UBM Sinoexpo Acquires Majority Stake in Tiansheng Shows

January 6, 2014

UBM Asia’s joint venture company in China, Shanghai-based UBM Sinoexpo, has announced the acquisition of two trade shows and their co-located events from Shanghai Tiansheng Exhibition Service Co., Ltd– the China Vending & Kiosk Show, the Shanghai Digital Signage Show. Financial terms of the deal were not disclosed. Mr Zhang Xinyuan, owner and general manager of Tiansheng, will continue to lead the show teams working alongside UBM’s Hotelexand Expo Shopteams.

The previous edition of the concurrent shows were held from 4th to 6th September 2013 at the Shanghai World Expo Exhibition and Convention Center and occupied more than 17,000 m2 of gross exhibition space. UBM Sinoexpo will officially begin to organise the shows from 2014 onwards.

Launched in 2004, the annual China Vending & Kiosk Show’s key exhibiting categories include self-service systems, and automatic vending machines for food, beverages, medicines, books and newspapers. The Shanghai Digital Signage Show was launched in 2009, and covers digital signage and advertising systems, LCD/LED display systems, touch screen and other display panels.

Jimé Essink, president & CEO of UBM Asia, commented, “China is a big potential market for these two industries. We aim to bring in more overseas participation with our international network and large database to take these two leading and professional events to a new level. The China Vending & Kiosk Show and Shanghai Digital Signage Show also complement the annual Hotelex Shanghai and the co-located Expo Shop China show organised by Shanghai UBM Sinoexpo.”

Add new comment

Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.