中国手游娱乐集团有限公司宣布发行业务部门重组及人事变动

中国手游娱乐集团有限公司宣布发行业务部门重组及人事变动  香港，2014年6月20日—中国手游娱乐集团有限公司（“中国手游”或“公司”）（纳斯达克股票代码：CMGE），中国最大的手机游戏发行商兼领先的手机游戏开发商，今天宣布，为精简组织架构，提升运营效率，从而使得公司能够更好地实现长期地发展，公司就其游戏发行业务线已经展开了部门重组。  
我公司自功能机游戏向智能机游戏转型以来，坚持自主研发、发行和平台战略，并取得了快速的发展，从而实现了向智能机游戏的成功转型。在2013年10月，我公司正式任命应书岭为总裁（分管发行业务线）。发行业务线在非常短的时间内组建了分布在北京、上海、深圳和成都超过700人的发行团队。在发行业务继续快速发展的同时，大大增加了跨地区团队管理和业务管理的复杂度；出现部分资源重复建设，利用率不高的情况。为应对国内日益激烈的手机游戏发行业务竞争，基于沟通高效化、产品精品化和运营专业化的考虑，CEO肖健决定对发行业务线的运转机制做出调整，并于2014年6月19日针对发行业务线的9名管理层作出免职调整，值得强调的是，该次调整人员只为中国手游发行业务线部份运营人员，目前相关人员仍在公司待命，等待CEO肖健的后续安排。此次的调整不对公司业务造成任何的损失，并将会大大提升发行业务团队的执行效率及资源最大化的利用，进一步巩固和强化中国手游在手游市场的领导地位。   
针对此次调整的相关报道，被媒体和市场过度解读、包括对员工不合规行为的指控，导致我公司股价不正常波动。我公司就此事召开董事会，决定成立以我公司独立董事谭昌文先生为主席的独立第三方调查委员会就媒体传闻展开深入调查，并将于近期向外界公布调查结果。
China Mobile Games and Entertainment Group Limited Announces Organizational Restructuring and Employee Changes in Game Publishing Business HONG KONG, June 20, 2014—China Mobile Games and Entertainment Group Limited (“CMGE” or the “Company”) (NASDAQ: CMGE), the largest publisher and a leading developer of mobile games in China, today announces the implementation of organizational restructuring and personnel changes in its game publishing business.  The purpose of the restructuring is to streamline the Company’s operations to better position it for profitable long-term growth.
The Company has made the transition from a feature phone game developer to a mobile game publisher and developing platform, leading to rapid growth.  Since Mr. Shuling Ying was asked to oversee the Company’s publishing business in October 2013, its publishing business has grown significantly, and now has teams of over 700 employees located in Beijing, Shanghai, Shenzhen and Chengdu.  However, the Company’s rapid growth has also created operational challenges that it must carefully manage, including redundancies within its businesses which have resulted in inefficiencies. To make the Company more efficient and competitive and to continue producing high quality and innovative products, and to ensure the Company is positioned to be profitable and achieve sustainable growth, the chief executive officer has been tasked with conducting organizational reviews and structural realignments.  As part of the organizational restructuring of its publishing business, on June 19, 2014 the Company removed nine employees from their positions in the publishing business, including Mr. Ying.  The Company notes that these employees are awaiting reassignments within the Company.  The Company does not expect this restructuring, including the personnel changes, to have a material adverse impact on the Company’s overall operations.  The Company expects the restructuring will enhance its productivity, helping to strengthen its leading market position. The Company is aware of market speculations about the reasons for the restructuring, including allegations of employee misconduct, which have led to significant fluctuations in its ADS price.  The Company announces that today its board of directors has authorized an independent committee, consisting solely of independent directors, to look into the market speculations.  In order to provide a high level of transparency to its shareholders, the Company will update shareholders on the results of its findings.
About CMGE 
CMGE is the largest publisher and a leading developer of mobile games in China with integrated capabilities across the mobile game value chain. Its fully integrated capabilities include the development, licensing, publishing, distribution and operation of mobile games, primarily in China. Its social games are mainly developed for Android and iOS-based smartphones. CMGE’s extensive distribution network includes its proprietary Game Center application, handset pre-installations, application stores and web platforms and mobile network operators. The offices are in Guangzhou, Shenzhen, Beijing, Chengdu, Shanghai and Hong Kong. The Company’s stock is traded on NASDAQ under the symbol CMGE. For more corporate and product information, please visit CMGE’s website at http://www.cmge.com. 
Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. CMGE may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about CMGE’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: CMGE’s growth strategies as well as business plans; its future development, results of operations and financial condition; its ability to continue to develop new and attractive products and services; its ability to continue to develop new technologies or upgrade its existing technologies; its ability to attract and retain users and customers and further enhance its brand recognition; the expected growth of and trends in the mobile game industry in China; PRC governmental policies and regulations relating to the mobile game industry in China; and competition in the mobile game industry. Further information regarding these and other risks is included in CMGE’s annual report on Form 20-F for the year ended December 31, 2013 and other documents filed with the Securities and Exchange Commission.  All information provided in this press release and in the attachments is as of the date of the press release, and CMGE undertakes no duty to update such information, except as required under applicable law. 
For investor and media inquiries, please contact: China Mobile Games and Entertainment Group Limited Tel: +852 2700 6168 E-mail: ir@cmge.com