CMGE(00302),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community - To The Moon

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00302 CMGE

Not Yet Opened 03-25 15:56:39

0.247

+0.003

+1.23%

High0.248	Low0.240	Vol2.19M
Open0.245	D1 Closing0.244	Amplitude3.28%
Mkt Cap739.77M	Tradable Cap739.77M	Total Shares3.00B
T/O535.45K	T/O Rate0.07%	Tradable Shares3.00B
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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Disclaimer: HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the information provided, but do not guarantee its absolute accuracy and reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

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CMGE Technology Group Ltd 0302.HK:CMGE TECHNOLOGY GROUP - EXPECTED TO RECORD 2025 NET LOSS OF NOT MORE THAN 1.5 BILLION YUAN Source textFurther company coverage: 0302.HK  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260315:nL4N40301X:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00302","BK1608","BK1579","BK1531","BK1591","BK1104"],"gpt_icon":0},{"id":"1137770013","title":"CMGE Issues Profit Warning, Anticipates Narrowed Net Loss for 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=1137770013","media":"Stock News","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1137770013?lang=en_us&edition=fundamental","pubTime":"2026-03-15 19:54","pubTimestamp":1773575659,"startTime":"0","endTime":"0","summary":"CMGE (00302) has announced that the group expects to record a net loss not exceeding RMB 1.5 billion for the fiscal year ending December 31, 2025. This compares to a net loss of approximately RMB 2.1...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1104","BK1579","BK1591","BK1608","00302","BK1531"],"gpt_icon":0},{"id":"2619410646","title":"CMGE expects FY2025 net loss of no more than RMB1.5 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2619410646","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619410646?lang=en_us&edition=fundamental","pubTime":"2026-03-15 19:46","pubTimestamp":1773575182,"startTime":"0","endTime":"0","summary":"CMGE expects a net loss of no more than RMB1.5 billion for the year ended 31 December 2025, compared with about RMB2.1 billion in 2024. The company said the outlook reflects lower non-operating other expenses of about RMB1.1 billion in 2025 versus about RMB1.7 billion in 2024. It attributed the change mainly to a significantly lower goodwill impairment at subsidiary Wenmai Hudong and reduced fair value losses on financial assets measured at fair value through profit or loss.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMGE Technology Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange  , on March 15, 2026, and is solely responsibl","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260315:nNDL2LltSH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1531","BK1104","00302","BK1579","BK1591","BK1608"],"gpt_icon":0},{"id":"1127772596","title":"CMGE (00302) Schedules Board Meeting on 27 March 2026 to Review 2025 Annual Results","url":"https://stock-news.laohu8.com/highlight/detail?id=1127772596","media":"Bulletin Express","labels":["SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1127772596?lang=en_us&edition=fundamental","pubTime":"2026-03-06 16:51","pubTimestamp":1772787063,"startTime":"0","endTime":"0","summary":"CMGE (00302) will convene a board meeting on 27 March 2026. The main purpose is to consider and approve the annual results of CMGE Technology Group Limited and its subsidiaries for the year ended 31...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00302"],"gpt_icon":0},{"id":"1146431978","title":"CMGE (00302) Announces February 2026 Monthly Return on Equity Movements","url":"https://stock-news.laohu8.com/highlight/detail?id=1146431978","media":"Bulletin Express","labels":["SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1146431978?lang=en_us&edition=fundamental","pubTime":"2026-03-02 16:52","pubTimestamp":1772441557,"startTime":"0","endTime":"0","summary":"CMGE Technology Group Limited (stock code: 00302) released its monthly return on movements in securities for February 2026. The company’s authorized share capital remained unchanged at 5.00 billion...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00302"],"gpt_icon":0},{"id":"2600209035","title":"Investors in CMGE Technology Group (HKG:302) from five years ago are still down 85%, even after 12% gain this past week","url":"https://stock-news.laohu8.com/highlight/detail?id=2600209035","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2600209035?lang=en_us&edition=fundamental","pubTime":"2026-01-03 07:58","pubTimestamp":1767398292,"startTime":"0","endTime":"0","summary":"Some stocks are best avoided. We really hate to see fellow investors lose their hard-earned money. Spare a thought for...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/8043000-choice1-main-header/1585186853880","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/8043000-choice1-main-header/1585186853880"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/hk/media/hkg-302/cmge-technology-group-shares/news/investors-in-cmge-technology-group-hkg302-from-five-years-ag","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/media/hkg-302/cmge-technology-group-shares/news/investors-in-cmge-technology-group-hkg302-from-five-years-ag","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4211","ISBC","BK1104","CMGE","BK1591","BK1579","00302","BK1531","BK1608"],"gpt_icon":0},{"id":"1122375852","title":"From Regional Deep Cultivation to Global Adaptation: The Progressive Path of CMGE's Overseas Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1122375852","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1122375852?lang=en_us&edition=fundamental","pubTime":"2025-12-29 15:51","pubTimestamp":1766994707,"startTime":"0","endTime":"0","summary":"Amid the stock competition in China's domestic mobile game market, expanding overseas has become an inevitable choice for Chinese game enterprises. According to CMGE's 2025 first-half financial...