Group 1 - The 3rd anniversary celebration of "League of Legends Mobile" and the finals of the Super League's first stage were successfully held in Chongqing, with teams JT, EW, and TT.Chenxi winning their respective championships [1][3] - The event featured three competitive tracks: Solo, Women's, and Professional, showcasing a diverse range of talent and competition [3] - The anniversary celebration emphasized the unique positioning of "League of Legends Mobile" in the esports market, highlighting its innovative and diversified approach to events and viewer experience [5] Group 2 - The celebration included a star-studded performance, with brand ambassador Huang Zihongfan singing and a collaborative performance of the theme song "Heroes Like You," enhancing the event's atmosphere [6][8] - Jay Chou was announced as the brand ambassador once again, with a new skin series inspired by his work "Lanting Xu" set to launch [10] - A long-term strategic partnership with the NBA was revealed, introducing a new character "Basketball Youngster Pengpeng," with more collaborative content expected in October [12] - The CEO of Tencent Sports announced future collaborations with the "2025 League of Legends World Championship," including a global invitation tournament in Vietnam [14]

Core Insights - The company, Nanji Guang, is the exclusive supplier of backlight modules for Nintendo's Switch2, which has seen impressive sales of over 3.5 million units within four days of its launch, surpassing the initial sales of both Sony's PS5 and the previous Switch model [1][2] - The company has reported significant financial improvements, achieving a revenue increase of 265.54% and a net profit growth of 367.01% in Q1 2024, marking a turnaround from previous losses [1][4] - The stock price of Nanji Guang has more than doubled, increasing over 100% since its low point in April 2025 [1][2] Company Performance - Nanji Guang's revenue for 2024 was reported at 457 million yuan, a slight decrease of 2.5% year-on-year, while net profit reached 20.63 million yuan, indicating a return to profitability [4] - In Q1 2024, the company achieved a revenue of 186 million yuan, with net profit exceeding 29.73 million yuan, reflecting a growth rate of over three times compared to the previous year [4][6] - The company has shifted its strategy from a heavy reliance on the mobile supply chain to a more diversified approach, targeting multiple application scenarios and both domestic and international markets [4][5] Market Position and Strategy - Nanji Guang is the only backlight module supplier certified by Nintendo, which enhances its credibility and market position in the high-end gaming display module sector [2][3] - The company has established stable partnerships with leading clients, including major brands in consumer electronics and automotive sectors, which supports its supply chain stability and profitability [4][6] - The international revenue share of Nanji Guang has significantly increased, rising from 6.25% in 2023 to 48.42% in 2024, indicating successful market expansion [5]