On November 12, 2010, Chukong Technology officially formed its team, and within the following two years received venture capital from Northern Light, Disney Siwei Ventures, Sequoia Capital, and GGV Capital, with total financing of US$32 million. Chukong Technology can be said to be one of the luckiest companies in China's mobile gaming sector. In terms of product R&D, Chukong Technology owns the “Catching Fish” casual game series, which has 200 million activated users in China and is the most successful casual game product by a Chinese team globally to date. On the other hand, the 2D game engine Cocos2D-X, invested in and supported by Chukong Technology, has been recognized and used by 70% of developers in China. Today, Cocos2D-X is used by 400,000 developers across 199 countries and regions worldwide, and has become one of the most widely used mobile game engines globally. Among the top 10 highest-grossing mobile game products in China, 8 are developed using the Cocos2D-X engine and tools. In 2012, Chukong Technology cooperated with China's three major telecom operators to successfully apply carrier billing to item billing in smartphone games, and in February 2013, “Fishing Joy 2” became the highest-grossing mobile game product in China. After achieving success in the carrier channel, Chukong Technology fully launched global agency and publishing operations in 2013. In the Chinese market, products from many leading manufacturers such as Disney, NEXON, Gameloft, Ubisoft, KONAMI, and Gamevil are exclusively distributed and published by Chukong. At the same time, Chukong is an important or exclusive agent for many top online games such as “I Am MT”, “Time Hunter”, and “Chaos Fighters”. In Q3 2013, Chukong Technology officially released 5 products in Taiwan, 2 in Korea, and 2 in the United States, with all overseas publishing operations handled by Chukong's local teams. The greatest value of Chukong Technology in today's Chinese mobile gaming market lies in promoting industry efficiency and reducing overall costs. By providing stable, efficient, and constantly evolving game engines and tools, it brings convenient and effective technical support to more game developers. Chukong Technology hopes that through continuous attempts at new channels, new models, and new product forms, it can bring more effective references and development space to the industry, enabling Chinese game developers to gain a larger global market share. We also hope that the mobile games we develop, publish, and operate will be sincerely loved by the vast number of mobile game users, helping more users enjoy their time and find happiness.
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