Jishi Media Co., Ltd. (SHSE:601929) agreed to acquire 3.77% stake in Jilin Wireless Radio & Television Transmission Co., Ltd. from Jilin Sound Screen Industrial Co., Ltd for CNY 0.7 million on January 9, 2013. In related transactions, Jishi Media agreed to acquire an additional 9.09% stake and 33.89% stake in Jilin Cable Radio & Television Transmission Co., Ltd. from a Jilin-based company and 19 natural persons on January 9, 2013. Following the completion of the deal, Jishi Media will own 100% stake in Jilin Wireless Radio.

Shareholders of Jishi Media Co., Ltd. approved the transaction on March 27, 2013.