Chang You announced to beta test online game “Tian Long Ba Bu Online” on November 5 in the U.S. market, which has been operating in the Asian region for more than three years, with more than 75 million registered users, while the number of online users reached 910,000 people. U.S. users can visit www.dragonoath.com to download “Tian Long Ba Bu Online” client.

Chang You net IPO (initial public offering) on the Nasdaq market in April, raising 120 million U.S. dollars. On IPO first day its share price soared 25 percent, and the current stock price is higher than the IPO price by 110%. Its net revenues of the third quarter of fiscal year 2009 reached a record high of 68.7 million U.S. dollars, representing a growth of 26% compared to a year earlier, representing an increase of 3% to last quarter.

Chang You network currently operates three online games, and plans to introduce at least another three, all of which games are going to be sold in the North American market.

In October, Chang You network was to become the first Chinese company allowed to use the world’s best solution for game developers- CryENGINE3, and will update its product plans, providing users with a better gaming experience.

CHINICT is Asia’s biggest network-building, communication and brand positioning summit for the world’s fastest-growing and leading information technology enterprises. Franck Nazikian once worked in the United States for a decade in Silicon Valley, working in risk investment, software development, and also worked in Oracle. Franck founded CHINICT 5 years ago.

Franck Nazikian said that China has the world’s entrepreneurial spirit, particularly in the latest two years. He believeed that the next Google, Microsoft would show up in China. His opinion on foreign Internet companies’ failure to enter the Chinese market was that people should meet the needs of Chinese, while understand the relevant policies.
　　
Franck Nazikian believes that next hot spot in China is e-commerce, because the current Chinese payment channels and types are still limited and there is big space for development. On the other hand, he pointed out that the social categories of web pages online games would have development potential.