Sanqi Mutual Entertainment stands at the forefront of the tide
Became the first listed company to pay consecutive "quarterly dividends".
Under the guidance of the new "National Nine Articles", the capital market has ushered in new development opportunities. In this wave of development, Sanqi Mutual Entertainment has become the first listed company with continuous "quarterly dividends" with its forward-looking strategic vision and strong financial strength, which has undoubtedly set a new benchmark for the entire A-share market.
Sanqi Mutual Entertainment announced the 2023 profit distribution plan, which intends to distribute cash dividends of 3.70 yuan (tax included) to all shareholders for every 10 shares, and the amount of the dividend plan for 2023 is expected to be 820 million yuan, plus the previous dividend amount of 992 million yuan in the first half of 2023, the total dividend in 2023 accounts for 68% of the annual net profit attributable to the parent company.
Of course, the reason why Sanqi Mutual Entertainment can become the first listed company to continuously "pay quarterly dividends" is inseparable from its strong business strength and stable financial situation. With excellent game products and excellent operational capabilities, the company has achieved sustained revenue growth and steady profit improvement.
On April 19, Sanqi Mutual Entertainment released its 2023 annual report and 2024 first quarter performance forecast. According to the announcement, the company will achieve operating income of 16.547 billion yuan in 2023 and net profit attributable to the parent company of 2.659 billion yuan, and the operating income is expected to increase by more than 25% year-on-year in the first quarter of 2024, and the net profit attributable to the parent company is expected to be 600 million yuan to 650 million yuan, which is expected to increase by 30%-40% quarter-on-quarter. At the same time, Sanqi Mutual Entertainment announced the profit distribution plan for 2023, which intends to distribute cash dividends of 3.70 yuan (tax included) to all shareholders for every 10 shares, and the amount of the dividend plan for 2023 is expected to be 820 million yuan.
Through quarterly dividends, Sanqi Mutual Entertainment allows shareholders to share the company's development achievements more frequently, thereby further enhancing shareholders' trust and support for the company, and will further promote the healthy development of the capital market.
In 2023, the overseas revenue will be 5.8 billion yuan
Firmly ranked in the first echelon of the industry
In the process of firmly promoting the globalization strategy, Sanqi Mutual Entertainment has demonstrated strong overseas market expansion capabilities and profound game research and development capabilities. In the face of the increasingly fierce competition of games in overseas markets and the increase in the difficulty of going overseas, the company's overseas business is still able to maintain a steady development trend, which is behind Sanqi Mutual Entertainment's keen insight into market trends and the effective implementation of precise strategies.
The continuous growth of the company's overseas operating income, especially from 1.049 billion yuan in 2019 to 5.807 billion yuan in 2023, fully proves the strong competitiveness and broad development prospects of Sanqi Mutual Entertainment in overseas markets. At the same time, the company was shortlisted as one of the top three in the 2023 annual overseas revenue list of Chinese mobile game publishers, which further highlighted Sanqi Mutual Entertainment's leading position in the global game market.
In terms of products, Sanqi Mutual Entertainment has launched a number of benchmark products for going overseas, forming a product matrix based on MMORPG, SLG, cards, and simulated management. In particular, "Puzzles & Survival", a phenomenal product that integrates the "match-3 + SLG" gameplay, has maintained a strong market vitality with its innovative game category integration and cultural integration, with a cumulative turnover of more than 10 billion yuan, becoming an important growth point of the company's overseas business.
In addition, Sanqi Mutual Entertainment also focuses on enhancing the market competitiveness of products through differentiated competition strategies. The company adopts the strategy of "heavy games are light, light games are heavy", and according to the characteristics of different markets and the needs of players, the company carries out refined operation and differentiated promotion of products. For example, 데블M, which was launched in the Korean market, has achieved a differentiated advantage in game experience by highlighting the core fun of the game, and successfully broke through the highly competitive MMORPG mobile game scene in South Korea.
In terms of cultural inheritance, Sanqi Mutual Entertainment deeply integrates the gameplay themes and promotional materials of its products with the excellent traditional Chinese culture, and promotes the global expression of Chinese stories through the carrier of games. This not only enhances the cultural connotation and attractiveness of the game, but also makes a positive contribution to the dissemination and promotion of Chinese culture.
Continue to promote the "AI three-step" strategy
The "AI three-step" strategy proposed by Sanqi Mutual Entertainment in its annual report is its thoughtful and forward-looking plan for the application of artificial intelligence technology in the game industry. This strategy not only reflects Sanqi Mutual Entertainment's positive attitude towards technological innovation, but also demonstrates its determination and strength in promoting the intelligent upgrading of the game industry. And in recent years, AI technology has indeed been regarded as an important technological revolution to reshape the productivity of games, and major game companies have also deployed to take advantage of this revolutionary technology.
Therefore, Sanqi Mutual Entertainment put forward the "AI three-step" strategy in its annual report. The first step is to release the AI application first, and gradually integrate it into each business link. The second step is to realize tooling and modularization based on the accumulation in the early stage, and build a more automated and intelligent game industrialization pipeline. The third step is to explore more possibilities for AI to enrich gameplay.
And as early as 2018, Sanqi began to explore the application of AI in game industrialization, and successfully independently developed nine middle platform products, establishing a mature game industrialization pipeline, which has achieved a leading position for the company in the industry. Taking the company's self-developed art design platform "Turing" as an example, it effectively promotes the collaborative management of art processes on the creative side, the preservation and retrieval of art assets, and the intelligent generation of 2D images. This has greatly improved the efficiency of 2D art work, with a total of more than 280,000 AI-2D drawings per month for each business line, while saving 60%-80% of man-hours in character concept art.
At present, Sanqi Mutual Entertainment has further built an internal AI Agent platform, which has improved the independent decision-making ability and collaborative office efficiency of digital and intelligent products, and realized "workstation-level" AI services, so that every employee can enjoy the convenience brought by AI.
In general, in the application of AI technology, Sanqi Mutual Entertainment not only focuses on improving the efficiency of game development and operation, but also strives to explore how AI can bring players a richer and more personalized game experience.