This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

FAB Universal Celebrates New Ticker And Name Change With Huge Event

FAB Universal (NYSE MKT: FU), a worldwide distributor of digital entertainment, released information today on the standing room only event held in Beijing, China on October 13 th, 2012, to celebrate the closing of the FAB-Wizzard transaction and the new ticker and name change.

The ceremony was held in the main Banquet Hall of the world-class Beijing Hotel. More than 500 guests gathered to celebrate in a warm and festive environment. The invited guests included several hundred key figures from the central government, large corporations, press, financial institutions as well as many of FAB’s customers and franchisees.

The celebration ceremony was a media event with representatives from more than 20 leading media companies including: China Central Television News Channel, China Central Television Finance Channel, People’s Daily, China National Radio, China Radio International, Beijing Daily, Beijing Youth, Xinhuanet, Sina, ifeng, etc. Media coverage was strong with many follow up interviews and press mentions in the days following the event. Click here to see pictures and videos of the event.

Chairman Hongcheng Zhang and CEO Chris Spencer both received rousing applause after presenting their thoughts on the future of the combined companies. The subsequent Trading Symbol Launch Ceremony (banging of the FU gong) brought the banquet to a climax.

VIPs who attended the festive event included: Mr. Xiaohong Yan, Deputy Director of the General Administration of Press and Publication of China; Mr. Huisheng Zhai, Party Secretary from National Journalist Association; Ms. Jianfen Gu, well-known music composer; Mr. Jianguo Shen, Vice-Chairman of All-China Federation of Industry & Commerce; Mr. Yongjin Han, Director of Policy and Regulation from Ministry of Culture of China; Mr. Huizhong Zhang, Secretary of State-owned Cultural Assets Supervision and Administration office in Beijing; Mr. Maofei Zhou, Director of State-owned Cultural Assets Supervision and Administration office in Beijing; Mr. Linmao Xia, Mayor of Shijingshan District of Beijing; Mr. Yefei Wang, Deputy Director of Beijing Municipal Copyright Bureau; Mr. Hong Xuan, Deputy Director of Zhongguancun Management Committee; Mr. Xinyu Wang, Vice Mayor of Xianyang City; Mr. Wei Feng, President of Greater China from Motion Picture Association; Mr. Biao Guo, from International Federation of the Phonographic Industry; Ms. Heng Li, Chairman of the National Copyright Trade Center; Mr. Zaiping Yang, Vice President from Bank of China Association; Mr. Bingxi Shen, Director of the Agricultural Bank of China Head Office & Director of Central Huijin Investment Ltd; Mr. Jin Liu, the Board of Supervisor of China Construction Bank; Mr. Jinlao Huang, Deputy Governor of Huaxia Bank Head Office.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs