Core Insights - The return of founder Shi Yuzhu has revitalized Giant Network's growth trajectory, with significant announcements and personnel changes indicating a strategic shift towards nurturing young talent [2][3][4] Management Changes - CEO Zhang Dong resigned for personal reasons, and Liu Wei, a board member, has been appointed as the new CEO and General Manager, focusing on developing young core talent [2][4] - Liu Wei previously served as CEO from April 2016 to December 2023 and is expected to bring a fresh perspective to the leadership [3][4] Financial Performance - In Q3, Giant Network reported revenue of 1.706 billion yuan, a year-on-year increase of 115.63%, and a net profit of 640 million yuan, up 81.19% [2][7] - For the first three quarters of the year, total revenue reached 3.368 billion yuan, reflecting a 51.84% increase, while net profit grew by 32.31% to 1.417 billion yuan [7] Product Success - The self-developed game "Supernatural Action Group" has become a phenomenon, significantly contributing to the company's Q3 performance and showcasing the effectiveness of a young development team [2][6][7] - The game achieved a revenue increase of 800 million yuan in August alone, marking a 106% month-on-month growth, and reached a peak of 1.1 billion yuan in total revenue [6][7] Market Position and Future Outlook - The success of "Supernatural Action Group" has positioned Giant Network favorably in the market, with its stock price doubling since the beginning of the year, closing at 37.92 yuan per share [8] - Analysts express optimism about the game's potential for further growth, particularly with upcoming seasonal updates and the possibility of expanding its player base [8]

Core Viewpoint - The departure of Zhang Dong from Giant Network is attributed to personal reasons, and the company believes this change will have a limited impact on its operations and future projects [1] Group 1: Company Response - Giant Network's public relations head, Ma Quanzhi, expressed gratitude for Zhang Dong's contributions during his tenure and emphasized that the board acknowledges his efforts [1] - The company has implemented an integrated model for research, operations, and publishing, allowing team leaders to have full control over game development, which enhances decision-making efficiency and reduces internal conflicts [1] Group 2: Organizational Structure - Giant Network operates primarily through two main tracks: the "Journey" track and the "Ball" track, along with other projects in development and operation [1] - The integrated model was proposed by the chairman, who has a history of promoting young talent and fostering a highly autonomous work environment [1] Group 3: Future Outlook - The departure of Zhang Dong is not expected to significantly affect the core tracks or the overall company, as he has completed his mission and the company aims to create more opportunities for younger teams [1] - The chairman has emphasized that the gaming industry is a field for young people, advocating for those who understand the business best to take charge [1]