Guangzhou Pearl River Enterprises Group Ltd. (广州珠江实业集团有限公司)

Phoenix Media Investment (Holdings) Limited, an investment holding company, provides satellite television broadcasting services in the People's Republic of China and internationally. The company operates in five segments: Television Broadcasting, New Media, Outdoor Media, Real Estate, and Other Businesses. The Television Broadcasting segment engages in broadcasting television programs and commercials; and provision of promotion activities through the operation of Phoenix Chinese and Phoenix InfoNews channels, as well as Phoenix Movies, Phoenix North America Chinese, Phoenix Chinese News and Entertainment, Phoenix Hong Kong, and other channels. The New Media segment offers Website portal and value-added telecommunication services. The Outdoor Media segment provides outdoor advertising services. The Real Estate segment is involved in the property development and investment activities. The Other Activities segment offers program production and ancillary services, merchandising services, magazine publication and distribution, and other related services. The company also engages in radio broadcasting, research and development, cultural development, exhibition, and software and games development activities; publishing and distributing periodicals; and the provision of aircraft chartering, education, agency, data and media technology, and technical consulting services. Phoenix Media Investment (Holdings) Limited was founded in 1996 and is headquartered in Tai Po, Hong Kong.