于本公告日期，公众人士持有5,170,524股股份，相当于已发行股份约0.95%。因此，仍未符合上市规则 第8.08(1)(a)条所载的25%最低公众持股量规定。公司股份自2020年7月14日上午九时正起暂停于联交所 买卖，并将继续暂停买卖直至另行通知。 格隆汇 1 月 14日丨白马户外媒体(00100.HK)发布公告，公司获要约人通知，要约人一直在其财务顾问 协调下与各行各业的潜在投资者接洽，务求尽快恢复上市规则第8.08(1)(a)条所规定公司的最低公众持 股量。于本公告日期，要约人尚未与任何潜在投资者达成任何投资条款。由于恢复公司的公众持股量涉 及出售及╱或发行大量股份，加上考虑到就爆发COVID-19疫情所施加的限制措施及户外广告业经历 COVID-19后的市况，要约人向公司表示需要更多时间落实由要约人配售现有股份或由公司发行新股 份。 ...

白马户外媒体发布的数据显示，2016年上半年，来自电子贸易行业的收入贡献增至28%，比2015年上半年增加了15个 百分点；来自资讯科技行业的收入贡献增至17%，比2015年上半年增加了5个百分点。 广州户外广告疲态已现 格隆汇获得的数据表明截止2016年6月30日，白马户外媒体共经营位于国内26个城市的4.7万个广告牌位，比2015年上 半年的4.4万个增加了3000个，全部广告收入增加3.9%至8.90亿港元。 其中来自广州、上海、北京三个一线城市的收入共增加10.7%至5.42亿港元，但是只有广州录得负增长。 白马户外媒体（00100.HK）的股东系全球最大之户外媒体公司ClearChannelOutdoor与国内知名的多元化公司白马的联 盟。该公司于主要城市的市场占有率一直领先同侪,客户包括国际性及本地广告商。十年来的飞跃增长,始终以创立伊 始的方案为基石:在全国各地设置标准尺码广告板,让广告商能以统一体积的海报通行全国。 此前白马户外媒体（00100.HK）一直在6.7-7.17港元的区间震荡，今日股价突破震荡区间，涨7.55%，报7.69港元。 白马户外媒体（00100.HK）今日股市走强的主要原 ...

作者：黄旖琦 随着技术发展，电商业务崛起，智能手机渗透生活各方面，也成为重要的广告主。白马户外媒体(00100)表示，由于之 前经济放缓，导致来自传统行业客户的广告收入减少，电商和IT成为主要增长动力，业务占比约一半。 答：广告客户总数由去年6月底的519名减少至目前的424名，主要由于行业竞争越来越激烈，加上一些客户的销售放 缓，广告费承受能力减弱，流失到其他竞争对手中，但是我们无意价格战。 白马户外媒体公布中期业绩，据智通财经APP了解，今年上半年该公司总营业额同比增加1.8%至7.63亿元（人民币， 下同），而利润则减少15.5%至7685.4万元，主要因为早期投资后，资本开支摊销增加，加上变现导致汇率亏损。 白马户外媒体首席营运官张怀军表示，上半年的收入增幅并不满意，主要是因为上半年食品饮料等传统客户销售放 缓，广告投入减少，所以第一季收入下跌，幸好第二季回升。 但他指出，为了应对这方面冲击，公司已经寻求了新客户，尤其是电商和IT行业的广告需求加大，目前对业务占比已 经超过一半，是未来增长的主动力。 张怀军表示，近来户外广告行业的竞争激烈，但是无意打价格战，而且上半年还有提价，所以出租率下跌。虽然流失 ...

本次交易完成后，新潮传媒将成为分众传媒子公司，分众传媒在总资产、营业收入、归属于母公司股东 的所有者权益等方面将有所提升。从长期来看，本次重组完成后，随着分众传媒与标的公司逐步实现整 合，双方在产品品类、客户资源等方面的协同效应充分发挥，本次交易后，分众传媒将进一步提高在户 外广告领域的竞争力，增强持续经营能力。 上证报中国证券网讯（记者 陈梦娜）分众传媒12月30日晚间公告称，因部分原交易对方不再参与本次 交易，公司拟以发行股份及支付现金购买张继学、重庆京东、百度在线等45名交易对方合计持有的新潮 传媒90.02%的股份，本次交易对价为77.94亿元。 来源：上海证券报·中国证券网 ...

