Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $3.80 USD
Change Today -1.10 / -22.45%
Volume 849.1K
CNIT On Other Exchanges
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

china information technology (CNIT) Key Developments

China Information Technology Inks Deal with Wudang District on New Media Project, Smart Guiyang

China Information Technology (CNIT) has entered into a strategic agreement with the Wudang District government in Guiyang City to collaborate on the CNIT Internet + Smart Guiyang project. CNIT will apply new media in elevators, bus stops, healthcare, public transportation and residential communities. CNIT plans to use its proprietary Cloud-App-Terminal model and Cloud-Nest data analytics to build an Elevator Internet of Things platform and an Internet Smart Bus Stops platform. The company will build a local cloud-computing center to provide technical and service support for its new media offerings. The local government of Wudang district will assisting CNIT by providing funding support and preferential policies in company setup, local hiring, and furnishing of office space.

China Information Technology Enters into Strategic Agreement with to Collaborate on the 'Internet + Smart City' Project

China Information Technology, Inc. announced that it has entered into a five-year strategic agreement with Co., Ltd. to collaborate on the 'Internet + Smart City' project involving industries such as healthcare, education, and transportation. CNIT and Shenzhen News will initially collaborate on the "Healthy City" project. According to the agreement, Shenzhen News will leverage on the competitive strength of its parent company in media content and resources to operate the new media platform associated with "Healthy Shenzhen" and other cities. Specifically, Shenzhen News will support the "Healthy City" new media platforms with contents including healthcare related news, information, activities, education, as well as allocating paid advertisement based on the Company's cloud-based new media and Taoping Net. In addition, Shenzhen Press will market the new media campaign within its online and offline media network to attract customers and business partners. CNIT will be responsible for the setup of healthcare platforms in Shenzhen and other cities. Leveraging on cloud-based new media, Taoping Net, and Healthcare One Pass, the Company will build an online healthcare information platform, provide smartphone-based healthcare services, and activate healthcare simulcast on connected digital displays. The Company will install cloud-based new media terminals at hospitals and community clinics in Shenzhen and other high-traffic venues such as airport, hotels, shopping malls, railways stations and residential communities, connecting terminals to create regional advantage and promote Smart City.

China Information Technology, Inc. Enters into Strategic Agreement with Sichuan Lianguang Technology Co., Limited

China Information Technology, Inc. announced that it has entered into a strategic agreement with Sichuan Lianguang Technology Co. Ltd. to provide cloud-based new media solutions to beauty salons nationwide. According to the agreement, CNIT will provide integrated solutions including cloud platform, software and new media terminals to Lianguang Technology, while Lianguang Technology in turn will market and sell such solutions to its nationwide network of advertising agencies. The company believes that the CNIT new media solutions will transform the beauty salon experience by providing customers with one-stop-shop services, from booking appointments from their smartphones and selecting specific beauty products and services at salons, to sharing reviews and recommendations with friends after service. Customers can also receive beauty tips through linked smartphone applications and watch entertainment programs on CNIT's new media terminals while at salons. Meanwhile, it is expected that the CNIT new media solutions will transform salon management processes by connecting offline operations with online platforms. The CNIT solution allows salons to keep track of their beauty product sales and consumption and place orders with their suppliers over the Internet. It also enables beauty salons to stay in continued close contact with their customers and proactively make beauty product and service recommendations through smartphone applications. Lianguang Technology plans to install approximately 500,000 units of CNIT's new media terminals at beauty salons across China in the next five years, connecting over 250 million users. Located in Mianyang City and backed by local investment firms, Lianguang Technology has 10 years of operating history servicing outdoor and Internet media companies. It plans to establish a high-tech beauty store to showcase CNIT's technological capabilities and will also market CNIT's new media solutions in collaboration with regional advertising agencies in over 300 cities in China.

China Information Technology, Inc. Signs Agreement with Youxian Economic Development Zone to Establish Regional Cloud Computing Center in Mianyang City

China Information Technology, Inc. announced that the company has entered into a strategic agreement with the Youxian Economic Development Zone to establish the company's regional cloud-computing center in Mianyang City of Sichuan Province. According to the agreement, the company will leverage its proprietary 'Cloud-App-Terminal' (CAT) model and 'Cloud Nest' data analytics to provide cloud-computing services for customers in Mianyang and other cities of Sichuan Province. It is expected that CNIT's cloud-computing solutions will help local companies better manage data, understand customer needs and improve user experience.

China Information Technology, Inc. Signs Strategic Agreement with Luoyang Hi-Tech Zone to Establish Regional Cloud Computing Center in Luoyang City

China Information Technology, Inc. entered into a strategic agreement with the Luoyang National Hi-Tech Industrial Development Zone to establish the company's regional cloud-computing center in Luoyang City of Henan Province. CNIT will build a new regional cloud-computing center in the Luoyang Hi-Tech Zone to provide cloud-based services for customers in Luoyang City and Henan Province. In addition to preferential tax treatments from the Luoyang Hi-Tech Zone, the new facility will also enjoy free office space, supportive human resource policies and assistance in local hiring. The company will apply Internet technologies in data analytics, cloud computing, Internet-of-Things, and mobile Internet to improve work and lifestyles in Luoyang. In addition, it is expected that the CNIT cloud computing solutions will also help local companies obtain and manage operational data, help companies better understand customer needs and improve user experiences, and meet the needs of small- and medium-sized companies for new media-based marketing and promotions.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CNIT:US $3.80 USD -1.10

CNIT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DHC Software Co Ltd CNY42.35 CNY +0.77
Neusoft Corp CNY33.78 CNY -0.11
Beijing SuperMap Software Co Ltd CNY50.07 CNY -2.26
View Industry Companies

Industry Analysis


Industry Average

Valuation CNIT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.9x
Price/Book 6.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA INFORMATION TECHNOLOGY, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at