Investment Rating - The industry rating is "Outperform the Market," indicating that the overall return of the industry is expected to exceed the market benchmark index by more than 5% in the next 6 months [17]. Core Insights - The report highlights significant advancements in AI gaming, particularly with the introduction of playable AI NPCs by Ubisoft, which allows players to interact with AI teammates in a dynamic gaming environment [3]. - The emergence of commercial products based on AI world models, such as Marble by World Labs and Tencent's mixed reality model, showcases the potential for creating immersive 3D worlds using generative AI [4]. - The development of AI game creation tools, like YouTube's Playables Builder, is democratizing game development by enabling users to create games without programming knowledge [4][5]. Summary by Sections AI NPC Development - Ubisoft launched a playable demo of AI NPCs named "Teammates," where players can command AI teammates using natural language, powered by Google's Gemini and Ubisoft's middleware [3]. AI World Models - Companies like Google DeepMind and Tencent are advancing in AI world models, with Tencent's mixed reality model allowing users to create interactive worlds from text or images [4]. AI Game Creation Tools - YouTube is testing an AI game creation tool, Playables Builder, which allows users to create games using simple text and media inputs, currently in testing phases in select markets [4]. - The AI game creation platform SOON by Kaiying Network integrates generative AI to streamline complex game development processes, significantly lowering technical barriers and costs [5]. Investment Recommendations - The report suggests focusing on companies related to gaming, including Tencent, NetEase, Bilibili, Giant Network, and others, as potential investment opportunities [6].

证券之星消息，12月24日游戏板块较上一交易日下跌0.92%，恺英网络领跌。当日上证指数报收于3940.95，上涨0.53%。深证成指报收于 13486.42，上涨0.88%。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) | | | --- | --- | --- | --- | --- | --- | --- | | 002174 | 游族网络 | 12.57 | 6.44% | 60.91万 | | 7.48亿 | | 600892 | *ST大晟 | 3.44 | 3.93% | 12.55万 | 4322.52万 | | | 300031 | 宝通科技 | 22.30 | 3.34% | - 13.65万 | | 3.02亿 | | 600633 | 浙数文化 | 12.79 | 2.40% | 16.67万 | | 2.12亿 | | 300052 | ST中青宝 | 12.18 | 2.27% | 5.08万 | 6155.19万 | | | 300299 | 富春股份 | 7.28 | 1.96% | 48.01万 | | ...

融资方面，宝通科技当日融资买入1379.81万元。当前融资余额6.52亿元，占流通市值的7.32%，融资余 额低于近一年20%分位水平，处于低位。 分红方面，宝通科技A股上市后累计派现5.49亿元。近三年，累计派现6662.61万元。 融券方面，宝通科技12月19日融券偿还2200.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00 元；融券余量7.88万股，融券余额167.77万元，超过近一年50%分位水平，处于较高位。 资料显示，无锡宝通科技股份有限公司位于江苏省无锡市新吴区张公路19号，成立日期2000年12月27 日，上市日期2009年12月25日，公司主营业务涉及工业互联网(工业散货物料智能输送全栈式服务)和移 动互联网。主营业务收入构成为：移动游戏产品43.69%，智能输送数字化产品43.44%，智能输送系统 服务12.87%。 截至9月30日，宝通科技股东户数5.70万，较上期减少8.91%；人均流通股6171股，较上期增加9.78%。 2025年1月-9月，宝通科技实现营业收入24.57亿元，同比增长0.37%；归母净利润2.09亿元，同比减少 12.16%。 12月19日，宝通科 ...

证券代码：300031 证券简称：宝通科技 公告编号：2025-052 无锡宝通科技股份有限公司 关于全资子公司与专业投资机构共同投资 的进展公告 本公司及其董事会全体人员保证公告内容真实、准确和完整，公告不存在 虚假记载、误导性陈述或者重大遗漏。 无锡宝通科技股份有限公司（以下简称"公司"或"宝通科技"）全资子公 司海南元宇宙科技有限公司（以下简称"海南元宇宙"）与上海辰韬资产管理有 限公司（以下简称"辰韬资本"）、重庆分享投资有限公司（以下简称"重庆分享 投资"）、自然人林新正先生、梁亮先生、钟春龙先生签署了《嘉兴迎瑞创业投资 合伙企业（有限合伙）合伙协议》，共同投资嘉兴迎瑞创业投资合伙企业（有限 合伙）（以下简称"合伙企业"或"产业基金"）。产业基金总认缴出资额为人民 币 6,380 万元，其中，海南元宇宙作为有限合伙人以自有资金认缴出资人民币 3,000 万元，占合伙企业认缴出资比例的 47.02%。具体内容详见公司于 2025 年 11 月 11 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于全资子公司与专 业投资机构共同投资的公告》（2025-051）。 二、对外投资进展 1、 ...

证券日报网讯12月1日，宝通科技在互动平台回答投资者提问时表示，公司并未参与成立宁波辰韬智驾 股权投资基金合伙企业(有限合伙)，敬请投资者注意投资风险。 ...

Group 1 - The company is actively exploring micro motors and is engaged in related product research and testing, indicating ongoing development efforts [1] - The company acknowledges that these initiatives carry a certain level of uncertainty, advising investors to be mindful of investment risks [1]

Core Viewpoint - Baotong Technology (300031) has formed a specialized team for intelligent robots to conduct secondary development, successfully exploring the collaborative application of robots in conveying systems [1] Group 1: Company Developments - The company has successfully developed quadruped and biped robots through secondary development, which have already secured orders from BHP [1] - Ongoing collaboration with Yushu is in progress, indicating potential future partnerships and projects [1] Group 2: Investor Communication - The company has engaged with investors through an interactive platform, addressing inquiries and providing updates on its technological advancements and partnerships [1] - Investors are advised to remain cautious regarding investment risks associated with the company's ongoing projects [1]

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问公司是否参与成立宁波辰韬智驾股权投资基金合 伙企业（有限合伙）？ 宝通科技（300031.SZ）12月1日在投资者互动平台表示，公司并未参与成立宁波辰韬智驾股权投资基金 合伙企业（有限合伙），敬请投资者注意投资风险。 ...

格隆汇12月1日丨宝通科技(300031.SZ)在投资者互动平台表示，公司组建智能机器人专项团队开展二次 开发，成功探索机器人在输送系统的协同应用，经过二次开发的四足及二足机器人已经取得必和必拓订 单，与宇树的相关事项在持续推进中。 ...

Core Viewpoint - The company has established a specialized team for intelligent robots to conduct secondary development, successfully exploring the collaborative application of robots in conveying systems [1] Group 1 - The company has successfully developed quadruped and biped robots through secondary development [1] - The company has received orders from BHP after the secondary development of its robots [1] - The company is continuously advancing related matters with Yushu [1]