In 2009, the company established the Broadband Division of the Group, focusing on broadband services in major cities across the country;
In 2009, a media reported that Dr. Peng wanted to acquire Great Wall Broadband. On April 16, Great Wall Computer and Great Wall Development announced that they would sell their 50% equity and related creditor's rights together with Great Wall Technology. On April 22nd, Dr. Peng announced his bid for 50% equity of Great Wall Broadband. On June 25th, Dr. Peng said that he had signed a property right transaction contract with Great Wall Technology, Great Wall Computer and Great Wall Development, and received the equity and creditor's rights held by the three companies at a price of 324 million yuan. Great Wall Broadband is undoubtedly an important chess piece for Dr. Peng to lay out the whole country, so Dr. Peng also attaches great importance to this matter. On April 2 1, Dr. Peng's board of directors deliberated and passed a proposal to apply to Beijing Equity Exchange for bidding for 40% and 5% of Great Wall Broadband respectively held by Great Wall Technology and Great Wall Telephone [8.7311.33-0.79%] and Great Wall Development [1]. On July 27th, Dr. Peng received a letter from the transferor saying that CITIC Network indicated that it would exercise the preemptive right, which led to Dr. Peng's unsuccessful bid for 50% equity of Great Wall Broadband. However, the acquisition of an established broadband operator has made Dr. Peng a minor celebrity in the industry. In fact, this company has been active in the field of telecommunications in recent years. "Our previous main business was steel, and now we are transforming into telecom value-added, security monitoring and online media." Dr. Peng said. After the acquisition of Beijing Telecom Engineering Co., Ltd. in 2007, Dr. Peng began to cut into the field of telecommunications business, and later acquired Beijing Haidian District Cable Radio and Television Network Company and Shanghai Dilian. "The company has completely transformed into a high-tech company focusing on network foundation and telecom value-added services."
At the beginning of 20 10, the company established Dr. Peng Telecom Media Group Co., Ltd. Shanghai Branch, and made use of the rich network resources, advanced network technology and strong financial strength of the group company to invest heavily in Shanghai, focusing on developing broadband access services in the Shanghai market.
20 10 65438+ 10 Dr. Peng raised net capital of138.3 billion yuan through non-public offering, and invested in broadband internet access services in 9 major cities, including Beijing, Shanghai, Chengdu, Shenyang, Hubei, Chongqing and Guangzhou.