Xiaomi invests in Galaxy Internet TV.

According to the QiChaCha APP, recently, there has been a business change in Galaxy Internet TV Co., Ltd., with Peng Bo Shichuangyun Technology Co., Ltd. withdrawing from the shareholder ranks and the addition of Xiaomi affiliate company Hanxing Entrepreneurship Investment Co., Ltd. as a shareholder. QiChaCha information shows that the company was established in 2012, with business scope including: radio and television program production and operation; first-class value-added telecommunications services; second-class value-added telecommunications services; online cultural operation, etc. Public information shows that Galaxy Internet TV was jointly initiated by China Central Television, Beijing iQiyi Technology Co., Ltd., and others, and the company holds both internet TV integrated services and content services licenses.