Type public Headquarters China Founded 13 September 1991 | Traded as SZSE: 000793 Revenue 4.336 billion CNY (2015) | |
Profit CN¥1.064 billion (2015) Total assets CN¥12.818 billion (2015) Total equity CN¥8.842 billion (2015) Owner Global Broadcasting A.M. (7.14%) Stock price 000793 (SHE) CN¥ 10.77 -0.12 (-1.10%)15 Mar, 3:59 PM GMT+8 - Disclaimer Subsidiaries Beijing Guoguang Guangrong Advertising Co., Ltd. | ||
Huawen Media Investment Corp., 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.
Contents
Acquisitions
In 2016 Huawen Media 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). After the deal Huawen Media owned 30.9996% stake, while Global Broadcasting Media Group owned 34% stake. A subsidiary of Zhang Jindong (Chinese: 苏宁文化投资管理有限公司) owned 10% stake, the operator of Youku (Chinese: 合一信息) owned 10% and a subsidiary of Oriental Times Media Corporation (Chinese: 东方时代网络传媒股份有限公司) owned 15% stake,
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", which is a subsidiary (58.0344%) of Global Broadcasting Media Group (Chinese: 国广环球传媒控股有限公司) for 7.14% stake. Global Broadcasting Media Group itself is a joint venture (50–50) of China Radio International with Chinese: 金正源联合投资控股有限公司; literally: "JinZhengYuan Union Investment Holding".