11 Listed Companies Invested In "China Shenwang" Radio And Television Department Made A Comeback With 5G

Known as "China Shenwang", China Radio and television network Co., Ltd. (hereinafter referred to as "China Radio and television network") has a new action.

Since the completion of the application and registration work on August 4 this year, the establishment of China's Radio and television network ushered in substantive progress once again.

On the evening of August 26, 11 listed companies, namely Oriental Pearl, Guiguang network, Huashu media, Hubei Radio and television, Gehua cable, Guangxi Radio and television, Tianwei video, radio and television media, jitv media, radio and television network, Jiangsu cable.

In this context, on August 27, the radio and television system plate continued to strengthen.

By the end of the day, 24 stocks rose and 3 fell. Among them, the growth rate of Lutong visual communication reached 20%, ranking the first, followed by radio and television network, with an increase of 9.99%.

According to several institutions, China Radio and television is expected to accelerate the 5g layout and improve the cable TV network deployment, which is expected to drive the investment opportunities of the theme investment plate of the radio and Television Department and the 5g base station industry chain.

On the evening of August 27, Guangxi Radio and television director's office told reporters of the 21st century economic report that "our participation in and investment in China's Radio and television network is more in line with the promotion of the" national one network "task. Because we don't know how the leading group will work next, we can't predict what impact this integration will have on the company's future operations. "

Ali shares 10 billion yuan

From the perspective of the main shareholder structure, the soon to be established China Radio and television network shareholder lineup is luxurious.

China Radio and television network Co., Ltd. (hereinafter referred to as "China Radio and television") is the largest shareholder, with a capital contribution of 51.613 billion yuan, accounting for 51% of the shares; the State Grid Information and communication industry group of State Grid and Alibaba both contributed 10 billion yuan, accounting for 9.8813% of the shares.

In addition, Guangdong Radio and Television Network Development Co., Ltd. and Beijing Beiguang media investment and Development Center Co., Ltd. respectively invested 6.226 billion yuan and 3.893 billion yuan, with shareholding ratios of 6.1523% and 3.8469%. According to this calculation, China's Radio and television network investment will exceed 101.2 billion yuan.

It is worth noting that there are 11 listed companies involved in this "national team" called radio and Television Department.

According to the announcement issued by the listed companies mentioned above, Oriental Pearl, Jiangsu cable, Huashu media and other companies intend to invest 500 million yuan with their own funds to jointly initiate the establishment of China Radio and television network Co., Ltd., including 47 promoters of China Radio and television network Co., Ltd. After the establishment of the target company, the relevant listed companies will hold 0.4941% equity of the company.

Guiguang network, Jishi media, Guangxi Radio and television, radio and television network, Tianwei video, Hubei Radio and television and other companies plan to invest 200 million yuan. After the target company is established, these listed companies will hold 0.1976% equity.

In addition to its own capital of 200 million yuan, TV and radio media will also invest in the shares of Hunan Cable Co., Ltd. and Tianjin Radio and television network Co., Ltd. held by its wholly-owned subsidiary huafengda. After the establishment of the target company, TVB media will hold 2.7833% shares.

The controlling shareholder of cable company is Gehua.

According to the company's announcement, the controlling shareholder, Beijing Beiguang Media Investment Development Center Co., Ltd., has invested 266 million shares of Gehua cable (19.09% of the company's total share capital) to jointly initiate the establishment of China Radio and television network.

At present, Beiguang media has reached a preliminary agreement with the sponsors of China Radio and television network.

Investment in the establishment of China Radio and television network Co., Ltd. has been prepared for some time.

It is understood that in March 2019, China Radio and television signed strategic cooperation framework agreements with China CITIC Group Co., Ltd. and Alibaba group respectively.

According to the strategic deployment, in the future, China Radio and television, provincial network companies and strategic investors will participate in the formation of a "national one network" joint stock company led by China Radio and television and managed according to the modern enterprise system, so as to realize the unified operation and management of the national cable TV network.

On May 20, 2020, China Radio and television and China Mobile signed a 5g cooperation framework agreement to carry out 5g co construction and sharing as well as content and platform cooperation.

It is reported that on August 4 this year, the State Administration of market supervision and Administration issued the notice on registration of enterprise name establishment, which agreed to use the name of "China Radio and television network Co., Ltd.". If it is eventually established, China's Radio and television network will undoubtedly become the giant of China's cable TV network industry.

Radio and television department makes a comeback with 5g?

The establishment of China's Radio and television network is not only the heavy news of the radio and Television Department, but also an important achievement of the integration and development of the national cable TV network and 5g construction.

In fact, with the development of technology and the change of users' habits, the development of cable TV industry has encountered bottlenecks. On the one hand, the number of cable TV and radio and television broadband users has decreased; on the other hand, the performance of the listed companies of radio and Television Department is not satisfactory. The promotion of this establishment work may be an opportunity for the radio and television industry to realize "great turnaround" with the help of 5g.

According to the statistics of 21st century economic report, among the 11 listed companies participating in China's Radio and television network in 2019, the net profit of eight companies, including broadcast television network, Guangxi Radio and television, Jishi media and Hubei Radio and television, showed negative growth.

Among them, the net loss of radio and television network was 99.9803 million yuan, and the net profit decreased by 195.16% year on year.

Radio and television network explained that the main reason for the decline in business performance was that traditional businesses such as cable TV viewing, user installation and satellite TV landing were affected by market competition and other factors, while the newly cultivated financial media and other transformation businesses were not enough to make up for the decline of traditional business due to its short start time and small scale.

At a time when the development of China's cable TV industry is in a dilemma, the national TV network intends to take advantage of the opportunity of 5g development to promote the "national one network" in an orderly manner, and finally realize the reversal of the situation against the wind.

It is understood that China Radio and television won the 5g business license issued by the Ministry of industry and information technology on June 6, 2019, becoming the fourth enterprise to obtain 5g license after the three major telecom operators.

On March 2, 2020, SARFT held a teleconference to start the national cable TV network integration and integrated development of radio and television 5g construction. On March 19, the proposal of 700MHz band of China Radio and television was adopted by 3GPP of International Standard Organization for mobile communication and included in 5g international standard.

On August 4, the State Administration of Market Supervision announced that "China Radio and television network Co., Ltd." had completed the application and registration and was waiting for listing.

Hou Bin, an analyst at Soochow securities, pointed out that from the perspective of the industrial chain, China Radio and television is expected to accelerate the 5g layout and improve the cable TV network deployment, which is expected to drive investment opportunities in the industrial chain of cable radio and television and 5g base station industry chain, including radio and television network operators, optical modules, IDC, cloud computing, PCB, IC board, servers, routers / switches, radio and television equipment providers, and network can be used High definition, Internet of things, Internet of things, Internet of things.

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