Market Overview - The gaming sector experienced a decline of 2.33% on October 27, with Youzu Interactive leading the drop [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Top Gainers in Gaming Sector - Kunlun Wanwei (300418) closed at 42.87, up 3.88% with a trading volume of 615,100 shares and a transaction value of 2.619 billion [1] - Fuchun Co., Ltd. (300299) closed at 6.37, up 1.27% with a trading volume of 179,500 shares [1] - Xinghui Entertainment (300043) closed at 6.06, up 1.00% with a trading volume of 518,700 shares and a transaction value of 313 million [1] Top Losers in Gaming Sector - Youzu Interactive (002174) closed at 12.69, down 5.86% with a trading volume of 956,700 shares and a transaction value of 1.224 billion [2] - Giant Network (002558) closed at 38.11, down 5.60% with a trading volume of 780,100 shares and a transaction value of 2.978 billion [2] - ST Huatuo (002602) closed at 18.77, down 5.01% with a trading volume of 1,681,800 shares and a transaction value of 3.182 billion [2] Capital Flow Analysis - The gaming sector saw a net outflow of 1.077 billion from main funds, while retail investors contributed a net inflow of 738 million [2][3] - Main funds showed a net inflow in Kunlun Wanwei (300418) of 236 million, while Youzu Interactive (002174) experienced a net outflow of 979.464 million [3] ETF Performance - The Gaming ETF (159869) tracking the China Animation and Gaming Index saw a slight increase of 0.97% over the past five days, with a net outflow of 478.46 million [5] - The Food and Beverage ETF (515170) experienced a decline of 1.36% over the past five days, with a net outflow of 47.775 million [5]

Group 1 - The gaming stocks experienced a significant drop, with Giant Network plunging over 8% to a price of 37.13 yuan and a trading volume exceeding 1 billion yuan [1] - Youzu Network fell nearly 6%, while other companies such as Kaiying Network, Perfect World, 37 Interactive Entertainment, and Glacier Network also showed weakness [3] - Specific stock performance included Youzu Network at 12.69 yuan (-5.86%), Kaiying Network at 23.66 yuan (-5.40%), and Perfect World at 16.82 yuan (-2.77%) [4]

Core Viewpoint - The company is expanding its investment in artificial intelligence and technology sectors through a new partnership, aiming to enhance its strategic positioning in the industry while leveraging its existing capabilities in game development and operations [1][3]. Group 1: Investment and Financials - The company announced plans to invest in a new partnership, Wuxi Yunxing Zhican Investment Partnership, with a total investment scale expected to not exceed 6.673 billion yuan, with the company contributing up to 1 billion yuan [1]. - In the first half of 2025, the company reported revenue of 688 million yuan and a net profit attributable to shareholders of 50.155 million yuan, marking a year-on-year increase of 989.31% [1]. Group 2: AI and Technology Integration - The company is committed to a "culture + technology" dual-driven strategy, actively promoting the integration of cutting-edge technologies like AI into game development and operations [2]. - The AI Innovation Institute has established a comprehensive AI empowerment system that enhances various aspects of game production, including art asset production and code generation, thereby improving the industrialization level of game development [2]. - The company is also exploring AI applications beyond gaming, utilizing real-time data from over 1 billion users to deepen its AI initiatives [3]. Group 3: Strategic Collaboration - The partnership with professional investment institutions is expected to leverage their expertise and resources, reducing investment risks and enhancing potential returns for the company [3]. - The investment will not impact the company's normal operations or financial health, ensuring that it can continue its business activities without adverse effects [3].

Core Viewpoint - The company plans to invest in a new partnership aimed at establishing a significant investment fund in Wuxi, with a total scale not exceeding 6.673 billion RMB [1] Group 1: Investment Details - The total investment scale for Wuxi Cloud Star Intelligent Computing Investment Partnership is expected to be no more than 6.673 billion RMB [1] - The company’s subsidiaries, Shanghai Chiyou Information Technology Co., Ltd. and Shanghai Youzu Interactive Network Technology Co., Ltd., will contribute up to 1 billion RMB of their own funds [1] - The initial contribution from the subsidiaries will be a combined total of 200 million RMB, with subsequent funding to be determined by the managing partner's funding notices [1]

Group 1 - The core point of the article is that Youzu Interactive (SZ 002174) held its 15th meeting of the 7th board of directors on October 23, 2025, in Shanghai, where it reviewed proposals including joint investments with professional investment institutions [1] - For the first half of 2025, Youzu Interactive's revenue composition was 99.5% from software and information technology services and 0.5% from leasing [1] - As of the report, Youzu Interactive's market capitalization was 13.3 billion yuan [1]

