Core Viewpoint - The company celebrated its 16th anniversary and the 9th "6·16 Youth Festival" with a week-long carnival, engaging global players through various game updates and benefits, while also revealing new game developments [2][3]. Group 1: Event Highlights - The "6·16 Youth Festival" welfare activities started on June 6 and will continue until the end of June, facilitating deep interaction between the company and players [2]. - The event attracted over 10 million players, unlocking 6.16 million game gift packages through various updates and activities across popular titles [2]. - During the live broadcast on the festival day, the company provided in-depth insights into game updates and announced new game information, receiving positive feedback from domestic players [2]. Group 2: New Game Developments - The highly anticipated game "Youth Three Kingdoms 3" will begin its "Hero Testing" phase in early July, offering players a new gaming experience that combines traditional aesthetics with innovative card mechanics [3]. - The company has over ten new titles, including "Origin: Endless Land" and "Code: SR2," ready for global release, aiming to expand its international presence [5]. Group 3: Business Strategy and Innovation - The company is strengthening its advantages in card and SLG genres while exploring business innovation and upgrades to meet diverse player needs [5]. - It employs a differentiated game distribution strategy and integrates resources across various sectors to enhance market penetration and reduce user barriers [5]. - The incorporation of AI technology throughout the distribution process has significantly improved efficiency and precision, driving intelligent decision-making and targeted outreach [5]. Group 4: Cultural Engagement - The company emphasizes the promotion of traditional culture, exemplified by a collaboration with a representative of a national intangible cultural heritage project to create new game content inspired by ancient Chinese music [5]. - Employee activities included cultural learning and hands-on experiences related to traditional crafts, further highlighting the company's commitment to cultural heritage [5].

Group 1 - The core theme of the event is "Be YOUTHself," celebrating the 16th anniversary of Youzu Interactive and the 616 Youth Festival, featuring a week-long carnival for global employees and multiple benefits for players, including 6.16 million gift packages [2] - Youzu Interactive aims to enhance the gaming experience for global players, with various titles like "Youth Three Kingdoms," "Youth Journey to the West," and "Game of Thrones: Winter is Coming" offering rich benefits during the festival [2] - Over 10 million global players participated in the event, showcasing Youzu Interactive's strong influence in the global gaming market [2] Group 2 - Youzu Interactive emphasizes its mission of "Technology Transmitting Civilization," integrating traditional Chinese culture into gaming, exemplified by the collaboration of "Youth Three Kingdoms 2" with the national intangible cultural heritage Guangling Qin School [3] - The company plans to continue its dual-driven approach of "Culture + Technology," using gaming as a medium to tell Chinese stories and enhance players' appreciation of Chinese culture [3] - Future product reserves include over ten new titles, such as "Origin: Endless Land" and "Code: SR2," aimed at consolidating and expanding its global presence [2]

| 证券代码：002174 | 证券简称：游族网络 | 公告编号：2025-035 | | --- | --- | --- | | 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 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 5、游族网络股份有限公司（以下简称"公司"）股票价格自 2025 年 5 月 28 日至 2025 年 6 月 12 日，已有 10 个交易日的收盘价格不低于当期转股价格 10.10 元/股的 130%，即 13.13 元/股的情形。如后续公司股票收盘价格持续不低于当期转股价格的 130%， 预计将有可能触发"游族转债"的有条件赎回条款。根据《游族网络股份有限公司公开 发行可转换公司债券募集说明书》（以下简称"《募集说明书》"）中有条件赎回条款 的相关规定，公司董事会有权决定按照债券面值加当期应计利息的价格赎回全部或部分 未转股的可转换公司债券。敬请广大投资者详细了解可转换公司债券相关规定，并及时 关注公司后续公告，注意投资风险。 一、可转债上市发行 ...

Core Viewpoint - The company, Youzu Interactive (002174), has announced that its stock price has remained above 130% of the current conversion price of 10.1 CNY per share for 10 trading days, triggering a potential redemption of its convertible bonds [1] Group 1 - The stock price has been above 13.13 CNY per share, which is 130% of the conversion price, from May 28, 2025, to June 12, 2025 [1] - The company's board of directors has the authority to redeem all or part of the unconverted convertible bonds at face value plus accrued interest, according to the terms outlined in the bond issuance prospectus [1]

证券代码：002174 证券简称：游族网络 公告编号：2025-034 游族网络股份有限公司 关于持股 5%以上股东持股比例被动稀释 触及 1%整数倍的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 一、股东及其一致行动人此前权益变动情况 （一）公司原股东梅花实业集团有限公司于 2015 年 8 月 27 日与王卿泳先 生、王卿伟先生分别签署了《股份转让协议》，通过协议转让的方式将其持有的 公司无限售流通股 23,585,546 股（占当时公司总股本的 8.55%）转让至王卿泳 先生、王卿伟先生，其中王卿泳先生受让 11,792,773 股、王卿伟先生受让 11,792,773 股，各占当时公司总股本的 4.28%，并于 2015 年 9 月 16 日完成证券 过户登记手续。 （二）2015 年 12 月 28 日，公司通过非公开发行股份及支付现金购买资产 暨关联交易并募集配套资金，成功收购掌淘科技并募集资金，非公开发行新股数 量 11,395,043 股，公司总股本由 275,709,972 股增加至 287,105,015 股。发行 完成 ...

