China Media Group Co., Ltd. (), or CMG, formerly Huawen Media Investment, is a publicly listed Chinese holding company in the media sector. It is one of the 500 components of the

SZSE Component Index The SZSE Component Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange (SZSE). It is the main stock market index of SZSE. Constituents The full list of all constituent stocks can be found aSZSE Related indices * ...

, as well as the sub-index

SZSE 300 Index SZSE 300 Price Index () and its sub-indexes SZSE 100 Price Index and SZSE 200 Price Index were the stock market indices of Shenzhen Stock Exchange, representing top 300 companies by free float adjusted market capitalization. The sub-indices repre ...

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 The ''People's Daily'' () is the official newspaper of the Central Committee of the Chinese Communist Party (CCP). The newspaper provides direct information on the policies and viewpoints of the CCP. In addition to its main Chinese-language ...

'') for 30 years. In 2016, Huawen Media Investment subscribed the new shares of

China International Broadcasting Network China Radio International (CRI) is the state-owned international radio broadcaster of China. It is currently headquartered in the Babaoshan area of Beijing's Shijingshan District. It was founded on December 3, 1941, as Radio Peking. It late ...

. (CIBN, traded as .) After the deal, Huawen Media owned a 30.9996% stake, while Global Broadcasting Media Group owned a 34% stake and was the largest shareholder. Global Broadcasting Media Group was also the indirect major shareholder of Huawen Media Investment.

Shareholders

The largest shareholder of the company was with 11.15% of the shares. Global Broadcasting Asset Management is a subsidiary (58.0344%) of Global Broadcasting Media Group (). Global Broadcasting Media Group is a joint venture (50–50) of state-owned broadcasting company

China Radio International China Radio International (CRI) is the state-owned international radio broadcaster of China. It is currently headquartered in the Babaoshan area of Beijing's Shijingshan District. It was founded on December 3, 1941, as Radio Peking. It late ...

with a private company.

References

External links

* Mass media companies of China Companies listed on the Shenzhen Stock Exchange {{China-company-stub