Core Viewpoint - The former chairman and party secretary of China Tower Corporation, Tong Jilu, is under investigation for serious violations of discipline and law, as announced by the Central Commission for Discipline Inspection and the Zhejiang Provincial Commission for Discipline Inspection [2]. Group 1: Company Background - China Tower Corporation is a state-owned enterprise established with the support of the State Council, primarily engaged in the construction, maintenance, and operation of communication towers and related infrastructure, including public network coverage for high-speed rail and subways, as well as large indoor distribution systems [5]. - Tong Jilu, born in April 1958, has held various significant positions in the telecommunications sector, including roles at the Liaoning Provincial Postal Administration and China United Network Communications Group [4][5]. - He served as the general manager of China Tower Corporation from August 2014 and became the chairman in March 2018, stepping down in September 2021 [5]. Group 2: Financial Information - As of September 19, the stock price of China Tower was HKD 11.82 per share, with a total market capitalization of HKD 208 billion [6].

Group 1 - The former chairman and party secretary of China Tower Corporation, Tong Jilu, is under investigation for serious violations of discipline and law [1][3] - Tong Jilu has a long career in the telecommunications sector, having held various significant positions, including general manager of China Tower Corporation from August 2014 to September 2021 [3] - As of September 19, the stock price of China Tower was HKD 11.82 per share, with a total market capitalization of HKD 208 billion [3] Group 2 - China Tower Corporation is a state-owned enterprise established to provide communication infrastructure services, including the construction, maintenance, and operation of communication towers and related facilities [3]

Core Viewpoint - The article discusses the investigation of Tong Jilu, the former chairman of China Tower Corporation, for serious violations of discipline and law, highlighting the implications for the company and the industry as a whole [1][3]. Group 1: Company Background - China Tower Corporation was established on July 18, 2014, as a state-owned enterprise to promote the sharing of telecommunications infrastructure [4]. - The company is primarily engaged in the construction, maintenance, and operation of communication towers and related facilities, positioning itself as a key player in China's 5G infrastructure development [3][4]. - As of June 30, 2025, China Tower has over 2.1 million sites and total assets exceeding 330 billion yuan, making it the largest telecommunications infrastructure service provider globally [4]. Group 2: Leadership and Governance - Tong Jilu, born in April 1958, has held various significant positions in the telecommunications sector, including roles at China United Network Communications Group and China Tower [3]. - He served as the general manager of China Tower from August 2014 and became the chairman in March 2018, stepping down in September 2021 [3][4]. - The investigation into Tong's conduct raises concerns about governance and compliance within the company, which could impact investor confidence and operational stability [1][3].