Marbridge Daily

<- February 08, 2012 ->

Mobile and Online Entertainment Firm Longmaster to IPO

China Business News, 2/07/12

Guiyang-based telecom value-added services and online entertainment provider Longmaster Information & Technology Co., Ltd. has announced it will issue 22.11 mln shares online at RMB 22.44 each in its IPO on February 8, raising up to RMB 300.7 mln. The company will list on the Shenzhen Stock Exchange under the ticker symbol 300288.

Longmaster currently offers two main services:

Telephone Bump - A telephone voice value-added service that allows users to find other users for friend-making, chatting, and entertainment.

Longmaster SNS - A social networking service that allows users to simply click a button (i.e. no download of any software clients needed) to begin online chatting with one or more other users. In the future the company will also launch personal photo album, voice microblog, and web game applications.

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