Focus Media Technology (Shanghai) Co., Ltd. signed an equity transfer agreement to acquire Chizhong Information Technology (Shanghai) Co., Ltd. from Focus Media (China) Holding Ltd. for CNY 1.5 billion on February 28, 2015. As on April 8, 2015, the Shanghai Zhangjiang Hi-Tech Park Management Committee approved the transfer. The deal was approved by Focus Media (China) Holding Ltd.

Focus Media Technology (Shanghai) Co., Ltd. completed the acquisition of Chizhong Information Technology (Shanghai) Co., Ltd. from Focus Media (China) Holding Ltd. on April 14, 2015.