China Literature Ltd

China Literature Limited functions as a leading enterprise in digital publishing and online literature within the People's Republic of China. The company's core operations revolve around its comprehensive online literature platform, notably through its flagship platforms like QQ Reading and Qidian. It actively monetizes its vast library of intellectual property (IP) by transforming its narratives into diverse entertainment forms. This includes adapting stories into television series, web series, and films through its production arm, New Classics Media. The company also extends its reach into the gaming sector by operating in-house online games. Beyond adaptations, China Literature generates revenue from various avenues: offering online paid reading services, managing its content across various partner distribution channels, selling physical books, licensing its content and film/television properties to external partners, and providing robust copyright commercialization services. Furthermore, it offers comprehensive support for writers, including cultivation and brokerage services. The company delivers its literary offerings and manages its open content platform across a wide array of digital mediums, from personal computers to the internet and mobile devices. Headquartered in Shanghai, China, and established in 2002, China Literature Limited operates as a subsidiary of Tencent Holdings Limited.