On January 30, 2026, Perfect World Co.,Ltd. released its full-year 2025 performance forecast. Throughout 2025, the company persistently advanced a series of optimization adjustments centered on business focus, organizational efficiency, and resource allocation, leading to a steadily improving overall operational posture. It is estimated that the annual net profit attributable to shareholders of the parent company will reach 720 million to 760 million yuan, with a non-GAAP net profit of 560 million to 600 million yuan, marking a year-on-year turnaround from loss to profit.
In 2025, Perfect World's gaming business is projected to achieve a net profit attributable to shareholders of the parent company of 830 million to 870 million yuan, and a non-GAAP net profit of 650 million to 690 million yuan. Key contributors to this performance include the official launch of the PC game "Zhu Xian World" in December 2024, the public beta of "Zhu Xian 2" in early August 2025, and the overseas launch of "Persona: Phantom of the Night" in markets including Japan, Europe, and America from late June to early July 2025. The strong performance of these multiple products provided significant incremental contributions to the company's 2025 results. Looking ahead, Perfect World's gaming business will continue to focus on its core genres and key projects. On one hand, it will deepen the operation of existing live-service games to unlock long-term value; on the other hand, it will fully advance the development of games in the pipeline to release growth potential. While consolidating its existing layout in MMO and anime-style products, the company is actively expanding into new categories such as SLG and casual games, and further strengthening its overseas business operations to drive steady development in the gaming segment. Currently, the supernatural urban open-world RPG "Yi Huan," developed by Perfect World, has shown significant improvements in product quality and user experience following preliminary testing and continuous refinement, garnering widespread market attention and anticipation. This game is set to begin a new round of testing in domestic and overseas regions in early February 2026. In the esports business, Perfect World continued its growth trend in 2025, using a multi-dimensional tournament system as an engine to drive refined product operations. Revenue increased compared to the previous year, contributing steadily to the company's performance. Moving forward, the company will adhere to its development path of "using tournaments to drive products and overseas expansion," delving deeply into product operations, market promotion, technological empowerment, and tournament ecosystem upgrades to continuously enhance its esports ecosystem. In August 2026, Perfect World will host the world-class tournament DOTA2 The International (TI 2026), and with more world-class spectacular events, it aims to foster the robust development of its esports business. In 2025, Perfect World's film and television business is expected to achieve a net profit attributable to shareholders of the parent company of approximately 20 million yuan, and a non-GAAP net profit of approximately 40 million yuan. The film and television business has consistently focused on the operational strategy of "improving quality while reducing quantity," with a core emphasis on "deep cultivation of long-form series, meticulous production of short-form series, and symbiotic growth," providing audiences with high-quality content. Since 2025, platform-customized series produced by Perfect World's film and television division, such as "A Thousand Peach Blossoms in One Lifetime," "Just This Jianghu Dream," "Shh, the King is Hibernating," "In the Time With You," "Top Secret Duel," "Falling for Navy Blue," and "The Night is Young," have been successively broadcast, receiving favorable market reception. Currently, reserved film and television works like "Why Not Sail Together," "The Name is San Jiu," "The Lark Sings to the Sky," and "The Legend of Yun Xiang - Let's Drink" are in various stages of production, post-production, and scheduling. Simultaneously, Perfect World will continue to deeply cultivate the short-form series track to support the healthy development of its film and television business. Summarizing 2025, Perfect World further clarified the strategic positioning and development layout of its gaming, esports, and film and television segments at the business level. At the management level, guided by results and value creation, the company continuously strengthened process governance, improved assessment mechanisms, and deepened talent梯队 construction, consistently enhancing management efficiency to empower business development. Through multi-dimensional optimizations and the parallel implementation of various initiatives, the company's overall operational posture has steadily improved, laying a solid foundation for further healthy development in the future.
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