NetDragon wins the “Education Innovation & Technology - Rising Star Award” at the “2025 Hong Kong Sustainable Development Innovation and Technology Awards” inrecognition of its “Integrated Digital Education Solutions.” The awards are organized by the World Institute of Sustainable Development Planners (WISDP), sponsored by the Innovation and Techno...


Recently, the Ministry of Industry and Information Technology released the "2024 Excellent Typical Cases for Innovative Development in Future Industries Public Announcement", among which, NETDRAGON is selected as a leading enterprise in innovative development for future industries in 2024, becoming the only Fujian enterprise selected in the field of "future information."In addition, NETDRAGON's "Metaverse Intelligent Education Platform" and "Exhibition Metaverse Platform" projects have also been selected as part of the first batch of typical application scenarios for future industries in Fujian Province.
The Ministry of Industry and Information Technology announces that NETDRAGON has received the "Leading Enterprise" award.
In January 2024, the Ministry of Industry and Information Technology, along with six other departments, issued the "Implementation Opinions on Promoting Innovation and Development of Future Industries," which proposed the establishment of a future industry observatory to accurately identify and cultivate high-potential future industries using technologies such as artificial intelligence and advanced computing. Vigorously developing future industries is a strategic choice to lead technological progress, drive industrial upgrades, and cultivate new quality productivity. The 2025 government work report further proposed to "establish a mechanism for growth in future industry investment."
"The 2024 Outstanding Typical Cases of Innovation and Development in Future Industries" list strictly follows the deployment requirements of the Ministry of Industry and Information Technology and other departments as outlined in the "Implementation Opinions on Promoting Innovation and Development of Future Industries," focusing on six major directions including future manufacturing and future information, aiming to select a number of exemplary cases at the national level that can fully demonstrate and lead as benchmarks.
As a leading enterprise in the field of "future information,"NETDRAGON relies on cutting-edge technologies such as VR/AR, AI, and big data to construct content resources, tool solutions, platform channels...
The Ministry of Industry and Information Technology announces that NETDRAGON has received the "Leading Enterprise" award.
In January 2024, the Ministry of Industry and Information Technology, along with six other departments, issued the "Implementation Opinions on Promoting Innovation and Development of Future Industries," which proposed the establishment of a future industry observatory to accurately identify and cultivate high-potential future industries using technologies such as artificial intelligence and advanced computing. Vigorously developing future industries is a strategic choice to lead technological progress, drive industrial upgrades, and cultivate new quality productivity. The 2025 government work report further proposed to "establish a mechanism for growth in future industry investment."
"The 2024 Outstanding Typical Cases of Innovation and Development in Future Industries" list strictly follows the deployment requirements of the Ministry of Industry and Information Technology and other departments as outlined in the "Implementation Opinions on Promoting Innovation and Development of Future Industries," focusing on six major directions including future manufacturing and future information, aiming to select a number of exemplary cases at the national level that can fully demonstrate and lead as benchmarks.
As a leading enterprise in the field of "future information,"NETDRAGON relies on cutting-edge technologies such as VR/AR, AI, and big data to construct content resources, tool solutions, platform channels...
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NetDragon’s flagship game Eudemons Online has partnered with the Xishuangbanna Tropical Rainforest Conservation Foundation to launch the “Toward the Future: Asian Elephant Rescue Action” campaign. The initiative is being rolled out in conjunction with the upcomingin-gameevent“Eudemon Era: Oath of Guardians”on June 25.
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[Hong Kong, June 4, 2025] NETDRAGON, a global leader in Internet Community creation ("NETDRAGON" or "the Company," HKEX stock code: 777), is pleased to announce that Dr. Liu Dejian, the company's founder and chairman, was invited to attend a high-level expert group meeting at the United Nations headquarters in New York from June 3 to 4, where he discussed topics related to establishing an Online University for STEM education in Least Developed Countries (LDCs) with senior UN officials and industry experts. As a distinguished guest, Dr. Liu delivered a keynote speech at the opening ceremony, proposing to promote educational equity and quality enhancement in LDCs through the "AI + education" model, sharing many explorations and successful experiences of NETDRAGON in the AI + education field, which received enthusiastic responses and high praise from attendees.
In response to the topics of concern at the meeting, Dr. Liu proposed the STEM "On-Demand Learning" framework and three major initiatives: a UN-led initiative to encourage global developers to collaboratively build an open-source tool framework, a call for the global sharing of standardized STEM tutorials and case studies, and a recommendation for major companies providing STEM employment opportunities worldwide to participate deeply. The new framework proposed by Dr. Liu aims to break down complex tasks into clear steps, each step containing connections...
