Shanghai Wenguang Group went bankrupt?

No, according to the National Business Daily, the abbreviation of Shanghai Radio and Television Group Co., Ltd. is SVG, while the abbreviation of Shanghai Culture Radio, Film and Television Group Co., Ltd. is Shanghai Wenguang, and the English abbreviation is SMG. It is precisely because there is only one word difference between the abbreviations and abbreviations of Shanghai Wenguang and Shanghai Radio and Television Group that it is a misunderstanding.