NetDragon Network Co., Ltd., Fujian NetDragon Computer Network Information Technology Co., Ltd., a well-known developer and operator of online games and mobile Internet applications in China, has independently developed the famous flagship game Magic Domain/Conquest and is widely welcomed by players
NetDragon Network Holdings Limited (HKEX stock code: 00777.HK) HK) is a leader in China's online game and mobile Internet application industries, as well as a leading force in China's online education and enterprise informatization industries. The company's economic indicators are in the forefront of the same industry in China, and it ranks among the top 2000 Forbes Global Enterprises. NetDragon is a key software enterprise in the national planning and layout, a national cultural industry demonstration base, and a national cultural export key enterprise, and has been awarded the top 30 national cultural enterprises in the 6th and 7th consecutive years. In 2015, NetDragon was ranked third in Forbes' Chinese edition of the "2015 China Top 100 Potential Enterprises" list of high-growth listed companies, and for three consecutive years, it was ranked among the "Top 100 Chinese Internet Enterprises" released by the Ministry of Industry and Information Technology. NetDragon has more than 6,000 employees and has twice been named one of Fortune magazine's "Best Employers" list, making it one of the best companies to work for in China.
NetDragon's core business has grown steadily and has always been at the forefront of the industry, creating China's No. 1 online game portal - 17173.com; As a pioneer of online games, it independently developed the famous flagship games "Demon Domain" and "Conquest", which are widely welcomed by players; Created the most influential and popular smartphone service platform — 91 Wireless. In 2013, NetDragon sold 91 Wireless to Baidu, the largest M&A in China's internet history at the time. In 2014, NetDragon's annual revenue was 963 million yuan, a year-on-year increase of 8.9%, ranking first in Fujian Province.
NetDragon has always promoted independent innovation to enhance its core competitiveness, and its product originality and technology research and development capabilities are at the forefront of the industry. It has successively launched dozens of self-developed online and mobile game products such as "Demon Domain", "Heroic Soul Blade", "Dark War Spirit", "Tiger and Leopard Ride"; The iPad version of "Conquest", developed by cross-platform interoperable game transplantation technology, ranks first in market share and second in overseas export scale among similar products in China. The company has independently developed C3, S3 and other game development engines, and is one of the few enterprises in China that has mastered a full range of game development engines from 2D, 2.5D to 3D. The "Haixi (NetDragon) Animation Creative Capital", a cultural and creative industrial park with the highest specifications in the Haixi region, planned and designed by NetDragon, has been partially completed and put into use, and will form a large-scale domestic cultural and creative industry cluster that brings together animation R&D, exchanges, experiences, animation derivative products, talent education and other animation creative industries. In recent years, the group company has achieved fruitful results in intellectual property rights, with 144 registered trademarks approved by the State Trademark Administration, and 171 trademark applications in the acceptance stage. The group has 202 software copyright certificates, 112 software product registration certificates, and 272 art work registration certificates; A total of 88 patent certificates have been obtained, including 73 invention patents and 15 utility model patents; It has been awarded the titles of Provincial Software Technology R&D Center, Animation and Game R&D and Creation Center, Animation and Game Software Design Center, and Provincial Enterprise Technology Center.
NetDragon has led the "going global" of national network products, and revenue from overseas markets continues to account for an important proportion of the company's total revenue, with a total of more than 65 million registered overseas users. Since 2003, NetDragon has been providing self-developed game products to the world, and now its products cover the game market of more than 180 countries in 10 language regions including the United Kingdom, France, Spain, and Arabic, and has become the largest Chinese online game operator in the United States, Arabia and other countries. The company also participated in the "Oscar" of the global game industry - the E3 exhibition in the United States, and cooperated with many heavyweight international partners such as Ubisoft, Disney, and EA, taking the step of overseas expansion of national online games. NetDragon has won the "China National Game Overseas Expansion Award" and "Top 10 Game Developers" issued by the Press and Publication Administration seven times, and has been recognized as "China's Key Cultural Export Enterprise" by the Ministry of Commerce and other countries.
