Pali: Shanda Games and Jinshan joint ventures are a win

Beijing time December 29 Morning news, the U.S. investment company Pali Capital published a Monday study that the Grand Games (Nasdaq:game) and Jinshan announced the formation of joint ventures in the news on both sides is a positive factor.　　Pali awarded a grand game to buy a rating. The following is a summary of the report: Shanda Games and Jinshan announced the formation of a half shareholding joint venture to develop and operate new games outside the current cooperation between the two sides. The joint venture will be established in the first quarter of 2010. We believe that the first game of the joint venture may be Jinshan's new game "Swordsman Love 3", the game was launched in August 2009.　　Kingsoft plans to launch 12 independent development games in 2010.　　Overall, we think this is a good factor for Shanda games and Jinshan. As far as revenue is concerned, we don't think the joint venture will be a boost to the revenue of two companies in the near future, but in the long run from the second quarter of 2010 to the third quarter of 2010, Shanda Games, which operate on a grand game, can boost both revenues. (Yi Fei)