Storywiz exports 6 types to Kwai Khan, the No. 1 platform Chinese webtoon market, which is a major customer under the age of 25 Kakao Nahon Rep ranked first overall in May of last year In the Chinese webtoon market, where there was a strong preference for their own works, Korean webtoons are expanding their position thanks to the response of Chinas MZ generation (millennials + generation Z). According to the related industry on the 16th, StoryWiz, a company specializing in webtoons and web novels, has recently launched ��Princess, Blooms as a Crazy Flower�� and ��Nice Flower,�� which are scheduled to be released in the second quarter of this year, with Qaiquan Manga and Billy Billy, the first and second largest webtoon platforms in China. I signed a contract to distribute six new webtoons, including I dont have a sister. As a self-produced work since it was spun off from KT, it is meaningful that it is the first export result. Kakao Entertainment is the most aggressive in China. Kakao Entertainments representative work is the popular domestic webtoon Level Up Alone based on a web novel of the same name, which took first place in Kwai Khan in May of last year. Domestic webtoon-specialized companies such as Lezhin Comics and Daewon Media are also steadily supplying works. It is difficult to enter the platform directly because the Chinese authorities are strongly checking overseas content through measures such as the Korean government. The Chinese webtoon market, which is centered on paid services, is rapidly growing led by MZ generation customers in the country. In the case of Kwai Khan, it has more than 340 million subscribers as of 2021 and has 50 million monthly active users. The main customer age group is also younger than 25 years old. Artwork trends in China and Korea are similar. Among the Korean works in Kwai Khan, the top-ranked works are Level Up Alone (Fantasy Martial Arts), I Became a Princess One Day (Soonjeong), and Level Up with the Gods (Modern Fantasy). A popular work. Korean companies seeking to advance into the global market are also paying attention to the Chinese webtoon market. It is for this reason that OneStorega, a domestic application (app) market operator, made a 40 billion won equity investment in Chinas Kwai Khan together with Tencent last year for the purpose of mutual content exchange. As the approval of Korean drama broadcasting continues in China, expectations are rising for the end of the Korean War. An official from the webtoon industry pointed out that although the unit price for each work varies widely, the contract price for Chinese works continues to rise, and a positive atmosphere is expected, such as a mood to lift the Korean War.