Core Insights - The company reported a slight decline in revenue for the first half of 2025, but a significant increase in net profit, indicating improved overall performance [2][3] Financial Performance - Revenue for the first half of 2025 was 688.05 million yuan, a decrease of 1.93% compared to the same period last year [3] - Net profit attributable to shareholders reached 50.16 million yuan, marking a year-on-year increase of 989.31% [3] - Net profit excluding non-recurring gains and losses was 13.74 million yuan, remaining stable compared to the previous year [3] - Basic and diluted earnings per share were both 0.06 yuan, an increase of 1,053.85% year-on-year [3] - The company experienced a negative net cash flow from operating activities of -90.44 million yuan, a decline of 163.12% compared to the previous year [3] Asset and Equity Position - Total assets at the end of the reporting period were 5.76 billion yuan, down 3.34% from the end of the previous year [3] - Net assets attributable to shareholders increased by 6.07% to 4.44 billion yuan [3] Cost Management - The company successfully reduced sales and R&D expenses compared to the previous year [2] Revenue Sources - Overseas revenue reached 444 million yuan, accounting for 64.47% of total revenue, continuing a trend of surpassing domestic revenue for ten consecutive years [5] - The self-developed American-style cartoon SLG mobile game "Infinity Kingdom" saw a revenue increase of 225% year-on-year [5] Product Development and Strategy - The company is focusing on AI innovations and has several new products in the pipeline, including "少年三国志3" and "我的三体：2277" [6] - Strategic partnerships have been established to enhance AI capabilities and build a collaborative industry ecosystem [6] Dividend Policy - The company announced it will not distribute cash dividends, issue bonus shares, or increase capital from reserves [7]