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A Chinese online game developer and operator focused on massively multiplayer, browser, and mobile games.

Last updated November 4, 2026

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Overview

ZQGame, also known as Shenzhen Zhongqingbaowang Interaction Network Co Ltd or Zhongqingbao, is a Chinese video-game company headquartered in Shenzhen. Its business has centered on the development, publishing, and operation of online games, including massively multiplayer online games, browser-based games, and mobile titles. The company represents the Chinese online-game sector's transition from PC-based client and browser products toward mobile distribution and international publishing. The company was established in 2003 and was previously associated with a server-manufacturing business before becoming a separately listed game company. ZQGame was listed on the Shenzhen Stock Exchange in 2010 under ticker 300052.SZ. Its public-market profile placed it among China's listed online-game enterprises and provided a corporate platform for game development, publishing, and related digital-entertainment activities. ZQGame's product portfolio has included online role-playing and massively multiplayer experiences as well as browser games. One internationally visible example is Shadowland Online, a browser-based MMO that was made available outside China through publishing and distribution arrangements involving platforms such as Kabam and Kongregate. These arrangements illustrate the company's effort to extend selected Chinese-developed or Chinese-published games beyond its domestic market. The company also expanded its mobile and overseas publishing capabilities. Its global publishing subsidiary, ZQGame Global, was established in 2011 with headquarters in El Segundo, California, and offices in South Korea and Taiwan. The subsidiary focused on publishing games for Android and iOS, giving ZQGame a presence in mobile distribution and in several Asian and North American markets. The global operation complemented the parent company's domestic development and operating activities rather than replacing them. In 2013, ZQGame announced a joint venture with Shanda in the Shanghai Pilot Free-Trade Zone. The initiative reflected the broader industry trend toward cooperation among Chinese online-game companies, publishers, and technology groups as firms sought new operating structures and distribution opportunities. ZQGame was also included in the SZSE Component Index by November 2016, although it was not part of the SZSE 300 Index at that time. ZQGame's brand is therefore associated primarily with online-game production and operation rather than with a single consumer franchise. Its activities span PC client games, browser MMOs, mobile games, publishing, and international distribution. Publicly available reference material identifies the company's main business categories and selected corporate developments, but does not provide enough verified information here to document a complete current game catalog, current management roster, financial performance, or present-day geographic revenue mix.

History

ZQGame is a Shenzhen-based Chinese online-game company that has operated across development, publishing, and game operations. The business was founded in 2003 and was previously a subsidiary of a company involved in server manufacturing. Its early and continuing identity was tied to online entertainment, particularly massively multiplayer online games and browser games, before the industry-wide expansion of mobile gaming created an additional strategic focus. A major corporate milestone came in 2010, when ZQGame was listed on the Shenzhen Stock Exchange. The listing gave the company access to the Chinese public equity market and established it as a separately traded participant in the country's online-game industry. Its stock ticker is 300052.SZ. ZQGame developed and operated PC-oriented online games as well as browser-based products. Some of its browser MMO titles, including Shadowland Online, reached players outside China through third-party publishing and distribution channels. Kabam and Kongregate are identified as overseas platforms through which selected ZQGame browser games were made available. These relationships demonstrate an early form of international expansion based on licensing, publishing, or platform distribution rather than solely on direct overseas operations. The company created ZQGame Global in 2011 to strengthen international publishing. The subsidiary was headquartered in El Segundo, California, and maintained offices in South Korea and Taiwan. Its stated focus was mobile games for Android and iOS, placing the group in the rapidly growing smartphone-game market and giving it operating links across North America and East Asia. In 2013, ZQGame announced a joint venture with Shanda located in the Shanghai Pilot Free-Trade Zone. The arrangement was part of the company's efforts to pursue cooperation and new business structures within China's online-game ecosystem. The available reference material does not specify the venture's ownership proportions, product portfolio, financial contribution, or long-term outcome, so those details are not asserted here. By 8 November 2016, ZQGame was listed as a constituent of the SZSE Component Index. It was not included in the SZSE 300 Index at that time and was described as ranking between the 301st and 500th positions by free-float-adjusted market capitalization. This index information provides historical context for the company's public-market standing but does not establish its current index membership or valuation. Overall, ZQGame's documented history follows the evolution of China's online-game business: establishment in the PC and online era, public listing, experimentation with strategic cooperation, international distribution of browser titles, and expansion into mobile publishing. The supplied reference material does not provide a verified account of current executives, detailed recent products, financial results, or current corporate ownership, so those areas remain open for further research.

  • 2016

    Included in the SZSE Component Index

    [1]

    As of 8 November 2016, ZQGame was a constituent of the SZSE Component Index but not the SZSE 300 Index.

  • 2013

    Joint venture with Shanda announced

    [1]

    ZQGame announced a joint venture with Shanda in the Shanghai Pilot Free-Trade Zone.

  • 2011

    ZQGame Global founded

    [1]

    The global publishing subsidiary was established in El Segundo, California, with offices in South Korea and Taiwan.

  • 2010

    Shenzhen Stock Exchange listing

    [1]

    ZQGame was listed on the Shenzhen Stock Exchange under ticker 300052.SZ.

  • 2003

    Company founded

    [1]

    ZQGame was established as a Chinese online-game business.

Products and positioning

A Chinese online-game developer, operator, and publisher spanning PC, browser, mobile, and selected international markets.

  • Browser massively multiplayer online game

    Shadowland Online

    Shadowland Online is a browser-based MMO associated with ZQGame's online-game portfolio. The title was made available outside China through overseas publishing and distribution platforms including Kabam and Kongregate. It is an example of the company's effort to export selected browser games beyond its domestic market.

  • Browser and massively multiplayer online games

    ZQGame browser MMO portfolio

    ZQGame has developed and operated browser-based and massively multiplayer online games. The supplied references identify this category as a core part of the company's business but do not provide a sufficiently complete verified list of individual titles.

  • Mobile games · 2011

    ZQGame Global mobile publishing portfolio

    Through ZQGame Global, the group published mobile games for Android and iOS. The available material confirms the platform focus and international subsidiary structure but does not identify a complete set of published or planned titles.

Controversies

  • 2025

    Zhongqingbao Fined for False Financial Records and Delayed Disclosure of Actual Controller Matter

    The Shenzhen Securities Regulatory Bureau found that Zhongqingbao's 2019–2021 financial reports contained false records and that the company failed to timely disclose that its actual controller was subject to criminal coercive measures, imposing fines of 4 million yuan and 1 million yuan on the company for the two acts, respectively. The criminal matter was later disclosed with a non-prosecution decision and a decision to lift bail pending trial. Status: administrative penalty. Entity involved: Shenzhen Zhongqingbao Interactive Network Co., Ltd.

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Brand decisions

  • 2013

    Joint venture with ShandaM&A

    Background

    ZQGame pursued cooperation within China's online-game sector and announced a venture located in the Shanghai Pilot Free-Trade Zone.

    Action taken

    The company announced a joint venture with Shanda.

    Aftermath

    The available reference does not state the venture's detailed ownership, product output, financial terms, or long-term status.

  • 2011

    Creation of an international mobile publishing subsidiaryStrategy

    Background

    The growth of smartphone gaming created an opportunity for Chinese game companies to reach overseas users through Android and iOS distribution.

    Action taken

    ZQGame established ZQGame Global in El Segundo, California, with offices in South Korea and Taiwan, to publish mobile games internationally.

    Aftermath

    The subsidiary gave ZQGame an overseas publishing structure, although the supplied sources do not document its later financial or operational performance.

Sources6 sources

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