Beijing Telesound Electronics Co., Ltd. Class A
SSZSE:00300457.74
CNY
-0.93
(-1.59%)
ISIN
CNE100004926
Return %
Stock
S&P 500
1Y
191.62
13.14
3Y
132.07
80.78
5Y
139.29
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Zheng Tan
- Full Time Employees
- 1,592
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 101 , 1st to 5th Floor Beijing BE China 100094
- IPO Date
- Nov 26, 2020
- Website
- telesound.com.cn
- Similar Companies
- Business
- Beijing Telesound Electronics Co., Ltd. is a comprehensive security solution and operation service provider specializing in intelligent security and Internet of Things (IoT) platform technologies. Founded in 1994 and headquartered in Beijing, the company operates primarily across China, delivering integrated security systems and operation services to sectors including rail transit, banking, government, and public infrastructure. Its core products and services include smart security solutions such as integrated security and anti-terrorism management platforms; low-altitude safety drone detection and prevention systems; city and subway security image information management systems; remote monitoring solutions for high-risk areas like banks, oil fields, and machine rooms; smart parking solutions; and comprehensive monitoring, alarm operation, and maintenance services. The company also provides security operation services supported by a three-level architecture service system and a nationwide service network, protecting thousands of bank outlets, subway stations, and public venues. In recent developments, Beijing Telesound has expanded its business by launching the Telesound Drone detection and control system targeting low-altitude safety defense scenarios, aiming to grow this emerging segment of its operations. The company repurchased 624,400 shares in 2024 to strengthen shareholder value and approved the issuance of convertible corporate bonds totaling 280 million yuan to support business expansion and innovation. It has also acquired subsidiaries and expanded geographically to enhance its service capabilities, leading to increased management expenses. Despite these efforts, the company reported expected financial losses for 2024 due to investments in new business and regions and challenges in accounts receivable collections. Beijing Telesound’s recent strategic moves reflect a focus on technological innovation and sector diversification within the evolving security market landscape. Beijing Telesound serves a diverse clientele including state administration, cultural heritage sectors, banking networks, and urban transit authorities, leveraging its 30 years of industry expertise in China. It is listed on the Shenzhen Stock Exchange (Ticker: 003004.SZ) and is controlled substantially by Guangxi Tianfu Investment Co., Ltd. The company’s product portfolio and strategic initiatives position it as a key player in China’s intelligent security and safety solutions market, blending technology-driven systems with comprehensive operational services to meet the needs of smart city development and national security demands. This description covers the company’s main products, geographic presence, founding background, market focus, and latest operational and financial developments.