Huawen_Media_Investment

Huawen Group

Huawen Group

Chinese media company


Huawen Group (Chinese: 华闻传媒) is a publicly listed Chinese holding company in the media sector. It is one of the 500 components of the SZSE Component Index, as well as the sub-index SZSE 300 Index and SZSE 100 Index.

Quick Facts Formerly, Company type ...

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 a 30.9996% stake, while Global Broadcasting Media Group owned a 34% stake and was the largest shareholder.[3] Global Broadcasting Media Group was also the indirect major shareholder of Huawen Media Investment.[citation needed]

Shareholders

The largest shareholder of the company was (Chinese: 国广环球资产管理有限公司; lit. 'Global Broadcasting Asset Management') with 11.15% of the shares. Global Broadcasting Asset Management 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 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. Archived (PDF) from the original on 8 August 2016. Retrieved 6 June 2016.
  2. "Home". cibn.cc. Archived from the original on 2016-06-22. Retrieved 2016-06-07.
  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 Archived 2016-08-06 at the Wayback Machine Huawen Media Investment Corporation 2016-04-25 (in Chinese)
  4. 股东背景 [Shareholder information] (in Chinese). Huawen Media Investment Corporation. 2014. Archived from the original on 8 August 2016. Retrieved 7 June 2016.



Share this article:

This article uses material from the Wikipedia article Huawen_Media_Investment, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.