KINGNET(SZ:002517)2025-09-01 10:54Financial Performance - In the first half of 2025, the company achieved operating revenue of CNY 2.578 billion, a year-on-year increase of 0.89% [2] - Net profit attributable to shareholders reached CNY 950 million, reflecting a year-on-year growth of 17.41% [2] - As of June 30, 2025, total assets amounted to CNY 10.036 billion, up 25.04% from the end of the previous year [2] - Net assets attributable to shareholders were CNY 8.203 billion, an increase of 25.28% compared to the end of the previous year [2] Revenue Composition - The increase in net profit was primarily due to a shift in business structure, with higher-margin R&D and platform services gaining a larger share, while lower-margin distribution services decreased [3] - Information service revenue for the first half of 2025 was CNY 657 million, mainly from game resource publishing and community services [4] International Business - Overseas revenue reached CNY 202 million, accounting for 7.82% of total revenue, with a year-on-year growth of 59.57% [4] - The company launched several successful games in international markets, including "Monster League" and "MU Immortal," achieving top rankings in various app stores [6][8] Shareholder Commitment - Major shareholders and executives have committed to not reducing their holdings for five years and to reinvest dividends into purchasing additional shares [6] - As of June 16, 2025, the total amount reinvested from dividends was CNY 416.81 million [6] AI Development - The company introduced "SOON," an AI development platform that automates the game development process, significantly reducing development time from months to hours [7][8] - The upcoming product "EVE" aims to create deep emotional connections through a 3D AI companion application, set to launch in 2025 [8] Future Products - The company plans to release "Warm Star Valley Adventure," an AI toy brand targeting emotional companionship for ages 12-35, expected to launch in 2025 [9] - The "Legend Box" business is expanding with new partnerships and promotional agreements, aiming to enhance user experience and community interaction [11]