Tsinghua Tongfang Company Limited (SSE: 600100), held by Tsinghua Holdings Company Limited of Tsinghua University in Beijing,is engaged in information technology, energy and environment industries. IT businesses include information systems, application systems, digital television systems and Internet application. Energy and environmental business include environmental protection and energy saving.
Tsinghua Tongfang was established in 1997 and listed on the Shanghai Stock Exchange at the same year.
Investment
Tongfang builds industry chains with focus on two major business, information industry and energy environment industry, mainly including the production and service of products like PC, LED chip, security system, digital TV, digital city and environment protection.
Tongfang's investment is mainly concentrated on North China, covering all large cities in China, and its investment overseas continues to expand. Tongfang entered a period of rapid growth in the year of 2007.
Besides its continued investment in PC, container inspection system, environmental protection technology in recent years, it also has enlarged the investment in high-tech products, like LED chip, RFID, digital TV and e-government, making its investment projects scattered.
Its LED chip and software outsourcing business have developed rapidly, beginning to take shape; its security system, digital TV system, and e-government will maintain a fast development in the following several years, and a bright market future is foreseeable; its micro-electronics, RFID, and comprehensive utilization of fly ash (environment protection) have huge potential for business development; its digital city, building energy-saving, environment protection and building lighting will maintain the current situation of a stable growth; its e-government products will have an explosive growth to strengthen its software outsourcing business, the growth of which will speed up; its PC gross profit margin continues declining, and laptop has become the key driver of PC market, while revenue growth of computer hardware equipment manufacturing industry will slow down, and its revenue proportion to the total revenue will scale down.