in China Cable Network
Shenzhen Stock Exchange, 11/20/12
In a public filing today, Zhejiang-based DTV and IPTV operator Wasu Media Holding (000156.SZ) announced that its controlling shareholder Wasu Digital Television Media Group has signed equity transfer agreements with Shanghai Zhongguang Sitong Media Investment (unofficial translation) and the Stone Group Corporation, in accordance with the requirements of Zhejiang's "one province, one network" integration plans, to acquire the two companies' shares in China Cable Network. Read More
Wasu Digital Television Media Completes Backdoor Listing
Shenzhen Stock Exchange, 9/04/12
Hunan-based aluminium, PVC, polyurethane, and plastic products manufacturer Genuine New Material Group (000156.SZ) has completed corporate restructuring and wholly acquired Wasu Media Network, a subsidiary of Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group, by issuing shares to Wasu Media shareholders through a private placement. Read More
CSRC Approves Wasu Backdoor Listing
Jinling Evening News, 6/15/12
In a recent public filing, Hunan-based plastics manufacturer Genuine New Material Group (000156.SZ) announced that the company's major asset restructuring plan has been conditionally approved by the China Securities Regulatory Commission (CSRC), clearing the way for Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group to list using Genuine as a shell company. Read More
Wasu Digital Television Backdoor Listing Plan Approved
LMTW, 8/22/11
The board of Hunan-based plastics manufacturer Genuine New Material Group (000156.SZ) has approved a major asset restructuring plan drafted with Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group. Read More
Wasu to Conduct Backdoor Listing on Shenzhen Stock Exchange
Shenzhen Stock Exchange, 5/10/11
Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group has signed a reverse merger agreement with Hunan-based aluminium, PVC, polyurethane, and plastic products manufacturer Genuine New Material Group (000156.SZ). Read More
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