Phoenix publishing Media GroupPhoenix Media Group was based in Nanjing with a registered capital of 7 billion yuan. In 2022, the Group realized operating income of 16.810 billion yuan, total profit of 3.748 billion yuan, total assets of 69.312 billion yuan and net assets of 44.659 billion yuan at the end of the year. The current chairman was Zhang Chaoyang.
The group had a wide range of industries, including publishing, distribution, printing, film and television, cultural hotels, cultural real estate, cultural trade, financial investment and other sectors. The group controlled two main board listed companies, Phoenix Media and Phoenix Holdings, and was an important shareholder of Bank of Jiangsu and Nanjing Security. It had nine publishing houses and one urban daily newspaper, six of which were national first-class publishing houses. The financial companies that they held included banks, bonds, insurance, funds, financial lease, guarantee, finance companies, and other fields.
The group actively expanded its international market and maintained cooperation with famous publishing institutions in more than 30 overseas countries and regions. It also had branches in the United Kingdom, the United States, Canada, chile, Australia, Namibia and other places. The Group's Mass Releasing was ranked first in the domestic publishing industry. It was the second largest publishing company for primary and secondary school textbooks in the country, and the total number of national publishing awards was among the top in the country. In terms of digital publishing, the subject network, Phoenix Cloud Campus, Phoenix Cloud Computer Center, Phoenix Virtual Training Platform, etc. developed rapidly and initially realized digital transformation. The Group was an advanced unit in the national cultural system reform. It was selected as one of the "Top 30 National Cultural Enterprise" for fourteen consecutive years and ranked tenth in the "Top 50 Global Publishing Firms in 2022".
In 2021, the "Phoenix Literature Award" was established to encourage original and outstanding works in Chinese and promote the prosperity and development of contemporary China literature. On January 9, 2024, the International Communication Center was officially established.
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Zhongyuan Media Group Co., Ltd.Zhongyuan Media Group Co., Ltd. was the largest cultural media industry group and education service group in Henan Province. It was also the only state-owned listed cultural enterprise in Henan Province. The group's main businesses covered publishing, media, digital media, printing, distribution, material trade, educational equipment, physical education, cultural hotels, cultural tourism real estate and other fields. Zhongyuan Media Group had 11 publishing houses, 21 newspapers and magazines, 130 provincial and county Xinhua Bookstores, Xinhua Print Group, Xinhua Material Group, and other subsidiary companies. It had a total of 196 member units. The controlling shareholder of the group was Zhongyuan Media Investment Holding Group Co., Ltd., and the actual controller was the People's Government of Henan Province. Zhongyuan Media Group had core competitiveness in the publishing and distribution business, and was also involved in the material sales business. The group also enjoyed policy support, including financial, tax, land, talent, and business activities.
Ciwen Media Group and Celebrating the Past 2Ciwen Media Group was related to Joy of Life2. Ciwen Media was an A-share listed company that had participated in the investment and production of many popular online dramas. Joy of Life2 was produced by Ciwen Media. In addition, Ciwen Media's stock price had also risen continuously recently, attracting the attention of the market. As for the details of the collaboration between Ciwen Media Group and Joy of Life2, the search results did not provide any clear information.