关于控股股东拟协议转让公司部分股份暨权益变动的 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、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 重要内容提示： 凯撒（中国）文化股份有限公司（以下简称"公司"或"凯撒文化"）控股股东凯撒集 团（香港）有限公司（以下简称"凯撒集团"）拟通过协议转让方式向公司董事、总经理何 啸威先生（以下简称"受让方"）转让其持有的公司 47,833,300 股无限售流通股，占公司总 股本的 5.00%，受让方与公司控股股东之间不存在关联关系。 本次协议转让未触及要约收购，不会导致公司控股股东及实际控制人发生变化，不会对 公司财务状况、持续经营情况产生重大影响，同时也不存在损害公司及中小投资者利益的情 形。 本次交易转让双方将严格遵守《上市公司股东减持股份管理暂行办法》《深圳证券交易所 上市公司自律监管指引第 18 号——股东及董事、高级管理人员减持股份》等关于股东减持 限制、信息披露、减持额度的规定。本次交易受让方何啸威承诺自过户登记手续完成后的三 十六个月内不减持本次协议转让所受让的公司股份。 证券代码：002425 证券简称：ST 凯文 公告编号：2025-0 ...

凯撒（中国）文化股份有限公司 简式权益变动报告书 上市公司名称：凯撒（中国）文化股份有限公司 股票上市地点：深圳证券交易所 股票简称：ST 凯文 股票代码：002425 信息披露义务人一名称：凯撒集团（香港）有限公司 信息披露义务人一英文名称：KAISER HOLDINGS（HK）LIMITED 信息披露义务人一地址：香港九龙观塘鸿图道 9 号建业中心 9 楼 902 室 股份变动性质：持股比例减少 信息披露义务人二名称：志凯有限公司 信息披露义务人二英文名称：WEALTH SIGN LIMITED 信息披露义务人二地址：香港九龙观塘鸿图道 9 号建业中心 9 楼 902 室 股份变动性质：持股比例减少 信息披露义务人三名称：郑合明 信息披露义务人三英文名称：CHENG,HOP MING 信息披露义务人三地址：香港九龙观塘鸿图道 9 号建业中心 9 楼 902 室 股份变动性质：持股比例不变 签署日期：二〇二五年八月二十二日 1 信息披露义务人声明 六、本次股份协议转让事项尚需经深圳证券交易所进行合规性确认后方能在中国证券登 记结算有限责任公司深圳分公司办理相关股份过户手续。 2 | 第一节 | 释义 | 4 ...

凯撒（中国）文化股份有限公司 简式权益变动报告书 上市公司名称：凯撒（中国）文化股份有限公司 股票上市地点：深圳证券交易所 股票简称：ST 凯文 股票代码：002425 信息披露义务人名称：何啸威 信息披露义务人地址： 四川省成都市高新区****** 股份变动性质：持股比例增加 签署日期：二〇二五年八月二十二日 信息披露义务人声明 一、本报告书依据《中华人民共和国证券法》 （以下简称《证券法》）、中国证监会 颁布的《上市公司收购管理办法》 （以下简称《收购办法》）、 《公开发行证券的公司信息 披露内容与格式准则第 15 号——权益变动报告书》 （以下简称《准则 15 号》）及相关的 法律、法规及规范性文件编制。 二、本信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违反信 息披露义务人公司章程或内部规则中的任何条款，或与之相冲突。 三、依据《证券法》 《收购办法》和《准则 15 号》的规定，本报告书已全面披露信 息披露义务人在凯撒（中国）文化股份有限公司拥有权益的股份变动情况；截至本报告 书签署之日，除本报告书披露的权益变动信息外，上述信息披露义务人没有通过任何其 说明。 五、信息披露义务人及其决 ...

