BEIJING, Jan. 4, 2011 /PRNewswire-Asia-FirstCall/ -- China
Mass Media Corp. (NYSE: CMM) ("China Mass Media" or the "Company"),
a leading television advertising company in China, today announced that Mr. Eric Wang Lam Cheung resigned as chief financial
officer of the Company, effective December
31, 2010, in order to pursue other interests. Ms.
Julie Zhili Sun, Vice President of
Corporate Development, takes over as chief financial officer.
Ms. Sun is currently a director and vice president of the
Company in charge of corporate development. Prior to joining
the Company in March 2008, Ms. Sun
was a director of investment banking at Polaris Securities
(Hong Kong) Limited, an associate
director of corporate finance at HSBC and a senior associate at BNP
Paribas Asia Limited. Ms. Sun received her master's degree from the
University of Houston and bachelor's
degree from Nanjing Normal University.
"Mr. Cheung joined our company in March
2008. We thank him sincerely for his service and
contributions." said Mr. Shengcheng Wang, Chairman and Chief
Executive Officer of China Mass Media.
Over the past three years, Mr. Cheung helped the Company
complete its initial public offering on the New York Stock Exchange
in August 2008 during a difficult
time in the capital markets and built stronger financial reporting
and internal control systems for the Company.
About China Mass Media Corp.
As a leading television advertising company in China, the Company provides a full range of
advertising services, including advertising agency services,
creative production services, public service announcement
sponsorship services, and other value added services. The Company
currently offers approximately 482 minutes of advertising time
slots per day on CCTV Channels 1, 2, 4, E and F. CCTV is the
largest television network in China. The Company has produced over 380
advertisements and has won a number of prestigious awards in
China and across the world,
including the "Gold World Medal" at The New York Festivals(R)
International Television & Film Awards.
For more information, please visit http://www.chinammia.com.
For further information,
contact:
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China Mass Media
Corp.
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Julie Sun
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V.P. Corporate
Development
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6/F, Tower B, Corporate
Square,
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35 Finance Street Xicheng
District
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Beijing,
100033
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P. R. China
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Phone:
+86-10-8809-1050
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Email: juliesun@chinammia.com
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Christensen
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Tip Fleming
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Phone: +852-2117-0861
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Email: tfleming@ChristensenIR.com
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Jenny Wu
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Phone: +852 6018 0753
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Email: jwu@ChristensenIR.com
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SOURCE China Mass Media Corp.