Yesterday, Kingsoft (03888.HK) and Dalian on the net yet entered into an agreement to acquire a cash consideration of 30.3 million yuan in Dalian, it holds 29.4% stake in Jinshan. Completion of the acquisition, Kingsoft will hold 80.4% stake in Dalian Jinshan.
Dalian Kingsoft 2006 Kingsoft, through its indirectly controlled subsidiaries of Beijing Digital Entertainment, and joint investment in Dalian on the network set up yet, and Dalian on Kingsoft were still net a 51% and 49% interest. Dalian Jinshan was then developed three-dimensional first person shooter action against terrorism (MAT), the game was recently launched in Thailand in January this year and plans to launch later this year in China.
The company said, after two years of internal development and testing, the game developed by Dalian Jinshan has the market ready, if the game company Kingsoft Dalian in the region to do a comprehensive pre-market launch of Dalian Jinshan buy more shares, should be able to derive greater benefits.
Kingsoft is China's leading entertainment and applications software developers, its 2007 revenue from the entertainment software 396.44 million yuan, 71.22 percent of total revenue.