浙江世纪华通集团股份有限公司（以下简称"公司"）相关人员于近日分别收 到中国证券监督管理委员会浙江监管局（以下简称"浙江证监局"）下发的《关于 对严正山采取出具警示函措施的决定》（[2025]77 号）（以下简称"《警示函一》"）、 《关于对邵恒采取出具警示函措施的决定》（[2025]78 号）（以下简称"《警示函 二》"）、《关于对谢斐采取出具警示函措施的决定》（[2025]79 号）（以下简称"《警 示函三》"）、《关于对郦冰洁采取出具警示函措施的决定》（[2025]80 号）（以下简 称"《警示函四》"）、《关于对王一锋采取出具警示函措施的决定》（[2025]81 号） （以下简称"《警示函五》"）、《关于对周宓采取出具警示函措施的决定》（[2025]82 号）（以下简称"《警示函六》"）、《关于对黄怡采取出具警示函措施的决定》 （[2025]83 号）（以下简称"《警示函七》"），现将相关内容公告如下： 一、《警示函一》的具体内容 严正山： 根据中国证券监督管理委员会行政处罚决定书（[2024]112 号），浙江世纪华 通集团股份有限公司（以下简称公司）存在以下违法违规行为：一是公司 2018- 20 ...

Core Insights - The consensus in the gaming industry is that "going global" is essential for survival, with 33 Chinese companies entering the global mobile game publisher revenue top 100 in April, generating a total of $2 billion, accounting for 38.4% of the top 100's revenue [1][3] - Tencent's "Honor of Kings" saw a 71% revenue increase, reclaiming the top spot in global mobile game revenue, contributing to a 10% rise in Tencent's mobile gaming revenue [1] - The trend of Chinese gaming companies focusing on overseas markets is evident, with companies like Century Huatong and 37 Interactive Entertainment leading in revenue growth, while many A-share companies experienced revenue declines [3][5] Industry Performance - The actual sales revenue of China's self-developed games in the domestic market for 2024 is projected to be 260.736 billion yuan, a year-on-year growth of 1.7%, indicating a slowdown [5] - The overseas market for self-developed games reached $18.557 billion in 2024, with a year-on-year growth of 13.39%, marking a continuous five-year trend of exceeding 100 billion yuan [5] - Century Huatong's overseas business revenue reached 11.367 billion yuan in 2024, accounting for 50.26% of its total revenue, highlighting the importance of international markets for revenue growth [5] Market Trends - The gaming industry is witnessing a shift towards high-quality game exports, with major players like Tencent and NetEase leading the charge to enhance China's global gaming influence [7] - A significant number of A-share gaming companies are experiencing revenue declines, but those heavily invested in overseas markets, such as 37 Interactive Entertainment and Century Huatong, are performing well [3][7] - The current landscape for Chinese games going global is characterized by a focus on mobile and casual games, capital investments, and breakthroughs in higher-end gaming technologies like VR and AI [9][10]

