G-bits(SH:603444)2024-06-03 09:21Product Development and Launch Plans - Multiple self-developed and agency products are progressing steadily, with key titles like "Zhang Jian Chuan Shuo" and "M72" having submitted their license applications, while others like "Zui Qiang Cheng Bao" and "M11" are on track [1] - Agency products such as "Yi Wan Guang Nian" and "Feng Shen Huan Jie" have obtained licenses and are scheduled for launch in the second half of 2024 in mainland China [1] Performance of Existing Titles - "Wen Dao Mobile Game" celebrated its 8th anniversary in April 2024, maintaining a high level of player engagement, with an average App Store ranking of 29 and a peak ranking of 10 during April-May 2024 [3] - "Yi Nian Xiao Yao" continues to have stable updates and events, with new features and realms introduced in April-May 2024 [4] Challenges and Future Plans for New Releases - "Outpost: Infinity Siege" launched on March 27, 2024, faced initial negative reviews due to technical issues and misaligned marketing strategies, but improvements are being made based on player feedback [5] - The team aims to enhance the product's quality and marketing efforts to improve its reception [5] International Business Development - The company emphasizes the importance of international business, with successful releases of titles like "Yi Nian Xiao Yao (EU Version)" and "Outpost: Infinity Siege" in various global markets since 2023 [7] Financial and Shareholder Information - The company plans to consider mid-year and quarterly dividends in 2024, contingent on operational performance and financial health [7] - As of May 31, 2024, the company has repurchased 241,500 shares, representing 0.3352% of total share capital, at a total cost of approximately 44.73 million yuan [10] R&D Team Dynamics - The number of R&D personnel was 692 at the end of 2022, increased to 855 by the end of 2023, and slightly decreased to 831 by March 2024 due to normal turnover [8] - The company employs a "small steps, quick runs" approach to R&D, focusing on talent acquisition based on project needs [9] AI Technology Application - The company is actively integrating AI technology across various departments, enhancing efficiency in game development and reducing outsourcing costs [11]