FRIENDTIMES(HK:06820) Zhi Tong Cai Jing·2026-02-11 09:49Core Insights - The company expects to achieve revenue of approximately 1.22 billion to 1.26 billion yuan in 2025, representing a year-on-year growth of about 4.9% to 8.4%, and a profit of approximately 90 million to 96 million yuan, marking a turnaround with a year-on-year increase of about 284.2% to 296.5% [1] Group 1 - The primary reasons for revenue growth include the steady contribution from existing game products, with notable performances from titles such as "Dulala Promotion," "Lingyun Nuo," and "Xifei Chuan" [1] - The turnaround to profitability is attributed to the increase in overall revenue scale, a higher proportion of high-margin channel income leading to improved gross margin, and the company's continuous optimization of operational efficiency through meticulous cost and expense management [1] - The application of AI across the entire process, including product initiation, content planning, R&D testing, distribution operations, and user acquisition, has enhanced work efficiency [1] Group 2 - New games such as the romantic synthesis game "Flower and Scarlet Imagination" and the mini-game version of "Mo Jian Jiang Hu" have recently launched, receiving positive market feedback [1] - Current games "Flower and Scarlet Imagination," "Mo Jian Jiang Hu," and "Dulala Promotion" have entered the top 100 of WeChat mini-game bestseller list, with "Dulala Promotion" reaching the top 10 on Douyin's mini-game bestseller list and "Mo Jian Jiang Hu" entering the top 50 [1] - The company has a pipeline of reserve games including "Code: Lover," "Code: FPJ," "Code: KT," and "Code: MX," which are currently in development and testing [2]