- Business
- Hubei Radio & Television Information Network Co., Ltd. (000665.SZ) plans, designs, develops, constructs, manages, and operates radio and television information networks primarily in Hubei Province, China. The company provides integrated information services based on cable television broadband networks and communication base stations, including digital television, high-definition interactive TV, broadband access; value-added services such as data broadcasting, TV transport, medical TV, TV education, social security TV, smart TV bookstore, home entertainment, TV payment, and TV shopping mall; TV plus Internet application services; private network services, industry information application construction, public cultural services, and telecom universal services; as well as core products like live channels, Crocodile TV, TV, broadband, mobile network, Global Strategy fixed mobile integration products "Broadcasts and Television Huijia", emergency broadcasting, hotels, smart cultural tourism, private network dedicated lines, and IoT. Founded in 1988 and headquartered at Radio & Television Network Building, No. 62 Guanggu 4th Road, Wuhan, Hubei Province, the company operates as a provincial state-owned cultural high-tech enterprise serving public and group customers in the telecommunications services industry, with approximately 6,165 employees. In recent developments, the company agreed to acquire Shiyan Broadcasting and Television Information Network Co., Ltd. to expand its network operations; received a warning letter from the Hubei Securities Regulatory Bureau in September 2025 over inaccurate financial reporting; reported a net loss of 0.795 billion yuan for 2024 with revenues declining 19.17% to 1.591 billion yuan; and announced plans in December to support business development and strategic initiatives, amid ongoing share reductions by shareholders including CITIC Guoan and Wuhan Broadcasting - TV.