东外经贸大厦现状和设计效果图。 受访者供图 新快报讯 记者李佳文 通讯员成广聚报道 近日，广东外经贸大厦裙楼户外广告位置4年10个月使用权历 经8小时13分、1013轮激烈角逐，从1493.5万元底价飙升至1.04835亿元，最终由凤凰都市传媒（广州） 有限公司竞得。这次交易创造了广州市户外广告位置使用权公开出让最高增值率，成交价格创新高。 近年来，户外广告行业传统模式承压、市场活力不足，同时城市空间品质提升面临挑战。广州市城市管 理和综合执法局通过政策松绑、资源挖潜、前瞻规划的系统性组合拳，为户外广告行业发展拓宽发展空 间。今年以来，广州城管通过出台政策激活行业创新活力，先后释放广州塔、白云机场等重点区域共37 处优质点位、699块广告牌，以优质资源供给提振行业发展信心。 据了解，本次拍卖的户外广告点位，位于天河区天河路与体育东路交界的广东外经贸大厦裙楼。该大厦 裙楼朝向西南，与天河体育中心、正佳广场、万菱汇等天河路商圈建筑隔路相望，平日有不少车辆和行 人经过。该裙楼现况设有相对简易的商户招牌；按照广州市城管部门的规划方案，承载户外广告的裙楼 外立面，将改造为一处设有曲面显示屏的外立面。 这个竞价结果体现了 ...

Core Insights - The outdoor advertising rights for the Guangdong Foreign Trade and Economic Building were auctioned, with the final bid reaching 104.835 million yuan, significantly exceeding the starting price of 14.935 million yuan, marking a record high for public auctions in Guangzhou [1][2] - The auction reflects the immense potential of premium outdoor advertising in Guangzhou's core business districts, indicating a strong market demand despite challenges faced by the industry [2][3] Industry Developments - The Guangzhou Municipal Bureau of Urban Management has implemented various measures to support the high-quality development of the outdoor advertising industry, focusing on resource optimization and ensuring safety and quality [2] - The release of 37 premium advertising locations and 699 advertising boards in key areas like the Guangzhou Tower and Baiyun Airport aims to boost industry confidence and maximize the value of urban space [2] Market Dynamics - The competitive bidding process for the advertising rights was described as the most intense in the history of outdoor advertising rights auctions, showcasing the high demand for quality advertising spaces [2] - The successful bid by Phoenix Media reflects a strategic investment in Guangzhou, highlighting the city's economic resilience and the attractiveness of its core commercial areas [2][3] Value Creation - The high transaction price for the advertising rights signifies a maturation of urban public space resource management, providing a benchmark for asset pricing in the outdoor advertising sector [3] - The establishment of a public auction system in Guangzhou is seen as a model for other major cities to optimize outdoor advertising management and enhance the utilization of public space resources [3]

关于《程序化户外广告投放曝光测量技术要求》 该要求以德高集团全球数据部门开发的受众测量系统为核心技术依据，直接指导地铁和机场的户外广告曝光测量方法。 其中针对地铁广告的"地铁受众测量系统"(MAM)，依托专业算法和权威数据，算出核心指标曝光量(Impression)——即特定广告位在乘客面前的实际展示次 数。测算逻辑是结合车站人数、客流动线、媒体尺寸、广告播放时长得出结果。 前言：户外广告业长期无统一曝光测量标准，数据口径不一、品牌方决策难。应行业刚需，德高主导的《程序化户外广告投放曝光测量技术要求》获CCSA 发布，填补空白、规范行业测量，推动行业迈入标准化新纪元。 2025年12月1日，中国通信标准化协会(CCSA)正式发布《程序化户外广告投放曝光测量技术要求》(标准号：T/CCSA738-2025，T/CAAAD006-2025)。该标 准由德高中国全程主导立项、推动与建设，并成功获CCSA权威认可发布。 这一成果不仅标志着德高中国作为标准的发起方和定制方，成为行业内领先获得权威机构认可的企业，更宣告户外广告行业迎来标杆性的程序化户外广告投 放曝光测量行业团体标准——其为程序化户外广告投放与效果分析提供 ...

