Investment Rating - The report maintains a positive outlook on the undervalued and high-growth gaming sector, suggesting it as a potential investment opportunity [1]. Core Insights - The media and internet sector experienced a decline, with the media index falling by 1.4%, underperforming the Shanghai Composite Index by 0.3%. The trading volume decreased to 181.7 billion yuan, reflecting a shrinking market [5][6]. - The report emphasizes the gaming sector's potential for high growth in Q1 and the entire year, highlighting companies like Giant Network, Century Huatong, and Xindong Company as key players [5][19]. - The AI sector is noted for its exponential growth, with the daily usage of "tokens" surpassing 140 trillion in March 2026, marking a growth of over 1000 times in two years. Companies such as Minimax, Alibaba, and Shunwang Technology are recommended for investment [5][19]. - The IP industry is described as experiencing upward fluctuations, driven by AI integration and long-term value creation. Companies like Pop Mart and Reading Group are highlighted for their strong market positions [5][19]. Summary by Sections Market Performance - The media index underperformed, with a 1.4% decline and a trading volume of 181.7 billion yuan, which is a decrease from previous weeks [5][6]. - All sub-sectors within media saw declines, with digital media dropping over 2% and advertising marketing down more than 1.5% [15]. Gaming Sector - The report suggests continued focus on the gaming sector due to its low valuation and high growth potential, with expected strong performance from companies like Giant Network and Century Huatong [5][19]. - Upcoming game releases, such as "Wangzhe Rongyao World" and "Yihuan," are anticipated to maintain supply-side strength [5][19]. AI Sector - The AI sector is highlighted for its rapid growth, with significant increases in token usage and the introduction of new multi-modal models by companies like MiniMax [5][19]. - The report recommends monitoring companies involved in AI content creation and cloud computing [5][19]. IP Industry - The IP industry is noted for its resilience and growth potential, with companies like Pop Mart and Reading Group leading the market [5][19]. - Recent collaborations and product launches in the IP space indicate ongoing innovation and market engagement [5][19].

