EEI Statement on the U.S. Department of Energy’s Energy Grid Reliability Study

WASHINGTON, Aug. 23, 2017 /PRNewswire-USNewswire/ -- Edison Electric Institute (EEI) President Tom Kuhn today issued the following statement on the U.S. Department of Energy's energy grid reliability study.

"EEI commends the U.S. Department of Energy (DOE) for undertaking this study to examine key factors that can enhance the resilience of the energy grid, our nation's most critical infrastructure.

"While we are still thoroughly reviewing the study, EEI has long advocated that our customers are best served by public policies that promote a balanced and diverse energy mix, which includes both traditional and renewable energy sources, and that also recognize the vital role 24/7 energy sources play in sustaining a secure, reliable, and resilient energy grid.

"We also believe it is important to value investments in more robust infrastructure, while maintaining a diverse energy mix that eliminates single points of failure. Whether to limit impacts from inevitable storms or natural events or to prepare for malicious cyber or physical attacks, supporting a resilient energy grid is an investment in national and economic security.

"As always, we look forward to working with DOE and the Administration to ensure the reliable delivery of electricity to all customers."

EEI is the association that represents all U.S. investor-owned electric companies. Our members provide electricity for 220 million Americans, and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 60 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members. Organized in 1933, EEI provides public policy leadership, strategic business intelligence, and essential conferences and forums.


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2017 Wella TrendVision Award Held in Guangzhou, China

GUANGZHOU, China, Aug. 23, 2017 /PRNewswire/ -- The China Final of 2017 Wella TrendVision Award known as the "Hair Oscars" was held on August 22 in Guangzhou. 2017 Wella TrendVision Award gathered China's top hairstylists to bring a "Ultra Contouring" visual feast with bold creation and unlimited inspiration and create an annual summit in China's hair fashion industry again.

The 2017 Wella TrendVision Award is the 20th competition in China. More than 1,000 Chinese top hairstylists were invited to gather in the grand final ceremony to witness 24 finalists compete for the title of China champion. With the theme of 2017 Wella TrendVision Award, 2017 International Spring/Summer Trend of Wella Professionals - "Ultra Contouring" enlightened the audience about the trend and how it was being interpreted by the 24 finalists. The "Ultra Contouring" International Spring/Summer Trend of Wella Professionals is all about bold attempt of light and shadow for the purpose of creating personalized style that surmounts face shape constraints through combination of color and hairstyle and by using contouring technology to realize super-personalized optical illusion.

As the communication platform for the leaders from different industries, the cross boundary forum at the Wella TrendVision Award invited the hairstyle trendmaster and fearless hairstyle founder Mr. Robert Lobetta who returned to Sebastian Professionals, to come to the final to show his art, fashion and hairdressing creation charm. Mr. Lobetta is highly recognized and respected by all the colleagues and peers in the hairdressing industry with his perfect art background and forward-looking fashion insight. Wella TrendVision Award truly integrates China's hairdressing industry into the top international fashion trend to jointly promote collision of the ideas about industry trends.

As brand new highlight of 2017 Wella TrendVision Award, Wella Professionals set Wella Family Award in the final for commending the hairdressing peers who have worked together with Wella on the frontline of China's hairdressing industry. Wella has united the peers in the hairdressing industry from all over China with its actions to create jointly the new height of China's hairdressing fashion industry.

As the climax of Wella TrendVision Award every year, the annual Autumn/Winter International Trend was also released in the final. The theme of 2017 Wella Professionals Autumn/Winter Trend is The New Norm Collection, and hand-crafted hair techniques in color and cut from the past, are the season's hair inspiration for forward looks: giving you the new norm. See the light: Within the looks Wella Professionals creates a deliberate random play of light and dark, soft and dense color. In synergy with cut, style and texture, ILLUMINA COLOR accentuates every type of cut and texture that lives in the New Norm world. While providing irresistible hair quality.

