On October 19, Shenzhen iDreamSky Technology Co., Ltd. (1119.HK) disclosed that the company has entered into a strategic cooperation agreement with Shenzhen Nanshan Strategic Emerging Industry Investment Co., Ltd. (hereinafter referred to as "Nanshan Zhanxin Investment"), with the two parties jointly initiating a total-scale gaming industry strategic investment of 200 million yuan to support the development of the gaming industry in Nanshan District.
Nanshan District in Shenzhen is a nationally renowned breeding ground for the gaming industry, with leading enterprises such as Tencent and iDreamSky (ASX: 1119) rooted there, and the district's gaming industry scale reaching the hundred-billion-yuan level. The relevant investment will be deployed at Gametopia, Nanshan District's official gaming industry incubation platform, focusing on two major directions: ecosystem cultivation and industry collaboration.
Regarding ecosystem cultivation, the two parties will focus on investing in high-quality local gaming industry projects in Nanshan that are incubated at Gametopia, covering game development, AI content production, publishing services, and upstream and downstream supply chain support, striving to cultivate an innovative ecosystem for Nanshan's gaming industry.
In terms of industry collaboration, the two parties will jointly support the development of iDreamSky's (ASX: 1119) publishing business, focusing on its reserve of high-potential overseas game products, including "Gardenscapes (WeChat Version)" and "Mech Arena," as well as high-quality game publishing enterprises, to accelerate the expansion of imported game publishing operations and drive the overall upgrading of Nanshan's gaming industry chain through the publishing capabilities of leading enterprises.
It is worth noting that Nanshan Zhanxin Investment is a wholly state-owned company established by the Shenzhen Nanshan District Government, with registered capital of 7.45 billion yuan. It focuses on Nanshan's advantageous industries such as next-generation information technology, high-end equipment manufacturing, biomedicine, and the digital economy. It has cultivated 660 specialized and sophisticated "little giant" enterprises nationwide and was once selected as one of the "Top 50 Most Influential State-Owned Capital Investment Institutions in China for 2025." This joint strategic investment in the gaming industry represents an important move by Nanshan District's state-owned capital to participate in gaming industry incubation as a strategic investor, marking an extension of state-owned capital's layout in the gaming sector from "policy support" to "capital empowerment."
Gametopia is a municipal-level gaming industry incubator jointly built by the Nanshan District Bureau of Industry and Information Technology and Kexing Science Park, and operated by a wholly-owned subsidiary of iDreamSky (ASX: 1119), with an industrial space of nearly 5,000 square meters. Targeting the pain points of gaming startups, Gametopia offers a "seven-support" one-stop empowerment service encompassing funding, publishing, technology middleware, overseas expansion, market promotion, computing power supply, and industrial ecosystem.
Since its official unveiling in April 2026, Gametopia has successfully held two rounds of incubation selection roadshows, with a total of 32 companies participating across the two batches, and ultimately 26 companies selected for incubation. Over 80% of the incubated teams have backgrounds from major corporations, and over 40% are AI-native or AI-integrated teams.
In the future, the cooperation between iDreamSky (ASX: 1119) and Nanshan Zhanxin Investment will further integrate with Gametopia's incubation screening, roadshow review, and project service processes, providing qualified high-quality projects with industry resource connections, operational support, and cooperation opportunities, promoting a virtuous cycle of "incubation—cooperation—industry feedback."
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