Xinghui Entertainment disclosed its 2023 annual report on the evening of April 28. During the reporting periodSupersicbocasinoThe company realized operating income of 17Supersicbocasino.33 billion yuan, an increase of 7.90% over the same period last year; the net profit belonging to shareholders of listed companies was 27.7085 million yuan, an increase of 108.93% over the same period last year, turning losses into profits; deducting non-net profits of-87.8154 million yuan, the loss was greatly narrowed.
According to the annual report, during the reporting period, the company's game business achieved a main business income of 494 million yuan, an increase of 17.92% over the same period last year, accounting for 28.52% of the total revenue. The company has officially reached Hongmeng original game cooperation with Huawei Game Center, and has launched Hongmeng native game development of products such as "Adventure Island: the will of the Alliance" and "Breaking the Sky: the birth of different Fire". The company actively embraces the opportunities and changes brought about by the new quality productivity represented by AI and other technologies. At present, AI applications have realized normal applications in the company's game development and distribution, including the ability to train game materials based on AI, with the help of AI text production tools such as runway, combined with the rendering optimization of the game engine. Self-developed to produce more exquisite game plot short animation, release publicity video material, game UI dynamic interface and so on.
According to reports, IP games constitute the main incremental point of the follow-up company's game business, "Adventure Island: the will of the Alliance" will be online at the end of January 2024, self-developed series of products such as "fighting through the firmament", "Wonderland Legend" and "The Legend Of Three Kingdoms" will be launched at home and abroad around 2024-2025, and the future product release foundation of the game business will be consolidated.
During the reporting period, the company's toy business achieved a main business income of 387 million yuan, an increase of 2.96% over the same period last year, accounting for 22.33% of the total revenue, and a net profit of 58.9886 million yuan, an increase of 405.06% over the same period last year. In the environment of slow global economic recovery, the company's toy business products and channel structure have been further optimized, while in line with the active business strategy, revenue and profits have maintained steady growth.
(article source: China Securities News, China Securities Network)