Core Viewpoint - The gaming sector is experiencing a surge, with Giant Network's stock hitting a new high, driven by strong financial performance and the launch of new games [1][3]. Financial Performance - In the first half of the year, Giant Network achieved revenue of 1.662 billion yuan, a year-on-year increase of 16.47%, and a net profit of 777 million yuan, up 8.27% [3]. - The company plans to distribute a cash dividend of 1.50 yuan per 10 shares to all shareholders [1]. - The flagship game "Original Journey" has added over 20 million new users in the first half of the year, with a stable monthly revenue of 100 million yuan [3]. New Game Launches - Giant Network's new game "Supernatural Action Group" launched on January 23, 2025, has seen significant market acceptance, with a monthly revenue of approximately 49.98 million yuan in June, a 141% increase [6]. - The upcoming game "Moonlight Night CCG" will begin limited testing on September 4, 2023, featuring a 1v1 card battle mode [7]. Strategic Development - The company is focusing on developing mini-games based on existing IPs to leverage user growth and revenue expansion [4][5]. - Analysts suggest that the integration of classic IPs with new game formats can create a sustainable development foundation for the company [8].

Core Viewpoint - The gaming sector is experiencing a rebound, with Giant Network's stock hitting a new high for the year, driven by strong financial performance and the launch of new games [2][4]. Financial Performance - In the first half of the year, Giant Network achieved revenue of 1.662 billion yuan, a year-on-year increase of 16.47%, and a net profit of 777 million yuan, up 8.27% [4]. - The company plans to distribute a cash dividend of 1.50 yuan per 10 shares to all shareholders [2]. - The flagship mobile game "Original Journey" added over 20 million new users in the first half of the year, with a monthly revenue stabilizing at 100 million yuan [4]. New Game Launches - Giant Network's new game "Supernatural Action Group" launched on January 23, 2025, and has quickly gained market recognition, with a monthly revenue of approximately 49.98 million yuan in June, a 141% increase [7]. - The upcoming game "Moonlight Night CCG" will begin limited testing on September 4, 2023, featuring a 1v1 card battle mode [8]. Strategic Development - The company is focusing on developing mini-games based on existing IPs to leverage user growth and revenue expansion [5]. - Analysts suggest that the transition of traditional games to mini-game platforms can enhance user engagement and maintain the relevance of classic IPs [6]. Market Positioning - Giant Network is positioning itself to create new core IPs while continuing to leverage its existing successful franchises [8]. - The company aims to avoid relying solely on nostalgia and instead focus on innovative content that appeals to both new and existing players [9].

Core Viewpoint - The gaming sector is experiencing a positive trend, with Giant Network's stock hitting a new high for the year, driven by strong financial performance and new game launches [2][3]. Financial Performance - In the first half of the year, Giant Network achieved revenue of 1.662 billion yuan, a year-on-year increase of 16.47%, and a net profit of 777 million yuan, up 8.27% [3]. - The company plans to distribute a cash dividend of 1.50 yuan per 10 shares to all shareholders [2]. - For 2024, revenue is projected to decline slightly to 2.923 billion yuan, a decrease of 0.05%, while net profit is expected to rise to 1.425 billion yuan, an increase of 31.15% [5]. Game Development and Strategy - Giant Network is focusing on both established and new game titles, with the flagship mobile game "Original Journey" successfully attracting over 20 million new users in the first half of the year [3]. - The new game "Supernatural Action Group" launched in January 2025 has shown promising market performance, with a monthly revenue of approximately 49.98 million yuan, a 141% increase [6][7]. - The upcoming game "Moonlight Night CCG" is set to begin limited testing, aiming to explore competitive card gameplay [8]. Market Trends and Insights - The gaming industry is seeing a shift towards mini-games, which are well-suited for long-standing game products due to their social attributes and user engagement [6]. - Analysts suggest that classic IPs can serve as a valuable resource for established gaming companies, provided they are developed in a way that appeals to both new and existing players [9].