Shanghai Yasu Advertising Media Co., Ltd. agreed to acquire Oriental Huashang (Beijing) Cultural Tourism Industry Development Co., Ltd. from Oriental Times Media Corporation (SZSE:002175) for CNY 1 on December 23, 2019. For the year ending December 31, 2018, Oriental Huashang (Beijing) Cultural Tourism Industry Development Co., Ltd. reported total assets of CNY 38.48 million, negative net assets of CNY 61.31 million, revenue of CNY 2.23 million, and net loss of CNY 49.9 million. This has been approved in the 21st Meeting of Oriental Times Media Corporation’s 6th Directorate. Shanghai Yasu Advertising Media Co., Ltd. cancelled to acquire Oriental Huashang (Beijing) Cultural Tourism Industry Development Co., Ltd. from Oriental Times Media Corporation (SZSE:002175) on December 23, 2020.