The rice net announces that because the company cash reserves sufficient to repay the shareholder

January 27 News, the children's online interactive entertainment platform, the Rice network announced a one-time dividend to shareholders 24.6 million U.S. dollars.

The Board approved a one-time cash dividend scheme for shareholders of $0.0325 per share of common stock (US $0.65 per share), the rice net said in a statement.

The dividend will be given to shareholders who hold the rice net's common shares and US depository shares after the close of February 6, 2015, and holders of US depository shares are expected to receive dividends on February 17, which is expected to cost 24.6 million of millions of dollars in cash.

According to the Rice net, because the company has sufficient cash reserves, fully meet the existing and potential development, so decided to repay shareholders. As of September 30, 2014, the rice net holds a total value of 109 million dollars in cash and cash equivalents.