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1531","00302","BK1608","BK1579","BK1591","BK1104"],"gpt_icon":0},{"id":"1134728285","title":"10th Zhitong Capital Market Annual Conference Honors Excellence with 25 Awards Unveiled","url":"https://stock-news.laohu8.com/highlight/detail?id=1134728285","media":"Stock News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1134728285?lang=en_us&edition=fundamental","pubTime":"2025-12-03 19:38","pubTimestamp":1764761917,"startTime":"0","endTime":"0","summary":"On December 3, 2025, the \"10th Zhitong Capital Market Annual Conference 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Announces \"The Legend of Sword and Fairy\" 30th Anniversary Concert in Ma'anshan","url":"https://stock-news.laohu8.com/highlight/detail?id=1127299385","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1127299385?lang=en_us&edition=fundamental","pubTime":"2025-12-03 19:20","pubTimestamp":1764760834,"startTime":"0","endTime":"0","summary":"On December 20, the 30th-anniversary concert of \"The Legend of Sword and Fairy,\" titled \"Night of the Immortal Sword,\" will be held at the Ma'anshan Sports Convention and Exhibition Center Gymnasium,...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1608","BK1104","BK1591","BK1579","00302","BK1531"],"gpt_icon":0},{"id":"1137350566","title":"CMGE Technology (00302) Announces November 2025 Monthly Return on Movements in Securities","url":"https://stock-news.laohu8.com/highlight/detail?id=1137350566","media":"Bulletin Express","labels":["SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1137350566?lang=en_us&edition=fundamental","pubTime":"2025-12-01 16:21","pubTimestamp":1764577290,"startTime":"0","endTime":"0","summary":"CMGE Technology Group Limited (stock code: 00302) confirmed that its authorised share capital remained at a total of 5,000,000,000 ordinary shares with a par value of USD0.0001 each, amounting to...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00302"],"gpt_icon":0},{"id":"1174487280","title":"CMGE Surges 5.56% on Dual Growth Drivers of \"IP Ecosystem + Mini-Game Global Expansion\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1174487280","media":"Deep News","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1174487280?lang=en_us&edition=fundamental","pubTime":"2025-11-27 15:02","pubTimestamp":1764226922,"startTime":"0","endTime":"0","summary":"On the afternoon of November 27, Hong Kong's gaming sector saw a standout performance as CMGE (00302.HK) surged 5.56% in a rapid uptick. Market analysts attribute this movement to the company's...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1169590202.USD","BK1579","LU1481600234.SGD","LU1481599808.USD","IE00B3T34201.USD","BK1591","LU2463526074.USD","LU1487256676.USD","BK1104","BK1531","BK1608","BK4588","LU1169589451.USD","IP","BK4585","BK4136","00302"],"gpt_icon":0},{"id":"1117424956","title":"Riding the Hong Kong Stock Rally: Bull Market Dawns in the East 2026 – 10th Zhitong Finance Capital Markets Annual Conference Invites You to a Capital Feast","url":"https://stock-news.laohu8.com/highlight/detail?id=1117424956","media":"Stock News","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1117424956?lang=en_us&edition=fundamental","pubTime":"2025-11-18 08:56","pubTimestamp":1763427395,"startTime":"0","endTime":"0","summary":"As the fourth technological revolution sweeps across the globe, with AI and large model technologies reaching critical breakthroughs, capital engines are driving the revaluation of Chinese assets 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(00302) Shareholder Transfers Shares from Morgan Stanley Hong Kong Securities to Deutsche Bank AG, Transfer Value at HK$111 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1165402235","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1165402235?lang=en_us&edition=fundamental","pubTime":"2025-11-07 08:36","pubTimestamp":1762475804,"startTime":"0","endTime":"0","summary":"Latest data from the Hong Kong Stock Exchange shows that on November 6, a shareholder of CMGE (00302) transferred shares from Morgan Stanley Hong Kong Securities to Deutsche Bank AG, with a transfer...