Rastar(SZ:300043)2022-12-07 08:11Group 1: Company Strategy and Development - The company is transitioning from external acquisitions to internal growth, focusing on "industry + investment" strategy to solidify its industrial ecosystem [3][4] - The strategic shift emphasizes building a strong brand and ecosystem, attracting talent and resources to enhance the industry foundation [3][4] - Future expansions may include areas like animation and sports, alongside a focus on mobile advertising and internet integration [4][6] Group 2: Game Business Overview - The company started as a web game developer and has shifted towards both development and publishing, with 9 studios and around 300 staff involved in game publishing [5] - Mobile games currently account for over 30% of total game revenue, with expectations to reach parity with web games by year-end [5] - The company is exploring overseas markets by investing in local publishing firms in regions like North America and Southeast Asia [5] Group 3: Financial Performance and Market Position - The toy segment remains stable, with growth expected from previously developed products and new bicycle models [6] - The company is focusing on integrating its gaming and toy businesses to leverage synergies and enhance overall performance [8] - The company aims to maintain a steady growth trajectory, with a focus on long-term sustainability rather than short-term gains [8][10] Group 4: Investor Relations and Market Strategy - The company is committed to transparent information disclosure, adhering to regulations to ensure accurate and timely communication with investors [10] - There is a focus on creating a platform for innovation and entrepreneurship, supporting external companies while enhancing internal capabilities [7][9] - The company is cautious in its acquisition strategy, seeking mature and valuable targets in a volatile market [7][9]