Hunan Publishing Investment Holding Group Co., Ltd.

Hunan Publishing Investment Holding Group Co., Ltd. (hereinafter referred to as the "Group"), formerly known as Hunan Publishing Group established in June 2000, underwent a whole-entity conversion to an enterprise in September 2004, and launched restructuring and listing in 2008, integrating publishing and media businesses to establish Zhongnan Publishing and Media Group Co., Ltd. (hereinafter referred to as "Zhongnan Media"). In October 2010, Zhongnan Media was listed on the Shanghai Stock Exchange, becoming a leading listed publishing stock with a full industry chain nationwide. Its development model of cultural system reform has been affirmed by various parties and highly praised by the industry.
The Group currently has 43 subsidiaries and branch companies, with more than 25,000 employees. Its main business covers various media such as books, newspapers, periodicals, audio-visual products, electronics, networks, subway media, and mobile media, integrating editing, printing, distribution, and supply into one, while actively expanding diversified businesses such as cultural real estate, cultural tourism, financial investment, elderly services, and health care. With the development mission of "inheriting culture and serving the country through industry," the business philosophy of "catalyzing creation and dedicating to sharing," and the development strategy of "combining online and offline, combining culture and finance," the Group holds high the two banners of "media belongs to the Party" and "integrated development," vigorously promoting reform and innovation, and achieving good social and economic benefits. Its brands such as Xiang Edition Books, Hunan Xinhua, Fine Printing, Red Net, and "Happy Elderly" are renowned nationwide. Zhongnan Media leads the country in book market share. In recent years, it has created a number of key cultural projects of integrative significance such as " Huxiang Library," "Yan'an Literature and Art Series," and "Complete Collection of Cifu of Past Dynasties," and launched a number of excellent books such as "Positive Energy," "Prime Minister of the Great Qing," "The World Is Flat," "Mountains and Rivers Kasaya," and "The Countryside Is the Country." Xiang Edition textbooks have entered 30 provinces and cities nationwide, used by more than 80 million students, and have been successfully exported abroad. Digital education products have entered 25 provinces domestically, serving more than 10,000 schools and 21 million users, with overseas business landing in 16 countries (regions) including Uzbekistan and South Sudan. Internet and mobile internet products such as Moment News, Zaker Xiaoxiang, Daxiang Net, Feng Net, Shell Net, New Elderly, and Yueda Book City have 120 million active users. The periodical circulation of "Happy Elderly News" exceeds 2.2 million copies.
The Group has been selected as one of the Top 30 Cultural Enterprises for eleven consecutive sessions, with comprehensive strength entering the top 10 among world publishing enterprises and influence entering the top 500 world media groups. Zhongnan Media has always led in market value among domestic listed publishing companies, has repeatedly been listed in the Fortune China 500, and has been included in the top ten of the listed company value list. It has won honors such as National Advanced Unit for Cultural System Reform, National Key Cultural Export Unit, Shanghai Stock Exchange Annual Board Award, and China's Top 100 Listed Companies Most Respected by Investors.
Facing the future, the Group will always take Party building as its core work, always take social benefits as its fundamental pursuit, always take坚守 its main business as its leading strategy, and always take reform and innovation as its development driving force, striving to build itself into a provincial leading comprehensive cultural group with strong industrial driving force, a new mainstream publishing and media group with strong communication, guidance, and credibility, and a modern cultural flagship group with relatively strong international influence and competitiveness.