Core Viewpoint - The IP economy concept stocks are experiencing significant activity, with several companies seeing notable price increases, indicating a potential trend in investor interest in this sector [1] Group 1: Company Performance - Yuanlong Yatu (002878) and Jinhong Group (603518) have reached the daily limit increase in stock price [1] - Xinghui Entertainment (300043), Lisheng Sports (002858), Xiaogoods City (600415), and Youzu Network (002174) are also witnessing upward movement in their stock prices [1] Group 2: Market Activity - There is a notable influx of dark pool capital into these stocks, suggesting increased investor confidence and potential for further price appreciation [1]

资金面上看，今日云游戏概念板块获主力资金净流入2.14亿元，其中，13股获主力资金净流入，6股主 力资金净流入超3000万元，净流入资金居首的是游族网络，今日主力资金净流入1.09亿元，净流入资金 居前的还有盛天网络、巨人网络、ST华通等，主力资金分别净流入3894.67万元、3725.45万元、3632.46 万元。 截至5月26日收盘，云游戏概念上涨2.69%，位居概念板块涨幅第5，板块内，26股上涨，游族网络涨 停，盛天网络、星辉娱乐、巨人网络等涨幅居前，分别上涨6.31%、5.03%、5.00%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 可控核聚变 | 5.14 | 仿制药一致性评价 | -1.55 | | 电子竞技 | 3.30 | 重组蛋白 | -1.53 | | 超导概念 | 3.12 | 创新药 | -1.53 | | 核电 | 3.03 | 猴痘概念 | -1.36 | | 云游戏 | 2.69 | 肝炎概念 | -1.36 | | 人脸识别 | 2.67 | 减肥药 | -1.26 ...

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]

Market Overview - The three major A-share indices collectively adjusted in the morning session, with the Shanghai Composite Index down 0.30%, the Shenzhen Component Index down 0.71%, and the ChiNext Index down 1.28% [1] - The total market turnover for the half-day was 661 billion, a decrease of 1 billion compared to the previous day, with 2,600 stocks in the market showing losses [1] Sector Performance - The controllable nuclear fusion, gaming, and beverage manufacturing sectors led the gains, while the innovative drug sector experienced the largest declines [2] - Notable stocks in the controllable nuclear fusion sector included Haohan Huadong (301137), Xue Ren Co., Ltd. (002639), and Rongfa Nuclear Power (002366), all hitting the daily limit [2] - Gaming stocks also performed well, with Youzu Network (002174) reaching the daily limit [2] - Beverage manufacturing stocks rebounded, with Junyao Health (605388) and Kuaijishan (601579) hitting the daily limit [2] - The autonomous driving sector showed strength, with Jinjiang Online (600650), Tongda Electric (603390), and Longzhou Co., Ltd. (002682) all reaching the daily limit [2] - The innovative drug sector saw significant declines, with Haichen Pharmaceutical (300584) dropping over 10%, and Hainan Hai Pharmaceutical (000566) and San Sheng Guojian also experiencing notable losses [2] Hotspot Overview - The nuclear power sector was highlighted as the strongest market focus, with 11 stocks hitting the daily limit and 5 stocks achieving consecutive limit-ups, including Shangwei Co., Ltd. and Zhongchao Holdings (002471) [7] - The military industry sector also saw 11 stocks hitting the daily limit, with 5 stocks achieving consecutive limit-ups [8] - The artificial intelligence sector had 9 stocks hitting the daily limit, with one stock achieving consecutive limit-ups [9] Key Developments - The controllable nuclear fusion sector is gaining attention following U.S. President Trump's recent executive orders aimed at launching the construction of 10 large nuclear power plants by 2030 and quadrupling the nuclear power capacity by 2050 [10] - The IP economy is also gaining traction, with stocks like Youzu Network and others seeing significant interest, particularly following the recent rise in the market value of Pop Mart in Hong Kong [11] - The autonomous driving sector is attracting capital, with recent funding rounds for companies like Jiushi Intelligent and New Stone Technology, indicating strong investor interest in this area [12]

Group 1 - The Media ETF (159805.SZ) increased by 1.81%, with the associated index, the CSI Media Index (399971.SZ), rising by 1.88% [1] - Key component stocks such as Kunlun Wanwei rose by 6.51%, Youzu Interactive by 9.97%, Giant Network by 4.56%, and Kying Network by 2.35% [1] - The IP economy concept stocks strengthened again, with Youzu Interactive hitting the daily limit, and Ice Glacier Network rising over 10% [1] Group 2 - Huajin Securities noted that the issuance of game licenses in May reached a record high, suggesting investment opportunities from quality content [1] - The report highlighted that Giant Network is expanding its reach through quality IP and AI matrix to create new gaming formats, while Kying Network is expected to drive performance growth with its premium game reserves and AI+IP matrix [1] - According to招商证券, 130 domestic game licenses and 14 import licenses were issued in May, indicating a positive impact from policy support on the gaming sector [1]