证券代码：300002 证券简称：神州泰岳 公告编号：2025-031 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。 重要内容提示： 1、本次归属的激励对象总人数为 17 人，实际归属股票数量为 4,608,912 股， 占归属前公司总股本约 0.23%。截止本公告日，公司已完成向 17 名激励对象定 向发行 4,608,912 股第二类限制性股票的归属登记工作。 2、本次归属的限制性股票上市流通日：2025 年 8 月 5 日。 北京神州泰岳软件股份有限公司 关于公司 2023 年限制性股票激励计划第二个归属期 归属结果暨股份上市的公告 3、本次归属股票上市流通安排：本次归属的限制性股票无其他限售安排， 股票上市后即可流通。 北京神州泰岳软件股份有限公司（以下简称"公司"）于 2025 年 7 月 18 日 召开的第九届董事会第二次会议，审议通过了《关于公司 2023 年限制性股票激 励计划第二个归属期归属条件成就的议案》等议案。近日，公司办理了 2023 年 限制性股票激励计划第二个归属期归属股份的登记工作，现将相关事项公告如下： 一、激励计划简述及已履 ...

证券之星消息，7月30日游戏板块较上一交易日上涨1.13%，神州泰岳领涨。当日上证指数报收于3615.72，上涨0.17%。深证成指报收于 11203.03，下跌0.77%。游戏板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300002 | 神小泰岳 | 13.00 | 4.25% | 155.49万 | | 19.86亿 | | 603444 | 吉比特 | 346.94 | 4.07% | 2.03万 | | 6.90亿 | | 300459 | 汤姆猫 | 5.77 | 3.78% | 387.99万 | | 22.00亿 | | 300467 | 迅游科技 | 24.21 | 3.02% | 27.97万 | | 6.83亿 | | 002602 | ST华道 | 12.75 | 2.66% | 139.87万 | | 17.66亿 | | 002517 | 恺英网络 | 18.98 | 2.15% | 77.01万 | | 14.52亿 | | ...

Group 1 - Shenzhou Taiyue has experienced a decline for six consecutive trading days, with a cumulative drop of -3.62% [1] - The company was established in 2001 and became one of the first companies listed on the Shenzhen Stock Exchange's Growth Enterprise Market in 2009 [1] - E Fund has two funds among the top ten shareholders of Shenzhou Taiyue, with the E Fund ChiNext ETF reducing its holdings in Q2 2023 and the E Fund CSI Artificial Intelligence Theme ETF entering the top ten [1] Group 2 - The E Fund ChiNext ETF has a year-to-date return of 11.42%, ranking 1156 out of 2937 in its category [2] - The E Fund CSI Artificial Intelligence Theme ETF has a year-to-date return of 15.52%, ranking 676 out of 2937 in its category [3] - The performance of the E Fund ChiNext ETF over various periods includes a 2.88% increase in the past week and an 11.25% increase in the past month [2] Group 3 - The fund managers for the E Fund ChiNext ETF and the E Fund CSI Artificial Intelligence Theme ETF are Cheng Xi, Liu Shurong, and Zhang Zhan [4] - Cheng Xi has been managing the E Fund ChiNext ETF since May 7, 2016, and has extensive experience in various funds [4] - Liu Shurong has been managing multiple funds since July 18, 2017, and has a background in quantitative investment [7]

Core Viewpoint - The company, Shenzhou Taiyue, is positioned as a "bridge builder" in the intersection of AI technology evolution and industry intelligence acceleration, aiming to transform general AI capabilities into measurable and actionable industry value [3][8]. Company Overview - Shenzhou Taiyue is a private high-tech listed company with a strategy of "innovation-driven, global layout" and a mission to "create industry excellence, support customer enhancement, and promote industrial development" [6]. - The company has two main business segments: mobile gaming and software and information technology services [6]. - In 2024, the company achieved a revenue of 6.452 billion yuan and a net profit attributable to shareholders of 1.428 billion yuan, marking a historical high [6]. - From 2020 to 2024, the company's revenue compound annual growth rate (CAGR) was 15.74%, while the net profit CAGR was 42% [6]. - The overseas business revenue increased from 2.326 billion yuan in 2020 to 4.906 billion yuan in 2024, with the revenue share rising from 64.68% to 76.04% [6]. AI Integration in Business - The company fully embraces AI, building an AI technology ecosystem to promote deep integration of AI with various business lines, accelerating commercialization and results transformation [7]. - In the gaming sector, the company utilizes AI tools, being one of the first in China to embed AIGC tools in the artistic process, significantly enhancing production efficiency [7]. - For the software sector, the company focuses on upgrading existing products and services using AI while exploring new business opportunities [7]. AI Solutions and Applications - The "Taiyue Lighthouse" AI model application capability system was launched, along with the "Yueqing" intelligent IT operation model and the "Taiyue Taidou" security model [8]. - The Taiyue Lighthouse serves as an intelligent hub connecting general models with industry applications, providing comprehensive support for AI model capability construction and scenario implementation [8]. - The company aims to create a positive cycle of "technology supply - scenario validation - ecological co-construction" to make AI a productivity tool for enterprises [8]. AI Case Study - The company introduced the avavox voice robot, which allows for rapid setup of voice interaction systems, integrating advanced language understanding and generation capabilities from various general models [9]. - Avavox includes over 200 industry templates, addressing various sectors such as e-commerce, government notifications, and healthcare follow-ups, ensuring professional and compliant output [9]. Industry Impact and Competitive Advantage - AI is expected to significantly enhance industry efficiency and help companies reduce costs [11]. - In the gaming sector, AI accelerates product development and fosters innovation in art and gameplay [11]. - The company aims to leverage over 20 years of experience in software and IT services to deeply couple general models with industry applications, transforming technological advantages into core drivers of high-quality development across various sectors [11]. Ethical Governance - The company adheres to strict governance mechanisms regarding AI ethics and data security, complying with relevant guidelines and regulations [12].

