[6] Following the formation of the SUMG, the three principal newspapers, Jiefang Daily, Wen Wei Po, and Xinmin Evening News, reinstated their legal entity status.

Concurrently, 2,404 people underwent triage, and long-term losses along with insolvent, inefficient assets were eliminated.

On January 16, the SUMG invested in financial and economic new media projects, acquiring shares with China Mobile, Hony Capital, and others, under the leadership of He Li's team.

[19]: 11 On November 11, 2024, Shanghai Newspaper Group declared the official commencement of a reform plan.

[20] Commencing January 1, 2025, Jiefang Daily, Wen Wei Po, and New People's Evening News migrated to the Shanghai Observer [zh].