Is Migu Company a state-owned enterprise?

The company is a state-owned enterprise.

According to enterprise investigation, Migu Culture Technology Co., Ltd. (hereinafter referred to as "Migu Company") is a comprehensive professional subsidiary of China Mobile, which is responsible for the provision, operation and service of digital content products.

It is the only operating entity of China Mobile's digital business sectors of music, video, reading, games and animation. Migu Company has become the leading full-scene brand immersion platform in China, gathering more than 20 million+songs, 4.6 million videos, 1, 200+ live audio and video broadcasts, 500,000+books and periodicals, 30,000+games and 470,000 animations.