Last Friday, Beijing Enlight Media, the studio behind the hit Chinese movie Ne Zha, announced the establishment of a gaming division focused on developing AAA titles. The company posted revenue of RMB 2.975 billion ($410 million) in the first quarter of 2025, marking a 177.87% year-on-year increase. Net profit attributable to shareholders reached RMB 2.016 billion ($278 million), up 374.79% compared to the same period last year. As of today, Ne Zha 2, which was released in China on January 29, has achieved a cumulative box office total of RMB 15.302 billion ($2.11 billion). [Securities Daily, in Chinese]Related