The Group owns Asia’s largest R&D team for big amusement park leaded by SEGA Japan. The Group’s park brand CA SEGA JOYPOLIS (凯时娱乐下载) has a proven track record of more than 23 years, and its park are located in Japan, as well as Shanghai, Qingdao and various major cities in the PRC. The Group is recognized by China Information Industry Trade Association, Ministry of Industry and Information Technology to become the exclusive organizer and host of VR eSports Tournament in World Conference on VR Industry. The Group also links up leading animation or VR game resources from Germany, Japan, South Korea, Europe and the United States. The Group HAS self-owned IPs such as China’s Top 10 Cartoon Character – “Hanbagui”, and “Violet”, the first virtual idol in China; its owned VR game “Huang Yangjie Battle (黃洋界保衛戰)” also got awards by China Information Industry Trade Association, Ministry of Industry and Information Technology.

On Oct 9, 2019, the board of directors proposed to change the company name from “China Animation Characters Company Limited” to “CA Cultural Technology Group Limited”, so to better reflect the current business status and development strategy with a more appropriate corporate image and identity which will benefit the Company’s business development and is in the best interests of the Company and Shareholders as a whole. The above proposal has been approved in full at the extraordinary general meeting on 21 November 2019 with effect from 20 January 2020.