Huawen Media Group (000793.SZ) operates as a diversified media and cultural tourism company in China, primarily engaged in media content production and distribution, cultural tourism development, and related services. The company offers core products and services including Sanya Fenghuangling Scenic Area operations; Chengmai Dafeng Project; Haikou Bay Cruise Project under "See Haikou by Sea"; internet advertising platforms; mobile audio and video content; mobile games; office rental services; information transmission and software development; labor services; automotive professional technology; advertising agency services; commodity trading; and newspaper and magazine publishing through brands such as Securities Times commercial rights and Huashang Media. It conducts operations principally in China, targeting consumer markets in tourism, digital media, and entertainment, with seven business segments encompassing communication, cultural tourism, and other sectors.
Founded in 1991 and headquartered in Haikou, Hainan Province, China, the company underwent a major strategic transformation into the media industry in 2006, acquiring assets like Times Media from Securities Times and Huashang Media hosted by People's Daily; it changed its name from China Media Group to Huawen Media Group in February 2008 and further to its current form.
In recent developments, Huawen Media Group signed a planned restructuring investment agreement with two investors in May 2025 to support financial reorganization; it faced an administrative penalty notice from Hainan Securities Regulatory Bureau in March 2025 related to gaming stock risks; and earlier pursued expansions into humanoid robots and new energy vehicles through joint ventures like Fuda Changban Robot Components with Changban Technology, contributing RMB 70 million for a 70% stake.