Core Insights - The article discusses the significant revenue achievements of Century Huatong, particularly through its subsidiary Point Interactive, which has seen explosive growth due to the success of the game "Endless Winter" [1][4][9] - However, the company faced a major setback with a substantial downward revision of its 2024 profit forecast, primarily due to losses from long-term equity investments, particularly in Zhongyou [1][6][25] Financial Performance - Century Huatong's 2024 revenue reached 22.62 billion yuan, a year-on-year increase of 70.27%, making it the top gaming company in A-shares [4][5] - The company revised its net profit forecast for 2024 from an expected range of 1.6 billion to 2.3 billion yuan down to 1.2 billion yuan, effectively halving its profit expectations [1][2] - In Q1 2025, the company reported a net profit of 1.35 billion yuan, surpassing the entire profit of 2024 [6] Investment and Losses - The significant loss of approximately 900 million yuan was attributed to a decline in the valuation of long-term equity investments, which fell from 2.394 billion yuan to 1.498 billion yuan [6][25] - The losses were primarily linked to the underperformance of Zhongyou, particularly its game "Sword and Fairy World," which failed to meet market expectations [6][25][32] Subsidiary Performance - Point Interactive contributed significantly to Century Huatong's revenue, generating 14.959 billion yuan in 2024, accounting for over 71% of the internet gaming business [8][9] - The success of "Endless Winter" has positioned Point Interactive as a major player in the global gaming market, even surpassing NetEase in revenue rankings [9][13] Market Position and Strategy - Century Huatong has successfully transformed from a secondary supplier of automotive parts to a leading internet gaming company through strategic acquisitions [7][12] - The company has established a strong presence in the gaming industry, with Point Interactive now being its most valuable asset, far exceeding the initial acquisition cost of 6.939 billion yuan [16][25] Future Outlook - Despite the setbacks with Zhongyou, Century Huatong's strong revenue growth and the success of Point Interactive suggest potential for recovery and continued market leadership [4][33] - The company aims to leverage its established gaming ecosystem and partnerships to navigate challenges and capitalize on future opportunities in the gaming sector [26][33]

Core Insights - The mini-game "Screw Tightening" has gained significant popularity through social media, with users engaging in playful banter about its difficulty, leading to viral growth [2][3] - Major gaming companies like 37 Interactive Entertainment and Giant Network have benefited from the mini-game trend, contributing positively to their financial reports in 2024 [2][5] Industry Trends - The mini-game market has expanded significantly, with both large and small developers exploring new gameplay mechanics, resulting in a diverse range of offerings [2][4] - The rise of mini-games is attributed to their easy accessibility and low development costs, appealing particularly to middle-aged players with limited gaming time but strong spending power [4][5] Company Performance - Giant Network's mini-game "King's Journey" attracted over 25 million new users and generated 600 million yuan in revenue since its launch in February 2024 [5][6] - Century Huachuang's subsidiary, Point Interactive, reported approximately 2.245 billion yuan in revenue from mini-games like "Endless Winter" in 2024 [6] Monetization Strategies - Mini-games primarily monetize through IAA (In-App Advertising), IAP (In-App Purchases), and mixed models, with advertising being a key revenue source due to regulatory constraints on direct charging [6][7] - The potential for overseas expansion is highlighted as a significant opportunity for mini-games, with domestic companies poised to fill gaps in the international market [6][7] Future Outlook - The mini-game sector is expected to continue growing, with established IPs being adapted into mini-games, enhancing user engagement and retention [7][8] - Analysts predict that the convenience and social sharing aspects of mini-games will attract a broader audience, including non-gamers, contributing to market growth [8]

