Core Insights - The core issue highlighted is the underperformance of Xishanju Games, which has negatively impacted Kingsoft's revenue in the second quarter [1] Company Performance - Kingsoft's revenue declined due to the poor performance of its gaming segment, particularly Xishanju Games [1] - The company reported a revenue drop of 15% year-on-year, amounting to 1.2 billion yuan [1] - The gaming division's revenue fell by 25% compared to the previous year, contributing significantly to the overall decline [1] Industry Context - The gaming industry is facing challenges, with increased competition and changing consumer preferences affecting revenue streams [1] - The decline in revenue for Kingsoft reflects broader trends in the gaming sector, where companies are struggling to maintain growth [1]