Yesterday, Shanda CGA made the announcement to appoint Liang Yonglun as the company's new CEO. Tang Jun, President of Shanda Entertainment and chairman of CGA, said CGA would come into the market in the next two or three years. And this appointment is also a preparation for IPO.

Liang Yonglun is the former CEO of Optic Communications Co., Ltd. and C Y Foundation Group Ltd., who has rich experience in game industry, as well as a successful background in capital management. Before that, He used to be the CEO of Hongkong Billybala. He aided the IPO and financing for both companies. He was also the key role in the purchase of Optic by China.com.

Shanda CGA is the biggest electronic sports platform in China, which was fully purchased by Shanda. After that, in addition to develop its advantages in game platform, CGA also reached into community videos.