祖龍娛樂有限公司 Archosaur Games Inc. (Incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立的有限公司 ) Stock Code 股份代號 : 9990 ANNUAL REPORT 2024 年 報 目錄 | | 頁次 | | --- | --- | | 釋義 | 2 | | 公司資料 | 8 | | 財務概要 | 10 | | 主席致辭 | 12 | | 財務表現摘要 | 15 | | 管理層討論與分析 | 16 | | 董事會報告 | 30 | | 董事及高級管理層履歷詳情 | 63 | | 企業管治報告 | 69 | | 獨立核數師報告 | 82 | | 綜合損益表 | 88 | | 綜合全面收益表 | 89 | | 綜合資產負債表 | 90 | | 綜合權益變動表 | 92 | | 綜合現金流量表 | 94 | | 綜合財務報表附註 | 96 | 於本年報內，除文義另有所指外，下列詞彙具有以下涵義： | 「修訂日期」 | 指 | 2022年12月22日，即購股權計劃的修訂獲股東在本公司於202 ...

Summary of Conference Call Records Company and Industry Overview - The records primarily discuss the gaming industry, focusing on a company named "闪云" (Shan Yun) and its various gaming products and strategies. The company has seen significant growth in user engagement and revenue, particularly in the Chinese market. Key Points and Arguments 1. **User Growth and Engagement**: By the end of 2024, Shan Yun's global gaming users exceeded 20 million, with significant increases in core gaming metrics during holiday seasons and new game releases [1] 2. **Game Performance**: The game "展明" (Zhan Ming) celebrated its two-year anniversary with substantial upgrades, achieving record high revenue on its launch day, indicating strong player enthusiasm [2] 3. **Cultural Integration**: The company emphasizes the importance of cultural elements in gaming, showcasing its ability to blend traditional culture with modern gameplay, which enhances user experience [3][21] 4. **Product Development and Innovation**: Shan Yun is committed to continuous innovation in gameplay and technology, including the integration of AI and advanced graphics to enhance player immersion [4][35] 5. **Financial Performance**: The company reported a gross profit margin of 7.4% for 2024, with a 27% year-over-year increase in gross profit, indicating effective cost management and revenue growth strategies [19] 6. **Market Expansion**: The company plans to expand its product offerings beyond mainland China, with expectations of increased revenue from international markets [17] 7. **R&D Investments**: Shan Yun has increased its R&D spending, focusing on improving product quality and operational efficiency, which has led to a 30% increase in unrecognized revenue [18][32] 8. **Community Engagement**: The company actively engages with its player community through various online platforms, enhancing brand loyalty and user feedback integration [9] 9. **Strategic Partnerships**: Shan Yun is exploring collaborations with cultural institutions to enhance its gaming content and reach a broader audience [23] 10. **Future Outlook**: The company is optimistic about its growth trajectory, with plans for new game releases and continued investment in innovative technologies to maintain competitive advantage [31][34] Additional Important Content - **Diverse Game Portfolio**: The company has released 23 classic mobile games, with several achieving over 4 billion RMB in cumulative revenue, showcasing its strong market presence [11] - **Player-Centric Design**: Shan Yun focuses on player feedback and preferences in game design, ensuring that new features resonate with its audience [25] - **Cultural and Emotional Connection**: The integration of emotional and cultural elements in gameplay is seen as a key strategy to enhance player engagement and satisfaction [30][38] - **Technological Advancements**: The company is leveraging AI to create more interactive and personalized gaming experiences, which is expected to drive future growth [36][37] This summary encapsulates the essential insights from the conference call records, highlighting the company's strategic initiatives, market performance, and future directions in the gaming industry.

