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Searching for "Sun Min"
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Bullet-screen Video Site Acfun Secures USD 60 Mln A+ Funding
Sina Tech, 1/14/16
Guangzhou-based Danmu Network Technology, operator of bullet-screen video site Anime Comic Fun (Acfun), recently announced completion of USD 60 mln Series A+ funding from SoftBank China Venture Capital. Read More
Tongfang Reduces Stake in BesTV
China Securities Journal, 7/01/10
Beijing-based high-tech conglomerate Tsinghua Tongfang (600100.SH) announced today that it will sell 9.16 mln shares in BesTV, Shanghai Media Group (SMG)'s IPTV operations subsidiary, to Chengdu-based investment firm Yuanhong Venture Capital for a total of RMB 97.37 mln. Read More
Tongfang Obtains Government Subsidies
China Securities Journal, 6/29/10
On June 30, Beijing-based high-tech conglomerate Tsinghua Tongfang (600100.SH) announced that it had received a notice from China's Ministry of Industry and Information Technology (MIIT) on the approval of RMB 35.68 mln in government funding for Tongfang's digital TV SoC and high-storage SIM card projects, as part of a 2009 initiative to promote development of core electronic components, high-end chips, and basic software products (the "Core, High, and Basic" initiative.) Tongfang said it also has a number of other projects eligible for funding from the initiative, but that it has not been approved for additional funds as of yet. Read More
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