Chinese hand Rangshaokin confidence in China's future tour

Chinese Hand Tour (NASDAQ:GMGE) has increased revenue through an undisclosed entity named Shenzhen's GeoInvesting Technology Co., Ltd., an investment agency named seeking, wrote on the US investment website Alpha, Therefore, the U.S. Securities and Exchange Commission and China's tour of the auditor to launch an investigation.

On the evening of 16th, China's tour of the GeoInvesting report issued a clarification announcement, the bulletin said GeoInvesting's report is flawed, not only a large number of unfounded speculative speculation, there are many of the past events and specific circumstances of the wrong interpretation.

Among them, in response to the "Chinese hand tour may use the false increase in revenue" allegations, China tour in the announcement said: "The company's past with the Chiang Kai-shek transactions are normal business activities, and the company will continue to work closely with the positive." Moreover, the revenue from the company in the three quarter of 2014 years ago accounted for only less than 1% of the total revenue of the company, while the company paid in the three quarter 2014 years ago only about 3% of the total operating costs of the company. ”

For this incident, China's tour CEO Xiaojian said that China's hand tour from the first day of the IPO to face the capital market and the short people repeatedly questioned, but each time withstand great pressure, with outstanding performance of one by one response, and gain peer and player recognition. This time, the board is expected to handle the matter, and the company's performance will be the best response to the short sellers.

It is understood that Chiang Kai-shek was founded in November 5, 2009, should be the book Ridge was shareholders and CEO. Chiang Kai-shek was founded at the beginning is a function of the game agent to promote the company, has been with the Chinese hand tour Friends of the Digital (Kkfun) has a deep cooperation.

Is through the agent kkfun the function of the game products, in some manufacturers to promote the channel, kkfun based on the promotion of the manufacturers to bring the number of users and the user generated game consumption income, according to a certain price and the proportion to pay promotion fees and divided.

January 19, according to the book Ridge in the media interview, said Kkfun at the same time with a number of similar to the agency to promote the company has cooperation, so the cooperation between the central and the hand in fact from the era of functional machine has begun, so "Shenzhen is" The name is in hand. The 2012 annual report, submitted in April 2013, was mentioned in the document. In response to the current relationship between the book Ridge and the present, the book Ridge responded positively, "in June 2013, when China launched the Great Game of excellence, I had officially withdrawn from the capital, did not hold any shares in the company, and did not gain any interest in the company." For the book Ridge of the argument, together with the interview Xiaojian also be affirmed.

Xiaojian said, "in the fourth quarter of 2012, I felt the rapid decline of the function machine market, at that time the full transformation of the Smart machine game, the official establishment of beans to play the game and into the release of the game, at this time also from the functional machine to the smart machine advertising business transformation." Since the previous has been with the major channel platforms and a large number of small and medium-sized app to establish a relationship between the purchase of advertising and intermodal promotion. At that time, the beans play games in the promotion of Chinese hand tour independent research and development of chess and part of the network game, and then again select and cooperation, and the mode of cooperation and the age of the machine is the same. Xiaojian said that the Chinese hand tour independent research and development of chess and card games is similar to the Zheng is such a advertisers, advertising platform and pre-installed channels to promote vigorously.

Chong revealed that the main business is in accordance with registered users to the game company charged advertising fees or promotion of the game to be divided, is in addition to the beans play games, but also for other game companies to provide similar services. Beans play the game at the same time with a number of similar to the agency to promote the company has cooperation.

Xiaojian is confident of the future of China's hand-swimming, he said Chinese hand tour in the future each quarter has a new game products online program, such as "great sailing times 5", "Happy Goat Run", "Naruto" and "Sailing king", he predicted that these products will greatly enhance the Chinese hand tour revenue. "From the January 15," the "Public Gun Battle" survey, the day the water has broken tens of millions, this is only our 2015-year performance more robust growth began, he said, the game will have the opportunity to become China's first month tour of the flow of broken billion products.