Increased capital by over 2.8 billion yuan: MiHoYo accelerates AI and cultural creative layout

The Qichacha App shows that recently, the registered capital of three subsidiaries of Shanghai Mihayou Network Technology Co., Ltd. (hereinafter referred to as “Mihayou”) has undergone significant changes.

Shanghai Mihayou Yuanwang Plan Technology Co., Ltd. (hereinafter referred to as “Yuanwang Plan”) and Shanghai Mihayou Wanzhong Yiti Technology Co., Ltd. (hereinafter referred to as “Wanzhong Yiti”) both increased their registered capital from 10 million yuan to 400 million yuan and 550 million yuan, respectively, with increases of 3900% and 5400%; Shanghai Lanzhi Shengfeng Technology Co., Ltd. (hereinafter referred to as “Lanzhi Shengfeng”) increased its registered capital from 150 million yuan to 2.05 billion yuan, with an increase of 1267%.

The three companies that increased their capital were all established in 2024 and are wholly owned by miHoYo, with Yu Chenxi as the legal representative.

MiHoYo is currently a leading company in the Chinese gaming industry, known for its games such as “Genshin Impact” and the “Honkai” series. The three subsidiaries involved in this capital increase have overlapping business scopes, covering software development, artificial intelligence applications, and digital cultural creation in various digital fields. Bluestone Shengfeng has also added non-residential real estate leasing and commercial complex management to its business.

The sharp increase in registered capital also sends a strong signal. The Yuanwang plan and Wanzhong Yiti received a massive capital increase just 4-5 months after their establishment, combined with the capital increase of Lanjishengfeng, the total registered capital of the three companies increased by approximately 2.83 billion yuan, highlighting the group’s commitment to investment in technology research and development and business expansion.

With giants like Tencent (00700) and NetEase (09999) continuing to invest in AI gaming technology, miHoYo is consolidating its technological barriers and expanding its digital cultural and creative derivative business through capital investments. miHoYo is transforming from a single game developer to a technology group driven by both “technology + content,” with increased funding potentially allocated for the research and development of underlying technologies such as artificial intelligence and the metaverse, supporting breakthroughs in AI-generated content and virtual reality engines, and providing a technological foundation for next-generation products.

Analysis indicates that miHoYo may strengthen AI technology research and development through the Horizon Plan and the Unity of All (such as NPC interaction algorithms and digital human engines), while Blue Smart Shengfeng may layout offline cultural tourism projects.

(Source: Caizhong News)

Source: Dongfang Caifu Wang

Author: Caizhong She