Core Insights - The company reported a significant increase in active accounts and paying accounts in Q3 2025, driven by the launch of new games and sustained performance of existing titles [1] - The average revenue per paying account decreased both quarter-on-quarter and year-on-year, attributed to the user growth structure and initial payment behaviors of new users [1] - The company is focusing on user-centric IP operations and enhancing community engagement through high-quality content and events [2] - Future plans include launching two self-developed games and expanding into international markets to enhance brand recognition and competitive advantage [3] Group 1 - The quarterly active accounts reached 10.2 million, a 29.1% increase from the previous quarter and a 37.8% increase year-on-year [1] - The quarterly paying accounts totaled 1.1 million, reflecting a 22.2% increase both quarter-on-quarter and year-on-year [1] - The average revenue per paying account was RMB 141.2, showing a 19.2% decrease from the previous quarter and a 13.2% decrease year-on-year [1] Group 2 - The company emphasized user demand in its IP operations, achieving notable results with core products like "Aoqi Legend Mobile" and "Aola Star Mobile" [2] - The "Aola Star Mobile" game received positive feedback through collaborations with popular IPs and community engagement initiatives [2] - The company plans to launch two self-developed games, "Chaos Color World" and "Under the Night," which are in the later stages of development [3] Group 3 - The company aims to accelerate its overseas market expansion while deepening its presence in the domestic market [3] - It plans to adapt its IP for global markets and create customized products for niche segments [3] - The focus is on building a diverse product matrix through innovative gameplay and quality content [3]

Core Insights - The company reported a significant increase in active accounts and paying accounts in Q3 2025, driven by the launch of new games and sustained performance of existing titles [1] - The average revenue per paying account decreased both quarter-on-quarter and year-on-year, attributed to the growth structure of new users primarily engaging in initial experiences [1] - The company is focusing on user-centric IP operations and enhancing community engagement through high-quality content and events [2] - Future plans include launching two self-developed games and expanding into international markets while maintaining a strong domestic presence [3] Group 1 - The quarterly active accounts reached 10.2 million, a 29.1% increase quarter-on-quarter and a 37.8% increase year-on-year [1] - The quarterly paying accounts totaled 1.1 million, reflecting a 22.2% increase both quarter-on-quarter and year-on-year [1] - The average revenue per paying account was RMB 141.2, down 19.2% quarter-on-quarter and 13.2% year-on-year [1] Group 2 - The company emphasized user demand in its IP operations, achieving notable results with core products like "Aoqi Legend Mobile" and "Aola Star Mobile" [2] - The "Aola Star Mobile" game received positive feedback through collaborations with popular IPs and community engagement initiatives [2] - Upcoming self-developed games include "Chaos Color World" and "Under the Night," both in advanced stages of development and testing [3] Group 3 - The company plans to accelerate its overseas market expansion while leveraging its existing IPs to adapt to regional cultures [3] - The strategy includes creating customized products for niche markets to enhance international brand recognition and competitiveness [3] - The focus remains on building a diverse product matrix through innovative gameplay and quality content [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 | 截至 | 截至以下日期止三個月 | 二零二四年 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 二零二五年 | 二零二四年 | 三月 | 三月 | 十二月 | 三十一日 | | | | | | | | 三十一日 | 三十一日 | 環比變動 | 止三個月 | 同比變動 | （季度活躍賬戶及季度付費賬戶以百萬為單位， | | | | | | | | 季度付費賬戶平均收入以人民幣元為單位） | | | | | | | | | | | | | 季度活躍賬戶1 | 6.5 | 6.3 | 3.2% | 5.9 | 10.2% | 季度付費賬戶2 | 0.9 | 0.8 | 12.5% | 0.9 | — | | 季度付費賬戶 | 平均收入3 | 177.0 | 160 ...