Conglomerate (company) music industry, television and film production and distribution, financial services, and telecommunications. In China, many of the country's conglomerates are state-owned enterprises, but there is a substantial number of private conglomerates. Notable conglomerates include BYD, CIMC, China Merchants Bank, Hasee, Huawei, JXD, Ping An Insurance, TCL Corporation, Tencent, TP-Link, ZTE, Legend Holdings, Dalian Wanda Group, China Poly Group, Beijing Enterprises, and Fosun International. Fosun is currently China's largest civilian-run conglomerate by revenue. In South Korea, the "chaebol" are a type of conglomerate owned and operated by a family. A chaebol is also inheritable, as most of current presidents of chaebols
Owned-and-operated station Channel Islands, most of the operations of the network have been absorbed into that entity. Moreover, the separately owned station serving northern and central Scotland (STV) and the ITV plc-owned UTV often deviate significantly from the schedule of the ITV channel as programmed by ITV plc. As a result of this restructuring and other changes in the relationship between ITV and STV, the Channel 3 franchises owned by ITV plc could now be considered ITV owned-and-operated stations, with STV being comparable to an affiliate. From 1982 to 2010, a somewhat comparable situation existed for the fourth channel allocation, with Channel