Core Viewpoint - The company reported a significant increase in revenue and net profit for the mid-term of 2025, indicating strong operational performance and a solid foundation for long-term growth [1][2]. Financial Performance - The company achieved a revenue of 686 million yuan and a net profit of 32.95 million yuan, with an operating cash inflow of 57.86 million yuan, reflecting a year-on-year growth of 71.2% [1]. Business Strategy - The company focuses on long-term operations by introducing overseas premium games with clear user positioning and stable revenue streams, enhancing user value through refined operations [1]. - Classic products like "Subway Surfers," "Dream Garden," and "Dream Home" contributed to stable income, with "Dream Garden" showing a more than 9% year-on-year increase in average monthly active user spending [1]. Product Development - The company is deploying advanced large models in various aspects of game development, leading to improved overall R&D efficiency and game quality [2]. - The self-developed global user voice analysis platform "Fengsheng" and AI customer service system have enhanced user feedback and reduced manual intervention during the global launch of "Karabichu" [2]. Upcoming Releases - The second half of 2025 will see a concentrated release of new products, including "Karabichu," which has shown strong market potential during testing, with 46.5% of new users coming from organic spread [2]. - The company plans to launch several overseas agency games, including "Chong Chong Qibing," further diversifying its revenue sources [2]. Leadership Perspective - The chairman emphasized the company's commitment to long-termism, focusing on core gaming business and continuously creating quality content and value for users, which is seen as essential for navigating cycles and achieving value transitions [2].

据了解，目前创梦天地专注于引入具有独特优势的垂直细分品类产品，储备了多款海外精品游戏。分析 认为，此次创梦天地获得Playrix的战略投资，与海外开发商的合作模式由"代理发行"到"股权绑定"的升 级，为后续长期合作发展搭建了稳定互利的共赢通道，叠加下半年多产品的密集上线等多重利好，公司 业绩有望进入加速释放期。 "梦幻系列"在中国的成功，也让Playrix长线看好这一中国发行伙伴。此次战略投资，也是基于创梦天地 在海外精品游戏发行业务上所展现出的核心优势。经过多年发展，创梦天地已形成一套成熟且完善的业 务模式。 游戏产业研究媒体GameLook曾深度分析创梦天地如何成为全球独一无二的发行平台：创梦天地凭借对 游戏内容的深度理解和文化的精准对接，成功引进并运营了多款全球知名IP，如与SYBO Games合作的 《地铁跑酷》、Playrix的《梦幻花园》等，这些游戏均为大DAU、长生命周期的大作。在此过程中， 创梦天地与国际顶尖游戏开发商建立了深度合作关系，基于源代码的合作为其积累了独一无二的优势， 实现了从"引进来"，到构建全面发展的游戏生态。 日前，创梦天地发布2025年上半年业绩盈喜，预计净利润将介于人民币 ...

Core Viewpoint - Company Dreamland Technology (创梦天地) successfully raised approximately HKD 72 million by placing around 100 million shares at HKD 0.72 per share, with funds primarily allocated for the global multi-platform development and release of its self-developed game "Kara Bichu" [1][2] Group 1: Financing and Development - The funds raised will accelerate the development and launch of the mobile and console versions of "Kara Bichu," aiming for a global release by the second half of 2025 [1][2] - The company has a strong focus on its gaming business, continuously introducing overseas premium games while actively advancing its self-developed games [1][2] - The financing is expected to inject strong momentum into the company's performance in the second half of the year, coinciding with a period of intensive product launches [1][2] Group 2: Market Position and Growth - Dreamland Technology has been operating in the overseas premium game distribution sector for 15 years, successfully managing long-lifecycle products like "Subway Surfers" and "Garden of Dreams" [1] - The company plans to release 2-3 overseas premium games annually in China, with several titles, including "Chong Chong Qibing" and "He Le Ge Hua Yuan," set to launch in the second half of 2025 [1] - The release of "Kara Bichu" on PC in November 2024 has validated its core competitiveness and user engagement, with a 50% increase in daily active users (DAU) following the introduction of a new gameplay mode [2] Group 3: Investor Confidence - The successful placement reflects market recognition of Dreamland Technology's long-term value and provides funding assurance for R&D and new product launches in the second half of the year [2] - The management believes that the multi-platform launch of "Kara Bichu" and the concentrated release of overseas premium games will likely lead to an accelerated performance release, further solidifying the company's global competitiveness [2]