掌趣科技：继续推进游戏业务发展 布局增量赛道

Core Viewpoint - Company expects a net loss of 90 million to 180 million yuan for 2025, primarily due to the decline in performance of its associate company Webzen Inc. and the need to recognize impairment losses on long-term equity investments [1] Group 1: Financial Performance - The company anticipates a net profit loss of 90 million to 180 million yuan for 2025, with a non-recurring net profit loss projected between 100 million to 200 million yuan [1] - The decline in revenue is attributed to the impact of the product lifecycle on mature game projects and the lack of large-scale launch for newly developed SLG games [1] Group 2: Business Development Strategy - The company has established a dual development strategy of "long-cycle operation of mature products + breakthroughs in emerging tracks," covering various game categories such as SLG, card games, MMO, and mini-games [1] - The company is focusing on a complementary growth pattern of "domestic mini-games + overseas SLG," aligning with domestic lightweight entertainment consumption needs and targeting high-value overseas game markets [2] Group 3: Product Pipeline and Innovation - Currently, the company has three self-developed SLG games and one exclusive agency SLG game undergoing paid testing, with plans for further adjustments based on testing results [2] - The company is integrating AI technology into game development, collaborating with top AI firms to enhance productivity and drive innovation in the gaming industry [2] Group 4: Market Outlook - Industry analysis suggests that the progress of new product launches will be a key driver for the company's performance recovery, despite facing short-term challenges [2] - The company is committed to advancing its gaming business, with a focus on gradually launching more mini-game products in the domestic market and accelerating project development in the overseas SLG sector [2]