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Huawen Group

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Huawen Media
Company typepublic
SZSE: 000793
RevenueIncrease CN¥4.336 billion (2015)
Increase CN¥1.064 billion (2015)
Total assetsIncrease CN¥12.818 billion (2015)
Total equityIncrease CN¥8.842 billion (2015)
OwnerGlobal Broadcasting A.M. (7.14%)
SubsidiariesChina.com
Website000793.com
Footnotes / references
in consolidated basis[1]
Huawen Media Investment Corp., Ltd.
Simplified Chinese华闻传媒投资集团股份有限公司
Literal meaningHuawen Media Investment Group Joint-Stock Limited Company
Transcriptions
Huawen Media
Simplified Chinese华闻传媒
Traditional Chinese華聞傳媒
Transcriptions

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.

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).[2] 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,[3]

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', 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; lit. 'JinZhengYuan Union Investment Holding'.[4]

References

  1. ^ "2015年年度報告" (PDF) (in Chinese). Huawen Media Investment Corporation. March 2016. Retrieved 6 June 2016. {{cite web}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)
  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" (in Chinese). Huawen Media Investment Corporation. 2014. Retrieved 7 June 2016. {{cite web}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)