Bilibili established Tong Hui Cultural Communication Company in Zhejiang.

Tianyancha App shows that recently, Zhejiang Tonghui Culture Communication Co., Ltd. was established, with Zheng Binwei as the legal representative and a registered capital of 10 million RMB. Its business scope includes organizing cultural and artistic exchange activities, advertising production, corporate image planning, etc. The full equity penetration map shows that the company is fully owned by Shanghai Hehehe Culture Communication Co., Ltd., which is a wholly-owned subsidiary of Shanghai Huandian Information Technology Co., Ltd., a related company of Bilibili.