Investment Rating - The industry investment rating is "Overweight," indicating that the industry is expected to outperform the overall market [12]. Core Insights - The report highlights the rapid growth of AI applications, particularly in programming, recommendation, and creative generation, with Chinese companies focusing on emotional consumption and overseas expansion to drive revenue [5]. - Tencent is identified as a strong player in AI applications, leveraging its large daily active users (DAU) and rich content ecosystem, with expectations for significant future growth in its advertising and cloud computing segments [5]. - The gaming sector is noted for its potential, with Tencent's game "Delta Action" exceeding expectations in DAU, and the value of game IP, especially female-oriented games, remains underappreciated by the market [5]. - The report emphasizes the importance of AI in enhancing advertising efficiency and revenue generation, particularly for companies with untapped traffic potential [5]. Summary by Sections AI Applications - AI applications are driving growth in various sectors, with significant contributions from programming and creative tools [5]. - Tencent's AI capabilities are expected to enhance its advertising revenue, with a projected growth rate of 20% in Q1 2025 [5]. Gaming Sector - Tencent's "Delta Action" has maintained a strong position in the iOS game sales rankings, indicating robust growth potential [5]. - The report notes that the gaming IP value, particularly for female-targeted games, is not fully recognized by the market, suggesting potential investment opportunities [5]. Key Company Valuations - Tencent's market capitalization is reported at 45,907 million RMB, with projected revenue growth of 11% for 2025 [7]. - Other companies like NetEase and Giant Network are also highlighted, with respective market caps of 6,139 million RMB and 463 million RMB, showing varied growth rates [7].

Core Points - The China Securities Media Index (CSI Media Index) reported a value of 2551.87 points, showing a low opening and a high closing on July 24 [1] - The CSI Media Index has increased by 5.60% over the past month, 9.27% over the past three months, and 10.86% year-to-date [2] Index Composition - The CSI Media Index is composed of various sectors categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [2] - The top ten weighted stocks in the CSI Media Index include: - Focus Media (8.9%) - Giant Network (3.81%) - Kaiying Network (3.68%) - Yanshan Technology (3.66%) - Kunlun Wanwei (3.47%) - Light Media (3.26%) - 37 Interactive Entertainment (3.06%) - Leo Group (2.92%) - Shenzhou Taiyue (2.82%) - BlueFocus Communication Group (2.65%) [2] Market Distribution - The market distribution of the CSI Media Index shows that the Shenzhen Stock Exchange accounts for 76.67%, while the Shanghai Stock Exchange accounts for 23.33% [2] Sector Breakdown - The sector composition of the CSI Media Index is as follows: - Gaming: 27.64% - Digital Marketing: 17.77% - Film and Animation: 12.15% - Other Advertising Marketing: 11.07% - Publishing: 10.75% - Broadcasting and Television: 7.52% - Interactive Media: 3.86% - Graphic Media: 3.67% - Other Digital Media: 3.66% - Video Media: 1.91% [3] Index Adjustment - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [3] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to significant events affecting sample companies [3]

