China`s Online Game Company Secured First IPR Pledge

Expedition OL, a massive multiplayer online role playing game developed by Shenzhen glacier network technique, was recently secured 30 million yuan credit with eight software copyright pledge from China Merchants Bank Shenzhen branch, the first 10 million yuan has been issued. China's online game company opened their icebreaking of IPR financing. 

Established in 2006, Shenzhen glacier network technique is a major network game platform supplier and developer and online game products operator. With eight software copyright granted, Shenzhen glacier has huge potential for development but initial fund insufficient restricted its further expansion. In 2010, with the help of Shenzen Cultural and Sport office, other administration offices, China Merchants Bank Shenzhen branch issued 30 million yuan credit of IPR pledging to this company.