近日，游戏板块重心震荡上移。游族网络（002174.SZ）近几日股价涨幅居前，冰川网络（300533.SZ）、电魂网 络（603258.SH）、盛天网络（300494.SZ）等股票表现都很活跃。 去年，国内游戏市场实际销售收入和用户规模均出现增长，市场中的游戏产品也是五花八门，但是去年以来游戏 板块各家上市公司经营业绩表现不一，其中常见销售推广费用支出较大而影响经营业绩的现象，这也体现了行业 竞争的激烈。经过多年的发展，行业资源已经高度集中。 游族网络近期股价出现了较大幅度的上涨，在此之前大股东公告减持，"精准"踩中时间节点；近期股票交易较为 活跃的几家游戏上市公司各遇困境，但也各显特长。 大股东减持时机受关注 自今年4月初以来，游族网络股价从新低7.65元/股一路上涨，近日最高触及14.15元/股，区间涨幅达84.97%。 游族网络目前无控股股东及实际控制人。在股价上涨过程中，特别是在近期股价快速大幅拉升之前，游族网络的 第二大、第三大股东王卿伟、王卿泳兄弟（系一致行动人）在5月6日公告了股份减持计划。 他们计划在公告披露之日起15个交易日后的三个月内以集中竞价方式或大宗交易方式减持游族网络的股份合计不 超 ...

Group 1 - The esports sector saw a rise of 3.30%, ranking second among concept sectors, with 31 stocks increasing in value, including Youzu Interactive which hit the daily limit, and others like Thunder Tech and Tianjian Co., which rose by 9.80%, 8.14%, and 7.56% respectively [1][2] - The esports concept attracted a net inflow of 438 million yuan from main funds today, with 19 stocks receiving net inflows, and 8 stocks seeing inflows exceeding 30 million yuan. Youzu Interactive led with a net inflow of 109 million yuan, followed by Dihun Network, Shengtian Network, and Giant Network with inflows of 53.63 million yuan, 38.94 million yuan, and 37.25 million yuan respectively [2][3] - In terms of fund inflow ratios, Dihun Network, Youzu Interactive, and Shunwang Technology had the highest net inflow rates at 15.34%, 13.70%, and 10.44% respectively [3] Group 2 - The esports concept was among the top gainers today, with a notable performance compared to other sectors such as controlled nuclear fusion which rose by 5.14%, while sectors like generic drug consistency evaluation and innovative drugs saw declines of -1.55% and -1.53% respectively [2] - The trading volume and turnover rates for leading stocks in the esports sector were significant, with Youzu Interactive achieving a turnover rate of 6.93% and Dihun Network at 6.99% [3][4]

A股游戏板块走强，昆仑万维涨超4%，游族网络涨近3%，电魂网络、星辉娱乐等跟涨。 ...

