Tongfang Co., Ltd. is a high-tech enterprise funded by Tsinghua University in 1997 and was listed on the Shanghai Stock Exchange at the same year. In order to implement the spirit of the instructions on school-enterprise reform, on December 31, 2019, THTF's controlling shareholder was changed from Tsinghua Holdings to CNNC, and the actual controller was changed from the MOE to the SASAC.

Positioned as the platform for the transformation of scientific and technological achievements, THTF builds four main industrial clusters which are digital information, civil nuclear technology, energy conservation and environmental protection, technology and finance , creating a brand image of "creator of intelligent life". Its technology, products and services have spread to more than 100 countries and regions.