Core Insights - China Ruyi has successfully entered the FTSE China Large Cap Index, marking a significant recognition of its investment value by international capital [1] - This inclusion is expected to attract broader capital attention, potentially triggering passive fund allocations such as index funds, which may enhance liquidity and valuation levels [1] Financial Performance - In the first half of the year, China Ruyi reported strong overall operating performance, with revenue reaching 2.206 billion yuan, a year-on-year increase of 20% [1] - The net profit amounted to 1.228 billion yuan, indicating a turnaround from previous losses [1] Business Segments - The core gaming business brand "Jingxiu" achieved a revenue growth of 40% year-on-year in the first half of the year, showcasing the advantages of the company's industrial layout and collaborative driving of its core segments [1]

Core Viewpoint - The inclusion of China Ruyi in the FTSE China Large Cap Index signifies international capital recognition of its investment value, which is expected to further enhance its value release [1][2]. Group 1: Benefits of Index Inclusion - Inclusion in the FTSE China Large Cap Index brings substantial benefits such as increased liquidity and valuation levels [2]. - FTSE Russell is a leader in the global index industry, with approximately $20 trillion in assets benchmarked to its indices, making it a significant indicator for global investors [2]. - The characteristics of the FTSE China Large Cap Index, which focuses on industry leaders, provide strong endorsement of China Ruyi's market position and competitive strength [3][4]. Group 2: Underlying Logic of Inclusion - The selection for the FTSE China Index reflects the company's "value creation capability" and "growth certainty," with newly included stocks showing strong performance in 2023 [5]. - China Ruyi reported strong financial performance in the first half of the year, achieving revenue of 2.206 billion yuan, a year-on-year increase of 20%, and a net profit of 1.228 billion yuan, marking a turnaround from losses [5][6]. - The company's core segments are driving growth, showcasing its ability to open up revenue and profit growth spaces [6]. Group 3: Business Performance Highlights - In content production, China Ruyi adheres to a premium strategy, producing high-quality content while expanding its audience reach [7]. - The company maintained a leading position in the film industry, with notable box office successes from films like "The Murderer 3" and "Love You, Love You Not" [7]. - In the gaming sector, the core brand "JINGXIU" achieved revenue of 1.21 billion yuan, a 40% year-on-year increase, contributing significantly to overall performance [10]. Group 4: Innovation and Technology Integration - China Ruyi is leveraging AI technology across its operations to enhance efficiency and product experience, exemplified by advancements in gaming through computer vision and motion transfer algorithms [13][14]. - The integration of AI is becoming a core productivity driver for the company, potentially enhancing its competitive edge and accelerating profit release [14]. - The overall industry is experiencing a recovery, supported by favorable policies, which allows China Ruyi to maximize its multi-engine growth capabilities [14].

Group 1 - The core viewpoint of the article highlights that China Ruoyi (00136) has seen a stock price increase of over 3%, currently trading at 2.99 HKD, with a trading volume of 14.72 million HKD [1] - FTSE Russell recently updated its semi-annual adjustment list for the FTSE Global Equity Index Series, and China Ruoyi has been included in the FTSE China Large Cap Index, which consists of companies with large market capitalization, high liquidity, and industry leaders [1] - Tianfeng Securities predicts a steady recovery in the film industry by 2025, suggesting that leading film companies like China Ruoyi will enhance their competitive advantages and market share, supported by the orderly launch of gaming projects and the growth of streaming services [1] Group 2 - In the first half of 2025, China Ruoyi's content production revenue reached 570 million CNY, a significant year-on-year increase of 1085%, primarily driven by the strong box office performance of several key films [1] - The company ranks among the top in the industry in terms of both the number of films produced and box office results, with a robust pipeline of upcoming projects including "You Have a Cloud Like You," "We Live in Nanjing," and several collaborations with Light Chaser Animation [1] - The gradual release of these upcoming projects is expected to contribute positively to the company's content production business performance [1]