证 券 研 究 报 告 电魂网络（603258）2024 年报及 2025 年一季报点评 推荐（维持） 业绩短期有所承压，后续重点关注《修仙时 代》等新游上线表现 事项： ❖ 发布 24Q4 和 25Q1 财报：业绩短期有所承压。24Q4 公司实现收入 1.38 亿元， YOY-19.8%，QOQ-2.0%；实现归母净利润-0.44 亿元；实现扣非归母净利润- 0.46 亿元。25Q1 公司实现收入 1.02 亿元，YOY-25.6%，QOQ-25.8%；实现归 母净利润 0.02 亿元；扣非归母净利润基本盈亏平衡。Q4、Q1 业绩均有所承 压。2024 年整体实现收入 5.5 亿元，YOY-19%；实现归母净利润 3058 万元； 实现扣非归母净利润 530 万元。 评论： [主要财务指标 ReportFinancialIndex] | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入(百万) | 550 | 1,025 | 1,278 | 1,433 | | 同比增速(%) | -18.7% | 86.1% ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating an expectation to outperform the benchmark index by 10%-20% over the next six months [6][16]. Core Insights - The company's short-term performance is under pressure, with a focus on the upcoming launch of new games such as "Xiu Xian Shi Dai" [1][7]. - The company reported a revenue of 138 million yuan in Q4 2024, a year-over-year decline of 19.8%, and a revenue of 102 million yuan in Q1 2025, down 25.6% year-over-year [1][3]. - The overall revenue for 2024 is projected at 550 million yuan, reflecting a 19% year-over-year decrease, with a net profit of 30.58 million yuan [1][3]. Financial Performance Summary - The company’s total revenue is expected to grow significantly in the coming years, with projections of 1.025 billion yuan in 2025, 1.278 billion yuan in 2026, and 1.433 billion yuan in 2027, representing year-over-year growth rates of 86.1%, 24.8%, and 12.1% respectively [3][8]. - The net profit is forecasted to rebound sharply, with estimates of 311 million yuan in 2025, 401 million yuan in 2026, and 454 million yuan in 2027, showing year-over-year growth rates of 918.6%, 28.7%, and 13.3% respectively [3][8]. - The earnings per share (EPS) is projected to increase from 0.13 yuan in 2024 to 1.86 yuan in 2027 [3][8]. Product and Market Insights - The company’s core products, including "Meng San Guo 2" and "Meng Ta Fang," have stable operations, with "Meng San Guo 2" having over 100 million registered users and being included in the Hangzhou Asian Games [7][8]. - The company has a rich pipeline of new products, including "Luo Xuan Yong Shi" and "Jiang Hu Ru Meng," which are expected to contribute to revenue growth [7][8]. - The upcoming game "Xiu Xian Shi Dai," which will be published by Tencent, is anticipated to provide significant revenue and profit elasticity [7][8].

浙江京衡律师事务所 关于杭州电魂网络科技股份有限公司 2024 年年度股东大会的 法律意见书 中国·杭州·杭大路黄龙世纪广场 C 区九层 9F.C Area Of Huanglong Century Plaza.Hangda Road .Hangzhou.China 电话（Tel）：(0571) 28006970 传真（Fax）：(0571)87901646 浙江京衡律师事务所 法律意见书 浙江京衡律师事务所 关于杭州电魂网络科技股份有限公司 2024 年年度股东大会的 法律意见书 致：杭州电魂网络科技股份有限公司 1 浙江京衡律师事务所 法律意见书 意见。 本所同意将本法律意见书作为公司本次股东大会的公告材料，随其他需公告 的信息一起向公众披露。除此之外，未经本所同意，本法律意见书不得用于其他 任何目的或用途。 本所律师根据现行有效的中国法律、法规及中国证监会的相关规章、规范性 文件要求，按照律师行业公认的业务标准、道德规范和勤勉尽责精神，出具法律 意见如下： 一、本次股东大会的召集、召开程序 浙江京衡律师事务所（以下简称"本所"）接受杭州电魂网络科技股份有限 公司（以下简称"公司"）的委托，根据《中华人民 ...

证券代码：603258 证券简称：电魂网络 公告编号：2025-017 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 16 日 (二)股东大会召开的地点：杭州市滨江区西兴街道滨安路 435 号公司会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 120 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 102,485,609 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 41.9108 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 杭州电魂网络科技股份有限公司 2024年年度股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 本次会议由公司董事会召集，董事长胡建平先生主持。本次会议的召集、召 开及表决方式均符合《公司法》及《公司章程》的有关规定。 (五)公司 ...

