Gelonghui Media (000917.SZ) announced on December 13, 2023, that on December 13, 2023, the company received a notice from Hunan Radio, Film and Television Group Co., Ltd., which is the indirect controlling shareholder of the company, to transfer 236,141,980 shares of television and radio media (accounting for 16.66% of the company's total share capital) held by the network control group to Mango Media Co., Ltd. (“Mango Media” for short) free of charge.
Mango Media is a wholly-owned subsidiary of Hunan Radio, Film and Television Group Co., Ltd. After the transfer is completed, the controlling shareholder of the company will change from Network Control Group to Mango Media, and the actual controller of the company will remain the Hunan Provincial State-owned Cultural Assets Supervision and Administration Commission.