Crazy Sports Group Ltd, formerly V1 Group Ltd, is a an investment holding company principally engaged in network media businesses. The Company operates through three segments. Tele-media segment is engaged in the provision of Internet information services, including mini-video news portals, self-produced news commentary programs, as well as mini-video news platforms for the mobile clients. The segment is also engaged in mobile Internet-related businesses, including online games, online shows and e-commerce businesses, among others. Lottery-related Business segment is engaged in the provision of lottery-related services, including lottery information, mobile phone lottery betting systems and lottery microblogs, among others. Mobile Game segment is engaged in the development and provision of mobile games, the provision of mobile and Internet value-added services and the development and design of mobile communication products.

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