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Uuzu to Invest RMB 2 Bln on Game Licensing and Promotion

DoNews, 3/27/14

Shanghai-based game developer and operator Uuzu Information Technology recently announced the company's "U+" strategy, by which Uuzu will invest RMB 2 bln over the next 3 years on recruitment, joint product development, licensed game publishing, and increased product marketing to help ensure that the company's games reach their revenue targets. Read More

CSRC Conditionally Approves 4 Gaming Company Acquisitions

Sfw.cn, 2/27/14

The China Securities Regulatory Commission (CSRC) recently announced conditional approval of gaming company-related acquisition plans from four companies, including mobile game developer Ourpalm (300315.SZ), Fuzhou-based umbrella manufacturer Susino (002174.SZ), Chinese telecom equipment manufacturer Datang Telecom (600198.SH), and Guangdong-based animation company Alpha Animation and Culture (002292.SZ). Read More

Uuzu Enters Backdoor Listing Agreement

Shenzhen Stock Exchange, 10/24/13

Fuzhou-based umbrella manufacturer Susino (002174.SZ) has announced that the company intends to acquire a 100% stake in Shanghai-based browser game developer and operator Uuzu Information Technology through share issuances. Read More