Ding Lei founded NetEase Inc. in May 1997 and holds more than 50 percent of the shares. In July 1998, the website of www.163.com took the first place of the Top 10 Chinese Websites in the online poll initiated by China Internet Network Information Center (CNNIC). It only took two years for NetEase Inc. to become one of the most famous portals of China. In June 2000, NetEase Inc. was listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), and started to lead the rising trend of the NASDAQ since it generated a gross profit for the first time in the second quarter of 2002.