Forgame Receives Emerging Internet Finance Company Merit Award

Jianlicai Praised for Its Huge Growth Potential

HONG KONG, Dec. 19, 2017 /PRNewswire/ -- Forgame Holdings Limited ("Forgame" or the "Group") (stock code: 484), a leading developer and publisher of mobile games, webgames and a FinTech company in the PRC, is pleased to announce that it received the 2017 "Internet Finance Award - Merit Award in the Emerging Internet Finance Company Category" issued by the Internet Professional Association of Hong Kong (the "Award"). The award is presented in recognition of Forgame's developments and excellent achievements in the FinTech industry in 2017 by the Hong Kong FinTech community. 

The award ceremony, together with the Fourth Internet Financial Forum, was held on December 15th at the Hong Kong Convention and Exhibition Center, hosted by the Internet Professional Association, and co-organized by the Shenzhen Internet Finance Association, Singapore Fintech Association and The Finlab. This ceremony is part of a series of 2017 Hong Kong International Entrepreneurs Festivals. The "Internet Finance Award" was established to identify outstanding internet financial institutions from China and all over the world to promote technological innovation in financial institutions and commend FinTech pioneers for their excellence. The Internet Finance Award also factors in cross-border cooperation, such as between Shenzhen and Hong Kong, so as to encourage more creativity and breakthrough thinking, and promote internet finance from the perspective of the new economy across different sectors.

Distinguished guests attending the event included: Mr. Joseph Chan Ho-lim, the Under Secretary for Financial Services and the Treasury Bureau of the Hong Kong Government; Mr. Mingchun Zhu, Secretary General of Guangdong Internet Finance Association; Professor K.C. Chan, Adjunct Professor and Senior Advisor to the Dean at HKUST Business School; Mr. Thomas Cheung, President of the Hong Kong Blockchain Society; and Mr. Martin Syed, FinTech product expert at WeBank. Other award recipients include the Shenzhen Branch of the Industrial and Commercial Bank of China, Ping An Bank, as well as Shenzhen-based online electronic signature platform Fadada.com and online credit platform Touna.cn.

During the year, Forgame successfully acquired the smart wealth management platform Jianlicai and was able to advance substantially in terms of business development. As of the date of this press release, Jianlicai has accumulated over 8 million registered users and a cumulative transaction volume of more than RMB78 billion. The Group has also announced a positive profit alert and is expected to record more than RMB56 million in net profit for the second half of 2017. Receiving the Award from the Hong Kong FinTech community is very encouraging to the Group as it highlights the Group's successes in 2017 and also confirms the positive effects of its transformation plan. As a Hong Kong-listed company, Forgame is honored to have the opportunity to exchange ideas with industry leaders in Hong Kong at the conference, which in turn allows the Group to stay abreast of the forefront and trends of Hong Kong's FinTech development. Forgame will continue to seize growth opportunities, while leveraging Hong Kong's advantages as a financial center to accelerate business development and ultimately create greater value for shareholders.

About Forgame Holdings Limited (stock code: 484)

Established in 2009 and listed on the Hong Kong Stock Exchange on 3 October 2013, Forgame Holdings Limited is a leading company of mobile games and webgames in China, and is now speeding up the development of FinTech business. 

Forgame aims to create an inclusive financial ecosystem and become one of the most influential FinTech companies in China. In December 2016, the Group obtained a license from the government to carry out internet micro-lending business in the PRC. In August 2017, the Group acquired China's leading FinTech platform Jianlicai. Group is endeavored to further strengthen the presence in the FinTech market in the future.