Wanxin Media is not a state-owned enterprise. Wan Xin Media is a publishing-oriented enterprise, mainly engaged in the wholesale and retail of teaching materials, general books and audio-visual products. 20 10 1.5, released by Wanxin Media.

2015,65438 February, Wanxin Media released a plan for non-public offering. The total amount of funds raised through non-public offering is estimated to be no more than 2 billion yuan, which will be used for "intelligent learning all-media platform" and "intelligent bookstore operation platform", with investment of1750 million yuan and 250 million yuan respectively.