Core Viewpoint - The strategic partnership between Zhong Shouyou Technology Group and Amber Premium aims to leverage their respective strengths in the gaming and Web3 sectors to enhance the commercial value of the classic IP "Xianjian Qixia Zhuan" while ensuring compliance with regulations [1][3][4]. Group 1: Strategic Partnership - Zhong Shouyou has announced a strategic collaboration with Amber Premium to integrate their advantages in the gaming industry and Web3 [1][3]. - Amber Premium will provide customized services, including blockchain development, wallet security, payment solutions, and digital asset management, to support Zhong Shouyou's Web3 ecosystem [3][4]. - The partnership is expected to explore further opportunities in the Web3 space, leveraging Amber Premium's extensive client base and industry recognition [3][4]. Group 2: Web3 Business Development - This collaboration is a significant step in Zhong Shouyou's Web3 business strategy, following its announcement of a Web3 strategy and collaboration with a stablecoin sandbox pilot issuer [2][3]. - Zhong Shouyou's Web3 plans include the RWA (Real World Asset) tokenization of the "Xianjian" IP, a Web3 aggregation payment tool supporting fiat and major cryptocurrencies, and the launch of a decentralized esports platform "KKFun Esports" by late 2025 to early 2026 [4][5]. - The partnership with Amber Premium is anticipated to play a crucial role in the implementation and growth of Zhong Shouyou's Web3 initiatives [4]. Group 3: Company Background - Zhong Shouyou Technology Group is a leading global IP game operator, focusing on creating high-quality IP games through self-developed and co-developed projects [6]. - The company went public on NASDAQ in September 2012 and later listed on the Hong Kong Stock Exchange in October 2019 [6]. - Amber Premium, a subsidiary of Amber Group, provides institutional-grade financial services and aims to redefine digital wealth management in the Web3 economy [7].

Group 1 - In the first half of 2025, China's self-developed games achieved actual sales revenue of $9.501 billion in overseas markets, representing a year-on-year growth of 11.07% [1] - Mini-games are becoming a core growth engine for overseas expansion, characterized by lightweight forms that meet fragmented demand, technological empowerment through AIGC, and rapid traffic growth driven by social sharing [1][2] - The strong performance of the cultural industry overseas injects confidence into the market, highlighting the effectiveness of the overseas strategies of related gaming companies [1] Group 2 - The "Horizon" series of games has reached a cumulative global sales figure of 38 million copies, an increase of 5.3 million copies since April 2023, primarily driven by the PC port of "Horizon: Forbidden West" and the release of spin-offs [2] - The series has solidified its status as a top IP for PlayStation, showcasing the strong vitality of the IP and the market's recognition of the operational capabilities of related gaming companies [2] Group 3 - Zhongyou Game's subsidiary SuperNova has signed a memorandum of cooperation with a stablecoin issuer participating in Hong Kong's first batch of stablecoin sandbox pilots, focusing on payment integration testing [3] - This move reflects Zhongyou Game's commitment to advancing its Web3 strategy, which includes launching a Web3 aggregation payment tool to support various payment methods [3] - The integration of stablecoin payments is expected to enhance user experience and broaden business boundaries, increasing attention on related blockchain concept sectors [3]

Core Viewpoint - The collaboration between Zhongshou Technology Group and a stablecoin issuer in Hong Kong marks a strategic move to leverage the upcoming regulatory framework for stablecoins, enhancing the company's Web3 strategy and payment solutions [1][2]. Group 1: Company Developments - Zhongshou's subsidiary, SuperNova, has signed a memorandum of understanding with a stablecoin issuer approved by the Hong Kong Monetary Authority, focusing on stablecoin payment integration [1]. - This partnership is a key step following Zhongshou's announcement of a comprehensive Web3 strategy on July 25, aimed at seizing market opportunities presented by new stablecoin regulations effective August 1 [1][2]. - The collaboration will promote and expand the use of stablecoin payment scenarios in the overseas gaming sector [1]. Group 2: Industry Context - The new regulatory framework for stablecoin issuers in Hong Kong aims to provide a clear legal structure and a healthy development environment for the stablecoin market [1]. - Stablecoins are recognized for their potential to bridge traditional finance and digital assets, enhancing cross-border payment efficiency, reducing transaction costs, and promoting financial inclusivity [1]. - The integration of stablecoins into Zhongshou's Web3 payment tools is expected to enhance security and credibility, optimizing payment experiences and capital flow efficiency for its global gaming operations [2].

Core Viewpoint - The company is accelerating its strategic initiatives in IP RWA, Web3 aggregation payment, and Web3 esports gaming platforms, aiming to leverage the historical opportunities presented by Hong Kong's Web3 policies [1][4]. Group 1: IP RWA and Strategic Initiatives - The company plans to deepen its operations in the IP RWA sector, particularly focusing on the "Xianjian Qixia Chuan" IP, which has a rich history and significant commercial value accumulated over thirty years [2]. - The RWA initiative aims to unlock new vitality and commercial potential for the "Xianjian Qixia Chuan" IP through its on-chain plan [2]. Group 2: Web3 Aggregation Payment Tool - The company will launch a Web3 aggregation payment tool that integrates fiat currencies, major global virtual currencies, and stablecoins, optimizing cross-border payment processes and reducing settlement costs [2][3]. - The tool is designed to support the company's overseas business development and will be embedded within its gaming ecosystem [2]. Group 3: Web3 Esports Platform - The company has initiated the development of a decentralized Web3 esports platform named "KKFun Esports," expected to launch in overseas markets by late 2025 to early 2026 [3]. - "KKFun Esports" will integrate the Web3 aggregation payment tool and support payments in major virtual currencies and stablecoins, promoting a healthy and competitive gaming environment [3]. Group 4: Systematic Extension of IP Value Chain - The company's Web3 strategic initiatives are not isolated technical applications but represent a systematic extension of its IP value chain and global gaming ecosystem [4]. - All initiatives will be pursued under principles of compliance and transparency to create new growth momentum and long-term value for shareholders [4].