China Literature Limited Announces Changes to its Management Team

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China Literature Limited ("China Literature" or "the Company," stock code: 0772), a prominent online platform for the incubation of literature and intellectual property in China, announced today that Mr Cheng Wu has resigned from his roles as the company's CEO and executive director due to a change in his personal life plans. In the interim, the Board of Directors has chosen Mr Hou Xiaonan, the Company's President, as CEO. He will be in charge of the Company's operations and growth as well as the ongoing cooperation with business partners, such as Tencent, throughout the sector.

As CEO and President of China Literature, respectively, Mr. Cheng Wu and Mr. Hou Xiaonan joined the organisation in April 2020. Since then, they have spearheaded numerous projects to improve China Literature's platform, organisation, and content. They have also crystallised the company's vision and mission under the new "China Literature Plus" strategy, paving the way for the company's future expansion. Because of its emphasis on top-notch content and successful anti-piracy methods, China Literature's online reading ecosystem has significantly improved. The company has made significant strides in its IP operation businesses as well by bolstering its partnerships with upstream and downstream partners to support the conversion of a variety of high-quality online literary works into other media formats, such as comic books, animation, film, TV and web series, and games. Joy of Life (), My Heroic Husband (), Battle Through the Heavens (), and Soul Land () are notable examples of IPs that have been adapted.

Source prnewswire

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