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Tencent Joint Venture

In September 2013, the Group started our co-operation with Tencent Holdings Limited (the shares of which are listed on the Stock Exchange (stock code: 700), the “Tencent Group”). The principal asset of the co-operation is 50% interest in DD Tencent Company Limited whereas the remaining 50% is held by Tencent Group. Each of the Group and Tencent Group has contributed US$1.5 million into this joint venture.