China Media Group

China Media Group Co., Ltd.
Formerly called
 Huawen Media Investment Corp., Ltd.
public
Traded as SZSE: 000793
Headquarters China
Revenue Increase CN¥4.336 billion (2015)
Profit Increase CN¥1.064 billion (2015)
Total assets Increase CN¥12.818 billion (2015)
Total equity Increase CN¥8.842 billion (2015)
Owner Global Broadcasting A.M. (11.15%)
Website 000793.com
Footnotes / references
in consolidated basis[1]
China Media Group Co., Ltd.
Simplified Chinese 华闻传媒投资集团股份有限公司
Alternative Chinese name
Simplified Chinese 华闻传媒
Traditional Chinese 華聞傳媒

China Media Group Co., Ltd. is a Chinese holding company in media sector. The company is a listed company in Shenzhen Stock Exchange, as SZSE: 000793. It is one of the 500 components of SZSE Component Index as well as sub-index SZSE 300 Index and SZSE 100 Index.

Acquisitions

In 2006 the company acquired the commercial brokerage rights of the Securities Times (a newspaper under state-owned People's Daily) for 30 years.

In 2016 Huawen Media Investment subscribed the new shares of China International Broadcasting Network (CIBN, traded as Chinese: 国广东方网络（北京）有限公司)[2] After the deal Huawen Media owned 30.9996% stake, while Global Broadcasting Media Group owned 34% stake as the largest shareholder.[3] Global Broadcasting Media Group was the indirect major shareholder of Huawen Media Investment

Shareholders

The largest shareholder of the company was Chinese: 国广环球资产管理有限公司; literally: "Global Broadcasting Asset Management" for 11.15% shares, which is a subsidiary (58.0344%) of Global Broadcasting Media Group (Chinese: 国广环球传媒控股有限公司); Global Broadcasting Media Group itself is a joint venture (50–50) of state-owned broadcasting company China Radio International with a private company.[4]

References

  1. ↑ "2015年年度報告" [2015 Annual Report] (PDF) (in Chinese). Huawen Media Investment Corporation. March 2016. Retrieved 6 June 2016.
  2. ↑ http://www.cibn.cc/
  3. ↑ 关于对国广东方网络（北京）有限公司追加投资暨关联交易事项的公告 Huawen Media Investment Corporation 2016-04-25 (in Chinese)
  4. ↑ "股东背景" [Shareholder information] (in Chinese). Huawen Media Investment Corporation. 2014. Retrieved 7 June 2016.


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