近年来，随着人工智能技术的快速发展，游戏行业正迎来新一轮变革机遇。从辅助工具到游戏玩法， AI正在重塑游戏的交互体验与内容生产方式。在这一趋势下，祖龙娱乐凭借对前沿技术的敏锐洞察， 率先将AI技术与经典IP深度融合，推出《龙族：卡塞尔之门》(以下简称《龙卡》)的版本更新，为行业 提供了"技术+IP"协同发展的新范式。 作为一家深耕游戏研发与IP运营的大厂，祖龙娱乐通过《龙卡》验证了AI技术在提升玩家沉浸感、延长 产品生命周期中的关键作用，同时展现了其在全球化战略中的技术底气与IP运营能力。 技术突破：DeepSeek智能NPC的研发与应用 1.智能NPC的差异化价值 传统AI助手通常以功能导向为主，提供攻略查询、任务指引等基础服务，交互模式较为单一。而《龙 卡》基于DeepSeek技术开发的智能NPC，则聚焦于IP角色的人格化塑造，实现了从"工具"到"伙伴"的跨 越。 祖龙娱乐团队以《龙族》IP中的人气角色"诺玛"为对象，通过深度训练AI模型，精准还原了其语气习 惯、知识体系及性格特点。玩家在与诺玛的互动中，不仅能探讨原著剧情细节，还能触发符合角色设定 的隐藏对话。例如，当涉及原著未填的"坑"或敏感话题时，诺 ...

祖龙娱乐：精品助力收入稳健增长，创新驱动高质量发展 2023年3月，中国领先的移动游戏公司祖龙娱乐（09990）推出自研自发的首个国产女性向3A游戏——《以闪亮之名》国服版本。游戏凭借独特玩法与 精美的设计，吸引大量玩家，如今已成为祖龙娱乐的"现金牛"产品，更是公司业绩增长的重要引擎。 2024年，《龙族：卡塞尔之门》的上线，为祖龙娱乐的发展再度按下"加速键"。2025年3月21日，祖龙娱乐如期交出了一份稳健增长的2024年成绩单， 多项业绩指标表现出色。财报显示，公司期内实现收益达11.41亿元，同比增长25.6%；毛利为8.26亿元，同比增长27%。 在全球"研运一体化"战略的带动下，祖龙娱乐得以进一步提高自身研发转化率，并持续优化业务结构。2024年，公司综合游戏发行及运营业务营收达到 10.35亿元，同比显著增长45.9%。综合游戏发行与运营业务占公司收入比重达到90.7%，同比提升12.6个百分点。 | | 2024年 | | 2023年 | | --- | --- | --- | --- | | | (人民幣 | 佔總收益 | (人民幣 | | | 百萬元) | 自分比 | 自鳥元) | | 開發 ...

