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Recent Updates — BAOS

August 25, 2026View Source ↗

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.

August 20, 2026View Source ↗

On August 20, 2026, Baosheng Media Group Holdings Limited announced a strategic cooperation memorandum of understanding with 58.com Group. The partnership focuses on AI marketing and advertising to build an ecosystem for "AI + Smart Local Services." Baosheng will provide AI virtual human technology, intelligent media-buying capabilities, and omnichannel online marketing support, while 58.com contributes local-services scenarios and offline operating resources. The collaboration aims to explore applications in virtual human livestreaming, smart tourism, and joint commercial operations across travel e-commerce and offline commercial settings. The MOU is non-binding regarding specific commercial terms, with definitive agreements to be negotiated separately based on preliminary evaluations. Baosheng Media Group Holdings Limited operates as a China-based provider of online marketing solutions.

August 18, 2026View Source ↗

Baosheng Media Group Holdings Limited announced on August 17, 2026, that it entered into a non-binding strategic acquisition memorandum of understanding to acquire a 40% equity interest in Blue Intelligence Cloud Innovation Technology (Beijing) Co., Ltd. The transaction aims to integrate the target's AI-powered capabilities, including intelligent marketing and data analytics, with Baosheng’s existing business to accelerate expansion into AI marketing technology. Baosheng will conduct due diligence for approximately 30 business days before executing definitive agreements. This strategic investment supports the company's transition toward an AI-native short-form video marketing provider.

August 11, 2026View Source ↗

Baosheng Media Group Holdings Limited terminated its Securities Purchase Agreement with High West Partners LLC on August 12, 2026. The agreement, dated July 10, 2026, authorized the issuance of up to US$30 million in ordinary shares. Prior to termination, the company sold 255,328 shares under the arrangement. Baosheng Media Group Holdings Limited operates in the media and entertainment industry.