Since having commercially launched our first office applications software, WPS 1.0 in 1989, Kingsoft Corporation Limited has now become a leading software developer, distributor and service provider in China, based on market share. We leverage our comprehensive software development platform to offer a wide range of innovative entertainment and applications software. We believe we have one of the largest in-house entertainment and applications software research and development teams in China dedicated to entertainment and applications software. We have self-developed the majority of our entertainment software and substantially all of our applications software products.
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