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17 Mar 2020

Wonderful Sky Financial Group Assists Jiu Zun Digital Interactive Entertainment Group Holdings Limited (Stock Code: 1961.HK) with the Successful Listing on HKEx

Jiu Zun Digital Interactive Entertainment Group Holdings Limited (Stock Code:1961) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.

 

Jiu Zun is a digital entertainment content provider in the PRC with a diversified content portfolio comprising mobile games mainly played on android operating system, e-magazines, and other digital media content such as comics and music. Jiu Zun also commenced development and operation of boutique mobile games since FY2017 and launched the first multi-player mobile game, which is a licensed game, in January 2019. Since FY2018, Jiu Zun has also cooperated with corporate customers who make use of the in-game airtime provided by them for placing their media content for advertising purpose.

 

Jiu Zun’s business was operated under two business lines. First is a mobile game. Jiu Zun’s development and operation of mobile games with primary focus on casual mobile games and also launched the first multi-player mobile game, which is a licensed game in January 2019. Jiu Zun derives their revenue primarily from the sale of virtual items in the mobile games. Besides, information services where the Group cooperated with corporate customers to integrate media content in some of the mobile games they operate. Jiu Zun derived revenue from the provision of in-game airtime when players click on the in-game links in the designated spaces and view the media content posted by such corporate customer in return for virtual items. Second is a digital media content distribution. As a digital media content distributor, Jiu Zun procures licensing rights of media content to distribute in digital format. Examples of the digital media content include e-magazines, comics, SMS and music. Leveraging on the evolving habits of readers from reading printed media to accessing digital media content via smartphones, Jiu Zun strategically partner with distribution channel providers which have access to large digital distribution platforms such as those provided by the largest telecommunication service provider in the PRC.

 

As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.