China South Publishing & Media Group: Industry-Finance Integration

Editor:李莎宁 实习编辑 张焕勤
Updated:2016-06-01 17:09:26

On May 30, finance corporations of Hunan Publishing Investment Holding Group are holding a regular meeting.

The investment form of Bofo culture industrial investment fund will be defined as equity investment and creditor's investment.

Digital education products of Teewon Digital Media Technology Co., Ltd. have been distributed among 137 districts and counties, 20 provinces.


Original Link: 中南传媒:“出版湘军”的产融聚变

Rednet (Changsha): On April 25, 2015 annual report of China South Publishing & Media Group revealed that, the Group achieved operation revenue of RMB 10,085 million Yuan with year-on-year growth of 11.58%, and total profit of RMB 1806 million Yuan with year-on-year growth of 16.55%, and net profit of RMB 1695 million Yuan for listed companies’ shareholders with year-on-year growth of 15.41%. In the middle May, China South Publishing & Media Group was consecutively listed in Top 30 Cultural Enterprises for 8 years released by the Propaganda Department of the Central Committee of the CPC.


These achievements are closely related with the Group’s strategic development planning of “offline + online” “culture + finance”. In 2014, the Group was approved to be the domestic first finance company of enterprise group in the cultural industry; in 2015, the Group established its first fund management company Bofo Fund. Now the Group has stepped on a steadier way of industry-finance integration.  


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