Hua Digital Media Reorganizes New Media Group

In addition, the meeting reviewed and approved the proposal to revise the <Articles of Association>, and Article 6 and Article 19 of the Articles of Association of the company have been amended: the registered capital of the company has been changed from RMB 1,146,680,902 to RMB 1,433 , 351,902 yuan; The total number of shares of the company changed from 1,146,680,902 shares to 1,433,351,902 shares, the company's share capital structure is 1,433,351,902 ordinary shares, no other types of shares.


According to the resolution passed by the company's 2013 annual general meeting of shareholders, which was submitted to the general meeting of shareholders for authorizing the board of directors to fully handle the issues related to this issue, it agreed to authorize the board of directors to “add the company’s registered capital according to the results of the actual non-public issuance of shares, and modify the company’s articles of association accordingly. Terms, handling changes in industry and commerce and related filing procedures and other related matters," Therefore, the above proposals need not be submitted to the company's shareholders meeting for approval.

In addition, Hua Digital Media recently announced the reorganization of its new media business group and the formation of two business divisions, the Internet Television Division and the Internet Business Division.

It is reported that Huada Media has previously divided its organizational units based on functional lines, based on industry trends, market-oriented and user-oriented, content-driven, structural adjustment and factor integration, and completed product-driven, business-oriented results. Construction of each business unit.

At present, the number of WCDMA Media's Internet TV coverage terminals reaches 60 million, and the number of active users exceeds 20 million. It has become the highest share of Internet TV integrated broadcast control licensee in the Chinese market.

Hua said that it will continue to expand and deepen cooperation with major TV manufacturers in terms of scale and depth, and establish and establish a successful model of “Hess Capital China’s Internet TV Joint Studio” with Hua Digital and Hisense to jointly create an Internet TV ecosystem. Chain, and thus ensure the sustainable development of Internet TV business. At the same time, it actively laid out ecological environment construction in 2015 and led the establishment of a 5 billion investment cultural industry fund to invest in content industries, Internet applications, cable networks, mobile Internet, cloud computing, and smart terminals, etc. related to “new media, new networks” and other fields. field.