Group 1 - The core viewpoint of the news is that Century Huatong's stock has experienced fluctuations, with a notable decline in recent trading days despite a significant increase in stock price year-to-date [1] - As of December 26, Century Huatong's stock price was 16.98 yuan per share, with a market capitalization of 125.176 billion yuan and a trading volume of 598 million yuan [1] - The company has seen a year-to-date stock price increase of 230.35%, but has declined by 2.30% in the last five trading days, 5.61% in the last 20 days, and 18.83% in the last 60 days [1] Group 2 - Century Huatong's main business includes network game development and operation, as well as the research, manufacturing, and sales of various automotive parts and related molds [1] - The revenue composition of Century Huatong is as follows: mobile games 84.70%, computer games 9.85%, automotive parts 4.11%, web games 0.76%, others 0.55%, and cloud data services 0.04% [1] - As of September 30, Century Huatong's revenue for the first nine months of 2025 was 27.223 billion yuan, a year-on-year increase of 75.31%, with a net profit of 4.357 billion yuan, up 141.65% year-on-year [2] Group 3 - Century Huatong has not distributed any dividends in the last three years, with a total payout of 710 million yuan since its A-share listing [3] - As of September 30, 2025, the number of shareholders of Century Huatong was 159,100, an increase of 48.40% from the previous period [2] - The largest circulating shareholder, Hong Kong Central Clearing Limited, held 111 million shares, a decrease of 3.3097 million shares compared to the previous period [3]

Group 1 - The Ministry of Commerce of China has expressed strong opposition to the U.S. decision to impose 301 tariffs on certain Chinese semiconductor products, stating that it does not recognize the conclusions of the U.S. investigation and has lodged formal protests through the China-U.S. economic and trade consultation mechanism [1] - The Ministry of Commerce emphasized its commitment to maintaining the stability of global supply chains and facilitating compliant trade, while also addressing the potential relaxation of restrictions on rare earth magnet exports to the U.S. [1] - Regarding TikTok's establishment of a joint venture in the U.S., the Chinese government hopes for a solution that aligns with Chinese laws and regulations while balancing interests [1] Group 2 - The Guotou Silver LOF fund announced a suspension of trading from December 26, 2025, at 10:30 AM due to its market price being significantly higher than its net asset value, which could lead to substantial losses for investors [2] - The fund has set a limit of 100.00 yuan for regular investment amounts in its A-class shares, with changes to large regular investment business starting on December 29, 2025 [2] Group 3 - Xiaomi has officially launched the Xiaomi 17 Ultra, which is the thinnest Ultra model to date at 8.29 mm, priced starting at 6,999 yuan for the 12GB+512GB version, with sales commencing on December 27 [3] Group 4 - The Shanghai Stock Exchange has released the schedule for the annual report pre-disclosure, with Chipway Technology set to disclose its report on February 3, 2026, leading the list [4][5] Group 5 - The National Development and Reform Commission is set to announce the establishment of a "carrier-level" national venture capital guidance fund, which is expected to mobilize nearly 1 trillion yuan in investments focused on hard technology [6] Group 6 - There are rumors regarding Jian Nan Chun's potential acquisition of Shui Jing Fang, but both companies have denied receiving any related acquisition information, indicating that their operations are normal [8] Group 7 - The National Tobacco Monopoly Administration is seeking opinions on a draft notice aimed at promoting supply-demand balance in the e-cigarette market, which includes regulating annual production scales based on market orders [9] Group 8 - Major silicon wafer manufacturers have significantly raised their prices, with increases averaging 12%, attributed to rising costs of upstream silicon materials [10] Group 9 - In December, 144 domestic games were approved, indicating a high level of industry activity, with major companies like Tencent and others receiving approvals [13] - The domestic gaming market is projected to reach 350.79 billion yuan in actual sales revenue by 2025, with a year-on-year growth of 7.68% [13]

证券日报网讯 12月25日，大众公用在互动平台回答投资者提问时表示，华璨基金是一家在基金业协会 备案的私募基金投资主体，公司是华璨基金的有限合伙人。华璨基金的投资经营活动受到基金业相关监 管规则约束。华璨基金对于世纪华通的投资及退出按照华璨基金自身的决策程序进行。 （编辑 丛可心 袁冠琳） ...

