The company also cooperates with Spanish telecom giant Telefonica SA on high-tech development.

"The deepening global economic integration is expected to get a further fillip with the development of Internet technologies. It is an ideal environment for the company to expand in the international markets," said Xu.

Tsinghua Holdings, a State-owned company funded by Tsinghua University, has a registered capital of 2 billion yuan. It controls shares of listed companies including Tongfang Co Ltd, Chengzhi Shareholding Co Ltd and Unisplendour Co Ltd.