BOTON TECHNOLOGY(300031)2022-12-03 08:36Group 1: Financial Performance - The company achieved a total revenue of 1,951.91 million CNY in the first nine months of 2020, representing a year-on-year growth of 10.32% [2] - The net profit attributable to the parent company was 316.21 million CNY, an increase of 35.84% compared to the same period last year [2] - In Q3 2020, the net profit reached 80.18 million CNY, showing a year-on-year growth of 22.80% [3] Group 2: Business Development - The mobile internet business has transitioned to overseas regional distribution and operation, focusing on markets in South Korea, Southeast Asia, and expanding into Europe, the US, and Japan [3][5] - The revenue share from the Japanese and European markets increased from 5% to over 30%, indicating strong growth momentum [5] - New products launched in 2020, such as "Food Fantasy" and "Destiny's Rule," performed well in the market [4] Group 3: Research and Development - The company is focusing on self-developed products, with the first self-developed game "End of the Line: Inobeta" released on July 31, 2020 [6][9] - The company has established a research and development system to enhance its capabilities in mobile game publishing and self-developed content [6] - The company plans to leverage new technologies like AR/VR, with the VR/AR market projected to reach 18.8 billion USD in 2020 and a compound annual growth rate of 67% from 2019 to 2023 [9][10] Group 4: Strategic Initiatives - The company aims to optimize its governance structure and focus on business transformation and innovation in profit models [10] - It will continue to promote a dual business model of "mobile internet + industrial internet," enhancing its technological and talent capabilities [10] - The company is committed to fulfilling social responsibilities while pursuing high-quality and steady growth [10] Group 5: Shareholder Information - The major shareholder has pledged 12.85% of their personal shares, which accounts for 2.92% of the total share capital [8]