Core Viewpoint - Beijing Qiaomu Media Technology Co., Ltd. has been established with a registered capital of 100 million yuan, indicating a strategic move in the media and entertainment sector by Douyin Group (Hong Kong) Limited, which holds full ownership of the company [1]. Group 1 - The newly established company focuses on various operations including broadcasting and television program production, online cultural operations, performance brokerage, and television drama distribution [1]. - The registered capital of the company is 100 million yuan, reflecting significant investment in the media industry [1]. - Douyin Group (Hong Kong) Limited is identified as the sole shareholder, suggesting a strong commitment to expanding its media presence [1].