Xiao Dong Liang

Shanda Interactive Entertainment Ltd. Operates as an interactive entertainment media company offering online entertainment content on an integrated service platform. The firm offers its quality entertainment content through its subsidiaries and affiliates, including Shanda Games, Shanda Literature, Ku6, and other online community and business units. The company was founded by Tianqiao Chen and Qian Qian Luo in November 1999 and is headquartered in Shanghai, China.

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.

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

Part of Tencent Holdings Ltd., Shanghai Yuewen Information Technology Co., Ltd. is a private company based in Shanghai, CN. Shanghai Yuewen Information Technology Co. provides a platform for users to register and login to access a wide range of Chinese novels, including romance, fantasy, and historical fiction. The platform offers free downloads and real-time updates of the latest chapters and lists. Users can also earn recommendation tickets and level up their accounts. The company aims to provide the best reading experience for its users and is committed to being the most comprehensive and free platform for Chinese novel downloads. The company was founded in 2014. The CEO is Wu Cheng.

Beijing Yuewen Science & Technology Co. Ltd. provides computer related services. The private company is based in Beijing, China.