FEIYU (01022) Subsidiary Enters Game Development Agreement with Tencent Computer

Stock News
09/12

FEIYU (01022) announced that on September 12, 2025, Xiamen FEIYU (an indirect wholly-owned subsidiary of the company) entered into a game development agreement with Tencent Computer. Under this agreement, Xiamen FEIYU has been commissioned by Tencent Computer to develop a mini-game based on the target intellectual property owned by Tencent Computer for an online game. The production fee payable by Tencent Computer to Xiamen FEIYU for developing this mini-game amounts to RMB 12.5 million.

According to the announcement, the game development agreement aligns with and forms part of the group's business strategy regarding mini-games. Being commissioned by Tencent to develop this mini-game will enable the company to understand the standard development processes of technology giants like Tencent, thereby enhancing the team's technical capabilities and expertise while accumulating and strengthening experience in mini-game development. Given Tencent Group's dominant position in China's mini-game market, the directors believe that developing this mini-game will help the company establish its industry reputation and foster long-term cooperation with Tencent.

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