This hairdressing grand event provided a good opportunity for liberating heart and showing ability. Through rounds of fierce competition, 24 hairdressing elites completed a challenge for self-personality blooming with bold creation and persistent belief and with "color" shining brilliantly in this "Ultra Contouring" visual feast. At 2017 Wella Trend Award, Ms Selina Li, the General Manager of Coty Professional Beauty Coty China was present at the event to announce the final winners for the distinguished guests: The Champaign of Creative Vision was Shaobo Su from Apple Hairstyle and the Champaign of Color Creation was Zhengyuan Huang from TIFFANY Hairstyle.

The Champion of 2017 Wella TrendVision Award were born finally through a series of selections of works collection, internet audition and voting, live internet broadcasting of rematch and voting. They will represent China's hairdressing industry in London, England in this October to participate in the global final of 2017 Wella TrendVision Award to once again proudly show the top forces of China's hairdressing and fashion industry.

About Coty Inc.

Coty is one of the world's largest beauty companies with approximately $9 billion in revenue, with a purpose to celebrate and liberate the diversity of consumers' beauty. Its strong entrepreneurial heritage has created an iconic portfolio of leading beauty brands. Coty is the global leader in fragrance, a strong number two in professional salon hair color & styling, and number three in color cosmetics. Coty operates three divisions - Coty Consumer Beauty, which is focused on color cosmetics, retail hair coloring and styling products, body care and mass fragrances sold primarily in the mass retail channels with brands such as COVERGIRL, Max Factor and Rimmel; Coty Luxury, which is focused on prestige fragrances and skincare with brands such as Calvin Klein, Marc Jacobs, Hugo Boss, Gucci and philosophy; and Coty Professional Beauty, which is focused on servicing salon owners and professionals in both hair and nail, with brands such as Wella Professionals, Sebastian Professional and OPI. Coty has approximately 20,000 colleagues globally and its products are sold in over 130 countries. Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment.

For additional information about Coty Inc., please visit

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Samenvatting: Samsung Bioepis en Takeda gaan strategische samenwerking aan voor ontwikkeling nieuwe biologische therapieën

INCHEON, Korea–(BUSINESS WIRE)–Samsung Bioepis Co. is een strategische samenwerking aangegaan met Takeda Pharmaceutical Company Limited (TSE: 4502). De bedrijven werken samen aan de financiering en ontwikkeling van nieuwe biologische therapieën tegen ziekten waarvoor nog geen medicijn beschikbaar is. De twee bedrijven werken met onmiddellijke ingang aan het eerste kandidaat-product van het samenwerkingsprogramma, TAK-671, als beoogd medicijn tegen een ernstige, acute alvleesklierontsteking.

“De brede kennis en expertise van Takeda op vlak van medicijnontwikkeling maakt het bedrijf tot een ideale partner voor ons, nu we bij Samsung Bioepis een nieuwe fase ingaan”, zei Christopher Hansung Ko, president en CEO van Samsun Bioepis. “Vijf jaar geleden deden we onze intrede in de biofarmaceutische industrie, vastberaden om de toediening van therapieën te transformeren door verouderde processen te vervangen door innovatieve methoden. Samen met Takeda kijken we ernaar uit deze visie te verwezenlijken, door middel van versnelde ontwikkeling van effectieve therapieën voor patiënten die op dit moment geen reële behandelopties hebben.”

Deze bekendmaking is officieel geldend in de originele brontaal. Vertalingen zijn slechts als leeshulp bedoeld en moeten worden vergeleken met de tekst in de brontaal, die als enige rechtsgeldig is.

MedX Health Corp. Announces Continued Improved Revenues in its Second Quarter 2017 Results

MISSISSAUGA, ON–(Marketwired – August 23, 2017) – MedX Health Corp. („MedX” or the „Company”) (TSX VENTURE: MDX) announced its results for the three and six months ended June 30, 2017, which are also available on SEDAR (

The Company reported revenue of $236,892 for the three months ended June 30, 2017, a 13% increase over revenue of $209,496 for the three months ended June 30, 2016. Sales from the Company’s therapeutic laser line remain strong while revenue from its SIAscopy products showed improvement over the first quarter. The Company reported a loss for the three months ended June 30, 2017 of $403,631, or $0.00 per share, compared with a loss of $310,869, or $0.00 per share for the 2016 three-month period.

