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NetDragon Ranked as an Industry Leader

On November 8, the results of the "2024 Metaverse Most Promising Investment Value Watchlist," jointly initiated by the China Virtual Reality Technology and Industry Innovation Platform (CVRVT) and Caijing New Media, were officially announced.

NetDragon was successfully recognized as the "Industry Leader of the Year" for its outstanding performance and innovative spirit in the metaverse field. This honor not only acknowledges NetDragon's deep commitment to the metaverse but also highlights its future growth potential.

Metaverse Most Promising Investment Value Watchlist

As a well-known financial media platform in China, Caijing New Media has been dedicated to tracking and reporting on the development trends of emerging industries. CVRVT is an authoritative organization in the virtual reality field, boasting rich technical resources and industry expertise.

Since 2022, Caijing New Media and CVRVT have jointly organized the Metaverse Most Promising Investment Value Watchlist. The initiative aims to identify and honor outstanding companies in the metaverse sector that lead industry development, demonstrate innovation, and possess significant growth potential. It showcases the annual progress, outstanding projects, and technological innovations in the metaverse industry. By 2024, the event has been held for three consecutive years. Over these three years, the scale and influence of the watchlist have continued to grow, attracting increasing attention from investors, investment institutions, industry experts, and enterprises, making it a key indicator for the development of the metaverse industry.

Previously, NetDragon has demonstrated exceptional performance in various fields, including AR/VR hardware, intelligent technology, digital humans, and 3D engine creation software. Through technological innovation and product development, NetDragon has not only driven the growth of the metaverse industry but also contributed significantly to the digital economy.

As one of the pioneers in exploring the metaverse, NetDragon appointed its digital human, Tang Yu, as the company's first AI executive six years ago. In 2022, Tang Yu was further appointed as NetDragon's Rotating CEO, responsible for organizational management and strategic execution, garnering widespread attention from domestic and international media.

NetDragon's Rotating CEO Tang Yu interacting with employees

NetDragon's metaverse strategy focuses on three key areas: organizational transformation, spatial construction, and business layout. In terms of organizational transformation, NetDragon continues to transition traditional corporate structures into metaverse-based organizations, enabling employers and employees to collaborate without time or space constraints, fostering co-creation and shared value. In terms of spatial construction, NetDragon leverages its Digital Education Town to develop business segments such as digital education, digital tourism, and digital entertainment. In terms of business layout, NetDragon has made significant strides in combining metaverse with education, gaming, and social, accelerating the advancement of various metaverse-related businesses.

With the release of the "Three-Year Action Plan for the Innovative Development of the Metaverse Industry (2023-2025)" by the Ministry of Industry and Information Technology (MIIT) and four other departments, breakthroughs in metaverse technology, industry, applications, and governance are expected, positioning the metaverse as a key growth driver for the digital economy. In the future, NetDragon will actively respond to national policies, continue to increase R&D investment, and drive the high-quality development of the metaverse industry through technological innovation and product upgrades.