On November 18, 2010, the Company purchased 3% of Shanghai Ruichuang Network Technology
Co., Ltd’s ordinary shares for a total consideration of RMB20,495,239 (US$3,105,339),
which was accounted for as a cost method investment as prescribed by ASC 323-10. There
were no impairment indicators noted associated with the long-term investment as of
December 31, 2010.