Rastar(SZ:300043)2022-12-08 02:14Group 1: Company Overview and Strategy - Star Glory Interactive Entertainment Co., Ltd. has shifted its focus from traditional toy manufacturing to a broader entertainment strategy, including gaming and IP development [3][9]. - The company has made significant acquisitions, including a 54% stake in Spring Fusion, to enhance its entertainment portfolio [3][4]. - The strategic direction emphasizes a combination of industry and investment, aiming to create a synergistic ecosystem across various entertainment sectors [4][10]. Group 2: Investment and Growth Plans - The company plans to invest heavily in IP development, particularly in animation and video, to create multiple revenue streams [4][5]. - Investments are targeted at companies with clear profit models and potential for growth, avoiding those at their peak [5][10]. - The focus is on global expansion, with investments in North America, Southeast Asia, and other mature markets to enhance international presence [4][6]. Group 3: Gaming Sector Insights - The gaming division is expected to release 12 mobile games and 8 web games in the current year, with a strong emphasis on content-driven development [6][9]. - The company aims to leverage its gaming content to create a cohesive ecosystem that benefits all entertainment sectors [9][12]. - The gaming team consists of approximately 600 employees, with over 300 dedicated to research and development [6][9]. Group 4: Future Outlook and Market Position - The company anticipates maintaining a high growth trajectory, with a focus on clear profit models and strategic investments [10][14]. - There is a commitment to fostering a collaborative environment among acquired companies to enhance overall performance [5][10]. - The leadership believes that competition will drive industry growth, and the company is positioned to adapt quickly to market changes [12][14].