Seven Happiness Holding Co., Ltd. was founded in 1997, located in Yunpu Industrial Zone, Huangpu District, Guangzhou City. The company has a registered capital of RMB 302.33 million, total assets of more than 1.5 billion yuan and more than 2,000 employees. The company was listed on the Shenzhen Stock Exchange in August 2004 (stock abbreviation: Seven Happiness Holdings, stock code: 002027), and on April 19, 2016, the company changed its full name from "Seven Happiness Holdings Limited" to "Focus Media Information Technology Co. Ltd.". At the same time, the registered capital of the Company was adjusted from RMB302,335,116 to RMB4,115,891,498.