Chinese Media(SH:600373) Guo Ji Jin Rong Bao·2026-01-15 09:13Core Viewpoint - The resignation of Zhang Lei, the president and director of Zhixing Star, is expected to have no adverse impact on the company's operations, as stated by the company [2] Group 1: Management Changes - Zhang Lei resigned from his positions on January 12, 2026, due to personal reasons, effective immediately [2] - The company confirmed that the resignation of Zhang Lei had been anticipated, as he was previously suspended for major work errors in October 2025 [4] - The company is currently undergoing an internal investigation regarding the circumstances of Zhang Lei's suspension, which is still ongoing [4] Group 2: Company Background - Zhixing Star, established in 2008, is a mobile game developer and operator focused on the global market, founded by Tang Binsen, known for the beverage brand "Yuanqi Forest" [5] - The company was once a representative of the gaming industry's "going global" trend, having launched several successful games, including the hit SLG mobile game "Clash of Kings" in 2014 [6] Group 3: Financial Performance - Zhixing Star's financial performance has been declining since its peak in 2016, when it achieved a revenue of 4.738 billion and a net profit of 611 million [7] - From 2021 to 2024, the company's revenue decreased from 1.841 billion to 1.236 billion, while net profit halved from 849 million to 356 million [7] - In the first half of 2025, the company reported a revenue of 551 million, a year-on-year decrease of 20.7%, and a net profit of 111 million, down 47.15% year-on-year [7] Group 4: Future Strategy - Following Zhang Lei's departure, the company aims to focus on developing competitive new products, emphasizing innovation and reform within its organizational structure [8] - The company plans to concentrate resources on supporting high-quality projects through a newly established incubation mechanism, aiming to bring competitive products to market quickly [8]