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2013 09-23

B-Ray Media’s Application Approved, Grandall Shanghai Acting as the Issuer’s Counsel

On 9 August 2013, the application filed by Chengdu B-ray Media Co., Ltd. (“B-ray Media” or “Company”) for non-public offering of A-share was passed and approved by the Issuance Examination Committee of CSRC. The Company intends to use the raised funds in purchasing 70% equity of Youxigu.com.

Grandall Shanghai Office has acted as the Issuer’s counsel with Ms. Wu Xiaoliang and her team servicing the case.

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