[Edaily Reporter Kwon Oh Seok ] VALOFE(331520)’s stock price is showing strength in early trading. It appears that buying interest is surging on news that the company has secured the capability to enter the Chinese market directly.

According to MP Doctor on the 6th, as of 9:28 a.m., VALOFE’s stock is trading at 1,869 won, up 5.77% from the previous trading day.
Earlier today, VALOFE issued a press release stating, “Leveraging our unrivaled business infrastructure in China—built up over more than 10 years—and our local development capabilities, we will accelerate the acquisition of Chinese publishing licenses for major titles and our expansion into the mainland market.” As the acquisition of Korean game IPs by Chinese capital has recently emerged as a major market trend, VALOFE’s ability to enter the Chinese market directly is expected to serve as a powerful growth catalyst.
The company explained, “We have developed our Shanghai-based subsidiary ‘MIRACLE TECHNOLOGY,’ established in 2010, into an elite core development hub with over 100 employees, rather than a mere branch office,” adding, “Through this, we have established an exclusive ‘in-house one-stop’ system capable of handling everything from foreign investment game license applications to the development of complex localized builds and real-time live services without outsourcing to third parties.”
Furthermore, the Shanghai subsidiary is leading the development of the action RPG “Kritika Online,” which is currently being prepared for release in Greater China, and is building content and systems optimized for the local service environment. Previous local tests conducted in Taiwan, Hong Kong, and Macau yielded positive user metrics—including a retention rate of approximately 64% the day after launch—validating the foundation for service operations. The company’s Chinese development team will also be responsible for future service development in China.
Based on these achievements, VALOFE expects to receive publishing licenses for major titles such as *Bless Unleashed* and *Black Squad* in the third quarter.