- Business
- NetDragon Websoft Holdings Limited (HKSE: 0777), founded in 1999 and headquartered in Fuzhou, China, is a global leader in online community development, primarily engaged in gaming and application services, education technology solutions, and property development. The company develops, publishes, and operates online and mobile games including evergreen titles such as Eudemons Online, Conquer Online, Heroes Evolved, Zero Online, Way of the Five, Under Oath, and JumpStart; application services encompassing internet and technology-enabled platforms like the former 17173.com gaming portal and 91 Wireless app store; and a comprehensive portfolio of education hardware, software, platforms, and resources integrating AI, VR, AR, 3D, and big data technologies, such as Future Lab, Edmodo Classroom, 101 Smart Classroom, 101 VR Immersion Classroom, Smart Space Solution, Integrated Vocational Education "Going Global" Solution, ActivPanel 10, Promethean ActivSuite, and the EDA Platform. Its subsidiaries Promethean and Edmodo serve K-12, higher, vocational, and lifelong learning markets worldwide; operations span over 190 countries and regions including China, the United States, Europe, Asia, Africa, and the Middle East, with a workforce of approximately 4,600 employees focused on R&D. Recent developments include Mynd.ai's completion of the acquisition of award-winning AI voice and remote control technology in September 2025; strategic alliances such as Cherrypicks with Zhongke WengAI (Wenge) launching AI applications X-Agent, WiSky, and YoYa for global markets; partnerships with Cameroon's MINESEC supported by the World Bank, Thailand's MHESI for AI education platforms, Open University Malaysia, and The Hong Kong Polytechnic University; launches of new titles like Legend of Eudemons on mini-game platforms and Code-MY beta testing; and a shareholder return program distributing no less than HKD600 million over the next 12 months via dividends and repurchases, alongside 16% operating expense reductions as of the 2025 interim results.