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| Monday, 7 December 2015, 13:21 HKT/SGT | |
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| Creates Strong Synergies for the Mind Sports Eco-System Leads New Trend for Fun on the Internet |
HONG KONG, Dec 7, 2015 - (ACN Newswire) - Wangyu E-Sports Arena in Sanlitun, Beijing, under Ourgame International Holdings Limited ("Ourgame" or the "Group") (SEHK stock code: 6899), a leading operator of mind sports in China with a focus on the development and operation of online card and board games and offline competitions, organized "Wangyu E-Sports 1.0 Global Press Conference" on 5 December 2015 (Saturday). This marks a major strategic initiative of Ourgame after its acquisition of a stake of Wangyu Internet Cafe in November last year. Through this move, the Group also demonstrates its leading position in the internet cafe market.
 | | Ourgame Organises Wangyu E-Sports 1.0 Global Press Conference |
Mr. Frank Ng, Chief Executive Officer of Ourgame, said, "It is our honour to take part in the establishment of Wangyu E-Sports, aiming to share goals with Wangyu. Ourgame has built on its original platform for online card and board games, expanding through operation of offline mind sports competitions to create a flourishing eco-system which includes online games, offline competitions and video as well as education about card and board games. While organising competitions, Ourgame realized the importance of having the right venue to enhance the competitions, thereby acquiring a stake of Wangyu in 2014. In addition to receiving solid offline support, Ourgame has bolstered the quality of competition and introduced education for card and board games while bringing innovative mind sports competition to the Internet Cafe."
Occupying more than 1,300 sq m, Wangyu E-Sports Arena is situated in the prime district of Sanlitun, Beijing. In addition to high-end professional facilities and a relaxing cafe, it also has a stage featuring leading-edge equipment for recording and live broadcasting as well as a control room, with an audience capacity exceeding 200. Currently, Wangyu Internet Cafe has more than 300 outlets in around 50 cities in China and a membership exceeding four million, and its coverage also extends overseas to Canada and Australia, serving more than 15 million customers since its opening.
Mr Ng added, "From the operational perspective, Wangyu E-Sports Arena carries strategic significance. It will serve as the venue for the Group's mind sports tournaments and the recording facility for its mind sports programmes, and also a venue for education and certification examinations for card and board games, thus generating new and substantial synergies to Ourgame's mind sports eco-system."
About Ourgame International Holdings Limited (SEHK code: 6899)
Ourgame International Holdings Limited is a leading operator of the mind sports business in China with a focus on online card and board game development and operation. The Group's income is mainly derived from online games under three different operation models: self-developed games, licensed games and third party operated games. The Group owns an integrated online game platform and provides PC and mobile games through a number of distribution channels. Its one-stop PC client terminal "Ourgame Hall" provides more than 200 card games, board games, licensed and third party operated large-scale multi-player online games as well as other leisure games. Meanwhile, with a unique O2O business model, the Group has further strengthened the synergies of its online and offline operations after its acquisition of the "World Poker Tour" brand and the operation of its related projects in 2015 and 10% equity interest in Wangyu Internet Cafe in 2014.
For Press Enquiries:
Strategic Financial Relations Limited
Veron Ng Tel: +852 2864 4831 Email: veron.ng@sprg.com.hk
Angelus Lau Tel: +852 2864 4805 Email: angelus.lau@sprg.com.hk
Samantha Yeung Tel: +852 2114 4916 Email: samantha.yeung@sprg.com.hk
Website: http://www.sprg.com.hk
Contact:
Topic: Press release summary
Sectors: Daily Finance, IT Individual
https://www.acnnewswire.com
From the Asia Corporate News Network
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