Tanwan

Tanwan develops game products for global players, supported by precision digital marketing, in-depth operations, and brand development.

Tanwan develops game products for global players, supported by precision digital marketing, in-depth operations, and brand development.

Tanwan reports a **67.2% profit decline** due to weaker investment gains and mature domestic games, while overseas revenue rises **12.2%**. The company leverages AI deployment and a strong game pipeline to support future growth. Domestic market challenges contrast with expanding international sales.

Aug 2026TradingViewNews article

Tanwan Inc., a major Chinese online game publisher, raises **HK$468 million** through convertible bonds maturing in 2027. The transaction, advised by Kirkland & Ellis, completes on **January 8, 2026**, with Deutsche Bank AG serving as the placing agent. The issuance follows an announcement on **December 18, 2025**, marking a significant capital infusion for the company.

Jan 2026kirkland.comNews article

Tanwan Inc. rebrands from its previous identity as ZX Inc. The company finalizes the transition amid updates to its corporate identity and public listings. The move reflects a strategic shift in branding and market positioning.

Aug 2025MarketScreener IndiaNews article

ZX Inc. reports a net profit of 600–700 million yuan ($84–100 million) for H1 2025, reversing a 385 million yuan loss in the same period last year. The company also rebrands as **Tanwan**, marking a strategic shift in its online gaming publishing operations.

Jul 2025Bamboo WorksNews article