Financial Performance - For the fiscal year ending December 31, 2025, IGG Inc. reported a revenue of HKD 5.5 billion and a profit of approximately HKD 590 million, showing stable year-on-year growth[9]. - The group achieved total revenue of HKD 5.5 billion in 2025, maintaining a stable performance despite slight fluctuations year-on-year[19]. - The profit for the year was approximately HKD 585.8 million, with core business profit (non-IFRS) contributing about HKD 566.7 million[31]. - The company's revenue for the year ended December 31, 2025, was HKD 5.497 billion, a decrease of 4% from HKD 5.737 billion in 2024[35]. - The main business profit (non-IFRS) for 2025 was HKD 566.714 million, down from HKD 655.542 million in 2024[32]. - The gross profit for the year was HKD 4.560 billion, slightly down from HKD 4.611 billion in 2024, with a gross margin of 83%, up from 80% in the previous year[38]. Game Performance - The game "Doomsday: Last Survivors" has achieved a monthly revenue peak of HKD 130 million, marking a significant growth momentum for 2026[11]. - The mobile game "Doomsday: Last Survivors" generated revenue of HKD 1.14 billion, reflecting a year-on-year growth of 12%[21]. - The mobile game "Viking Rise" contributed HKD 720 million in revenue, with a year-on-year increase of 6%[22]. - The flagship product "King of Kingdoms" has accumulated nearly HKD 35 billion in total revenue over its ten-year lifespan, solidifying the company's position in the global SLG market[10]. - The classic game "King of Kingdoms" celebrated its 10th anniversary, contributing HKD 2.17 billion in revenue[20]. - The newly launched game "Fate War" reached a monthly revenue of HKD 30 million and had approximately 4.7 million registered users[23]. - The game "Viking Rise" has contributed to the company's stable performance and is considered a core product alongside "Doomsday: Last Survivors"[11]. APP Business - The APP business generated HKD 1.06 billion in revenue for 2025, contributing 19% to the group's total revenue and achieving a profit exceeding HKD 100 million[14]. - The APP business generated HKD 1.06 billion in revenue, accounting for 19% of the group's total revenue, and achieved over 67 million monthly active users, an 8% increase from 2024[28]. - The company aims to deepen user experience and expand its user base as part of its platform development strategy for the APP business[14]. Strategic Initiatives - The company has developed a diverse product matrix consisting of "old, middle-aged, and young" game products, ensuring a stable growth trajectory[9]. - The company has strategically integrated AI technology into its operations, leading to significant cost reductions and efficiency improvements[15]. - The newly launched game "Fate War" has received global recommendations from Apple and Google, with plans for increased promotion in 2026 to establish it as a new growth engine[13]. - The company is approaching its 20th anniversary in 2026, emphasizing a commitment to innovation and user-centric development[15]. Investment and Financial Management - The investment business recognized a profit of approximately HKD 19 million, influenced by fair value changes of investment targets[29]. - The company's external investments amounted to HKD 554 million as of December 31, 2025, down from HKD 580 million as of December 31, 2024, including interests in associates and joint ventures[61]. - The total net gain from the disposal and deemed disposal of associates and joint ventures was HKD 19.04 million for the year ended December 31, 2025, compared to a loss of HKD 72.96 million for the year ended December 31, 2024[63]. - The company has capital commitments of HKD 29.47 million, primarily for investments in mobile internet and gaming-related funds[71]. Corporate Governance - The company emphasizes corporate governance and has established a robust framework to ensure compliance and ethical practices[88]. - The company has adopted a corporate governance code to ensure transparency and accountability to shareholders, with a focus on internal controls and risk management[89]. - The board currently consists of nine members, including five executive directors, one non-executive director, and three independent non-executive directors, ensuring a balance of power and authority[91]. - The company has established committees including an audit committee, a remuneration committee, and a nomination committee, each with clearly defined responsibilities[109]. ESG and Social Responsibility - The company has established ESG policies to balance business objectives with stakeholder interests, aiming for sustainable development[140]. - The company actively participates in community building and social responsibility through volunteer activities and charitable donations[153]. - The company has integrated Environmental, Social, and Governance (ESG) risks into its risk management framework, ensuring compliance with relevant laws and regulations[126]. - The company conducts annual anti-corruption training for all directors and employees, achieving a 100% coverage rate[166]. Employee and Talent Management - As of December 31, 2025, the company had 2,321 employees, with total employee-related costs reaching HKD 981 million, an increase from HKD 935 million for the year ended December 31, 2024[59]. - The company has established a global talent pool and regularly assesses talent needs to ensure adequate supply[200]. - The company encourages the employment of disabled individuals, providing opportunities and financial support where applicable[200]. Risk Management - The board has established a risk management and internal control system, which is reviewed quarterly, and no significant internal control deficiencies or weaknesses were identified for the year ending December 31, 2025[126]. - The company has implemented IT system controls to ensure that sensitive data is accessible only to authorized personnel[127]. - The company has a policy in place for shareholders to submit inquiries to the board, ensuring effective communication and response to shareholder concerns[131].

EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | IGG INC | | 股份代號 | 00799 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至二零二五年十二月三十一日止年度之特別股息 | | | 公告日期 | 2026年3月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 特別股息 | | | 股息性質 | 特別股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年12月31日 | | 宣派股息 | 每 股 0.477 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.477 HKD | | 匯率 | 1 HKD : ...

