The Company operates as an online marketing solution provider in the People s Republic of China.
It connects advertisers, online media, and helping advertisers to manage their online marketing activities in various ways, including advising on advertising strategies, budget, and choice of advertising channels; procures ad inventory; offers ad optimization services; and administrates and fine-tunes the ad placement process. The Company also serves media businesses in various ways, including identifying advertisers to buy their ad inventory; facilitating payment arrangements with advertisers; assisting advertisers in handling ad deployment logistics with media; and engaging in other marketing and promotion activities aimed at educating and inducing advertisers to use online advertising. Its advertising services comprise search engine marketing (SEM) services, such as the deployment of ranked search ads and other display search ads offered by search engine operators; and non-SEM services consisting of social media marketing, in-feed advertising, and mobile app advertising through deploying ads on media, such as social media platforms, short-video platforms, news portals, and mobile apps.
HISTORY:
2018 In December 2018, the Company, Baosheng Media Group Holdings Limited was incorporated in the Cayman Islands.
In December 2018, Baosheng BVI, a direct wholly owned subsidiary of Company, was incorporated in the BVI as a business company with limited liability.
2019 Its company completed its reorganization on June 4, 2019.
Baosheng Hong Kong was incorporated in Hong Kong as a limited liability company in January 2019 and became a direct wholly owned subsidiary of Baosheng BVI and an indirect wholly owned subsidiary of Company.
In January 2019, Baosheng Hong Kong acquired 100 of the equity interests in Beijing Baosheng.
2021 Its ordinary Shares commenced trading on the Nasdaq Capital Market under the symbol “BAOS.” on February 8, 2021
On March 22, 2021, Baosheng Hong Kong established a wholly-owned subsidiary, Baosheng Network, a limited liability company in the PRC.
Headquarters
Building No. 8, Xishanhui, Shijingshan District, Beijing
Beijing; Beijing;
Postal Code: 100041
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