Charm Appoints Industry Pioneer Bao Li as CEO of Shangxing Media
(Nasdaq: CHRM) (“Charm” or the “Company”), a leading advertising agency in
of Shangxing Media, one of Charm’s three core business segments. The position
was previously held by founder, chairman and CEO of Charm Group, He Dang. Mr.
Li will also join Charm’s Executive Committee.
Shangxing Media, Charm’s principal media business, invests in and manages
a portfolio of premium TV advertising resources through exclusive arrangements
with Shanghai Dragon and Tianjin Satellite TV channels as well as four popular
programs on CCTV. Through this network advertisers leverage branded content
and other product placement techniques to create differentiated advertising
campaigns. Shangxing Media’s media consultancy team also works with television
channels and programs to enhance their content, expand their viewer base and
achieve higher ratings.
“We are seeing increasing demand from advertisers for advertising that
targets specific geographies and demographics in a consistent and effective
way through both traditional spot advertisements and, more recently, soft
advertising,” commented He Dang, founder, chairman and CEO of Charm. “Charm’s
Shangxing Media business, working closely with Charm Advertising, provides
advertisers access to premium targeted advertising resources and helps leading
channels and programs access Charm’s portfolio of blue-chip advertisers. As an
industry veteran, Mr. Li’s extensive experience in
sector and expertise in branded content marketing make him the ideal candidate
to manage Shangxing Media’s operations.”
Over his twenty year career, Mr. Li has become a high profile pioneer in
marketing strategies. He most recently served as the vice-director of
advertising at Anhui Television Network (“Anhui TV”) and the head of Anhui
Online TV, responsible for all of the network’s advertising sales, program
promotions and event marketing. Prior to these two positions, Mr. Li was
responsible for Anhui TV’s content procurement and branded content promotions.
Mr. Li’s extensive experience working with national advertisers and knowledge
of television media helped to elevate Anhui TV to one of
provincial television networks. According to CSM, Anhui Satellite TV, which is
broadcast nationally, was the 5th ranked satellite TV channel in terms of
viewership market share in 2009, and Anhui TV’s Finance and Economy channel,
which is broadcast within
channel in terms of total viewers in the first half of 2010. Mr. Li has won
numerous national awards for his work, recognizing his influence, creativity
and prominence in the TV industry.
Mr. Li holds a bachelor’s degree from Anqing University and an MBA from
Charm Communications Inc. (NASDAQ: CHRM) is a leading advertising agency
Charm Interactive, and Shangxing Media. Under the Charm Advertising and Charm
Interactive brands, Charm offers integrated advertising agency services from
planning and managing advertising campaigns to creating and placing
advertisements. Under the Shangxing Media brand, Charm has established a
portfolio of television advertising media resources through its exclusive
arrangements with four programs on CCTV, and two satellite television channels,
Shanghai Dragon TV and Tianjin Satellite TV, which includes not only
advertising time but also opportunities for placing branded content. Charm’s
clients include well-recognized brand names in
as well as emerging domestic leading brands. In
joint venture with international 4A advertising group Aegis Media, its
strategic investor, to operate its brand “Vizeum” in
information please go to http://ir.charmgroup.cn .
For investor and media inquiries, please contact: New York Amanda Sham Brunswick Group Phone: +1-212-333-3810 Email: firstname.lastname@example.org Beijing Henry Fraser Brunswick Group Phone: +86-10-6566-2256 Email: email@example.com
SOURCE Charm Communications Inc.