Core Points - The company, Caesar (China) Culture Co., Ltd., held its 18th meeting of the 8th Board of Directors on September 26, 2025, where it approved a proposal to apply for bank credit with asset collateral [1][4] - The total credit limit obtained from a banking syndicate consisting of Bank of Communications Shantou Branch and Guangzhou Bank Shantou Branch is RMB 75 million [4] - The collateral for the credit includes self-owned properties in Shantou, Wuxi, and Kunming, with a book value of RMB 164.51 million, representing 4.83% of the company's most recent unaudited total assets [5] Summary by Sections Meeting Details - The meeting was convened by Chairwoman Zheng Yashan, with all 9 directors present, and was conducted in compliance with relevant laws and regulations [1] Credit Application and Collateral - The company applied for a total credit limit of RMB 75 million, which is part of a previously approved total credit limit of RMB 500 million [4] - The collateral provided for this credit includes properties located in Shantou, Wuxi, and Kunming [4] Impact on Operations - The credit application aims to ensure stable business operations and meet financing needs, aligning with the company's development goals without harming shareholder interests [5]

Group 1 - ST Kevin (SZ 002425) held its 18th meeting of the 8th Board of Directors on September 26, 2025, to discuss the proposal for applying for bank credit with asset collateral [1] - For the first half of 2025, ST Kevin's revenue composition was 97.66% from the cultural and entertainment industry and 2.34% from other businesses [1] - As of the report date, ST Kevin's market capitalization was 3.7 billion yuan [1] Group 2 - There has been a significant increase in demand for new insurance products, with a reported growth of 33 times over five years, attracting over 30 insurance companies to enter the market [1]

股票代码：002425 证券简称：ST凯文 公告编号：2025-057 凯撒(中国)文化股份有限公司 关于向银行申请授信提供资产抵押的公告 截至2025年09月30日，上述抵押资产的账面价值为16,450.78万元，占公司最近一期未经 审计总资产的4.83%。 截至本公告披露日，此次贷款授信抵押资产不存在其他形式的抵押、质押或任何第三方 权利，不涉及重大争议、诉讼或仲裁事项，亦不存在查封、冻结等司法措施。 三、对公司经营的影响 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 一、申请授信及提供抵押情况的概述 凯撒（中国）文化股份有限公司（以下简称"公司"）于2025年9月26日召开第八届董 事会第十八次会议审议通过了《关于向银行申请授信提供资产抵押的议案》，根据公司日常 经营业务的资金需求，公司向交通银行股份有限公司汕头分行（以下简称"交通银行"）和 广州银行股份有限公司汕头分行（以下简称"广州银行"）组成的项目银团申请并取得银行 综合授信额度合计为人民币7,500万元；上述授信额度已包含在2025年4月28日第八届董事会 第十四次会议审议通过的《关于向银行 ...

凯撒（中国）文化股份有限公司（以下简称"公司"、"凯撒文化"）第八届董事会第十八 次会议于 2025 年 9 月 26 日以现场结合通讯表决的方式召开。会议通知于 2025 年 9 月 25 日 以电子邮件送达全体董事和高级管理人员。本次会议由董事长郑雅珊女士召集，会议应出席 的董事 9 人, 实际出席董事 9 人。本次会议的召集和召开符合《公司法》和《公司章程》的 有关规定，合法有效。会议经过讨论，作出如下决议： 一、会议以 9 票同意、0 票弃权、0 票反对的表决结果，审议通过《关于向银行申请授信 提供资产抵押的议案》。 具体内容详见同日披露于《证券时报》《中国证券报》《上海证券报》《证券日报》和巨潮 资讯网（http://www.cninfo.com.cn）的公告。 证券代码：002425 证券简称：ST 凯文 公告编号：2025-056 凯撒（中国）文化股份有限公司 第八届董事会第十八次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈 述或者重大遗漏。 特此公告。 凯撒（中国）文化股份有限公司董事会 2025 年 9 月 26 日 ...

Market Overview - On September 22, the gaming sector rose by 0.16% compared to the previous trading day, with ST Huatuo leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - ST Huatuo (002602) closed at 19.81, with a gain of 4.98% and a trading volume of 1.495 million shares, amounting to a transaction value of 2.924 billion [1] - Other notable gainers included *ST Dazheng (600892) with a 4.08% increase and ST Kaiwen (002425) with a 3.33% increase [1] - Conversely, 37 Interactive Entertainment (002555) saw a decline of 5.52%, closing at 22.24, with a trading volume of 1.5908 million shares and a transaction value of 3.588 billion [2] Capital Flow Analysis - The gaming sector experienced a net outflow of 1.484 billion from institutional investors, while retail investors saw a net inflow of 1.582 billion [2][3] - ST Huatuo had a net inflow of 2.26 billion from institutional investors, while retail investors had a net outflow of 960.133 million [3] ETF Performance - The gaming ETF (product code: 159869) tracking the China Securities Animation and Gaming Index increased by 3.64% over the past five days, with a net inflow of 17.632 million [5] - The food and beverage ETF (product code: 515170) decreased by 2.31%, with a net outflow of 24.043 million [5]

