Shulou(Shulou.com)11/24 Report--

CTOnews.com, October 30, 2008. According to the results of the third quarter of 2022, the revenue of Youyu Network in the third quarter was 438 million yuan, down 41.42% from the same period last year. The net profit of returning to the family was 3.09 million yuan, down 96.62% from the same period last year. The net profit of deducting non-return from home was 24 million yuan, an increase of 4.7% over the same period last year.

In the first three quarters of this year, the revenue of the tourist network was 1.462 billion yuan, down 41.87% from the same period last year; the net profit of returning to the family was 74.03 million yuan, down 79.1% from the same period last year; and the net profit of non-returning was 70.1685 million yuan, down 42.34% from the same period last year.

CTOnews.com learned that the wandering network said in its financial report that due to the delay in product launch and the periodic impact caused by the strategic contraction last year, the company's revenue in the reporting period decreased compared with the same period last year, and the company began to make full efforts in the fourth quarter. All regions of the global market will launch self-developed new products one after another, and will actively participate in the promotion of new products.

As of the date of disclosure of this report, "Time Raiders" ("New Tomb robbing Notes") has launched a public test in Europe, the United States and Southeast Asia on October 13. The Junior Studio's new card game "Echocalypse-Scarlet God" ("Scarlet God") was officially launched in Japan and Southeast Asia on October 20, ranking first in both App Store and Google Play downloads in Japan for many days, and in the top 10 of App Store bestsellers in Japan, Thailand, Singapore and other countries.

Operating income decreased by 41.42% in the reporting period compared with the same period last year, and by 41.87% from the beginning of the year to the end of the reporting period compared with the same period last year, mainly due to the implementation of focus strategy and lean growth strategy in the current period. product launch and advertising pay more attention to precision and efficiency, accordingly simplify the amount of advertising and pay more attention to delivery efficiency, while the launch of new products is expected to be postponed to the fourth quarter to optimize the launch. As a result, the scale of income in the reporting period was affected to a certain extent. With the gradual launch of the company's reserve products in the future, the company's revenue scale is expected to increase gradually.

On December 25, 2020, Mr. Lynch, the company's controlling shareholder and actual controller, died. Before his death, Mr. Lynch directly held 219702005 shares of the company, accounting for 23.99% of the company's total share capital at that time.

The above-mentioned shares have been notarized and issued by Shanghai Pudong notarization Office on January 9, 2021, and are jointly inherited by their minor children, Lin Xiaoxi, Lin Ruiyi and Lin Li. Ms. XU FENFEN (Chinese name: Xu Fenfen) is the mother and legal guardian of minors Lin Xiaoxi, Lin Ruiyi and Lin Wan (hereinafter referred to as "heirs"). The shareholders' interest in the company's shares held by the heir shall be exercised by her legal guardian, Ms. XU FENFEN (Chinese name: Xu Fenfen). Upon completion of the above equity changes and other related matters, XU FENFEN (Chinese name: Xu Fenfen) will become the actual controller of the company.

As of September 30, 2022, a total of 113042833 shares of the company under Mr. Lynch's name have been transferred to three heirs through inheritance and non-transaction transfer, and some of the shares held by Hongta Securities and Bank of Hangzhou have been passively reduced. It still has 71097996 shares in the company.

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