China Digital TV Holding Co., Ltd., through its subsidiaries, provides conditional access (CA) systems to the digital television market in the People’s Republic of China. Its CA systems consist of smart cards, head-end software for television network operators, and terminal-end software for set-top box manufacturers, which enable digital television network operators to control the distribution of content and value-added services to their subscribers and block unauthorized access to their networks. The company also licenses its set-top box design to set-top box manufacturers; and sells digital television application software, such as electronic program guides and subscriber management systems to digital television network operators. In addition, it provides system integration services for television network operators, who are digitalizing and installing the company’s CA systems. China Digital TV Holding Co., Ltd. sells its CA systems and digital television application software directly through its sales personnel to television network operators, including cable, satellite, and terrestrial television network operators; enterprises that maintain private cable television networks within their facilities; and media operators. The company was founded in 2004 and is headquartered in Beijing, the People’s Republic of China.