Hubei Broadcasting and Television Information Network Co., Ltd.
湖北广电
000665
Shenzhen Stock Exchange
Company Profile
I Continuing to improve network bearing capacity through infrastructure upgrading and renovation We have built up a broadcasting HFC + optical fiber transmission network with a total length of 1.5 million kilometers and covering all towns, townships and villages in 99 counties of 17 cities and prefectures in Hubei, to rapidly increase two-way network coverage to 68 percent. We will comprehensively upgrade and renovate our existing network in two or three years, to increase two-way coverage to 100 percent and FTTH coverage to more than 90 percent, thus building a next generation broadcasting network (NGB) providing integrated information services. II Developing broadband and group customer business develops rapidly, continuing to optimize the revenue structure Based on governmental and social needs for informatization construction, we have vigorously developed broadband and group customer business, extended our service scope from home users to home, individual, governmental and corporate users, and sought business development in fields including internet service, e-government, smart community and safe city, thus becoming a major force in Hubei's informatization construction. Our broadband and group customer business soared in 2017 to become an important growth point of our profit. III Speeding up industrial investment, initially creating diversified business layout With our wholly-owned subsidiary Xing Liao Investment as the investment platform, we have built Hubei Taizi Lake Culture Digital Industry Investment Co.Ltd. According to the dual-wheel driving plan ("entrepreneurship + investment"), we have conducted industrial distribution in an all-round way, and set up two investment funds, as well as four innovation & entrepreneurial companies: Very Real, Xing Liao Wealth, Datang Radio & Television and Jiuyun Big Data.
Full description
The company mainly provides comprehensive information services and 5G business services to the public and group customers based on the cable TV broadband network.Among them, it provides digital TV, high-definition interactive TV, broadband access, and TVOS-compliant TV + Internet application services for public customers, provides private network services and industry information application construction services for group customers and commercial customers such as government and enterprises, and provides public cultural services and telecommunications universal services purchased by the government.The company's main business models are as follows: 1, TV viewing business, broadband business.It mainly uses cable and optical fiber as the main transmission media, provides individual or group cable TV users with viewing channel transmission services approved by the State radio and television administrative department, provides individual or group users with high-speed access to the Internet, VPN special lines, MSTP special lines and WIFI coverage in hot areas, and charges corresponding service fees. 2. Program transmission business.First, through cable, optical cable and other transmission methods, for the viewing channels approved by the State radio and television administrative department to provide transmission coverage services for end users, and collect the corresponding service fees.Second, through cable, optical cable and other transmission methods, to other units with access network operation qualifications to provide viewing channel information source transmission services approved by the State radio and television administrative department, and collect the corresponding service fees. 3. Broadcasting 5G service.Carry out personal voice communication and data traffic business, 5G Internet of Things business, carry out "5G+ service" business based on 5G industrial Internet, 5G government-enterprise wireless private network, and industrial network information application, and collect corresponding service income. 4. Information application business.For the government, enterprises and related institutions to provide social management service platform, safe city, e-government, Xueliang project, smart medical, digital education, video conferencing and other projects construction and related services. 5. Commodity sales business.Relying on the company's own marketing channels to undertake all kinds of physical goods wholesale to retail or commission sales, and generate corresponding sales revenue. 6. Advertising business.Based on broadcasting network's own media resources (including but not limited to TV large-screen resources, own online channel resources, business hall display board and LED screen resources, etc.), provide advertising graphic, video and other information production and release services for advertising owners, and charge corresponding service fees.