BEATS

On April 30th, 2021, XD Inc. (02400. HK) released its annual report for 2020, along with the Chairman & CEO Huang Yimeng’s Letter to Investors.

2021 marks the 4th anniversary of the open world MMORPG Ragnarok Mobile: Eternal Love, and soon it will witness the release of Version 2.0 of the title. Developed by Xd, the new version will come with more improved updates, creating even more disruptive and adventurous experiences for Ragnarok fans.

On Aug 8, 2020, Sausage Man celebrated its three-year anniversary. Ever since we started to work with Xiamen So Funny Technology Co., Ltd. (So Funny in short) on this game, we have been confronted with not only doubts from within the industry, but also opportunities and challenges never seen before. The doubts were mainly about So Funny, which was a small team based in Xiamen and never had a go at creating shooting games before. People were skeptical about whether it could pull off making a 3D shooter that stands out in the fiercely competitive battle royale market. The opportunities came from TapTap, as Sausage Man is released exclusively on this platform. TapTap allowed the development team to iterate Sausage Man in the long run, which is almost unprecedented and rarely seen in China’s game industry. Meanwhile, we also invested tons of resources to support the project.

On July 29, 2020, TapTap Workshop 2020 was held in Lujiazui. In his keynote speech on "TapTap's Plans and Prospects for 2020", Mr. Huang Yimeng, Xd’s CEO, introduced a series of major upgrades and plans for TapTap’s 2B and 2C businesses, and reiterated Xd’s dedication to fulfilling its original aspiration and improving the gaming ecosystem.