Core Insights - The company reported a revenue of 2.685 billion yuan and a net profit of 509 million yuan for the first half of 2025, with a quarterly revenue of 1.361 billion yuan in Q2, reflecting a 2.85% increase quarter-on-quarter, and a net profit of 271 million yuan in Q2, showing a 13.45% increase quarter-on-quarter [1] Group 1: Game Business Performance - The global SLG (strategy game) market is expanding, and the company is set to launch two new games, "Stellar Sanctuary" and "Next Agers," in the second half of the year after successful commercialization testing [2] - The gaming segment generated 2.028 billion yuan in revenue in the first half of 2025, accounting for 75.53% of total revenue, with mainstay games "Age of Origins" and "War and Order" generating 1.5 billion yuan and 465 million yuan, respectively [3] Group 2: AI Technology Integration - The company is embracing AI technology, launching the "Taiyue Lighthouse" AI model application system to integrate AI capabilities across various business lines, enhancing commercial applications [4] - The upgraded avavox intelligent voice robot has been introduced, covering diverse industry scenarios and addressing different market needs, including plans for an overseas version [5] Group 3: Innovation and Growth Expectations - The company is launching new products in various innovative sectors, including an eye-care online course screen series and advanced monitoring devices for power systems, aimed at enhancing operational safety and efficiency [6] - The combination of improved Q2 performance, upcoming game launches, and AI product upgrades are seen as key growth drivers for the company [7]

格隆汇8月26日丨神州泰岳(300002.SZ)公布2025年半年度报告，上半年公司实现营业收入26.85亿元，同 比下降12.05%；归属于上市公司股东的净利润5.09亿元，同比下降19.26%；归属于上市公司股东的扣除 非经常性损益的净利润4.88亿元，同比下降21.02%；基本每股收益0.2602元。 ...

| 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司 | 上市公司核算的会 | 2025 年期初占用 | 2025年1-6月占用累计发生 | 2025 年 1-6 月占用资金 | 2025 年 1-6 月偿还累 2025 | 年 1-6 月占用资 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 的关联关系 | 计科目 | 资金余额 | 金额（不含利息） | 的利息(如有) | 计发生金额 | 金余额 | | | 控股股东、实际控制人及其附属 | | | | | | | | | | | 企业 | | | | | | | | | | | 小计 | | | | | | | | | | | 前控股股东、实际控制人及其附 | | | | | | | | | | | 属企业 | | | | | | | | | | | 小计 | | | | | | | | | | | 其他关联方及附属企业 | | | | | | | | | | | 小计 | | | | | | | | | | | 总计 | | ...

证券代码：300002 证券简称：神州泰岳 公告编号：2025-034 北京神州泰岳软件股份有限公司 关于 2023 年员工持股计划第二个锁定期即将届满暨业绩考核目标达成的公告 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。 北京神州泰岳软件股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开第九届董事会第三次会议，审议通过《关于 2023 年员工持股计划第二个 锁定期即将届满暨业绩考核目标达成的议案》。公司 2023 年员工持股计划第二 个锁定期将于 2025 年 8 月 31 日届满，具体情况如下： 一、2023 年员工持股计划的基本情况 （一）公司于 2023 年 7 月 7 日召开第八届董事会第十二次会议、第八届监 事会第八次会议，于 2023 年 7 月 24 日召开 2023 年第一次临时股东大会，审议 通过《关于<公司 2023 年员工持股计划（草案）>及其摘要的议案》等相关议案， 同意公司实施员工持股计划。 （二）2023 年 9 月 4 日，公司收到中国证券登记结算有限责任公司深圳分 公司出具的《证券过户登记确认书》，"北京 ...

证券代码：300002 证券简称：神州泰岳 公告编号：2025-032 北京神州泰岳软件股份有限公司 第九届董事会第三次会议决议公告 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。 北京神州泰岳软件股份有限公司（以下简称"公司"）第九届董事会第三次会 议于2025年8月26日在公司会议室以现场结合通讯方式召开，会议通知于2025年8 月15日以邮件方式送达。应参加董事7人，实际参加董事7人，部分高级管理人员 列席会议，本次会议的召开符合法律、行政法规、部门规章和公司章程的有关规 定。会议由公司董事长冒大卫先生主持，与会董事认真审议，形成如下决议： 一、审议通过《关于<公司 2025 年半年度报告及其摘要>的议案》 具体内容详见同日刊登在中国证监会指定的创业板信息披露网站的相关公 告。 二、审议通过《关于2023年员工持股计划第二个锁定期即将届满暨业绩考 核目标达成的议案》 公司2023年员工持股计划第二个锁定期将于2025年8月31日届满，根据《2023 年员工持股计划（草案）》《2023年员工持股计划管理办法》的相关规定，董事 会认为公司2024年业绩考核目 ...

北京神州泰岳软件股份有限公司 2025 年半年度报告全文 北京神州泰岳软件股份有限公司 2025 年半年度报告 2025 年 8 月 1 北京神州泰岳软件股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证半年度报告内容的真实、准确、完整，不存在 虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 公司负责人冒大卫先生、主管会计工作负责人戈爱晶女士及会计机构负责人(会计主 管人员)刘晓峰先生声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中所涉及的发展战略、经营计划等前瞻性描述，不构成公司对投资者的实质承 诺，投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测与承诺 之间的差异。 公司需遵守《深圳证券交易所上市公司自律监管指引第 4 号——创业板行业信息披露》 中的"互联网游戏业务"的披露要求： 游戏产品具有更新快、可模仿性较高、玩家喜好转换快、市场竞争激烈等特点，如果 公司无法持续推出受玩家认可的成功的游戏产品，或游戏无法按计划推出，从而造成老游 戏盈利能力出现下滑 ...

