Core Viewpoint - A new civil lawsuit has been filed between Shanghai miHoYo and Shenzhen Tencent, which has attracted significant attention and speculation among players [2][6]. Group 1: Legal Actions and Implications - The lawsuit, identified as case number (2025)粤 0305 民初 47660, is set to be heard on September 5 at the Shenzhen Nanshan District People's Court [2]. - Speculations suggest that miHoYo's legal action may be a strategy to obtain personal information related to internal leaks, as the company has been actively pursuing legal measures against "leakers" and "insiders" [6][7]. - miHoYo's legal department has reportedly handled over 230 cases in 2024 alone, indicating a robust approach to combatting information leaks [7]. Group 2: Company Performance and Market Context - miHoYo has become one of the most profitable game developers in China since the success of "Genshin Impact," ranking third after Tencent and NetEase [5]. - In 2024, miHoYo was ranked 12th on the "2024 Global Unicorn List" with a valuation of 160 billion RMB, while its founder, Cai Haoyu, was listed as the 26th richest individual on the New Fortune 500 list with a net worth of 73.8 billion RMB [6]. - Despite its success, the mobile game market for 2D games has seen a decline, with actual sales revenue dropping by 8% year-on-year in the first half of 2025 [8]. - "Genshin Impact" has experienced a significant revenue decline, with global mobile revenue falling from $1.56 billion in 2022 to $514 million in 2024 [8].