NET Dragon announces prospectus November 2 landing Hong Kong gem

Sina Science and technology news October 22 evening message, the domestic online games development and Operation company Network Dragon (8288.　　The information disclosed by the prospectus on its official website this evening revealed that the network Dragon will be on the Hong Kong SEHK's gem on November 2 with a maximum of HK $1.42 billion.　　The prospectus shows that the current main business of the network Dragon, founded in 1999, includes the development and operation of online games, and currently operates three games for "magic Field", "Conquest" and "Machine Wars", as of June 2007, accounting for 70.7%, 23.6% and 5.5% of total income respectively.　　According to the data, the Net-Dragon 2006-year income amounted to HK $122.1 million, with revenue reaching $261.7 million in the first half of 2007, with a growth rate of 247.6% and 902.4% respectively. At the end of June 2007, the company's gross profit margin was 94.4% and the net interest rate was 58.9%. NET Dragon by the DJM holding company holds 33.96%, for the largest shareholder, DJM by the founder of the Net Dragon, Chairman Liu Dejian holds 95.4% stake.　　IDGVC, a venture capitalist who has injected into the dragon, holds 78333320 shares, accounting for 14.51% of total equity, with a minimum price of about 876 million per cent. NET Dragon this time a total of 108 million shares, a total of 540007860 shares, the IPO price of HK $11.18 to HK $13.18, the highest financing of about 1.42 billion Hong Kong dollars, the stock code is 8288, the joint sponsors for Bear Stearns Asia Limited and the first financing Shanghai Ltd. NET Dragon is expected October 26, the latest October 29 to determine the issue price. (Nurichong)