Tsinghua Tongfang (THTF Global), a Chinese state-owned company founded in 1997 and headquartered in Beijing, employs approximately 1840 people. Its primary business activities involve IT services and IT consulting, although it also operates in consumer electronics, information technology, energy, and environmental sectors.
Tongfang Energy Saving entered a loan agreement with Fotic for a sum not exceeding RMB100 million on an unspecified date. This follows a separate loan agreement between a subsidiary of Technovator International Ltd and Fotic, also for an unspecified amount and date. In the first half of 2025, Tsinghua Tongfang reported a net loss of CNY 256.09 million (approximately $35.80 million USD), contrasting with a net income during the same period the previous year. Despite this loss, the company projects 17.7% annual revenue growth, exceeding China's projected average market growth of 13.7%. Separately, Li Chengfu, President and Deputy Party Secretary of Tongfang Co. Ltd., attended the inauguration of a research center established by Tsinghua University and CNKI.
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Tsinghua Tongfang (THTF Global ) offers products in the media and telecoms services industry. Tsinghua Tongfang (THTF Global )'s product portfolio comprises of consumer electronics.
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