Group 1 - The mobile game "Code: Football Restart" by Ruyi Jingshou is set to begin Android platform testing from September 10 to September 24, targeting sports enthusiasts and simulation game players [1] - The successful launch and market acceptance of "Code: Football Restart" could significantly enhance Ruyi Jingshou's game product line, attract more users, and increase market share, thereby driving revenue growth for the company [1] - The game business has become a crucial growth point for Ruyi Jingshou and its parent company, China Ruyi, indicating strong potential for future performance [1] Group 2 - The highly anticipated martial arts game "Shadow Blade Zero" by Lingyoufang revealed a new video at the Future Game Show, with the producer confirming that a release date will be announced within the year [2] - If "Shadow Blade Zero" successfully launches, it is expected to achieve considerable sales in the global gaming market, enhancing Lingyoufang's revenue and brand recognition [2] - A successful project will also improve the investment return rate for Lingyoufang's investors, boosting market confidence in their investment acumen and project management capabilities [2] Group 3 - Tencent's popular tactical shooting mobile game "Dark Zone Breakout" announced the development of a new "Zombie Mode," which has generated significant player interest [3] - The game has attracted a large player base, with global registered users reaching 180 million by April 2025, indicating its strong market presence [3] - The introduction of the new mode is expected to enhance user engagement and retention, potentially attracting new players and positively impacting Tencent's market performance [3]

Group 1: Company Overview and Strategy - The company has accumulated a significant cash reserve due to a focused product strategy and stringent project approval standards in previous years [3] - The company maintains a positive but cautious attitude towards future investment and acquisition opportunities, emphasizing the importance of investment returns [3] Group 2: Innovation and Market Adaptation - The company is actively monitoring industry trends and exploring innovative applications while balancing innovation with cost-effectiveness [4] - There is a focus on both conceptual and practical innovations, with ongoing observation and tracking of industry developments [4] Group 3: Revenue and Market Impact - In 2024, the company's overseas revenue accounted for 43.74%, with significant market presence in Europe, the United States, Japan, South Korea, and Southeast Asia [5] - The company's overseas gaming business is classified as "cross-border digital services," which are not subject to current U.S. tariff policies, thus minimizing direct negative impacts from trade tensions [5] Group 4: Investment in Animoca Group - The company invested in Animoca Group in 2015, holding 14,783,714 shares, with Animoca's total shares issued reaching 1,943,673,633 as of March 2025 [6][7] - The investment is accounted for under financial instruments, with recognized fair value losses recorded in other comprehensive income, which cannot be reclassified to profit or loss [7]