9月1日，恺英网络（002517）公告，公司当天以集中竞价交易方式回购股份，回购股份数量为456.73万 股，占公司总股本的0.21%，最高成交价为22.74元/股，最低成交价为21.38元/股，成交总金额为9960.2 万元。 此前，恺英网络于8月29日公布回购报告书，公司拟以自有资金或自筹资金，总金额不超过2亿元且不低 于1亿元回购公司股份，回购股份价格不超过29.33元/股。从公告到首次实施，恺英网络回购火速落 地。 恺英网络近年来已多次实施股份回购。另外，恺英网络控股股东及高管团队也在持续增持公司股份。恺 英网络控股股东及相关高管此前承诺，将2024年1月1日至2028年12月31日期间收到的公司税后分红所 得，用于持续每年增持公司股份。 2024年9月5日，相关人员完成2024年现金分红增持，累计增持金额8977.21万元；2025年6月16日，相关 人员完成了2025年第一次现金分红增持，累计增持金额4168.12万元。 回购股份的同时，9月1日下午，恺英网络举行了2025年半年度业绩说明会。今年上半年，恺英网络实现 营业收入25.78亿元，同比增长0.89%；实现归属于上市公司股东的净利润9.5 ...

恺英网络于2025年9月1日首次回购公司股份，迈出了激励计划布局的重要一步。 董事会决议开启回购计划 2025年8月28日，恺英网络股份有限公司召开第五届董事会第十四次会议，审议通过回购公司股份方 案。公司计划以集中竞价交易方式回购股份，用于后期实施股权激励计划、员工持股计划。回购资金总 额不低于10,000万元且不超过20,000万元，回购股份价格上限为29.33元/股，回购期限自董事会审议通 过之日起不超过十二个月。 公司后续将依据市场情况推进回购方案，并按规定及时披露信息。投资者需密切关注相关进展，注意投 资风险。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 点击查看公告原文>> 责任编辑：小浪快报 首次回购情况披露 截至2025年8月 ...

Group 1 - The company, Kaiying Network (002517.SZ), announced its first share buyback on September 1, 2025, through centralized bidding [1] - A total of 4,567,300 shares were repurchased, accounting for 0.21% of the company's total share capital [1] - The highest transaction price was 22.74 CNY per share, while the lowest was 21.38 CNY per share, with a total transaction amount of 99,602,130 CNY (excluding transaction fees) [1] Group 2 - The buyback complies with relevant laws and regulations and aligns with the company's established buyback plan [1]

Core Viewpoint - The report highlights the strong performance of Kaiying Network in H1 2025, driven by the growth of its game box and overseas business, and suggests a buy rating due to the company's increasing investment value through share repurchase and management confidence in future growth [1][5]. Financial Performance - In H1 2025, the company achieved revenue of 2.578 billion yuan, a year-on-year increase of 0.89%, and a net profit attributable to shareholders of 950 million yuan, up 17.41% [2]. - In Q2 2025, revenue was 1.225 billion yuan, a decline of 1.80% year-on-year, while net profit increased by 12.79% to 432 million yuan [2]. Business Growth Drivers - The growth in revenue and net profit is attributed to: 1. Steady operation of classic games like "Original Legend" and "Angel Battle" [2]. 2. Significant growth in game box services, with a 65.33% increase in revenue from information services [2]. 3. Strong overseas performance, with international revenue reaching 202 million yuan, a 59.57% increase, driven by successful game launches [2]. Future Outlook - The company expects the performance of game boxes to gradually improve starting Q3 2025, following exclusive IP authorizations and partnerships with other gaming companies [3]. - The company has a robust pipeline of games across various genres, with 14 games approved for release from January to August 2025 [4]. AI and Technology Initiatives - The company is diversifying into AI, launching an AI development platform for the gaming industry and investing in VR hardware and AI applications [4]. Share Repurchase and Management Confidence - The company plans to repurchase shares with a total fund of 100 million to 200 million yuan, aiming to enhance investment value [5]. - Management has committed to not selling shares from 2024 to 2028 and has already begun increasing their holdings [5]. Earnings Forecast - Revenue projections for 2025-2027 are 6.14 billion, 6.77 billion, and 7.47 billion yuan, with corresponding growth rates of 19.9%, 10.3%, and 10.4% [6]. - Net profit forecasts for the same period are 2.19 billion, 2.52 billion, and 2.82 billion yuan, with growth rates of 34.5%, 14.9%, and 11.9% [6].

Core Viewpoint - The company, Kaiying Network, has approved a share repurchase plan with a total fund amount not exceeding RMB 200 million and not less than RMB 100 million, aimed at implementing future employee stock ownership plans and equity incentive plans [1] Group 1: Share Repurchase Plan - The company will repurchase shares through centralized bidding, with a maximum repurchase price of RMB 29.33 per share and a repurchase period of up to twelve months from the board's approval date [1] - As of August 31, 2025, the company has not yet executed any operations related to the share repurchase [2] - The first repurchase transaction occurred at a price of RMB 21.38 per share, with a total transaction amount of RMB 99,602,130 (excluding transaction fees) [2] Group 2: Compliance and Regulations - The company's share repurchase actions comply with relevant laws and regulations, including the Shenzhen Stock Exchange's self-regulatory guidelines [2] - The company will adhere to disclosure obligations and will announce the progress of the share repurchase in accordance with regulatory requirements [3]

