PPM showcases development potential to investors
Phoenix Publishing and Media Inc (PPM) welcomed more than 20 investors from leading financial institutions on Aug 29.
The investors' visit to PPM was the first stop on a tour of companies in Jiangsu province organized by the Listed Company Association of Jiangsu.
The investors were received by senior executives of PPM, including the president, Sun Zhenfu, vice presidents Xu Yunxiang and Song Jishu, and the company's CFO Wu Xiaoyu.
During the tour, the two sides exchanged their ideas on issues such as PPM's key management and operational strategies, the Chinese government's new policies regarding primary and secondary education textbooks on morality and rule of law, Chinese and history, the cooperation between PPM and People's Education Press, textbook pricing, publishing standards for reference books, corporate merger and acquisition strategy, the influence of paper price inflation, the extension of preferential tax policies and copyright import and export.
The tour offers a chance for investors to learn more about PPM and development of the publishing industry and the impact of new policies on PPM, which can help investors gain stronger confidence in PPM's sustainable and steady growth.