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Company Description (as filed with the SEC)
Our legal and commercial name is Sky-mobi Limited. We commenced operations through Hangzhou Sky, a limited liability company established in China, in 2005. Hangzhou Sky is principally engaged in our cooperation with handset companies and providing mobile applications and content to our users. To enable us to raise capital from international investors, our holding company, Sky-mobi Limited (formerly Profit Star Limited), was incorporated under the laws of the Cayman Islands as an exempted limited liability company in April 2007. In June 2007, we incorporated Pusida, our wholly-owned subsidiary in China. PRC laws restrict foreign-invested entities engaging in value-added telecommunication services. To comply with PRC laws, we conduct our value-added telecommunication services through 14 SPEs, Hangzhou Sky, Mijia, Fanyi, Feineng, Miyi, Najia, Tianchu, Kaimi, Dangyi, Zunqi, Geyuan, Mugu, Feidong and Weipin. In January 2007, Mijia was incorporated in China. ... More ...