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V1 Group 2018 AGM Was Successfully Held and All the Resolutions Were Passed

2018-05-21 21:17 1108

- Implements "Digital + New Culture and Entertainment" Strategy

- Leverages On Cultural, Sports and Game Markets

HONG KONG, May 21, 2018 /PRNewswire/ -- V1 Group Limited ("V1 Group" or the "Group"; Stock code: 82.HK) announced its annual general meeting ("AGM") has been held at The Landmark Mandarin Oriental. The Board is pleased to announce that all the Resolutions were passed by the Shareholders.

V1 Group, said, "We are very pleased that AGM was successfully held. The shareholders approved all of the proposals. It shows that the Group has gained a high degree of trust and support from shareholders. Meanwhile, AGM has provided an important platform for interaction and communication between the Group and its shareholders. Transparent communication not only helps to form a closer relationship between shareholders and the Group, but will also allow the Group to better understand the concerns and expectations of shareholders, thereby becoming further motivated by their concerns."

The integration between the Internet and the real economy has become an emerging area of development. Currently, V1 Group successfully transformed from the new media industry group into a new economy in the internet industry, forming a strategic layout with media as the lead, financial investment as the driving force, and "Digital + New Culture and Entertainment" as its core businesses. The strategy of "Digital + New Culture and Entertainment" is based on advanced digital technology to deepen the three professional fields of new media, new culture, and new sports. Looking ahead, V1 Group will focus on the trillion-dollar cultural, sports and game markets, and new culture and entertainment will become V1 Group's business focus, so that it can provide excellent cultural and entertainment services for users, strive to enhance the Group's operating performance and thus bring greater value to shareholders.

About V1 Group Limited

V1 Group was established in 2005, listed on the Main Board of Hong Kong Stock Exchange in 2006, became the first Chinese video media enterprise listed in Hong Kong. V1 Group Limited was named the "China's Top 100 Internet Companies" three years in a row from year 2014 to 2016. After eleven years of rapid development, V1 Group's main businesses have fully covered the Internet and mobile terminals. In 2016, V1 Group successfully transformed from the new media industry group into a new economy in the internet industry, forming a strategic layout with media as the lead, financial investment as the driving force, and "Digital + New Culture and Entertainment" as its core businesses.

V1 Group Limited IR website: http://ir.v1.cn

Source: V1 Group Limited
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