[Summary] Making life better
The Group was established in 2005. Over the past decade or more, it has developed into a strong industrial agglomeration and innovation and entrepreneurship platform enterprise. In 2006, the Group was listed on the Main Board of the Hong Kong Stock Exchange, becoming a listed online video enterprise. In 2012, its subsidiary China Mobile Games and Entertainment Group was listed on NASDAQ via an introduction, making it a Chinese mobile game company listed overseas. In 2016, the Group successfully acquired Dubai-based China-Arab TV, invested in the establishment of Asia Bank (BVI), cooperated with CICC to establish CICC Qianhai Weiye Investment Fund. In 2020, the Group completed its restructuring, and its subsidiary Crazy Sports Group became the main entity listed on the Main Board of the Hong Kong Stock Exchange. In 2021, Crazy Sports Group officially appeared on the Hong Kong Main Board (stock code: 00082). Thus, the Group has become one of the large new media industry groups with multiple domestic and overseas listed companies, internet news platforms, overseas satellite TV stations, offshore banks, investment funds, mobile games, metaverse technology, artificial intelligence application innovation enterprise incubation platforms.
Since 2016, the Group has successfully transformed into a new economic entity in the internet industry, extensively laying out the "Internet+" industrial ecosystem, namely "Internet + satellite TV media, Internet + sports + e-sports, Internet + e-commerce, Internet + agriculture" and other frontier technological innovations, investing in digital banks and many other fields, becoming one of China's top 100 internet enterprises.
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