What you need to know! Investing in CHINA Makes Good Sense!
CHMD is becoming a true media group with a broad range of interests in China. This company continues to add dimension to their media interests in China which are incredibly broad ranging.
While the individual accomplishments are impressive it is important to stand back and take an overall look at this company. Each incremental success adds to the over-arching success of the company.
It is completely reasonable to assume that the individual elements of this company will not only strengthen the company but are the foundation for a large media company with deep roots in China.
China Media Group Corporation now has their beta version of the directory search engine and website for the China TieTong Communications Co., Ltd. Guangdong Branch (”Guangdong TieTong”) Yellow Page Online directory.
CMG is currently a minority equity holder in GWCM. CMG and Guangzhou Waho Culture & Media Co., Ltd agreed to to provide the directory search engine and website for the Guangdong TieTong Yellow Page Online directory for the advertising rights to certain advertising spots on the directory website.
In China, the online advertising revenue is expected to grow from USD621 million in 2006 to USD2,188 million in 2010, an annualized growth rate of 37%.”
The website, www.cttyp.com , is in Chinese and is hosted in China. There will be a mirror website in 2008 to be hosted in Hong Kong which will be bilingual (English and Chinese), as there is a broader internet link to Hong Kong.
I can think of no better way to conduct an advertising campaign than to own the advertising venues!
CHMD has an incredible contract with China as a nation to get its healthcare message out.
Now it is buying the venues! This is the beauty of a company doing business in China. The venues are there to be created and to be purchased. This is truly a nascent economy which may ultimately dominate the 21st Century.
CHMD is positioning itself to develop its Health Education Message and to retain important assets once that project is completed. Smart, smart, smart as China hurdles itself towards the largest middle class this world has ever seen and CHMD is in the big middle of that incredible state sponsored urbanization.
CMG entered into a cooperative agreement with Guangzhou Waho Culture & Media Co., Ltd (”GWCM”) in early October 2007 to provide the directory search engine and website for the Guangdong TieTong Yellow Page Online directory for the advertising rights to certain advertising spots on the directory website.
China Media Group Corporation
9901 I.H. 10 West, Suite 800
San Antonio, TX, 78230
Hong Kong Office
1803 Chinachem Tower
34-37 Connaught Road, Central
Hong Kong, China
Phone: +852 3171 1209 ext 222
General Information: info@chinamediagroup.net
Investor Relations: ir@chinamediagroup.net
Website: http://www.chinamediagroup.net
Forward Looking Statement: This release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.
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