Wasu Media Holding Co.,Ltd announced a financing transaction

Wasu Media Holding Co.,Ltd is a China-based company principally engaged in the provision of information communication services. The Company mainly operates its business through Cable Television (TV) Network segment, Broadband Network segment and New Media segment. Cable TV Network segment includes cable TV network construction and programming content transmission services. Broadband Network segment provides personal and institutional customers with broadband network access and information services based on broadband network. New Media segment is involved in the content management, technical service and operation of new media business, including interactive TV, mobile TV, Internet TV and Internet audio-visual programs, among others.