Zhongshouyou will incur a loss of 1.48B yuan in 2025, with the number of employees reduced from 710 to just 260.

Ask AI · Behind Zhong手游’s massive loss, why did the Xianjian World fail to meet expectations?

IT Home March 30 news, Zhong手游 Technology Group Co., Ltd. on March 29 released its audited full-year results announcement for the year ended December 31, 2025:

• The company’s total revenue was 1.39 billion yuan, down 28.0% year over year;
• Loss for the year amounted to RMB 1.48B. After adjustments, the net loss narrowed from the previous year’s 2.08B yuan to 1.47B yuan. Although the loss narrowed, it still falls in the range of a massive loss. The announcement also notes that starting in the second half of the year, Zhong手游’s operating performance had seen a significant improvement;
• Gross profit was 457 million yuan, and the gross margin increased to 32.9%;
• Basic and diluted loss per share was 0.49 yuan. After adjustments, the loss per share was the same as the basic loss per share.

IT Home noted that by the end of 2025, Zhong手游’s full-time employees had been significantly reduced from 710 last year to about 260, and research and development costs also fell sharply, from 244 million yuan, down 44.2% to 136 million yuan.

Zhong手游 said 2025 was a year of major challenges for the group. After the large cross-platform game “Xianjian World,” which the group spent more than three years developing independently, was launched in February 2025, its revenue failed to meet expectations. During the reporting period, it caused substantial losses to the group’s production and operations.

Zhong手游 made optimization and adjustment to the personnel of the R&D and publishing team for the game “Xianjian World,” and research and development costs declined significantly.