Half Year 2023 Kingsoft Corp Ltd Earnings Call (Chinese, English) Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Xiaodan Zhang - China International Capital Corporation Limited, Research Division - Analyst : (foreign language) I have 2 questions here. My first question is on your gaming business. So on your flagship PC game, JX Online III, has achieved a remarkable growth in the second quarter. And could you explain in details what are the main drivers behind? And what is the outlook for its performance in the upcoming quarters? And my second question is on the OP margin. Since we have seen a significant sequential improvement in the operating profit margin this quarter, do we expect this improvement to be sustainable in the upcoming quarters?

Question: Linlin Yang - GF Securities (Hong Kong) Brokerage Limited, Research Division - Analyst : (foreign language) I have 2 questions. The first question is about the game. With the strong revenue performance in working this quarter, so I want to ask about the game pipeline. And could you give us some guidance about game business? The second question is about the expense. We saw expenses were relatively stable in the past 4 quarters, leading to the decrease of expenses ratio. So how to expect this [future] change?

Question: Linlin Yang - GF Securities (Hong Kong) Brokerage Limited, Research Division - Analyst : (foreign language) I have a follow-up question. So could you share us some of your consideration about the cash plan such as improve the buyback or dividends.