China New Media Corporation, a fast-growing advertising media company operating the largest outdoor media network in Dalian, China, today announced it entered a Strategic Alliance Agreement with a newspaper giant in China -- Liaoning Daily Press Group -- for plans to install and operate five mega-sized LED media screens. China New Media Corp. estimates it will invest RMB 40 million (US$5.86 million) to install and operate the five large-sized LED screens with a total size of over 1,500 square meters.

China New Media Corporation Expects to Generate an Additional $2.93 Million (RMB 20 Million) of Gross Profit Annually Once All Six Screens are Installed