Giant Network Group Market Cap Surpasses 80 Billion RMB as Self-Developed Game "Extraordinary Action Team" Gains Momentum

Deep News09-10

Giant Network Group Co.,Ltd.'s stock price reached an intraday high of 42.88 yuan on Tuesday afternoon, pushing the company's market capitalization above 80 billion RMB and hitting a multi-year high. Market analysts believe that the strong performance of the company's self-developed game "Extraordinary Action Team" has been a key driver behind the market value growth.

"Extraordinary Action Team" officially launched earlier this year, gaining market attention with its distinctive "Chinese-style micro-horror + multiplayer cooperation" gameplay mechanics. Since entering the second quarter, the game has maintained consistent growth in user base and revenue, staying at the top of both iOS free games and top-grossing charts.

According to the August 2024 Global Revenue Rankings for Chinese Mobile Game Publishers released by market research firm Sensor Tower, "Extraordinary Action Team" achieved significant month-over-month revenue growth in August and entered the top ten Chinese iOS mobile game revenue rankings for the first time. Driven by this game, Giant Network Group's August revenue increased 72% month-over-month, with the company's ranking in the publisher revenue charts jumping to 16th place.

Giant Network Group mentioned in its financial report that the success of "Extraordinary Action Team" stems from the company's accumulated expertise in developing high DAU (Daily Active User) products. The company expects this game to become an important engine driving medium to long-term growth.

Notably, Giant Network Group founder Shi Yuzhu returned to the company at the end of 2022 to participate in research and development work, with the company's strategy now more focused on independently developing premium games. Financial data shows that Giant Network Group achieved a net profit of 1.425 billion RMB in 2024, representing a 31% year-over-year increase. In the first half of 2025, the company generated revenue of 1.662 billion RMB, up 16.47% year-over-year, with net profit of 777 million RMB, increasing 8.27% year-over-year. The company stated that due to deferred revenue accounting policies for gaming income, the performance contribution from "Extraordinary Action Team" will gradually be reflected in subsequent financial reports.

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