Financial Performance - Total revenue for the year ended December 31, 2024, reached RMB 1,141.1 million, representing a 25.6% increase from RMB 908.5 million in 2023[5] - Gross profit increased by 27.0% to RMB 826.0 million, up from RMB 650.4 million in the previous year[5] - Adjusted net loss for the year was RMB 270.0 million, a 4.6% decrease from RMB 282.9 million in the previous year[5] - Operating loss narrowed to RMB 341.4 million, a 4.4% improvement from RMB 357.0 million in 2023[5] - The company incurred a net loss of RMB 287,246,000 for the year, an improvement from a loss of RMB 315,561,000 in 2023, showing a 9.5% reduction in losses[89] - Total equity attributable to owners decreased by 9.8% from RMB 2,333.9 million in 2023 to RMB 2,105.3 million in 2024, primarily due to operating losses[48] - The company reported a cumulative loss of RMB (3,287,058,000) as of December 31, 2024, compared to RMB (2,999,812,000) in 2023, reflecting an increase in losses[96] Revenue Sources - Revenue from game publishing and operations reached RMB 1,035.0 million, up 45.9% from RMB 709.3 million in 2023[33] - Revenue from mainland China was RMB 884.5 million, a 49.4% increase compared to RMB 592.1 million in 2023[35] - Revenue from regions outside mainland China was RMB 256.6 million, a decrease of 18.9% from RMB 316.4 million in 2023[35] - Revenue from online games under comprehensive game publishing and operation increased to RMB 1,034,972,000, up from RMB 709,300,000 in 2023, representing a growth of 46%[108] Game Development and Launches - The company launched 23 premium mobile games, achieving over RMB 100 million in first-month revenue for the self-developed project "Dragon Tribe: The Gate of Kassel"[7] - The new game "In the Name of Shining" has maintained significant revenue and excellent user retention rates, showcasing the company's commitment to high-quality product iterations[8] - The game "Dragon Tribe: Kassel's Gate" generated over RMB 100 million in its first month, achieving a top position on the iOS free game chart in China[23] - The company plans to launch 8 new game products globally between 2025 and 2027, including various genres such as MMORPG and strategy card games[26] Research and Development - Research and development expenses decreased by 8.6% to RMB 532.1 million, compared to RMB 582.2 million in 2023[5] - The company is focusing on integrating advanced technologies such as Large Language Models and high-intelligence NPCs to enhance player experience[10] - The company aims to leverage AI advancements to drive innovation and improve product efficiency, with a focus on high-quality game content[15] Marketing and Sales - Sales and marketing expenses surged by 105.8% to RMB 565.0 million, up from RMB 274.5 million in the prior year[5] - The operational strategies include cross-industry collaborations and diverse user engagement activities to enhance user experience and retention[23] Cash Flow and Assets - As of December 31, 2024, the company's net current assets were RMB 1,355.7 million, with cash and cash equivalents totaling RMB 1,139.2 million[48] - The net cash used in operating activities was RMB 188.0 million, an increase of 136.5% compared to RMB 79.5 million for the year ended December 31, 2023[51] - The net cash generated from investment activities for the year ended December 31, 2024, was RMB 122.5 million, a significant improvement from the net cash used of RMB 589.1 million in the previous year[52] - Cash and cash equivalents decreased by 21.9% to RMB 433.7 million as of December 31, 2024, from RMB 555.0 million at the end of the previous year[50] Employee and Compensation - As of December 31, 2024, the company employed 1,083 full-time employees, with approximately 77.65% being R&D personnel[65] - Employee compensation and benefits costs amounted to RMB 551.2 million for the year ended December 31, 2024, down from RMB 589.8 million for the previous year[65] - The company is committed to providing competitive and fair compensation and benefits, with regular performance evaluations and quarterly recognition for outstanding employees[65] Strategic Outlook - The company aims to expand its product matrix and explore competitive niches in the gaming market while maintaining a focus on quality and innovation[9] - The strategy has shifted from merely "going out" to a deeper "going in" approach, tailoring game development and operations to local market characteristics[13] - The company has provided a positive outlook for the next quarter, projecting a revenue growth of 20%[154] - Market expansion plans include entering three new countries, aiming for a 30% increase in market share[154] Awards and Recognition - The company has received the "ESG Pioneer Award" at the 5th Financial Association ESG Forum for its commitment to social responsibility and cultural innovation[14]

我们后续的产品当然MMO为核心玩法的这种游戏澳津就更不必说了但是在这种比如说卡牌类的游戏或者说RPG的手游就是卡通情侣这类手游里面其实我们也是会用到MMO的一些交友的这样一些玩法它主要是在提升用户的粘性方面有很好的一个帮助包括这种社区的这样的一种互动 还有这种交友团队作战GVG的这样的一些玩法里面其实它会有更好的一个对游戏的提升在更加健康的这种生态上会有很好的帮助但是我们其实也注意到不同类玩家的一些不同的需求那么有些玩家他在这种交友互动上是有很强的意愿的那么在这类玩家里面其实我们会在 这一类型的玩法上会给予他们有一定的体验当然也会有一些玩家他们是更希望去做一些这种 单机类的这样的一些体验的那么对这一类玩家我们也希望他能够在游戏里面获得一个很好的一个平衡以及有很好的一个游戏体验的一个角度和方式所以在游戏内其实我们对这两类玩家都会做到一个很好的规划就是通过游戏的玩法 通过游戏内的数值体验和基础上能够让不同类的玩家都能够在游戏中体现到他希望能够获得的游戏的快乐下面新增一条文字提问问题是开放世界的提升空间如何理解?谢谢 开放世界本身来讲是一个游戏的一个很大的一个玩法那么在开放世界的一个角度上来说其实我们会觉得目前来讲 ...

