CMGE (00302) released its interim results, with a net loss attributable to shareholders of 639 million yuan, an increase of 170.32% year-on-year.

CMGE (00302) released its mid-term performance for the six months ending June 30, 2025. The group achieved a revenue of RMB 763 million (same unit), a decrease of 38.13% compared to the same period last year; the loss attributable to the owners of the parent company was RMB 639 million, an increase of 170.32% year-on-year. The announcement stated that the group's small game "Spring and Autumn Xuanqi" had outstanding revenue performance during the reporting period, gaining recognition from the market and players. Additionally, the group launched heavyweight IP games such as "Doupo Cangqiong: Unparalleled," "Doulou Dalu: Shrek Academy," and "Doulou Dalu: Reverse Time and Space" in overseas markets, leading to a significant increase in overseas revenue. However, the revenue from newly launched games "Three Thousand Fantasies" and "Daily Life of Chat Groups" did not meet expectations. The game "New Romance of the Three Kingdoms: Cao Cao's Biography," which was launched on June 27, 2025, achieved a good ranking on the charts but its short duration of availability during the reporting period did not contribute much revenue. Additionally, the IP authorization for the successful game "New Shooter Quests of the Heroes of the Condor Heroes: Iron Blood and Gallbladder" has expired, and after friendly negotiations with the collaboration partner, the operation was terminated in 2024, failing to generate revenue during the reporting period. These various reasons led to a decrease in game distribution revenue.