| Huawen Group | |
| Former Name: | Huawen Media Investment Corp., Ltd. |
| Type: | Public |
| Hq Location Country: | China |
| Revenue Year: | 2015 |
| Net Income Year: | 2015 |
| Assets Year: | 2015 |
| Equity Year: | 2015 |
| Owner: | Global Broadcasting A.M. (11.15%) |
| Footnotes: | in consolidated basis[1] |
Huawen Group 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.
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 .)[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.
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 with a private company.[4]