证券代码：603444 证券简称：吉比特 公告编号：2025-048 厦门吉比特网络技术股份有限公司 2025年第三次临时股东会会议决议公告 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 一、会议召开和出席情况 (一)股东会会议召开的时间：2025 年 12 月 18 日 (二)股东会会议召开的地点：深圳市南山区龙珠四路 2 号方大城 T2 栋公司会议 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 | 388 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 37,609,993 | | 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 | 52.4135 | | 数（已扣除公司回购专户股份数）的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由董事长卢竑岩先生主持，会议的召集、召开及表决方式符合《公 司法》《公司章程》及 ...

北京市海问（深圳）律师事务所 关于厦门吉比特网络技术股份有限公司 2025 年第三次临时股东会会议的法律意见书 致：厦门吉比特网络技术股份有限公司 根据《中华人民共和国证券法》、《中华人民共和国公司法》（以下统称"有 关法律"）及《厦门吉比特网络技术股份有限公司章程》（以下称"公司章程"） 的规定，北京市海问（深圳）律师事务所（以下称"本所"）受厦门吉比特网络 技术股份有限公司（以下称"公司"）的委托，指派本所律师列席 2025 年 12 月 18 日召开的公司 2025 年第三次临时股东会会议（以下称"本次会议"），对本次 会议召开的合法性进行见证，并依法出具本法律意见书。 在本法律意见书中，本所律师仅对本次会议召集和召开的程序、出席本次会 议现场会议人员的资格及表决程序是否符合有关法律和公司章程的规定以及本 次会议审议议案的表决结果是否有效发表意见，并不对本次会议所审议议案的内 容以及该等议案所表述的事实或数据的真实性和准确性发表意见。本所律师假定 公司提交给本所律师的资料（包括但不限于有关人员的居民身份证、股票账户卡、 授权委托书、营业执照、网络投票结果等）真实、完整，资料上的签字和/或印章 均是真实的 ...

Group 1 - The gaming sector increased by 0.77% compared to the previous trading day, with G-bits leading the gains [1] - The Shanghai Composite Index closed at 3876.37, up by 0.16%, while the Shenzhen Component Index closed at 13053.98, down by 1.29% [1] - The net inflow of main funds into the gaming sector was 6.33 million yuan, while retail funds saw a net inflow of 12.2 million yuan, and speculative funds experienced a net outflow of 129 million yuan [1] Group 2 - Detailed fund flow data for individual gaming stocks is available in the accompanying table [1]

Group 1 - The core viewpoint of the article highlights a significant increase in the online gaming index, with notable gains from companies such as Giant Network and G-bits, which both rose over 4% [1] - Other companies in the sector, including New Xunda, 37 Interactive Entertainment, and Aofei Entertainment, also experienced upward movement in their stock prices [1] Group 2 - The article reports on the performance of the online gaming industry, indicating a positive trend in stock prices for key players [1] - The overall market sentiment appears to be favorable for the online gaming sector, as evidenced by the collective rise in stock values [1]

Group 1 - The gaming concept stocks have strengthened, with Giant Network rising over 3%, and both 37 Interactive Entertainment and G-bits increasing by over 2% [1] - The gaming ETF has seen an approximate increase of 2% [1] - Brokerages indicate that the global gaming market is in an upward cycle, with optimistic long-term growth expected in terms of revenue and player numbers [2] Group 2 - DeepSeek's powerful generative capabilities may significantly enhance game development efficiency, creating virtual characters, maps, and storylines that better meet user demands [2] - This innovation is expected to enrich gameplay and cultivate paid scenarios within the gaming industry [2]

Investment Rating - The report maintains a "Recommended" rating for the media and internet industry [1] Core Viewpoints - The media and internet industry is driven by performance and AI empowerment, with a focus on core assets in the Hong Kong internet sector and AI applications [3][4] - The report highlights the stable supply in the film industry and the recovery of the box office, with significant growth in ticket sales [16][20] - The gaming sector shows strong performance with an increase in both client and mobile game revenues, driven by dual-end interaction [57][58] - The advertising market is showing steady growth, with a notable increase in spending across various sectors [3][4] Market Review - In November 2025, the media industry index rose by 1.69%, outperforming the Shanghai and Shenzhen 300 index, which fell by 2.46% [5][6] - The media sector's performance varied, with advertising marketing up by 9.68% and the gaming sector down by 0.94% [10][12] Sub-industry Data Tracking Film Industry - The national box office for November 2025 reached 3.553 billion yuan, a year-on-year increase of 89.29% and a month-on-month increase of 36.03% [16][20] - The top film, "Zootopia 2," generated a box office of 1.731 billion yuan, accounting for 54.2% of the monthly total [23] Gaming Industry - The domestic gaming market's actual sales revenue in October 2025 was 31.359 billion yuan, a year-on-year increase of 7.83% [57] - Client games showed a strong performance with revenues of 7.227 billion yuan, up 29.4% year-on-year [58] Advertising Industry - The overall advertising market expenditure increased by 4.3% year-on-year in the first ten months of 2025, with a significant rise of 10.6% in October [3][4]

