吉比特接待222家机构调研，包括淡水泉私募、广发证券、渤海证券、国海证券等

Core Viewpoint - The company has engaged in extensive research and development activities, showcasing strong performance in game releases and strategic planning for future growth, particularly in international markets and through the integration of AI technology in operations. Group 1: Game Performance and Releases - The company received 222 institutional research visits from October 29 to December 31, 2025, highlighting interest in its game portfolio [1] - "杖剑传说" (Staff Sword Legend) achieved an average ranking of 43 and a peak of 23 on the App Store in mainland China during Q4 2025, with successful overseas launches in regions like Macau and Japan [1][3] - "问道手游" (Wandao Mobile Game) maintained an average ranking of 66 and peaked at 43, while "一念逍遥" (One Thought of Freedom) and "问剑长生" (Sword of Life) introduced new features and events to enhance player engagement [4][5] Group 2: New Game Launches and Strategies - The new game "九牧之野" (Jiumu Zhiye) saw over one million pre-launch reservations, achieving the top position in the App Store free games category and 22nd in the revenue rankings [2][6] - The company plans to focus on community engagement and dynamic marketing strategies based on user lifetime value (LTV) and return on investment (ROI) for its game releases [7] Group 3: AI Integration in Game Development - AI technology is deeply integrated into both game development and operations, enhancing efficiency in art resource production and code writing through platforms like AIWebHub [9] - AI applications extend to user acquisition, personalized in-game offers, and monitoring of game environments to improve overall user experience and operational efficiency [9] Group 4: Shareholder Returns and Financial Planning - The company has established a shareholder return plan for 2025-2027, committing to three profit distributions annually, with cash dividends expected to be at least 50% of the net profit [10] - In the first nine months of 2025, the company distributed 904 million yuan in cash dividends, representing 74.47% of the net profit for that period [10]