For the six months ended June 30, 2017, the Company reported revenue of $476,702, 20% higher than revenue of $398,197 for the six months ended June 30, 2016. The Company reported a loss of $751,490, or $0.01 per share for the six months ended June 30, 2017 compared with a loss of $515,363, or $0.01 per share for the six months ended June 30, 2016.

„The quarter over quarter revenue growth in SIAscopy products that we have seen over the last several quarters is very encouraging, and a number of initiatives including our product development activities, should result in increased revenues going forward,” noted Rob von der Porten, MedX CEO. „The continued strength in the sales from our therapeutic laser line has been very positive and underlies our long-term brand recognition in this market.”

About MedX

MedX, headquartered in Mississauga, Ontario, is a leading medical device company focused on skin cancer with its SIAscopy technology. This technology is imbedded in its products SIAMETRICS™, SIMSYS™, and MoleMate™, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS™, SIMSYS™, and MoleMate™ include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. The devices are sold to physicians and clinics, as well as being deployed in pharmacies and remote clinics from where the images are sent to dermatologists who perform a diagnosis. These products are Health Canada, FDA (US), ARTG and CE approved for use in Canada, the US, Australia, the European Union and Turkey. SIAMETRICS™ is a unique product used in a specialized market for research into the clinical effectiveness of medical treatments of certain skin conditions. MedX also designs, manufactures and distributes quality laser and light therapy technologies for use in numerous medical settings, approved in major jurisdictions, to provide drug free and non-invasive treatment of tissue damage and pain. For more information and a complete profile of MedX and its products visit

Air China: Official Passenger Air Transportation Services Partner for Beijing 2022

BEIJING, Aug. 23, 2017 /PRNewswire/ -- Air China Limited (referred to below as "Air China") has become the Official Partner of the Beijing Organising Committee for the 2022 Olympic and Paralympic Winter Games ("Beijing 2022") on August 23, 2017.

Chen Jining, acting Mayor of Beijing and Executive President of Beijing 2022, attended the signing ceremony in Beijing. Zhang Jiandong, deputy Mayor of Beijing and Vice Executive President of Beijing 2022, and Song Zhiyong, President of Air China Limited, signed the partnership agreement.

"Beijing 2022 Olympic and Paralympic Winter Games are a major landmark event in China's history. Air China will bring its own strengths into play and mobilize its resources to spread Olympic Values and increase the impact of the Beijing 2022 Olympic and Paralympic Winter Games," said Song Zhiyong. "Air China has the capacity and confidence to promote the Olympic spirit through innovative approaches, fulfill the promise as an Official Partner, and support the Beijing 2022 Olympic and Paralympic Winter Games with high quality services", added Song Zhiyong.

Air China is the country's largest airline and exclusive national flag carrier, as well as the Official Partner for Beijing 2008. "We congratulate Air China in again partnering its services with the Olympic and Paralympic Winter Games in China for Beijing 2022", said Zhang Jiandong. "Beijing 2022 will spare no effort to provide quality services to ensure Air China enjoy the widespread benefits of being an Official Partner of Beijing 2022", added Zhang Jiandong.

Since the launch of the Beijing 2022 Marketing Programme earlier this year, the work has been progressing smoothly. According to Beijing 2022, the Official Dairy Products Partner and the Official Sports Apparel Partner will be announced to the public soon.

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SOURCE Air China

Minnesota Dairy Community Crowns 64th Princess Kay of the Milky Way

ST. PAUL, Minn., Aug. 23, 2017 /PRNewswire/ -- Emily Annexstad (ANNE-NEX-STAD), a 19-year-old college student from St. Peter, Minnesota, representing Nicollet County, was crowned the 64th Princess Kay of the Milky Way in an evening ceremony at the Minnesota State Fairgrounds, Aug. 23.

