Hudong.com and Beijing Wanfang Data Enter Into Strategic Cooperation Agreement

BEIJING, May 23, 2012 /PRNewswire-Asia/ -- Hudong.com, the world's largest Chinese-language encyclopedia website, recently entered into a strategic cooperation agreement with Beijing Wanfang Data, a well-known China-based information and content service provider. The two companies' open-ended cooperation will combine their respective distinctive resources to provide accurate matching of Hudong.com's terminology with Beijing Wanfang Data's tens of millions of scientific and technical articles and related files, providing users with more convenient and comprehensive content information services and further enhancing user experience. Tens of millions of users of both sites will benefit from the cooperation.

Beijing Wanfang Data is a leading China-based integrated information service provider focusing on information resource products, added value information services and information processing solutions. Wanfangdata.com.cn, a top-ranking platform of information resources and added value services, provides access to a repository of various scientific and technical articles and related files including the full text of more than 20 million academic journals, over 30 million technology patents and more than 2.2 million conference papers. As the world's largest Chinese-language encyclopedia website, Hudong.com is continuously committed to providing hundreds of millions of Chinese users with vast, comprehensive and updated encyclopedic information. As of March 2012, Hudong.com boasted 6.4 million vocabulary entries, 6.4 billion words and 6.8 million images contributed by more than 4.6 million users.

The two companies have already completed the data matching and synchronization. Information resource pages including academic journal papers, dissertations and patents that form part of wanfangdata.com.cn vast resources of information have been matched with related terminology from Hudong.com, allowing users to rapidly find related articles based on the entered terms. Furthermore, users can take their research deeper with searches through academic journals and papers that have been matched to Hudong.com's terminology database. Based on both companies' mutual philosophy of each side sharing everything they have with the other, the successful cooperation between Hudong.com and Beijing Wanfang Data openly integrates all of their existing content, thus providing Chinese online users with an fully interconnected knowledge platform.

Yu Xiaosong, general manager of digital publishing at Beijing Wanfang Data, said that the agreement represents a truly comprehensive collaboration combining their respective resource advantages in platform and content. "Access to Hudong.com's abundant Chinese-language encyclopedia content will further complement Wanfang Data's one-stop services, meeting the demand for information coming from the user bases of both companies," added Yu.

Li Yongmei, vice president of Hudong.com, stressed that dissemination of knowledge is Hudong.com's mission in its role as a member of the social knowledge media community and reaffirmed the strategic significance of the cooperation with Beijing Wanfang Data. Hudong.com's millions of terms in its terminology database provide users with more convenient and detailed knowledge services and enhance user experience through an interactive display available to all online users, increasing Hudong.com's value in terms of knowledge dissemination and sharing.

The cooperation between Hudong.com and Beijing Wanfang Data is the model of a successful integration of an information service and an online encyclopedia and demonstrates the increasingly apparent trend of knowledge service convergence in China, according to industry insiders. Players in the knowledge service market increasingly recognize the importance of win-win cooperations. These kinds of mutual collaborations will lead to even more cross-sector cooperation, creating an ever more powerful driver for the development of the knowledge service market in China.

PR contact:

Liu Jing
Hudong.com PR department
T: +86-10-5778-6666 x6058
M: +86-137-1820-6116
Email: liujing@hudong.com