Xiaomi invests in Galaxy Internet Television

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Qichacha app shows that recently, Galaxy Internet Television Co., Ltd. underwent an industrial and commercial change. Pengbo Shicyun (Beijing) Technology Co., Ltd. exited the list of shareholders, and Xiaomi-linked company Hanzhang Entrepreneurship Investment Co., Ltd. was added as a shareholder. According to Qichacha information, the company was established in 2012, and its business scope includes: licensed production and operation of radio and television programs; value-added telecommunications business of category 1; value-added telecommunications business of category 2; network culture operations, etc. Public information shows that Galaxy Internet Television was jointly initiated by the Central Radio and Television General Station and Beijing iQiyi Technology Co., Ltd., among others. The company holds two licenses for both internet TV integrated services and content services. (People’s Finance and News)

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