History and Background
NetDragon Websoft Holdings Limited (Stock Code: 777.HK), established in 1999 and headquartered in Fuzhou, Capital of Fujian Province of China, is a world’s leading creator of online community. With leading economic indicators within the domestic industry，NetDragon is honored ‘the Key Software Enterprises under the National Planning Arrangement’, ‘National Cultural Industry Model Base’, and ‘the Key Enterprises of National Cultural Export’. Besides holding a spot on the list of “National Top 30 Cultural Enterprises” for three years in a row, the Company has ranked on “Chinese Top 100 Technology Enterprises” for five years in a row, edging herself into the Forbes Global 2000, and jumping to the 3rd place on Forbes’ “China’s Listed Potential Enterprises Top 100”. NetDragon has over 6,000 staff worldwide, and is named “Outstanding Employer” twice, as one of the best companies to work for in China.
Some previous core businesses of NetDragon currently maintain a leading position in the market. The Company published 17173.com – China’s top online game portal, Eudemons Online and Conquer Online – the self-developed flagship games with great popularity, 91 Wireless – the world’s most influential and popular smartphone service platform, and many other brilliant products. In 2013, NetDragon announced the sale of 91 Wireless to Baidu, which marked the biggest merger and acquisition in China’s internet at that time.
NetDragon is a prominent developer, operator and publisher of online games in China, and also the first Chinese game company that successfully expanded into overseas markets. To date, the Company has released more than 50 self-developed online games and quality mobile apps, such as Eudemons Online, Conquer Online, Heroes Evolved, and Tiger Knight, in English, French, Spanish, Arabic and other 11 kinds of languages, covering more than 180 countries with over 65 million registered overseas users. With a persistent focus on enhancing her core competence through self-dependent innovation, NetDragon has developed game engines independently, such as C3 and S3, as one of the very few companies that are able to develop a whole series of 2D, 2.5D and 3D products, and is cited as a model for public service of online games. Moreover, NetDragon introduced Virtual Reality (VR) technology to game development, and released an epochal war game, Tiger Knight VR, which immerses players deeply in the magnificent battle scenes of ancient China through the combination of action game and virtual reality. NetDragon was constantly awarded “Overseas Expansion Award for National Games”, “Top 10 Chinese Game Developers”, “Top 10 Chinese Game Operators”, “Top 10 Chinese Marketing Companies” and “Golden Plume Award” by the State Administration of Press, Publication, Radio, Film and Television, and was selected to “the Key Enterprises of National Cultural Export” by the Commerce Department. In 2016, her Heroes Evolved was named the “Best Self-developed e-Sport” by the General Administration of Sport. In 2017, NetDragon was awarded the “Top 10 Chinese Mobile Game Publishers”. In 2019, NetDragon was ranked amongst the “Top 10 Socially Responsible Game Enterprises”
In recent years, NetDragon has grown into a global leader in online education industry. Leveraging cutting-edge technologies and expertise in developing online communities, NetDragon is building the most complete online education ecosystem. Through self-development and merger and acquisitions, NetDragon’s education business currently covers over 400,000 schools, 2 million classrooms and 100 million users in over 190 countries worldwide, while its products cover all learning environments, including pre-class, in-class and after-class, at anytime and anywhere. In addition, NetDragon has cooperated with several authoritative educational institutions in research and development of smart learning, including People’s Education Press (PEP), National Center for Education Technology (NCET), Beijing Normal University (BNU), Harvard University, East China Normal University and Central China Normal University; and has entered into a strategic partnership with British Broadcasting Corporation (BBC), Person Education, and French-based eduMedia in order to integrate premium educational resources worldwide.
Corporate Governance and Social Responsibility
NetDragon always adheres to the guiding influence of core socialist values in its enterprise culture, constantly creating social benefits. As one of the initiators of anti-addiction system in China, NetDragon takes an active part in the development and spread of the system in online games. The Company advocates civilized internet and the idea of health entertainment, and gives an active involvement in the construction of self-examination system proposed by the Ministry of Culture. The original animation with a theme on traditional culture, The Adventure of Afu, re-interprets of the book Di Zi Gui with a modern science concept. The animation targets school children at different ages and disseminates traditional moral culture to the society. In addition, the Company collaborated closely with the YBC office to follow the Youth Business International model, which has provided trainings for nearly 100,000 people. Fujian NetDragon Youth Business Foundation has been established to provide venture creation training, interest-free loans, mentorship program, and many other non-profit services. Under the leadership of Fujian Communist Youth League, the ‘Youth Development Service Platform’ and Fujian Youth Federation Communication Platform have been established by NetDragon to provide services to the teenagers by using new media, which dramatically strengthens the cohesion of youth associations and attracted the attention of the CYL Central Committee. Through practical actions, NetDragon implements the core socialist valuesand contributes wisdom and strength to the flourish and development of Haixi cultural industry.