Company:Zengame Technology

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Zengame Technology
TypePublic
SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".
FoundedJuly 2010
Key people
Ye Sheng (chairman, CEO)[1]
RevenueIncrease ¥742 million (2020)[2]
Increase ¥221 million (2020)[3]
Websitezen-game.com

Zengame Technology (simplified Chinese: 禅游科技; traditional Chinese: 禪遊科技; SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".), short for Zengame Technology Holding Limited,[4] generally known as Zengame,[5] is a Shenzhen-based[6] mobile game developer[7] and operator[8] established in July 2010[9] by Zeng Liqing.[10] The company focuses on the development and operation of mobile games,[11] as well as operating games developed by third parties.[12] Its categories of games include card games, board games,[13] and other casual games,[14] all of which can be played free of charge.[15]

The main products of Zengame contain Fighting the Landlord,[16] Sichuan Mahjong and Fast Fish Catcher.[17] The firm officially landed on the Hong Kong Stock Exchange on 16 April, 2019[18] under the stock ticker symbol "2660",[19] raising HK$221 million.[20] As of the end of December 2019, it had a total of 720 million registered users[21] and an average of 48.538 million active users per month.[22]

History

Zengame was founded in July 2010, and it once received an equity participation from 37Games.[23] In 2017, its monthly active users (MAUs) for board and card games clocked 21.6 million.[24]

In May 2018, the company launched in-game information service.[25] As of December 31, the cumulative number of registered users under the games of Zengame reached approximately 443 million.[26]

On 16 April 2019, Zengame was listed on the HKSE,[27] with Guotai Junan as its sole sponsor.[28] In H2 2019, it started to develop overseas operations.[29]

