(Yicai Global) March 26 -- Variety show producer Shanghai Canxing Culture & Broadcast Co. is preparing to list on the ChiNext Exchange of the A-share market, as its shareholder electrical equipment maker Zhefu Holding Group Co. revealed. 

Its listing tutoring will last three months and the application for acceptance of tutoring is expected in May, per the agreement Shanghai Canxing Culture & Broadcast Co. and China Securities Co. inked Jan. 31, the Shanghai branch of the China Securities Regulatory Commission said Feb. 11.

The company formed in 2006, with its team members mainly coming from Shanghai media. It became famous overnight from its introduction of a popular US and European programming model to create the highly-popular variety show China's Got Talent and The Voice of China. It later introduced King of Masked Singer, a South Korean music challenge reality show.

The largest shareholder of Shanghai Canxing Culture & Broadcast Co. is Shanghai Xingtou Investment Co. (with a 65.68 percent stake). A-share listed Zhefu Holding Group announced it would invest CNY300 million in Shanghai Canxing Culture & Broadcast Co. in return for a 5.82 percent stake in April 2016 when the latter was valued at around CNY5 billion. Shanghai Canxing Culture & Broadcast Co. recorded CNY221 million (USD35 million) in operating revenue and CNY728 million in net profit in 2015, per Zhefu Holding Group's filing.