We currently provide TV advertising service for the real estate and automotive clients, in the Nanning TV of Guangxi based on our cooperation contract.

Company obtained advertising time slots on four channels from Nanning Television Station for advertisements in respect of the automotive and related industries and the right to design and produce mini-programs and relevant advertisements focusing on the automotive industry, during which advertisements can also be aired. 

The Group intends to further explore its television advertising business and become one of the key elementservice providers for cross-media television strategyoperators and related media resources. Building on our integrated media and event planning capability, we will increase our investment and scale of operation by implementing a comprehensive agency model which spans from designing unique advertisements on newspapers and printed media to television according to the overall marketing needs of customers. We are also currently negotiating with various potential television operators for partnership arrangement similar to our comprehensive/partial cooperation with newspapers.