Core Viewpoint - The 2025 China Game Developers Conference (CGDC) opened in Shanghai, featuring a keynote speech by Wang Junsheng, CTO of Youzu Interactive, discussing the implementation of AI tools in the global development and operation of RPG games [1] Group 1: AI Empowerment in Game Development - Youzu Interactive has established a comprehensive AI empowerment system that spans the entire development and publishing process through its "AI Innovation Institute" [1] - The intelligent translation platform supports translation among 16 languages, significantly enhancing the efficiency of overseas localization [1] - The automated testing agent can cover most test case writing, improving testing efficiency [1] - AI material generation tools greatly increase the production efficiency of advertising materials [1] - The intelligent operation and maintenance platform significantly reduces the response time for basic operational inquiries [1] Group 2: Enhancing Player Experience - Youzu Interactive is committed to optimizing player experience through AI technology [1] - In the development of the AI-native game "My Three-Body: 2277," AI serves as a crucial element that players can use to enhance enjoyment and participate in the recreation of game narratives and plots [1]

Market Overview - On August 1, the gaming sector rose by 0.48% compared to the previous trading day, with G-bits leading the gains [1] - The Shanghai Composite Index closed at 3559.95, down 0.37%, while the Shenzhen Component Index closed at 10991.32, down 0.17% [1] Top Gainers in Gaming Sector - G-bits (603444) closed at 348.00, up 2.40% with a trading volume of 18,300 lots and a transaction value of 614 million [1] - ST Kaiwen (002425) closed at 3.04, up 1.67% with a trading volume of 94,500 lots [1] - Giant Network (002558) closed at 24.12, up 1.60% with a trading volume of 416,500 lots [1] - ST Huaton (002602) closed at 12.89, up 1.42% with a trading volume of 1,107,300 lots and a transaction value of 1.408 billion [1] Top Losers in Gaming Sector - Glacier Network (300533) closed at 34.88, down 3.54% with a trading volume of 198,800 lots [2] - Youzu Interactive (002174) closed at 14.43, down 2.43% with a trading volume of 496,400 lots [2] - WenTou Holdings (600715) closed at 2.29, down 1.29% with a trading volume of 340,700 lots [2] Capital Flow Analysis - The gaming sector experienced a net outflow of 664 million from main funds, while speculative funds saw a net inflow of 166 million and retail investors had a net inflow of 498 million [2] - Specific stocks like ST Huaton and Xunyou Technology had varying levels of net inflow and outflow from different investor types [3]

数据显示，游族网络当日主力资金净流出4021.81万元，占流通市值的0.29%。 风险提示：市场有风险，投资需谨慎。 游族网络股价报15.11元，较前一交易日下跌0.27元。盘中最高触及15.60元，最低下探至15.00元，成交 金额达10.12亿元。 游族网络属于游戏行业，公司主营业务为移动游戏和网页游戏的研发、发行及运营。公司产品覆盖卡 牌、SLG等游戏类型，市场覆盖中国、欧美、东南亚等地区。 公司发布公告提示，因股价连续10个交易日高于转股价的130%，"游族转债"可能触发有条件赎回条 款。公司首席战略官在人工智能大会上表示，游戏场景的多模态数据是AI发展的重要资源，公司积累 了丰富的全球化游戏研发经验。 ...

Group 1 - The core point of the article is that Youzu Interactive announced that its stock price has been above 130% of the current conversion price for 10 consecutive trading days, which may trigger the conditional redemption clause of its convertible bonds [2] - The current conversion price is set at 10.10 yuan per share, meaning the stock price must remain above 13.13 yuan per share to potentially activate the redemption clause [2] - The company's board of directors has the authority to decide on the redemption of all or part of the unconverted convertible bonds at face value plus accrued interest if the stock price continues to meet the specified condition [2]

