Core Points - The company aims to become a leading provider of television program content and quality services in China, utilizing market-oriented cooperation to optimize television resource allocation [8][14]. - The company is registered with a capital of 130 million RMB and was established as a joint-stock company through the overall transformation of Hunan Changguang Tianze Media Co., Ltd [5][7]. - The company was approved by the China Securities Regulatory Commission for its initial public offering of 25 million shares, which were listed on the Shanghai Stock Exchange on August 11, 2017 [7][8]. Company Structure - The company is a permanent joint-stock company, with all assets divided into equal shares, and shareholders are liable for the company's debts only to the extent of their subscribed shares [10][11]. - The chairman of the board serves as the legal representative of the company, and the company assumes civil liability for activities conducted by the legal representative in the course of their duties [9][10]. Business Scope - The company's business scope includes broadcasting and television program production, performance brokerage, internet information services, and various types of value-added telecommunications services [14][15]. - The company also engages in advertising design and agency, cultural and entertainment brokerage services, and various rental services [14][15]. Share Issuance and Management - The company issues shares in the form of stocks, with each share having a par value of 1 RMB, and all shares must have equal rights [16][17]. - The company has a total of 130 million shares issued, and it is prohibited from providing financial assistance for others to acquire its shares, except under specific conditions [10][12]. Shareholder Rights and Responsibilities - Shareholders have the right to receive dividends, request meetings, supervise the company's operations, and transfer their shares according to legal regulations [33][34]. - The company has established rules for shareholder meetings, including the requirement for a minimum attendance and voting procedures [29][30].