Annexstad will serve as the official goodwill ambassador for more than 3,000 Minnesota dairy farm families. She is the daughter of Rolf and Jean Annexstad, and attends the University of Minnesota, where she is pursuing degrees in animal science and agricultural communications and marketing.

Twelve county dairy princesses from throughout Minnesota competed for the Princess Kay of the Milky Way title. Jessaca Zuidema (ZYE-duh-ma) of Blomkest, representing Kandiyohi County, and Margaret Socha (SAW-ha) of Corcoran, representing Wright County, were selected as runners-up.

Quinci Scherber of Rogers, representing Hennepin County was named Miss Congeniality. Annexstad and Zuidema were awarded scholarships, along with Samantha Traxler of Le Center, representing Le Sueur County.

Throughout her yearlong reign as Princess Kay of the Milky Way, Annexstad will make public appearances to help connect consumers to Minnesota's dairy farm families. She will also promote the Fuel Up to Play 60 program, through which she encourages students to get 60 minutes of physical activity each day and eat a healthy diet that includes three servings of dairy.

Annexstad's first official duty as Princess Kay will be to sit in a rotating cooler in the Dairy Building (located at the corner of Judson Avenue and Underwood Street) for nearly six hours to have her likeness sculpted in a 90-pound block of butter on the opening day of the Minnesota State Fair – Thursday, Aug. 24. This year marks butter sculptor Linda Christensen's 46th year carving the Princess Kay of the Milky Way winner and finalists at the Minnesota State Fair. Other finalists are scheduled to have their likenesses sculpted as follows:

  • Friday, Aug. 25: Margaret Socha, Corcoran, representing Wright County;
  • Saturday, Aug. 26: Abby Hopp, Chatfield, representing Fillmore County;
  • Sunday, Aug. 27: Rebecca Schubert, Rice, representing Benton County;
  • Monday, Aug. 28: Anna Broll, Chaska, representing Carver County;
  • Tuesday, Aug. 29: Samantha Traxler, Le Center, representing Le Sueur County;
  • Wednesday, Aug. 30: Madelin Lindahl, Lindstrom, representing Chisago County;
  • Thursday, Aug. 31: Quinci Scherber, Rogers, representing Hennepin County;
  • Friday, Sept. 1: Ashley Warren, Watkins, representing Meeker County;
  • Saturday, Sept. 2: Jessaca Zuidema, Blomkest, representing Kandiyohi County;
  • Sunday, Sept. 3: Shelby Campbell, Maple Lake, representing Wright County; and
  • Monday, Sept. 4: Gina Holdvogt, New Munich, representing Stearns County.

Throughout the fair, Princess Kay and the other finalists will make appearances near the Butter Sculpture Booth in the Dairy Building, at the Moo Booth in the Dairy Barn and onstage at the Miracle of Birth Center. Princess Kay's Facebook page ( will provide daily updates and photos of each completed butter sculpture.

Princess Kay candidates are judged on their general knowledge of the dairy industry, communication skills and enthusiasm for dairy. Midwest Dairy Association sponsors the Princess Kay program, which is funded by dairy farmers through their promotion checkoff.

Midwest Dairy Association® represents 7,400 dairy farm families and works on their behalf to increase dairy sales, foster innovation and inspire consumer confidence in dairy products and practices. Midwest Dairy is funded by checkoff dollars from dairy farmers in a 10-state region, including Minnesota, North Dakota, South Dakota, Nebraska, Iowa, Illinois, Missouri, Kansas, Arkansas and eastern Oklahoma. For more information, visit Follow us on Twitter and find us on Facebook at Midwest Dairy.


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Timothy Ngui joins AdvanIDe as COO

Combined Role of CIO and COO to strengthen operational and digital capabilities to deliver into growth markets.

