Shanghai U9 Game Limited

In 2014, the company acquired 100% stock rights of the U9 Time Technology Limited Company (Bei Jing Division) by issuing stocks, paying cash, purchasing assets as well as raise the supporting funds i.e. Connected transaction. On 16th October,100% stock rights of U9 Time had finished the procedures concerning account transfer and the relevant trading administration required by the government. Till then, U9 time had become the fully funded sub company of the U9 game. In November, 2014, the company had managed to complete the transformation of the major organizational structure which form a bi-primary mode which consisted of two components: coal mining and the research and development as well as the sales, research and development and releasing of online games.

The company is trying to actualize the developmental target which is to “ utilize the resource allocation, improve the product quality, enhance the capability in making profits”, generalizing all sorts of operative management tasks. The company will follow the market demand, increase the future developmental potential actively, and looking for the new profit enhance point to ensure the successful organizational development and transformation, innovative development as well as the sustainable development.