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We provide a wide range of integrated print media and digital media services to advertisers from a diversified spectrum of industries through a network of newspaper partners that spans more than 7 second-tier and third-tier cities across six provinces in the PRC. We believe our multi-city business model, pursuant to which we enter with our newspaper partners into cooperation contracts that provide us with exclusive rights to sell advertising spaces in these newspapers, is distinctive in China. In connection with sales of advertising spaces, we offer value-added advertising services such as design, layout, content planning and event organizing to form one-stop solution packages for our advertising customers. In addition, our exclusive contracts with our newspaper partners around the PRC allow us to provide our advertising customers with a single point of contact to create and place advertisement across any or all of the markets covered by our newspaper partners. We believe that our business model allows us to develop and offer a well-integrated array of services designed to satisfy the needs of our advertising customers, and helps us to distinguish ourselves from most PRC-based providers of advertising and advertising-related services.

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