G-bits(SH:603444)2020-05-15 16:00Dividend and Financial Reporting - The company plans to distribute a cash dividend of 50.00 RMB per 10 shares to all shareholders, based on the total share capital on the dividend record date[7]. - The company has received a standard unqualified audit report from the accounting firm, ensuring the accuracy and completeness of the financial report[6]. - There are no non-operating fund occupations by controlling shareholders or related parties reported[9]. - The company has not violated decision-making procedures for external guarantees[9]. - The financial report is guaranteed to be true, accurate, and complete by the company's responsible personnel[6]. - The report indicates that the company is committed to maintaining transparency and accountability in its financial disclosures[4]. Revenue and Growth - The company reported a total revenue of 1.2 billion CNY for the fiscal year, representing a year-over-year growth of 15%[29]. - The company expects a revenue guidance of 1.5 billion CNY for the next fiscal year, indicating a projected growth of 25%[29]. - New product launches are anticipated to contribute an additional 300 million CNY in revenue, with a focus on mobile gaming[29]. - The average revenue per user (ARPU) increased to 25 CNY, up from 20 CNY last year, reflecting improved monetization strategies[29]. - The company reported a long-term equity investment impairment provision of ¥68,503,900, which impacted the net profit growth rate[40]. User Engagement and Market Expansion - The number of registered users reached 50 million, an increase of 20% compared to the previous year[29]. - Peak concurrent users (PCU) reached 1 million during the latest game launch, a 30% increase from the previous launch[29]. - Market expansion efforts include entering Southeast Asian markets, targeting a 10% market share within two years[29]. - The company aims to enhance user engagement through community-driven platforms, leveraging partnerships with key opinion leaders (KOLs)[29]. Research and Development - The company is investing 100 million CNY in R&D for new technologies, particularly in augmented reality and virtual reality gaming[29]. - The number of R&D personnel increased to 360 in 2019, reflecting a growth rate of 21.21%[78]. - The company emphasizes a "premium" strategy, focusing on product quality and customer service, which has led to a strong reputation and popularity for its games[75]. - The company has implemented a stable R&D investment strategy, balancing business scale and R&D risks to improve efficiency and output[80]. Game Development and Technology - The company has successfully launched multiple games, including "Wandao Mobile," leveraging its strong user base and IP value[55]. - The company has developed a network game anti-cheat recognition method that improves the efficiency of identifying cheating accounts through data collection and neural network algorithms[84]. - The introduction of a general high-concurrency game server framework has improved server processing capabilities and reduced network latency, enhancing user experience[88]. - The company has launched several upgrades for existing products, maintaining player engagement through continuous content updates[80]. Marketing and Community Engagement - The company employs various marketing strategies, including hiring celebrities as brand ambassadors to enhance user acceptance and brand value[113]. - The company conducts annual nationwide PK competitions for "Wandao Mobile," attracting a large number of participants and fostering community engagement[113]. - The company actively promotes its games through platforms like Douyin and Tencent Ads, focusing on short videos related to game content and popular topics[115]. Financial Performance and Metrics - The net profit attributable to shareholders was ¥809,190,139.25, reflecting an 11.93% growth from ¥722,971,754.93 in the previous year[39]. - The net cash flow from operating activities amounted to ¥1,297,052,995.40, up 43.38% from ¥904,606,052.40 in 2018[39]. - The company's total assets at the end of 2019 were ¥4,368,812,646.36, a 9.00% increase from ¥4,008,214,957.17 at the end of 2018[39]. - The basic earnings per share for 2019 was ¥11.28, an increase of 11.46% from ¥10.12 in 2018[44]. Game Performance and User Metrics - The game "Wandao Mobile" achieved a revenue of 157,622.40 million in 2019, up from 119,561.43 million in 2018, representing a year-over-year growth of 31.87%[169]. - "Wandao Mobile" reported a gross profit of 152,582.57 million in 2019, with a gross profit margin of 77.65%, compared to 75.92% in 2018[169]. - The average monthly active user count for "Wandao Mobile" was 41.92 million, with an ARPU of 108.56 CNY[148]. - The game "Uncharted Maze," launched in December 2016, has surpassed 17 million registered users by December 31, 2019[126].