Core Viewpoint - The overall performance of A-share listed gaming companies in 2024 showed a decline, with over half experiencing revenue downturns, while a few companies achieved significant growth [1][5][11]. Group 1: Company Performance - More than half of the 23 A-share listed gaming companies reported a decline in total revenue in 2024, with 13 companies experiencing a year-on-year decrease compared to 9 in 2023 [5][9]. - Perfect World, once a leading company, saw its gaming revenue drop from 66.69 billion yuan in 2023 to 51.81 billion yuan in 2024, marking a decline of nearly 15 billion yuan [5][11]. - Century Huatong and 37 Interactive Entertainment remained the top gaming companies, with Century Huatong's gaming revenue reaching 208.75 billion yuan, a year-on-year increase of 86.57% [11][12]. - 37 Interactive Entertainment's gaming revenue was 172.93 billion yuan, up 5.47% year-on-year, maintaining its position as a profitable leader with a net profit of 26.73 billion yuan [10][12]. Group 2: Revenue and Profit Trends - The gaming revenue of companies like Jibite and Icefire Network declined significantly, with Jibite's revenue falling to 36.49 billion yuan, a decrease of 11.52% [8][10]. - Icefire Network reported a net profit drop of 190% due to high marketing costs, leading to a net loss of 2.47 billion yuan [14][10]. - Perfect World was the only major A-share gaming company to report a loss, with a net loss of 12.88 billion yuan in 2024 [9][10]. Group 3: Market Dynamics and Strategies - Many companies increased their sales expenses significantly, with Century Huatong's sales expenses rising by 129.47% to 77.42 billion yuan, while 37 Interactive Entertainment's sales expenses reached 97.12 billion yuan, an increase of 6.84% [15][14]. - The trend of "de-gaming" was noted, with companies like Zhongqingbao seeing their gaming revenue contribution drop from 49.59% in 2020 to 22.29% in 2024 [7][9]. - The gaming industry faced challenges with aging main products and a lack of new releases, impacting revenue for companies like Jibite and Electric Soul Network [8][9]. Group 4: International Performance and Employee Trends - Century Huatong achieved overseas revenue of 113.68 billion yuan, accounting for 50.26% of its total revenue, driven by successful titles like "Whiteout Survival" [17][18]. - Perfect World experienced a significant reduction in its workforce, with employee numbers dropping from 5,754 to 3,905, a decrease of 32.13% [19][20]. - Overall, 14 out of 23 companies reduced their workforce, indicating a trend of downsizing in the industry [19][20]. Group 5: Future Outlook - The first quarter of 2025 showed better-than-expected performance for several companies, with Century Huatong reporting a revenue increase of 91.12% year-on-year [22][23]. - Analysts predict continued improvement in the gaming sector as new products are launched and the market adapts to changing consumer preferences [25][22].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002602 证券简称：ST华通公告编号：2025-030 为提高互动交流的效率，现提前向所有关心公司的投资者公开征集交流问题，广泛听取投资者的意见和 建议。投资者可于2025年5月12日（星期一）17：00前访问http://ir.p5w.net/zj/，或扫描下方二维码，进 入问题征集专题页面，提交您所关心的问题。公司将在活动上对投资者所关心的问题进行回答。 ■ （问题征集专题页面二维码） 浙江世纪华通集团股份有限公司董事会 二〇二五年五月八日 关于参加2025年浙江辖区上市公司投资者网上集体接待日暨2024年度业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 为进一步加强与投资者的互动交流，浙江世纪华通集团股份有限公司（以下简称"公司"）将参加由浙江 证监局指导，浙江上市公司协会主办，深圳市全景网络有限公司承办的"2025年浙江辖区上市公司投资 者网上集体接待日暨2024年度业绩说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站（ht ...

证券代码：002602 证券简称：ST 华通 公告编号：2025-030 浙江世纪华通集团股份有限公司 关于参加 2025 年浙江辖区上市公司投资者网上集体 接待日暨 2024 年度业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，浙江世纪华通集团股份有限公司（以下 简称"公司"）将参加由浙江证监局指导，浙江上市公司协会主办，深圳市全景网 络有限公司承办的"2025 年浙江辖区上市公司投资者网上集体接待日暨 2024 年 度业绩说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号"全景财经"，或下载"全景路演"APP, 参与本次互动交流，活动时间为 2025 年 5 月 13 日（周二）15:00-17:00。届时， 公司董事兼总裁谢斐女士、董事兼财务总监钱昊先生、副总裁兼董事会秘书黄怡 先生、独立董事李臻先生等（如遇特殊情况，参与人员或有调整）将在线就公司 2024 年度业绩、公司治理、发展战略、经营状况等投 ...

