--- title: "According to reports, NetEase will stop funding Mingyue Studio starting in May" type: "News" locale: "en" url: "https://longbridge.com/en/news/278291594.md" description: "NetEase has decided to stop funding Mingyue Studio starting in May. Employees of the studio learned of this news last Friday, and a NetEase spokesperson confirmed the decision but did not disclose specific exit terms. Domestic media reported that after evaluation, NetEase found that completing the new project \"Gang of Dragon\" being developed by Mingyue Studio would require an additional investment of approximately 7 billion yen, leading to the decision to withdraw funding before the game's release" datetime: "2026-03-08T23:30:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278291594.md) - [en](https://longbridge.com/en/news/278291594.md) - [zh-HK](https://longbridge.com/zh-HK/news/278291594.md) --- # According to reports, NetEase will stop funding Mingyue Studio starting in May According to Bloomberg News, citing informed sources, employees of Mingyue Studio, which is partially funded by NetEase (09999.HK), were notified last Friday (6th) that NetEase has decided to stop investing in the studio starting in May. A NetEase spokesperson confirmed this but did not disclose the details of the exit terms for Mingyue Studio. In addition, according to domestic media reports, after evaluating the plan, NetEase found that to complete the new game "Gang of Dragon" that the studio is developing, an additional investment of about 7 billion yen (approximately HKD 347 million) would be required. Therefore, the company ultimately decided to withdraw funding before the game's official release ### Related Stocks - [BJK.US](https://longbridge.com/en/quote/BJK.US.md) - [ESPO.US](https://longbridge.com/en/quote/ESPO.US.md) - [GAMR.US](https://longbridge.com/en/quote/GAMR.US.md) - [516010.CN](https://longbridge.com/en/quote/516010.CN.md) - [HERO.US](https://longbridge.com/en/quote/HERO.US.md) - [517770.CN](https://longbridge.com/en/quote/517770.CN.md) - [159869.CN](https://longbridge.com/en/quote/159869.CN.md) - [NTES.US](https://longbridge.com/en/quote/NTES.US.md) - [09999.HK](https://longbridge.com/en/quote/09999.HK.md) ## Related News & Research - [FanDuel Teams Up with Erin Andrews to Champion Responsible Play Nationwide | FLUT Stock News](https://longbridge.com/en/news/284805760.md) - [Brag House to Present at the Market Movers Investor Summit | TBH Stock News](https://longbridge.com/en/news/284833946.md) - [Magic: The Gathering Unveils First Look at New Marvel Super Heroes, ‘The Hobbit’ Crossover Sets](https://longbridge.com/en/news/284940676.md) - [GameStop Eyes eBay Takeover As CEO Ryan Cohen Chases $100 Billion Valuation: Report](https://longbridge.com/en/news/284956407.md) - [Roblox slashes annual bookings forecast as new safety features take their toll](https://longbridge.com/en/news/284827051.md)