ZQGAME(SZ:300052) Shang Hai Zheng Quan Bao·2025-04-25 01:33Core Viewpoint - The company has established a multi-driven business model encompassing gaming, cloud services, and digital twin & cultural tourism, aiming for sustainable development and innovation in the gaming industry while expanding into new sectors [4][17]. Group 1: Company Overview - The company has accumulated extensive experience in the gaming industry over 18 years, focusing on promoting traditional culture through original online games [7]. - The company plans to optimize and upgrade its existing games, particularly focusing on enhancing user experience and gameplay for titles like "抗战" and "亮剑" [7][8]. - The company aims to strengthen its game development capabilities and diversify its product offerings, with new titles in testing and development [9]. Group 2: Gaming Business - The gaming segment is anchored by the "红游" brand, which is expanding its product line to include various game genres while integrating emerging technologies [5][6]. - The company is actively promoting new mobile games that resonate with the "国潮" trend, targeting younger audiences and enhancing user engagement [8]. - The company is pursuing international market opportunities by enhancing its overseas distribution capabilities and introducing quality products for domestic players [10]. Group 3: Cloud Services - The company operates as a third-party IDC service provider, recognized for its high-quality data center services and partnerships with major telecom operators [12][13]. - The company has established multiple data centers across cities like Shenzhen and Chengdu, providing stable and secure internet services [13]. - The company's revenue model includes providing IDC resources and various internet services to clients, leveraging its established infrastructure [16]. Group 4: Digital Twin & Cultural Tourism - The company is leveraging digital twin technology to integrate with cultural tourism, aiming to enhance the synergy between digital technology and the real economy [17]. - Projects like "慎初烧坊一酿酒大师" and "凤凰水世界" showcase the company's innovative approach to creating immersive experiences in the cultural tourism sector [18][19]. - The "龙腾九洲" project combines virtual reality with cultural IP to create an interactive experience that highlights traditional Chinese culture [20]. Group 5: Financial Data - The company has not restated or adjusted previous financial data, indicating stability in its financial reporting [22]. - The company has maintained a consistent financial performance without significant discrepancies in quarterly reports [22].