Recent events
Recent events tied to this brand in public sources.
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2026
China's SAMR conditionally approves Focus Media's acquisition of Xinchao Media with restrictive conditions
On October 9, 2026, China's State Administration for Market Regulation (SAMR) approved with restrictive conditions Focus Media Information Technology Co.'s acquisition of equity in Chengdu Xinchao Media Group Co., after finding the deal could eliminate or restrict competition in China's domestic elevator media advertising market. The decision, announced on October 10, requires Focus Media, Xinchao Media and the post-concentration entity to make six restrictive commitments, including continuing existing customer contracts and service levels, capping annual actual transaction prices at levels from the 24 months before the effective date, providing elevator media advertising services on fair, reasonable and non-discriminatory terms, waiving rights under existing exclusive clauses and not signing new exclusivity or automatic-renewal terms, and improving antitrust compliance. SAMR said it is the first conditionally approved concentration case in China's advertising industry.
2026
SAMR conditionally approves Focus Media's acquisition of Xinchao Media equity with restrictive conditions
China's State Administration for Market Regulation (SAMR) conditionally approved Focus Media Information Technology Co.'s acquisition of equity in Chengdu Xinchao Media Group on October 9, 2026, the first conditionally approved concentration case in China's advertising sector. SAMR found the transaction may have the effect of eliminating or restricting competition in China's domestic elevator media advertising market, and required Focus Media, Xinchao Media and the post-transaction entity to make six restrictive commitments covering existing customer contracts and commercial terms, service levels, annual actual transaction price caps tied to the 24 months before the effective date, fair, reasonable and non-discriminatory provision of elevator media advertising services without refusal or tying, abandonment of exclusivity clause rights, and improvement of the antitrust compliance system.
2026
Shenzhen Stock Exchange suspends review of Focus Media's acquisition of Xinchao Media
Focus Media's plan to acquire 90.02% of Chengdu Xinchao Media Group via share issuance and cash was suspended from review by the Shenzhen Stock Exchange at the end of June because the financial data in its application materials had expired; the company must submit updated financial materials to resume the review.