Baosheng Media Subsidiary to Sell 42.86% Stake in Shanxingzhe Partnership for RMB 15 Million

Baosheng Media Group Holdings ( (BAOS) ) just unveiled an update.

On April 4, 2026, Baosheng Media’s indirectly wholly owned subsidiary Beijing Xunhuo E-Commerce Co., Ltd. agreed to sell its 42.8571% partnership interest in Guangzhou Shanxingzhe Technology Investment LLP to Guangzhou Yichuanghui Enterprise Management Consulting Co., Ltd. for RMB 15 million, a price broadly in line with an independent appraisal completed on March 30, 2026. The cash consideration, tied to a RMB 30 million subscribed capital contribution, will be paid in three installments through June 30, 2026, after which Beijing Xunhuo will relinquish all rights in Shanxingzhe, signaling a move to optimize resource allocation and bolster working capital while leaving the buyer as the new holder of the stake once registration changes are completed.

The agreement sets out customary representations and warranties, confirming that the transferred interest is free of encumbrances and that other partners have not objected to the transaction. It also requires the parties to cooperate on internal approvals and registration within three business days after the first payment, underscoring a structured exit from the investment that may streamline Baosheng Media’s portfolio and refocus capital toward its core operations.

More about Baosheng Media Group Holdings

Baosheng Media Group Holdings Limited is a China-based company operating through subsidiaries in online marketing and related digital services. Through units such as Beijing Xunhuo E-Commerce, it engages in investments and partnerships that support its broader media and technology-focused activities in the Chinese market.

Average Trading Volume: 17,078

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.05M

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