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Entry into the lucrative China WebTV market August 2008.
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Entry into the lucrative China WebTV market August 2008 • TianTian Online is a Chinese web portal which is owned by Beijing Jiu Zhou Technical Services Company (BJZ). In July 2008, BJZ was issued by China’s State Administration of Radio Film and Television (SARFT), a WebTV and a Web News license. • SARFT has issued 9 (*) nationwide commercial WebTV licenses to entities which provide liquidity and risk mitigation to investors through an existing hard-currency stock exchange listing outside China. • BJZ is not listed, but through a structural arrangement with LottVision, provides investors with the benefits of an offshore listing. • Of the 9 offshore listed companies with WebTV licenses, only BJZ • has both WebTV and Web News licenses • provides a strategic investor with the opportunity for significant control of • content • management • advertising, and • is offering a 40% ownership position for US$25 million. • (*) SARFT has issued 75 commercial WebTV licenses to unlisted entities, and 172 • non-commercial licenses to central, provincial and local government entities • Your Media Gateway to China • An opportunity for a strategic investor to • access a nationwide China WebTV audience • Attach its “brand” to selected WebTV channels • Provide cross-platform media promotion • Video-on-demand • Downloading services focusing on high definition technology • Info and advertising screens in public locations: • karaoke bars, • lottery halls, • internet cafés, etc. • LottVision • Established in 1986, LottVision Limited (“LottVision”) is headquartered in Hong Kong and has been listed on the Singapore Stock Exchange Main Board since 2002. • LottVision is a “technology enabler” in license-restricted markets providing revenue generating IT-related solutions and services for various industries including lottery and WebTV in China. • BJZ • Beijing Jiu Zhou Information Technical Services Co., Ltd. (BJZ) is a PRC-licensed WebTV operator. The WebTV market is strictly regulated by the PRC government. Significantly, Beijing Jiu Zhou is qualified and licensed by the PRC government to provide WebTV services nationwide including Internet television and interactive video related content, Internet news information services and other value-added services over telecom infrastructure. • Through partnerships with leading content providers and distributors, LottVision will technologically enable Beijing Jiu Zhou to provide its WebTV audience with a library of licensed content, video-on-demand features as well as downloading services focusing on high definition technology. • TianTian Online • BJZ’s Web portal is called TianTian Online (www.116.com.cn). • Major historical achievements of TianTian Online: • Alexa ranking 860 • Daily Page View over 530,000 • Daily individual IP number over 520,000 • Top 100 commercial Web Portal in China during 2004 and 2005 • 24 web channels • ISP license LottVision Limited Unit 3606-7, 36/F, AIA Tower, 183 Electric Road, North Point, Hong Kong Beijing Jiu Zhou Room 2706, Ocean International Center A Tower, No. 56 East 4th Mid Ring Road, Chaoyang District, Beijing, China The Opportunity
Management Team Dennis Li Kin Keung – Deputy Chairman Dennis Li is the Executive Deputy Chairman of LottVision Limited. He oversees the investment portfolio and the execution of its strategy as a technology enabler of choice in the license restricted market. He has over 30 years experience in the IT and security industry. Eddy Tso Chung Wing – CEO Eddy Tso is the Chief Executive Officer of LottVision WebTV Business Operation. He is responsible for spearheading the execution of the new strategic direction and charting the roadmap for its growth. Eddy has 30 years experience in technology-related businesses in the Greater China market. Rogers Lam Kwok Cheong - COO Rogers Lam is the Chief Operating Officer of LottVision WebTV Business Operation. He oversees the daily running and operations and is also responsible for forging new alliances and business opportunities. Rogers has 20 years experience in IT industry in the Greater China market. Sheridan Yen Shiao Hua – Executive Director Sheridan Yen is the Executive Director of LottVision WebTV Business Operation. He is responsible for the overall strategy and providing guidance in the operations of the WebTV business going forward. He has more than 18 years of experience in senior management roles in the technology industry, spanning consulting, technical services and sales and marketing and has substantial experience in infrastructure projects in the Greater China region. China WebTV Market Recent value-add China Online Video Market Growth Partnering with one of the few qualified WebTV licensees with a prestigious award history STRONG BASE • New contents providers: • movies Megajoy (jdtv.com.cn) • feature videos • e-learning channel • news, weather, sports • negotiating for international branded content UPGRADE CONTENT China Online video advertising Market • Partnership with infrastructure providers: • Bandwidth • Data Center INFRASTRUCTURE China Network Video Users • Standard WebTV platform (subscription, • advertising etc.) • PLUS • Media panels in targeted public places • karaoke bars • boutiques • lottery betting halls • restaurants • youth centers • internet cafés DISTRIBUTION www.116.com.cn Web Channels • ACTION ITEMS: • Rebrand the 116.com.cn website as a destination site for WebTV viewers • Enrich the WebTV content by adding international programming • Expand the national advertising base • Roll-out the public display screens (karaoke the #1 priority as screens are already installed) News Channel Military Channel Movie Channel Kid Channel and more…