SINGAPORE, Aug. 24, 2017 /PRNewswire/ -- AdvanIDe, Advanced ID Electronics, the leading independent provider of semiconductors for the smart card, IoT, M2M and RFID industry, today announced the new addition to the Executive Management Team. The role combines the strategic functions of a Chief Information Officer (CIO) with that one of a Chief Operating Officer (COO). Singapore-based Timothy Ngui was chosen to take on this leadership position and joins the AdvanIDe Executive Management team as COO with immediate effect.

"Being the leader for the delivery of secure semiconductors and value-added products and services into identification and security markets, we experience the need to improve our operational capabilities by making them faster, more efficient, more scalable and to move them to the digital domain," said Holger Roessner, CEO of AdvanIDe Holdings Pte Ltd.

Mr. Timothy Ngui is a certified Productivity and Innovation Manager and LEAN Six Sigma and Business Process Re-engineering Implementer. He has a depth of experience in Information Technology, Human Talent Management, Strategic Planning, Corporate Restructuring, Risk Management, Real Estate Management, Corporate Secretariat and Financial Analytics, Compliance and Audit. In his past career, Mr. Ngui was recently the Chief Information Officer and Senior Vice President of GLG CORP LTD, an Australian Listed Company (GLE.AX) providing global textile and apparel solutions to customers from Fortune 500 companies. In 2017, Mr. Ngui provided consultancy services to an arm of the Boston Consulting Group for Corporate Finance matters for a regional bank. Timothy holds a Degree in Professional Communication from the Royal Melbourne Institute of Technology.

"In this digital age, the demand for accurate, strategic analytics is crucial to the success of a business. AdvanIDe will enhance client and supplier engagement by leveraging on rapidly scalable solutions according to business needs. We will achieve this through connected communications across an intelligent operations eco-system," said Mr. Ngui.

AdvanIDe is going to embark on a total digital transformation moving out of the current legacy systems that were used under the prior ownership and will integrate digitally with key suppliers and clients alike.

About AdvanIDe

AdvanIDe - Advanced ID Electronics - is one of the leading semiconductor providers, focused on components for RFID transponders, chip cards and RFID readers and terminals.  The company's products are used in the secure access market for applications including access management and control, automated fare collection and object identification, and secure ID and transactions for eGovernment, M2M, secure authentication, IoT and related uses. The company expects revenues in excess of USD 150M in 2017 and operates from 11 offices in key international markets and three representative offices in Korea, Japan and Taiwan. Additional information can be found by visiting

AdvanIDe Media Contact:
Ms. Sharon Gng

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ADINNO 4K OBVAN & 4K OTT won the China National Media Award and the “2017BIRTV” Award

SHANGHAI, Aug. 23, 2017 /PRNewswire/ -- On August 23, 2017, Beijing ADINNO will showcase the two awards at the BIRTV  International Museum 8A34 booth. This year, two awards products - National Media Award "4K OBVAN" and BIRTV Award "SEEi-I Media Mobile Broadcasting Platform "(4K OTT)". Products on display will feature the "SEEi-8 / SEEi-10 Internet One Machine", "County Community Service Media Solution", "Radio and Mobile Live Solution" and other new products, including the "HEVC H .265 4K / VR media player".

ADINNO focuses on the following - the 4K industrial chain, 4K source content, 4K OBVAN, 4K OTT Cloud, 4K HEVC player, APP, 4K router and chassis. The application scenarios include TV, radio, cable, internet, mobile and social screens.

With the 4K content there has already been investment and a partnership with 4KUniverse, and the SES 4K, Amazon Fire TV, ROKU TV, Sony bravia 4K are displayed online. 

ADINNO 4K OBVAN's National Media Awards, including all-in-one production equipment called SEEi-8 or SEEI-10, can support 4K video production and streaming media with one-stop communication technology via hybrid cellular, fixed and satellite support. Another 2017 BIRTV Award, can be viewed live through the ADINNO 4K OTT solution - SEEi.TV, 4K live broadcast with IPTV, TV, cable, satellite and smart phones. This is the first end-to-end live 4K end user screening with live events such as music, sports and other live events.

