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SAN Beijing time on May 17 morning news, KongZhong (Nasdaq: KONG), today announced its unaudited financial results as of March 31 in the first quarter of fiscal year 2012. The report shows that air network in the first quarter total revenue of $ 43,840,000, an increase of 12% in the previous quarter and $ 39,290,000, compared to $ 40,130,000; net profit of $ 6,860,000, $ 5,670,000 for the previous quarter growth 21 percent last year compared with a net loss of $ 456,000.

2012 first quarter results:

income beyond KongZhong is expected in the first quarter of 2012 revenues of 4,384 million U.S. dollars, up 12 percent over the previous quarter, beyond the Company’s the previous forecast range of $ 41.5 million to $ 42.5 million.

gross margin than expected – KongZhong the first quarter of 2012 gross profit of 1,875 million U.S. dollars, exceeding the company previously expected $ 17 million to $ 18 million range.

net profit exceeded expectations – in accordance with U.S. GAAP, KongZhong 2012 first quarter net profit of $ 6,860,000, that is beyond the company’s previous forecast range of 4.5-5.5 million U.S. dollars. In accordance with U.S. GAAP, the first quarter of KongZhong American depositary share, earnings were $ 0.17.

non-U.S. GAAP net profit exceeded expectations – Non U.S. GAAP, the air first-quarter net profit of $ 8.66 million, exceeding the company’s previous forecast range of 6.5-7.5 million U.S. dollars. American depositary share, diluted earnings of $ .21.

cash and cash equivalents – As of March 31, 2012, air net cash and cash equivalents, held-to-maturity investments and transactions of financial assets amounted to $ 178 million per American depositary held by the depository receipts of $ 4.34 in cash and cash equivalents, held-to-maturity investments and trading financial assets.

Financial Analysis:

KongZhong the first quarter of wireless value-added service revenue of 1,912 million U.S. dollars, an increase of 4% sequentially. Remained stable mainly because of the wireless value-added service environment remains grim.

KongZhong the first quarter of mobile gaming revenues of $ 5,560,000, a decrease of 27% sequentially.

KongZhong the first quarter of Internet online games revenues of 1,917 million U.S. dollars, an increase of 45% in the previous quarter. The amount of domestic online games revenue of 1,811 million U.S. dollars, an increase of 48% in the previous quarter. Overseas online game revenue of $ 1,060,000, an increase of 13% in the previous quarter. Overseas online games revenues accounted for 6% of the Internet network gaming revenue in the first quarter of last quarter, the ratio of 7%.

KongZhong the first quarter of 2012, total gross profit of 1,875 million U.S. dollars, the overall gross profit margin was 43%.

KongZhong wireless value-added services in the first quarter gross profit was $ 6,140,000, compared with the previous quarter, a decrease of 11%. KongZhong wireless value-added services in the first quarter gross margin was 32%.

KongZhong mobile games in the first quarter gross profit was $ 2,340,000, decreased by 20% in the previous quarter. The KongZhong mobile phone games in the first quarter gross margin was 42%.

KongZhong online games in the first quarter gross profit of 1,027 million U.S. dollars, an increase of 50% in the previous quarter. The first quarter gross margin was 54%.

KongZhong the first quarter of R & D expenses of $ 4,080,000, compared with $ 3.9 million in the previous quarter, an increase of 5%.

selling expenses of $ 5,710,000, compared with $ 5,630,000 in the previous quarter, the growth, the main reason for its growth in the first quarter of 2012, KongZhong Group increased tank world marketing.

administrative expenses of $ 2,860,000, compared with $ 2,740,000 in the previous quarter, a slight increase.

As of March 31, 2012, the total number of air Wangyuan workers is 982, compared with the December 31, 2011, 961, basically the same.

In accordance with U.S. GAAP, the the KongZhong 2012 first quarter net profit of $ 6,860,000. In accordance with U.S. GAAP, the first quarter of KongZhong American depositary share, earnings were $ 0.17.

As of December 31, 2012, the KongZhong of cash and cash equivalents, held-to-maturity investments and transactions of financial assets amounted to $ 178,000,000, per American Depositary Share held 4.34 dollars in cash and cash equivalents, held-to-maturity investments and trading financial assets.

business outlook:

company forecast the second quarter of 2012, overall revenue will be $ 49 million to $ 50 million, including wireless value-added services revenue is probably expected to be $ 20.5 million , the mobile gaming revenues are probably expected to be $ 6 million, and online game revenue of estimated $ 23 million.

company expects gross margin will be between $ 21.5 million to $ 22.5 million and operating income of $ 6,500,000 to $ 7,500,000, net profit will be $ 6,500,000 to $ 7,500,000, non-GAAP net profit will be between $ 9,000,000 to $ 10 million.