Question-and-Answer SessionSo I want to just start with advertising trends. What gives you confidence that strong ad trends can continue into '26? And are there any signals that you're seeing from renewals that you can share with us?David SailerExecutive VP & CFO Sure. As we end 2025, and I think we're ending on a good note, during our earnings, we mentioned we had 90% -- this is back when we did our earnings for the third quarter, early November. We had 90% of our ad sales booked for the fourth quarter. An ...

Outfront Media (NYSE:OUT) 2025 Conference Summary Company Overview - **Company**: Outfront Media - **Industry**: Out-of-home advertising Key Points Advertising Environment - Confidence in advertising strength carrying into 2026 due to a strong third quarter, particularly in the transit business [3] - Fourth quarter growth rate expected to be higher than the third quarter [3] - Improved visibility into 2026 compared to the previous year [3] - Price growth in the perm business is up from last year, indicating improved sales metrics [3] Local Market Performance - Outfront Media has a significant local business that is less volatile compared to national ads [4] - Local business is expected to benefit from increased marketing efforts [4] - Key categories driving local momentum include the legal profession and retail resurgence [5] Impact of Major Events - Major events like the World Cup and Olympics are seen as tailwinds for revenue growth [7] - Opportunities for short-term permitting and innovative advertising experiences during these events [7][8] Digital Revenue Growth - Digital revenue currently accounts for 35% of total revenue, with a target to reach 50% [9] - Digital penetration is growing at approximately 1% per quarter, expected to reach around 40% by the end of next year [9] - Programmatic revenue is growing faster than regular digital revenue [9] Transit Business Performance - Transit revenue increased by 24% in Q3, with New York MTA up 37% [15] - MTA performance is attributed to focus, execution, and portfolio management [15][16] - Expectations for continued growth in the high teens for MTA in Q4 [16] Margin Optimization - Billboard margins improved to 39.5%, with expectations for further increases [28] - Focus on managing the portfolio and negotiating tougher lease agreements to optimize margins [28][29] Capital Structure and Debt Management - Current leverage is 4.7 times, with a goal to reduce it closer to four times [32] - Next debt maturity is in summer 2027, with plans to maintain financial flexibility [32] - Strong liquidity position allows for potential M&A opportunities [35] M&A Strategy - Focus on acquiring footprint rather than just digital capabilities [36] - Potential for strategic changes in the industry, with Outfront Media positioned to participate [35] Future Outlook - AFFO growth expected to be in the high single digits for 2025, with similar trends anticipated for 2026 [39] - Continued emphasis on digital and programmatic advertising to drive revenue growth [47][48] Capital Expenditures - Expected CapEx to remain similar to the current year, around $90 million [45] - Increased maintenance CapEx to proactively replace aging digital screens [45] Conclusion - Outfront Media is optimistic about its growth trajectory, particularly in digital and local markets, while managing its capital structure and focusing on margin optimization. The company is well-positioned to leverage upcoming major events and continue its strategic initiatives in the out-of-home advertising space.

Core Viewpoint - JCDecaux SE has announced a share buy-back program for up to 1.5 million shares, representing approximately 0.70% of its share capital, to be executed from November 20, 2025, to May 13, 2026 [1][2]. Group 1: Share Buy-Back Program - The share buy-back program is authorized by the Annual General Meeting held on May 14, 2025 [2]. - An investment-services provider has been appointed to facilitate the purchase of shares [2]. - The shares acquired will primarily be used to cover performance share allocations for current or future performance plans [3]. Group 2: Company Overview - JCDecaux reported a revenue of €3,935.3 million for 2024 and €1,868.3 million for H1 2025 [6]. - The company is the number one out-of-home media company globally, with a daily audience of 850 million people across more than 80 countries [6]. - JCDecaux operates 1,091,811 advertising panels worldwide and is present in 3,894 cities with populations exceeding 10,000 [6]. - The company employs 12,026 individuals and is listed on the Eurolist of Euronext Paris, being part of the SBF 120 and CAC Mid 60 indexes [6]. - JCDecaux has received various recognitions for its extra-financial performance, including an A rating from CDP and AAA from MSCI [6].