Is radio and television group a state-owned enterprise or a central enterprise?

Radio and Television Group is both a state-owned enterprise and a central enterprise. Radio and Television Group refers to China Radio and Television Network Group Co., Ltd., which is a central cultural enterprise formally established on May 28th, 20 14 with the approval of the State Council according to the spirit of "integrating cable television networks and establishing a national radio and television network company" at the Sixth Plenary Session of the 17th CPC Central Committee. The registered capital of the company is RMB 5,080,400,000.00 Yuan, which is contributed by the central finance. The State Administration of Radio, Film and Television is responsible for the establishment and escrow, and the Ministry of Finance performs the investor's duties on behalf of the State Council, and its financial relationship is listed separately in the Ministry of Finance. At the same time, the SARFT and the Ministry of Industry and Information Technology shall, according to their respective responsibilities, exercise industry supervision over radio and television related businesses in China.

Development course and main achievements

As early as 20 10, the State Council has clearly defined the direction of establishing a national cable TV network company in the overall plan of promoting triple play. In 20 14, China Radio and Television was formally established, which marked an important step in the integration of China CATV network. In 20 16, the Ministry of Industry and Information Technology issued the Basic Telecommunication Business License to China Radio and Television, allowing it to operate domestic Internet data transmission business and domestic communication facilities business nationwide. In 2020, China Radio and Television Network Co., Ltd. was established, which further promoted the integrated development of the national cable television network.

In 20 19, China Radio and TV Station was granted a 5G commercial license by the Ministry of Industry and Information Technology, becoming the fourth largest 5G operator in China. In 2020, China Radio and Television and China Mobile signed a 5G strategic cooperation agreement, and both parties * * * enjoyed the promotion of 700MHz 5G network * * *. By 2022, 3 1 provinces, autonomous regions and municipalities across the country have opened broadcasting and television 5G network services, basically forming a "wired +5G" integrated communication pattern.

Business development and innovation

China Radio and Television is not only responsible for the related business of the national cable TV network, but also actively carries out the triple play business. In recent years, China Radio and Television has opened three national basic service networks, namely, the national fixed voice service network, the national Internet backbone network (CBNET) and the national content integrated broadcast control platform, which basically formed the "1+4" operation and management pattern of the radio and television network industry and officially opened the era of full-service operation.

Financial status and operating performance

According to the 2023 annual report issued by China Radio and Television Guangzhou Company, China Radio and Television Co., Ltd. achieved an operating income of 84 1 10,000 yuan that year. With the continuous development of 5G services and the expansion of user scale, the revenue of China Radio and Television is expected to continue to grow.

Future prospects

As a national radio and television network company, China Radio and Television shoulders the heavy responsibility of promoting the integration of cable TV networks and the integration of radio and television 5G construction. In the future, with the continuous progress of technology and the continuous expansion of the market, China Radio and Television is expected to maintain its leading position in the industry and provide users with more colorful cultural products and services.