Hunan, Hubei and other hand in hand Anhui Radio and Television have made substantial progress

After each trainee reporter Yanagawa

Eager to transition to big data Hunan and Hubei (002,306, the former closing price of 5.57 yuan), and now there has been substantial progress.

Today, Hunan, Hubei and Hubei Province announced that the Company signed an agreement with Anhui Radio and TV Information Network Co., Ltd. (hereinafter referred to as Anhui Radio and TV Network) The deployment of a home smart cable TV cloud terminal for 5 million subscribers. Preliminary estimates of the total investment of about 1.5 billion ~ 2.5 billion.

The specific issues of cooperation between Hunan, Hubei and Anhui Broadcasting and Television Networks are yet to be further confirmed. The benefits brought by the above cooperation to the Company are yet to be determined. In addition, the implementation of the agreement, intelligent cloud terminal is what, Hunan, Hubei and no situation has not been announced.

Big data transformation path clear

Due to the huge loss of catering industry and expected pessimism, the situation in Hunan, Hubei and Hubei Province embarked on the road to transformation from the second half of last year. After the acquisition of a series of environmental protection assets and film assets, Hunan, Hubei and Hubei will eventually focus on the big data.

On May 4 this year, Hunan, Hubei and Qinghai signed a cooperation agreement with the CAS Institute of Computing Technology. The agreement stipulated that both sides will jointly establish the "Joint Laboratory for Network New Media and Big Data" and will focus on the research on big data. On July 2, the announcement of the Hunan, Hubei and Hubei Provinces states that the company will change its name to Zhongke CloudNet and once again confirm that the future direction of development will be big data and new media services. Subsequently, the Hunan, Hubei and Hubei Province conducted intensive foreign investment, including co-investing in the establishment of Shanghai Cats, Shenzhen Cats and other subsidiaries, and solicited some of its employees for fast broadcasting to reserve resources for their video-related businesses.

Although the Hunan, Hubei and Hubei Provinces have been making frequent moves in the big data business, the market is worried that the big data transformation in Hunan, Hubei and Hubei is too vague given that the cooperation with the Chinese Academy of Sciences is only at the laboratory level and that the overseas investment is also a newly established company. However, from the announcement of Hunan, Hubei and Hubei Provinces on 12 June and today, investors have been able to glimpse the path of the company's big data business - to work with local radio and television operators to seize the living room market and provide massive data for big data services through terminals such as television.

On June 12, Hunan, Hubei and Hubei Province announced that the Company signed an agreement with Shandong Broadcasting and TV New Media Co., Ltd. Both parties will work together to open up the market for smart home cloud service and push forward the construction of triple play network in Shandong Province. However, this announcement did not disclose the cooperation Specific form and content.

Today, Hunan, Hubei and the situation announced that the company on July 24 with the radio and television network in Anhui signed a "cooperation agreement", the two sides intend to jointly explore the potential market for smart home cable television cloud services to promote the home of Anhui Province, smart cable CATV cloud terminal construction process . The cooperation between the Hunan, Hubei and the EU estimated total investment of about 1.5 billion to 2.5 billion yuan, funds from the company's own funds or private placement.

According to the plan, 5 million households in Anhui Province smart home cable television cloud terminal users, will cover more than 5 million television sets, more than 20 million mobile phones, more than 500 million PCs and Pad users. Announcement shows that by the end of 2016, 500 million new terminal replacement replacement work will be completed.

According to Hunan, Hubei and Hubei Provinces, the home intelligent CATV cloud terminal is the layout entrance for the company to create a "home gateway + data center". Based on the data provided by the cloud terminals, value-added services will be promoted. Hunan, Hubei and Hubei will work together with ANGU in Internet traffic distribution (built- Routing), the precise push advertising approved by both parties, online shopping investment, smart home service, Internet video phone.

Project risks pressure Hunan, Hubei and the situation

For the above-mentioned value-added services to carry out the foundation - home smart cable television cloud terminal, will be hand by the Hunan, Hubei and Hubei situation. According to the cooperation agreement, the manufacture of terminals and the construction of front-end platforms, the Company will improve the background construction of smart home cloud terminal projects, investment in new terminals and related auxiliary equipment, investment in content organization and programs, technical services for new terminals and their platforms, after-sales service With the operation of investment, new terminal maintenance warranty outside the repair, replacement inputs, as well as the new terminal and its support platform for technical services, after-sales service and maintenance of the outside of the follow-up maintenance, replacement work and all other costs borne by the Hunan, Hubei and. An-wide network is only responsible for investment in the network, platform and other technical services and after-sales service. This also means that the risk of this cooperation will also be borne by Hunan, Hubei and Hubei Provinces.

In this regard, the announcement of the Hunan, Hubei and Hubei Provinces also prompts risks: the family intelligent CATV cloud terminal project belongs to emerging industries and has broad market prospects. However, the current market pattern has not yet been fully formed. Once the business model and profit model established by the Company are objectively dependent Adverse changes in conditions or the failure of the Company to continue to develop services that meet the needs of users through business and model innovation may adversely affect the operation of the Company.

"Daily Economic News" reporter noted that the distribution of the proceeds of the above cooperation has not yet been determined, and Hunan, Hubei and no situation has not announced the implementation of the above-mentioned subject. The company resumed trading today.