好的 各位投资者好我是华创团媒互联网派对的分析师刘文轩欢迎大家参加我们活动人选2015年度策略会主龙娱乐的线上交流我们今天也是邀请到了主龙娱乐的侯总以及整个IR TEAM跟我们进行一个线上的分享我们首先还是请侯总帮我们简单更新一下公司的一个近况然后我们会开启一个Q&A环节好的 侯总 谢谢 谢谢刘总也非常感谢今天各位在线的投资人我是祖龙娱乐IR团队的侯宁今天和我在一起的也有我们团队的另外两位同事王婷和王金苑我们会先简要的将公司定期的一些 产品动态和战略的进展跟大家做一个分享大概十分钟左右随后我们会有QA环节的交流跟大家一起做对关心的问题去进行一起的互动我会先把时间交给我的同事王平跟大家做分享谢谢 各位读者大家好感谢大家今天参加这个电视标语会那么我将简单介绍一下这些公司的人品规定和产品的更新情况 在研发和技术的方向,我们减轻市场变化,结合创新的玩法,持续提升品牌成绩。凭借多年在虚幻引擎方面持续的探索和应用的深厚积累,我们积极推进优有引擎的应用与产品相结合,在以移动砖设计为主的奥丁项中实施落地。针对移动砖技术要求更高的特点, 在将虚幻引擎的P基端迁移到移动端的过程中我们解决了诸多适配和应用上的难点并力求将移动端的表 ...

大家好欢迎参加开源传媒祖龙娱乐经营近况的交流目前粉丝团会者均处于静音状态下面开始播放免责声明声明播放完毕后主持人可直接开始发言好的各位投资者下午好我是开源传媒互联网研究员田鹏今天非常荣幸地请到了祖龙娱乐管理层来跟我们进行交流和沟通 那首先还是想请主播一位侯总来帮我们简单的更新一下公司最近的一些情况然后接下来时间再有活动 谢谢田总,非常感谢今天各位在线的投资人,我是祖隆娱乐爱尔团队的侯明。很高兴今天和大家分享公司近期的一些产品的动态,以及我们一些持续的一些战略的一些跟进的一些情况。我们会先有一个简要的一个介绍,我会先把时间交给我的同事王婷和大家做分享。 一分钟左右的时间最后我们会开放问答环节跟大家我和大家一起交流我先把时间交给我的同事谢谢好的各位同事们大家好感谢大家参加今天的现场交流会我将简要介绍一下地区公司的整体推进和产品中心的情况在研发和技术的方向我们紧随着市场的变化结合创新的玩法 我们继续推进U15引擎的应用和成品相结合在无动端设计为主的2D项目中实施作品针对移动端技术要求更高的特点在将虚幻引擎的PC端迁移至移动端的过程中我们解决了诸多适配和萤幕上的难点并力求将移动端的表现效果和主机端相媲美 面对新技术的 ...

Archosaur Games Inc. 祖龍娛樂有限公司 祖龍娛樂有限公司 Archosaur Games Inc. 2024 INTERIM REPORT 中期報告 (Incorporated in the Cayman Islands with limited liability) | --- | --- | --- | --- | --- | --- | |------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | ( 於開曼群島註冊成立的有限公司 ) | | | | | | | Stock Code 股份代號 : 9990 | | | | | | | 2024 中期報告 Interim Report | | | | | | | | | | | | | 目錄 頁次 釋義 2 公司資料 6 財務表現摘要 8 管理層討論與分析 9 其他資料 22 中期財務資料審閱報告 33 中期簡明綜合損益表 34 中期簡明綜合全面收益表 35 中期簡明綜合資產負債表 36 中期簡明綜合權益變動 ...

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，概不就因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 ARCHOSAUR GAMES INC. 祖龍娛樂有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9990） 截至2024年6月30日止六個月的中期業績公告 祖龍娛樂有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈本公司及其 附屬公司（統稱「本集團」）截至2024年6月30日止六個月的未經審核綜合中期業績 （「業績公告」）如下。 本集團截至2024年6月30日止六個月的中期業績已經審核委員會審閱並由本公司 獨立核數師羅兵咸永道會計師事務所根據國際審計與鑒證準則理事會頒佈的國際 審閱準則第2410號「由實體的獨立核數師執行中期財務資料審閱」審閱。 1 財務表現摘要 附註： | --- | --- | --- | --- | |------------------------------------------------------|------------------------- ...