- Business
- Shifeng Cultural Development Co., Ltd. engages in the research, development, design, production, and sale of a wide range of toys and cultural products primarily in China and internationally. Its core product offerings include electric remote control toys, infant toys, car model toys, anime and game derivative toys, smart toys with AI and multi-modal interaction features, and other trendy IP-licensed toy products. The company integrates popular cultural IPs such as Pokémon, Egg Party, Slither.io, Super Wings, Milk Dragon, and SpongeBob SquarePants to expand its product matrix, covering trendy toy categories that cater to various consumer groups. Additionally, Shifeng develops online video games and owns a diversified portfolio incorporating digital cultural and creative software. It also operates subsidiaries including SUNFUN (HK) International Co., Ltd. focusing on international trade and Shifeng (Shenzhen) Internet Technology Limited for cultural industry development in China. Founded in 1992 and headquartered in Shantou, China, Shifeng employs over 1,000 staff and covers more than 40,000 square meters.
Recent major developments include Shifeng's strategic expansion into AI-driven smart toy products emphasizing emotional companionship and interactive features, aligning with industry trends towards intelligent toys. The company has further bolstered its intellectual property portfolio by acquiring official licensing rights for globally recognized brands such as SpongeBob SquarePants. In 2024 and 2025, it established a new subsidiary, Shifeng Interactive Entertainment (Changsha) Network Technology Co., Ltd., focusing on internet gaming services, AI application software development, digital cultural software, and anime game development. Shifeng also actively pursues new energy sector opportunities through Guangdong Shifeng Electric Charging Technology Co., Ltd., targeting electric vehicle charging solutions alongside its core toy business. The company recently implemented employee stock ownership plans and reported a significant increase in revenues and net income during 2024 and the first half of 2025, reflecting a successful balance of innovation, IP licensing, and market expansion.
Overall, Shifeng Cultural Development Co., Ltd. operates at the intersection of toy manufacturing and digital cultural innovation, leveraging a robust product lineup across traditional and smart toys, popular IP licensing, online gaming development, and expanding into AI and new energy sectors while maintaining a strong presence in domestic and international markets. It is recognized for pioneering a dual "online games, offline toys" development and marketing model and has won numerous industry honors and patents supporting its cultural and technological leadership in the toy and leisure product sector.