conference call:

earnings release, KongZhong will be U.S. Eastern time at 19:30 on May 16th (Beijing time at 7:30 on May 17) conference call . Air network management layer will be present at the meeting, results and highlights and to answer the question of investors and analysts. Investors can also visit the KongZhong site ir.kongzhong.com, listen to the conference call and audio webcast.

share:> Related reports: Alert: $ 6,860,000 the KongZhong first quarter net profit year-on-year losses KongZhong May 17 first-quarter earnings KongZhong fourth-quarter net profit of $ 5.67 million year on year an increase of 13% microblogging | SAN official microblogging

Sina Technology News , May 17 morning news , China Mobile ( microblogging ) TD – LTE experience network has been opened in Hangzhou , Shenzhen, Guangzhou and other cities public experience . In Beijing , Beijing Mobile revealed a small amount of a bus test , but not yet received a commercial test notice .

the beginning of April , Zhejiang Mobile is already open to the public experience of the TD – LTE trial network in Hangzhou , Hangzhou B1 bus coverage of TD- LTE WiFi signal , the user terminal can access with WiFi access experience . From May 16 , Shenzhen and Guangzhou City also began to open the public experience of the TD – LTE , TD -LTE experience in 381 Coloane buses .

in Beijing, also building along Chang’an Avenue as the main site to TD-LTE demonstration network . According to China Mobile , vice president Huang Yuhong , 2.3GHz and 2.6GHz frequency bands have been completed and 64 macro base station and 17 indoor stations , indoor data rates up to 50Mbps , the outdoor data rates up to 20Mbps , has begun to have 5.17 display condition .

in today , there are users to disclose photos of TD – LTE video conferencing experience at the Beijing University of Posts and Telecommunications , which also means that Beijing TD-LTE test network is also expected to open . Beijing Mobile said , experience for the first time extend the highway Beijing set up two experience points to move in five cities to start public testing of TD -LTE mobile to start TD-LTE user experience microblogging Recommend | Sina science and technology official microblogging

correspondent ( reporter Liu Feng , Wang Qiu ) Beijing Haidian Court yesterday morning, a formal hearing where network prosecution Ctrip PR means a case of violation of its reputation to the online travel site , where the network requirements Ctrip for a public apology and claim the amount of 500,000 yuan . The Ctrip aspects that Where a vicious speculation and has been counterclaim .

the go , said in early 2011 to go online line buy Channel in March , Ctrip PR succession to the major national media issued a a series of articles , the use of counterfeit consumer cases slander the network where to buy the product and service quality . The Ctrip side stressed that a variety of Ctrip put has sufficient evidence to prove that where plagiarism Ctrip Hotel Reviews , a serious violation of Ctrip copyright , the current applied to the court proceedings .

yesterday the two sides said in court , not to accept mediation . Where network that the lawsuit is suppressed by the emerging business model for the field of tourism industry leaders fight back, but Ctrip has expressed disdain . share :> reports : Where network v. Ctrip case hearing today the Ctrip questioned where speculation where eLong successive rise in revolt : the Ctrip non of the program the Ctrip shelling Where : vicious harm than good where Ctrip reproduction of the war of words online travel market competition Sina science and technology official microblogging microblogging Recommended |

is always the Internet

the competition is the entrance of the competition, the map service as a mobile Internet portal for the important role has begun to appear.

Sina Nan Zhang

sign the service boom began cooling, based on the geographical location (LBS), what can be done? How to do? Large companies and start-up companies how should find their own place? These problems become the Sina Xtalk Sharon first focus of discussion.

sign is garbage?

in the past two years, the attendance mode of the class Foursquare has become the main force of domestic LBS services, muttering, play dozens of models of homogeneous products of the Quartet, roadside, Shanda cut off .

so-called sign refers to these products take the initiative to record their location, points, medals, lord honor to inspire users, the user can gain satisfaction.

However, the sign value of the services is being questioned. In the United States, despite the Foursquare in the United States have been born four years, the research firm Forrester (microblogging) report shows that in December last year, only 4 percent of American adults use the LBS application, most users do not even know the sign of the existence of the service.

open to open CEO Mu Rong said, sign service can only meet the needs of a small group of people would like to spread to more people need to find a more specific point of service. At present, the open has begun introduced from the microblogging content, strengthen the construction of the social circle and aggregate valuable content.

the

grand cut-off to do a more thorough, simply direct abandoned sign transformed into location-based discount, buy aggregation tools.

Sea Silver Capital Partners Wang Yuquan (microblogging) and even sign the service is user commonality is too weak. I have more than half of the students in Beijing, we in fact do not greet each other in a small town, suddenly found a university student, two people will say hello. Yu-chuen said: do the cross is to be successful. competition in the industry.

