S-GAME: The Studio Developing Phantom Blade Zero
Published 2024-09-03Updated 2026-09-174 min read
Phantom Blade Zero is developed and self-published by S-GAME (Beijing Lingyoufang) — makers of the Rainblood series and Phantom Blade mobile line.

Phantom Blade Zero is developed and published by S-GAME — the international name of Beijing Lingyoufang Software Technology. The studio both builds and controls the game, an unusual and deliberately guarded position for a project of this scale in China.
What S-GAME is known for
The team's catalog is a single unbroken wuxia lineage:
- Rainblood: Town of Death and Rainblood 2: Ye City — the indie single-player RPGs that built the studio's reputation
- Rainblood: Mirage — the prequel that refined the formula
- Phantom Blade 1-3 — the mobile era that took the brand worldwide and funded the studio's growth
Phantom Blade Zero is the tenth chapter of that story and a deliberate homecoming: the team has described a decade of building toward returning to premium single-player with everything it learned.
How the project is backed
Development ran on outside investment alongside the studio's own funds — Tencent holds a minority stake among three reported backers, though the studio remains independent (details in investors and backers). Platform relationships added reach without ownership: Sony featured the reveal on a PlayStation Showcase and later gave the game a dedicated State of Play.
The person at the center
Director Soulframe Liang founded the studio and has been the project's public voice — from the 2017-era planning documents to the recording-booth photos as the game went gold. Read the full story in who makes Phantom Blade Zero.