NetDragon has become a major player in the mobile and Internet education business, and is committed to building a global Internet education enterprise with tens of billions of dollars. With its technology and knowledge in the mobile Internet, NetDragon has launched an open education platform based on the mobile Internet, an e-book bag that helps education equity and innovative education models, and a vivid and interesting moral education animation product. Relying on 91UP and 591UP, two online education brands with a good market foundation, it plans to create a main product system for educational culture, jointly develops China's most cost-effective "e-book bag" (101 classmates) with Foxconn, and invests 33 million US dollars in cooperation with Hon Hai and Jiayu (China) to develop online education business, and provides users with the world's most advanced personalized learning system through cloud technology and big data. In 2014, NetDragon continued to make efforts in the field of mobile Internet and reached a strategic merger with Hong Kong's Chuangqi Si to acquire the mobile business solutions of Chuangqisi, and jointly build a global technology giant. Subsequently, it signed a strategic cooperation intention with Hong Kong Cyberport and Hong Kong Wireless Technology Association to jointly promote the development of mobile Internet and information technology industries in Fujian and Hong Kong. At the beginning of 2015, NetDragon's education subsidiary received equity financing of US$52.5 million, with a valuation of over US$500 million. In June 2015, it successfully acquired Suzhou Chisheng Technology, a first-class intelligent voice technology service provider in China, which will become the core part of NetDragon's 101 English listening and speaking test solution. In November, NetDragon announced the completion of the acquisition of a 100% stake in global education giant Prometheus, bringing the company's reach to 1.3 million classrooms, 2 million teachers, and 30 million students in more than 100 countries. By integrating Pumi's resources, NetDragon will build a world-class lifelong education ecosystem. In 2016, the world's first open platform for the VR industry was established in Fujian, and NetDragon will continue to make efforts in the VR industry, striving to build the China Fujian VR Industry Base into a VR "Silicon Valley" in China and the world, leading the VR trend.
NetDragon has always adhered to the core values of socialism as a cultural guide, and continued to give full play to the social benefits of the enterprise. As one of the earliest initiators of the national anti-addiction system, NetDragon actively participates in the development and popularization of the anti-addiction system for online games, advocates and practices the concepts of green Internet access and healthy entertainment, and actively participates in the construction of the game self-examination system of the Ministry of Culture. Invested 12 million yuan in the original research and development of the animation product "A Fu Xun Gui", reinterpreting "Di Zi Gui" with modern science fiction concepts, and spreading traditional moral culture to the society with a focus on school-age children at different levels; Carry out the mobile phone photo activity of "'filial piety' and win the award in the new year" within the staff, and enthusiastically promote the traditional virtues of filial piety first; Actively cooperate with the YBC Fujian Office to implement the China Youth Entrepreneurship International Program, with a total of 92,257 person-times of training, and in recent years, nearly 2,000 young people in the province have been tutored to start their own businesses and provide more than 10,000 jobs; Established the Fujian NetDragon Youth Entrepreneurship Fund to provide creative talents with entrepreneurship training, interest-free loans, mentoring and other public welfare services; Set up NetDragon Youth Care Fund, donated more than 8 million yuan to Wenchuan, Yushu and other earthquake-stricken and flood-stricken areas, and sent the company's excellent psychological counselors to the disaster areas to provide psychological counseling to the affected children to support post-disaster reconstruction. The company cooperates with the Fujian Youth League Provincial Committee to develop the "Youth Growth Service Platform" and the Fujian Youth Federation Communication Platform, which uses new media to serve the majority of young people, greatly enhances the cohesion of the Youth Federation, and the cooperation projects have received the attention of the Central Committee of the Youth League. NetDragon practices the core values of socialism with practical actions, and contributes wisdom and strength to the prosperity and development of cultural undertakings in Haixi.
