SHANGHAI, China, Dec. 19 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA), one of China’s leading online game developers and operators, announced today that its Chairman, Shi Yuzhu has been named one of the Most Influential Entrepreneurs of 2007, during the recent "China Entrepreneur Summit 2007" organized by China Entrepreneur Magazine. This award was given in recognition of Mr. Shi’s in-depth understanding of the online game market and the successful implementation of his marketing strategies.
The winner list also included Ren Zhengfei, President of Huawei, Jack Ma, Chairman of Alibaba, Yang Yuanqing, Chairman of Lenovo, Wang Jianzhou, President of China Mobile, Yu Minhong, President of New Oriental.
China Entrepreneur Magazine is known as one of the most trustworthy business magazines in China. The definition of influential entrepreneur used in the ranking process includes the ability of the entrepreneur to influence industry, capital markets, society and people.
Earlier in 2007, Mr. Shi had won a series of awards from various authoritative media outlets in China, including the award for the 2007 Top Ten Influential Elites by Nanfang Daily; 2007 Mainland China New Tycoon by Nanfang Weekend in recognition for his contribution to private enterprises and 2007 CCTV China People Award, of which Mr. Shi was nominated jointly by Sina.com, Nanfang People Weekly and China Youth Daily.
About Giant Interactive Group Inc.
Giant Interactive Group Inc. (NYSE: GA) is one of China’s leading online game developers and operators in terms of revenues, focusing on massively multiplayer online role playing games. Giant’s game, ZT Online, was voted the most popular online game in China in 2006 according to International Data Corporation. Giant has three additional online games that it intends to commercially launch, including ZT Online PTP, Giant Online and King of Kings III. Giant has built a nationwide distribution network to sell prepaid game cards and game points required to play its games, which as of September 30, 2007, consisted of over 200 distributors, and reached over 116,500 retail outlets, including internet cafes, software stores, supermarkets, bookstores, newspaper stands and convenience stores located throughout China. For more information, please visit Giant Interactive Group on the web at http://www.giantig.com .
Forward-looking Statements
This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, as outlined under "Risk Factors" beginning on page 12 of our prospectus filed with the Securities and Exchange Commission on November 1, 2007. We undertake no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. Such information speaks only as of the date of this release.
For more information, please contact:
Investor Contact:
Eric He, CFO
Giant Interactive Group Inc.
Tel: +86-21-6451-5001
Investor Relations (US):
Mahmoud Siddig
Taylor Rafferty
Tel: +1-212-889-4350
Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Media Contact:
John Dooley
Taylor Rafferty
Tel: +1-212-889-4350
