NTES(09999) 智通财经网·2025-05-27 03:38Group 1 - The core viewpoint of the articles highlights the positive performance of NetEase-S (09999) in Q1 2025, with significant revenue and profit growth driven by new game launches [1][2] - NetEase reported Q1 2025 revenue of 28.8 billion yuan, a year-on-year increase of 7.4%, and a net profit of 10.3 billion yuan, up 35.5% year-on-year [1] - The gaming and related value-added services segment achieved revenue of 24 billion yuan, reflecting a 12.1% year-on-year growth, primarily due to the success of titles like "Identity V" and "Marvel Duel" [1] Group 2 - Daiwa noted that NetEase showcased upcoming games at its annual gaming event, including "Marvel Secret Wars" and "Destiny: Stars," which are expected to enhance the company's growth momentum in the gaming sector [2] - The company is set to release several new titles, with "Unveiling the World" and "Spirit Beast Adventure" expected in October, and "Frostpunk" scheduled for June 5 [2] - The anticipated new game releases are expected to strengthen NetEase's gaming business, supported by a robust product line and the resilience of traditional games [2]