Core Insights - The overseas market remains a key focus for the Chinese gaming industry, with actual sales revenue from self-developed games reaching $9.501 billion in the first half of 2025, marking an 11.07% year-on-year growth [1] - Major companies like Tencent and NetEase have reported significant revenue growth from international markets, with Tencent's international market revenue increasing by 43% and NetEase's deferred revenue growing by 25.3% to 19.47 billion yuan [3] - The trend indicates that by 2025, the overseas revenue from Chinese self-developed games is expected to exceed $20 billion, highlighting the increasing demand for Chinese games abroad [3] Group 1 - Tencent is recognized as a leading player in the overseas market, but Century Huatong has been named the "first factory" for overseas expansion in 2025 [4] - The "Top 50 Global Mobile Game Publishers" list includes nine Chinese companies, showcasing the competitive landscape and the presence of Chinese firms in the global market [5] - Century Huatong's success is attributed to several hit mobile games, particularly in the SLG genre, which remains popular in emerging markets [8] Group 2 - Companies like Haipi Games and Lemon Microfun are capitalizing on casual gaming trends, targeting light players, particularly women, with games that are easy to pick up and play [10][12] - The second dimension of gaming, particularly in the overseas market, is still developing, with companies like MiHoYo maintaining a loyal player base despite not being as dominant as in previous years [16] - The success of games like "Yanyun Sixteen Sounds" on platforms like Steam indicates a growing interest in Chinese martial arts games, suggesting a potential new direction for Chinese games in international markets [30][32] Group 3 - The overseas gaming market is evolving, with trends showing a shift towards quality, culture, and gameplay, moving away from a more crude approach [37] - The combination of martial arts themes, immersive experiences in second-dimensional games, and detailed narratives in female-oriented games are shaping the new landscape of Chinese games abroad [37] - Future challenges for companies will include balancing global adaptation with local expression while leveraging cultural advantages for sustained commercial competitiveness [37]

证券之星消息，12月25日游戏板块较上一交易日上涨0.51%，*ST大晟领涨。当日上证指数报收于3959.62，上涨0.47%。深证成指报收于 13531.41，上涨0.33%。游戏板块个股涨跌见下表： | 涨幅前10个股 | | --- | | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600892 | *ST大晟 | 3.61 | 4.94% | 13.28万 | - 4667.78万 | | 300113 | 顺网科技 | 19.86 | 2.37% | 15.83万 | - 3.12 乙 | | 002602 | 世纪委通 | 17.33 | 1.88% | 104.42万 | 17.92亿 | | 002517 | 恺英网络 | 22.07 | 1.19% | 38.71万 | 8.48亿 | | 300052 | ST中青宝 | 12.32 | 1.15% | 4.49万 | 5501.45万 | | 300467 | 迅游科技 | 27.93 | 1.05% | 5.15万 | ...

Core Viewpoint - Century Huatong's stock price has shown significant volatility, with a year-to-date increase of 237.74%, but recent trends indicate a decline over the past 20 and 60 days [2]. Group 1: Stock Performance - As of December 25, Century Huatong's stock price rose by 2.06% to 17.36 CNY per share, with a trading volume of 1.166 billion CNY and a turnover rate of 1.00%, resulting in a total market capitalization of 127.977 billion CNY [1]. - The stock has experienced a 3.64% increase over the last five trading days, but a decline of 4.04% over the last 20 days and 15.73% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Century Huatong reported a revenue of 27.223 billion CNY, reflecting a year-on-year growth of 75.31%, and a net profit attributable to shareholders of 4.357 billion CNY, which is a 141.65% increase year-on-year [2]. - The company has cumulatively distributed 710 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Century Huatong reached 159,100, an increase of 48.40% from the previous period, while the average number of circulating shares per shareholder decreased by 32.85% to 43,073 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 110 million shares, a decrease of 3.3097 million shares compared to the previous period [3].

