Shanghai Oriental Pearl Media is a
cultural
Culture ( ) is a concept that encompasses the social behavior, institutions, and Social norm, norms found in human societies, as well as the knowledge, beliefs, arts, laws, Social norm, customs, capabilities, Attitude (psychology), attitudes ...
company engaged in
touring (including operations and management of
Oriental Pearl Tower
The Oriental Pearl Tower is a futurist TV tower in Lujiazui, Shanghai. Built from 1991 to 1994, the tower was the tallest structure in China until the completion of nearby World Financial Center in 2007. Its status as Shanghai's first AAAA ...
),
radio
Radio is the technology of communicating using radio waves. Radio waves are electromagnetic waves of frequency between 3 hertz (Hz) and 300 gigahertz (GHz). They are generated by an electronic device called a transmitter connec ...
and
TV transmission
Television (TV) is a telecommunication medium for transmitting moving images and sound. Additionally, the term can refer to a physical television set rather than the medium of transmission. Television is a mass medium for advertising, ent ...
service,
media
Media may refer to:
Communication
* Means of communication, tools and channels used to deliver information or data
** Advertising media, various media, content, buying and placement for advertising
** Interactive media, media that is inter ...
investments &
advertising
Advertising is the practice and techniques employed to bring attention to a Product (business), product or Service (economics), service. Advertising aims to present a product or service in terms of utility, advantages, and qualities of int ...
operations,
video game console
A video game console is an electronic device that Input/output, outputs a video signal or image to display a video game that can typically be played with a game controller. These may be home video game console, home consoles, which are generally ...
manufacturing and
software
Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications.
The history of software is closely tied to the development of digital comput ...
development; and
real estate investments. It is listed as one of the 50 pivotal large-scale enterprises by the
Shanghai
Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
government.
In late May 2014, the company announced it was forming two
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
s with
Sony
is a Japanese multinational conglomerate (company), conglomerate headquartered at Sony City in Minato, Tokyo, Japan. The Sony Group encompasses various businesses, including Sony Corporation (electronics), Sony Semiconductor Solutions (i ...
to develop video game consoles and software in China. The two joint venture companies were to be established in the
Shanghai Free-Trade Zone by a subsidiary of Shanghai Oriental Pearl and by Sony's China arm Sony Computer Entertainment (SCE) Shanghai. The company will own a 30% stake in one JV, and 51% in the other.
The company was removed from
SSE 50 Index
SSE 50 Index is the stock index of Shanghai Stock Exchange, representing the top 50 companies by "float-adjusted" capitalization and other criteria. In order to qualify as a constituent of SSE 50 Index, it must be a constituent of SSE 180 Index, ...
in May 2017, but remained in
SSE 180 Index
SSE 180 Index is the stock index of Shanghai Stock Exchange, representing the top 180 companies by "float-adjusted" capitalization and other criteria. SSE 180 is a sub-index of SSE Composite Index, the latter included all shares of the exchange.
...
.
External links
Shanghai Oriental Pearl (Group) Company Limited
References
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Companies in the CSI 100 Index
Former companies in the SSE 50 Index
Companies based in Shanghai
Culture in Shanghai
Government-owned companies of China
Chinese companies established in 1992
Mass media companies established in 1992
Companies listed on the Shanghai Stock Exchange
1992 establishments in Shanghai