Tibet Pan-African Investment Co., Ltd. (西藏泛非投資有限公司) is a Chinese investment holding company incorporated on January 28, 2015, in the Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, with a registered and fully paid capital of 30 million RMB. Its sole shareholder, legal representative, and beneficial owner is Chinese businessman Pang Xinxing (龐新星), founder and chairman of StarTimes Group (四達時代集團). Its corporate email domain — liyc@startimes.com.cn — directly links it to StarTimes’ Beijing headquarters. In the StarTimes corporate structure it holds 20 percent of StarTimes Communication Network Technology Co., Ltd. (四達時代通訊網絡技術有限公司), which signed a 273 million US dollar EPC contract with Zambia’s Ministry of Information and Broadcasting Services in September 2015, having been inserted as a shareholder on July 10, 2015 — two months before the contract was signed — replacing a prior Beijing-registered entity. Though the exact relation of the Tibet entity to the Gambian deal is unclear, Tibet registration is a common PRC tax optimization structure.
Room 705-005, Xixin Building, No. 7 Linqionggang East 1st Road, Lhasa Economic and Technological Development Zone, Lhasa, Tibet Autonomous Region, China