Investment Rating - The report maintains a "Positive" investment rating for the media industry [1] Core Insights - The media industry continues to show high growth potential, particularly in gaming, offline entertainment, and AI applications. The report emphasizes the importance of investing in these sectors to capitalize on ongoing trends [4][5] Industry Data Overview - The game "Delta Force" ranks first on the iOS free chart in mainland China, while "Honor of Kings" holds the top position on the iOS revenue chart as of July 19, 2025 [12][14] - The film "Jurassic World: Rebirth" achieved the highest box office revenue for the week [12] Gaming Sector - The gaming sector is experiencing a new product cycle, with companies like Xindong and Youyi Time reporting positive earnings forecasts for H1 2025, driven by new game launches and improved profit margins [4] - The report recommends focusing on high-potential gaming companies such as Xindong, Giant Network, and Perfect World [4] Online Music Sector - The online music market has significant growth potential, especially among younger users. The report highlights the increasing user base and potential for higher ARPU compared to international platforms like Spotify [4] Concert and Live Events - The concert industry is expected to maintain high growth, with a reported 78% year-on-year increase in box office revenue for large concerts in 2024 [4] Domestic Animation - The domestic animation sector is thriving, with successful releases like "The Legend of Luo Xiaohei 2" and upcoming events such as ChinaJoy 2025 expected to drive consumer engagement and spending [4] AI Applications - Recent advancements in AI, including the release of new models and applications, are anticipated to accelerate commercialization in various sectors, including AI companionship, creation, and marketing [5] Company Performance - The report highlights key companies in the gaming and entertainment sectors, recommending specific stocks based on their performance and market position [4][5]

Group 1 - The report highlights two main investment themes for 2025: 1) Accelerated AI application deployment and the continuous expansion of Agent capabilities, impacting industries such as marketing, e-commerce, education, film, and gaming, while also focusing on opportunities in AI toys and hardware [4][12] - The IP derivative products sector is entering a high-speed development phase, with spiritual and self-consumption becoming long-term growth points for consumption. The report is optimistic about high-quality domestic IPs expanding online content and offline physical derivatives to enhance their influence and open up commercialization opportunities [4][12] Group 2 - In the AI sector, the report notes that the application capabilities of Agents are continuously expanding, with significant advancements in model performance and multi-modal capabilities. OpenAI's o3 model and Google's Veo3 are leading the way in this evolution, while domestic models are narrowing the gap with international leaders [10][17][19] - The report emphasizes the rise of spiritual consumption and the expansion of the IP derivative products market, with companies like Pop Mart and MiHoYo successfully leveraging their IPs for international expansion and revenue growth [11][54][60] Group 3 - The report identifies key companies to watch, including Pop Mart, Light Media, Giant Network, Kunlun Wanwei, and others, which are expected to benefit from the trends in AI applications and IP derivatives [12] - The report also discusses the increasing commercialization of AI applications, with companies like Kuaishou's Keling and Meitu seeing significant revenue growth driven by their AI capabilities [44][47] Group 4 - The report outlines the importance of IP as a new production factor, reshaping the consumer sector and enabling companies to expand their revenue streams through effective IP management and commercialization strategies [52][60] - The analysis indicates that the market for IP derivative products is expected to grow significantly, with projections for the Chinese pan-entertainment product market reaching 335.8 billion yuan by 2029 [54][59]

Core Viewpoint - The legal opinion letter confirms that Beijing Shenzhou Taiyue Software Co., Ltd. has met the necessary conditions for the second vesting period of its 2023 restricted stock incentive plan, including the adjustment of the grant price [1][6]. Group 1: Legal Framework and Procedures - The legal opinion is based on the Company Law, Securities Law, and relevant regulations, ensuring compliance with legal standards [2][3]. - The company has provided all necessary documents and information required for the issuance of the legal opinion, ensuring transparency and accuracy [2][3]. - The legal opinion is limited to domestic legal issues and does not cover accounting or foreign legal matters [3][4]. Group 2: Adjustment of Grant Price - The adjustment of the grant price is due to a cash dividend distribution of 1 RMB per 10 shares, based on a total share capital of 1,962,564,954 shares [6]. - The adjusted grant price for the restricted stock is calculated to be 4.84 RMB per share, down from 4.94 RMB [6]. Group 3: Vesting Conditions and Achievements - The second vesting period is defined as starting from July 28, 2025, to July 24, 2026, following a 24-month waiting period from the grant date [6][7]. - The company has met the performance conditions for the second vesting period, including achieving a net profit growth rate of at least 25% compared to 2022 [6][7]. - A total of 17 individuals are eligible for vesting, with a total of 4,608,912 shares to be vested at the adjusted price of 4.84 RMB per share [7][6]. Group 4: Conclusion - The legal opinion concludes that the necessary approvals and authorizations for the grant price adjustment and the second vesting period have been obtained, in compliance with relevant regulations [6][7].

Group 1 - The company held its ninth board meeting on July 18, 2025, to discuss and approve adjustments to the 2023 restricted stock incentive plan [1][2] - The granting price for the restricted stock was adjusted from 4.94 yuan per share to 4.84 yuan per share due to a cash dividend distribution of 1 yuan per 10 shares to all shareholders [1][2] - The board confirmed that the conditions for the second vesting period of the 2023 restricted stock incentive plan have been met, allowing for the vesting of a specified number of shares [2] Group 2 - The compensation and assessment committee approved the proposals before they were presented to the board [2] - The voting results for the proposals were unanimous, with 5 votes in favor and no votes against or abstentions [2]