Investment Rating - The report maintains a "Buy" rating for the media industry [6][21]. Core Insights - The evolution of consumer behavior in Japan's fifth consumption era highlights a shift from material quantity to quality, personalization, and emotional value, indicating that consumers are increasingly focused on well-being and life quality, which benefits the media sector [5][17]. - The report emphasizes the potential for domestic demand to drive growth in the media industry, supported by government policies and the integration of technology and content [5][19]. Summary by Sections Industry Overview and Dynamics - The media sector has shown varied performance, with the media index rising by 9.1% over one month, while the Shanghai Composite Index increased by 4.3% [3][15]. - The report notes significant fluctuations in individual stocks, with top gainers including Baotong Technology and Daocaoxiong Entertainment, while major losers included Wanda Film and Meiri Interactive [15]. Key Recommendations - The report recommends several stocks within the media sector, including: - Fengyuzhu (603466) focusing on experience economy - Mango Super Media (300413) benefiting from upcoming shows - Yaoyi Technology (002605) expected to recover due to card games [6][10]. - Other notable mentions include BlueFocus (300058), Wanda Film (002739), and Huace Film & TV (300133), all rated as "Buy" [10]. Market Trends - The report discusses the impact of the fifth consumption era on consumer preferences, emphasizing a focus on emotional resonance and value recognition rather than mere status symbols [17][19]. - It highlights the importance of the cinema line content sector, which is expected to benefit from government support and a growing domestic market [18]. Gaming Industry Insights - The gaming sector continues to thrive, with Tencent leading in mobile game revenues, and significant growth observed in titles like "Honor of Kings" [20]. - The report notes that 33 Chinese publishers ranked in the global top 100 for mobile game revenue, collectively earning $2 billion in April 2025 [20]. Upcoming Releases and Market Activity - The report outlines upcoming film releases, including "Chong·Zhuang," set to premiere on May 17, 2025, which is based on a true story [29][34]. - It also provides insights into the television ratings, with popular shows like "Cheng Jia" and "Man Hao De Ren Sheng" leading in viewership [35].

Investment Rating - The report maintains a "Buy" rating for the media industry [6][21]. Core Insights - The evolution of consumer behavior in Japan's fifth consumption era highlights a shift from material quantity to quality, personalization, and emotional value, indicating a growing focus on well-being and life quality, which is expected to benefit the media sector [5][17]. - The report emphasizes the importance of domestic demand and the dual nature of media as both a technology and consumer sector, suggesting that the integration of technology and content can stimulate curiosity-driven consumption [5][19]. Summary by Sections Industry Overview and Dynamics - The media sector has shown varied performance, with the media index rising by 9.1% over one month, while the Shanghai Composite Index increased by 4.3% [3][15]. - The report notes that the cinema content sector is still in a "low valley" and is expected to benefit from upcoming releases and policy support [18][19]. Key Recommended Stocks and Logic - The report recommends several stocks within the media sector, including: - Windy Zhi (603466) focusing on experience economy - Mango Super Media (300413) with upcoming variety shows - BlueFocus Communication (300058) as a leading digital marketing firm [6][10]. Game Industry Progress - In April 2025, Chinese mobile game publishers generated $2 billion, accounting for 38.4% of the global top 100 mobile game publishers' revenue, with Tencent leading the market [20]. Film Market - The report highlights the upcoming film "冲·撞" set to release on May 17, which is based on a true story, indicating a focus on culturally relevant content [29]. Television Market - The report provides insights into the television ratings, with "成家" leading the viewership, showcasing the competitive landscape in the drama sector [35]. Variety Show Market - The report mentions popular variety shows such as "哈哈哈哈哈 第五季," indicating strong viewer engagement in the entertainment sector [37].

杭州电魂网络科技股份有限公司 2024 年年度股东大会 会议资料 中国·杭州 二〇二五年五月十六日 1 杭州电魂网络科技股份有限公司 2024 年年度股东大会会议议程 一、 会议时间 现场会议：2025 年 5 月 16 日（星期五）14：00 网络投票：2025 年 5 月 16 日（星期五） 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大 会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平 台的投票时间为股东大会召开当日的 9:15-15:00。 二、 现场会议地点 杭州市滨江区西兴街道滨安路 435 号公司会议室 三、 会议主持人 杭州电魂网络科技股份有限公司董事长 胡建平先生 四、 会议审议事项 2 1. 公司 2024 年年度报告及摘要 2. 公司 2024 年度董事会工作报告 3. 公司 2024 年度监事会工作报告 4. 公司 2024 年度财务决算报告 5. 关于拟不进行 2024 年度利润分配的议案 6. 关于提请股东大会授权董事会制定 2025 年中期分红方案的议案 7. 关于申请 2025 年度融资额度的 ...