2024年11月6日，世纪华通公告收到证监会《行政处罚决定书》，经查明，世纪华通违法事实如下： 登录新浪财经APP 搜索【信披】查看更多考评等级 2025年12月18日，上海久诚律师事务所股票索赔律师许峰律师代理的际华集团（维权）（601718）投资 者索赔案再向法院提交一次立案，此前已多次提交立案，目前正在等待法院的下一步安排。律师团队还 在继续推进后续案件的立案工作，还在继续接受其他投资者的索赔委托。（许峰律师专栏） 2025年8月8日晚，际华集团公告于2025年8月8日收到证监会下发的《立案告知书》，因公司涉嫌信息披 露违法违规，根据《证券法》《行政处罚法》等法律法规，证监会决定对公司立案。 许峰律师认为，在2025年8月9日之前买入际华集团股票，并在2025年8月9日后卖出或继续持有股票的投 资者，目前还可发起索赔。（际华集团维权入口） 除了际华集团投资者索赔案再次提交法院立案2025年12月23日，许峰律师代理的部分世纪华通（维权） （002602）投资者索赔案再次提交绍兴市中级人民法院立案，律师团队同步也还在持续接受其他投资者 的索赔委托。需要特别提示的是，许峰律师代理的前期部分世纪华通投资者索赔 ...

Core Viewpoint - The news discusses ongoing legal actions regarding investor claims against Jihua Group and Century Huatong due to alleged violations of information disclosure laws and false financial reporting [1][3][5]. Group 1: Jihua Group - On December 18, 2025, a lawyer representing Jihua Group investors submitted another claim to the court, following multiple previous submissions, and is awaiting further court arrangements [1]. - Jihua Group received a notice from the China Securities Regulatory Commission (CSRC) on August 8, 2025, indicating that the company is under investigation for suspected violations of information disclosure laws [1][4]. - Investors who purchased Jihua Group stock before August 9, 2025, and sold or continued to hold it after that date are eligible to initiate claims [2][4]. Group 2: Century Huatong - On November 6, 2024, Century Huatong announced it received an administrative penalty decision from the CSRC, revealing false records in its annual reports from 2018 to 2022 regarding goodwill and fictitious software copyright transfer transactions [3][5]. - Investors who bought Century Huatong stock between April 27, 2019, and July 25, 2023, and sold or continued to hold it after July 25, 2023, can also initiate claims [3][5]. - Some previous claims by Century Huatong investors have already resulted in compensation [2][4].

证券日报网讯 12月24日，大众公用在互动平台回答投资者提问时表示，公司推出世纪华通收益详见公 司定期报告。 （文章来源：证券日报） ...

Group 1 - The electronic industry saw a net inflow of 4.916 billion yuan, leading the market [1] - The A-share market indices collectively rose, with the Shanghai Composite Index achieving six consecutive days of gains [1] - Among the 13 industries with net inflows, the power equipment and defense industries also saw significant inflows of 2.217 billion yuan and 1.233 billion yuan, respectively [1] Group 2 - A total of 45 stocks experienced net inflows exceeding 200 million yuan, with 15 stocks seeing inflows over 400 million yuan [2] - Demingli topped the list with a net inflow of 955 million yuan, driven by increasing data storage demand influenced by AI [2] - Tianji Co. reached a trading limit with a net inflow of 885 million yuan, focusing on the industrialization of lithium sulfide material preparation [2] Group 3 - At the market close, there was a net inflow of 129 million yuan, with the communication sector leading with over 500 million yuan in inflows [3] - Individual stocks such as Zhongji Xuchuang and Qingshan Paper experienced net inflows exceeding 200 million yuan [3] Group 4 - Beijing Junzheng and Wolong Electric Drive saw net outflows exceeding 100 million yuan at the market close [4] - Companies like Midea Group and Sihua Intelligent Control had net outflows exceeding 70 million yuan [5]