XD INC(HK:02400) Ge Long Hui·2026-01-15 09:03Core Viewpoint - The recent stock performance of Xindong Company reflects market recognition of its short-term product potential and long-term ecological value, driven by the global success of "Xindong Town" and the acquisition of the "Torchlight" IP [1][14]. Group 1: Short-term Product Performance - Xindong Company's stock price has surged over 35% in the past month, attracting increasing market attention amid structural adjustments in the gaming industry [1]. - The flagship product "Xindong Town" has shown impressive performance in global markets, achieving 2.39 million downloads and generating revenue of 4.35 million yuan shortly after its global launch [5]. - The game's unique design and localized operational strategies have contributed to its overseas success, allowing it to capture a significant share in the competitive simulation game market [7]. Group 2: Long-term Ecological Value - The acquisition of the "Torchlight" IP for $37.18 million enhances Xindong Company's long-term competitive strategy by eliminating royalty costs and improving profit margins [9][11]. - This IP acquisition allows for greater autonomy in game updates and version iterations, strengthening the long-term stability of product operations [11]. - The integration of the acquired IP into Xindong's product matrix opens opportunities for cross-platform development and derivative content creation, leveraging the company's previous operational success with the IP [12]. Group 3: Strategic Initiatives and Future Outlook - The company plans to repurchase up to 400 million HKD of its shares within five months, indicating management's confidence in future growth [14]. - The upcoming launch of new games, including "Ragnarok RO: Guardians of Eternal Love 2," is expected to further solidify the company's market position and revenue streams [12].