Summary by Moomoo AI
ZX Inc. announced its annual results for the year ended December 31, 2023. The company continues to focus on the marketing and operation of online games for the Chinese market, especially mobile games. In 2023, the company successfully launched 69 new games, operates more than 350 game products with 489.3 million registered users. Despite market competition, the company's gross margin remained stable in the self-owned model, and the gross margin under the combined mode increased. In addition, the company's revenue from other marketing businesses grew significantly and developed its own consumer brand in the new consumer scene. The company's top five gaming product revenue share declined, reflecting the company's reduced reliance on a single game and actively broadening its game portfolio...Show More