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Anhui Xinhua Media Co., Ltd. was founded on February 24, 2008 on the basis of the overall restructuring of the former Anhui Xinhua Distribution Group Co., Ltd. into a joint-stock company. It is the largest state-owned holding cultural enterprise in Anhui Province, with a registered capital of 910 million yuan. The company has the office of the board of directors, the office of the general manager, the Department of human resources, the Department of planning and finance, the Department of audit, the Department of enterprise management and development, the Department of information technology and the teaching material center. It has Anhui Xinhua Book audio-visual Chain Co., Ltd., Anhui Xinhua Education Book Distribution Co., Ltd., Anhui Xinhua audio-visual publishing house, Anhui Hualun New Media Communication Co., Ltd. and 17 provincial cities The subsidiary company and its 62 County branches cover 507 outlets in urban and rural areas of the whole province, forming a complete distribution network.
The predecessor of the company, Anhui Xinhua Publishing Group Co., Ltd. (hereinafter referred to as "group company"), was established in September 2002 on the basis of the former Anhui Xinhua Bookstore and Anhui foreign language bookstore with the consent of Anhui provincial Party committee and Anhui Provincial People's government and the approval of the Propaganda Department of the CPC Central Committee and the General Administration of press and publication. In November 2007, with the approval of Anhui Provincial People's government, Anhui Xinhua Distribution (Group) Holding Co., Ltd. (hereinafter referred to as "holding company") was established, and authorized to operate 100% equity and auxiliary assets of the original Anhui Xinhua Distribution Group Co., Ltd. At the end of December 2007, the holding company transferred 12.99% of the state-owned shares of the original group company through public listing and competitive trading, and successfully introduced five strategic investment companies, including Sichuan Xinhua Wenxuan Chain Co., Ltd., Hongguo Industrial Group Co., Ltd., Jingshi Guojiao (Beijing) Investment Co., Ltd., Anhui Zheshang Investment Group Co., Ltd. and Anhui Publishing Group Co., Ltd It's a good idea. So far, Anhui Xinhua Distribution Group Co., Ltd. has realized the diversification of property rights, and established the mixed ownership of state-owned holding and diversified property rights. On February 24, 2008, Anhui Xinhua Publishing Group Co., Ltd. held a general meeting of shareholders and decided to change the company as a whole into a joint stock limited company, and renamed Anhui Xinhua Media Co., Ltd.
The company is mainly engaged in publishing, audio-visual publishing, digital advertising, multimedia and cultural industry investment management. Since 2004, the company has made every effort to promote the concept change, innovate the system and mechanism, vigorously promote the group construction, and improve the intensive management level, so as to ensure that the business performance continues to create new records, and the total sales revenue has increased by more than 13% in six years.
From 2005 to 2009, the company entered the top 500 of China's service industry for five consecutive years, rising from 247 in 2005 to 208 in 2009; in 2008, the company won the "national excellent enterprise of cultural system reform" and was selected into the "national top 30 cultural enterprises"; in 2009, the company won the national "May 1st" labor award, "national advanced enterprise of cultural system reform" and "national reading activity" In 2010, the company was once again selected as one of the top 30 cultural enterprises in China.
On January 18, 2010, Anhui Xinhua Media Co., Ltd. successfully listed a shares (stock abbreviation: Wanxin media, stock code: 601801), raised capital of 1.298 billion yuan, and became the "first share" of the main board of the national development industry, with a market value of more than 10 billion yuan, ranking in the forefront of listed cultural enterprises in China. On July 1, 2010, the company entered the sample stock of CSI 300 index.
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