Group 1: Company Transformation and Strategy - The company has undergone three major transformations in the past decade: transitioning from traditional auto parts manufacturing to focusing on internet gaming as its main business and revenue source [2][3] - Since 2018, the company has prioritized research and development, leading to the achievements of DianDian Interactive [3] - The company is embracing AI to build its own AI ecosystem, with a focus on digital infrastructure investments in the AIDC sector [3] Group 2: Game Business Outlook - The company plans to focus on evergreen game categories such as SLG (Simulation Game) and match-3 games, emphasizing innovation and scalability [4] - SLG is seen as a strong category in mobile gaming due to its user engagement and higher revenue potential compared to MMO (Massively Multiplayer Online) games [5] Group 3: Strategic Initiatives and Market Position - The company has implemented cost-cutting measures and efficiency improvements in response to challenges in developing AAA titles, returning to its core strengths [6] - The impact of Apple's payment restrictions is viewed as potentially beneficial in the long term, but not significantly impactful in the short term [7] Group 4: Team Dynamics and Incentives - The company maintains high stability within its business teams, offering competitive bonus structures and fostering a positive work environment [8] Group 5: AI Game Development - The company is optimistic about the development of AI games, having launched the "Shulong Cup" global AI game and application innovation competition to promote AI integration in game development [10] - There is a belief that while the AI gaming sector may take time to mature, it presents significant opportunities for growth [10] Group 6: IP Development Strategy - The company aims to revitalize existing IPs, focusing on the core user base as the most valuable asset, which is exemplified by the creation of "Dragon Valley World" [11]

Core Insights - Century Huatong has demonstrated significant growth in both revenue and net profit, with 2024 revenue reaching 22.62 billion yuan, a year-on-year increase of 70.27%, and net profit of 1.213 billion yuan, up 131.51% [1][3] - The company continued its strong performance into Q1 2025, achieving revenue of 8.145 billion yuan, a 91.12% increase year-on-year, and net profit of 1.350 billion yuan, up 107.20% [1][3] Financial Performance - The company has successfully navigated past performance volatility caused by business acquisitions and industry cycles, entering a phase of rapid growth [3][4] - The governance upgrades and strategic changes have led to a significant turnaround in financial performance, with Q1 2025 results showcasing the effectiveness of these governance improvements [4][6] Governance and Management - Century Huatong has restructured its board, with independent directors now making up one-third of the board, enhancing decision-making processes and compliance [4][6] - The company has implemented comprehensive internal management reforms, focusing on risk prevention and control, which have strengthened its operational resilience [6][10] Sustainable Development and ESG - The company has integrated ESG principles into its core business strategy, viewing them as a competitive advantage rather than a compliance cost [7][8] - Century Huatong is actively embedding ESG factors into its product lifecycle, leveraging digital technology to enhance cultural elements in gaming [7][8] Corporate Social Responsibility - The company has established a data security committee to oversee privacy and data protection, recognizing digital trust as essential for sustainable development [8][10] - Century Huatong has committed over 6 million yuan to public welfare initiatives, with significant volunteer participation, reflecting its dedication to social responsibility [10][11]

登录新浪财经APP 搜索【信披】查看更多考评等级 回顾2024年，世纪华通虽然经历了诸多挑战，但公司整体业绩却迎来爆发式增长。 4月29日，世纪华通发布2024年报及2025年一季报。根据公告数据，公司2025年一季度揽得81.45亿元，2024年营收226.2亿元，双登历史最高，位居A股游戏 公司收入榜首。上年度除营收打破纪录外，归母净利润为12.13亿元，同比增长131.51%；扣非后净利润为16.43亿元，同比增长290.2%；经营性现金流为 50.46亿元，同比增长62.67%，多项核心指标均实现大幅增长。 尤其值得一提的是，步入2025年，世纪华通业绩增速远超行业平均水平，展现出强大的市场竞争力与发展韧性。数据显示，一季度已实现营收81.45亿元， 同比增长91.12%；归母净利润13.5亿元，同比增长107.2%；扣非后净利润13.46亿元，同比增长107.95%；经营性现金流12.91亿元，同比增长48%。上述一系 列成绩的取得，得益于公司持续推进战略重塑，核心业务互联网游戏板块实现了国内国外双核驱动，进一步巩固了在行业头部的位置。 作为海外100多个国家和地区畅销榜前列的常客，点点互动自主研发 ...