KINGSOFT(HK:03888) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-01 06:47Core Insights - Guo Weiwei has resigned as CEO of Xishanju due to personal career planning, effective immediately, while continuing as Chief Producer [1] - Zou Tao, CEO of Kingsoft, will serve as acting CEO of Xishanju, taking over the company's operational management [1] Company Overview - Guo Weiwei joined Xishanju in 2004 and has held various key positions, including project leader for "Jian Wang 3" and CEO since 2016 [1] - The game "Jian Wang 3" has been a significant project under Guo's leadership, contributing to the company's reputation [1] Product Performance - The highly anticipated game "Jian Wang 3" faced challenges post-launch, with a significant drop in active users from a peak of 132,800 at launch to under 5,000 by November [2] - The game's positive review rate on Steam is only 47%, indicating mixed feedback from players [2] Financial Performance - Kingsoft reported a total revenue of 2.419 billion RMB for Q3 2025, a 17% year-over-year decline, with net profit down 48% to 213 million RMB [2] - Revenue from online games and other businesses fell to 898 million RMB, a 47% year-over-year decrease [2] Industry Context - The gaming industry is currently facing both opportunities and challenges, with increasing demand for quality content and intense market competition [2] - Companies must navigate the need for product innovation and enhanced user experience to succeed in this evolving landscape [2]