IDREAMSKY(HK:01119) 智通财经网·2025-08-29 07:25Core Insights - Company reported a revenue of 686 million and a net profit of 32.95 million for the first half of 2025, with a year-on-year operating cash flow increase of 71.2% [1] Group 1: Strategic Focus and Performance - The company has adopted a dual-driven strategy focusing on "overseas premium distribution + self-developed" to enhance operational quality and user value, achieving both scale and efficiency improvements [2] - Key titles such as "Subway Surfers," "Dream Garden," and "Dream Home" have contributed stable revenue, with "Subway Surfers" seeing a nearly 30% increase in payment rate compared to 2024 [2] - Newly introduced games like "Mecha Squad" and "Legendary Store: Management and Creation" have shown strong performance, with "Mecha Squad" community user engagement increasing by 36.6% [2] Group 2: Self-Development and Market Expansion - The self-developed game "Karabichu" has successfully penetrated a niche market with a 9.9% increase in monthly active users and a 74.8% increase in revenue [3] - The collaboration with Tencent on "Delta Action" has resulted in over 20 million daily active users, positioning it among the top products in the industry [3] Group 3: AI and Operational Efficiency - The company has implemented AI technology and refined cost control measures, leading to significant operational efficiency improvements, including a 40% reduction in human intervention for customer service [4] - The deployment of advanced models in R&D has enhanced overall efficiency by over 30%, improving code quality and game quality [4] Group 4: Product Pipeline and Global Expansion - The second half of 2025 will see a concentrated product launch period, with strong growth potential from titles like "Karabichu" expected to launch domestically [5] - The company plans to introduce several overseas agency games, further diversifying revenue sources, with "Chong Chong Qibing" being a notable title entering the Chinese market [5] Group 5: Innovation and Future Outlook - The management is actively exploring Web3, digital assets, and RWA, with a focus on connecting digital assets with users in overseas markets [6] - The company has established a Web3 technology product team and integrated with compliant payment gateway Alchemy to enhance payment systems for global versions of its games [6] - The chairman emphasized a long-term commitment to core gaming business and innovation as essential for value creation and resilience through market cycles [7]