Wasu Media Holding Co., Ltd.
华数传媒
000156
Shenzhen Stock Exchange
Company Profile
1.Strength from integrating mature business with high-growth business The cable TV business and interactive TV business of Wasu covers most of Zhejiang. Meanwhile, the Interactive TV, mobile TV and OTT TV business and the smart city digitization business is growing fast. 2.Competitive strength from multi-network integration and all license qualification Wasu has exclusive cable TV and high-quality broadband network in Zhejiang and improves the use ratio of the broadband network by the developing new media business such as interactive TV. Multiple networks are developing collaboratively and promoting each other. Wasu has all license qualification to run the above business. 3.First move advantage in the market and continuous innovation ability Benefited with early business startup and complete market operation, Wasu has established good partnership with most manufacturers and service providers. Wasu actively promotes product innovation, builds the main platform of city informatization, and builds The National Radio and Television Administration Laboratory of Smart Home Innovation Research and Application.
Full description
Wasu Media is a listed company under Wasu Group specializing in digital television networking, new media business and smart city business. The main business covers cable TV network and broadband operation in most parts of Zhejiang and new media services including interactive TV, OTT TV, mobile TV and Internet audio-visual service operated around China as well as smart city business like smart government, smart security, smart education, etc.. The cable TV network business mainly includes building cable TV network basic audio-visual services and transmitting TV programs in Zhejiang. The new media business refers to new media contents, technical service and operation operated around China, including contents, technical service and operation business of interactive TV, mobile TV, OTT TV and Internet audio-visual service. Through terminal equipment such as TV, computer and mobile phone, new media business provides great volume of, clear and dual-way individualized audio-visual contents and related value-added service for users, satisfying the increasing cultural demands for people. It is the key business direction of the company. The broadband business is broadband Internet access business and information service business based on broadband for individual customers and institutional customers (incl. government and government departments, businesses and institutions). Smart city business, focusing on smart government and benefit of people, which is around the company's strategy, carries out smart city construction for group customers, including government and its affiliated departments, enterprises and institutions. Wasu Media is one of the leading comprehensive digitalized contents, including interactive TV, mobile TV and OTT TV, operators and service providers in China. Its service covers the cable net, three communication service providers and over 100 million OTT TV users in 100 cities in 30 provinces around China. The Company will be committed to building “intelligent network”, “integrated media” and “data platform” following the three strategies, i.e., “new network+ application”, “new media+ contents”, “big data+ research and development”. By constant opening up and innovation, Wasu will create characteristic content application, national first-rate new media platform, nationally advanced radio and TV network, complete cultural and technology support system and intelligent industry that can develop sustainably. Wasu will continue to implement the policy and deployment about accelerating the construction of smart radio and television, promoting the digital reform comprehensively in Zhejiang, building Hangzhou into a "digital smart city and livable paradise". Wasu will adhere to the new development concept, base on the new development stage and build a new development pattern. We’ll implement diversified and innovative development by improving three core capabilities of technology, content and service in order to become a leading "smart radio and television operator, digital service provider and integrated media application platform”, through creating a brand of "digitization, mobility and youth", taking "leading digital society constructorr" as the strategic and "Network intelligence, business integration and industrial ecology" as the direction,