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Shanghai Xinhua Media Co Ltd

Shanghai Xinhua Media Co., Ltd. is a publishing and media enterprise engaged in the cultural media business in China. Its activities include publishing and distributing textbooks for kindergartens, primary and secondary schools, and vocational schools, as well as newspaper and magazine operations. The company also owns and operates bookstores and is involved in e-commerce, advertising agency, and media investment businesses. Founded in 1992, it is headquartered in Shanghai, China.

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Xinhua Media plans major asset restructuring, to acquire controlling stake in Jiemian Cailianshe

Xinhua Media announced that the company plans to acquire a controlling stake in Shanghai Jiemian Cailianshe Technology Co., Ltd. through a share issuance, which is expected to constitute a major asset restructuring but not a backdoor listing. The transaction constitutes a related-party transaction, with the counterparties preliminarily identified as entities including Shanghai United Media Group Culture New Media Investment Management Co., Ltd., a wholly owned subsidiary of the controlling shareholder Shanghai United Media Group. Trading in the company's shares has been suspended since September 7, with the suspension expected to last no more than 10 trading days. The transaction is still in the planning stage, and the valuation and pricing of the underlying assets have not yet been determined.
上海证券报·11dRead more →
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Changyuan Donggu Plans to Acquire 100% Stake in Kanghao Electromechanical for 5.01 Billion Yuan

Changyuan Donggu plans to purchase a 100% stake in Kanghao Electromechanical from Xinyuan Power by issuing shares, with a transaction price of 5.01 billion yuan, constituting a major asset restructuring. Kanghao Electromechanical is mainly engaged in heat exchange systems and power unit businesses. This transaction will promote the listed company's strategic upgrade from manufacturing single core engine components to core supporting systems. In addition, Xinhua Media plans to acquire a controlling stake in Jiemian Cailianshe, and its shares remain suspended. Jin Chengzi is planning to acquire a controlling stake in Zhibotaike, and its shares are suspended. CICC has received approval from the China Securities Regulatory Commission to merge with Dongxing Securities and Cinda Securities through absorption.
为公司或诺瓦数字技术自有资金·12dRead more →
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Xinhua Media's 2026 interim net profit reaches 32.7649 million yuan, up 1.29% year on year

Xinhua Media released its 2026 interim report, with total operating revenue of 631 million yuan, up 0.03% year on year, and net profit attributable to the parent of 32.7649 million yuan, up 1.29% year on year. Net cash inflow from operating activities was 72.5756 million yuan, ranking seventh among disclosed peer companies. The company's asset-liability ratio was 33.92%, gross margin was 30.17%, return on equity was 1.30%, and diluted earnings per share was 0.03 yuan. The number of shareholders was 44,000, and the top ten shareholders held 54.96% of the total share capital.
Jiemian·23dRead more →