Incorporated in Beijing on 15 July 2014, China Tower Corporation Limited ("China Tower") was listed on the Main Board of the Hong Kong Stock Exchange on 8 August 2018 (Stock Code: 0788.HK), raising approximately HK$58.8 billion. On 10 December 2018, the Company officially became a constituent stock of the Hang Seng Index Series.
As the world's largest telecommunications tower infrastructure service provider, the Company adheres to the sharing philosophy and strives to become a growth and value creation enterprise with the most potential among its international peers. With site resources across 31 provinces, municipalities and autonomous regions in the PRC, the Company has engaged further in resource sharing. To satisfy the increasing wireless network coverage demand from telecommunications service providers (TSPs) and needs from customers in other industries, the Company endeavors to provide superior services in its traditional tower business and indoor Distributed Antenna System (DAS) business for telecommunications industry, as well as in Trans-sector Site Application and Information (TSSAI) business and energy operation business for customers from various industries across wider society. As of the end of December 2020, the Company operated and managed 2.023 million tower sites, and its total assets amounted to RMB337,380 million. The Company served over 3.361 million tenants with an increasing tenancy ratio of 1.66, showing a continuous improvement in site co-location efficiency.