Core Viewpoint - The controlling shareholder of Caesar (China) Culture Co., Ltd. intends to transfer 47,833,300 shares, representing 5.00% of the total share capital, to the company's director and general manager, He Xiaowei, through a private agreement, without affecting the company's control or financial status [1][2][3]. Summary by Sections 1. Basic Information of the Share Transfer - The share transfer price is set at 3.33 CNY per share, totaling 159,284,889.00 CNY [2]. - After the transfer, the shareholding structure will change, with Caesar Group holding 139,576,197 shares (14.59%) and He Xiaowei holding 48,638,857 shares (5.08%) [2][3]. 2. Background and Purpose of the Transfer - The transfer is based on He Xiaowei's recognition of the company's future development potential and aims to strengthen the core team's commitment to the company [3]. - It is expected to optimize the shareholding structure and improve the company's operational quality for long-term development [3]. 3. Parties Involved - The transferor is Caesar Group (Hong Kong) Limited, established in 1994, with a registered capital of 11,000 HKD [4]. - The transferee, He Xiaowei, is a shareholder, director, and general manager of the company, with the funds for the share purchase sourced from his own or raised funds [4][5]. 4. Main Content of the Share Transfer Agreement - The agreement stipulates that the transfer price is based on the closing price of the shares on the trading day before the agreement was signed [5]. - Payment terms include an initial 10% payment within 15 working days after signing, followed by additional payments contingent on regulatory confirmations and completion of share transfer registration [5][6]. 5. Impact of the Share Transfer on the Company - Post-transfer, Caesar Group will still be the controlling shareholder, and the actual controllers remain unchanged [7]. - The transfer does not trigger a mandatory bid and is not expected to significantly impact the company's financial status or operations [7][8].

凯撒（中国）文化股份有限公司 信息披露义务人二地址：香港九龙观塘鸿图道 9 号建业中心 9 楼 902 室 简式权益变动报告书 上市公司名称：凯撒（中国）文化股份有限公司 股票上市地点：深圳证券交易所 股票简称：ST 凯文 股票代码：002425 信息披露义务人一名称：凯撒集团（香港）有限公司 信息披露义务人一英文名称：KAISER HOLDINGS（HK）LIMITED 信息披露义务人一地址：香港九龙观塘鸿图道 9 号建业中心 9 楼 902 室 股份变动性质：持股比例减少 信息披露义务人二名称：志凯有限公司 信息披露义务人二英文名称：WEALTH SIGN LIMITED 股份变动性质：持股比例减少 信息披露义务人三名称：郑合明 信息披露义务人三英文名称：CHENG,HOP MING 信息披露义务人三地址：香港九龙观塘鸿图道 9 号建业中心 9 楼 902 室 股份变动性质：持股比例不变 签署日期：二〇二五年八月二十二日 信息披露义务人声明 一、本报告书依据《中华人民共和国证券法》（以下简称《证券法》）、中国证监会颁布 的《上市公司收购管理办法》（以下简称《收购办法》）、《公开发行证券的公司信息披露内容 ...

Market Performance - The gaming sector increased by 3.01% on August 22, with Kunlun Wanwei leading the gains [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Individual Stock Performance - Kunlun Wanwei (300418) closed at 44.38, up 20.01% with a trading volume of 2.1688 million shares and a transaction value of 9.047 billion [1] - Shunwang Technology (300113) also saw a rise of 20.00%, closing at 27.24 with a trading volume of 866,700 shares [1] - Other notable performers included ST Dazheng (600892) with a 5.07% increase, and Zhejiang Shuju Culture (600633) with a 3.77% increase [1] Capital Flow Analysis - The gaming sector experienced a net inflow of 1.491 billion in main funds, while retail investors saw a net outflow of 637 million [2][3] - Main funds showed significant interest in Kunlun Wanwei with a net inflow of 1.28 billion, while retail investors had a net outflow of 400 million [3] ETF Performance - The Gaming ETF (product code: 159869) tracked the China Securities Animation and Gaming Index, with a recent five-day increase of 2.53% and a net inflow of 21.067 million [5] - The Food and Beverage ETF (product code: 515170) saw a five-day increase of 3.13% but experienced a net outflow of 23.49 million [5]

Market Overview - On August 18, the gaming sector rose by 1.07% compared to the previous trading day, with Shunwang Technology leading the gains [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] Individual Stock Performance - Shunwang Technology (300113) closed at 23.00, with a gain of 4.83% and a trading volume of 476,000 shares, amounting to a transaction value of 1.068 billion [1] - Other notable performers included: - Fuchun Co., Ltd. (300299) at 7.77, up 3.88% [1] - ST Zhongqingbao (300052) at 11.04, up 3.76% [1] - Xinghui Entertainment (300043) at 4.69, up 3.53% [1] - Xunyou Technology (300467) at 23.61, up 3.37% [1] Capital Flow Analysis - The gaming sector experienced a net outflow of 280 million from institutional investors, while retail investors saw a net inflow of 614 million [2] - Notable capital flows included: - Shunwang Technology had a net inflow of 100 million from institutional investors, but a net outflow of 99.38 million from retail investors [3] - Zhejiang Shuju Culture (600633) saw a net inflow of 88.73 million from institutional investors [3] - Tom Cat (300459) had a net inflow of 39.66 million from retail investors despite a net outflow from institutional investors [3]

