According to sources on July 16, Xinhuaxinmei Cultural Communication Co., Ltd. today held a signing ceremony for a memorandum of strategic investment and cooperation jointly with Cloudary.com.cn, and declared that it made a strategic investment in Cloudary.com.cn. This also means that Cloudary.com.cn gained a new round of fundraising subsequent to its fundraising of US$110M from Goldman Sachs and Temasek.