Huawen Group


Huawen Group is a private-sector publicly listed Chinese media holding company. 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.
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Acquisitions

In 2006, the company acquired the commercial brokerage rights of the Securities Times for 30 years.
In 2016, Huawen Media Investment subscribed the new shares of China International Broadcasting Network. 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 of Global Broadcasting Media Group. Global Broadcasting Media Group is a joint venture of state-owned broadcasting company China Radio International with a private company.