| 证券代码：002174 | 证券简称：游族网络 | 公告编号：2025-044 | | --- | --- | --- | | 债券代码：128074 | 债券简称：游族转债 | | 游族网络股份有限公司 关于"游族转债"预计触发赎回条件的提示性公告 经中国证券监督管理委员会《关于核准游族网络股份有限公司公开发行可转 换公司债券的批复》（证监许可〔2019〕1560 号）核准，公司于 2019 年 9 月 23 日公开发行了 11,500,000 张可转债，每张面值 100 元，发行总额 115,000.00 万 元。本次公开发行的可转债向公司在股权登记日收市后登记在册的原股东优先配 售，原股东优先配售后余额部分（含原股东放弃优先配售部分）采用网上向社会 1、股票代码：002174 股票简称：游族网络 2、债券代码：128074 债券简称：游族转债 3、转股价格：人民币 10.10 元/股 4、转股时间：2020 年 3 月 27 日至 2025 年 9 月 23 日 公众投资者通过深圳证券交易所（以下简称"深交所"）交易系统发售的方式进 行。对认购金额不足 115,000.00 万元的部分由主承销商包销 ...

Core Insights - The 2025 World Artificial Intelligence Conference (WAIC) showcased over 3,000 cutting-edge achievements, highlighting advancements in robotics that enable machines to possess memory, perception, language, and emotional intelligence [1][10] - Companies are focusing on enhancing robots' capabilities, making them more human-like and applicable in various sectors such as healthcare, elderly care, industrial production, and daily life services [10] Group 1: Robotics Innovations - The National Local Joint Human-Robot Innovation Center presented a new series of humanoid robots, including the "Qinglong" product system, which integrates advanced control systems and multi-sensory perception [2][3] - The "Qinglong Pro" robot features a height of 185 cm and weight of 85 kg, equipped with a new generation control system that includes seven core subsystems for enhanced interaction and task execution [2] - The "Qinglong Lite," a lightweight robot, is designed for low-cost applications and has become a valuable assistant in educational and lightweight service scenarios [2] Group 2: AI and Data Integration - Huawei Cloud supports the "Qinglong" products with its CloudRobo platform, which generates diverse simulation datasets, significantly reducing data collection costs by 90% and accelerating the application of industrial robots [3][4] - The integration of AI models and data sets is crucial for enhancing the language capabilities of robots, allowing for more natural and accurate interactions [8][9] Group 3: Sensory and Interaction Capabilities - The introduction of adaptive tactile sensors enables robots to mimic human touch, allowing them to handle delicate items without damage, showcasing significant advancements in tactile perception [7] - The "Wuneng" embodied intelligence platform by SenseTime provides robots with enhanced perception, visual navigation, and multi-modal interaction capabilities, making them more effective in real-world applications [6] Group 4: Language and Data Development - Shanghai is establishing a comprehensive corpus supply system to enhance the quality and scale of language data, which is essential for the development of AI models [8][10] - The gaming industry, through companies like Youzu Network, is leveraging its vast data resources to support AI development, providing high-fidelity training materials for embodied intelligence [9][10]

Core Insights - The 2025 World Artificial Intelligence Conference (WAIC) showcased over 800 tech companies and 3000 cutting-edge achievements, with Youzu Interactive prominently participating, indicating its transformation into an "AI-driven interactive entertainment technology company" [1][4] Group 1: AI Practices and Recognition - Youzu Interactive's Chief Strategy Officer shared insights on "AI + gaming" at WAIC, highlighting the importance of game data in cross-domain empowerment [1] - The company was recognized as a top 10 transformation model in the "Data Wind and Cloud List," reflecting industry acknowledgment of its transition efforts [1] - Youzu was elected as the vice president unit of the Shanghai Artificial Intelligence Industry Association, enhancing its influence in the regional AI ecosystem [1] Group 2: Product Innovation - Youzu announced its development of the "AI native game" based on the IP of "The Three-Body Problem," emphasizing AI's role in enhancing player engagement and content creation [1][2] - The integration of AI tools allows players to create game content, marking a significant shift in the gaming lifecycle [1] Group 3: Technological Foundations - Youzu signed a strategic cooperation agreement with Sunrise to address the urgent need for high-performance computing in game development [2] - A tripartite strategic partnership with Great Wall Technology and Shenzhen Confidential Computing aims to establish a secure computing foundation for various industries [2] Group 4: Strategic Vision - Analysts note that Youzu's strategic moves at WAIC indicate a desire to build an industry ecosystem beyond mere technical cooperation [3] - The company is focusing on AI product innovation, aiming to redefine "AI native game" products and explore breakthroughs in content creation [3] - Youzu's collaborations in computing power and security infrastructure aim to establish a competitive advantage in AI game development [3][4]

