Shenzhen Topway Video Communication (002238): Leading Provider of Value-Added Service Cable Network

  • Contributor:TX Investment Consulting
  • Date:May 26, 2008
  • Price:$20.00
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Excerpts:

The company issued 67 million A-shares and the issued share capital totaled 26,700 million shares. The company's largest shareholder held 16,400 shares and the actual controller was Shenzhen Media Group. Topway Video Communication is the only cable television network operator in Shenzhen Special Economic Zone, mainly responsible for cable TV network construction, operation and radio and television programs for the reception, transmission, on-line information and multi-functional services. Cable television network is a regionally dominant industry. The company has the exclusive right to operate cable network in the Shenzhen Special Economic Zone, while the cable broadband business has occupied market share of about 25 percent in Shenzhen broadband access and it is one of the broadband network operators in Shenzhen. Digital TV value-added services will be highlights for the company's future performance. The company as the cable television network operator is in the leading position. Raised funds: 1) cable television network transmission system transformation; 2) interactive television system construction; 3) content integration and operation; 4) cable network operation supporting platform construction; 5) broadband data Network technical transformation


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