The company was founded in 2003, created an elevator media advertising model, became the first Chinese advertising media stock listed on the US NASDAQ in 2005, and was selected for the NASDAQ 100 Index in 2007. The company returned to A-shares in 2015, with a market capitalization exceeding 100 billion dollars, becoming the number one stock in the Chinese media. The key to the company's revenue exceeding 10 billion dollars is to seize the “elevator” core scenario. Elevators are the infrastructure of the city. The everyday life scene of elevators represents four words: mainstream people, must, high frequency, and low interference, and these four words are the core scarce resources that ignite brands today. The popular elevator media, covering 400 million mainstream consumers in Chinese cities, has more than 2.8 million elevator terminals, and has been rated as “China's Most Influential Brand Advertising Media”. The company's main business is the development and operation of lifestyle media. The company's main products are building media (mainly including elevator TV media and elevator poster media, etc.) and cinema screen advertising media. Corporate honors: After successively receiving heavyweight honors such as the “Most Valuable Media Award” at the New York Advertising Festival in 2018, the “China's Most Influential Communications Company of the Year” award at the Macau International Advertising Festival, and the “Best Innovative Marketing Award” at the London International Awards; in April 2019, at the 40-year Outstanding Media, Advertising and Brand Awards ceremony for reform and opening-up and the restoration of the advertising industry, Fenzhong, along with WeChat and Baidu, were awarded the “Top Ten New Media for Outstanding Contribution”; in June 2019, the company won the “ADMEN International Award” and the “ADMEN International Practical Gold Case Award” in July 2023. International Awards Practical Gold Case Award, “Outstanding Capital Value Enterprise” from the 2021-2022 Economic Observer in August 2022, “Most Innovative Digital Media Platform” at Busan International Advertising Festival, etc.
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