Central Publishing & Media Group Co., Ltd. (hereinafter referred to as "South Media") and Huawei signing ceremony held today in Beijing, the two sides will form a joint venture to integrate their respective industry chain advantages, work together to create a global digital publishing and professional users operating platform to expand to maintain a high growth rate of digital reading market. Cooperation agreement under the terms of

SOUTH media and Huawei will jointly on the former's new media company - the number of days of news media Technology (Beijing) Co., Ltd. for replenishment of the restructuring, the increase of the number of news days after the reorganization of the media Technology (Beijing) Co., Ltd. registered capital will reach 3.2 billion; of which South Africa holds a 51%stake in the media, with Huawei owning 49%of the shares.

"The cooperation with Huawei will help us find a way into the digital book market 'green channel'." Mr. Gong Shuguang, chairman of South Africa media, "said the content of South-class operating strength, and Huawei's leading technology and service level combination for the global digital reading users superior application experience. "

Mr. Guo Ping, executive vice president of Huawei, said:" Communications technology is more and more in-depth influence people communicate with the living, but also into all walks of life, and promote the upgrading of related industries. publishing industry is facing a number from a traditional print publishing to the historical opportunity of the transition, as the world's leading telecommunications equipment and solutions provider, Huawei will be fully integrated deep industry resources and technical achievements, and work the media South Africa to open up the world of digital reading market operators and related industries, markets, work together to build digital publishing brand in the world. "

today's digital reading industry has entered the era of cross-border development, content platform and integration technology platform has become the trend of benign, technology providers of digital publishing industry has become increasingly strong driving force for development, the media and Huawei South cooperation, not only is a new business Exploration, on the upgrading of digital reading industry will also have a positive impact.


On Central Publishing & Media Group Co., Ltd.

Central Publishing & Media Group Co., Ltd. is currently the main income scale media publishing the largest and most profitable listed publishing company, October 28, 2010 successfully landed on the Shanghai Stock Exchange, the current market value exceeded 200 billion yuan, under the jurisdiction of 20 shijiazi (sub) company, has a unique "multi-media, the whole process "industry format, covering books, newspapers, periodicals, audio-visual and electronic publications, websites, mobile media, multi-media media media framework, has compiled, printed, made for the publication of a complete industrial chain, its parent company, Hunan Publishing Investment Holding Group Publishing Group in 2010, the country ranked second overall strength.