Perfect time and space 15 million yuan to buy a stake in Chengdu Web game company

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May 19 Morning News, perfect space-time chairman and CEO Chi today confirmed that the company has invested 15 million yuan in Chengdu, a web game company, to expand the perfect time and space online community business.

It is reported that the company named Chengdu Leaf Network Technology Development Co., Ltd. (hereinafter referred to as "leaf Net"), is a web game developers and operators. Perfect time and space to obtain a partial equity, but Chi did not disclose the specific shareholding ratio.

"In line with our established development strategy, we have been closely monitoring market developments to explore opportunities for strategic acquisitions and alliances," he said. The leaf net has made the achievement in the new field of the webpage game, and has the very good growth potential. I believe that this strategic investment will complement our core business and help to expand our online communities to create synergies with our existing businesses. "Chi said.

He also pointed out that perfect time and space will also use its market channels and resources to help the network in the web game of the emerging market rapid development.

Eastern Time May 18 7:28 (Beijing time May 18 19:28) News, Perfect Space-Time (NASDAQ:PWRD) released as of March 31 in the first quarter of 2009 earnings. The report shows that the perfect time in the first quarter of the total revenue of 425.1 million yuan (about 62.2 million U.S. dollars), net profit of 215.4 million yuan (about 31.5 million U.S. dollars).