Core Viewpoint - Youzu Interactive's stock price has experienced fluctuations, with a year-to-date increase of 31.55% but a recent decline of 15.52% over the past five trading days [1] Group 1: Stock Performance - As of September 16, Youzu Interactive's stock price was 12.30 CNY per share, with a market capitalization of 12.095 billion CNY [1] - The stock has seen a net outflow of 64.40 million CNY in principal funds, with significant selling pressure [1] - Year-to-date, the stock has risen by 31.55%, but it has dropped by 15.52% in the last five trading days and 26.96% in the last twenty days [1] Group 2: Financial Performance - For the first half of 2025, Youzu Interactive reported revenue of 688 million CNY, a year-on-year decrease of 1.93%, while net profit attributable to shareholders was 50.16 million CNY, a significant increase of 989.31% [2] - The company has distributed a total of 368 million CNY in dividends since its A-share listing, with 46.53 million CNY distributed in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, Youzu Interactive had 52,900 shareholders, a decrease of 10.38% from the previous period, with an average of 17,629 shares per shareholder, an increase of 13.77% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 30.63 million shares, and Huaxia CSI Animation Game ETF, which also increased its holdings [3]

Core Insights - The "Second Golden Unicorn Best Investment Advisor Selection" event is currently ongoing, with over 3,000 professional investment advisors participating in simulated trading competitions [1] Group 1: Top Stocks by Buy Count - The top stock by buy count as of September 15 is "芯原股份" (Chip Origin) [2] - Other notable stocks in the top ten include "东方财富" (East Money), "阳光电源" (Sungrow Power), and "宁德时代" (CATL) [2] Group 2: Top Stocks by Buy Amount - "芯原股份" (Chip Origin) also leads the top stocks by buy amount [3] - Other significant stocks in this category include "阳光电源" (Sungrow Power), "汉威科技" (Hanwei Technology), and "立讯精密" (Luxshare Precision) [3] Group 3: Event Structure and Data - The event includes a performance evaluation segment divided into three groups: stock simulation, on-market ETF simulation, and public fund simulation [4] - The data presented is based on simulated trading and reflects the most frequently bought stocks and ETFs by participants [4]

Group 1 - The core viewpoint of the news is that Youzu Interactive has experienced fluctuations in stock price and trading volume, with a notable increase in stock price by 33.90% year-to-date, but a recent decline of 16.09% over the last five trading days [1] - As of September 15, the stock price reached 12.52 CNY per share, with a total market capitalization of 12.312 billion CNY [1] - The company has a significant portion of its revenue coming from mobile games, accounting for 70.51% of total revenue, while PC games contribute 28.93% [1] Group 2 - As of June 30, 2025, Youzu Interactive reported a revenue of 688 million CNY, a year-on-year decrease of 1.93%, while net profit attributable to shareholders increased by 989.31% to 50.155 million CNY [2] - The company has distributed a total of 368 million CNY in dividends since its A-share listing, with 46.5307 million CNY distributed in the last three years [3] - The number of shareholders decreased by 10.38% to 52,900, while the average number of circulating shares per person increased by 13.77% to 17,629 shares [2]

Core Insights - The article highlights the launch of the "AI Partner System" in the mobile game "New Tomb Raider" during its four-year anniversary celebration, enhancing player engagement through character immersion [1] Group 1: AI Partner System - The AI Partner System features characters from the original work, such as Wu Xie and Zhang Qiling, who will act as intelligent companions, allowing players to engage in battles alongside them [1] - The AI partners are designed to maintain consistency with the original character personalities through deep learning and fine-tuning, significantly enhancing the game's immersion and emotional connection [1] Group 2: Game Updates - The anniversary version introduces a new main storyline titled "Ten-Year Appointment" and a cross-server gameplay feature called "Nine Gates Power Struggle" [1] - A series of welfare activities have also been launched to celebrate the anniversary, aiming to attract and retain players [1]

Core Insights - The core focus of the article is the launch of the four-year anniversary version of the mobile game "New Tomb Raider Notes" by Youzu Interactive, featuring an AI companion system as a key highlight [1] Company Developments - Youzu Interactive announced the launch of the four-year anniversary version of "New Tomb Raider Notes" on September 12, which includes an AI companion system [1] - The AI companion system is designed through deep learning of the original content, ensuring accurate character personality restoration and real-time interaction [1] - The introduction of the AI companion system is part of Youzu's strategy to enhance player experience through AI technology [1] Product Features - The AI companion system incorporates a "friendship value" mechanism to strengthen emotional connections with users [1] - The new version also includes diverse gameplay options and welfare activities [1] - Developing the AI companion system is more complex than typical AI dialogue generation systems, requiring extensive learning from the original work and related content [1] Future Implications - The implementation of the AI companion system is expected to provide valuable experience for Youzu in applying AI technology more broadly in future game products [1]

Market Overview - On September 12, the gaming sector declined by 0.85%, with Youzu Interactive leading the drop [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Stock Performance - Notable gainers included: - ST Zhongqingbao: closed at 12.85, up 4.22% with a trading volume of 148,100 shares and a turnover of 192 million [1] - Jiubang Technology: closed at 534.09, up 4.11% with a trading volume of 16,500 shares and a turnover of 878 million [1] - Major decliners included: - Youzu Interactive: closed at 12.41, down 4.69% with a trading volume of 1,235,300 shares and a turnover of 150.5 million [2] - Giant Network: closed at 42.23, down 4.24% with a trading volume of 354,200 shares and a turnover of 151.3 million [2] Capital Flow - The gaming sector experienced a net outflow of 1.38 billion in main funds, while retail investors saw a net inflow of 1.057 billion [2] - The table of capital flow indicates that Jiubang Technology had a main fund net outflow of 46.45 million, while retail investors had a net inflow of 61.03 million [3]

