About NETDRAGON Company

NetDragon Network Holdings Limited (HKEx stock code: 777) is a leading global internet community creator. The company was founded in 1999 and is headquartered in Fuzhou, Fujian, China. NetDragon ranks at the top of the domestic industry in all economic indicators, ranking among Forbes' top 2,000 global enterprises. It is a key software enterprise, a national cultural industry demonstration base, and a national cultural export key enterprise. It has been selected as the top 30 cultural enterprises in the country for three consecutive years, and has been ranked third in the “Forbes China Potential Enterprises” list of the top 100 high-growth listed enterprises in the Chinese edition of “China's Top 100 Internet Companies” for eight consecutive years. In addition, NetDragon is also included in the Hang Seng Composite Large and Medium Cap Index, Shenzhen-Hong Kong Stock Connect, and Shanghai-Hong Kong Stock Connect. NetDragon currently has more than 6,000 employees and has been awarded “Excellent Employer” by “Fortune” magazine twice. NetDragon's core business has always been at the cutting edge of the industry, creating the Chinese online game portal - 17173.com; as a pioneer in online games, it independently developed the famous flagship games “Magic Domain” and “Conquest”, which are widely popular with players; and created the smartphone service platform -91 Wireless, which is very influential and popular among users. In 2013, NetDragon sold 91 wireless to Baidu for 1.9 billion US dollars. NetDragon is a leading online game developer, operator, and publisher in China, and one of the first national online game companies to go abroad and operate successfully. It has independently developed various online and mobile game products, including “Conquest,” “Magic Domain,” “Heroic Blade,” and “The Final Pledge.” Today, the products cover the game market in more than 180 countries in 11 languages, including English, French, Spanish, and Arabic. NetDragon has always promoted independent innovation to enhance its core competitiveness, and has independently developed game development engines such as C3 and S3. It has become a model for the few domestic enterprises that have mastered a full range of development engines from 2D and 2.5D to 3D, and has become a model for online game public services. Over the years, NetDragon has continuously received heavyweight awards and honors such as the “China Game Overseas Expansion Award”, “China's Top Ten Game Developers”, “China's Top Ten Game Operators”, “China's Top Ten Marketing Enterprises”, and the “Golden Ling Award” from the State Administration of Press, Publication, Radio, Film, and Television, and has been rated as a “Key Enterprise for Chinese Cultural Export” by the Ministry of Commerce and other national ministries and departments. In 2019, NetDragon was awarded the “2018-2019 Top Ten Game Corporate Social Responsibility Companies”. NetDragon has become a major participant in the online and mobile Internet education industry, and is an important driving force for education development and innovation. NetDragon has built an education segment service platform system from hardware, software, platforms, and resources. Its business covers preschool education, basic education, higher education, vocational education, corporate training, non-academic and lifelong education, etc., and is committed to creating a global lifelong learning community. NetDragon deeply integrates cutting-edge technologies such as VR, AR, AI, 3D, and big data with education. With technology and resources accumulated in the field of Internet games and mobile internet, NetDragon has developed “101 Education PPT”, an integrated teaching software for professional service teachers; “VR Idea+”, an educational DIY VR editing software containing a large amount of 3D materials; “101 Smart Classroom”, an overall solution for intelligent teaching and learning before, during, and after class, integrates immersive virtual reality technology (VR) with teaching to achieve a high degree of openness, interactivity, and immersion A series of educational informatization application tools and solutions, such as the “101 VR Immersive Classroom”; an intelligent space solution that allows classrooms to be easily transported and quickly deployed to improve the allocation of educational resources in underdeveloped regions; and the “Central Electrochemical Education Center Virtual Experimental Teaching Service System”, which highly recreates realistic experimental phenomena and processes. In 2018, NetDragon pioneered the launch of the “AI+ Education” product “101 Education PPT - AI Teaching Assistant” to realize the intelligent teaching scenario of “one teacher, one thousand teaching assistants”. In 2019, NetDragon became the pioneer of “5G+ education”, setting a precedent for combining 5G applications with holographic projection in the field of education. In 2020, NetDragon helped “stop school without stopping school”, participate in the “fight against the epidemic” in education, and provide distance learning support for teachers and students around the world. In addition, NetDragon has also cooperated deeply with well-known educational institutions, publishing houses, and top universities at home and abroad to integrate massive global high-quality education resources. NetDragon has always been at the cutting edge of technological development. In 2016, NetDragon helped the government build a “China-Fujian VR Industrial Base” to seize VR development opportunities and set an industry benchmark. The base plan covers various production areas related to the VR industry, such as software research and development, hardware production, content resource sharing, talent training, and application experience. In the same year, NetDragon acquired Cherrypicks Alpha and strategically invested in ARHT Media. Their addition provided a solid backing for NetDragon to seize the billion-level VR/AR market. Currently, NetDragon's VR/AR has blossomed in various fields such as education, games, home, and travel. In recent years, NetDragon has continuously accelerated the global layout of education strategies. In 2015, NetDragon successfully acquired Suzhou Chisheng Information Technology Co., Ltd., a first-class intelligent voice technology service provider in China, to enrich educational products by integrating its first-class voice technology and provide unique value in the fields of voice evaluation, speech recognition, and language teaching. In the same year, NetDragon announced that it had completed the acquisition of Prometheus, the world's leading provider of education solutions. Its excellent educational hardware products and software technology were integrated and innovated with the company's own 101 series products. In 2017, NetDragon acquired education product supplier JumpStart to further expand the Internet community. In 2018, NetDragon acquired the K12 learning community Edmodo. Edmodo is a global learning community platform with over 100 million registered users. In addition, NetDragon is also strategically investing in the big data intelligent education platform “Love More Points” to further deepen the education industry. Through strategic investment in education in recent years, NetDragon's education map has covered 192 countries and regions, over 0.1 billion users, and more than 2 million classrooms, and has established a K12 education community network and ecosystem covering the world. Focusing on the two major themes of “digital education” and “global innovation”, NetDragon is building an international future education capital - a digital education town in Binhai New Town, Fuzhou. The town will respond positively to the “Belt and Road” initiative, build a global digital education content production base, and export the “China Plan” for digital education to the world. NetDragon has always shouldered the sense of social responsibility of listed companies as cultural guidance, and continues to exert the social benefits of enterprises. As one of the earliest initiators of the national anti-addiction system, NetDragon actively participated in the development and popularization of the online game addiction prevention system, advocated and implemented the concept of green internet access, health and entertainment, and actively participated in the construction of the Ministry of Culture's game self-review system; spread traditional moral culture to the community with a focus on schoolchildren at different levels; actively cooperated with the YBC Fujian Fujian Office to implement the China Youth Entrepreneurship International Program. The total number of training sessions reached nearly 100,000 people, and established the Fujian NetDragon Youth Entrepreneurship Fund to provide entrepreneurship training and mentoring services for creative talents.