Brief Introduction of Chairman

Brief Introduction of Chairman

Lai Chunlin

Hubei Century Network Technology Inc.

Chairman and CEO

Personal Profile:

As the Chairman and CEO of Century Network, Lai Chunlin entered the network maintenance software field in 2000 and founded Hubei Century Network Technology Inc. in 2006. She subsequently launched the "Yiyoo Internet Café Management Platform", which solved a series of pain points about internet café game management, game updates, system and data security and operating system management. By 2008, one out of every ten internet cafes in China had installed Century Network's "Yiyoo Internet Café Management Platform", marking a transformation from "quantity" to "quality" for Century Network. At the end of 2015, Lai Chunlin led Century Network to the capital market, making it the "first internet stock in Hubei", and becoming a shining example of female entrepreneurship in the internet era.

However, with the widespread adoption of mobile internet, internet cafes gradually cooled down. Century Network, always staying a step ahead, sought to pivot. In 2019, Century Network made a significant investment to acquire the game company "Tciplay Interactive Entertainment". This move puzzled outsiders, but they were unaware that Lai had spent two years researching and contemplating this decision. The year following the acquisition, Century Network achieved an operating income of 446 million yuan, an increase of 81.53% year-on-year. Lai, keeping pace with the times, leveraged her forward-thinking strategic vision to complete the acquisition of Tciplay Interactive Entertainment, creating a new engine for profit growth. The company has continued to promote the introduction, publishing, and operation of high-quality IPs, earning widespread acclaim within the industry.

Employing Organization:

Founded in 2006, Hubei Century Network Technology Inc. is a leading pan-entertainment platform in China focused on digital scenes. The company was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange in December 2015 (stock code: 300494), making it the first internet company in Hubei Province to go public. Hubei Century Network has deeply invested in digital entertainment scenes, with business areas covering digital entertainment content, IP and game operation, video and mobile game publishing, game derivative services and internet advertising. It has built an integrated operating system of users, platforms, content, services and has been dedicated to empowering digital scenes with technology and making entertainment more interesting. In recent years, Hubei Century Network has expanded its business steadily. From 2016 to 2024, Hubei Century Network has been nominated as one of the "Top 100 Internet Companies in China" for seven times.

Personal Experience:

In 1998, after graduation, Lai Chunlin began to start a business.

In 2000, Lai Chunlin began to enter the network maintenance software field, independently developing a new generation of network maintenance software - "Yiyoo Internet Café Management Software".

In 2006, she founded Shengtian Information Technology Co., Ltd. and officially launched the "Yiyoo Internet Café Management Platform". With access to over 10,000 internet cafes, she began considering how to monetize this "entry point."

In 2009, Shengtian Information was renamed Century Network. The company expanded from a single software sales model to focus on four core businesses: advertising media, value-added services, game co-operation, and software, fully transforming into an internet entertainment platform.

In 2014, Century Network's sales revenue was approximately 230 million yuan, of which 75% came from advertising and technical services, reaching 174 million yuan. Century Network's advertising business has already covered nearly half of the internet cafes in China.

At the end of 2015, Century Network was listed on the Growth Enterprise Market of Shenzhen Stock Exchange, becoming the first internet company to be listed in Hubei Province. Lai Chunlin led Century Network to the capital market, making it the "first internet stock in Hubei," guiding and promoting the development of the internet industry in Hubei Province and becoming a shining example of female entrepreneurship in the internet era.

From 2016 to 2019, Century Network was consecutively listed in the "Top 100 Chinese Internet Companies" for four years, with annual revenue exceeding 600 million yuan in 2019.

In January 2021, Lai Chunlin completed the acquisition of Tciplay Interactive Entertainment, continuing to promote the introduction, publishing, and operation of high-quality IPs. This move created a new engine for profit growth and earned widespread acclaim within the industry.

In 2022, Century Network completed a 486 million yuan fixed increase project, further improving the company's asset quality, debt repayment ability, and risk resistance.

Main Honors:

March 20, 2012, Ms. Lai Chunlin was awarded the title of "Top Ten Outstanding Entrepreneurs in Wuhan in the Ninth Session."

April 16, 2015, Ms. Lai Chunlin was awarded "Annual Model Figure of the Chinese Internet Service Industry."

September 6, 2017, Ms. Lai Chunlin was awarded the "China Youth Entrepreneurship Award" Pioneer Award.

January 9, 2017, Ms. Lai Chunlin was awarded the title of "First Annual Optics Valley New Economy Annual Figure of 2016."

March 6, 2017, CEO of Century Network, Lai Chunlin, was awarded the title of "Wuhan March 8th Red Banner Holder."

August 3, 2017, Lai Chunlin was honored as an "Outstanding Private Entrepreneur in Donghu High-tech Zone."

November 9, 2017, Ms. Lai Chunlin was awarded the "Top Ten Economic Figures of the Central China Region in 2017" award.

February 22, 2019, Ms. Lai Chunlin was awarded the "Optics Valley 30 Years of Innovation 30 People" award.

December 18, 2020, Ms. Lai Chunlin was awarded the title of "Anti-epidemic Prevention Model Figure" for the year 2020.

January 4, 2022, Ms. Lai Chunlin was awarded the "Golden Quality" Outstanding Entrepreneur Award of the 2021 Listed Company.

Social Activities:

On January 27, 2020, Lai Chunlin donated 1 million yuan to the Hubei Provincial Red Cross for the purchase of protective clothing, goggles, and other protective supplies for frontline designated hospitals. Subsequently, more than 500 employees voluntarily donated a total of more than 340,000 yuan, designated to help the Wuchang Shouyi Hospital, entrusting it to purchase protective supplies to assist doctors at designated hospitals in Wuhan.

On October 26, 2020, under the guidance of the Hubei Provincial Cyberspace Affairs Office, a donation of 200,000 yuan was made to establish a network security experience classroom in Zaoyang City, Hubei Province, and Bao Kang County, Xiangyang City, to promote "educational poverty alleviation."

On December 26, 2020, Century Network established a special fund and donated 1 million yuan to the Hubei Women and Children's Development Foundation to carry out support and related activities for women and children in difficult situations within Hubei Province.