Group 1 - The Sora (Wensheng Video) concept rose by 0.39%, ranking fifth among concept sectors, with 16 stocks increasing in value [1] - Notable gainers in the Sora concept include Tianyu Shuke and Jincai Hulian, which hit the daily limit, while Wanjing Technology and Hengfeng Information also saw significant increases of 4.97% and 4.75% respectively [1] - The leading decliners in the sector were Zhongguang Tianze, Yidian Tianxia, and Guotou Intelligent, with declines of 9.07%, 4.77%, and 4.53% respectively [1] Group 2 - The Sora concept received a net inflow of 426 million yuan from main funds, with 17 stocks experiencing net inflows, and 6 stocks seeing inflows exceeding 30 million yuan [2] - Jincai Hulian led the net inflow with 217 million yuan, followed by Tianyu Shuke, ZheShu Culture, and Kunlun Wanwei with net inflows of 170 million yuan, 89.35 million yuan, and 71.33 million yuan respectively [2] - The net inflow ratios for Jincai Hulian, Bori Chuanbo, and ZheShu Culture were 57.43%, 11.80%, and 10.49% respectively [3] Group 3 - The trading performance of Jincai Hulian showed a daily increase of 9.96% with a turnover rate of 5.45%, while Tianyu Shuke increased by 10.07% with a turnover rate of 20.42% [3][4] - Other notable performers included Wanjing Technology with a 4.97% increase and a turnover rate of 8.45%, and Qunxing Toys with a 3.87% increase and a turnover rate of 7.13% [3][4] - The stocks with the largest declines included Zhongguang Tianze, which fell by 9.07%, and Yidian Tianxia, which decreased by 4.77% [5]

| 002174 | 游族网 | 3.23 | 2.80 | 834.66 | 3.47 | | --- | --- | --- | --- | --- | --- | | | 络 | | | | | | 603258 | 电魂网 | 1.20 | 3.55 | 634.94 | 3.65 | | | 络 | | | | | | 30101 1 | 华立科 | 4.00 | 6.33 | 568.84 | 2.50 | | | 技 | | | | | | 300710 | 万隆光 | 3.90 | 4.52 | 519.88 | 7.84 | | | 电 | | | | | | 600358 | ST联合 | 4.99 | 2.63 | 349.24 | 6.28 | | | 星辉娱 | | | | | | 300043 | 乐 | 2.1 1 | 4.01 | 325.26 | 1.93 | | | 智迪科 | | | | | | 301503 | 技 | 0.52 | 3.85 | 1.54 | 0.03 | | 002577 | 雷柏科 | -0.56 | 1.1 1 | -25.32 | -0.42 ...

Market Performance - The Xiaohongshu concept stock increased by 0.08%, ranking 9th among concept sectors, with 23 stocks rising, including Tianyu Shuke, Lionhead Co., and ST United, which hit the daily limit [1] - The top gainers in the Xiaohongshu concept include Kewah Data, Qingmu Technology, and Wajinke, with increases of 7.53%, 5.99%, and 3.97% respectively [1] - The biggest losers in the sector were Zhongguang Tianze, Yidian Tianxia, and Jinhe Shangguan, with declines of 9.07%, 4.77%, and 3.90% respectively [1] Capital Flow - The Xiaohongshu concept saw a net inflow of 161 million yuan from main funds, with 23 stocks receiving net inflows, and 12 stocks exceeding 10 million yuan in net inflow [1] - Tianyu Shuke led the net inflow with 170 million yuan, followed by Meiri Hudong, Huibo Yuntong, and Kewah Data, with net inflows of 55.78 million yuan, 45.26 million yuan, and 33.34 million yuan respectively [1] - In terms of capital inflow ratios, Lionhead Co., Xuanya International, and Yakang Co. had the highest ratios at 25.56%, 8.99%, and 8.29% respectively [2] Stock Performance - Tianyu Shuke had a daily increase of 10.07% with a turnover rate of 20.42% and a main fund flow of 170.19 million yuan [2] - Other notable performers included Meiri Hudong with a 3.85% increase and a turnover rate of 26.68%, and Huibo Yuntong with a 2.40% increase and a turnover rate of 10.35% [2] - The overall market saw various stocks with significant declines, including Zhongguang Tianze with a drop of 9.07% and a main fund outflow of 39.03 million yuan [5]

