Hunan Broadcasting System, also known as HBS, is a state-owned media company headquartered in China. Formerly known as Golden Eagle Broadcasting System (GBS), the organization was founded in 2010 and operates as China's second largest state-owned television network after China Central Television (CCTV), owned by the Hunan provincial government. Specializing in broadcast television and radio, the company reported $1.2B in revenue as of 2023 and functions as a tier 1 media tech buyer.
Mango Excellent Media Co Ltd projects its 2025 net profit to reach between 1.1 and 1.4 billion yuan, as announced on January 29, 2026. This forecast follows an upward trend observed in the digital media sector on January 14, 2026, where Mango Excellent Media's performance tracked other entities like People's Daily Online and Visual China. Earlier, on December 29, 2025, Mango Excellent Media, alongside Dianguang Media and other partners, established Zhangjiajie Mango Cultural Tourism Co. Ltd. The new entity was capitalized at 180 million yuan and its business scope includes Internet information services, construction engineering design and construction, and catering services.
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Hunan Broadcasting System offers 3 products in the media and telecoms services industry. Hunan Broadcasting System's product portfolio comprises of broadcast television and radio.
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Hunan Broadcasting System's revenues were over $1B in 2023. Caretta Research has split Hunan Broadcasting System's revenue into 3 different product categories, the largest of which is linear (thematic channel groups). For full access to Hunan Broadcasting System's revenue breakdown subscribe to Caretta Portal.
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