Core Insights - The company reported steady growth in its esports business, supported by high-quality and frequent events [1] - The successful conclusion of the CAC 2025 event in Shanghai showcased the company's global competitiveness in major esports tournaments [1] - The upcoming DOTA2 International 2026 will be held in Shanghai, marking the second time the company has facilitated this prestigious event since 2019 [1] Esports Business Performance - The esports business has shown a continuous growth trend in revenue compared to the previous year [1] - The company emphasizes the stable performance contribution from its esports operations [1] Event Highlights - The CAC 2025 event featured upgrades in scale, international influence, viewing experience, and city collaboration [1] - The company plans to integrate resources with government departments, Valve, partners, and community players for the preparation of the 2026 DOTA2 International [1]