Although nominally speaking, the fist company is still an independent individual, but because the shares of the fist company have been basically held by Tencent, this company has also become a wholly-owned holding company of Tencent. From the perspective of equity, the fist company is equivalent to being acquired by Tencent in disguise, which is why many people often regard League of Legends as Tencent's game.
First, the League of Legends game of Fist Company is particularly famous.
Before League of Legends came out, many people generally played Dota, and the entry threshold of Dota was very high, which also caused novice players not to play the game normally. It is precisely because of this that the fist company will develop a League of Legends that is very similar to the Dota game. League of Legends was officially launched around 20 10. Since then, it has embarked on the evergreen road of 10, and League of Legends has also become a masterpiece of the game industry.
Second, let me talk about the relationship between fist company and Tencent company.
The fist company itself is a small studio. We all know that small studios are generally short of funds, and many companies are no exception. Before 20 10, the fist company almost closed down because it could not find financing channels. It was also at this time that Tencent directly purchased a 22% stake in Chengdu Company. Subsequently, Tencent blessed a large number of shares, and the equity ratio once accounted for 92.7%. When the fist company developed better and better, Tencent simply bought the remaining 7% of the shares of Quantou Company.
Third, the fist company has almost become a wholly-owned subsidiary of Tencent.
Although the fist company is still operating independently, it basically means that the fist company has become a subsidiary of Tencent because its equity is basically in Tencent. To some extent, Tencent does have a pivotal position in the game industry, and has also invested in many excellent game projects and excellent companies.