South Korean online game company ACTOZ announced that they have appointed Guo Haibin, former general manager of Qihoo 360's online game business unit, as new chief executive officer of the company, replacing Qian Donghai, president of Shanda Games.

According to the appointment email sent by ACTOZ's board of directors, the company believes that Guo's experience will help them promote their global mobile game development and operation and full intellectual property development.

After Shanda Games gained the controlling shares of ACTOZ in 2007, the South Korean company has been the overseas operating center of Shanda Games. In 2013, Shanda Games successfully launched Million Arthur and ACTOZ was the global operating core for the game. In June 2015, ACTOZ revealed a large plan, which covered 30 new mobile games, during its global strategy conference and the company further enhanced its role as the overseas publishing center of Shanda Games.

Over the past few years, ACTOZ's Chinese mainland business was grown via Shanda Games as the latter has mature agent, development, operation, and publishing systems.