Black Myth: Wukong's Development Cost Exceeds 300 Million Yuan, Tax Incentives Boost Game Development

Black Myth: Wukong's Development Cost Exceeds 300 Million Yuan, Tax Incentives Boost Game Development

Black Myth: Wukong's Development Cost Exceeds 300 Million Yuan, Tax Incentives Boost Game Development

The Chief Financial Officer of Hangzhou Game Science & Technology Co., Ltd., the developer of "Black Myth: Wukong," revealed that the company received over 28 million yuan in research and development expense deductions in 2023. It is reported that the total development cost of "Black Myth: Wukong" has exceeded 300 million yuan, with an hourly development cost as high as 15 to 20 million yuan. To help Game Science timely and accurately enjoy tax incentives, the Hangzhou Municipal Taxation Bureau has established a long-term communication mechanism with the company, providing precise guidance on topics such as applying for high-tech enterprises and standardizing the collection of R&D expenses.

"Black Myth: Wukong" is an action role-playing game developed by Hangzhou Game Science & Technology Co., Ltd. in China. Its stunning visuals, rich storyline, and innovative gameplay have garnered high praise from players. Developed using Unreal Engine 4, the game boasts graphics comparable to console games with smooth and natural action design and a satisfying combat experience. "Black Myth: Wukong" also incorporates elements from Chinese mythology, adding unique puzzle-solving and exploration gameplay, offering players a brand new gaming experience.

Game producer Feng Ji has previously stated that the "Black Myth: Wukong" development team is large, with significant manpower and financial resources invested. The team strives for perfection and constantly refines game details to deliver a high-quality gaming experience. According to the latest data released by market research firm VGInsights in September, "Black Myth: Wukong" has achieved sales of 20.9 million copies on the Steam platform, generating over 1 billion USD in revenue.

In addition to Steam, the game will also be released on platforms such as WeGame, PS consoles, and Epic. Some institutions predict that "Black Myth: Wukong" could achieve annual sales of 30 to 40 million copies, generating revenue of 10 to 14 billion yuan.

The success of "Black Myth: Wukong" not only showcases the advancement of Chinese game development capabilities but also injects new vitality into China's game industry. The game's global popularity has not only driven the prosperity of China's game market but also enhanced the international influence of Chinese games.

It is worth mentioning that the Hangzhou Municipal Taxation Bureau actively supports and promotes the development of the game industry, providing enterprises with precise tax incentive policies and services, creating a favorable environment for game industry development. It is believed that through the joint efforts of the government and enterprises, China's game industry will usher in a brighter future.

Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])