Asiaray Obtains the Exclusive Concession Right for Operating Advertising and Media Resources in Zhengzhou Airport Terminal 2 Further Enhances Its Leading Position in China’s Airport Advertising Market

Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993), a leading out-of-home media company with a strategic focus on airport and metro line advertising, announced that Henan Airport Asiaray Company Limited, an indirect subsidiary of the Group which is owned as to 51% by Shenzhen Asiaray Advertising Company Limited and 49% by Henan Airport Group Company Limited, has secured the exclusive concession right to use and operate advertising and media resources in Zhengzhou Airport Terminal 2 and the General Transportation Center for a term of seven years with a three-year conditional renewal option.

For details, please refer to the press release: [Link]

Asiaray
2015-12-29
Corporate News