Guiyang launches new cultural SOE

The State-owned Guizhou Cultural Industry Group Co was established in Guiyang on July 19, marking a significant milestone in the city's reform of State-owned cultural assets and enterprises.

Formed through the merger of Guiyang Broadcasting and Television Media Group Co and Guiyang Daily Media Group Co, the new company is a municipal-level cultural enterprise that will focus on four key sectors: digital media, performing arts and exhibitions, sports events, and cultural services. The group is expected to provide strong industrial support for enhancing the "Cool Guiyang" city brand and promoting Guiyang's overall image.

Guiyang Cultural Industry Group Co will carry out personnel reorganization and asset integration, working to transform Guiyang City and Gui'an New Area's rich cultural resources into industrial, economic, and competitive advantages. The group aims to inject new momentum into the thriving development of the region's cultural industry.