Group 1 - The core viewpoint is that China Ruyi (00136) has seen a stock price increase of over 3%, currently at 2.99 HKD, with a trading volume of 14.72 million HKD, following its inclusion in the FTSE China Large Cap Index due to its market capitalization and liquidity [1] - The FTSE Russell Index recently updated its semi-annual adjustment list for the FTSE Global Equity Index Series, which included China Ruyi as a leading enterprise in the film industry [1] - Tianfeng Securities predicts a steady recovery in the film industry by 2025, which will enhance the competitive advantage and market share of quality film leaders like China Ruyi, alongside the orderly launch of gaming projects contributing to performance elasticity [1] Group 2 - In the first half of 2025, China Ruyi's content production business revenue reached 570 million CNY, a significant increase of 1085% year-on-year, primarily driven by the excellent box office performance of several major films [1] - The company ranks among the top in the industry in terms of the number of films produced and box office results, with a strong pipeline of projects including "You Have a Cloud Like You," "We Live in Nanjing," and others [1] - The gradual release of these reserve projects is expected to contribute to the company's performance growth in the content production sector [1]

Core Viewpoint - FTSE Russell has updated its semi-annual adjustment list for the FTSE Global Equity Index Series in September, including China Ruyi (00136) in the FTSE China Large Cap Index, which consists of large market capitalization, high liquidity, and industry-leading companies [1] Group 1 - Inclusion in international indices typically leads to broader capital attention and liquidity premium [1] - With the allocation of passive funds such as index funds, the company is expected to attract more incremental capital, enhancing trading activity and providing more support for its stock price [1] - The endorsement from FTSE Russell will increase the company's visibility and credibility in the global market, laying the foundation for attracting quality capital and expanding partnerships, thus aiding in the release of long-term value [1]

Core Viewpoint - FTSE Russell has updated its semi-annual adjustment list for the FTSE Global Equity Index Series in September, with China Ruyi (00136) being included in the FTSE China Large Cap Index, which consists of large market capitalization, high liquidity, and industry-leading companies [1] Group 1 - Inclusion in international indices typically leads to broader capital attention and liquidity premium [1] - With the addition of passive capital allocation such as index funds, the company is expected to receive more incremental funds, enhancing trading activity and providing more support for its stock price [1] - FTSE Russell's endorsement will increase the company's visibility and credibility in the global market, laying the foundation for attracting quality capital and expanding partnerships, thus aiding in long-term value release [1]

Core Viewpoint - The recent semi-annual adjustment of the FTSE Global Equity Index Series has included several Hong Kong stocks, indicating a shift in market dynamics and highlighting the performance of certain sectors, particularly gold and biopharmaceuticals [1][2][3]. Group 1: Index Adjustments - Chifeng Jilong Gold Mining (06693) and Laopuhuang Gold (06181) have been included in the FTSE China Large Cap Index for the first time, while 11 Hong Kong stocks, including SF Express (09699) and SOTY Technology (02498), have been added to the FTSE China Small Cap Index [1][2]. - The FTSE Global Equity Index Series categorizes stocks into four market capitalization tiers based on free float market capitalization, which excludes strategic holdings and locked shares [1]. Group 2: Market Performance - The newly included stocks have shown significant price increases this year, with Chifeng Jilong Gold rising over 120% and Laopuhuang Gold increasing by over 200%, reflecting strong sector performance [3]. - The biopharmaceutical sector has also seen substantial growth, with companies like Rongchang Bio (09995) and Sanofi (01530) experiencing stock price increases of nearly 670% and a market capitalization exceeding 77 billion HKD, respectively [3][5]. Group 3: Company Highlights - Chifeng Jilong Gold focuses on gold mining and resource recovery, reporting a net profit of 1.107 billion RMB in the first half of 2025, a year-on-year increase of 55.79% [4]. - Laopuhuang Gold, which went public on June 28, 2024, has seen its stock price surge by 204.65% this year, making it the highest-priced stock in the Hong Kong market [4]. - SF Express, as the largest third-party instant delivery platform in China, has seen steady growth in market capitalization and liquidity since its listing in December 2021, with a target price of 20 HKD set by Daiwa [4]. - Sanofi has gained attention due to a significant business development deal with Pfizer, leading to a market capitalization of 77 billion HKD [5]. - Fourth Paradigm (06682) has received positive outlooks from multiple brokerages, with target prices raised due to its strong position in the AI sector [6].