In response to the topics of concern at the meeting, Dr. Liu proposed the STEM "On-Demand Learning" framework and three major initiatives: a UN-led initiative to encourage global developers to collaboratively build an open-source tool framework, a call for the global sharing of standardized STEM tutorials and case studies, and a recommendation for major companies providing STEM employment opportunities worldwide to participate deeply. The new framework proposed by Dr. Liu aims to break down complex tasks into clear steps, each step containing connections...
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[Hong Kong, May 22, 2025] NETDRAGON, a global leading creator of Internet Communities ("NETDRAGON" or "the Company", HKEX stock code: 0777), is pleased to announce that the AI education platform "MHESI Skill" has officially launched, developed in collaboration with the Ministry of Higher Education and Scientific Research of Thailand ("MHESI").www.mhesi-skill.org) Recently, MHESI launched the "EV Ready+" talent training program for the electric vehicle (EV) industry, providing officially certified training courses for the Thai public through the "MHESI Skill" platform, enabling learners to acquire practical skills to enhance employment prospects and opportunities related to electric vehicles.
The "MHESI Skill" platform will offer a series of training courses on electric vehicle technology, with the first two foundational courses being "Fundamental Technology of Electric Vehicles" and "Electric Vehicle Maintenance." Three advanced courses will be introduced subsequently, covering "Electric Vehicle System Design and Development," "Electric Vehicle Infrastructure and Charging Systems," and "Electric Vehicle Business Management." All courses are offered free of charge to the public, and participants will receive an official electronic certification issued by MHESI upon course completion.
The "EV Ready+" course adopts a blended learning model of "online + offline"...
The "MHESI Skill" platform will offer a series of training courses on electric vehicle technology, with the first two foundational courses being "Fundamental Technology of Electric Vehicles" and "Electric Vehicle Maintenance." Three advanced courses will be introduced subsequently, covering "Electric Vehicle System Design and Development," "Electric Vehicle Infrastructure and Charging Systems," and "Electric Vehicle Business Management." All courses are offered free of charge to the public, and participants will receive an official electronic certification issued by MHESI upon course completion.
The "EV Ready+" course adopts a blended learning model of "online + offline"...
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[Hong Kong, May 7, 2025] NETDRAGON Network Holding Limited, a global leader in creating Internet Communities ("NETDRAGON" or "the Company," HKEX stock code: 0777), is pleased to announce that the 8th Digital China Construction Summit was grandly held in Fuzhou, Fujian Province, where NETDRAGON has actively participated for eight consecutive years, showcasing the latest achievements under the two strategies of "AI + gaming" and "AI + Education." NETDRAGON actively responds to the national strategy call of "Digital China" and continues to empower the gaming, cultural tourism, and Education industries with AI, contributing to the high-quality development of the national digital economy.
At this Digital Summit, NETDRAGON showcased a series of innovative digital cultural tourism projects demonstrating the deep integration of Technology and culture. Among them, the "Fantasy Riding Wuyi · Roaming Jiuqu" VR horse riding machine project utilizes cutting-edge digital scanning technology, Drone collection, 3D modeling, and Unreal Engine technology to replicate natural wonders such as the Jiuqu Stream and Wang Feng in Wuyi Mountains, allowing viewers to experience the scenery of the ancient tea road through VR devices immersively. This project is also one of the first outcomes of NETDRAGON's special initiative "Digital Mountains and Seas · New Life in Fujian Tourism - Gaming Empowering Fujian Cultural Tourism" jointly launched with institutions such as the Xinhua News Agency's News Information Center. Meanwhile, NETDRAGON's original Fujian "Fu" cultural IP "Fu Bao" and NETDRAGON's digital human rotating CEO Tang Yu appeared together as "AI Tourism Promoters," recommending Fujian tourist attractions and unique culture through real-time interactive Q&A sessions. This series of displays reflects NETDRAGON's profound exploration in fields such as AI-driven content generation and gamified interactive experiences, broadening the dimensions of NETDRAGON's gaming cultural expressions while achieving synergistic value addition in "gaming + cultural tourism."
At this Digital Summit, NETDRAGON showcased a series of innovative digital cultural tourism projects demonstrating the deep integration of Technology and culture. Among them, the "Fantasy Riding Wuyi · Roaming Jiuqu" VR horse riding machine project utilizes cutting-edge digital scanning technology, Drone collection, 3D modeling, and Unreal Engine technology to replicate natural wonders such as the Jiuqu Stream and Wang Feng in Wuyi Mountains, allowing viewers to experience the scenery of the ancient tea road through VR devices immersively. This project is also one of the first outcomes of NETDRAGON's special initiative "Digital Mountains and Seas · New Life in Fujian Tourism - Gaming Empowering Fujian Cultural Tourism" jointly launched with institutions such as the Xinhua News Agency's News Information Center. Meanwhile, NETDRAGON's original Fujian "Fu" cultural IP "Fu Bao" and NETDRAGON's digital human rotating CEO Tang Yu appeared together as "AI Tourism Promoters," recommending Fujian tourist attractions and unique culture through real-time interactive Q&A sessions. This series of displays reflects NETDRAGON's profound exploration in fields such as AI-driven content generation and gamified interactive experiences, broadening the dimensions of NETDRAGON's gaming cultural expressions while achieving synergistic value addition in "gaming + cultural tourism."
