China Broadband, Inc. is engaged in operating media businesses in the People’s Republic of China (PRC), through a holding company structure. During the year ended December 31, 2007, the Company acquired a cable broadband business (Jinan Broadband) based in the Jinan region of China. During the year ended December 31, 2008, the Company acquired a 50% interest in a joint venture that operates a newspaper and periodical television programming guide business (Shandong Media) in the Shandong region of China. In April 2009, the Company completed the acquisition of an Internet café advertising and content provider business (AdNet). On January 23, 2007, pursuant to a share exchange agreement, the Company acquired China Broadband Limited (China Broadband Cayman). China Broadband, Inc. serves as a holding company for China Broadband Cayman, which in turn, operates the PRC businesses, and does not have operations of its own.