Core Insights - The 2025 World Artificial Intelligence Conference (WAIC 2025) in Shanghai gathered top international experts, including 12 Turing Award and Nobel Prize winners, marking a record attendance [1] - The gaming industry is emerging as a key driver of AI development through the utilization of multimodal real-time data, which is considered a "new productive force" [1][2] - Multimodal real-time data from gaming includes diverse, dynamic, and high-fidelity data streams that are crucial for AI advancements [1] Company Developments - Youzu Interactive has integrated an AI platform that leverages multimodal real-time data to enhance various aspects of game development, including art asset creation and game testing [2] - The company has launched AI tools that improve operational efficiency for global game releases, demonstrating significant benefits in the publishing process [2] - Youzu Interactive has signed a strategic partnership with domestic AI chip developer Sunrise to combine GPU computing solutions with distributed architecture for future game development [2] Industry Trends - The rise of embodied intelligence is pushing AI agents from virtual to real-world applications, necessitating vast amounts of real-world interaction data, which gaming can provide [3] - Youzu Interactive has entered into a strategic collaboration with Great Wall Technology and Shenzhen Confidential Computing to create a secure computing infrastructure for various industries [3][4] - The partnership aims to establish a secure computing technology base that supports cultural, technological, financial, and manufacturing sectors, enhancing data security and cross-border data flow [4]

7月27日，游族网络（002174）、长城科技（603897）、深圳机密计算签署战略合作协议，三方将深度 融合自主可控算力、机密计算技术、全球化产业应用优势，携手构建"国产算力+密态安全+场景创 新"三位一体的自主可控算力安全技术底座，为文化、科技、金融、能源、制造等重点产业领域的安全 算力需求和RWA等创新场景需求提供自主可控跨境算力安全解决方案。战略合作签约仪式现场本次游 族网络、长城科技、深圳机密计算的战略合作将聚焦三大关键领域，共绘发展蓝图。在基础设施共建方 面，三方将率先在深圳、上海共建密态算力示范项目，为游族网络AI大模型训练、RWA资产上链等提 供支撑。同时覆盖重点城市区域建设边缘算力网络，优化算力调度，实现数据就近处理，提升用户使用 边缘算力资源的安全性与时效性，共同打造安全算力基础设施高地。(游族网络公众号) ...

Core Insights - The global competition in artificial intelligence has entered a new phase focused on "data superiority" [1] - Game scenarios contain vast amounts of real-time, highly interactive multimodal data, which are crucial resources for driving AI technology development [1] Company Developments - Youzu Interactive has accumulated extensive experience in game development and publishing over 16 years, leveraging data from one billion global users to enhance AI-enabled game development and publishing [1] - The company has developed an integrated AI tool platform that supports the entire game development and publishing process, featuring functions such as art asset generation, code generation, localization translation, intelligent testing, and content risk control [1] Product Innovations - Youzu Interactive is developing an AI-native game based on the "Three-Body" IP titled "My Three-Body: 2277," which allows players to create game content using built-in AI tools for scene editing, storyline design, and interactive object editing [1] Strategic Collaborations - Youzu Interactive has signed a strategic cooperation agreement with domestic AI chip developer Xiwang to integrate high-performance customized GPU solutions with advanced distributed architecture for future game intelligent development [2] Broader Industry Implications - Game multimodal real-time data is accelerating cross-domain collaborative innovation and has applications beyond the gaming industry, such as providing high-fidelity training materials for embodied intelligence and offering digital overseas expansion experiences for other industries [2] - The gaming industry, represented by Youzu Interactive, has accumulated reusable experience data that can invigorate the innovative inheritance and development of traditional Chinese culture [2]