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Due to copyright issues, the following is a summary of the Research Reports for reference only.
NETDRAGON | 777 HK
Investment rating: Buy.
Target Price: 16 HKD
The company announced its full-year performance for 2024, recording revenue and Net income of 6.05 billion and 0.31 billion yuan, respectively. The decline in revenue is mainly due to proactive adjustments in the gaming business and the IFPD market still being in a transitional period. Looking ahead to 2025, we expect the company's gaming business to still face slight pressure from strategic adjustments in the first half, but it is expected to achieve better cost control through the AI+ strategy, with full-year operating profit likely to remain flat. The Mynd.AI business may face some short-term pressure due to uncertainties in overseas Education information technology expenditures, but in the long run, it is expected to recover growth under the trend of increasing global penetration of Education information technology. Maintain a Buy rating.
The company's revenue and pre-tax profit in 2024 are projected to decline by 14.8% and increase by 19.1%, respectively.The company announced its full-year performance for 2024, recording revenue and Net income of 6.05 billion and 0.31 billion yuan, respectively. The decline in revenue is mainly due to proactive adjustments in the gaming business and the IFPD market still being in a transitional period, while the decline in Net income is mainly due to the impact of one-time non-cash deferred income tax expenses (approximately 0.45 billion yuan). Excluding this impact, the company's Net income grew by 17.4% year-on-year. In terms of profitability, the company's full-year gross margin is 65.2%, a year-on-year increase of 3.3 percentage points; the ratios of selling, administrative, and R&D expenses are 12.5%, 19.3%, and 20.1%, respectively.
NETDRAGON | 777 HK
Investment rating: Buy.
Target Price: 16 HKD
The company announced its full-year performance for 2024, recording revenue and Net income of 6.05 billion and 0.31 billion yuan, respectively. The decline in revenue is mainly due to proactive adjustments in the gaming business and the IFPD market still being in a transitional period. Looking ahead to 2025, we expect the company's gaming business to still face slight pressure from strategic adjustments in the first half, but it is expected to achieve better cost control through the AI+ strategy, with full-year operating profit likely to remain flat. The Mynd.AI business may face some short-term pressure due to uncertainties in overseas Education information technology expenditures, but in the long run, it is expected to recover growth under the trend of increasing global penetration of Education information technology. Maintain a Buy rating.
The company's revenue and pre-tax profit in 2024 are projected to decline by 14.8% and increase by 19.1%, respectively.The company announced its full-year performance for 2024, recording revenue and Net income of 6.05 billion and 0.31 billion yuan, respectively. The decline in revenue is mainly due to proactive adjustments in the gaming business and the IFPD market still being in a transitional period, while the decline in Net income is mainly due to the impact of one-time non-cash deferred income tax expenses (approximately 0.45 billion yuan). Excluding this impact, the company's Net income grew by 17.4% year-on-year. In terms of profitability, the company's full-year gross margin is 65.2%, a year-on-year increase of 3.3 percentage points; the ratios of selling, administrative, and R&D expenses are 12.5%, 19.3%, and 20.1%, respectively.
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Pre-tax profit increased by 19% year-on-year and the final dividend was raised by 25% to HKD 0.5 per share.
[Hong Kong, March 26, 2025] NETDRAGON Network Holding Limited, a global leader in Internet Community creation ("NETDRAGON" or "the Company"; HKEX stock code: 0777), today announced its financial performance for the full year of 2024. NETDRAGON management will hold a performance briefing via conference call and online live broadcast at 10:00 AM Hong Kong time on March 27, 2025, to discuss financial performance and recent Business developments.
Dr. Liu Dejian, Chairman of NETDRAGON, stated: "In 2024, global artificial intelligence (AI) technology continues to evolve, with breakthroughs in AI large models, and AI applications are rapidly penetrating various industries, triggering profound transformations. We are in line with this trend and have further undertaken multiple strategic initiatives to capture the opportunities brought by the AI wave, establishing a dual-core Business strategy of 'AI + gaming' and 'AI + Education', practicing the corporate philosophy of 'unlimited growth'."
In terms of gaming, the latest AI tools have been fully introduced, greatly enhancing production efficiency and content quality, while actively exploring "AI-native" games. The core IP, Magic Domain, has undergone a series of optimizations and upgrades, further solidifying ecological balance and significantly improving player experience, laying a solid foundation for the sustainable growth of this evergreen IP. In the field of Education, we successfully won the bid for the "National Smart Education Public Service Platform Upgrade Project" in July, continuing to promote the role of AI in education.