Investment Rating - The report assigns an "Overweight" rating to the gaming industry [1] Core Insights - In August, the number of domestic game approvals reached a record high of 166, with several listed companies receiving product approvals, indicating a positive outlook for the industry supported by favorable policies and abundant supply [3] - The domestic gaming market size in July 2025 was 29.084 billion yuan, showing a year-on-year growth of 4.62%, with mobile gaming growing by 0.92% and client-based gaming by 16.56% [5] Summary by Sections Approval Data - In August 2025, the National Press and Publication Administration approved 166 domestic games, marking a historical high. A total of 1,050 domestic game approvals have been issued in the first eight months of the year, significantly higher than the 850 approvals in the same period last year [5] - The report highlights specific games that received approvals, including titles from companies like NetEase, Bilibili, and 37 Interactive Entertainment [5] Market Performance - The gaming industry continues to show positive growth, with notable performances from games like Tencent's "Delta Action" achieving 20 million daily active users in July [5] - The report maintains a positive outlook for the gaming industry in the third quarter, particularly during the summer peak season, due to stable approval rhythms and rich product supply [5] Investment Recommendations - The report recommends companies with solid fundamentals and quality content reserves, including Kying Network, 37 Interactive Entertainment, Giant Network, Perfect World, Shenzhou Taiyue, and others [5][6]

Core Viewpoint - The article highlights the issuance of AAA credit ratings to various software companies in China, emphasizing the importance of integrity and creditworthiness in the software service industry [1][2][3] Group 1: AAA Credit Rated Companies - A total of 50 companies have been awarded AAA credit ratings, which are valid until August 25, 2028 [1][2][3] - Notable companies include: - Zhengcaiyun Co., Ltd. - Beijing Shenzhou Taiyue Software Co., Ltd. - Yimeng Co., Ltd. - Shenzhen Taiji Digital Technology Co., Ltd. - Guangdong Zhuowei Network Co., Ltd. [1][2][3] Group 2: Evaluation Process - The evaluation process for obtaining the AAA credit rating involves voluntary application, recommendations from local software industry associations, document review, and expert assessments [1] - The initiative aims to promote a culture of integrity and enhance self-regulation within the software industry [1][2]

Investment Rating - The report maintains a "Buy" rating for the industry, indicating a positive outlook for the sector's performance [5][49]. Core Insights - The media industry saw a weekly increase of 5.17%, outperforming the Shanghai Composite Index and the CSI 300 Index, which rose by 3.49% and 4.18% respectively [11][19]. - Key companies such as KuaLing AI and Kunlun Wanwei reported significant revenue growth, with KuaLing achieving over 250 million in revenue for Q2 2025, exceeding expectations [2][46]. - The gaming market in China reached a size of 29.084 billion yuan in July 2025, with mobile gaming contributing significantly to this growth [3][25]. - The report highlights the successful release of AI applications and the cultural export theme as key investment themes, particularly in gaming, IP, short dramas, and publishing [4][47]. Market Performance - The media industry ranked 6th among all sectors with a weekly increase of 5.17%, while the gaming sector saw a rise of 6.09% [11][19]. - Notable performers included Guomai Culture and Shunwang Technology, with weekly increases of 24.79% and 24.16% respectively [19][20]. Key Data and Dynamics AI Applications - Recent downloads for AI applications on iOS showed varied performance, with Doubao leading at approximately 209.57 thousand downloads, while DeepSeek experienced a decline of 8.88% [2][23]. Gaming Sector - The mobile gaming market in July 2025 was valued at 21.36 billion yuan, with a year-on-year growth of 0.92% [3][25]. - The overseas revenue from self-developed games reached 1.693 billion USD, marking a year-on-year increase of 6.76% [28][29]. Film Industry - The total box office for the week of August 15-21 was 1.252 billion yuan, with "Wang Wang Mountain Little Monster" leading the box office [41][43]. Investment Recommendations - The report suggests focusing on AI applications and cultural export themes, with specific attention to companies like Giant Network, KuaLing, and Meitu [4][47].

Group 1 - The gaming sector is experiencing a triple boost from continuous policy support, industry recovery, and accelerated AI implementation [1][2] - The normalization of license approvals and the launch of new products during the summer will support performance realization in the short term [1][2] - AI technology is reshaping research and operations, driving cost reduction and efficiency improvements, as well as content upgrades in the medium term [1][4] Group 2 - The gaming industry's recovery is reflected in the sales revenue, which reached 29.084 billion yuan in July, showing a month-on-month increase of 8.14% and a year-on-year increase of 4.62% [3] - The mobile gaming segment continues to dominate, accounting for over 74% of the total revenue, with companies like Gigabit achieving a revenue of 2.518 billion yuan, up 28.49% year-on-year [3] - New game launches and long-term operations are becoming the core logic for industry growth, indicating a stable and positive trend [3] Group 3 - AI is significantly enhancing research and operations, with companies like Gigabit and Giant Network leveraging AI to reduce costs and improve efficiency [4] - The integration of AI in game development is leading to faster development cycles and improved player experiences, as demonstrated by various companies [4] - The large-scale implementation of AI technology is expected to enhance both competitive strength and player experience across the industry [4] Group 4 - Recommended stocks based on product validation and the summer window include Gigabit, Giant Network, 37 Interactive, and Perfect World [5] - Companies with outstanding AI capabilities include 37 Interactive and Kaiying Network [5] - Firms benefiting from policy support and cultural expansion include Shenzhou Taiyue, Century Huatong, and Zhongqingbao [5]