Driven by the growing demand for investment tools that adhere to international standards, Xinhua Finance has been adding depth and breadth to existing service lines through successful acquisition and effective integration. The domestic and international companies who have since joined the Xinhua Finance family have brought valued leadership and expertise in their respective fields, and enhanced our solid revenue streams through expanded international selling networks. Our most recent acquisitions also have elevated Xinhua Finance's position as a financial media company, making Xinhua Finance's vast information resources available on multiple platforms targeting China's investment community. By adding new distribution channels for our existing content, we are able to further penetrate this market, while maintaining our focus. Major acquired subsidiaries include:  - Market News International (MNI) is a fully-accredited news agency, delivering pinpoint information and market-moving interviews dedicated to the global fixed income and foreign exchange markets for over twenty years.
 The G7 Group is a political and economic research and advisory firm that provides ahead-of-the-curve analysis predicting key government policies affecting currency and interest rate movements, trade, fiscal policy, and legislative controls.  Well-known for its analysis on economic indicators such as labor statistics, unemployment figures and GDP trends, Stone & McCarthy Research Associates tracks events influencing regional markets, providing current economic analysis of selected countries and regions, as well as fixed income research.  Founded in 1973, Washington Analysis Corporation is the top-rated independent institutional research boutique focused on analyzing and anticipating changes in public policy that will impact the financial markets. It was named the 'No.1 Independent Research Broker' voted by money managers in the 2005 Institutional Investor annual survey.  Taylor Rafferty is the leading global investor relations firm, offering a full range of advisory and operational support to companies whose managements are committed to getting the most from the global capital markets.  EconWorld Group is a Hong Kong-based media company consisting of experts in publishing, advertising and marketing. Its flagship publication, Money Journal, is widely-distributed and heavily-subscribed throughout China, featuring exclusive Chinese-language content from Xinhua Finance News and Dow Jones.  Beijing Century Media Culture Co. Ltd is a Beijing-based television consulting company providing consultation, coordination, and distribution services for media companies, particularly in regard to programming and advertising content.  - Xinhua Finance Media ("XFMedia"; NASDAQ: XFML) is a leading media group in China with nationwide access to the upwardly mobile demographic. Through its synergistic business groups, Broadcast, Print and Advertising, XFMedia offers a total solution empowering clients at every stage of the media process and connecting them with their target audience. Its unique platform covers a wide range of media assets, including television, radio, newspaper, magazine, outdoor, online and other media assets.
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