This one should fly when this starts trading.
www.xinhuafinancemedia.com
XFML
XINHUA FINANCE MEDIA LTD Nasdaq National Market
Revenue : $58,966,432
Net Income : $3,344,291
Total Assets : $399,450,300
Total Liabilities : $295,190,171
Stockholders' Equity : $101,249,722
IPO Underwriters
Lead Manager(s) J.P. Morgan
UBS Investment Bank
Summary
Xinhua Finance Media Limited (XFM) is a diversified media company in China. The Company has developed an integrated platform that includes the creation and production of content that is distributed across nationwide television and print media outlets and radio in Beijing and Shanghai. XFM’s business operates across five groups: media production, broadcasting, print, advertising and research. On January 23, 2006, the Company acquired 19% of Accord Group Investments Limited. On July 28, 2006, it acquired 51% of Beijing Perspective Orient Movie and Television Intermediary Co., Ltd. Through Beijing Taide Advertising Co., Ltd. (Beijing Taide), an affiliated entity, XFM acquired 50% of Beijing Jingguan Xincheng Advertising Co., Ltd., or Economic Observer Advertising. XFM acquired the remaining 50% of the equity of Economic Observer Advertising through Beijing Taide on September 15, 2006. On August 1, 2006, Beijing Taide acquired 51% Shanghai Hyperlink Research Co., Ltd.