Kuaikan World (Beijing) Technology Co., Ltd.

Founded in 2014, Kuaikan is China's largest domestic comic platform and a hyper-new Gen Z entertainment community. As of August 2021, Kuaikan has over 340 million total users and nearly 50 million monthly active users, exceeding the combined total of the industry's second through sixth players. Kuaikan's works have landed in nearly 200 countries and regions worldwide, becoming a representative of Chinese culture going global. Kuaikan's mission is to bring happiness and inspiration to the world. The company is committed to discovering and nurturing outstanding creators and providing hundreds of millions of users with heartwarming, positive premium content. Kuaikan has over 100,000 registered creators and more than 8,000 comic works. Kuaikan's vision is to become a future super entertainment company. Kuaikan has made significant progress in commercialization areas such as IP development, advertising, paid content, gaming, and e-commerce. Among them, the comic business has achieved profitability. The company attaches great importance to technology investment and actively explores cutting-edge technologies in the content industry. It uses AI, big data, and other technologies to expand content creation capabilities, improve distribution efficiency in the content industry, and accelerate the integrated development of the content industry and the Internet. In August 2021, Kuaikan raised US$240 million, setting an industry record. To date, the company has completed cumulative financing of over RMB 4 billion.