Group 1 - The company is increasing its investment in AI development, utilizing AI-generated tools to optimize art design processes and enhance user interaction experiences in its games [2] - The company plans to launch public testing for the games "Zhe Tian World," "All-Star Awakening," and "Ultraman: Battle of Light" in the second half of the year, subject to the publisher's release schedule [2]

Core Viewpoint - The gaming industry in China is experiencing a significant recovery in the first half of the year, as evidenced by the performance forecasts of several A-share gaming companies, with many reporting substantial profit growth or turning losses into profits [1][2]. Financial Performance - ST华通 (Century Huatong) is expected to achieve a net profit of 2.4 billion to 3 billion yuan, representing a growth of 107.20% to 158.00% [2] - 浙数文化 (ZheShu Culture) anticipates a net profit of 330 million to 390 million yuan, with a growth of 124% to 165% [2] - 游族网络 (Youzu Network) forecasts a net profit of 40 million to 60 million yuan, marking an increase of 768.75% to 1203.13% [2] - 完美世界 (Perfect World) and 冰川网络 (Icefire Network) are expected to turn losses into profits, with 完美世界 projecting a profit of 480 million to 520 million yuan [2][6] - ST凯文 (ST Kevin) expects to maintain a loss level similar to last year, with a projected loss of 65 million to 48 million yuan [2] - 电魂网络 (Dianhun Network) anticipates a loss of 11 million to 7.5 million yuan, indicating a shift from profit to loss [2] Cost Control as a Key Factor - Cost control has emerged as a critical factor for gaming companies to avoid losses, with companies like 完美世界 and 冰川网络 attributing their turnaround to reduced investment in underperforming projects [1][4] - High distribution costs have made it challenging for gaming companies to maintain profitability [2][3] Market Environment - The number of game licenses issued in the first half of the year has significantly increased compared to last year, with the domestic mobile game market growing by 20% year-on-year [1][7] - The gaming market is characterized by intense competition, with a focus on product quality as a determinant of success [1][8] Long-term Products and New Releases - Long-standing products are crucial for the stability of gaming companies, providing a solid revenue base amid market growth [7] - New blockbuster games remain essential for driving rapid revenue growth, as seen with ST华通's new release, which has performed exceptionally well in the market [9][10] Industry Trends - The gaming industry is witnessing a recovery in market sentiment, with a notable increase in the issuance of domestic game licenses and the integration of AI technology enhancing operational efficiency [8] - The upcoming release of major titles from leading companies is expected to intensify market competition [10]

Core Viewpoint - Caesar Culture is facing significant financial challenges, with projected net losses for the first half of 2025, despite efforts to launch new game products and a slight revenue recovery in 2024 [2][3]. Financial Performance - The company expects a net profit attributable to shareholders of between -48 million to -65 million yuan for the first half of 2025, a change of -2.84% to -39.26% compared to a loss of 46.67 million yuan in the same period last year [2]. - Revenue for 2021 reached 933 million yuan, but dropped to 620 million yuan and 430 million yuan in 2022 and 2023, representing year-on-year declines of 33.40% and 30.65% respectively [3]. - Cumulative losses over the past two years amounted to 1.451 billion yuan, with losses of 656 million yuan and 795 million yuan in 2022 and 2023 [3]. - In 2024, revenue slightly increased to 454 million yuan, marking a growth of 5.38%, but the company remained in a loss position [3]. Business Operations - The main business of Caesar Culture includes cultural entertainment, copyright operation, and online game development and operation, with significant contributions from subsidiaries Cool Cow Interactive and Tian Shang You Jia [3]. - The company has a strong IP reserve and validated R&D capabilities, positioning itself as a quasi-first-tier player in the industry, aside from major players like Tencent and NetEase [4]. - Upcoming products for 2025 include titles such as "Zhe Tian World," "All-Star Awakening," and "Ultraman: Light Warrior," with plans to innovate in the WeChat mini-game market and embrace AI transformations in the gaming industry [4]. Regulatory and Market Position - Caesar Culture's stock has been under risk warning since September 19, 2024, with its name changed to "ST Kevin" [3]. - The company received an administrative penalty from the Guangdong Regulatory Bureau of the China Securities Regulatory Commission, allowing it to apply for the removal of risk warnings after December 4, 2025 [3].