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Entity Type: Domestic Company

Young Lion Holdings Limited

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Young Lion Holdings Limited is a British Virgin Islands-incorporated holding company that has served as Television Broadcasts Limited’s (TVB) largest shareholder since January 2011, when it acquired a 26 percent stake in TVB from Shaw Brothers (Hong Kong) Limited for an estimated HK$5.2 billion, according to the South China Morning Post. As of TVB’s 2024 Annual Report, the stake, held through subsidiary Shaw Brothers Limited, stood at 25 percent and was subject to overlapping, jointly held interests between Kenneth Hsu Kin, who controlled the stake through Ever Port Limited, and PRC media tycoon Li Ruigang (黎瑞剛), founder of China Media Capital (華人文化), or CMC, who held an indirect interest through a chain of entities including CMC M&E Acquisition Co. Ltd. As of May 2025, TVB’s Executive Chairman Thomas Hui (許濤) agreed to acquire Hsu’s shares in Young Lion Holdings, after which Hsu resigned as a TVB non-executive director, according to the South China Morning Post.

Yeni Neşriyat A.Ş.

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Yeni Neşriyat A.Ş. is the Istanbul-based publishing company that owns and operates Millî Gazete, a Turkish daily newspaper that describes itself as representing Millî Görüş (“National View”), the movement founded by Necmettin Erbakan whose political vehicles have been characterized by Britannica as Islamist. Company filings listed on the paper’s own masthead identify Ömer Yüksel Özek as acting on the company’s behalf as license holder and general manager. Apple’s App Store lists Yeni Neşriyat A.Ş. as the developer of Millî Gazete’s mobile applications, confirming the corporate link. In July 2026, Millî Gazete’s editorial department head was among the foreign media figures hosted on a state-organized seminar in Xinjiang, organized by China’s State Council Information Office.

Mobile TeleSystems

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MTS (Mobile TeleSystems) is Russia’s largest mobile operator, with more than 86 million mobile subscribers across Russia and Belarus. The company was founded on October 28, 1993, as a joint venture between the Moscow City Telephone Network, Deutsche Telekom (through its DeTeMobil subsidiary), Siemens, and several smaller Russian shareholders. MTS is majority-owned by Sistema, Russia’s largest publicly traded diversified holding company. The core telecommunications business and retail network retained the MTS name throughout a 2024-2026 corporate reorganization that spun off the company’s non-telecom businesses, including media and entertainment, fintech, advertising technology, and kickscooter-sharing, into a separate holding structure. ON Media, the parent of the media assets involved in cooperation agreements with China Media Group, is among the businesses that passed through this restructuring.

Bigwave Robotics

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Bigwave Robotics is a South Korean tech company founded in 2020 and based in Seoul that operates Marosol, a platform where businesses can rent robots for their needs and which the company calls “the nation’s most extensive robot database.” The platform uses AI to help companies find the right robots for their work by matching them with robot suppliers. Bigwave Robotics also built SOLlink, a tool that lets businesses control different brands of robots all in one industrial or work setting.

Chubun Sangyo Co Ltd

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Listed on the footer of Japan’s Chinese-language Chubun (中文導報) as the copyright holder, Chubun Sangyo Co., Ltd. (中文产业株式会社) is the publisher of what China’s Baidu Baike describes as Japan’s “comprehensive Chinese-language weekly newspaper.” The company has published Chubun since its September 1992 founding, distributing 80,000 copies weekly across four sections. A 2005 speech by the newspaper’s editor-in-chief, published in CNHubei, describes Chubun Sangyo as “Japan’s largest comprehensive Chinese enterprise promoting Sino-Japanese exchange” and a “cross-media group” operating multiple outlets including Chubun, “Lele China” (乐乐中国) television station, Japanese magazine CHAi, and the “Kentoshi” (遣唐使) website. However, the company also describes itself as a logistics firm delivering “necessary goods to necessary places at necessary times” with “low prices, high quality, and short delivery times,” creating an unusual structure where a supply chain operation owns a prominent Chinese-language media outlet.

Yanolja

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Founded in 2005, Yanolja is a global travel technology company that provides cloud-based software and operates a distribution platform connecting hotels, airlines, and car rentals with sales channels worldwide. The company says that it uses artificial intelligence and data-driven solutions to help travelers with their booking plans.

Formosa Plastics Group

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Formosa Plastics Group (台塑企業), also known as FPG, is a Taiwan-based industrial conglomerate founded in 1954 by brothers Wang Yung-ching (王永慶) and Wang Yung-tsai (王永在) in Kaohsiung. According to the group’s corporate introduction, it began as the world’s smallest polyvinyl chloride (PVC) factory, with a daily production capacity of four tons, and expanded over seven decades into a conglomerate of more than 100 companies. Core subsidiaries include Formosa Plastics Corp. (台灣塑膠公司), Nan Ya Plastics Corp. (南亞塑膠公司), Formosa Chemicals & Fibre Corp. (台灣化學纖維公司), Formosa Petrochemical Corp. (台塑石化公司), and Formosa Ha Tinh Steel Corp. (台塑河靜鋼鐵公司). The group maintains production operations in Taiwan, the United States, China, Vietnam, the Philippines, and Indonesia. It also operates a network of healthcare and education institutions, including Chang Gung Memorial Hospital (長庚紀念醫院), founded in 1976, Ming Chi University of Technology (明志科技大學), founded in December 1963, and Chang Gung University (長庚大學). FPG is the parent company of Yung Tsai Investment Co., Ltd. (永在投資股份有限公司), which acquired Gala Television in 2014.

Eastern Group

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Eastern Group (東森集團) is a Taipei-based conglomerate founded in 1975 as Far Eastern Silo Co., Ltd., initially operating grain storage and port facilities at the ports of Kaohsiung and Taichung. The group entered the media industry in 1991 by establishing what became Eastern Broadcasting Co., Ltd., and has since expanded into e-commerce, digital media, beauty and wellness, insurance, and logistics. Its principal subsidiaries include Eastern Media International Corporation, the home shopping channel ETMall, and the digital news platform ETtoday. The group describes its operational approach as “vertically integrated, omni-channel, and diversified,” combining big data analytics, social networking, and precision marketing. As of 2026, Eastern Group is chaired by Wang Ling-lin (王令麟).

Australia Longyi Group Pty Ltd

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Longyi Group Australia (澳洲龍一集團), registered formally as Australia Longyi Group Pty Ltd with Australian company number ACN 168256666, is a Melbourne-based investment and media company focused on facilitating bilateral investment between Australia and China. The group owns Finance Vision Australia (財視澳洲), the Chinese-language media outlet, and maintains branch operations in Shanghai, China, through two subsidiaries: Shanghai Longyi Advertising Co. Ltd (上海龍一廣告有限公司) and Shanghai Longyi Immigration and Visa Services Co. Ltd (上海龍一出入境服務有限公司). The group’s website is longyigroup.cn, a Chinese domestic domain, and Finance Vision Australia’s website carries a Shanghai-based Chinese internet content provider registration number — both suggesting the group’s operational center of gravity lies in mainland China despite its Australian incorporation.