Bei Jing Shang Bao·2025-11-20 15:04Core Viewpoint - Net revenue from games and related value-added services for the third quarter of 2025 reached RMB 23.3 billion, representing a year-on-year increase of 11.8% [1] Group 1: Financial Performance - The net revenue from online games accounted for approximately 97.6% of the segment's total revenue in the third quarter, compared to 97.1% in the previous quarter and 96.8% in the same period last year [1] - The quarter-on-quarter growth in online game revenue was driven by increased net revenue from self-developed games such as "Dream of the Red Chamber" PC version and "Nirvana in Fire" mobile game, as well as several agency games [1] - Year-on-year growth in online game revenue was attributed to self-developed games including "Dream of the Red Chamber" PC version, "Egg Party," and newly launched titles like "Yanyun Sixteen Sounds" and "Marvel Showdown," along with increased revenue from several agency games [1]