Girls' Frontline 2 has barely been live for a month, and the parent company Sunborn Network (散爆网络) is already dealing with some truly suffocating rumors. According to well-known NGA community leaker "小队长" (Xiao Duizhang / "Squad Leader"), Sunborn chairman Yuzhong (羽中) has been desperately pitching to investors — and getting rejected left and right. Both the Shanghai and Shenzhen capital circles have reportedly blacklisted him. Even more alarming: whispers of a "bet agreement" (对赌协议, a common VC deal structure in China where founders face harsh penalties if targets aren't met). If true, GFL2's situation is far more dire than players imagined.
The community is completely split on whether to believe this. One player dismissed it outright: "They just held a company year-end party — if the company was really that broke, could they afford that? My own company hasn't had one in five years." The implication being that their own workplace is in worse shape, so clearly Sunborn can't be on the verge of collapse.
But another player immediately hit back: "That's called putting on a brave face." Yuzhong is famously pride-obsessed, and the company is packed with his relatives and inner circle. He'd bankroll the party out of his own pocket if he had to. This resonated with many in the thread, given Sunborn's reputation as a family-run operation.
The discussion quickly shifted from investment rumors to Sunborn's internal financial structure. Supposed insiders revealed that the company is divided into three teams: Team 1, Team 2, and Team 3. Team 2 handles GFL2 and is reportedly "dead" — essentially a money black hole. Teams 1 and 3 are barely breaking even, but as one commenter put it: "The revenue from Teams 1 and 3 isn't even enough to pay Team 2's bonuses." Translation: GFL2 isn't just failing to make money — it's actively cannibalizing the rest of the company.
As for GFL2's quality, players are absolutely ruthless. "The Girls' Frontline IP is toxic at this point, and the game itself is visibly a half-baked product — a mute game in 2024. What investor would be dumb enough to throw money at this?" The "mute game" jab refers to the severe lack of voice acting, which is basically unacceptable for a premium gacha title in 2024.
The marketing spend discussion was even more brutal. Players noted that GFL2 launched with a massive promotional blitz, but "one month of revenue absolutely cannot cover the marketing costs." If accurate, this means Sunborn hasn't just failed to recoup development expenses — they're bleeding money on promotion alone.
Other comments ranged from sarcastic to resigned: "They can still throw parties and phone in the story content, no rush" — a jab at Sunborn's apparent strategy of just dragging things out. Another player shrugged: "In this market environment, what investor would be crazy enough to bite?" — blaming the broader industry downturn.
Of course, none of this has been officially confirmed. The reliability of "小队长" as a source is also debated within the community. But what's undeniable is that GFL2's disastrous reception since launch has made Sunborn's situation exponentially worse. Whether Yuzhong's next move is heading to Guangzhou or Beijing to keep begging for cash — or just throwing in the towel entirely — only time will tell.
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