CHLLF - China Literature Limited

Other OTC - Other OTC Delayed Price. Currency in USD

China Literature Limited

No. 690 Bi Bo Road
Block 6 Pudong XinQu
Shanghai
China

http://ir.yuewen.com

SectorCommunication Services
IndustryInternet Content & Information
Full Time Employees1,900

Key Executives

NameTitlePayExercisedYear Born
Mr. Wenhui WuCo-CEO & Exec. DirectorN/AN/A1978
Mr. Xiaodong LiangCo-CEO & Exec. DirectorN/AN/A1977
Mr. Xuesong ShangPresN/AN/A1974
Mr. Jincheng ZhaoGroup GM of Investment & Joint Company Sec.N/AN/AN/A
Ms. Maggie ZhouHead of Capital Markets & Investor RelationsN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. The company's flagship product is QQ Reading, a unified mobile content aggregation and distribution platform. As of December 31, 2018, its library featured 7.7 million writers and 11.2 million works of literature, including 10.7 million original literary works created by writers on its platform, 350 thousand works that are sourced from third-party platforms, and 200 thousand e-books. It is also involved in the self-operated channels business on partner distribution platforms. In addition, the company licenses the content to third-party partners, such as Baidu, Sogou, JD.com, and Xiaomi Duokan for distribution, as well as offers online paid reading and content adaptations into various entertainment formats. Further, it provides reading, copyright commercialization, and writer cultivation and brokerage services; and operates text work reading and related open platform through technology methods and digital media, including personal computers, Internet, and mobile network. Additionally, the company engages in the production and distribution of television series, Web series, and films; licensing and distribution of film and television properties; licensing copyrights; sale of physical books; and operation of in-house online games, etc. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China. China Literature Limited is a subsidiary of Tencent Holdings Limited.

Corporate Governance

China Literature Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.