Gelonghui on September 25th | Zhongxu Future (9890.HK) continued to rise during the trading session, with a sudden increase of over 45%, reaching HK$7.35. On the news front, htsc pointed out that the total revenue of the domestic game market in August 2024 was 33.64 billion yuan, a year-on-year increase of 15.1% and a month-on-month increase of 21.01%. The game sector is gradually moving out of the bottoming phase, with changes at the margin including: new product expectations supporting EPS upside potential; positive media coverage of domestic games, supporting continued valuation repair. The launch of new products by leading game companies in the second half of 2024 and 2025 is expected to contribute substantial performance elasticity. Zhongxu Future released its interim results last month, with total revenue reaching 3.225 billion yuan, accumulated registered users exceeding 600 million, average revenue per paying user at 476.8 yuan, monthly active users at 10.2 million, and monthly paying users at 1.1 million. The previously launched 'Douluo Continent: Shrek Academy' and 'Beast Lord: Shanghai New World' have been recognized in the MMORPG and SLG categories, respectively, achieving top positions on relevant rankings on the launch day, bringing new growth opportunities for the company.