Shanghai MiHoYo Wudinggu Technology Co., Ltd. has officially been launched, naming Yu Chenxi as its legal representative and boasting a registered capital of RMB 500 million. The company's business portfolio is diverse, encompassing software development, animation and game creation, digital cultural and creative software solutions, as well as the development of artificial intelligence application software. This new venture is a wholly-owned subsidiary of Shanghai MiHoYo Network Technology Co., Ltd.