Market Overview - The Shanghai Composite Index closed at 3294.02 points, slightly below the half-year line, with a change of -0.03% [1] - The total trading volume of A-shares reached 7286.82 billion yuan [1] Stocks Breaking Half-Year Line - A total of 73 A-shares have surpassed the half-year line today, with notable stocks including: - Langfang Development with a deviation rate of 8.35% - Proya Cosmetics at 6.68% - Tianyu Digital Science at 6.08% [1] Top Stocks by Deviation Rate - The following stocks have the highest deviation rates from the half-year line: - Langfang Development: 9.95% increase, latest price 4.86 yuan, half-year line 4.49 yuan [1] - Proya Cosmetics: 9.11% increase, latest price 92.43 yuan, half-year line 86.64 yuan [1] - Tianyu Digital Science: 10.07% increase, latest price 6.56 yuan, half-year line 6.18 yuan [1] Additional Stocks with Notable Performance - Other stocks with significant performance include: - Yintu Network: 13.08% increase, latest price 35.71 yuan, half-year line 33.78 yuan [1] - Jinneng Technology: 9.93% increase, latest price 6.09 yuan, half-year line 5.76 yuan [1] - Tianzhou Culture: 6.00% increase, latest price 4.59 yuan, half-year line 4.35 yuan [1]

AI应用方向展开反弹 天娱数科、掌阅科技双双涨停 智通财经4月28日电，AI应用方向展开反弹，游戏股领涨，天娱数科、掌阅科技双双涨停，盛天网络涨 超10%，完美世界、昆仑万维、幸福蓝海、视觉中国、恺英网络、游族网络、巨人网络等跟涨。 ...

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： 1、本次解除限售的股份为天娱数字科技（大连）集团股份有限公司（原"大 连天神娱乐股份有限公司"，以下简称"公司"）2017 年非公开发行的部分股份， 本次解除限售的股份数量为 2,973,264 股，占公司股份总数 1,654,585,820 股的 0.18%。 股票代码：002354 股票简称：天娱数科 编号：2025—021 天娱数字科技（大连）集团股份有限公司 非公开发行股份上市流通的提示性公告 2、本次限售股份可上市流通日为：2025 年 4 月 30 日。 一、公司 2017 年非公开发行情况及股本变化情况 1、2016 年 12 月 15 日，公司收到中国证券监督管理委员会核发的《关于核 准大连天神娱乐股份有限公司向王玉辉等发行股份购买资产并募集配套资金的 批复》（证监许可〔2016〕3080 号），2017 年 4 月，公司向 10 名北京幻想悦游 网络科技有限公司（以下简称"幻想悦游"）股东、11 名北京合润德堂文化传媒 股份有限公司（以下简称"合润传媒"）股东合计发行 29,569, ...

中信建投证券股份有限公司 关于天娱数字科技（大连）集团股份有限公司 非公开发行股份上市流通的核查意见 中信建投证券股份有限公司（以下简称"中信建投"或"本独立财务顾问"）作 为天娱数字科技（大连）集团股份有限公司（以下简称"天娱数科"、"上市公司" 或"公司"）重大资产重组的独立财务顾问，根据《上市公司重大资产重组管理办 法》《上市公司证券发行管理办法》等有关规定和要求，对公司股东中宁波初动 股权投资管理合伙企业（有限合伙）（以下简称"宁波初动"）申请对所持股份进 行解除限售的相关情况进行了核查，并发表意见如下： 一、公司 2017 年非公开发行及股本变化情况 1、2016 年 12 月 15 日，公司收到中国证券监督管理委员会核发的《关于核 准大连天神娱乐股份有限公司向王玉辉等发行股份购买资产并募集配套资金的 批复》（证监许可〔2016〕3080 号），2017 年 4 月，公司向 10 名北京幻想悦游网 络科技有限公司（以下简称"幻想悦游"）股东、11 名北京合润德堂文化传媒股份 有限公司（以下简称"合润传媒"）股东合计发行 29,569,706 股股份购买相关资产。 上述非公开发行新增股份于 2017 ...

光大证券股份有限公司 关于天娱数字科技（大连）集团股份有限公司 重大资产重组非公开发行股份解除限售的核查意见 经中国证券监督管理委员会《关于核准大连天神娱乐股份有限公司向王玉辉 等发行股份购买资产并募集配套资金的批复》（证监许可〔2016〕3080 号）核 准，大连天神娱乐股份有限公司（现更名为天娱数字科技（大连）集团股份有限 公司，以下简称"天娱数科"、"上市公司"或"公司）于 2017 年完成发行股 份及支付现金购买资产并募集配套资金的重大资产重组。光大证券股份有限公司 （以下简称"光大证券"）接受上市公司的委托，担任上市公司该次重大资产重 组的独立财务顾问。根据《上市公司重大资产重组管理办法》、《深圳证券交易 所股票上市规则》等法律、法规及有关规范性文件的要求，光大证券对天娱数科 本次重大资产重组非公开发行股份解除限售事项进行了审慎核查，现将核查情况 及核查意见发表如下： 一、公司 2017 年非公开发行情况及股本变化情况 1、2016 年 12 月 15 日，公司收到中国证券监督管理委员会核发的《关于核 准大连天神娱乐股份有限公司向王玉辉等发行股份购买资产并募集配套资金的 批复》（证监许可〔2016〕 ...

