Core Viewpoint - Xiamen G-bits Network Technology Co., Ltd. reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance and a commitment to shareholder returns through substantial cash dividends [1][2]. Financial Performance - The company achieved a revenue of 4.486 billion yuan for the first three quarters, representing a year-on-year increase of 59.17% [1]. - The net profit attributable to shareholders reached 1.214 billion yuan, with a year-on-year growth of 84.66% [1]. - In Q3 alone, the revenue was 1.968 billion yuan, showing a remarkable year-on-year increase of 129.19% [1]. - The net profit for Q3 was 569 million yuan, reflecting a year-on-year growth of 307.7% [1]. Dividend Distribution - The company proposed a cash dividend of 60.00 yuan per 10 shares (including tax), totaling 431 million yuan [1]. - The total dividend for the first three quarters of 2025 is expected to reach 904 million yuan, which constitutes 74.47% of the net profit attributable to shareholders for the same period [1]. Business Strategy - The company relies on self-developed games and core intellectual properties to solidify its growth foundation, with new game launches contributing to revenue growth [2]. - In the first three quarters, the company launched several games, including "Staff Sword Legend (Mainland Version)" and "Daoist Friends Digging Treasure," which contributed to revenue and profit increases [2]. - The overseas gaming business generated a total revenue of 588 million yuan, marking a year-on-year increase of 59.46% [2]. Market Perception - Continuous and stable dividends are viewed as indicators of a company's robust operations and strong profitability, enhancing market recognition of its intrinsic value [2]. - The substantial dividend distribution aligns with regulatory expectations for listed companies to reward shareholders, promoting both investor returns and corporate value [2].

Core Viewpoint - The company G-bits (603444.SH) is expected to see a significant increase in net profit for the first three quarters of 2025, with projections indicating a rise of 57% to 86% year-on-year, amounting to a net profit of between 1.032 billion to 1.223 billion yuan [1] Financial Performance - The net profit attributable to shareholders for the first three quarters is projected to increase compared to the same period in 2024 [1] - The net profit excluding non-recurring gains and losses is also expected to show a year-on-year increase for the same period [1] Product Contributions - The increase in profit is primarily attributed to the launch of new games, including "The Legend of the Staff" (Mainland Version), "Sword Quest: Eternal Life" (Mainland Version), "Treasure Hunting with Friends," and "The Legend of the Staff" (Overseas Version) [1] - The upcoming launch of "Fengshen Fantasy World" in October 2024 is also expected to contribute to incremental profits compared to the previous year [1]