- CEO
- Fei Xie
- Full Time Employees
- 6,016
- Sector
- Technology services
- Industry
- Packaged software
- Address
- No. 66, Yueai Road Shanghai SH China 200120
- IPO Date
- Jul 12, 2011
- Business
- Zhejiang Century Huatong Group Co., Ltd. (002602.SZ) operates as a diversified technology conglomerate primarily engaged in internet gaming, automotive parts manufacturing, and artificial intelligence cloud data services in China and internationally. Founded in 2005 and headquartered in Shaoxing, Zhejiang Province, China, the company manufactures and sells automotive plastic parts and metal stamping parts, including components for engine cooling, heating ventilation and air conditioning, lighting, interior and exterior systems, and safety systems; develops, operates, licenses, and invests in internet games through subsidiaries such as Shengqu Games, DianDian Interactive (also known as Pointdot Interactive), Tianyou Software, Qiku Network, and Zhangyou Technology, featuring blockbuster titles like Whiteout Survival, Kingshot, Endless Winter, Family Farm Adventure, and long-standing IPs including Legend of Blood and Dragon Valley; and provides internet data center (IDC) services, equipment leasing, AI computing power centers, government clouds, industrial park development, 5G edge computing, and GPU supply chains via its Shiji Longteng unit. Its gaming portfolio spans over 100 active products with more than 30 billion cumulative global registered users across 200+ countries, while automotive operations serve domestic and export markets and cloud data supports digital infrastructure initiatives.
The company transitioned from automotive roots through aggressive expansion into gaming, highlighted by its 2019 acquisition of Shengqu Games (formerly Shanda Games) for CNY 29.8 billion, part of over $5.5 billion in total M&A deals that positioned it as China's second-highest-grossing game publisher. Recent developments include robust 2024 financials with revenue of CNY 22.62 billion, up 70.3% year-over-year, driven by gaming contributions reaching 82% of revenue, particularly DianDian Interactive's CNY 15 billion topline (155% growth) from overseas SLG hits like Whiteout Survival topping global income charts; Q1 2025 revenue surged 91.1% to CNY 8.145 billion with net profit more than doubling to CNY 1.346 billion and gross margin at 69.4%. In November 2025, it announced a CNY 1 billion share buyback program at up to CNY 28.77 per share to reduce registered capital, alongside resolutions of prior regulatory issues including audit qualifications and penalties, enabling potential removal of its stock risk warning (ST status); it also established an AI committee in October 2025 to accelerate AI integration across gaming development (boosting art efficiency 60-80%) and IDC operations, with Tencent as a key shareholder supporting strategic growth.