Core Insights - The A-share market is entering a new phase of high-quality development in dividend distribution, with total dividends expected to exceed 2.6 trillion yuan in 2025, surpassing the previous year's 2.4 trillion yuan, marking a historical high [1][4][11] - The continuous optimization of the dividend ecosystem is reflected not only in the scale but also in the frequency and coverage of dividends, with 267 companies disclosing third-quarter dividends in 2025, a significant increase from previous years [1][6][11] Dividend Scale and Structure - As of December 15, 2025, A-share listed companies have announced a total dividend amount close to 2.5 trillion yuan, with projections indicating it could exceed 2.6 trillion yuan when including companies with disclosed but unimplemented dividend plans [4][5] - Historical data shows a steady increase in A-share dividend amounts, with actual dividends of 2.07 trillion yuan, 2.13 trillion yuan, and 2.4 trillion yuan from 2022 to 2024, reflecting improved awareness and capability of companies regarding dividends [5][11] Frequency and Coverage - The notable increase in dividend frequency is one of the most prominent changes in 2025, with a significant rise in companies opting for quarterly dividends, alongside traditional annual and semi-annual distributions [6][11] - The number of companies disclosing third-quarter dividends has increased dramatically from 30 in 2022 to 267 in 2025, although slightly lower than the 362 in 2024, indicating a multi-fold growth trend [6][11] Policy Support and Market Dynamics - Continuous policy support from regulatory bodies, including the China Securities Regulatory Commission, has been crucial in promoting cash dividends and share buybacks, leading to a positive shift in market ecology [2][11] - The dividend landscape is expanding beyond traditional sectors, with industries like pharmaceuticals, food and beverage, and home appliances showing significant dividend potential, as evidenced by leading companies like China Mobile and Kweichow Moutai [2][11] Systematic Upgrades in Dividend Policies - The regulatory framework has been strengthened to ensure a healthy development of the A-share dividend system, with revisions to the Securities Law and new guidelines aimed at enhancing the regularity of dividend distributions [9][11] - The introduction of incentives for companies to increase dividend payouts, including reduced costs for dividend distribution, reflects a commitment to improving shareholder returns [10][11] Future Directions for Dividend Growth - There is still room for improvement in the A-share dividend market, particularly in enhancing the dividend contributions from emerging industries like technology and healthcare, which currently lag behind traditional sectors [12] - The concentration of dividend payouts among large-cap stocks indicates a need for better governance and profitability among mid and small-cap companies, which could be addressed through differentiated disclosure and incentive mechanisms [12]

Investment Rating - The report maintains a "Buy" rating for the media industry, indicating a positive outlook for the sector [7]. Core Insights - The media industry (Shenwan) saw a weekly increase of 0.26%, ranking 8th among industries during the period from December 6 to December 12, 2025. Notable performers included Bona Film Group, Guangxi Radio and Television, Beijing Culture, Sanrenxing, and Huace Film & TV [11][18]. - The report highlights strong performance in AI applications and cultural exports, with a focus on sub-sectors such as gaming, intellectual property (IP), short dramas, and publishing [5][37]. Summary by Sections Market Performance - The media industry experienced a weekly increase of 0.26%, while the Shanghai Composite Index fell by 0.34%. The gaming sector saw a rise of 1.06%, and the film and television sector increased by 5.70% [11][12]. Key Industry Data AI Applications - In November, Deepseek led domestic AI web traffic with 346 million visits, despite a 2.95% month-over-month decline. Other notable AI products included Nano AI Search and Baidu AI Search, with respective monthly visits of 260 million and 52.63 million [22][23]. Gaming - The iOS gaming sales chart for December 13, 2025, was topped by "Honor of Kings," followed by "Gold Shovel Battle" and "Endless Winter." The report also noted that "Whiteout Survival" and "Kingshot" continued to perform strongly in overseas revenue [25][26]. Film - The total box office for the week of December 6-12 was 1.2 billion yuan, with "Zootopia 2" leading at 853 million yuan, accounting for 71% of the weekly total. Upcoming films include "Avatar: Fire and Ashes," set to release on December 19 [33][34]. Investment Recommendations - The report recommends focusing on themes such as AI applications and cultural exports, with specific attention to gaming, IP, short dramas, and publishing. Key companies to watch include Giant Network, Kaiying Network, Yaoji Technology, and others [5][37].

