Renren Games was listed on the new third board with a net profit of 26.26 million yuan in 2015

Renren Games was listed on the New Third Board on the 15th. Its main business is the development, distribution and operation of online games. From January to April 2016, revenue was 24.3619 million yuan and net profit was 6.437 million yuan.

Original title: Renren Games was listed on the New Third Board, mainly engaged in the R & D and operation

of online games, Renren Games was launched on the New Third Board on the 15th. Its main business is the development, distribution and operation of online games. From January to April 2016, revenue was 24.3619 million yuan and net profit was 6.437 million yuan.

Renren Games, whose full name is Shanghai Renren Games Technology Development Co., Ltd., was established on November 15, 2012. Chairman and General Manager He Chuan directly and indirectly controls 64.25% of the company's voting rights and is the actual controller. The announcement shows that Renren Games had revenue of 207 million yuan and net profit of 22.7108 million yuan in 2014. In 2015, revenue of 107 million yuan and net profit of 26.2604 million yuan. At present, Renren Games 'main revenue comes from its four star game products,"Tianshu Strange Talks","World in Troubles","Steel Marshal" and "Commercial War Genesis". Among them, Tianshu Qi Tan was released in 2009, and the latest Commercial War Creation was released in 2012.

Since 2007, Renren's game team has successively launched popular web games such as "The Journey of the Cat","Tianshu Qi Tan" and "Renren's Happy Farm". In 2010, Renren's revenue was US$76.535 million, of which online game business revenue was US$34.113 million, accounting for 45%.

In the second half of 2011, Renren Games launched the SLG page game "World in Troubles" and began to port game products to the IOS platform. Since then, due to the large-scale reorganization of AppStore at the end of 2012 and the vacancy of its own resources on the Android platform, corporate revenue has been seriously affected, and the number of employees has dropped sharply from more than 1600 in 2012 to 68 in 2016.

In March 2016, Renren Games completed the demolition of the VIE architecture, and the actual controller of the company was changed from Chen Yizhou to He Chuan. At the same time, investors such as Yuezhao Capital, Hengqin Youth, and Beijing Tianxing were introduced to raise a total of 103 million yuan with a valuation of 357 million yuan and began to plan to list on the New Third Board.

Editor: Nancy