Telling Telecommunication Holding Co., Ltd. (000829.SZ) principally engages in the distribution and sales of intelligent terminals, including mobile phones from leading brands such as Apple, Huawei, and Samsung; e-commerce platforms exemplified by Nengliang Electronics and JD 2B Mall; lottery services through its Tianliancai platform and licensed operations for China Welfare Lottery and China Sports Lottery; mobile resale and virtual network operator services under the Telling Mobile brand; mobile phone after-sales services; and own-brand products under WIKO, including the Hi Enjoy 70 Plus smartphone certified with HarmonyOS Connect and the Hi MateBook series notebooks targeting the Windows PC market. The company also provides mobile internet services via platforms like Tadu for reading and Opera for browsing, alongside repair services for communication products. Telling Telecommunication operates a comprehensive network integrating offline distribution channels with wide coverage across China and online platforms, serving consumer electronics and telecommunications markets primarily in China with overseas expansion into 19 countries including Dubai, Nigeria, and Panama via Telling International Co., Ltd.
Founded in 1997 and listed on the Shenzhen Stock Exchange on December 2, 1997, the company, headquartered at Block D, Desheng Shangcheng, No. 117 Deshengmenwai Street, Xicheng District, Beijing, underwent major asset restructuring in 2003 to focus on communication product marketing and mobile internet, evolving into a diversified group with over 100 subsidiaries.
Recent developments include the acquisition of Shanghai Nengliang in 2018 to bolster e-commerce; full ownership of Telling Communication in 2017 via major asset restructuring; acquisition of Dongguan Vico to launch the WIKO brand, with WIKO releasing the Hi Enjoy 70 Plus in December 2024 as a Huawei Smart Choice product and the Hi MateBook notebooks at the end of October 2024; acquisition of Tinno Mobile Technology's handset trademark, R&D, and supply chain assets in 2021 to enhance upstream capabilities amid rumors initially involving Honor; strategic cooperation with PhoenixNet for Tadu in 2018; and ongoing focus on 5G, industrial internet, and diversification into AI-driven consumer electronics value chains. In 2018, Telling signed contracts with China's three major operators for mobile resale licenses and commenced construction of Telling Mansion in Shenzhen Bay Super Headquarters Base. The company maintains synergies across its segments, positioning as a leader in 3C product distribution and industrial internet services.