Core Insights - Luo Yuhao, co-founder of miHoYo, has become the new "richest person in Jiangxi" with a wealth of 38 billion yuan, ranking 116th on the Hurun Rich List 2024 [2] - Luo's low-profile approach contrasts with his significant contributions to the gaming industry, particularly in technology and product development [2][7] Company Development - Luo Yuhao, along with Cai Haoyu and Liu Wei, founded miHoYo in 2011 with a loan of 100,000 yuan, initially struggling with their first game, "FlyMe2theMoon," which only garnered 3,000 downloads [3][5] - A pivotal moment occurred in 2012 when they received a 1 million yuan angel investment from Sky Network, leading to miHoYo's current valuation of 160 billion yuan [5] - The release of "Genshin Impact" in 2020 marked a significant achievement, generating 245 million USD in its first month and establishing a complex value system and multi-platform compatibility [5][12] Technological Contributions - Luo Yuhao is recognized as the "technical heart" of miHoYo, leading the development of key projects and ensuring the technical foundation of the company's games [5][8] - His expertise in mathematics and algorithm design has been crucial in creating engaging game mechanics, such as the character gacha system in "Genshin Impact" [8][10] Strategic Vision - Luo emphasizes long-term strategies over chasing trends, focusing on internal development and innovation within the company [10] - He has initiated organizational reforms to manage the growing workforce, ensuring a healthy team structure and efficient collaboration across global studios [10][12] Industry Impact - miHoYo's products have achieved over 1 billion downloads globally, showcasing the company's significant impact on the gaming industry [12] - Luo's vision extends beyond gaming, exploring applications of game technology in fields like medical rehabilitation through partnerships with academic institutions [10][12]