Investment Rating - The report maintains an "Outperform" rating for the media industry [3] Core Insights - The media sector outperformed the market in November, with the Shenwan Media Index rising by 1.69%, surpassing the CSI 300 Index by 4.14 percentage points, ranking 7th among 31 industries [4][20] - The number of game approvals reached a new high, with 178 domestic games and 6 imported games approved in November, contributing to a total of 1,625 game approvals from January to November, a year-on-year increase of 26.8% [4][28] - The gaming market revenue in October was 31.4 billion yuan, a year-on-year growth of 7.8%, driven by strong product cycles from leading companies [4][32] Summary by Sections Market and Industry Review - The media sector's performance in November was strong, with a 1.69% increase in the Shenwan Media Index, outperforming the CSI 300 Index [4][20] - The current TTM-PE for the Shenwan Media Index is 42.6x, positioned at the 82.2% percentile over the past five years [20][26] Gaming - The number of game approvals in November was the highest in three years, with a total of 178 domestic and 6 imported games approved [28] - The gaming market revenue in October was 31.4 billion yuan, with mobile gaming revenue at 22.6 billion yuan, reflecting a year-on-year growth of 2.4% [32] - The overseas revenue for Chinese self-developed games reached 1.799 billion USD in October, marking an 11.9% year-on-year increase [41] Film and Television - The total box office in November reached 3.553 billion yuan, a year-on-year increase of 89.3%, primarily due to the success of "Zootopia 2" [49] - The top five films in November included "Zootopia 2," which grossed over 2.2 billion yuan within nine days of release [60] - The drama market saw high viewership, with "The Tang Dynasty Mysteries" leading with 1.5 billion views [67] AI Applications - The report highlights advancements in AI video models, including the launch of the O1 video model by Keling AI, which allows users to generate videos from text prompts [79] - PixVerse V5.5 was released, enabling the creation of multi-angle narrative videos [84] - Google's Gemini 3 Pro and Nano Banana Pro were launched, showcasing significant improvements in AI capabilities [91] Investment Recommendations - The report suggests focusing on the gaming sector's new product cycles and AI applications, recommending companies such as Giant Network, G-bits, and K-Game Network [96] - The December investment portfolio includes Giant Network, K-Game Network, Bilibili, and HuiLiang Technology [7]

Market Overview - The Shanghai Composite Index fell by 0.55% on December 15, with 13 sectors rising, led by non-bank financials and retail, which increased by 1.59% and 1.49% respectively. The sectors with the largest declines were electronics and communications, down by 2.42% and 1.89% respectively [2] Capital Flow Analysis - The net outflow of capital from the two markets was 47.184 billion yuan, with 8 sectors experiencing net inflows. The defense and military industry saw the largest net inflow of 2.287 billion yuan, rising by 0.83%, followed by the food and beverage sector, which increased by 0.67% with a net inflow of 1.124 billion yuan [2] - A total of 23 sectors experienced net capital outflows, with the electronics sector leading with a net outflow of 16.331 billion yuan, followed by the power equipment sector with a net outflow of 5.919 billion yuan. Other sectors with significant outflows included non-ferrous metals, machinery, and communications [2] Media Industry Performance - The media industry declined by 1.63%, with a total net outflow of 2.678 billion yuan. Out of 129 stocks in this sector, 27 rose, including one hitting the daily limit, while 97 fell, with two hitting the lower limit [3] - The stocks with the highest net inflows included Focus Media, with a net inflow of 101 million yuan, followed by Beijing Culture and Jiubite, with net inflows of 61.9825 million yuan and 55.9307 million yuan respectively [3] - The stocks with the largest net outflows included Century Huatong, with a net outflow of 454.499 million yuan, followed by Bona Film Group and BlueFocus Communication Group, with net outflows of 444.611 million yuan and 346.265 million yuan respectively [5]