- Business
- Strait Innovation Internet Co., Ltd. (300300.SZ) engages primarily in software development and intelligent services for smart cities and smart medical care in China. The company offers intelligent building platforms, intelligent public safety management systems, smart city planning, design, consulting, engineering construction, integration, and operation services; internet diagnosis and treatment services including telemedicine via its subsidiary Pingtan Internet Hospital; outsourced engineering business, internet information services, film screening, financial leasing, technology development, and value-added services in construction, public safety, energy conservation, online entertainment, and multimedia integration. It operates throughout China with a focus on the Pingtan Comprehensive Experimental Zone and pursues strategic investments in healthcare and digital health projects such as Xu Nuo Pharmaceuticals (NASDAQ:XYNO), JD Digital Technology, and Kunyuan Gene. Founded in 2002 and headquartered in Hangzhou, the company listed on the Shenzhen Stock Exchange in March 2012. In December 2019, its controlling shareholder changed to Pingtan Venture Capital with the actual controller becoming the Pingtan Comprehensive Experimental Zone State-owned Assets Administration Bureau, transforming it into a state-owned holding enterprise; in November 2024, the actual controller shifted to the Pingtan Comprehensive Experimental Zone Investment Promotion Bureau, supporting its strategy to optimize resources and become a leading smart city operator.