Huatai Securities: Optimistic about the potential of Chinese overseas game developers in research and development, production, and localized operations

Huatai Securities pointed out that Chinese manufacturers have gradually established a foothold overseas through high-standard game projects, especially the cultural export of domestic 2D games to Japan, which has captured the hearts of many players with exquisite production and differentiated gameplay. At the same time, multi-platform distribution has gradually become a standard configuration for Chinese manufacturers going abroad. We are optimistic about the potential of Chinese game manufacturers in research and development as well as localized operations, and we also have confidence in leading manufacturers in Japan that possess the ability to transcend cycles with classic IP