[Hong Kong, March 26, 2025] NETDRAGON Network Holding Limited, a global leader in Internet Community creation ("NETDRAGON" or "the Company"; HKEX stock code: 0777), today announced its financial performance for the full year of 2024. NETDRAGON management will hold a performance briefing via conference call and online live broadcast at 10:00 AM Hong Kong time on March 27, 2025, to discuss financial performance and recent Business developments.
Dr. Liu Dejian, Chairman of NETDRAGON, stated: "In 2024, global artificial intelligence (AI) technology continues to evolve, with breakthroughs in AI large models, and AI applications are rapidly penetrating various industries, triggering profound transformations. We are in line with this trend and have further undertaken multiple strategic initiatives to capture the opportunities brought by the AI wave, establishing a dual-core Business strategy of 'AI + gaming' and 'AI + Education', practicing the corporate philosophy of 'unlimited growth'."
In terms of gaming, the latest AI tools have been fully introduced, greatly enhancing production efficiency and content quality, while actively exploring "AI-native" games. The core IP, Magic Domain, has undergone a series of optimizations and upgrades, further solidifying ecological balance and significantly improving player experience, laying a solid foundation for the sustainable growth of this evergreen IP. In the field of Education, we successfully won the bid for the "National Smart Education Public Service Platform Upgrade Project" in July, continuing to promote the role of AI in education.
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NETDRAGON collaborates with The Hong Kong Polytechnic University to promote educational technology innovation and enrich students' learning experience.
[Hong Kong, January 23, 2025] Global leading Internet community creator - NETDRAGON NETWORK HOLDINGS LIMITED ("NETDRAGON" or the "Company", stock code: 0777 on the Hong Kong Stock Exchange) is pleased to announce the signing of a cooperation memorandum with The Hong Kong Polytechnic University (PolyU), marking the formal establishment of a strategic partnership between the two parties. In the future, they will collaborate through developing a learning platform empowered by AI, conducting joint research and exchange activities, to promote the application of educational technology in global higher education and foster the cultivation of technology talents.
The cooperation memorandum is onProfessor Huang Guoxian, Vice President (Education) of PolyU、Professor Wan Haichung, Dean of the Faculty of Engineering、NETDRAGON Chief Financial Officer Mr. Ren Guoxi, as well asNETDRAGON Director of Compliance and Corporate Affairs and Company Secretary Mr. Liu KejianUnder the witness ofProfessor Zhong Zhiyong, Dean of the Department of Electrical Machinery and Electronics Engineering and Professor of Electrical Power System Engineering at Polytechnic University, as well asNETDRAGON Regional Business Development General Manager Ms. Zhao RuiThe representative signed.
According to the memorandum, PolyU and NETDRAGON will closely collaborate in three major areas, including jointly developing a learning platform empowered by AI for students in Hong Kong, as well as in other countries and regions globally, to enrich their learning experiences. Both parties will leverage their outstanding academic research strengths and rich industry practical experience to carry out joint research projects, providing the best practices for the innovative application of educational technology. In addition, they will cooperate to promote HKEX and global Stock.
[Hong Kong, January 23, 2025] Global leading Internet community creator - NETDRAGON NETWORK HOLDINGS LIMITED ("NETDRAGON" or the "Company", stock code: 0777 on the Hong Kong Stock Exchange) is pleased to announce the signing of a cooperation memorandum with The Hong Kong Polytechnic University (PolyU), marking the formal establishment of a strategic partnership between the two parties. In the future, they will collaborate through developing a learning platform empowered by AI, conducting joint research and exchange activities, to promote the application of educational technology in global higher education and foster the cultivation of technology talents.
The cooperation memorandum is onProfessor Huang Guoxian, Vice President (Education) of PolyU、Professor Wan Haichung, Dean of the Faculty of Engineering、NETDRAGON Chief Financial Officer Mr. Ren Guoxi, as well asNETDRAGON Director of Compliance and Corporate Affairs and Company Secretary Mr. Liu KejianUnder the witness ofProfessor Zhong Zhiyong, Dean of the Department of Electrical Machinery and Electronics Engineering and Professor of Electrical Power System Engineering at Polytechnic University, as well asNETDRAGON Regional Business Development General Manager Ms. Zhao RuiThe representative signed.
According to the memorandum, PolyU and NETDRAGON will closely collaborate in three major areas, including jointly developing a learning platform empowered by AI for students in Hong Kong, as well as in other countries and regions globally, to enrich their learning experiences. Both parties will leverage their outstanding academic research strengths and rich industry practical experience to carry out joint research projects, providing the best practices for the innovative application of educational technology. In addition, they will cooperate to promote HKEX and global Stock.
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