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1989772923.USD","LU0158827781.USD","LU2111349929.HKD","LU0006306889.USD","LU0795875086.SGD","MS","LU1720051017.SGD","LU1244550494.USD","LU1989772840.SGD","IE00BZ1G4Q59.USD","BK4534","LU0267386448.USD","LU2357305700.SGD","BK4581","BK4588","BK1608","BK1591","LU1732799900.SGD","BK4118","BK4552","BK4566","LU0320765646.SGD","BK4504","00302","LU2023251221.USD","BK4516","LU0882574139.USD","161027","LU0106831901.USD","LU1074936037.SGD","LU2089284900.SGD","LU2133065610.SGD","LU0971096721.USD","IE00BKVL7J92.USD","LU0557290698.USD","LU0314104364.USD","LU0234570918.USD","LU0795875169.SGD","LU0158827948.USD","LU1244550577.SGD","LU1363072403.SGD","LU2347655156.SGD","LU0098860793.USD","LU1162221912.USD","LU1732800096.USD","LU2028103732.USD","LU0912757837.SGD","LU1244550221.USD","BK1104","LU2089283258.USD","DB","LU1668664300.SGD","BK1579","LU1720051108.HKD","BK4585","LU2271345857.HKD","LU0106261372.USD","BK4127","LU1548497426.USD","LU0225283273.USD","BK1531"],"gpt_icon":0},{"id":"2581775205","title":"CMGE Technology Group Books RMB47.2 Million Impairment Over Developer Dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=2581775205","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581775205?lang=en_us&edition=fundamental","pubTime":"2025-11-05 22:25","pubTimestamp":1762352728,"startTime":"0","endTime":"0","summary":"CMGE Technology Group Ltd. has announced an accounting issue related to a prepayment made to a game developer in Chengdu. In 2021, the company paid approximately RMB47.2 million to the developer for game product development. However, the developer failed to deliver the agreed products and fulfill contractual obligations. As a result, CMGE initiated litigation against the developer in May 2024 to recover the funds. Due to the developer's refusal to repay and involvement in other enforcement actions, the company recognized an impairment of approximately RMB47.2 million during the reporting period. As of 31 December 2024, no court judgment had been issued.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMGE Technology Group Ltd. published","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nNDLbB6XB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1531","BK1591","BK1608","BK1579","00302","BK1104"],"gpt_icon":0},{"id":"1157063856","title":"CMGE Technology Group (0302) Announces Multiple Impairments and Share Option Details","url":"https://stock-news.laohu8.com/highlight/detail?id=1157063856","media":"Bulletin Express","labels":["SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1157063856?lang=en_us&edition=fundamental","pubTime":"2025-11-05 22:21","pubTimestamp":1762352488,"startTime":"0","endTime":"0","summary":"CMGE Technology Group Limited (Stock Code: 0302) released additional information regarding its annual report for the year ended 31 December 2024. According to the announcement, the company recognized...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00302"],"gpt_icon":0},{"id":"1149078563","title":"CMGE Technology (00302) Releases Monthly Return for October 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=1149078563","media":"Bulletin Express","labels":["dataReport","SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1149078563?lang=en_us&edition=fundamental","pubTime":"2025-11-03 18:47","pubTimestamp":1762166831,"startTime":"0","endTime":"0","summary":"CMGE Technology Group Limited (stock code: 00302) submitted its Monthly Return for Equity Issuer for the month ended 31 October 2025. According to the announcement, the authorized share capital stood...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00302"],"gpt_icon":0},{"id":"1114547044","title":"CMGE (00302): Liu Shanshan Appointed as Non-Executive Director","url":"https://stock-news.laohu8.com/highlight/detail?id=1114547044","media":"Stock News","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1114547044?lang=en_us&edition=fundamental","pubTime":"2025-10-10 22:20","pubTimestamp":1760106037,"startTime":"0","endTime":"0","summary":"CMGE (00302) announced that Mr. Liu Shanshan has been appointed as a non-executive director of the company, effective from October 10, 2025.","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1591","BK1104","BK1579","BK1608","00302","BK1531"],"gpt_icon":0},{"id":"2574317239","title":"CMGE Technology Group Ltd appoints Liu Shanshan as nonexecutive director","url":"https://stock-news.laohu8.com/highlight/detail?id=2574317239","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2574317239?lang=en_us&edition=fundamental","pubTime":"2025-10-10 22:13","pubTimestamp":1760105600,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMGE Technology Group Ltd. published the original content used to generate this news brief on October 10, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251010:nNDLbHF34n:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1579","BK1591","00302","BK1104","BK1531","BK1608"],"gpt_icon":0}],"profile":{"stockEarnings":[{"period":"1week","weight":-0.0852},{"period":"1month","weight":-0.3139},{"period":"3month","weight":-0.3233},{"period":"6month","weight":-0.4511},{"period":"1year","weight":-0.4386},{"period":"ytd","weight":-0.3584}],"compareEarnings":[{"period":"1week","weight":-0.0265},{"period":"1month","weight":-0.0645},{"period":"3month","weight":-0.0187},{"period":"6month","weight":-0.0303},{"period":"1year","weight":0.0853},{"period":"ytd","weight":-0.0115}],"compareStock":{"symbol":"HSI","name":"HSI"},"description":"CMGE Technology Group Ltd is an investment holding company primarily engaged in mobile game publishing, game development and licensing of intellectual property. The Company operates its business through three segments. The Game Publishing segment is engaged in the publishing of online mobile games. The Game Development segment is engaged in game development related services. The Licensing of Intellectual Property segment is engaged in the Legend of Sword and Fairy intellectual property (IP) and licensing business the games relating Legend of Sword and Fairy World, covering games, films and television, comics and animation and other fields. 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