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Baosheng Media Group Holdings Ltd announced that four subsidiaries publicly listed certain long-aged accounts…
BAOSBaosheng Media Group Holdings Ltd
Baosheng Media Group Holdings Ltd announced that four subsidiaries publicly listed certain long-aged accounts receivable and one prepaid account on the Beijing Equity Exchange beginning August 21, 2026. The assets had an aggregate book balance of RMB226.2 million (US$33.41 million) as of April 30, 2026, but were appraised at only RMB8.56 million (US$1.26 million). Initial transfer floors total RMB8.56 million, with payment terms requiring 50% within five business days and the remainder within one month. No purchaser has been selected, and completion is not assured. Baosheng Media Group Holdings Limited operates in the media and advertising industry.