BEIJING, Dec. 17 /PRNewswire-Asia/ -- China Mass Media Corp. (NYSE: CMM) (the "Company"), a leading television advertising company in China, announced the results of the Company's annual general meeting of shareholders, which was held in Beijing on December 10, 2009.
At the meeting, shareholders approved the election of Mr. Kun Allen Chien and Mr. Yong Chen to serve on the board of directors of the Company. In addition, shareholders approved the increase of the Company's authorized share capital from US$1,000,000 divided into 1,000,000,000 shares of a par value of US$0.001 each to US$3,000,000 divided into 3,000,000,000 shares of a par value of US$0.001 each. The Company's memorandum and articles of associations were also amended to reflect the increase of the authorized share capital.
About China Mass Media Corp.
As a leading television advertising company in China, the Company provides a full range of advertising services, including advertising agency services, creative production services, public service announcement sponsorship services, and other value added services. The Company currently offers advertising time slots on CCTV Channels 1, 2, 4, E and F. CCTV is the largest television network in China. Since 2003, the Company has produced over 300 advertisements and has won a number of prestigious awards in China.
For further information, contact:
China Mass Media Corp.
Julie Sun
Vice President of Corporate Development
Tel: +86-10-8809 1050
Email: juliesun@chinammia.com
or
Christensen
Hong Kong:
Roger Hu
Tel: +852-2117-0861
Email: rhu@ChristensenIR.com
United States:
Linda Bergkamp
Tel: +1-480-614-3004
Email: lbergkamp@christensenIR.com