Group 1 - The company held an online investor meeting to address concerns regarding its operations, product launches, and financial status [1] - Several upcoming games are set to launch, including "The World of the Sky," "All-Star Awakening," and "Ultraman: The Light Warrior," with Tencent and Chao Xi Guang Nian as publishers [2] - The sale of investment properties aims to optimize the asset structure without changing the main business focus, and the properties have not yet been sold [3] Group 2 - The company raised 800 million for game development, with cumulative returns of 181.61 million as of the first half of 2025, and no losses have been recognized for unlaunched projects [4] - The overseas market has become a significant revenue component, with products like "Romance of the Three Kingdoms 2017" and "Saint Seiya: Awakening" generating stable income in Japan and South Korea [5] - Despite operational pressures, the company reported positive revenue growth year-on-year, and plans to expedite game launches to meet annual targets [6]

Product Development and Launch - The company plans to launch several new products, including "Zhetian World," "All-Star Awakening," and "Ultraman: Warrior of Light," with specific release dates to be announced by Tencent [1][4] - "One Piece: Gathering" is also set to be released, with the launch date dependent on the publisher [3] Financial Performance and Goals - As of the 2025 mid-year report, the company has generated a total revenue of 181.61 million from its fundraising projects, with no losses recorded from projects that failed to launch [5] - The company aims for a revenue growth rate of no less than 20% based on 2024 figures, with a target gross profit of at least 10 million for 2025 [7] Market Expansion - The overseas market has become a significant revenue source, with successful products in regions such as Japan, South Korea, and Southeast Asia [6] - The company’s mission is to maintain its position as a leading interactive entertainment platform, while its vision focuses on creating a trusted brand and limitless interactive experiences [2] Stock and Corporate Governance - The company is addressing stock price volatility through improved management and strategic initiatives, aiming for a better understanding of its value in the capital market [7] - The CEO's acquisition of company shares is progressing normally, funded by personal or self-raised capital, pending compliance review by the Shenzhen Stock Exchange [10] Asset Management - The company has a goodwill of 1.391 billion, which will be tested for impairment as per regulatory requirements [9] - The sale of investment properties is aimed at optimizing the asset structure without altering the main business focus [1]

Market Overview - On September 18, the gaming sector declined by 1.56%, with Xinghui Entertainment leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Individual Stock Performance - Xinghui Entertainment (300043) closed at 7.17, down 6.88%, with a trading volume of 2.0662 million shares and a turnover of 1.518 billion yuan [2] - Other notable declines include: - Shenzhou Taiyue (300002) down 4.95% to 14.20 with a turnover of 1.763 billion yuan [2] - Bingchuan Network (300533) down 4.55% to 40.52 with a turnover of 994 million yuan [2] - Conversely, Xunyou Technology (300467) saw an increase of 5.61%, closing at 27.10 with a turnover of 927 million yuan [1] Capital Flow Analysis - The gaming sector experienced a net outflow of 1.72 billion yuan from major funds, while retail investors contributed a net inflow of 1.439 billion yuan [2] - Speculative funds saw a net inflow of 281 million yuan into the gaming sector [2]

一、关于非独立董事辞职的情况 凯撒（中国）文化股份有限公司（以下简称"公司"）董事会于近日收到公司非独立 董事郑紫蔓女士的书面辞职报告，因公司治理架构调整原因，郑紫蔓女士申请辞去公司第八 届董事会非独立董事职务。辞去董事职务后，郑紫蔓女士在公司的其他职务不变。郑紫蔓女 士的辞职不会导致公司董事会人数低于法定最低人数，其辞职报告自送达公司董事会之日起 生效。 二、关于选举职工代表董事的情况 公司于2025年9月15日召开职工代表大会，经与会职工代表审议，会议选举周路明先生（简 历详见附件）担任公司第八届董事会职工代表董事，任期自本次职工代表大会通过之日起至 公司第八届董事会任期届满之日止。 周路明先生符合《公司法》《公司章程》规定的有关职工代表董事任职资格和条件。周 路明先生当选公司职工代表董事后，公司第八届董事会中兼任公司高级管理人员以及由职工 代表担任的董事人数未超过公司董事总数的二分之一，符合相关法律法规及《公司章程》的 规定。 股票代码：002425 股票简称：ST凯文 公告编号：2025-055 凯撒(中国)文化股份有限公司 关于董事辞职暨选举职工代表董事的公告 本公司及董事会全体成员保证信息披露的内 ...

证券代码：002425 证券简称：ST凯文 公告编号：2025-054 凯撒（中国）文化股份有限公司 2025年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 特别提示 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 9 月 15 日上午 9： 15－9：25，9:30—11:30 和下午 13：00－15：00；通过深圳证券交易所互联网投票系统投 票的具体时间为：2025 年 9 月 15 日 9:15-15:00 期间的任意时间。 2、本次会议由公司董事会召集，公司董事长郑雅珊女士主持本次股东会会议。2025年8 月28日，公司董事会在《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）刊登了《凯撒（中国）文化股份有限公司关于召开2025 年第一次临时股东大会的通知》。会议召集、召开程序符合《公司法》《上市公司治理准则》 《深圳证券交易所上市公司自律监管指引第1号—主板上市公司规范运作》等相关法律法 规、规范性文件以及《公司章程》的规定，会议合法 ...