Core Viewpoint - China Ruyi (00136) is experiencing a significant stock price increase, attributed to strategic acquisitions and investments aimed at enhancing its gaming and entertainment capabilities [1] Company Summary - China Ruyi's stock rose over 6% towards the end of trading, with a current price of 2.89 HKD and a trading volume of 418 million HKD [1] - The company plans to acquire 100% of ByteDance's Youai Interactive, 30% of Tencent's Yonghang Technology, and 30% of Kuaiqian, while also investing in 52Toys, which will strengthen its self-developed and publishing capabilities in gaming [1] - The acquisitions will help China Ruyi form new growth drivers and strategically position itself in emerging sectors such as IP derivatives, cross-border payments, and digital RMB [1] Industry Summary - The film industry is expected to recover steadily by 2025, enhancing the competitive advantage and market share of quality film leaders [1] - The orderly launch of gaming projects is anticipated to contribute to performance elasticity, while the streaming service, Pumpkin Film, is expected to generate incremental revenue in the film channel [1] - AI technology is projected to reduce costs and improve efficiency in the film industry [1] - Revenue projections for China Ruyi are estimated at 4.84 billion CNY and 5.89 billion CNY for 2025 and 2026, respectively, with year-on-year growth rates of 32% and 22% [1] - Net profit forecasts for the same years are 1.64 billion CNY and 2.03 billion CNY [1]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of China Ruyi (00136), which rose over 6% towards the end of trading, with a current price of 2.89 HKD and a trading volume of 418 million HKD [1] - Guohai Securities reports that China Ruyi will acquire 100% of the shares of Youai Interactive Entertainment, a subsidiary of ByteDance, and 30% of shares from both Yonghang Technology, a Tencent subsidiary, and Kuaiqian, along with an investment in 52Toys, enhancing its game self-research and publishing capabilities [1] - The strategic acquisitions are expected to create new growth drivers for the company, focusing on IP derivatives, cross-border payments, and digital RMB, which are considered blue ocean markets [1] Group 2 - Tianfeng Securities indicates that the film industry is expected to recover steadily by 2025, which will enhance the competitive advantages and market share of quality film leaders [1] - The orderly launch of game projects is anticipated to contribute to performance elasticity, while the streaming service, Pumpkin Film, is expected to generate additional revenue from the film channel [1] - AI in film production is projected to reduce costs and increase efficiency, with revenue forecasts for China Ruyi at 4.84 billion and 5.89 billion CNY for 2025 and 2026 respectively, representing year-on-year growth rates of 32% and 22% [1]

China Ruyi Holdings Limited 中國儒意控股有限公司 （於百慕達註冊成立之有限公司） （股份代號：136） 於本公司網站登載公司通訊之通知 代表 中國儒意控股有限公司 董事長 柯利明 謹啟 二零二五年九月十八日 附件 附註： 公司通訊指由本公司發出或將予發出以供本公司證券持有人參照或採取行動之任何文件，其中 包括但不限於年報、中期報告、會議通告、上市文件、通函及代表委任表格。 致本公司證券之非登記持有人： 中國儒意控股有限公司（「本公司」）現謹通知 閣下，本公司之下述文件（「近期公司通訊」）之 英文及中文本，現已登載於本公司網站http://www.ryholdings.com（「本公司網站」）及香港聯合 交易所有限公司網站www.hkexnews.hk（「聯交所網站」）： 1. 截至二零二五年六月三十日止六個月之中期報告。 閣下可在本公司網站主頁「投資者關係」一欄選擇「中期報告」或在聯交所網站閱覽近期公司 通訊。 為了支援通過電郵進行電子通訊，建議非登記股東向代其持有股份的銀行、經紀、託管商或 代理人（統稱「中介機構」）提供其有效的電郵地址。如本公司沒有收到 閣下的中介機構透過 香港 ...