XD INC (02400) announced its full-year financial results for the fiscal year ended December 31, 2025. The group reported revenue of 57.64 billion yuan, representing a 15% year-on-year increase. Profit attributable to shareholders reached 15.35 billion yuan, up 89.2% compared to the previous year. Net profit was 16.57 billion yuan, marking a significant 86% increase. Throughout 2025, the company achieved sustained year-on-year growth in both revenue and profit.

The company has laid a foundation for long-term business growth by further integrating AI technology and acquiring the intellectual property for the Torchlight game series. Within its gaming business, titles such as *Ragnarok M: Classic*, *Heartopia*, and *Torchlight: Infinite* performed well, contributing to a 10.5% year-on-year increase in game business revenue. Both *Heartopia* and *Torchlight: Infinite* show potential to become long-lasting games, and the company plans to continue investing in research and development to attract a growing player base.

In its platform business, the company drove a 24.7% year-on-year increase in TapTap revenue by improving its core advertising algorithms and boosting user engagement. The launch of TapTap PC Edition, working alongside the mobile app, offers more convenient services to both players and developers. In early 2026, the company also began invitation testing for TapTap Maker, an AI-powered game creation agent designed to enable game enthusiasts to develop games with no technical barriers.

Paid games represent a distinct segment of the company's business, meeting user demand for high-quality premium titles and adding diversity to the TapTap ecosystem. In 2025, revenue from paid games grew 15.6% compared to 2024. Releases such as *Volcano Princess* and the mobile version of *Totally Accurate Battle Simulator* contributed to revenue and increased platform engagement. The company continues to advance its strategy of cross-platform publishing for paid games on both PC and mobile, leveraging its experience in premium game distribution to enrich the TapTap PC product ecosystem. Upcoming titles, including the mobile version of *Dave the Diver*, have also garnered significant attention on social media. In 2026, the company plans to introduce more high-quality games across PC and mobile platforms, further expanding its paid game portfolio.