In addition, ADINNO developed the 4K HEVC player and mobile APP and H5 network and social networking WeChat applet, 4K router and chassis. As a result, ADINNO is available to international fixed mobile service operators. Operators can deliver value-added content services thanks to the 4K HDR feature, which ADINNO relies on. This HDR can be accessed via ADINNO 4K OTT and its cloud Transcoding mobile phones, bring an interesting appeal to customers.

Overall, ADINNO is a 4K end-to-end live broadcast provider that offers affordable 4K OBVAN, SEEi-8 or SEEI-10 Internet, 4K SEEi.TV OTT and custom 4K routers, HEVC player and a mobile APP. ADINNO's advanced 4K solution can be matched with comprehensive applications - media, telecom, mobile, and Internet markets.


ADINNO Inc. has unique experience in core technologies such as baseband, RF chip design, wireless communications, satellite communications, video processing and cloud computing. The product line includes intelligent mobile terminals, intelligent systems and cloud services (cloud UHD Live Cloud SEEi.TV-

ADINNO is the top and leading 4K end to end live streaming provider, offering affordable and economical solutions.

ADINNO is located in Beijing, Shanghai and the United States Bay area.

For more information, please visit the ADINNO website at

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News / Sales Contact:
Wang Yunqing

Bing Zhang
+1 (408) 524-1600

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DJI & K-Pop Powerhouse Zanybros Form Strategic Partnership

Expanding Creative Possibilities For The Music And Entertainment Industry

SEOUL, South Korea, Aug. 23, 2017 /PRNewswire/ -- DJI, the world's leader in civilian drones and aerial imaging systems, today announced its partnership with South Korea's top production house, Zanybros, taking video content creation to new heights with DJI's aerial and camera technology. The first example of this partnership is the "Love Whisper" music video for the popular K-pop girl group GFriend, which has already generated more than 22 million YouTube views in just three weeks.

The strategic partnership will see DJI providing hardware and technical support to Zanybros' future filming and production projects. There are also plans to collaborate on training programs for professionals especially those in the music and entertainment industry, to explore new and creative ways to produce K-Pop content.

"The Korean Wave has evolved from a regional development into a global phenomenon, and a lot of this has to do with the proliferation of film, music, and online video content," said Tae-hyun Moon, DJI Director of Brand Marketing and Operations. "This multifaceted collaboration will create opportunities for us to combine the technical knowledge and creative spirits of two industry leaders in areas of aerial content production and professional filmmaking."

Zanybros is a production company specializing in music video and commercial filmmaking. The company has evolved to become one of the most influential creative agencies of the Korean Wave. Some of their most iconic K-pop music videos include Girls' Generation's "Lion Heart," Taeyeon's "I," Exo's "Overdose," and Hyuna's "RED."

Commenting on his experience on the GFriend "Love Whisper" video project, Zanybros CEO and film director Jun-hong Kim said: "Music videos aren't just about the people on screen, they're also about the setting and where the story takes place. By using the DJI Inspire 2, we were able to capture the vast beauty of our surroundings and lend context to the whole story. The drone set-up was fast and easy, and we were able to capture incredible aerial shots in just a few takes."

Kim continued: "The location of the shoot included protected wildlife and vegetation, so bringing in rigs, heavy equipment, and vehicles was not an option. But the multi-operational mode of the Ronin 2 gave us the flexibility and agility to get the job done."

