恺英网络2025年度投资者交流活动圆满举行

Core Viewpoint - The company is focusing on its core gaming business and aims to build a diversified ecosystem centered around gaming, with a market capitalization of 46.9 billion yuan as of November 27, 2025 [1] Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 4.075 billion yuan, a year-on-year increase of 3.75%, and a net profit attributable to shareholders of 1.583 billion yuan, up 23.70% year-on-year [2] - The gross margin remained stable at over 83%, while the net profit margin increased to 38.86% [2] Corporate Governance - The company has enhanced its governance capabilities through structural optimization, stock incentives, and cash dividends, receiving an A-level disclosure rating from the Shenzhen Stock Exchange for two consecutive years [2] - The largest shareholder and actual controller holds a 20% stake, ensuring stability in the shareholding structure [2] Business Strategy - The company is restructuring its strategic framework for 2024, adding a user platform core business to its existing three business systems: R&D, publishing, and investment + IP [1][4] - The company plans to enhance its R&D through standardized and automated processes, focusing on both nostalgic and innovative game development [4] International Expansion - The overseas business has seen rapid growth, with revenue reaching 202 million yuan in the first half of 2025, a year-on-year increase of 59.57% [3] - Several games have performed well in international markets, including Korea, Europe, and the United States [3] AI and Technology Innovation - The company has integrated self-developed AI models into its R&D pipeline, significantly improving industrial efficiency [3] - The SOON platform, developed by a subsidiary, is recognized as the first commercial AI model in the gaming industry, enhancing game production capabilities [13] Community Engagement - The company is developing the "Legend Box" as a vertical community platform for players, focusing on enhancing user experience and community interaction [5][6] - The platform aims to create a comprehensive service ecosystem for players, integrating various gaming-related services [6] Sustainable Development - The company has completed its first three-year sustainable development plan, achieving carbon neutrality in operations and exceeding its public welfare investment goals [9][11] - The new sustainable development framework for 2026-2030 will expand its strategic pillars to include "Enjoyment, Coexistence, Benefit, and Advancement" [12] Cultural Promotion - The company promotes Chinese culture through its games and has developed educational content in collaboration with universities [10] - The "Year of the Seasons" IP has achieved a full ecological layout, with significant overseas engagement [10]