Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) 2021 operating revenue increased by 13% and overseas business reached a new high

Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) 4 the annual report of 2021 released on April 25 shows that the company achieved an operating revenue of 16.216 billion yuan, a year-on-year increase of 12.62%; The net profit attributable to shareholders of listed companies was 2.876 billion yuan, a year-on-year increase of 4.15%. The company’s overseas business reached a new high, with an overseas game business revenue of 4.777 billion yuan, an increase of 122.94% over the same period last year. In addition, the company expects the net profit attributable to the parent company to be 740770 million yuan in the first quarter of 2022, with a year-on-year increase of 533.71% – 559.40%.

Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) said that in 2021, the company’s mobile game business categories will be more diversified, and the product quality will be greatly improved. During the reporting period, the newly launched “Douluo mainland: duel between soul masters”, “glory Archangel”, “Douluo mainland: Awakening of martial spirits”, as well as the globally released “Puzzles & survival”, “call me the big shopkeeper” and “song of Cloud City” have performed well, continuously promoted the product refinement, diversification and market globalization, and achieved phased results.

The implementation of high-quality products and diversification strategy is inseparable from the continuous overweight of Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) on product research and development. During the reporting period, the company invested 1.25 billion yuan in R & D, a year-on-year increase of 12.37%. In addition, on the basis of self-developed brands, the company also strengthens its self-development ability by incorporating R & D teams, and has long-term and in-depth cooperation with excellent game developers through investment layout and other ways.

Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) said that in 2022, the company will deepen the core advantage of “high-quality products”, give play to the strategic advantage of “integration of research and operation”, and carry out diversified layout on the product supply side through rich self-research and external R & D reserves. At present, the company has reserved nearly 30 products at home and abroad through self-research, agency and customization, including MMORPG, card, SLG, simulated operation and other different categories, covering multi civilization, magic, immortal Xia, city, female orientation and other types of themes.

It is worth noting that in 2021, Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) overseas revenue growth accelerated again, which has become the second driving force for its steady development. According to the financial report, the revenue of Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) overseas business during the reporting period was 4.777 billion yuan, with a year-on-year increase of 122.94%, which is the third digit growth of the company’s overseas annual revenue for two consecutive years. In addition, during the reporting period, the company remained in the top 10 of the global revenue ranking of Chinese mobile game publishers published by sensor tower every month, ranking the highest in the fourth place.

In addition, the company has in-depth layout in the fields of meta universe games, social networking, entertainment, consumption, urban construction and so on Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) said that at present, based on the early investment in VR / AR content, the company continues to expand. Through investment, the company cuts into the fields involved in the bottom of the multi-element universe, such as computing power, semiconductor, optics, display, complete machine, application and bottom technology, and invests in a number of high-quality enterprises, including optical modules, optical display, AR glasses, VR content, cloud games, space intelligence technology and semiconductor materials, to integrate technology and high-quality content. At present, the meta universe related enterprises invested or acquired by Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) include archiact, wave optics, raxium, digilens, chenjing technology, shadow technology, Guangzhou semiconductor, JingZhan semiconductor, fast disk cloud game, etc.

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