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Analysts said a stringent intellectual property protection system will not only help authors, but will boost growth of the online literature industry.

Analysts attribute the profit growth to the bullish A-share market in March. According to Bloomberg, average daily stock turnover of the market hit 887 billion yuan in March, or 50 percent higher than in February, driving brokerage revenue up.

An overhaul of the two sites was requested and their operators asked to deliver a written report on their rectification and improvement, the administration said. Further actions were pending.

Analysts attributed the slowing profit growth to economic slowdown, and believe the country's debt-for-equity swap policies and enhanced government regulation helped improve their bad loan management performance.

And his challenge now, he said, is to try and make the best possible decisions for the company.