DJI also released a behind-the-scenes featurette of the "Love Whisper" video with members of the Zanybros production team sharing their experiences about the project. The video is available on DJI's YouTube channel:

About DJI

DJI is a global leader in developing and manufacturing civilian drones and aerial imaging technology for personal and professional use. DJI was founded and is run by people with a passion for remote-controlled helicopters and experts in flight-control technology and camera stabilization. The company is dedicated to making aerial photography and filmmaking equipment and platforms more accessible, reliable and easier to use for creators and innovators around the world. DJI's global operations currently span across the Americas, Europe and Asia, and its revolutionary products and solutions have been chosen by customers in over 100 countries for applications in filmmaking, construction, emergency response, agriculture, conservation and many other industries.

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Perfect World: Highlight at One of the World’s Largest Entertainment Exhibitions

SHANGHAI, Aug. 23, 2017 /PRNewswire/ -- ChinaJoy, one of the world's top three digital entertainment exhibitions, just concluded in Shanghai, China. The event was the world's largest digital entertainment event in terms of the number of both exhibitors and visitors as well as the size of the exhibition space. China Central Television (CCTV) reported on the event for two consecutive days from both financial and cultural perspectives. Perfect World Co., Ltd. ("Perfect World"), as a renowned pan-entertainment company, was mentioned several times and became the highlight of several of the reports. Led by its founder and chairman Michael Chi (Chi Yufeng), Perfect World has developed what it refers to as a "5+1" business matrix: film and TV, game, animation, comics, literature and education, and evolved into a company creating multiple forms of content. 

With creative content as a business ecosystem rapidly becoming an emerging and huge market in China, Perfect World, based on the strategy of delivering best-in-class products, has quickly become the largest publicly-listed movie and game conglomerate. According to its 2016 financial report, the company posted revenue of approximately 6.16 billion yuan for 2016, an increase of 25.87 percent from a year earlier. Net profit for the year reached 1.17 billion yuan. Its game business generated more than 4.7 billion yuan in revenue, an increase of 24.97 percent year on year, while its film and TV business achieved revenue of approximately 1.46 billion yuan, up 28.85 percent from a year earlier. 

Perfect World has been committed to producing best-in-class film, TV and game products that meet viewers' and players' expectations. The company invested in film and television productions spanning a variety of themes including Deepwater Forces, My P.E. Teacher, The Way We Were, The Awakening (New Edition), The Proud Twins, and Hero Dog (Season 3). These hit TV series achieved audience ratings exceeding 10 percent in prime time. Perfect World also developed game titles based on traditional Chinese cultural subjects, including Zhu Xian, Perfect World, Heaven Sword and Dragon Sabre, Legend of the Condor Heroes, and Dream Book, all of which have proven popular among players. 

Perfect World focuses on global and international development, and on the integration of and exchanges between traditional Chinese and other cultures. In China, Perfect World serves as a publisher of world-renowned titles such as DOTA2, CS:GO and Crossout. In addition, the company's US-based studio developed and released Neverwinter Online, and its French team developed Unruly Heroes, integrating both Chinese and western cultures and resources. Perfect World has now exported its game products to over 100 countries and regions worldwide and has established over 20 branch offices across Europe, North America, Japan, South Korea and Southeast Asia. 

In 2016, Perfect World Pictures and Universal Pictures signed a long-term strategic cooperation agreement. In 2017, Perfect World Pictures formed the joint venture, Perfect Village Entertainment, with Village Roadshow and WME|IMG, with the mission of producing films and television programs for international markets. Perfect World Pictures' productions, Beijing Youth, To Elderly with Love and Love is Not Blind, were presented to Argentina's president as national gifts. 

In 2014, Perfect World founded an education group in Guangdong province, and established strategic partnerships with the world's leading universities including Columbia University, the University of Maryland, Moscow State University, National University of Singapore and Abertay University. Perfect World Education attended the 9th UNESCO Youth Forum, and organized cultural exchanges such as the Zhi-Xing China-Perfect World US-China Young Leaders Fellowship Program. 

Film and TV, game, animation, comics and education are all industries that can bring joy and excitement to people's lives, said Michael Chi. He explained that Perfect World sought to enter an industry that is one that brings joy into everyone's life. The firm aims to become a global business conglomerate that creates joy and happiness. 

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