受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我 近日，备受关注的股民诉浙江世纪华通（维权）集团股份有限公司（证券简称：世纪华通，代码： 002602）证券虚假陈述案持续推进，原告代理人之一、曾代理投资者告赢130余家上市公司并获赔的浙 江裕丰律师事务所厉健律师表示，又代理部分股民向法院提交起诉材料。（厉健律师专栏） 案情回溯，2024年11月6日晚，世纪华通发布《关于收到<行政处罚决定书>的公告》。公告显示，证监 会查明，世纪华通违法的事实如下：一、2018-2022年年报商誉有关情况存在虚假记载。（一）2018年 未按规定执行商誉减值测试，导致2018年年报少计提商誉减值准备6，236.30万元，虚增利润6，236.30 万元，占当年利润总额的5.94%。（二）2019-2022年年报商誉原值披露错误，商誉原值高估12，206.95 万元。（三）2019-2022年年报报告分部的披露不符合会计准则的规定，未将点点作为单独的报告分部 进行披露。（四 ...

Core Insights - The report emphasizes that in 2026, the media internet sector will undergo a dual reconstruction driven by the transition from AI as a "technical infrastructure" to "application deep water zone," focusing on entry form migration, distribution rule repricing, and supply-side capacity explosion [1][11] - AI Agents are set to replace traditional apps as the new super entry point, shifting the traffic distribution logic from "time capture" to "efficient execution" [1][12] - AIGC (AI-Generated Content) is expected to lead to a significant increase in content production capacity, with zero marginal cost production becoming a reality, thus redefining the value of quality data and IP [1][11] Group 1: AI Agents and Traffic Distribution - AI Agents signify a generational leap in human-computer interaction, evolving from GUI to IUI, fundamentally changing the traffic distribution logic [1][12] - The traditional "click-jump" model is being replaced by a "dialogue-execute" paradigm, where AI Agents understand user intent and execute tasks across applications [1][12] - The emergence of AI Agents is expected to create a new operational layer that could potentially replace single apps as the primary distribution entry point [1][12][19] Group 2: AIGC and Content Supply - AIGC is anticipated to transition from a phase of "cost reduction and efficiency enhancement" to a "new demand creation" explosion by 2026, significantly increasing content supply [1][41] - The production barriers for video, 3D, and gaming assets are expected to lower drastically, leading to a surge in content supply and a devaluation of mediocre content [1][41] - Content consumption is evolving from passive viewing to active engagement, with new formats like "generative interactive dramas" and "AI companion games" emerging [1][43] Group 3: Investment Recommendations - The investment strategy in the media internet sector is shifting towards high-quality assets in both traffic distribution and content supply, focusing on companies that can effectively capture user intent and provide quality content [1][41] - Companies with operational system bases or super Agent platforms are likely to gain new traffic distribution rights and bargaining power, while mid-tier apps lacking exclusive content may face risks of being "pipelined" [1][19] - Key players in the AI Agent space include Alibaba, Tencent, and ByteDance, which are actively developing their AI capabilities to secure new traffic entry points [1][25][40]

证券日报网讯1月8日，世纪华通（002602）在互动平台回答投资者提问时表示，若公司经营业绩符合业 绩预告披露要求，公司将按照相关规定的要求，严格履行信息披露义务。 ...

证券日报网1月8日讯，世纪华通（002602）在接受调研者提问时表示，SLG赛道公司已经具备了相当大 的体量，休闲品类是公司未来的核心增长点。休闲游戏的核心优势在于生命周期极长。休闲品类的特点 是起量相对较慢，但一旦成功起量，就很难出现大幅下滑的情况，流水的稳定性非常高。 ...

证券日报网1月8日讯 ，世纪华通（002602）在接受调研者提问时表示，公司会综合考虑目前的发展阶 段及态势，结合公司的具体情况，努力以最优方式回报广大投资者。 ...

Group 1 - The core strategy of the company is data-driven decision-making [1] - The overseas casual gaming market has a more diversified platform for investment compared to the domestic market, and it is larger in scale [1] - The company views international expansion as its primary battlefield for the future [1]

证券日报网1月8日讯，世纪华通（002602）在接受调研者提问时表示，公司在新产品的投入上，不会做 过多的主观判断和选择。公司的核心策略，是在产品本身不断进行更新和提升，而不是为了推动新游戏 的上线，就不惜一切代价，甚至接受长期的亏损。TTM和《TruckStar》这两款产品的成功，正是点点 游戏研发方法论的集中体现。目前，点点的游戏储备非常充足。 ...

证券日报网1月8日讯，世纪华通（002602）在接受调研者提问时表示，2026年点点的团队规模不会出现 大规模的扩张。公司会根据业务的需要，适当补充一些人员，但不会进行大规模的招聘。除非，有新 的、非常有潜力的品类，或者超级爆款产品出现，才会考虑扩大团队规模。 ...

Core Insights - The company confirmed that it will recognize IP licensing profits for only half of 2025, with full-year recognition expected in 2026, marking a significant growth opportunity [1] - The company's strategy to revitalize older products is anticipated to continue driving performance growth in the coming years [1]

Core Viewpoint - The company indicates that profit margins are dynamic and vary monthly, influenced by product lifecycle and investment ratios [1] Profit Margin Insights - Profit margins are affected by two main factors: the lifecycle of products and the ratio of investment [1] - Different products at various stages of their lifecycle exhibit significant differences in profit margin levels [1] - The investment ratio directly impacts the current profit margin, with adjustments made based on product performance each month [1] Investment Recovery Period - The company states that all recovery cycles are relatively stable, with leisure products having longer lifecycles allowing for extended recovery periods [1]