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About CHINA LIT Company

Reading Text Group is committed to building a broad and high-quality Chinese-language IP universe. The core IP cultivated and developed by the company and derivatives cover diverse forms of digital entertainment such as literature, animation, film, television, and games, and strives to integrate with offline real life to meet the comprehensive spiritual needs of users. Reading Text Group includes well-known brands in the industry such as QQ Reading, Starting Point, and Xinli Media to cultivate and develop IP, and has established extensive content distribution and IP cooperation with shareholder and strategic partner Tencent and third party partners. Reading Literature Group has successfully exported masterpieces of IP adaptations in the fields of animation, film, television, and games, including “Celebrate the Years After”, “Devil's Lantern”, “Contra Continent”, “Full Time Master”, and “Son-in-law.” Reading Text Group's huge and rich content library and ability to develop the entire IP industry chain are its important advantages. On November 8, 2017, Reading Text Group was listed on the main board of the Hong Kong Stock Exchange, stock code: 0772.

Company Profile

Company NameCHINA LIT
Listing Date11/08/2017
Issue Price55.00
Shares Offered151.37M share
RegistrationCayman Islands
ChairmanJames Gordon Mitchell
SecretaryLan\quweiqiang Xu
Audit InstitutionPricewaterhouseCoopers
Company CategoryOverseas registration of Mainland Individuals control
Registered OfficePO Box 309, Ugland House,Grand Cayman KY1-1104, Cayman Islands
Head Office and Principal Place of BusinessRoom 1503-04, Industrial and Commercial Bank of China Tower, 3 Garden Road, Central, Hong Kong
Fiscal Year Ends12-31
MarketHong Kong motherboard
Business Reading Text Group is a company mainly engaged in operating online literature platforms. The company's platform makes it easy for online readers to browse the company's vast library of diverse content, and allows more writers to create and publish original literary content online. Furthermore, the company transforms the company's content into other forms of entertainment through copyright operation, management, and licensing, thereby extending the commercial life cycle of the work for writers.

Company Executives

  • Name
  • Position
  • Salary
  • Xiaonan Hou
  • Chief executive officer, President, Chairman of the Strategic Committee, Executive Director, Authorized Representative
  • 10.68M
  • Yan Huang
  • Executive Director
  • --
  • James Gordon Mitchell
  • Non-Executive Director,Strategy Committee Member,Remuneration Committee Member,Chairman of the Board,Nomination Committee Chairman
  • --
  • Huayi Cao
  • Non-Executive Director
  • 56.69M
  • Qinghua Xie
  • Audit Committee Member,Non-Executive Director
  • --
  • Chuyuan Yu
  • Remuneration Committee Member,Nomination Committee Member,Independent Non-Executive Director,Audit Committee Chairman
  • 1.03M
  • Xiuting Liang
  • Remuneration Committee Chairman,Independent Non-Executive Director,Audit Committee Member
  • 1.17M
  • Junmin Liu
  • Independent Non-Executive Director,Nomination Committee Member
  • 1.03M
  • Lan Xu
  • Joint Company Secretary
  • --
  • Weiqiang Qu
  • Authorized Representative,Joint Company Secretary
  • --
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