CITIC Guoan Information Industry Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | CITIC Guoan Information Industry Co., Ltd. is a joint-stock company exclusively initiated, partially restructured, and established through social fundraising by the former CITIC Guoan General Company, a subsidiary of China CITIC Group Corporation. On September 22, 1997, the company publicly issued 50 million RMB ordinary shares to the public through online pricing at the Shenzhen Stock Exchange. On October 31, the company's shares were listed on the Shenzhen Stock Exchange, abbreviated as "CITIC Guoan" and stock code "000839". The company has been selected as a sample stock for indices such as the Dow Jones China 88 Index, Shenzhen Component Stock Index, Shanghai Shenzhen 300 Index, Shenzhen Stock Exchange 100 Index, and Juchao 100 Index in the United States. Since its listing, the company has undergone years of business integration and capital operation, continuously optimizing its asset structure, and relying on advantages such as resources and technology, has basically formed an industrial layout with cable television network operation as its core business. The company has invested in 17 cable TV projects with a total investment of over 5 billion yuan, covering 7 provinces and 17 cities in China. The network covers a population of nearly 300 million, and the user scale of cable TV and digital TV continues to be the leading position among listed companies in the same industry in China. After the comprehensive promotion phase of triple play integration, the coverage of pilot units has further expanded, and the cooperation models have become more diversified, resulting in a more diverse range of business types and richer business methods for triple play integration. With the implementation of the integration of the three networks, cable TV operators in various regions are facing fierce competition from IPTV, OTTTV, and internet video. The company actively takes advantage of the integration of the three networks and, based on the actual situation in various regions, continues to increase investment in the cable television industry, continuously carries out various expansion and value-added services based on digital television systems, such as interactive television, internet access, high-definition pay TV, etc., actively guides users to "use television", further improves the comprehensive profitability of cable networks, and maintains a leading position in the industry. The company adheres to the concept of "openness, cooperation, and win-win", strengthens cooperation with operators from various regions, and jointly promotes the development of large screen intelligence. In April 2014, the company collaborated with Hubei Broadcasting and Television, Changsha Cable, Yueyang Cable, and Weihai Cable to jointly establish CITIC Guoan Guangshi Network Co., Ltd. (hereinafter referred to as "Guoan Guangshi"). Guoan TV has integrated the live streaming advantages of the broadcasting network and the interactive advantages of OTT business, creating a unique DVB+OTT operation model that has won deep market recognition. Guoan Radio and Television uses a large television screen as the entrance, gathering services such as health, elderly care, and municipal services, creating a smart community platform to serve thousands of families, truly achieving deep integration of radio and television networks and the Internet. As of the end of 2017, Guoan Guangshi had signed contracts to cover 15 million users, and the total number of users covered by Guangshi's business exceeded 5.5 million. The contracted customers include Hubei Radio and Television, Hebei Radio and Television, Changsha Guo'an, Liuyang Guo'an, Yiyang Guo'an, Xiangtan Guo'an, Truking Video, the Pearl River Digital, Yunnan Telecom, Beijing Mobile and other operators, and the business covers Hunan, Hubei, Hebei, Yunnan, Beijing, Guangdong and other places. In addition, the company also engages in real estate development, value-added telecommunications business, and other information industry businesses. In recent years, the company has been awarded honorary titles such as "China's Most Innovative Enterprise", "China's Outstanding Corporate Citizen", "Global Top 500 Chinese High tech Companies", "Global Most Growing Chinese Listed Companies", and "Most Respected Listed Companies by Investors" by social media and relevant authoritative institutions. In order to enhance core values and ensure long-term and stable development, the company will closely follow the changes in the external business environment, national industrial policies and market orientation, and actively adjust its business structure and integrate advantageous resources in accordance with the principle of "highlighting main business and professional development". The focus will be on overall development in the information industry direction, and efforts will be made to improve innovation ability and market competitiveness. At the same time, according to the needs of business development, we will carry out capital operation work, increase asset integration efforts, improve the quality of the company's assets, vigorously promote the development of innovative businesses, and gradually develop the company into a platform for capital operation, user and resource aggregation, acquisition and merger. With the transformation of the company's business, it will gradually form an industry-leading listed company that creates value for shareholders with multiple core competencies such as innovation and capital driven, outstanding management and technology, efficient operation, and talent specialization. |
| Headquarter | Beijing |
| Establish Date | 10/14/1997 |
| Listed Code | 000839.SZ |
| Listed Date | 10/31/1997 |
| Chairman | Zhang Ke. |
| CEO | Zhang Ke. |
| Website |
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