As part of this agreement, CDC Games will jointly own the intellectual property (IP) of the game after the game is fully developed, and will have exclusive rights to license the game to certain third parties. CDC Games also will be assisting in the design of the game, as it plans to leverage feedback from gamers on how to improve the game.

Mythical Legend is a game of two dimensional graphics where players alternate turns with their opponents. Based on a classic, ancient Chinese fantasy novel called Fengshen Bang (The Investiture of the Gods), Mythical Legend offers gamers a combination of a comic and classical Chinese-style game, with player versus player (PvP) gameplay.

Other new local games planned for this year include East Fantasy, a cartoon-type 3D massive multiplayer online action role playing game (MMOARPG) that is currently completing its final phase of testing, and Richman Universe, a casual MMORPG based on the themes of the popular Monopoly and battle chess games.

“We are excited to reach this agreement since this enables CDC Games to evolve from a pure publisher of games into a co-developer status where we jointly share in the IP and maintain influence over the direction of the game,” said Simon Wong, CEO of CDC Games. “Notably, as joint-owner of the IP, we believe we will enjoy higher operating margin than if we were only a publisher of the game. Since we also plan to rely on gamers’ feedback, we feel Mythical Legend will be a true game of the players, by the players and for the players, which we believe ultimately increases its prospects for success. This agreement also marks another step forward in our previously announced plans to launch new local games in China that further enrich our diverse games portfolio.”