Alpha Group Co., Ltd. is a multinational conglomerate that specializes in animation, toys, mass media assets, and entertainment. It was founded in 1993 by Cai Dongqing and is headquartered in China. In 2016, the company changed its name from Alpha Animation to Alpha Group Co., Ltd. It has a website for webcomics called U17 and also owns an American film company called Alpha Pictures. Additionally, the company has announced plans to establish an animation division in the United States.