About NETDRAGON Company

NetDragon Websoft Inc. (Hong Kong Stock Exchange stock code: 777) is a global leader in creating online communities. Founded in 1999, the company is headquartered in Fuzhou, Fujian Province, China. NetDragon's key financial indicators consistently rank among the top in its domestic industry, and it has been listed among Forbes' Global 2,000 Companies. It is also a key software enterprise under national planning, a national cultural industry demonstration base, and a national key cultural export enterprise. For three consecutive years, it has ranked among the top 30 cultural enterprises nationwide, and was named third on the "China's Most Promising Enterprises" list of high-growth listed companies published by the Chinese edition of Forbes. Additionally, NetDragon has been included in the Hang Seng Composite Large‑and Mid‑Cap Index, as well as in the Shenzhen–Hong Kong Stock Connect and Shanghai–Hong Kong Stock Connect indices. With over 6,000 employees, NetDragon has twice been honored as a "Top Employer" by Fortune magazine. NetDragon's core business has always remained at the forefront of the industry. It established China's leading online gaming portal, 17173.com; as a pioneer in online gaming, it independently developed renowned flagship titles such as "Magic Domain" and "Conquer," which have won widespread acclaim from players; and it created the highly influential and popular smartphone service platform, 91 Wireless. In 2013, NetDragon sold 91 Wireless to Baidu for US$1.9 billion. NetDragon is a leading Chinese developer, operator, and publisher of online games, and one of the first domestic game companies to successfully expand overseas. It has independently developed numerous acclaimed online and mobile games, including "Conquer," "Magic Domain," "Heroes of Soul," and "Endless Oath," with products now available in 180 countries across 11 language regions, including English, French, Spanish, and Arabic. Committed to advancing independent innovation and strengthening core competitiveness, NetDragon has developed proprietary game engines such as C3 and S3, becoming one of the few domestic companies mastering full‑range development engines—from 2D and 2.5D to 3D—and setting a benchmark for public services in the online gaming sector. Over the years, NetDragon has repeatedly received prestigious awards and honors from the State Administration of Press, Publication, Radio, Film and Television, including the "China Game Overseas Expansion Award," "Top Ten Game Developers," "Top Ten Game Operators," "Top Ten Marketing Enterprises," and the "Golden Plume Award." It has also been recognized by the Ministry of Commerce and other national ministries as a "Key Cultural Export Enterprise." In 2019, NetDragon was awarded "Top Ten Corporate Social Responsibility Enterprises in the Gaming Industry for 2018–2019." NetDragon has become a major player in the online and mobile education sectors, serving as a vital force driving educational advancement and innovation. By building a comprehensive service platform system tailored to specific educational segments—covering hardware, software, platforms, and resources—NetDragon's operations span preschool education, basic education, higher education, vocational training, corporate training, non‑degree programs, and lifelong learning, striving to create a global community for lifelong learning. Integrating cutting-edge technologies such as VR, AR, AI, 3D, and big data with education, and leveraging its accumulated expertise and resources in online gaming and mobile internet, NetDragon has developed professional teaching tools, including the all‑in‑one lesson preparation and delivery software "101 Education PPT"; the educational DIY VR editing tool "VR Creative+," packed with extensive 3D content; and the smart teaching-and-learning solution "101 Smart Classroom," which seamlessly blends immersive virtual reality technology with instruction to deliver highly open, interactive, and immersive learning experiences through the "101 VR Immersive Classroom." NetDragon has also created intelligent spatial solutions that enable classrooms to be easily transported and rapidly deployed, helping improve resource allocation in underdeveloped areas, as well as the "Central Institute of Educational Technology Virtual Experiment Teaching Service System," which faithfully reproduces realistic experimental phenomena and processes. In 2018, NetDragon pioneered the "AI+Education" product "101 Education PPT—AI Teaching Assistant," realizing an intelligent teaching scenario where one teacher can assist thousands of students. In 2019, NetDragon became a trailblazer in "5G+Education," setting a precedent for combining 5G applications with holographic projection in the education field. In 2020, NetDragon supported the initiative "Classes Suspended, Learning Continues," actively participating in the fight against the pandemic by providing remote teaching support to educators and students worldwide. Furthermore, NetDragon collaborates deeply with renowned educational institutions, publishers, and top universities both domestically and internationally, integrating vast amounts of high‑quality global educational resources. NetDragon consistently stays at the forefront of technological advancement. In 2016, it assisted the government in establishing the "China–Fujian VR Industrial Base," seizing the opportunity to lead VR development and setting an industry benchmark. The base encompasses all aspects of the VR ecosystem, including software R&D, hardware manufacturing, content sharing, talent training, and user experience. That same year, NetDragon acquired Cherrypicks Alpha and made a strategic investment in ARHT Media, laying a solid foundation for entering the multi‑billion‑dollar VR/AR market. Today, NetDragon's VR/AR technologies have already taken root and flourished across multiple sectors, including education, gaming, home furnishings, and tourism. In recent years, NetDragon has steadily accelerated its global expansion strategy in education. In 2015, it successfully acquired Suzhou Chisheng Information Technology Co., Ltd., a leading domestic provider of intelligent voice‑technology services, integrating its advanced speech technologies to enrich its educational offerings and delivering unique value in speech assessment, speech recognition, and language instruction. Also in 2015, NetDragon announced the completion of its acquisition of Prometheus, a world‑leading provider of educational solutions, whose superior hardware and software technologies were seamlessly integrated with NetDragon's own 101 series products, achieving innovative technological convergence. In 2017, NetDragon further expanded its internet community by acquiring JumpStart, a supplier of educational products. In 2018, NetDragon acquired Edmodo, a K‑12 learning community platform with over 100 million registered users. Additionally, NetDragon strategically invested in the big‑data‑driven smart education platform "Aidu Fen," deepening its presence in the education sector. Through these strategic investments in education, NetDragon's footprint now spans 192 countries and regions, serving over 100 million users across more than two million classrooms, and establishing a global network and ecosystem of K‑12 educational communities. Centered around the twin themes of "digital education" and "global innovation," NetDragon is building an international future‑education capital—the Digital Education Town—in Fuzhou's Binhai New City. The town will actively respond to the Belt and Road Initiative, developing into a global production base for digital education content and exporting China's "digital education blueprint" to the world. As a publicly listed company, NetDragon remains committed to corporate social responsibility and plays an active role in guiding cultural values while continuously enhancing its social impact. As one of the earliest initiators of the national anti‑addiction system, NetDragon actively participates in the development and promotion of online game addiction prevention measures, advocates and practices green internet use and healthy entertainment, and contributes to the establishment of the Ministry of Culture's self‑review system for games. It also focuses on disseminating traditional moral culture to schoolchildren at various educational levels, and works closely with the YBC Fujian Office to implement China's International Youth Entrepreneurship Program, reaching nearly 100,000 participants through training initiatives. Furthermore, NetDragon has established the Fujian NetDragon Youth Entrepreneurship Fund, providing free entrepreneurial training, mentorship, and other public‑service support to creative talents.