Recently, the Ministry of Commerce announced the list of National Key Cultural Export Enterprises and Projects of the year 2019-2020. Through the initial provincial examination, professional third-party review and the recheck of the department concerned, Suzhou FriendTimes Inc. (hereinafter referred to as FriendTimes)won the honor of the National Key Cultural Export Enterprise of the year 2019-2020.

To put the guiding principles of the 19th National Congress of the Communist Party of China, the major decisions and arrangements of the Central Committee of the Communist of China and the State Council fully into effect, and to boost the quality development of international cultural trade, the National Key Cultural Export Enterprises are jointly reviewed by the Ministry of Commerce, the Publicity Department of the Communist Party of China, the Ministry of Culture and Tourism, and the State Administration of Radio, Film and Television. It is reported that 335 enterprises were chosen as the national key cultural export enterprises and 32 of them are in Jiangsu Province. FriendTimes, as an emerging Internet cultural and innovative enterprise, is also listed and it is the second time for it to win the honor. It is of great importance in promoting the brand-building of our enterprise, enhancing competitiveness within the industry and expanding our overseas market.

After the founding of FriendTimes, we are gradually getting momentum in the female-oriented market. With excellent mobile games, great research and operating teams and aulic-themed mobile games, we've earned a good reputation and won a great many customers. In the future, FriendTimes will continually optimize our development strategy to be more diversified and explore new themes and markets and develop more ACG games.

After years of hard work, FriendTimes has achieved complete competitiveness in product research and development, product operating and innovations with numerous technical experts for research and development, overseas operating talents and other excellent staff. While gaining a foothold in the domestic market, FriendTimes is making efforts to expand its overseas markets, to provide overseas customers with more high-quality products, and to export ancient Chinese culture and promote cultural exchanges.

Besides, FriendTimes's being listed as one of the national key cultural export enterprises of the year 2019-2020 is the recognition and affirmation of the government and the leaders of our Party on the role we've played and on the cultural exchange work we've done in the overseas markets. We will take this opportunity to make breakthroughs in differentiated marketing and brand competitiveness. We will warmly respond to the Belt and Road Initiative and strongly support the development of trades in cultural services and make more contributions to cultural export. Meanwhile, we'll also keep improving our independent innovation capability, putting innovation-driven development into practice and offer more original and great mobile games to the customers around the world.