Core Viewpoint - Tianyu Digital Science (002354) is experiencing performance improvement driven by AI technology after two years of goodwill impairment and long-term equity investment losses [1] Financial Performance - In Q1 2025, the company reported a net profit of 5.5 million yuan, achieving a turnaround from losses [1] - For the full year 2024, revenue was 1.579 billion yuan, with a net loss of 118 million yuan, significantly narrowing from a loss of 1.08 billion yuan in 2023, a reduction of 89.15% [1] - The company's gross profit margin has increased for three consecutive years, with a 4.32% year-on-year increase in the data traffic business margin, indicating improved cost control and operational efficiency [1] AI Contribution - AI technology has significantly contributed to business performance, with the AI marketing SaaS platform generating a large volume of AI scripts and short videos, and AI live interaction accounting for 82.49% of operations [1][2] - The AI marketing SaaS platform produced over 30,500 script materials, with more than 6,700 effective scripts generated by AI, representing 22.07% [2] - The platform also created 2.004 million short videos, with over 188,000 generated by AI, accounting for 9.4% [2] User Growth and Platform Development - The mobile application distribution PaaS had 336 million registered users by the end of last year, with an increase of approximately 24 million users year-on-year, and over 7,600 applications available on the platform [3] - The company is advancing the development of the embodied intelligence platform Behavision, which was showcased at CES 2025 [3] Cash Flow and Competitive Landscape - The company faced cash flow pressure, with a 6564.59% year-on-year decrease in net cash flow from operating activities in 2024, primarily due to unreceived payments from data traffic business [4] - However, Q1 2025 showed a 97.97% increase in net cash flow from operating activities, attributed to improved cash collection from accounts receivable [4] - In the AI marketing sector, the company competes with giants like Baidu, ByteDance, and BlueFocus (300058), but its AI model scale and data accumulation are relatively small, raising concerns about its competitive sustainability [4]

Market Overview - The A-share market experienced fluctuations with mixed performance among the three major indices, resulting in 71 stocks hitting the daily limit up and 64 stocks failing to do so, leading to an overall limit-up rate of 64.96% [1] Top Gainers - Huayin Power had the highest limit-up order volume at 710,700 hands, followed by Dongbei Group and Nanguo Real Estate with limit-up order volumes of 525,400 hands and 442,400 hands respectively [2] - In terms of limit-up order amounts, seven stocks exceeded 100 million yuan, with Tuo Wei Information, Dongbei Group, and Huayin Power leading at 503 million yuan, 357 million yuan, and 301 million yuan respectively [2] Electric Power Sector - The electric power sector saw a collective surge with several stocks hitting the limit up, including Huayin Power, Xichang Power, Huadian Liaoning Energy, Changyuan Power, Mingxing Power, and Shaoneng Co [3] - Huayin Power is noted as the only listed power generation financing platform in Hunan, primarily engaged in power production and sales, including wind power business [3] Electric Power Equipment Sector - The electric power equipment sector also had notable gainers, including Bofei Electric, Jiuzhou Group, Jixin Technology, and Zhongdian Xinlong [5] - Bofei Electric is recognized as a leading domestic provider of electrical insulation materials, capable of offering complete insulation system designs tailored to wind turbine specifications [5] Computing Power Sector - The computing power sector featured stocks such as Hongbo Co., Zhongdian Xinlong, Tianyu Digital Technology, ST Guangwang, and Tuo Wei Information hitting the limit up [6] - Hongbo Co. operates a subsidiary that is the sole designated operator of the AI Innovation Empowerment Center in Beijing, collaborating with Nvidia across various fields [6] Investment Trends - Tuo Wei Information recorded a net purchase of 729 million yuan on the day, leading the net buying list, followed by Satellite Chemistry and Jiuzhou Group with net purchases of 685 million yuan and 196 million yuan respectively [7] - Among institutional special seats, Tuo Wei Information, Satellite Chemistry, and Jiuzhou Group were the top three in net purchases, amounting to 139 million yuan, 95.9 million yuan, and 41.8 million yuan respectively [7]