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00772 CHINA LIT

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  • 28.800
  • -0.800-2.70%
Market Closed Dec 10 16:08 CST
29.25BMarket Cap28.63P/E (TTM)

About CHINA LIT Company

Reading Text Group is committed to building a broad and high-quality Chinese-language IP universe. The core IP cultivated and developed by the company and derivatives cover diverse forms of digital entertainment such as literature, animation, film, television, and games, and strives to integrate with offline real life to meet the comprehensive spiritual needs of users. Reading Text Group includes well-known brands in the industry such as QQ Reading, Starting Point Chinese.com, and Xinli Media to cultivate and develop IP, and has established extensive content distribution and IP cooperation with shareholder and strategic partner Tencent and third party partners. Reading Literature Group has successfully exported masterpieces of IP adaptations in the fields of animation, film, television, and games, including “Celebrate the Years After”, “Devil's Lantern”, “Contra Continent”, “Full Time Master”, and “Son-in-law.” Reading Text Group's huge and rich content library and ability to develop the entire IP industry chain are its important advantages. On November 8, 2017, Reading Text Group was listed on the main board of the Hong Kong Stock Exchange, stock code: 0772.

Company Profile

Symbol00772
Company NameCHINA LIT
ISINKYG2121R1039
Listing DateNov 8, 2017
Issue Price55.00
Shares Offered151.37M share(s)
FoundedApr 22, 2013
Registered AddressCayman Islands
Chairmanhaitao pu
Secretaryweiqiang qu
Audit InstitutionPricewaterhouseCoopers
Company CategoryOverseas registration of Mainland Individuals control
Registered OfficePO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands
Head Office and Principal Place of BusinessRoom 1503-04, Industrial and Commercial Bank of China Tower, 3 Garden Road, Central, Hong Kong
Fiscal Year Ends12-31
Employees1760
MarketHong Kong motherboard
EmailIR@yuewen.com
Business Reading Text Group is a company mainly engaged in the operation of online literature platforms and related services. The company operates through two divisions. The online business division is mainly engaged in online paid reading, online advertising, and game distribution. Copyright operations and other departments mainly include film and television copyright licensing and distribution, copyright licensing, adaptation rights and screenplay sales, sales of printed books, operation of own online games, and distribution of online audio books and online comic content provided through Tencent and third party platforms. The company mainly operates within China and in the market.

Company Executives

  • Name
  • Position
  • Salary
  • xiaonan hou
  • Chief executive officer, President, Chairman of the Strategic Committee, Executive Director, Authorized Representative
  • 14.95M
  • yan huang
  • VP, Executive Director
  • 10.91M
  • huayi cao
  • Non-executive Directors
  • 56.67M
  • haitao pu
  • Chairman of the Board, Non-executive Directors, Chairman of the Nomination Committee, Remuneration Committee Members, Member of the Strategy and Investment Committee
  • --
  • qinghua xie
  • Non-executive Directors, Audit Committee Members
  • --
  • chuyuan yu
  • Independent Non-Executive Director, Chairman of the Audit Committee, Remuneration Committee Members, Nomination Committee Members
  • 1.08M
  • xiuting liang
  • Independent Non-Executive Director, Remuneration Committee Chairman, Audit Committee Members
  • 1.22M
  • junmin liu
  • Independent Non-Executive Director, Nomination Committee Members
  • 1.08M
  • weiqiang qu
  • Authorized Representative, Company Secretary
  • --
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