miHoYo is a Chinese company that develops and publishes video games. Beyond games, they have diversified into creating animated series, novels, comics, music, and merchandise.
In 2010, the future miHoYo team created the "Misato Engine" (or "Misato2D") using Adobe Flash Player. They used an upgraded version of the engine to develop "Legend of Saha," winning a cash prize at the China Game Developers Conference (CGDC) and securing a project with Shanda Games.
miHoYo studio was established in January 2011 by three students in a university dormitory at their campus (D32).
miHoYo released its first game, "FlyMe2theMoon," on the App Store in September 2011. The game, inspired by the ending theme song of the anime Neon Genesis Evangelion, was a puzzle game developed using Cocos2D and Box2D.
Inspired by the game "Zombie Town" and the anime "Highschool of the Dead," miHoYo began developing "Houkai Gakuen" (also known as "Zombiegal Kawaii") in December 2011, marking their first game project since the company's official founding.
Shanghai miHoYo Network Technology Co., Ltd., was officially established in February 2012. Cai Haoyu became the chairman, general manager, controlling shareholder, and actual controller of the company.
The first version of "Houkai Gakuen" was finished in November 2012, after approximately 11 months of development. The game utilized the Unity engine and Autodesk Maya software.
miHoYo launched "Houkai Gakuen 2" (also known as "Guns Girl Z"), an arcade action game, in June 2013.
Public testing for "Houkai Gakuen 2" began on January 26, 2014. The game was subsequently released on the Bilibili platform in March of the same year.
The development of "Honkai Impact 3rd" began in June 2014. Cai Haoyu confirmed the project's existence during the GameLook Game Open Day conference in Shanghai in July, mentioning that the core gameplay was under development.
In March 2015, miHoYo commenced development on the engines that would power "Honkai Impact 3rd," creating a physics-based animation system and developing technologies for 3D modeling, light mapping, real-time rendering, and pre-rendering.
Content creation for "Honkai Impact 3rd" began in October 2015, with the development team drawing inspiration from game series such as "Bayonetta," "Devil May Cry," and "Guilty Gear."
"Honkai Impact 3rd" entered its internal iOS beta testing phase in March 2016.
Honkai Impact 3rd was launched in September 2016 and achieved considerable success, prompting miHoYo to contemplate their next project.
Development for Genshin Impact, initially titled "崩坏4" ("Honkai 4th"), began in January 2017, aiming to enhance miHoYo's research and development capabilities.
In February 2017, miHoYo filed for an initial public offering (IPO) with the China Securities Regulatory Commission. The company aimed to raise over a billion Yuan.
"Honkai Impact 3rd" was released in South Korea on October 17, 2017, further solidifying its popularity in Asia.
On November 1, 2017, "Honkai Impact 3rd" was launched in Southeast Asia, marking another step in its global expansion.
Throughout 2017, miHoYo explored the concept of creating an open-world game, inspired by their experiences with popular titles in the genre.
"Honkai Impact 3rd" was released in North America and Europe on March 28, 2018, expanding its availability to a wider global audience.
miHoYo launched its official gamer community, Miyoushe (also known as miHoYo BBS), in November 2018. The platform serves as a hub for official game information, event peripherals, practical tools for players, and a content creation space.
Genshin Impact underwent its first phase of beta testing in June 2019, focusing on the game's core mechanics and the Mondstadt region.
The first promotional video (PV) for miHoYo's adventure visual novel game, Tears of Themis, was released in July 2019.
After initially being a mobile-exclusive title, "Honkai Impact 3rd" was made available on PC on December 26, 2019, allowing a wider audience to experience the game.
By mid-2019, the Genshin Impact development team grew to 300 people as miHoYo grappled with the complexities of open-world game development.
miHoYo and its game, Honkai Impact 3rd, were previously recognized as key contributors to national cultural export in 2019.
In January 2020, miHoYo launched its global forum counterpart to miHoYo BBS, initially named "miHoYo Forums." The platform served as the official forum for Genshin Impact.
By April 2020, the Genshin Impact development team had expanded to 500 people, highlighting the ambitious scope of the project.
On April 30, 2020, miHoYo introduced Miyouji, the mascot for their Chinese forums. Miyouji boasts various themed costumes inspired by miHoYo's games.
On May 14, 2020, the bilibili account "VAN0va" uploaded Lumi's first dance video, "N0va LookDev Test," without initially revealing its connection to miHoYo.
Tears of Themis officially launched in July 2020 after a period of pre-registration.
miHoYo officially introduced Lumi, a virtual actress and YouTuber, on August 4, 2020, alongside the release of the "N0va Desktop" dynamic wallpaper software.
Genshin Impact officially launched in September 2020 after several rounds of beta testing and anticipation from gamers.
In September 2020, miHoYo began a strategic partnership with Zhangjiajie to promote cultural tourism in the city using Genshin Impact.
In November 2020, miHoYo and the China Social Welfare Foundation launched the "Yiqi Shouhu" charity program to support children with autism.
After its PC release in August 2020, the N0va Desktop app, featuring Lumi, was released for Android devices in December 2020.
In 2020, miHoYo withdrew its IPO application for unknown reasons.
The development team for Genshin Impact continued to expand and reached 700 people by February 2021.
In March 2021, miHoYo partnered with Ruijin Hospital to create the miHoYo Joint Laboratory of Encephalopathy Center, also known as the Ruijin-miHoYo Laboratory, to research brain-computer interface technology.
