OWEGO INKFLOW LIMITED / HONG KONG TENZHUO CO.

# Novelago - Online Novel Reading Platform Business Overview

## Platform Overview
Novelago is a global online novel reading platform that provides users with rich novel content and high-quality reading experiences. The platform supports multiple languages and features a comprehensive paid reading system and user management system.

## Core Business Model

### 1. Free Content Strategy
- **Free Chapters**: Each novel provides some free chapters for users to try
- **Limited Time Free**: Regular limited-time free events to attract user registration
- **New User Benefits**: New registered users receive free reading vouchers and coin rewards

### 2. Paid Content System
- **Single Chapter Purchase**: Users can purchase individual chapters using virtual coins
- **Bulk Purchase**: Options to purchase entire novels or chapter packages
- **Membership Subscription**: Monthly/annual unlimited reading membership for all content

### 3. Virtual Currency System
- **Coin System**: Primary virtual currency for purchasing chapters and special content
- **Reward Mechanism**: Earn reward coins through reading, check-ins, and sharing
- **Limited Time Offers**: Regular coin recharge promotional activities

## User Service System

### 1. Content Discovery
- **Homepage Recommendations**: Content recommendations based on user preferences and popularity
- **Category Browsing**: Classification by novel type, theme, and author
- **Search Function**: Multi-dimensional search by book title, author, tags
- **Ranking Lists**: Various ranking lists including popular, new, completed works

### 2. Reading Experience
- **Personalized Settings**: Adjustable font size, background color, line spacing
- **Reading Progress**: Automatic recording and synchronization of reading progress
- **Offline Reading**: Support for downloading chapters for offline reading
- **Multi-device Sync**: Reading progress synchronization across phones, tablets, and computers

### 3. Social Features
- **Bookshelf Management**: Personal favorites folder to manage liked books
- **Reading History**: View historical reading records
- **Comment Interaction**: Comment on books and chapters
- **Share Recommendations**: Share favorite books with friends

## Content Operations

### 1. Content Classification
- **Novel Types**: Romance, Mystery, Fantasy, and Sci-Fi, etc.
- **Content Tags**: Light-hearted, Heart-wrenching, Sweet, Rebirth, Time-travel, etc.
- **Completion Status**: Ongoing, Completed, On Hold
- **Word Count Scale**: Short, Medium, Long novels

### 2. Author System
- **Author Information**: Display author profiles and work lists
- **Author Zones**: Dedicated pages for popular authors
- **New Author Support**: Recommendations and exposure for new author works

### 3. Content Updates
- **Update Notifications**: Notifications for subscribed book updates
- **Update Frequency**: Display update patterns for various books
- **Completion Reminders**: Special recommendations for completed works

## Membership Service System

### 1. Regular Users
- **Free Reading**: Some free chapters and limited-time free content
- **Coin Purchases**: Use coins to purchase paid chapters
- **Basic Features**: Reading, bookmarking, commenting, and other basic functions

### 2. Member Users
- **Unlimited Reading**: Free access to all content
- **Exclusive Badges**: Member-exclusive avatars and badges
- **Priority Service**: Priority customer service handling
- **Exclusive Events**: Member-only events and benefits

### 3. Premium Members
- **Early Reading**: Early access to new chapters
- **Exclusive Content**: Member-only side stories and special content
- **Customized Services**: Personalized recommendations and customized services

## Payment and Recharge

### 1. Recharge Packages
- **Small Packages**: Suitable for occasional readers
- **Medium Packages**: Suitable for frequent readers
- **Large Packages**: Suitable for heavy readers
- **Limited Time Offers**: Holiday and special period promotional activities

### 2. Payment Methods
- **Credit Cards**: Support for mainstream credit card payments
- **Mobile Payments**: Apple Pay, Google Pay
- **Digital Wallets**: PayPal and other digital wallets
- **Local Payments**: Localized payment methods for different regions

### 3. Promotional Activities
- **First Recharge Bonus**: New user first recharge benefits
- **Recharge Rebates**: Additional rebates for large recharge amounts
- **Holiday Events**: Special holiday promotions
- **Member Discounts**: Member-exclusive recharge discounts

## User Operations