The golden year does not come again, it is difficult to make a day and then the morning, it is advisable to encourage yourself in time, and the years do not treat others. - Tao Qian

Time passed quickly, and in a blink of an eye, the smooth poplar trees were already flourishing again, the disturbing poplar catkins were gone, and the girls on the street began to show their long legs and small waists again.

In May, Guan Weidong's many trips to South Korea and island countries have begun to bear bumper fruits. In addition to successfully acquiring the South Korean game company Smile gate, Guan Weidong also acquired three other small and medium-sized game companies in South Korea.

The main revenue of Korn Glory Games now comes from the online game "Honor of Kings", and the revenue growth of other browser games is sluggish. For example, "Happy Farm", "Grab a Parking Space", and "Angry Birds" have even declined in revenue, although after continuous upgrades, the downward trend is not obvious, but after all, the income of web games is much lower than that of online games. Even the better-performing Plants vs. Zombies and Fishing Game have seen very limited revenue increases.

But now with Smile gate, there's CrossFire. After the acquisition, Jiang Hui injected capital and increased the development of the game, and the number of employees of Smile gate, which originally had only about 30 people, quickly increased to more than 50. Jiang Hui's goal is to increase the number of people to more than 100 this year, and at least 20 of them are from the Radiant Games. In this way, "CrossFire" has the opportunity to complete the development by the end of this year or the first half of next year, adding another cash cow to the Korn Ferry Group.

While Korn Ferry Games is expanding its scale through acquisitions, the development of its second self-developed online game, "Ray Speed", has also begun.

……

Shengda Games.

"Have you noticed? Korn Ferry Games has recently acquired several game companies in South Korea."

"It's all small companies that don't have a good reputation, so it shouldn't be a cause for concern."

"Although these companies are not good, Guanghui Games' move to vigorously enter the online game industry still needs to be taken seriously."

"I think Glorious Games takes itself a little too seriously, thinking that it will be invincible if it happens to launch a popular "Honor of Kings".

"Now everyone sees that online games are highly profitable, and they all want to make a profit. I've heard that even the coal bosses are investing in online games."

"Let them help expand the market, and then our company will occupy it."

……

The Ninth City.

"There is a grapevine that Korn Glory Games is working on a new online game."

"It's normal, what game company doesn't develop new products?"

But except for "Honor of Kings", the other products of Glory Games are browser games. Now it seems that they are determined to develop into the online game industry."

"Last year, Shengda Network and our company went public one after another, which is estimated to have stimulated many people. Recently, the investment in online games has been significantly stronger than before."

"I estimate that the profit margin of online games will be pulled down in the future, so many companies will flock to it, who knows if there will be any companies messing around."

"Now the market is very chaotic, I guess after a few years, there will not be too many companies that stay and live well."

……

Penguin Games.

"Recently, Korn Ferry Games has acquired a Korean game company and is developing new games. Mr. Jiang's vision has always been very powerful, and it seems that our game development speed is going to be accelerated."

"Yes, any field that Mr. Jiang values must be able to make a lot of money or have the opportunity to make a lot of money in the future."

"You're still a Jiang fan."

"Hehe, if Mr. Jiang is willing to point out to me, why should I be a Jiang fan."

But having said that, in the past two years, Mr. Jiang has indeed been like a hanger. Not to mention the creation of more than a dozen companies, the key is that more than a dozen are very successful."

"Not only that, people not only created their own companies, but also invested in our company and Du Niang with a sharp vision."

"Think about what I did when I was in college, there is no harm without comparison."

……

Although Glorious Games is not the most famous in the online game industry of the Celestial Empire, "Glory of Kings" is so fierce that it has attracted major online game companies to pay attention to Glorious Games' every move, and some companies even arrange personnel to stare at the official Weibo of Glorious Games to understand the dynamics of Glorious Games in real time.

Profit of one billion per month, although Guanghui Games did not announce the specific revenue of "Honor of Kings", but from the trading of those props and the popularity of the game, various companies can roughly calculate the income of "Glory of Kings". That number is definitely envious, jealous and hateful, and I wish that all this money was earned by my own company.

According to the financial report, Shengda Network's revenue in the fourth quarter of 2004 was US$54.7 million and net profit was US$28 million, and in 2004, the revenue was US$162.5 million and the net profit was US$73.6 million. Even with the rapid increase in the first quarter of 2005, the revenue was about 60 million, and the net profit was less than 30 million.

The ninth city was even lower, with net revenue of about $1 million in the fourth quarter of last year, up 0.6% from the previous quarter. For the whole of 2004, the net revenue of the ninth city was about $4.2 million, an increase of 111.9 per cent over 2003, but the total was still relatively low.

In terms of the company's profits, Glorious Games is already the NO.1 of the Celestial Empire, but it has not been announced to the public.

Of course, the high profit of Glorious Games is also relative, compared with the time when penguins in later generations earned one or two hundred million a day, the growth space of Glorious Games is still very huge.

"I said Jiang Hui, you really use Glorious Games as an ATM now, and you come to withdraw money to other companies every month," Bai Xuejiao said angrily.

"Haha, isn't it my daughter-in-law who makes a lot of money, I'll help spend it," Jiang Hui said with a smile.

"Hmph, punish you for cooking yourself tonight," Bai Xue said.

"No problem," Jiang Hui said.

Speaking of which, although the two of them often stay in the house in Bauhinia Garden, Jiang Hui really doesn't cook much, and most of the time they either socialize or eat outside.

"The focus of Radiance Games has now shifted to online games, aren't we developing new products for browser games?" Bai Xue asked.

"It's not that we don't develop new products, it's just that the company has limited manpower, and it is already useless to maintain the current web game and develop some replacement products. If the engineers below have a good idea, let's think about mobilizing people to make a web game," Jiang said.

"It's okay, anyway, the company's profit source now mainly depends on online games, and it's not wrong to increase investment in this area," Bai Xue said.

"It's going to be hard for you this year, and it's estimated that there are a lot of things to coordinate with developing and operating three online games at the same time," Jiang Hui said.

"It's okay, I think it's a fulfilling life," Bai Xue said.

(End of chapter)