HONG KONG , November 26, 2014 /PRNewswire/ -- Shanda Games Limited (NASDAQ: GAME, " Shanda Games " or the "Company"), a leading online game developer, operator and publisher in China , has been informed by Shanda Interactive Entertainment Limited ("Shanda Interactive"), the former controlling shareholder of Shanda Games , of the completion of the sale by Shanda SDG Investment Limited ("Shanda SDG"), a wholly owned subsidiary of Shanda Interactive, of (i) 48,759,187 class B ordinary shares of the Company ("Class B Shares") to Zhongrong Shengda Investment Holdings ( Hong Kong ) Company Limited ("Zhongrong"), a company formed under the laws of Hong Kong and an affiliate of Ningxia Zhongyincashmere International Group Co., Ltd.
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