References

  1. ↑ "Zengame (HK:02660) starts public offering tomorrow". Sing Tao Daily. April 2, 2019. https://std.stheadline.com/sc/realtime/article/971531/%E5%8D%B3%E6%99%82-%E9%87%91%E8%9E%8D-%E6%96%B0%E8%82%A1%E9%80%9F%E9%81%9E-%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80-%E6%AD%A3%E5%BE%85%E5%AF%A9%E6%89%B9%E9%81%8A%E6%88%B2%E9%80%BE30%E5%80%8B. 
  2. ↑ "Zengame's profit increased by 37% last year". Oriental Daily News. Mar 23, 2021. https://hk.on.cc/hk/bkn/cnt/finance/20210323/bkn-20210323163350304-0323_00842_001.html. 
  3. ↑ "Chen Zhengshen: Hong Kong stocks rebounded weakly". Oriental Daily News. May 9, 2021. https://hk.on.cc/hk/bkn/cnt/finance/20210509/bkn-20210509093019868-0509_00842_001.html. 
  4. ↑ Zou Xuchen (2018-11-02). "Zengame filed its listing application with the Hong Kong Stock Exchange". People's Daily. http://capital.people.com.cn/n1/2018/1102/c405954-30378234.html. 
  5. ↑ "Hutchison pharma firm goes own way". The Standard (Hong Kong). 16 Apr 2019. https://www.thestandard.com.hk/section-news/section/2/206933/Hutchison-pharma-firm-goes-own-way. 
  6. ↑ "It's all zen for game player debut". The Standard (Hong Kong). 17 Apr 2019. https://www.thestandard.com.hk/section-news/section/2/206979/It%27s-all-zen-for-game-player-debut. 
  7. ↑ "Hint: one makes toilet paper". South China Morning Post. Jul 19, 2020. https://www.scmp.com/business/investor-relations/article/3093797/which-hong-kong-stocks-have-skyrocketed-during. 
  8. ↑ Avery Chen (8 Apr 2019). "Zengame prepares more game rollouts". The Standard (Hong Kong). https://www.thestandard.com.hk/section-news/fc/1/206664/Zengame-prepares-more-game-rollouts. 
  9. ↑ "Former Tencent co-founder Zeng Liqing spends HK$170 million to buy a luxury house in Hong Kong". Hong Kong Commercial Daily. July 19, 2021. https://www.hkcd.com/content/2021-07/19/content_1281554.html. 
  10. ↑ Li Tong (July 19, 2021). "21 Borrett Road is favored by many celebrities". HK01. https://www.hk01.com/%E5%9C%B0%E7%94%A2%E6%A8%93%E5%B8%82/652321/%E9%A8%B0%E8%A8%8A%E5%89%8D%E8%81%AF%E5%B8%AD%E5%89%B5%E8%BE%A6%E4%BA%BA%E6%9B%BE%E6%9D%8E%E9%9D%921-7%E5%84%84%E8%B3%BC21-borrett-road. 
  11. ↑ "Dow Jones Industrial Average falls to 24,681 points". Hong Kong Economic Journal. 2020-03-06. https://www2.hkej.com/instantnews/market/article/2396259/%E3%80%90%E8%82%A1%E6%B5%B7%E6%8F%9A%E5%B8%86%E3%80%91%E5%B9%B3%E5%9C%B0%E4%B8%80%E8%81%B2%E9%9B%B7+%E7%88%86%E7%82%92%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80. 
  12. ↑ ""Stay-at-Home Economy" is accelerating under the spread of the epidemic". Headline Daily. 2020-03-06. https://hd.stheadline.com/news/columns/489/20200306/839304/%E5%B0%88%E6%AC%84-%E5%9F%BA%E9%87%91%E5%84%B7%E4%BA%BA-%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80%E5%B0%8F%E6%B3%A8%E5%90%B8%E7%B4%8D. 
  13. ↑ "Zengame Technology fully subscribed". The Standard (Hong Kong). 4 Apr 2019. https://www.thestandard.com.hk/section-news/section/2/206605/Zengame-Technology-fully-subscribed. 
  14. ↑ "IPO Album: Game developer Zengame has passed the listing hearing". Oriental Daily News. March 26, 2019. https://hk.on.cc/hk/bkn/cnt/finance/20190326/bkn-20190326185316755-0326_00842_001.html. 
  15. ↑ "Hong Kong stocks have performed strongly in the past week". Ta Kung Pao. April 5, 2019. http://www.takungpao.com.hk/finance/236135/2019/0405/272233.html. 
  16. ↑ Yang Ge (Apr 15, 2019). "What, Me Worry? Zengame’s Hong Kong IPO Prices in Middle of Range". Caixin Global. https://www.caixinglobal.com/2019-04-15/what-me-worry-zengames-hong-kong-ipo-prices-in-middle-of-range-101404283.html. 
  17. ↑ Peng Shuiping (April 5, 2019). "Game company to go public with annual revenue of 400 million RMB". National Business Daily. http://www.nbd.com.cn/articles/2019-04-05/1318268.html. 
  18. ↑ "Zengame Technology rises 16% on first day of listing". Commercial Radio Hong Kong. Apr 16, 2019. https://www.881903.com/news/finance/2263875/%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80%E9%A6%96%E6%97%A5%E4%B8%8A%E5%B8%82%E5%8D%8716. 
  19. ↑ "The Hang Seng Index of Hong Kong stocks re-exceeds 30,000 points". Wen Wei Po. 2019-04-17. http://pdf.wenweipo.com/2019/04/17/b01-0417.pdf. 
  20. ↑ "Zengame raises $221m in IPO". The Standard (Hong Kong). 1 Apr 2019. https://www.thestandard.com.hk/section-news/section/2/206787/Zengame-raises-$221m-in-IPO. 
  21. ↑ "Zengame Technology (02660.HK) recorded a net profit of RMB160 million in 2019". Commercial Radio Hong Kong. 18 March 2020. https://www.881903.com/news/finance/2324463/%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80%E5%8E%BB%E5%B9%B4%E5%A4%9A%E8%B3%BA47. 
  22. ↑ Xie Zhuorong (Mar 18, 2020). "Zengame's net profit for 2019 increased by 47.52% year-on-year". Ming Pao. https://m.mingpao.com/fin/instantf2.php?node=1584524409845&issue=20200318. 
  23. ↑ "Games are increasingly becoming a part of people's lives". National Business Daily. September 27, 2019. http://www.nbd.com.cn/articles/2019-09-27/1374951.html. 
  24. ↑ Forbes China (16 April 2019). "Frost & Sullivan helps Zengame successfully go public in Hong Kong". Frost & Sullivan. http://www.frostchina.com/?p=12945. 
  25. ↑ Forbes China (Mar 18, 2020). "【2660】Zengame's net income for 2019 is RMB 161 million, up 47.5% year-over-year". Forbes China. http://www.forbeschina.com/city/47746. 
  26. ↑ "Zengame (02660.HK) to go public: Revenue of RMB 555 million in 2018". Sing Pao Daily News. 2019-04-07. https://www.singpao.com.hk/index.php?fi=loadpdf&t=news&id=11814. 
  27. ↑ "[New Stocks Tracking Zengame Technology listed on the HKSE, opening 21% higher"]. Hong Kong Economic Journal. April 16, 2019. https://www2.hkej.com/instantnews/stock/article/2111907/%E3%80%90%E6%96%B0%E8%82%A1%E8%BF%BD%E8%B9%A4%E3%80%91%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80%E6%8E%9B%E7%89%8C+%E9%AB%98%E9%96%8B21+. 
  28. ↑ "China Railway Construction Corporation plans to list in Hong Kong". Ta Kung Pao. 2019-04-03. http://www.takungpao.com.hk/231106/2019/0403/271293.html. 
  29. ↑ Xie Zhuorong (August 26, 2019). "Zengame intends to develop overseas business". Hong Kong Economic Times. https://invest.hket.com/article/2435422/%E7%A6%AA%E9%81%8A%E7%A7%91%E6%8A%80%E3%80%8C%E8%B5%B0%E5%87%BA%E5%8E%BB%E3%80%8D%20%E6%93%AC%E7%99%BC%E5%B1%95%E6%84%9B%E5%9C%8B%E9%81%8A%E6%88%B2?mtc=40001&srkw=. 



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