A closed beta test for the international version of Tears of Themis took place in April and May 2021, followed by the opening of pre-registration in June.
miHoYo set up its Communist Youth League Committee in May 2021 to involve young individuals in the company's growth and to support the promotion of traditional Chinese culture.
The HoYoLAB app, a rebranded version of miHoYo Forums, started its closed beta testing in June 2021.
On July 12, 2021, miHoYo and the China Youth Development Foundation launched the Xinhuo Charity Program to support youth education.
On July 23, 2021, miHoYo delivered disaster relief supplies to Xinmi County in Henan Province to help those affected by heavy flooding.
In August 2021, miHoYo, alongside Genshin Impact, was recognized as a "Key National Cultural Export Enterprise" and "Key National Cultural Export Project", respectively, for 2021-2022.
In September 2021, miHoYo's Shanghai branch was promoted from a party branch to a party committee under the CCP.
Honkai: Star Rail was first announced on social media on October 5, 2021, and began its "Origin Test" phase on October 8.
Energy Singularity was established in 2021 in Shanghai, China.
In 2021, miHoYo's Genshin Impact, an open-world action role-playing game, achieved significant commercial success, becoming one of the highest-grossing mobile games of the year.
During Shanghai's COVID-19 lockdown in February 2022, miHoYo purchased and donated supplies to local communities and a makeshift hospital. The company also provided food, epidemic prevention supplies, and mental health counseling services to employees.
In May 2022, miHoYo participated in a funding round for Oriental Space Technology (Shandong) Co., Ltd., securing CNY 400 million for the development of aerospace technology, including a launch vehicle and a reusable rocket engine.
On May 13, 2022, Zenless Zone Zero's first trailer was released, and pre-registration and closed beta recruitment opened.
Lumi's first live stream on bilibili took place on July 15, 2022. The stream achieved immediate success, topping the platform's popularity charts and attracting 6.6 million viewers in half an hour.
On July 18, 2022, HoYoverse announced the opening of its new headquarters in Jurong East, Singapore, which would also serve as the international business headquarters for The miHoYo Group.
miHoYo held its inaugural trade union congress on July 8, 2022, with the goal of protecting employee rights and fostering high-quality development for both the company and the gaming industry.
On August 15, 2022, miHoYo released a video detailing the completed construction of Tongzi Primary School's new building from the first phase of the Xinhuo Charity Program. The second phase also involved constructing facilities for the student and staff dormitory at Bazha Village Central Primary School in Qinghai Province, expected to be completed in the second half of 2022.
On August 5, 2022, Zenless Zone Zero held its first closed beta test, called the "Tuning Test."
miHoYo was awarded the ISO/IEC 27001 and ISO/IEC 27701 information security certifications by the BSI in August 2022.
Following a thorough assessment, including rigorous on-site inspections, miHoYo announced in October 2022 that they had successfully met the criteria for the ISO/IEC 27001 and ISO/IEC 27701 certifications.
In November 2022, Shanghai miHoYo Yingtie Technology Co., Ltd. was named one of the Top Ten Cultural Enterprises, co-founder Liu Wei was recognized as one of the Top Ten People of the Year, and Genshin Impact was celebrated as one of the Top Ten Cultural Brands of Shanghai.
In November 2022, miHoYo collaborated with the Taofen Foundation to launch the "Yuejian Weiming" charity project, which involved donating over 37,000 books worth 2 million Yuan to primary schools in Yunnan Province.
Guangming Daily and Economic Daily included Shanghai miHoYo Network Technology Co., Ltd. in their "Top 30 National Cultural Enterprises" list in December 2022, recognizing miHoYo as a leading example of a technology-driven enterprise thriving under Shanghai's innovation and entrepreneurship policies.
At the 2022 China Game Industry Annual Conference, miHoYo and Genshin Impact received nominations for several awards, including recognition for their global reach and outstanding mobile gaming experience.
In August 2021, miHoYo, alongside Genshin Impact, was recognized as a "Key National Cultural Export Enterprise" and "Key National Cultural Export Project", respectively, for 2021-2022.
Tears of Themis received the Pocket Gamer People's Choice Award in 2022.
miHoYo, along with NIO Capital, co-led the first round of funding for Energy Singularity in early 2022.
During the 2022 China Game Industry Annual Conference in February 2023, miHoYo was acknowledged as one of the Top Ten "Going Global" Game Enterprises and Genshin Impact was celebrated as one of the Top Ten Outstanding Mobile Games.
On February 10, 2023, Honkai: Star Rail entered its "Jump Test" phase for PC, Android, and iOS platforms.
On April 26, 2023, Honkai: Star Rail officially launched.
In September 2023, miHoYo's board of directors passed a resolution to replace Cai Haoyu as the legal representative and chairman with Liu Wei. Cai Haoyu then moved to North America to pursue interests in large language models.
On October 11, 2023, Honkai: Star Rail was ported to the Playstation 5 console.
On November 24, 2023, Zenless Zone Zero held its second closed beta test, called the "Equalizing Test."
Oriental Space Technology, with funding from miHoYo and others, plans to launch its rocket in mid-2023.
Starting in 2023, some advertisements and occasions for HoYoverse products, such as Honkai Impact 3rd, began mentioning miHoYo or referring to both brands together.
Energy Singularity plans to have its experimental tokamak device operational by 2024, using the funds secured in its first funding round.
Zenless Zone Zero is planned to launch globally in 2024 for PC, mobile, and PS5 platforms.
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