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Qian Xun Technology 1640.HK · HKD

Communication Services · HKEX · 🇭🇰 Hong Kong

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About Qian Xun Technology

Its shares trade on HKEX under the ticker 1640.HK. It has been listed since 12 November 2019. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.74bn and a net loss of CN¥14.6m. At that date it held total assets of CN¥730.6m and shareholders' equity of CN¥209.2m.

Ruicheng (China) Media Group Ltd. provides television advertising services. The company is headquartered in Beijing, Beijing. The company went IPO on 2019-11-12. The firm mainly provides television (TV) advertising services, which including hard-sell TV advertising services and advertising solution packages involving soft-sell TV advertising services, online advertising services, outdoor advertising services and other advertising services. The firm conducts its businesses primarily within the domestic market.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Communication Services
Industry
Media
Listed since
12 Nov 2019
Employees
62

Leadership

Pay as last reported

  • Mr. Xuejun LengExecutive Vice Chairman of the Board, since 2022CN¥490,000
  • Ms. Zi LinDeputy General Manager
  • Mr. Changpeng SunExecutive Director, since 2024
  • Mr. Kin Man YuCompany Secretary
  • Ms. Hoi Yan LamNon-Executive Independent Director
  • Mr. Zhongjie NiuIndependent Non-Executive Director
  • Mr. Sincere WongNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
75
Environment
68
Social
91
Governance
65
Direct emissions (scope 1)
577,458 t
Energy emissions (scope 2)
207,278 t
Value chain emissions (scope 3)
20,793,853 t
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established presence: Ruicheng China Media Group Ltd is an established media company in China, with a strong presence in the market.
  • Diversified media portfolio: The company operates across various media platforms, including television, radio, print, and digital, which provides it with multiple revenue streams.
  • Strong brand reputation: Ruicheng China Media Group Ltd is recognized for its high-quality content and trusted news reporting, which has helped build a strong brand reputation.

Weaknesses

  • Heavy reliance on traditional media: While the company has diversified its media portfolio, it still heavily relies on traditional media channels, which face challenges in the digital age.
  • Limited international presence: Ruicheng China Media Group Ltd currently focuses primarily on the domestic market, limiting its exposure to lucrative international opportunities.
  • Technological limitations: The company may face challenges in adapting to rapidly evolving technologies, which could impact its competitiveness in the digital media landscape.

Opportunities

  • Expanding digital media: The increasing internet penetration and digital adoption in China provide opportunities for Ruicheng China Media Group Ltd to expand its presence in the digital media space.
  • E-commerce integration: The company can explore integrating e-commerce platforms within its media channels, allowing for new revenue streams and increased consumer engagement.
  • Global expansion: With the growing interest in Chinese media and culture worldwide, there is potential for Ruicheng China Media Group Ltd to expand its operations internationally, reaching new audiences.

Threats

  • Intense competition: The media industry in China is highly competitive, with numerous players vying for audience attention and advertising revenue.
  • Government regulations: The company operates within a regulatory environment, with government policies and censorship potentially impacting its content and operations.
  • Changing consumer preferences: Evolving consumer preferences and behaviors, such as the shift towards online streaming and social media, may challenge the company's traditional media offerings.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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