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

On October 10, Beijing time, Global Murphy Universe, a virtual technology company from Beijing, completed the pricing of IPO at US $5 per share on Nasdaq under the stock symbol "GMM". The company officially listed on the NASDAQ Stock Exchange on the 10th EST. Global Murphy has become the second Chinese company to successfully IPO in the United States since the new rules for filing by the China Securities Regulatory Commission were formally implemented on March 31 this year. Global Mofei is a technology enterprise that takes virtual digital assets as the core and uses digital technology to provide customized services for meta-universe industry. The company revolves around meta-universe industry virtual content production, digital marketing and digital asset development technology solutions, has established various core advantages. The company is committed to establishing the largest high-precision virtual digital asset property library in China, and working with the upstream and downstream participants in the industry to build a new generation of meta-universe digital world.

The advantage of technological innovation is unique and has a wide range of applications.

According to Frost Sullivan's report, Global Murphy is one of China's leading digital asset libraries, with more than 7000 high-precision 3D digital assets. These digital assets have a variety of application scenarios to meet the needs of different industries and users. Whether in the fields of virtual reality games, digital marketing or education and training, Global Murphy can provide a rich variety of digital assets to bring users a more immersive and personalized experience.

Through continuous technological innovation, Global Mofei continues to improve its competitiveness in the field of meta-universe. Its unique "MofyLab" technology platform, which integrates several underlying tool systems, can transform people, things and fields in the real world into digital assets commonly used in the virtual world, and assist customers to generate virtual content through the one-stop function of the meta-universe editable middle platform, empowering the upstream and downstream enterprises of the meta-universe. It combines the latest three-dimensional (3D) reconstruction technology and artificial intelligence (AI) interaction technology to provide users with high-precision, high-definition virtual 3D objects. These objects can not only be widely used in different applications, but also have a resolution of 4K, which is comparable to the quality of the movie, bringing users an immersive virtual experience.

Global Murphy's virtual content production, digital marketing and digital asset development technology solutions can play a role in multiple application scenarios. The high-precision 3D virtual objects of the company's digital asset library can be used to create a realistic virtual reality game world. Game developers can use these virtual objects to build game scenes, personas and animal characters, providing an immersive and more realistic game experience. Students and trainers can also carry out practical operation and simulation experience through virtual reality technology to improve the learning effect and training quality. Through Global Murphy's technical solutions, users can explore places of interest, visit museums, visit city streets and experience various tourist attractions and cultural heritages in the virtual world without actually going to the destination.

With its technological advantages, Global Murphy can also provide enterprises with innovative digital marketing solutions through virtual reality, interactive experience, virtual exhibition, data analysis and personalized recommendation, virtual social networking and other ways to help enterprises enhance brand image, expand market influence and establish closer interaction with users.

Metacosmos has great market potential, and industry change is accelerating.

Meta-universe is a new form of Internet application and society formed by the integration of many technologies. Meta-universe is divided into consumer meta-universe and industrial meta-universe. Consumer meta-universe pays attention to immersive virtual world experience, while industrial meta-universe pays attention to the interaction and integration of virtual world and real world to empower the real economy. At present, meta-universe is in the initial stage of the transition from single-point technological innovation to technology-integrated innovation, and from single-industry application to cross-industry application and exploration.

At present, the global metacosmos industry is accelerating its evolution. It is estimated that the global metacosmos market will reach US $1.5 trillion by 2030. As a new form of interaction and integration between the virtual world and the real world, meta-universe has the opportunity to change the scene of office, social, industry and so on. Under the catalysis of the epidemic situation, the penetration of the digital office market has increased. In terms of industrial meta-universe, intelligent manufacturing is expected to accelerate the development of related technologies with the help of the development of meta-universe, pushing up the global market size to exceed 540 billion US dollars in 2025.

In terms of consumer meta-universe, Global Murphy can make use of the immersive virtual world experience of meta-universe to provide richer and more innovative educational content and learning experience, and bring higher-quality educational services to users. In terms of industrial meta-universe, Global Murphy can interact with the real economy to provide digital transformation and upgrading solutions for the real industry, so as to promote the development of the real economy. Recently, the Ministry of Industry and Information Technology and other ministries and commissions jointly issued the three-year Action Plan for Innovation and Development of Metasmos Industry (2023-2025), which put forward a clear strategy for promoting the high-quality development of metacosmos industry. global Murphy, as the governing unit of the industrial meta-universe coordinated development organization, actively corresponds to national policies and will contribute to promoting the development of the action plan.

Driven by 5G and AR technologies, through real-time massive information exchange and immersive experience, the realization of meta-universe depends on the continuous improvement of underlying technologies such as communication and data processing. The rapid adoption of 5G technology and the improvement of computing power in China will further enhance the immersion experience of users and promote the development of meta-universe.

In June this year, Shanghai formally released the Action Plan for tackling key Technologies of Meta Universe (2023-2025), which injected new impetus into tackling key technologies of Meta Universe. At the same time, breakthroughs in large models such as ChatGPT and immersive devices such as Apple Vision Pro will also bring about great changes in meta-universe.

Centering on the elements such as building the underlying foundation of the meta-universe, the transition from the real world to the meta-universe, building a new economic system and scalable ecosystem of the meta-universe, building a digital world close to the real world, building the ecology of digital content and the transition from meta-universe industry to industrial meta-universe, global Murphy can make interactive integration with the real economy with the help of meta-universe and real economy. The core application scenarios such as infrastructure, human-computer interaction, decentralization, digital creation, content creation and scene application provide digital transformation and upgrading solutions for the real industry, so as to promote the development of the real economy.

The financial performance is sound, the company's strategy is clear, and the late performance is ready to go.

According to the prospectus, global Murphy's total revenue grew steadily in the three fiscal years ended September 30, 2022, to $5.0425 million, $14.2682 million and $17.1883 million, respectively. From the perspective of revenue growth, the company maintains an annual growth rate of more than 20%, showing a stable performance.

Specifically, in fiscal year 2022, the company's revenue from virtual technology services was about $12.537 million, accounting for 72.93% of total revenue; digital marketing revenue was about $632000, accounting for 3.67% of total revenue; and digital asset development and other income was about $4.0193 million, accounting for 23.40% of total revenue.

These data show that Global Murphy has a strong market share in the field of virtual technology services, and has made some achievements in digital marketing and digital asset development. According to the prospectus, with advanced 3D reconstruction and AI interactive technology, Global Murphy has been certified as a national high-tech enterprise by the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee. In addition to continuously optimizing technology, the company also plans to accelerate the development of digital assets and is expected to convert at least 10000 assets each year to expand its competitive advantage.

Global Murphy's future goals also include maintaining and further developing business relationships with metacosmos industry customers and potential players. Over the years, the company and the industry upstream and downstream enterprises have established a solid relationship of cooperation. Its founding team has established close ties with China's leading meta-cosmic platforms such as Tencent and Alibaba. In addition, Global Murphy has established business relationships with content companies in different areas of the industry, such as Youku, Perfect World, Wimi Hologram and so on.

According to the prospectus, in order to implement the business strategy, Global Murphy plans to acquire or cooperate with similar digital asset providers within 1-2 years after listing to expand the content of its digital assets. The company believes that there are only a few independent providers of high-definition 3D digital assets in the world, and their performance is mostly mediocre because of outdated operating concepts.

With the continuous development of virtual technology and digital field, the company is expected to further expand its market share through the listing of US stocks, and use the funds raised to invest more in technology research and development and market integration, so as to continue to improve its income and profitability. set off the beginning of a new round of explosive growth.

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