Wang Gaofei opinion, LBS business in China and ahead of business, less than one-third of the users will be active or passive use of location-based services, the number of users relative to the entire Internet business is just a smaller.

LBS itself can cover as many users, I believe in the industry can produce a lot of traditional industries killer. Wang Gaofei said, many traditional industries seem like much, such as secondary trading, but the business in Beijing alone, the scale of billions, so the size of the market with the traditional competition in the industry far beyond Sina, Tencent, and other Internet companies.

LBS entrance effect show

for the value of LBS services on mobile – Cloud Business Unit General Manager Li Mingyuan (microblogging), the effect of the entrance of LBS on Mobile Internet is emerging.

10 years ago to buy computers often need to install 10 Several software, but now nothing can be mounted, because all functions can be completed through a browser. Li Mingyuan map of the phone just as is the browser in the computer map will become the most important features of each phone.

Li Mingyuan sees competition on the Internet today, has an entrance competition, before the browser to become the most important entrance of the Web Internet, LBS will become the entrance to the mobile Internet, who control the entrance will come more powerful

Li Mingyuan, maps, basic services, production tools and production tools are particularly difficult to make differentiation in itself is not easy to make money, which forced Baidu must map playing an open platform based data, location-based services by third-party developers to combine their respective advantages, the use of production tools to meet the real needs of the user.

Ebb Tide years, LBS applications has eliminated 90% of the industry combined with the Wizard of LBS applications is gradually revealed, there are many untapped service.

Miao Lin in the taxi industry for example,

income will have a very large amplification. He predicted that the combination of 2012 years LBS and the more industrial applications, is not only a simple sign, but a combination of deeper business.

seedlings revealed that Sina will soon be in conjunction with their advantage launch LBS open platform, the platform in addition to the base map services, will be integrated into the Sina microblogging large number of active users to create a variety of location-based content, with the two major characteristics of interest in maps and social maps

Share :> Related Topics: Topics> reports Sina XTALK Sharon: LBS developers should break the barriers of the industry to participate in the traditional competition in the industry Roundtable: LBS location-based services going? microblogging | SAN official microblogging

Hanchuan ,

Hubei Daily News ( , Correspondents Liu Dingxu ) ,

cases after the criminal , Hanchuan police organization are solved , the Program to carry out the survey visits, the collection of evidence and arrest . At present, 9 involved XingJu the . Detection work is still ongoing. share : welcome to comment I want to microblogging recommended | today’s micro- Bo hot

Morning News ( Reporter Yan Fei ) a high-end residential property management to take the current popular butler service, but the owners Mr Lau did not think , butler service provides a convenient for the thief free access to the home to steal property . Recently, Chaoyang District Prosecutor’s Office on suspicion of theft, extortion the housekeeper Zhang of the residential property prosecution .

Zhang Liu housekeeper live in the residential property , usually spending too much , owed ​​to others arrears can not be returned , heart desire of ill , from the company to steal the key of the house of Mr. Liu , to take advantage of the absence of the machine into the Liu home twice to steal 17,500 yuan in cash . More and more debt , Zhang wrote an extortion letter to Mr. Liu to ask for 60,000 yuan , adding that if not will manufacture kidnapping , car accidents endanger the lives and safety of each other and their families . Liu immediately report from the police after investigation , Zhang captured .

share : welcome to comment I want to comment the microblogging Recommend | today ‘s hot microblogging ( edit : SN034 )

Mr. along the development zone Binhai Avenue, driving the vehicle in front of five kilometers per hour speed line, a golden retriever dog was tied in the rear with the car running. Mr. Zhao, the former owners did not treat animals then captured this scene. Yesterday, tie the dog in the rear of the car owners Liu call this newspaper reflect the frequency to be reproduced by friends after the manuscript hit the newspapers, and sharp words, which makes him depressed for several days.

Mr. Liu told reporters that the salt Dog City in the afternoon two or three o’clock, after his visit when a person selling the dog family are moving no place for a dog, so they spend 800 yuan to buy a piece of golden retrievers. Intended dog in a car trunk, too many results trunk release information, and no way to put down the dog. Consider a dog bought back to its previous living environment do not quite understand, with bacteria to worry about dogs, so I can put the dog on the back of the car. with the lorry behind. However, truck drivers went to the golf course section of the coastal road, said the coastal road trucks to cut the line and can no longer drive. So, Mr. Liu took a dog tied in the back of the car, all the way stop and go before returning to the home of South tuo child. Mr. Liu said, p> After listening to Mr. Liu tells a reporter’s question,

What is the reason the day before the dog was tied to the rear with the car running, and now it seems not important. Because as long as not habitually drove the dog is what we most want to see results. In fact, Dalian people are good, we prefer to see the side of the urban harmony. Reporter Yue Yuyan

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