7/07/2011

Tencent hk $900 million purchase jinshan software program was 15.68% equity stake

Gold mountain app (03888.) and HK (00700 HK) tencent the two announced, the two sides have reached a strategic cost and cooperation, tencent by means of the kingsoft shareholders' equity move cost jinshan app 15.68% equity, at exactly the exact time, tencent strategic cost below the internet safety help operation jinshan kingsoft internet security, a subsidiary using the company. The two sides will create long-term strategic relationship, to acquire a individual reputable online community safety solutions, and in app application and film games available area additional extensive, and additional deep cooperation.

Trade consists of founder and executive director of kingsoft Mr Kau pak kwan of golden hill app non-executive director Mr. ZhangXuanLong kingsoft a complete of 15.68% move pricing, tencent holdings to hk $892 million; At exactly the exact time, tencent also by means of the strategic cost help its operation kingsoft internet safety help of internet safety business subsidiary jinshan, no amount of disclosure.

Kau pak kwan kingsoft founder, stated "as a golden hill software, founder using the kingsoft in the direction of progress of lots of your time and work into. quickly after a relatively prolonged time period of pondering and investigation, I choose to introduce a can of kingsoft synergy using a strategic partner, make kingsoft hold out additional value. quickly after a thorough investigation, evaluation and cautious balance, I believe that tencent is quickly after the company."

Kingsoft's new chairman LeiJunZe said, "golden hill would want to available arms, and marketplace major business for cooperation and common will industry."

The board of directors using the business tencent chairman and chief executive officer MaHuaTeng said, "we are unbelievably pleased to develop to possess the ability to accomplish with golden hill strategic partnerships. This strategic cooperation profoundly proved we are committed to China internet nets create healthful and risk-free surroundings commitment. Jinshan internet safety business has 14 many years safety engineering and operation experience, has remarkable anti-virus engineering and talents reserves. Golden hill app and tencent two business engineering and marketplace with increased level of complementary, help between the two sides using the strategic cooperation with each and every other safety engineering and online community operation advantages, for chinese language internet people to have a additional reputable online community safety companies and additional protected internet experience."


Kingsoft internet safety chief executive officer using the company, "said FuCheng kingsoft internet safety business remains to be insisting on mandate is for chinese language internet people to acquire a safe, reputable internet space, we are ordinarily insisting on internet people have independence of choice, allow the safety and reliability using the product or help concept. Now online community safety surroundings is bad, and internet people experience terrific risk, tencent will make getting a strategic cost jinshan internet safety business can create additional methods in products and new and safety engineering research, for internet people to provide additional rich, additional reputable safety solutions. We create in much lower than a year's time, by means of the technological innovation, the internet reconstruction strategy, to recognize the terrific amount growth. The potential jinshan internet safety business will require advantage of the available platform, tencent additional explore the individual group. We bodily appearance forward to and tencent hand in hand for China's internet acquire additional risk-free environment, in the direction of individual additional more experienced safety choose straw."

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