Wemade Max said its development direction and plans to push ahead with key projects will not change in connection with the change in Wemade's largest shareholder.
On July 1, Son Myeon-seok (손면석), CEO of Wemade Max, said in an internal letter to employees that governance changes at the level of the parent company's largest shareholder are significant for the company. He added that what Wemade Max has to do will not change and that it will take on a more important role within the group.
The letter came after news of the change in Wemade's largest shareholder heightened employees' interest in possible future changes at the company. Son said several procedures remain until the deal closes and that various interpretations could emerge during the process. He stressed, however, that the development and service roles the company has handled will be maintained.
Son cited development capability and execution strength as the basis for the view. He said the company has competed on the back of development and execution even amid market changes, and that the development capabilities and service experience built up in the process are strengths that are not easily shaken by shifts in the external environment. On that basis, the company plans to continue stable operation of games currently in service and development of major new titles as scheduled. Son said, "Not only is stable operation of games currently in service under way, development of major new titles is also proceeding without a hitch as planned," adding, "There is no change in the company's development direction."
The company views the governance change as part of Wemade Group's global growth strategy entering a new phase. Wemade Max plans to continue serving as a core development organization executing the group's strategy, based on competitiveness in new-title development and live services. The company said it believes the role of a development organization that can deliver results in the market must underpin the group's growth strategy for it to translate into actual outcomes.
News delivered the previous day that 'Night Crows' had received a publishing license in China also aligns with that direction. Son said, "The China market strategy we have prepared for a long time is being realized one by one," adding, "I expect this flow will gradually lead to global results." The company also expects a positive momentum to continue for future global launches of upcoming titles as its China market entry strategy has taken shape with the license approval.
Wemade Max plans to continue its role as a core development organization by running live services while developing next projects in parallel. The company said it will roll out key projects such as 'Night CrowsW', 'Mir 5' and 'Project Tal' without a hitch.
Son said, "In the end, the market highly values good games, and users choose highly complete content," adding, "Wemade Max will stay the course unwaveringly toward the goal of becoming a game developer recognized in the global market."