The development of 5G users has entered a stock game, and the performance of listed companies in the broadcasting and television sector is under pressure

Recently, the major asset replacement and related transaction plan of Guangxi Radio and Television was approved by the company's shareholders' meeting. After the transaction is completed, Guangxi Radio and Television will no longer operate broadcasting-related businesses and will transform to engage in digital intelligence engineering and other businesses. The transformation decision of Guangxi Radio and Television reflects the common predicament faced by listed companies in the broadcasting industry. At the beginning of 5G commercialization, the broadcasting system was granted a 5G license, hoping to reverse the decline of cable television business. However, the transformation results have been unsatisfactory, and under the background of stock game, the growth of 5G users in the broadcasting system has been slow. Industry insiders believe that the reasons for the obstacles in broadcasting development include limited market incremental space and insufficient business innovation. At the same time, there has been no significant business differentiation in competition with the three major operators. However, looking at the situation of provincial broadcasting network companies, they are currently expanding new businesses such as artificial intelligence applications and computing power. Various information indicates that this year the broadcasting system will complete the integration of "one network per province" in all provinces, thereby promoting the integration process of "one network nationwide," using this as an important lever to drive business development