Core Viewpoint - The article highlights the approval of 166 games in October 2025, maintaining a high level of game approvals, which is significant for the gaming industry in China [2][5]. Game Approval Summary - In October 2025, a total of 159 domestic games and 7 imported games received approval, totaling 166 games [2]. - Among the 159 domestic games, 73 are categorized as mobile-casual games, and 70 are categorized as mobile games, with the rest falling into various categories [2]. Company Performance and Market Trends - Several listed companies have products that received approval, including 37 Interactive Entertainment's "Survival for 33 Days," Kying Network's "Blue Moon Hero," and Glacier Network's "I Want to Be the Ancestor" [5]. - The total number of games approved in 2025 has reached 1,440, with 1,354 being domestic and 86 imported [5]. - The A-share gaming sector has seen significant growth, with the Shenwan secondary gaming index rising approximately 66% year-to-date, ranking eighth among all Shenwan secondary industries [5]. Stock Performance - Multiple gaming stocks have doubled in price this year, with ST Huatuo up 271.6%, Giant Network up 219.47%, and G-bits up 119.05% [7]. - Other companies like Glacier Network, ST Kevin, Kying Network, and Star Shine Entertainment have also seen increases exceeding 70% [7]. Earnings Forecasts - G-bits expects a net profit of 1.032 billion to 1.223 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 57% to 86% [7]. - Glacier Network anticipates a net profit of 435 million to 565 million yuan, indicating a turnaround from losses in the previous year [7].

Core Viewpoint - Jibite (SH 603444) expects a significant increase in net profit for the first three quarters of 2025, projecting a net profit of 1.032 billion to 1.223 billion yuan, representing a year-on-year increase of approximately 57% to 86% [1] Financial Performance - The projected net profit for the first three quarters of 2025 is expected to increase by approximately 374 million to 566 million yuan compared to the same period last year [1] - The increase in profit is attributed to the launch of several new games, including "Legend of the Staff (Mainland Version)" and "Treasure Hunter," which contributed to incremental profits [1] Revenue Composition - For the year 2024, Jibite's revenue composition is as follows: game revenue accounts for 98.75%, other income for 0.76%, and other business for 0.49% [1] Market Capitalization - As of the report, Jibite's market capitalization stands at 36.6 billion yuan [2]

Core Viewpoint - G-bits (603444.SH) expects a significant increase in net profit for the first three quarters of 2025, driven by new game launches and contributions from upcoming titles [1] Financial Performance - The company anticipates a net profit attributable to shareholders of between 1.032 billion to 1.223 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 57% to 86% [1] - The net profit excluding non-recurring gains and losses is projected to be between 1.03 billion to 1.22 billion yuan, with an increase of 416.59 million to 606.59 million yuan compared to the same period last year, indicating a growth of 68% to 99% [1] Game Launch Impact - The expected profit growth is primarily attributed to the new game launches in the first three quarters of 2025, including "The Legend of the Staff (Mainland Version)," "Sword of the Immortal (Mainland Version)," "Friends Come to Dig Treasure," and "The Legend of the Staff (Overseas Version)" [1] - Additionally, the upcoming launch of "Fengshen Fantasy World" in October 2024 is expected to contribute to incremental profits compared to the same period last year [1]

Core Viewpoint - G-bits (603444.SH) expects a significant increase in net profit for the first three quarters of 2025, driven by new game launches and contributions from upcoming titles [1] Financial Performance - The company anticipates a net profit attributable to shareholders of between 1.032 billion to 1.223 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 57% to 86% [1] - The net profit excluding non-recurring gains and losses is projected to be between 1.03 billion to 1.22 billion yuan, which indicates an increase of 416.59 million to 606.59 million yuan compared to the same period last year, translating to a growth of 68% to 99% [1] Game Launch Impact - The expected profit growth is primarily attributed to the new game releases in the first three quarters of 2025, including "Legend of the Staff (Mainland Version)", "Sword Quest (Mainland Version)", "Friends Digging Treasure", and "Legend of the Staff (Overseas Version)" [1] - Additionally, the upcoming launch of "Fengshen Fantasy World" in October 2024 is expected to contribute to incremental profits compared to the previous year [1]