Giant Network(SZ:002558) Xin Lang Cai Jing·2025-09-03 00:39Core Viewpoint - The company reported steady revenue and profit growth in the first half of 2025, driven by the successful launch of new products and strong performance from existing product lines [1][2][3] Financial Performance - The company's revenue for the first half of 2025 reached 1.662 billion RMB, a year-on-year increase of 16.47% [1] - The net profit attributable to shareholders was 777 million RMB, up 8.27% year-on-year [1] - In Q2 2025, revenue was 938 million RMB, reflecting a 28.42% year-on-year growth, while net profit was 429 million RMB, increasing by 17.49% [1] - The company declared a cash dividend of 1.50 RMB per 10 shares [1] Product Performance - The flagship mobile game "Original Journey" successfully launched a mini-game version, adding 5.86 million new users in the first month and surpassing 20 million new users in the first half of the year [2] - The new casual game "Supernatural Action Group" launched on January 23, 2025, quickly gained user traction, reaching over 1 million concurrent users in July and ranking in the top 5 of the iOS free game chart [2] - The game "Ball Ball Battle" introduced a new gameplay mode in May, resulting in over 11 million new users in the first half of the year [2] - The company’s overseas game "Super Sus" maintained stable active user numbers, with significant revenue growth in the Indonesian market [2] Strategic Initiatives - The company is embracing AI technology, collaborating with Alibaba Cloud to develop AI agents and enhance gaming experiences [3] - The game "Space Kill" is set to introduce a new mode featuring mixed competition between users and AI agents in 2025 [3] - The company plans to launch several new games in the second half of 2025, which are expected to contribute to revenue growth [3] Investment Outlook - The company maintains a strong investment rating, projecting revenues of 4.413 billion RMB, 6.841 billion RMB, and 7.730 billion RMB for 2025, 2026, and 2027 respectively, with net profits of 2.056 billion RMB, 3.196 billion RMB, and 3.715 billion RMB [3]