Investment Rating - The report maintains an "Outperform the Market" rating for the media and internet sector [6][44]. Core Views - The industry shows an upward trend with a 2.99% increase, although it underperformed compared to the CSI 300 (4.87%) and the ChiNext Index (11.35%) [16][17]. - Key highlights include the launch of OpenAI's GPT-Realtime voice model, which enhances voice interaction capabilities, and the summer box office surpassing 11.8 billion yuan [2][22]. - The report emphasizes a positive outlook on AI applications and IP trends, suggesting a focus on gaming, advertising media, and film sectors for potential investment opportunities [4][40]. Summary by Sections Industry Performance Review - The media sector increased by 2.99% from August 25 to August 29, 2025, ranking 8th among all sectors [16][17]. - Notable gainers included companies like Sanwei Communication and Shunwang Technology, while ST Huayang and Fuchun Co. saw significant declines [16][17]. Key Highlights - OpenAI launched the GPT-Realtime voice model, which supports image input and offers advanced voice agent solutions [2][20]. - xAI introduced Grok Code Fast1, featuring 314 billion parameters and a processing capability of 92 tokens per second [2][21]. - The summer box office reached 11.8 billion yuan, exceeding last year's total [22]. Industry Data Updates - The box office for the week of August 25 to August 31 was 883 million yuan, with top films including "Catching the Wind" and "The Little Monster of Langlang Mountain" [3][22]. - In the gaming sector, the top-grossing mobile games in July 2025 were "Whiteout Survival" and "Kingshot" from Diandian Interactive [31][32]. Investment Recommendations - The report suggests a focus on gaming, advertising media, and film sectors, highlighting companies like Kaiying Network and Giant Network for their growth potential [4][40]. - It also recommends monitoring the IP trend and AI applications across various sectors, including marketing and education [4][40].

Investment Rating - The investment rating for the company is "Outperform the Market" [6][19]. Core Views - The company has shown steady revenue growth, with a 0.89% year-on-year increase in revenue to 2.578 billion yuan in the first half of 2025, and a 17.41% increase in net profit to 950 million yuan [1][10]. - The product matrix is continuously enriched, with significant growth in overseas business, achieving a 59.6% year-on-year increase in overseas revenue to 202 million yuan [2][14]. - The company is advancing AI applications, launching self-developed AI platforms and new business models, which are expected to create new growth curves [3][19]. Financial Performance - In the first half of 2025, the company achieved a total revenue of 2.578 billion yuan, with a net profit of 950 million yuan, leading to a diluted EPS of 0.44 yuan [1][10]. - For Q2 2025, the company reported a revenue of 1.225 billion yuan, a 1.8% decrease year-on-year, while net profit increased by 12.8% to 432 million yuan [1][10]. - The financial forecast for 2025, 2026, and 2027 projects net profits of 2.268 billion yuan, 2.432 billion yuan, and 2.661 billion yuan respectively, with corresponding diluted EPS of 1.05 yuan, 1.13 yuan, and 1.24 yuan [19][21]. Product and Market Development - The product lineup includes both nostalgic and innovative categories, with successful titles in both segments contributing to revenue growth [2][14]. - The overseas performance of the game "Xianjian Qixia Chuan: New Beginning" has been notable, achieving top rankings in various app stores, which has significantly boosted overseas revenue [2][14]. - The company is also focusing on AI-driven game development and community platforms, which are expected to enhance user engagement and create new revenue streams [3][19].

Group 1 - The company, Kaiying Network, announced a share repurchase plan during its board meeting on August 28, 2025 [1] - The announcement includes details about the top ten shareholders and their respective shareholding percentages as of August 29, 2025 [1] - The company ensures that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1] Group 2 - The top ten shareholders include entities such as Shaoxing Ansheng Enterprise Management Partnership and China Life Insurance [1] - The announcement also lists the top ten unrestricted shareholders, indicating their shareholding numbers and proportions [1] - The company has made the relevant shareholder register available for review [1]

证券代码：002517 证券简称：恺英网络 公告编号：2025-055 恺英网络股份有限公司 关于首次回购公司股份暨进展公告 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。 恺英网络股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日召开了第 五届董事会第十四次会议，审议通过了《关于回购公司股份方案的议案》，公司 将以集中竞价交易方式回购公司股份，用于回购股份的资金总额不超过（含）人 民币 20,000 万元且不低于（含）人民币 10,000 万元；回购股份价格不超过人民 币 29.33 元/股，回购期限自董事会审议通过回购股份方案之日起不超过十二个月， 具体回购数量以回购期满时实际回购的股份数量为准，回购股份用于后期实施股 权激励计划、员工持股计划。上述事项具体内容详见公司 2025 年 8 月 30 日披露 的《第五届董事会第十四次会议决议公告》（公告编号：2025-050）、《关于回 购公司股份方案的公告》（公告编号：2025-052）、《关于以集中竞价交易方式 回购公司股份的回购报告书》（公告编号：2025-053）等相关公告。 根据《上 ...

证券代码：002517 证券简称：恺英网络 公告编号：2025-054 恺英网络股份有限公司 关于回购股份事项前十名股东持股信息的公告 | 序号 | 股东名称 | 持股数量（股） | 持股比例（%） | | --- | --- | --- | --- | | 1 | 绍兴市安嵊企业管理合伙企业（有限合 伙） | 112,477,078 | 5.26 | | 2 | 香港中央结算有限公司 | 94,561,566 | 4.43 | | 3 | 金丹良 | 87,915,237 | 4.12 | | 4 | 金锋 | 80,079,963 | 3.75 | | 5 | 中国人寿保险股份有限公司－传统－ 普通保险产品－005L－CT001 沪 | 40,178,750 | 1.88 | | | 中国民生银行股份有限公司－华夏中 | | | | 6 | 证动漫游戏交易型开放式指数证券投 | 39,826,627 | 1.86 | | | 资基金 | | | | 7 | 信泰人寿保险股份有限公司－传统产 品 | 35,019,800 | 1.64 | | 8 | 中国农业银行股份有限公司－中证 500 | 24,977 ...