Tsinghua Tongfang Co., Ltd.

Equities

600100

CNE000000RK9

Integrated Hardware & Software

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
6.14 ^CNY	+3.37%		+5.68%	-16.46%

Jan. 24	Tsinghua Tongfang Co.,Ltd. announced that it has received CNY 1.2 billion in funding	CI
2023	Beijing iSoftstone Intelligent Technology Co., Ltd. agreed to acquire Tongfang Computer Co., Ltd., and Tongfang International Information Technology Co., Ltd. and Tongfang Smart Industry Development Co., Ltd. from Tsinghua Tongfang Co., Ltd. for approximately CNY 1.9 billion.	CI

Beijing iSoftstone Intelligent Technology Co., Ltd. agreed to acquire Tongfang Computer Co., Ltd., and Tongfang International Information Technology Co., Ltd. and Tongfang Smart Industry Development Co., Ltd. from Tsinghua Tongfang Co., Ltd. for approximately CNY 1.9 billion.

December 28, 2023

Beijing iSoftstone Intelligent Technology Co., Ltd. agreed to acquire Tongfang Computer Co., Ltd., and Tongfang International Information Technology (Suzhou) Co., Ltd. and Tongfang (Chengdu) Smart Industry Development Co., Ltd. from Tsinghua Tongfang Co., Ltd. for approximately CNY 1.9 billion on December 28, 2023. The total acquisition price is CNY 1.89 billion The price for the 100% stake in Tongfang Computer is CNY1.35 billion. The price for the 100% stake in Tongfang International Information Technology (Suzhou) Co., Ltd. is CNY 544 million.

The acquisition price for the 51% stake in Chengdu Smart is CNY 1. As of February 1, 2024, Beijing iSoftstone Intelligent Technology completed the acquisition of Tongfang Computer Co., Ltd., and Tongfang International Information Technology (Suzhou) Co., Ltd.

Latest news about Tsinghua Tongfang Co., Ltd.

Tsinghua Tongfang Co.,Ltd. announced that it has received CNY 1.2 billion in funding	Jan. 23	CI
Beijing iSoftstone Intelligent Technology Co., Ltd. agreed to acquire Tongfang Computer Co., Ltd., and Tongfang International Information Technology Co., Ltd. and Tongfang Smart Industry Development Co., Ltd. from Tsinghua Tongfang Co., Ltd. for approximately CNY 1.9 billion.	Dec. 28	CI
Tsinghua Tongfang Co.,Ltd. announced that it has received CNY 300 million in funding from AVIC Securities Co., Ltd. and other investors.	Dec. 27	CI
Baidu placed AI chip order from Huawei in shift away from Nvidia -sources	Nov. 07	RE
How Huawei plans to rival Nvidia in the AI chip business	Nov. 07	RE
Tsinghua Tongfang Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-27	CI
US chip curbs give Huawei a chance to fill the Nvidia void in China	23-10-20	RE
Tsinghua Tongfang Plans to Sell Stakes in Three Computing Business-Related Firms	23-10-20	CI
Tsinghua Tongfang Co.,Ltd.(XSSC:600100) added to S&P Global BMI Index	23-09-18	CI
Tsinghua Tongfang Co.,Ltd.(XSSC:600100) added to FTSE All-World Index	23-09-18	CI
Tsinghua Tongfang Subsidiary CNKI Fined 50 Million Yuan for Privacy Violations	23-09-07	MT
Tsinghua Tongfang Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-29	CI
Tsinghua Tongfang Plans to Sell Unit's 84.2% Stake	23-08-11	CI
Tsinghua Tongfang Plans to Sell 80% Stake in Energy Unit	23-05-26	CI
Tsinghua Tongfang Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-28	CI
Tsinghua Tongfang Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-28	CI
Tsinghua Tongfang to Seek 2.2 Billion Yuan Loan From EximBank	23-02-21	MT
Tsinghua Tongfang Plans to Slash Listing Price for Stake in Insurer	22-12-29	MT
Technovator International Units, Controlling Shareholder Renew Agreements	22-12-27	MT
Tsinghua Tongfang Units Fined 75 Million Yuan Over Monopolistic Practices	22-12-27	MT
MarketScreener's World Press Review: December 16, 2022	22-12-16
Tsinghua Tongfang to Carry Out 1.5 Billion Yuan Factoring Business	22-12-15	MT
Tsinghua Tongfang Vice Chairman Resigns	22-11-08	MT
Tsinghua Tongfang Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2022	22-10-28	CI
Tsinghua Tongfang Chairman Resigns	22-08-31	MT

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Company Profile

Tsinghua Tongfang Co., Ltd. is a technology group organized around 3 areas of activity: - information and communication technologies: development and integration of smart networking solutions and systems, development of data processing systems, high-end communication equipment, software publishing, computer manufacturing, consumer electronics manufacturing, etc. The group also develops industrial control systems, smart transport systems, home automation systems, and shipbuilding solutions; - public safety: development of control and security solutions, urban management and monitoring systems, access control systems, smart cards, information security systems, satellite positioning systems, etc. ; - energy and environment: development of energy efficiency solutions, district heating systems, residual heat recovery systems, urban lighting systems, waste and water management and treatment systems, etc. China accounts for 65% of net sales.

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Integrated Hardware & Software

Calendar

2024-04-26 - Q1 2024 Earnings Release

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Sector Integrated Hardware & Software

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Integrated Hardware & Software