Shanghai Oriental Pearl Media Explained

Shanghai Oriental Pearl Media
Type:Public
Foundation:1992
Location City:Shanghai
Location Country:People's Republic of China
Key People:President

Mr. Xue Peijian

Area Served:People's Republic of China
Industry:Tourism and Media
Parent:Shanghai Media & Entertainment Group
Homepage:Shanghai Oriental Pearl (Group) Company Limited

Shanghai Oriental Pearl Media is a cultural company engaged in touring (including operations and management of Oriental Pearl Tower), radio and TV transmission service, media investments & advertising operations, video game console manufacturing and software development; and real estate investments. It is listed as one of the 50 pivotal large-scale enterprises by the Shanghai government.[1]

In late May 2014, the company announced it was forming two joint ventures with Sony to develop video game consoles and software in China. The two joint venture companies were to be established in the Shanghai Free-Trade Zone by a subsidiary of Shanghai Oriental Pearl and by Sony's China arm Sony Computer Entertainment (SCE) Shanghai. The company will own a 30% stake in one JV, and 51% in the other.[2]

The company was removed from SSE 50 Index in May 2017, but remained in SSE 180 Index.[3]

External links

Notes and References

  1. http://www.opg.cn/company_intro_en.htm Company Intro
  2. News: Two Chinese joint ventures planned by Sony in PlayStation push. 2014-05-26. Business Sun.
  3. http://www.sse.com.cn/market/sseindex/diclosure/c/c_20170531_4318582.shtml. zh:沪深300、上证50和中证500等指数2017年第一次定期调整样本股. 31 May 2017. 30 October 2017. Shanghai Stock Exchange. zh-cn.