On 21 November 2014, Beijing-based C Media announced its successful acquisition of Jiangsu Jinghai Boyuan Technology Co., Ltd. ("Jinghai Boyuan"), renamed as Jiangsu C Media Ruiyou Technology Co., Ltd. ("C Media Ruiyou"). The Guantao team included Partner Xun Tingting.
Founded in 2004, C Media is a mobile internet company offering a variety of mobile video, music and SNS services and is dedicated to building open mobile internet video platform. C Media Ruiyou, previously known as Jinghai Boyuan, is a leader in the development of on-train Wi-Fi technology, and is currently operating or testing its self-developed “Integrated Wireless Solutions for Passenger Trains” on a large number of select passenger trains, providing passengers with, among others, infotainment services. It has also achieved a number of “firsts” in relation to the development of Wi-Fi applications for passenger trains. This acquisition has created a new force in the development of on-train Wi-Fi systems in China.