Zhongyou Century （Beijing）Communications Technology Co., Ltd. is a mixed ownership enterprise under China National Postal and Telecommunications Appliances Corp. (PTAC), a wholly-owned subsidiary of Genertec, which is a state-owned enterprise directly administered by the central government of China. The company was set up in Dec. 2006, is the only MVNO with state-owned share, which has the management experience of both state-owned enterprise and private enterprise. The company has independent, nationwide integrated mobile communications supporting system, sales andservice network covering all regions of China. Since Jan. 1, 2015, the company launched its MVNO business brand “PTAC MOBILE” to provide mobile communications services in partnership with China Mobile. The core value of the company is to focus on verticals, and to provide the customers with mobile communications products and services deeply integrated with industrial application. The company aims to be new mobile service operator providing mobile internet application and operation for traditional industry. In adherence to the concept of “Innovation, Cooperation, Value Co-creation”, Zhongyou Century utilizes its advanced resources, conducts in-depth cooperation with its leading products and firm channel resources in communications, health, educations, etc. The business of the company can be concluded mainly as: mobile communication and SP value-added business; Internet communication products and operation; customization of communication terminal products, agent and sales.