On August 19, ARCHOSAUR GAMES (HK9990) unveiled its interim results for the first half of 2026, showcasing a steady financial performance. The company generated total revenue of RMB 609 million during the period, with integrated game publishing and operations contributing RMB 563 million—accounting for over 90% of total revenue and underscoring the competitive edge of its research-and-operations synergy model.
In its earnings release, ARCHOSAUR GAMES attributed the stable results primarily to the consistent performance of its flagship titles, 《以闪亮之名》 and 《龙族:卡塞尔之门》. Taking the former—a phenomenal hit in the female-oriented gaming segment—as an example, its domestic server has ranked among the top 30 on the iOS games grossing chart over a hundred times and reached the top 10 on fifteen occasions since its launch in mainland China in March 2023. During the third-anniversary month (March 2026), the paying user base grew year-on-year, hitting a peak not seen since May 2024, while the average daily active users (DAU) in the first half of this year surpassed the historical average for all previous years. This enduring vitality exemplifies the long-term value of the game's operational strategy.
Similarly, 《龙族:卡塞尔之门》, a strategy card game adapted from the acclaimed Dragon Raja novel and animation series, has demonstrated remarkable longevity in its operations. Through continuous content updates and themed events, the game has enriched player experiences and achieved fresh milestones even amid steady long-term management. On the launch day of its "白月长明处" version (July 18, 2026), both daily revenue and daily paying users reached new highs following the 2025 anniversary event (September 12, 2025), while DAU and daily new user figures also peaked at levels not seen since the 2024 National Day holiday period.
Beyond these core products, the MMORPG titles 《梦幻诛仙》 and 《龙族幻想》, launched in 2016 and 2019 respectively, continue to operate healthily and contribute steadily to group revenues. This consistent performance validates the replicability of ARCHOSAUR GAMES' long-term premium game strategy, with multiple classic titles maintaining robust traction over extended lifecycles.
While continually updating and iterating to sustain the operations of its established benchmarks, ARCHOSAUR GAMES is strategically focusing on two market-validated growth verticals—female-oriented games and strategy card games—to incubate new offerings through its research capabilities. This approach builds a resilient operational foundation characterized by "mature products providing support, and new products driving incremental growth." Among the upcoming titles, 《代号:神不言》, a female-oriented game developed on Unreal Engine 5 (UE5), was first unveiled in April 2026. Its promotional video and real-time technical demo amassed over 10 million global views within one day and surpassed 22 million within five days. In June 2026, the game's development team was invited to participate in the 2026 Chicago Unreal Engine Developer Conference, sharing their UE5-based development practices with a global developer audience. As of the results announcement date, global pre-registrations for the game have exceeded 5 million, generating significant player anticipation.
Meanwhile, 《诡秘之主:愚者》, a strategy card game adapted from the globally acclaimed IP Lord of the Mysteries, has also captured widespread attention. The game's promotional video, first revealed in June 2026, climbed to third place on Bilibili's gaming charts and subsequently led both the TapTap and Bilibili game pre-registration rankings. As of the announcement date, pre-registrations in mainland China have surpassed 1 million. The interim results indicate that both 《诡秘之主:愚者》 and 《代号:神不言》 are progressing smoothly through development, with launches anticipated in the near term—poised to further solidify ARCHOSAUR GAMES' medium-to-long-term growth momentum.
As competition in the global gaming industry intensifies and customer acquisition costs rise, the traditional model of scaling through heavy user acquisition is facing mounting challenges, particularly in mature markets such as North America, Europe, Japan, and South Korea, where players demand increasingly higher quality and immersive experiences. Leveraging its self-developed and self-published capabilities, ARCHOSAUR GAMES is advancing its overseas expansion, translating its domestic premium game development expertise into global competitiveness. For instance, 《龙族:卡塞尔之门》 launched in Japan, South Korea, Europe, and North America during the first half of 2026, topping Japan's iOS free games chart for three consecutive days after release and achieving standout core metrics. As of the announcement date, the game's cumulative global revenue has exceeded RMB 1 billion.
With overseas markets emerging as a critical avenue for industry growth, international expansion has become a key strategic pillar for ARCHOSAUR GAMES. In the first half of 2026, revenue generated outside mainland China reached RMB 142 million, representing a 15.9% increase from RMB 123 million in the same period of 2025 and accounting for 23.3% of total revenue. To date, ARCHOSAUR GAMES has launched 24 premium mobile games supporting 14 languages across multiple regional versions, covering virtually all countries and regions globally. Among these, two games have each surpassed RMB 4 billion in cumulative global revenue; one game has generated between RMB 3 billion and RMB 4 billion; and five games have each achieved between RMB 1 billion and RMB 3 billion in cumulative global revenue.
Looking ahead, as ARCHOSAUR GAMES diversifies its product portfolio beyond female-oriented, MMORPG, strategy card, and SLG genres to include idle RPGs and casual games, and continues to refine its integrated research-and-operations model alongside steady global expansion, the company is well-positioned to extend game lifecycles and deliver more stable, sustainable returns for shareholders over the long term.
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