Wen Hui Wu

Cloudary Corp. engages in the online literature industry. It is involved in the creation and distribution of online literary content, and its platform comprises of original and copyright materials. The firm offers original literature traditional books, journals, magazines and others. The company was founded in July 2008 and is headquartered in Shanghai, China.

Shanda Literature Corporation (SDL) was established in July 2008. It manages the literature business of Shanda Interactive Entertainment Limited (SNDA). Shanda Literature has under its banner the seven most important original Chinese literature websites: www.qidian.com, www.hongxiu.com, www.jjwxc.net, www.rongshuxia.com. www.readnovel.com, www.xxsy.net and www.u17.com. By focusing on copyright management, Shanda Literature has succeeded in setting up a business model that covers the complete chain of content utilization. It has formed a long term strategic partnership with four traditional book publishers, namely Jushi Wenhua, Chinese-World Books, JOUSTAR and Zhongzhi Bowen. The four publishers have published more than 4500 titles by the end of March 2010. So far, scores of its online novels have been adapted into films or TV programs due to their strong story lines. Some have been adapted into online games. The gaming adaption right of one title has been sold at a high price of rmb3.5 million, which is equivalent to more than 350,000 Euros. The company's stories have also been marketed to the smart phone users as well, making Shanda the largest content provider of China’s mobile reading industry. The Chinese online literature, which inherits the gene of Chinese traditional culture, has been synchronized with the world. With its core competitiveness of rich original contents, Shanda Literature is becoming the largest copyright operation base of China.

Part of Tencent Holdings Ltd., Shanghai Xuanting Entertainment Information Tech Co., Ltd. is a comprehensive cultural industry group based in Shanghai, China. The Chinese company's popular mobile reading software supports both Android and iOS platforms, allowing users to read a vast collection of original online literature and well-designed digital publications online or offline. The software also supports the upload and reading of documents in formats such as txt and pdf. Founded in 2004, the company focuses on digital reading as its foundation and IP cultivation and development as its core.

Cloudary Hong Kong provides investment services. The private company is based in Hong Kong, Hong Kong.

China Reading (Hong Kong) provides a digital reading platform. The private company is based in Hong Kong, Hong Kong.

Part of Tencent Holdings Ltd., Shengting Information Technology Shanghai Co. Ltd. is a private company that provides software development services. The company is based in Shanghai, China.