---
title: "What's Going On With Baosheng Media Shares On Monday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293952980.md"
description: "Baosheng Media (NASDAQ: BAOS) shares dropped over 15% on Monday despite announcing a potential $30 million ordinary share sale to High West Partners LLC. The company also agreed to issue $300,000 in commitment shares. Additionally, Baosheng is exploring a strategic AI marketing partnership with Beijing Zhongcheng Kexin to enhance capabilities in the cultural tourism sector, aiming for AI services to contribute 30% of total revenue."
datetime: "2026-07-27T15:21:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293952980.md)
  - [en](https://longbridge.com/en/news/293952980.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293952980.md)
---

# What's Going On With Baosheng Media Shares On Monday?

**Baosheng Media Group** (NASDAQ:BAOS) is down more than 15% on Monday, according to Benzinga Pro, after the company disclosed a potential issuance and sale of up to $30 million worth of ordinary shares to **High West Partners LLC (HW)** under a securities purchase agreement dated July 10, 2026.

The China-based online marketing company will also issue HW an additional $300,000 worth of ordinary shares as commitment shares under the agreement.

## Explores AI Marketing Partnership With Zhongcheng Kexin

Last week, Baosheng disclosed it is reportedly exploring a strategic collaboration with **Beijing Zhongcheng Kexin Technology Development Co., Ltd**.

This partnership aims to enhance Baosheng’s capabilities in AI-driven marketing solutions, particularly in the cultural tourism sector.

The memorandum of understanding (MOU) establishes a framework for potential cooperation, focusing on integrating Baosheng’s AI short-form video marketing with Zhongcheng Kexin’s digital solutions for tourist attractions.

This collaboration could significantly boost Baosheng’s revenue from AI-driven initiatives, targeting a near-term goal of 30% of total revenue from AI services.

**Read Also: App Development Companies In The United States For 2026: How To Choose The Right Partner**

_Photo via Shutterstock_

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