(Correspondent Ma Zhangwei reporter Wu Shuangying) Yesterday, Guangbo Group Stock Co., Ltd passed audits by China securities regulatory commission restructuring commission, approved to purchase 100% shares of Tibet Shannan Lingyun Media Co., Ltd (Lingyun Media in short) by issuing shares and pay cash, and restructured plans to raise a matching funds.

　　Lingyun Media has a well-known women's fashion website Ellie fashion, mainly engaged in navigation website advertising, women's fashion website brand advertising business and special offer business. Its major customers includes well-known electric business platform like Vipshop, lafaso, Suning E-commerce and Nuomi, automotive websites like XCAR and Bitauto, as well as the well-known game sites like 9377.

　　According to the public announcement issued by Guangbo Stock on the evening of December 9, 2014, the company planned to purchase 100% shares of Lingyun Media by issuing shares and paying cahs, and raised matching funds. 80% is paid by issuing shares, that is, 0.64 billion yuan. And 20% is paid in cash, that is, 0.16 billion yuan.

　　Guangbo Group President Wang Liping showed, currently, the economic situation in our country is in the midst of shifting speed down and achieving quality and efficiency. New economy buck the trend for traditional economic development has brought unprecedented challenges. “Manufacturing requires the Internet thinking. Guangbo should grasp the needs of customers in the Internet era, make efforts to shift from manufacture to create.”