Draft:Yuewen (China Literature Limited)

Yuewen, Chinese name：阅文集团，also known as China Literature Limited.

Background
Yuewen, or China Literature Limited（Chinese：阅文集团, stock code: 0772.HK), is a comprehensive cultural industry group. It focuses on digital reading and the cultivation and development of intellectual property (IP). The company offers digital publishing services, providing a platform for original online literature and full copyright operations. It also engages in the adaptation and output of IP. It is based in Shanghai, China.

Yuewen is best known for its QQ Reading and Qidian. The pioneer platform Qidian was launched in 2002 and found success with the micro-payment model for premium content in late 2003. Webnovel, launched in May 2017, is the international version of Qidian. In 2018, Yuewen acquires top Chinese production company New Classics Media (NCM).

Tencent is Yuewen's largest shareholder.

Business
Movies and TV dramas produced by Yuewen include “YOLO”（Chinese：《热辣滚烫》）, Hi, Mom（Chinese：《你好，李焕英》）.