Kunlun Tech

Kunlun Tech (昆仑万维) is a Chinese internet technology company headquartered in Beijing. It was founded in 2008 by Zhou Yahui and listed on the Shenzhen Stock Exchange's ChiNext board under the ticker 300418. The company began as an online game developer and publisher, building a portfolio of web and mobile games for both domestic and overseas markets, and later expanded into internet platform businesses, most notably the Opera web browser after acquiring the Opera Software consumer business. Over time Kunlun Tech has positioned itself as a globally oriented internet group, with operations spanning game publishing, browser and information-distribution products, social and entertainment applications, and overseas internet services. Its revenue base is unusually international for a Chinese internet company, with a large share of users and income coming from markets outside China. In the 2020s the company pivoted heavily toward artificial intelligence, developing and releasing large language models and AI-generated content tools under its own brands, and promoting an "all-in AI" strategy. It has also invested in AI music, AI search, and AI social products, aiming to combine its overseas distribution strength with generative AI capabilities. Kunlun Tech is a publicly traded company and remains an active player in China's internet and AI sectors, though it is smaller and less consumer-visible than the country's platform giants. Its brand identity rests on a combination of gaming heritage, global internet products, and an aggressive AI research and product agenda.

Kunlun Tech was founded in 2008 by Zhou Yahui as an online game company. In its early years it focused on web games and later mobile games, building a publishing and development business that reached users in China and, increasingly, overseas. This international orientation became a defining trait of the company. A major turning point came with the acquisition of the consumer browser business of Norway's Opera Software, which gave Kunlun Tech control of the Opera brand and a large global user base for browser and information-distribution products. The company subsequently operated Opera as a core platform asset, alongside its gaming and other internet services. Kunlun Tech listed on the Shenzhen Stock Exchange's ChiNext board, giving it access to public capital markets and enabling further acquisitions and investments in internet and entertainment assets. In the 2020s the company repositioned around artificial intelligence. It announced an AI-focused strategy, developed large language models, and launched AI-generated content products including AI music and AI search tools. These efforts were intended to leverage its overseas distribution channels and to diversify beyond games and browsers. The company remains headquartered in Beijing and continues to operate as a publicly listed, globally oriented internet and AI group.

• 2023

  Announced an AI-focused strategy and released large language models and AI content products.

• 2016

  Acquired the consumer browser business of Opera Software, gaining the Opera brand.

• 2015

  Listed on the Shenzhen Stock Exchange ChiNext board (ticker 300418).

• 2008

  Kunlun Tech founded by Zhou Yahui in Beijing.

A globally oriented Chinese internet group combining game publishing, browser platforms, and generative AI products.

• Opera browser

  Global web browser and information-distribution platform.

• Online games

  Web and mobile games published for domestic and overseas markets.

• Kunlun AI large language models

  Generative AI models developed under the company's AI strategy.

• AI music and AI search tools

  AI-generated content applications for music and search.

• 2026-10-15

  Kunlun Wanwei launches Matrix-Game 4.0 video-model game and open-sources it[2]昆仑万维发布Matrix-Game 4.0视频大模型游戏并同步开源163.com

  Reported: 2026-10-15

  On 2026-10-15, Kunlun Wanwei officially released Matrix-Game 4.0, described as the world's first video-generation-model game running on a single consumer graphics card (NVIDIA RTX 5090), delivering 480p at 60 FPS with end-to-end latency under 150 ms, and simultaneously open-sourced the project, providing reusable technical foundations and modifiable game code to researchers, developers and creators.

• 2026-08-20

  Kunlun Wanwei releases 2026 half-year report with revenue up 43.55% and net profit turnaround[3]昆仑万维发布2026年半年报，营收增长43.55%，净利润扭亏ai.zol.com.cn

  Reported: 2026-08-20

  Kunlun Wanwei Technology Co., Ltd. released its 2026 half-year report on August 20, 2026, reporting revenue of 5.359 billion yuan, up 43.55% year on year, and net profit attributable to shareholders of 1.088 billion yuan, a turnaround from a loss of 856 million yuan a year earlier. Overseas revenue reached 5.203 billion yuan, up 51.21%, and the company said its Tiangong AI business revenue rose quarter by quarter.

• 2020-07-01

  Kunlun Tech terminates planned sale of Leyun Micro Loan[4]昆仑万维终止转让乐云小贷股权finance.sina.com.cn

  Reported: 2020-07-03

  Kunlun Tech announced that it had terminated the transfer of its equity in Leyun Micro Loan, citing regulatory approval issues.

• 2020-05-19

  Leyantech announces RMB 150 million C1 funding round[5]乐言科技宣布完成1.5亿元人民币 C1 轮融资tech.sina.com.cn

  Reported: 2020-05-19

  On May 19, Leyantech announced that it had secured RMB 150 million in C1-round funding, led by Blue Lake Capital and Zhongding Capital, with Kunlun Wanwei and existing investors also participating.

• 2020-04-26

  Kunlun Tech reports 2019 results[6]昆仑万维发布2019年年度报告finance.sina.com.cn

  Reported: 2020-04-27

  Kunlun Tech published its 2019 annual report, reporting revenue of 3.688 billion yuan and net profit attributable to listed-company shareholders of 1.295 billion yuan.

• 2020-04-14

  Kunlun Wanwei elects Wang Liwei as board chair[7]昆仑万维选举王立伟为董事长finance.sina.com.cn

  Reported: 2020-04-14

  Kunlun Wanwei’s board elected CEO Wang Liwei as chairperson after Zhou Yahui submitted his resignation from the chair position; Zhou remained a director.

• 2020-04-13

  Kunlun Tech chairman steps down and successor takes over[6]昆仑万维发布2019年年度报告finance.sina.com.cn

  Reported: 2020-04-27

  Kunlun Tech chairman Zhou Yahui resigned on April 13 and Wang Liwei took over the role.

1. 1Kunlun Tech official websitekunlun.com
2. 2昆仑万维发布Matrix-Game 4.0视频大模型游戏并同步开源163.com
3. 3昆仑万维发布2026年半年报，营收增长43.55%，净利润扭亏ai.zol.com.cn
4. 4昆仑万维终止转让乐云小贷股权finance.sina.com.cn
5. 5乐言科技宣布完成1.5亿元人民币 C1 轮融资tech.sina.com.cn
6. 6昆仑万维发布2019年年度报告finance.sina.com.cn
7. 7昆仑万维选举王立伟为董事长finance.sina.com.cn
8. 8昆仑万维披露上半年财报 净利36.75亿元超业绩预报上限finance.sina.com.cn
9. 9昆仑万维去年净利12.95亿元同比增28.73%，周亚辉辞去董事长扶持新项目OPayeeo.com.cn
10. 10游戏业务没落创始人辞职 昆仑万维未来存疑tech.sina.com.cn