V1 Group Limited, one of the largest new media enterprises in China, the businesses mainly covers Internet and mobile terminals. V1 Group was established in 2005, listed on the Main Board of Hong Kong Stock Exchange in 2006, became the first Chinese video media enterprise listed in Hong Kong. In September 2012, V1 Group’s subsidiary China Mobile Games and Entertainment Group Limited (“CMGE”) gone listing by introduction in the United States Nasdaq, V1 Group was owning two listed companies among the new media industry.
V1 Group which listed on the main board of Hong Kong Stock Exchange has developed as China's most dynamic new media group. On 25 September 2012, CMGE listed by introduction on Nasdaq. Zhang Lijun, the Chairman of the Board of V1 Group, has been called the “1st Men of Listing by Introduction”. On 27 March 2014, CMGE announced that it has completed the third round of fundraising since listed by introduction in 2012, with a total of approximately US$124 million fundraised in one and a half year. On 11 August 2015, CMGE officially completed the privatization, creating a China concept stocks listed on Nasdaq completed privatization in a new record in 85 days, which also generated remarkable returns for V1 Group.
V1 Group’s venture capital center is opening up the network economy market in Internet Plus era with a more solid strength way and a more positive attitude. We formed the lending and investment of Internet Finance as the core, together with other internet businesses including mini-video news application, games and “Internet Plus” businesses: Internet Plus Healthcare, Internet Plus Education, Internet Plus Elderly Care and etc. as the new business prospect with two wings of growth.