VisionChina Media Inc., through its subsidiaries, provides advertising services in the People’s Republic of China. It operates out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems. The company’s mobile digital television advertising network also delivers real-time content provided by the local television stations. In addition, its network displays real-time news and stock quotes, weather and traffic updates, sports highlights, and other programs; and disseminates public-interest messages and programs that promote the welfare of society, as well as other messages during emergency situations, such as typhoons, earthquakes, and other events that concern public safety. The company’s advertising network consists of digital television displays primarily located on buses, and in subway trains and subway platforms that receive mobile digital television broadcasts of real-time content and advertising. Further, it operates various closed-circuit advertising digital displays in subway platforms and subway trains in Beijing, Chongqing, Guangzhou, Nanjing, Shenzhen, and Tianjin, as well as in subway trains in Hong Kong. Additionally, it sells digital television displays or passenger information and direction system to its local operating partners. As of March 31, 2012, the company’s advertising network included 135,762 digital television displays on mass transportation systems in 20 cities. VisionChina Media Inc. sells its advertising time through direct sales force and third party advertising agencies. The company was founded in 2005 and is headquartered in Shenzhen, the People’s Republic of China.

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