Core Viewpoint - The company plans to establish a partnership to invest in the technology sector, focusing on artificial intelligence and intelligent computing [1] Investment Details - The total scale of the investment partnership, Wuxi Yunxing Zhican, is expected to be no more than 6.673 billion yuan [1] - The company and its subsidiary plan to contribute up to 1 billion yuan, representing a maximum of 15% of the total investment [1] - The initial contribution from the company and its subsidiary will be 200 million yuan [1] Strategic Focus - The partnership aims to identify quality enterprises and investment opportunities in the technology sector [1] - The initiative is intended to support the company's long-term development and enhance its strategic positioning in the technology field [1] - The collaboration seeks to promote the deep integration of technology and cultural industries [1]

证券代码：002174 证券简称：游族网络 公告编号：2025-072 游族网络股份有限公司 关于子公司与专业投资机构共同投资的公告 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。 一、子公司与专业投资机构共同投资概述 游族网络股份有限公司（以下简称"公司"、"上市公司"）之全资子公司 上海驰游信息技术有限公司（以下简称"驰游信息"）及上海游族互娱网络科技 有限公司（以下简称"游族互娱"）拟与无锡新通科技有限公司（以下简称"无 锡新通"）、无锡市新吴区新虹发展投资合伙企业（有限合伙）（以下简称"新 虹发展"）共同投资设立无锡市新吴区云星智算投资合伙企业（有限合伙）（暂 定名，以下简称"无锡云星智算"）。无锡云星智算总规模预计不超过 66.73 亿元；其中，游族互娱及驰游信息拟以自有资金认缴出资不超过 10.01 亿元人民 币（认缴出资比例不超过 15%），拟首期合计出资 2 亿元人民币，后续出资进度 以执行事务合伙人出资通知为准。 公司于 2025 年 10 月 23 日召开第七届董事会第十五次会议，审议通过《关 于子公司与专业投资机构共同投资的议案》。根据《 ...

证券代码：002174 证券简称：游族网络 公告编号：2025-071 游族网络股份有限公司 第七届董事会第十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 公司全资子公司上海驰游信息技术有限公司（以下简称"驰游信息"）及上 海游族互娱网络科技有限公司（以下简称"游族互娱"）拟与无锡新通科技有限 公司、无锡市新吴区新虹发展投资合伙企业（有限合伙）共同投资设立无锡市新 吴区云星智算投资合伙企业（有限合伙）（暂定名）。无锡云星智算总规模预计 不超过 66.73 亿元，其中，游族互娱及驰游信息拟以自有资金认缴出资不超过 10.01 亿元人民币（认缴出资比例不超过 15%），拟首期合计出资 2 亿元人民币， 后续出资进度以执行事务合伙人出资通知为准。 具体内容详见于 2025 年 10 月 25 日刊登在《中国证券报》《证券时报》《上 海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn/）上的《关 于对外投资设立合资公司的公告》。 同意该项议案的票数为 9 票；反对票 0 票；弃权票 0 票。 二、备查文件 （一）第 ...

游族网络(002174.SZ)公告称，公司全资子公司驰游信息及游族互娱拟与无锡新通、新虹发展共同投资 设立无锡云星智算合伙企业，总规模预计不超过66.73亿元。游族互娱及驰游信息拟以自有资金认缴出 资不超过10.01亿元人民币，首期合计出资2亿元，后续出资进度以执行事务合伙人出资通知为准。本次 公司参与出资设立无锡云星智算，未来无锡云星智算将聚焦人工智能、智算领域等科技行业的优质企业 和投资机会，为上市公司的长远发展进行前瞻性技术储备，以协同公司主业发展，促进科技与文化产业 深度融合，提升公司在科技领域的战略布局。 ...

Market Overview - The gaming sector increased by 1.2% on October 24, with Youzu Interactive leading the gains [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Top Gainers in Gaming Sector - Youzu Interactive (002174) closed at 13.48, up 5.15% with a trading volume of 683,300 shares and a transaction value of 913 million [1] - Shunwang Technology (300113) closed at 24.69, up 3.35% with a trading volume of 154,800 shares and a transaction value of 377 million [1] - Glacier Network (300533) closed at 40.36, up 3.04% with a trading volume of 149,400 shares and a transaction value of 600 million [1] Other Notable Performers - Kaiying Network (002517) closed at 25.01, up 2.67% with a trading volume of 437,200 shares and a transaction value of 1.084 billion [1] - Mingchen Health (002919) closed at 18.30, up 2.52% with a trading volume of 89,100 shares and a transaction value of 163 million [1] Market Capital Flow - The gaming sector experienced a net outflow of 2.7261 million from institutional funds, while retail investors saw a net inflow of 51.0491 million [2] - Major stocks like Youzu Interactive had a net inflow of 97.3706 million from institutional funds, but a net outflow of 59.8944 million from retail investors [3] Summary of Fund Flows - The top three stocks by institutional net inflow were Youzu Interactive, 57.6406 million for 37 Interactive Entertainment, and 48.5471 million for Kaiying Network [3] - Conversely, 37 Interactive Entertainment saw a significant net outflow of 89.3559 million from retail investors [3]