免責聲明 EF001 | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | --- | --- | | | 股票發行人現金股息公告 | | 發行人名稱 | IGG INC | | 股份代號 | 00799 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二五年十二月三十一日止年度之第二次中期股息 | | 公告日期 | 2026年3月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | --- | --- | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年12月31日 | | 宣派股息 | 每 股 0.067 HKD | | 股東批准日期 | 不適用 | 香港過戶登記處相關信息 | 派息金額及公司預設派發貨幣 | 每 股 0.067 HKD | | --- | - ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 IGG INC （於開曼群島註冊成立的有限公司） 香港，二零二六年三月十三日 於本公告日期，董事會包括五名執行董事，即蔡宗建先生、許元先生、張竑先生、沈潔蕾女士及 陳豐先生；一名非執行董事，即池元先生；及三名獨立非執行董事即甘偉民先生、李鳳女士及陳 合火先生。 承董事會命 IGG Inc 主席 蔡宗建 （股份代號：799） 董事會召開日期 IGG Inc（「本公司」）之董事（「董事」）會（「董事會」）謹此宣佈，本公司將於 二零二六年三月二十五日（星期三）舉行董事會會議，其中議程包括審議及批准本公 司及其附屬公司截至二零二五年十二月三十一日止年度之全年業績及其刊發，以及考 慮派發股息之建議（如有）。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: IGG Inc (於開曼群島註冊成立的有限公司) 呈交日期: 2026年3月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00799 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | 0.0000025 | USD | | 5,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 2,000,000,000 | USD | 0.0000025 | USD | | 5,000 | 本月底法定/註冊股本總額： ...

Core Insights - The article provides an overview of the top 30 Chinese non-gaming and gaming companies in terms of overseas revenue for January 2026, highlighting trends and performance in the mobile application market [1][2][6]. Non-Gaming Companies - ByteDance and YY Group continue to lead the overseas revenue rankings, despite a slight decline in revenue [2][3]. - Ruqi Software returned to the third position, with its app "PictureThis" experiencing a revenue increase of over 52.2% due to successful holiday marketing campaigns [3][4]. - Companies like 合合信息 and iQIYI saw minor revenue growth, benefiting from holiday effects on their office tools and streaming applications [4]. - Daily Yoga's revenue increased by over 50.4% due to a successful New Year campaign focused on "Chair Yoga" [4][5]. - Several companies at the lower end of the ranking, such as Appxy and 大华科技, experienced slight revenue growth [5]. Gaming Companies - The gaming market showed increased activity in January, with top companies maintaining their positions, including 点点互动, Tencent, and 柠檬微趣 [6][8]. - 点点互动's game "Tasty Travels: Merge Game" achieved an estimated revenue of over $16 million, reinforcing its leading position [7][8]. - 悠星网络's games celebrated anniversaries, leading to significant revenue increases of 139.3% and 75.9% for its titles [8]. - 新游 "明日方舟：终末地" from 鹰角网络 made a strong return to the rankings, achieving notable revenue in its first weeks [8][9]. - 心动网络's new game "Heartopia" saw a revenue increase of over 147.9% due to effective marketing strategies [9].

Group 1 - The core point of the article highlights the short-selling ratios and amounts for various companies, indicating significant market activity and investor sentiment towards these stocks [1][2]. Group 2 - The top three companies by short-selling ratio are China Resources Beer (80291), Great Wall Motor (82333), and JD Health (86618), all at 100.00% [1][2]. - The top three companies by short-selling amount are Meituan (03690) with 1.878 billion, Zijin Mining (02899) with 1.770 billion, and Tencent Holdings (00700) with 1.606 billion [1][2]. - The companies with the highest deviation values in short-selling are Kuaishou (81024) at 36.81%, Zhaojin Mining (01818) at 33.02%, and China Shipbuilding Leasing (03877) at 30.32% [1][2].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: IGG Inc (於開曼群島註冊成立的有限公司) 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00799 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.0000025 | USD | | 5,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | | | 本月底結存 | | | 2,000,000,000 | USD | | 0.0000025 | USD | | 5, ...

Group 1 - IGG (00799.HK) announced a share buyback on January 21, 2026, spending HKD 523,600 to repurchase 137,000 shares at a price range of HKD 3.80 to HKD 3.83 per share [1]