Why is China Radio and Television not listed?

As of September 13, 2022, China Radio and Television has been listed. Promote the listing of China Radio and Television Co., Ltd., and integrate with listed cable TV network companies through equity swap and merger. In February, 2020, Publicity Department of the Communist Party of China and others issued the Implementation Plan of National CATV Network Convergence Development, which further sorted out and clarified the relationship between China Radio and Television and provincial companies of Radio and Television Department in the future. China Radio and Television Network Co., Ltd. will be established in the future, and China Radio and Television will invest in shares with resources such as 5G licenses. In principle, provincial network companies will subscribe for shares with their networks, and strategic investors will contribute in cash.