# Chengdu Xinchao Media Group Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chengdu-xinchao-media-group-co

- Industry: Media
- Headquarters: Chengdu, China
- Website: www.xinchao.com
- Latest round: Series A (Aug 7, 2015)
- Investors on record: 1

## About

Founded in 2007 and based in Chengdu, China, Chengdu Xinchao Media Group Co., Ltd. operates as a developer of community digital media platform that provides elevator advertising service. The company has branch offices in Shanghai and Beijing, and has cooperated with Changcheng Property Group Co., Ltd., Vanke Service, etc. In April 2025, Focus Media Information Technology announced to fully acquire Chengdu Xinchao Media Group Co., Ltd. for CNY 8.3 billion.

The company provides elevator advertising services. Its products include Xinchao elevator smart screen, Xinchao LCD commercial building smart TV network, elevator poster frame, etc.

The company generates revenue by providing elevator advertising services, elevator smart screen, etc.

In the next three years, the company plans to invest CNY 8 billion to install 2 million elevator smart screens in 120,000 high-quality communities.

## Funding rounds

- Series A, Aug 7, 2015 — Progene Asset Management

## Investors

- Progene Asset Management — Series A