Third Quarterly Report 2013

IGG Inc. experienced a period of significant financial expansion during the first nine months of 2013, characterized by a 68.2 percent increase in revenue to US$51.3 million and a 74.2 percent rise in adjusted profit to US$11.5 million. This growth trajectory was primarily fueled by a strategic pivot toward mobile game development, most notably the successful market introduction of Castle Clash. By the third quarter of 2013, these efforts solidified the company’s global standing, earning it a position among the top nine game operators on the Google Play platform.

The company’s operational evolution was further marked by its listing on the Growth Enterprise Market on October 18, 2013, and the successful conversion of all outstanding redeemable convertible preferred shares into ordinary shares earlier in May. These milestones reflect a broader commitment to strengthening partnerships with major digital ecosystems, including Apple, Google, and Facebook. While the board opted against a dividend payment for this period, the company maintained a focus on long-term portfolio expansion and the implementation of structured share option schemes to incentivize performance.

Corporate governance remained a central priority, with the company adhering to most regulatory standards. Although the roles of chairman and CEO are currently consolidated under Mr. Zongjian Cai, the firm maintains rigorous oversight through its audit committee, which reviewed and approved all unaudited financial statements. With no reported competing business interests or unauthorized securities transactions during this timeframe, the company demonstrated a stable internal structure as it transitioned into its post-listing phase. These developments collectively underscore a robust transition toward mobile-centric growth and enhanced global market penetration.