Core Points - On September 11, the Shanghai Composite Index rose by 1.65%, the Shenzhen Component Index increased by 3.36%, and the ChiNext Index surged by 5.15% [2] - A total of 54 stocks appeared on the "Dragon and Tiger List" due to significant trading activity, with the highest net inflow of funds recorded for Luxshare Precision (002475.SZ) at 687 million yuan [3][5] - Institutional investors were active in 31 stocks on the Dragon and Tiger List, with a total net outflow of 766 million yuan [6][12] Group 1: Stock Performance - Luxshare Precision saw a net buy of 687 million yuan, accounting for 4.8% of the total trading volume, and closed up by 10% with a turnover rate of 3.93% [3][5] - The stock with the highest net outflow was Huagong Technology (000988.SZ), which experienced a net sell of 203 million yuan, representing 3.01% of the total trading volume, and also closed up by 10% with a turnover rate of 9.59% [6][12] - Other notable stocks included Wolong Nuclear Material, which had a net buy of 635.79 million yuan and a turnover rate of 18.37%, and Shannon Chip Creation, which saw a 20% increase with a net buy of 401.83 million yuan [5][6] Group 2: Institutional Activity - Among the 31 stocks with institutional activity, 14 stocks were net bought while 17 stocks were net sold [6][12] - The stock with the highest institutional net buy was Dongshan Precision (002384.SZ), which closed up by 10% with a turnover rate of 6.4% [7][8] - The most significant institutional net sell was for Huagong Technology, with a net sell of 123.88 million yuan [11][12] Group 3: Northbound Capital - Northbound capital participated in 27 stocks on the Dragon and Tiger List, with a total net buy of 284 million yuan [12] - The stock with the highest net buy from northbound capital was Shanghai Electric (600021.SH), with a net buy of 249 million yuan, accounting for 4.13% of the total trading volume [12] - The largest net sell from northbound capital was also for Huagong Technology, amounting to 241 million yuan [12]

Core Viewpoint - Youzu Interactive experienced a significant drop in stock price, reaching the daily limit down, with a trading volume of 324 million yuan and a turnover rate of 2.53% [2] Group 1: Stock Performance - The stock's daily decline was recorded at -12.54%, leading to its inclusion on the Shenzhen Stock Exchange's watch list [2] - The stock's trading amplitude was 0.92%, indicating limited price fluctuation during the trading day [2] Group 2: Institutional Activity - Institutional investors net bought 19.54 million yuan worth of shares, while the total net selling by brokerage seats amounted to 42.18 million yuan [2] - The top five trading departments accounted for a total transaction volume of 96.14 million yuan, with net selling of 22.49 million yuan [2] Group 3: Capital Flow - The stock saw a net outflow of 160 million yuan in principal funds, with large orders contributing to a net outflow of 143 million yuan [2] - Over the past five days, the total net outflow of principal funds reached 364 million yuan [2] Group 4: Margin Trading Data - As of September 10, the margin trading balance for the stock was 1.329 billion yuan, with a financing balance of 1.328 billion yuan and a securities lending balance of 1.34 million yuan [3] - The financing balance decreased by 97.90 million yuan over the past five days, representing a decline of 6.87% [3]

Market Performance - Major market indices opened with mixed results, with the Shanghai Composite Index down 0.16% at 3806.06 points, the Shenzhen Component Index up 0.11% at 12570.87 points, and the ChiNext Index up 0.46% at 2917.77 points [1] Individual Stock Performance - A total of 1482 stocks rose at the opening, with 7 stocks hitting the daily limit up. Notable performers included *ST Weier with 13 consecutive limit ups, Qingshan Paper with 8 consecutive limit ups, and *ST Yatai with 4 consecutive limit ups [1] - Conversely, 3048 stocks declined at the opening, with 6 stocks hitting the daily limit down, including Youzu Network and Huaguang Huaneng [1] Continuity of Stock Prices - Among the stocks that hit the limit up yesterday, those that continued to hit the limit up today included Qingshan Paper and Xinju Network, among others [1] - Stocks that opened lower included Hezhan Energy, Sijuan New Materials, and Zhaoyan New Drug, with opening declines of 9.89%, 4.91%, and 4.37% respectively [1] - Among the stocks that hit the limit down yesterday, *ST Yuancheng and *ST Gaohong continued to hit the limit down today [1]

China Chengxin International Credit Rating Co.,Ltd. [2025]300 中诚信国际关于终止游族网络股份有限公司 主体和相关债项信用评级的公告 游族网络股份有限公司（以下简称"游族网络"或"公司"）于 2019 年 9 月 发行的"游族转债"由中诚信国际信用评级有限责任公司（以下简称"中诚信国 际"）进行相关信用评级工作。2025 年 6 月 23 日，中诚信国际出具了《游族网 络股份有限公司公开发行可转换公司债券 2025 年度跟踪评级报告》，维持游族 网络主体信用等级为 AA-，评级展望为稳定；维持"游族转债"的债项信用等级 为 AA-。 2025 年 9 月 5 日，公司发布《游族网络股份有限公司关于"游族转债"赎 回结果的公告》称，公司行使"游族转债"的提前赎回权，对赎回登记日登记在 册的"游族转债"全部赎回。截至 2025 年 8 月 27 日（赎回登记日）收市，"游 族转债"余额为 529,200.00 元（5,292 张），占可转债发行总额的 0.05%；共计支 付赎回款 539,029.89 元（不含赎回手续费），赎回款发放日为 2025 年 ...