Asiaray was further award the Exclusive Concession Right to operate the advertising media of the third phase of Shenzhen Metro Line 4

Asiaray Media Group with a strategic focus on airport, metro line and high speed railway advertising, is pleased to announce that the Group has recently been further awarded the exclusive concession rights to operate advertising media at the third phase of Shenzhen Metro Line 4. Shenzhen Metro Line 4 is located at the city of Shenzhen, Guangdong, the PRC. Shenzhen Metro Line 4 is about 20.3 km with 15 stations, of which Fu Tian Kou An (Futian Port) station is connected to Lok Ma Chau station of Hong Kong MTR East Rail Line via Futian Port. Phase 3 of Shenzhen Metro Line 4 is approximately 10.8 kilometres (approximately 6.7 miles) long and has a total of 8 stations. Asiaray that the entering into of the exclusive concession rights agreement would enable the Group to exert their strengths and grasp market opportunities in metro advertising market in the PRC and create a greater return for the shareholders.

Press Release: [ here ]

Asiaray
2020-10-28
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