中国深圳福田区深南大道 4011 号香港中旅大厦 21A-3 层、第 22A、23A、24A、25A 层， 21A-3/F., 22A/F.,23A/F.,24A/F., 25A/F., CTS Tower, No.4011, ShenNan Road, ShenZhen, 电话（Tel.）：（86）755-83025555；传真（Fax.）：（86）755-83025068, 83025058 邮编(P.C.)：518048；网址（Website）：http://www.huashang.cn 广东华商律师事务所 关于 深圳中青宝互动网络股份有限公司 广东华商律师事务所 2025 年 5 月 广东华商律师事务所 关于深圳中青宝互动网络股份有限公司 2024 年年度股东大会 法律意见书 2024 年年度股东大会之 法律意见书 致：深圳中青宝互动网络股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）及中国证券监督管理委员会《上市公司 股东大会规则》（以下简称"《股东大会规则》"）等法律、法规及规范性文件的 规定，广东华商律师事务所（以下简称 ...

Core Insights - The gaming industry is witnessing a significant focus on SLG (Simulation and Strategy Games) products, with companies like Shenzhou Taiyue and IGG reporting synchronized growth in revenue and profits from their flagship titles [2][6][10] - Mini-games are emerging as a popular segment, contributing significantly to revenue for companies such as Zhongqingbao and Zhangqu Technology, indicating a shift in consumer preferences [2][24][30] Revenue and Performance - In 2024, 12 games reported annual revenues exceeding 500 million yuan, with 10 games showing year-on-year growth, including titles like "Age of Origins" and "Doomsday: Last Survivors" [6][7] - Shenzhou Taiyue's "Age of Origins" generated 352,915 million yuan in revenue, marking a 7% increase, while "War and Order" also maintained strong performance with over 100 million yuan in revenue [7][8] - IGG's "Kingdom Age" remains a top revenue generator, although its income has declined from 30 billion HKD to nearly 26 billion HKD [11] Marketing and Promotion - Ten games had promotional expenses exceeding 10 million yuan, with "Age of Origins" leading at 66,080 million yuan, representing 19% of its revenue [18][19] - Companies are increasingly focusing on reducing promotional expenditures to enhance profitability, as seen with "Super World" and "War and Order" [20][21] Mini-Game Market - The mini-game market is experiencing rapid growth, with a reported revenue of 39.836 billion yuan in 2024, a 99.18% increase year-on-year [24] - Companies like Xinghui Entertainment and Zhongqingbao are actively investing in mini-games, with titles like "Anti-Japanese Heroes 2" generating significant revenue [30][32] Future Developments - Shenzhou Taiyue is planning to test new SLG titles in the overseas market, indicating a strategic expansion [10] - IGG is also set to launch new SLG projects, aiming for diversified growth in the coming years [12]

证券代码：300052 证券简称：ST 中青宝 公告编号：2025-021 广东崇立律师事务所对本事项出具了法律意见书，具体内容详见公司于 2025 年 4 月 25 日在中国证监会指定的创业板信息披露网站上公告的《关于公司 2021 年股票期权激励计划第三个行权期行权条件未成就及注销部分股票期权的 公告》（公告编号：2025-016）。 二、本次股票期权注销的进展情况及对公司的影响 经中国证券登记结算有限责任公司深圳分公司审核确认，公司前述股票期权 注销事宜已于 2025 年 5 月 7 日办理完毕。 1 深圳中青宝互动网络股份有限公司 关于 2021 年股票期权激励计划剩余股票期权注销完成的公告 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。 一、本次股票期权注销的基本情况 深圳中青宝互动网络股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开第六届董事会第十六次会议及第六届监事会第十三次会议，分别审议通过 了《关于公司 2021 年股票期权激励计划第三个行权期行权条件未成就及注销部 分股票期权的议案》。 根据公司《2021 年股票期权激 ...

Core Viewpoint - Huibo Yuntong (301316.SZ) announced a suspension of trading to plan a share issuance and cash payment to acquire control of Baode Computer System Co., Ltd. (hereinafter referred to as "Baode Computer") while raising matching funds. The transaction will not lead to a change in the actual controller, and specific plans are pending disclosure [2][3]. Group 1: Acquisition Details - The acquisition aims to gain control of Baode Computer, but the leading party is the small shareholders of Baode Computer, specifically five limited partnership enterprises from Tianjin, holding approximately 12.76% of the shares [3][4]. - The major shareholder, Horgos Baode Venture Capital Co., Ltd. (holding 38.23%), will not participate in the transaction, complicating the acquisition process as Huibo Yuntong needs the consent of a majority of shareholders to gain control [3][6]. - Baode Computer has a total of 50 shareholders, with only two holding more than 10% of the shares, indicating a dispersed ownership structure that poses challenges for Huibo Yuntong in acquiring the necessary control [4][6]. Group 2: Market Context and Challenges - Baode Computer is a domestic provider of computing product solutions, ranking among the top five domestic brands in the Chinese server market, with annual sales revenue around 10 billion yuan [7]. - The company was previously part of Baode Technology Group, which was listed in Hong Kong but was privatized in 2020. Baode Computer has been preparing for an independent IPO since September 2021 [7][9]. - The recent shift from IPO to acquisition raises questions about the motivations of the small shareholders and the potential for a compromise with the major shareholder, which could affect the core assets of Baode Computer [9][11]. Group 3: Financial Performance of Huibo Yuntong - Since its listing in 2022, Huibo Yuntong has undergone seven acquisitions, focusing on expanding its presence in the financial technology sector [13]. - The company has seen revenue growth driven by acquisitions, with reported revenues of 1.18 billion yuan, 1.36 billion yuan, and 1.74 billion yuan from 2022 to 2024, but net profits have declined from 89.35 million yuan to 65.58 million yuan during the same period [13][14]. - In the first quarter of 2025, Huibo Yuntong reported revenue of 505 million yuan, a 37% year-on-year increase, but net profit fell by 70%, indicating pressure on profitability and increasing financial leverage [14].

Core Viewpoint - 2024 presents both challenges and opportunities for the company, with a focus on overcoming performance difficulties through strategic business development in gaming, cloud services, digital twin technology, and cultural tourism [1][10]. Group 1: Financial Performance - The company reported total revenue of 227 million yuan, a year-on-year decrease of 12.32%, and a net loss attributable to shareholders of 52.74 million yuan, although this represents a year-on-year reduction in losses by 4.19% [1]. - The non-recurring net profit loss was 52.55 million yuan, showing a year-on-year reduction in losses of 22.95% [1]. Group 2: Industry Trends - The gaming industry in China is projected to reach a market size of 325.78 billion yuan in 2024, with a year-on-year growth of 7.53%, driven by increasing player demands for quality and innovative gameplay [2]. - The cloud services sector is experiencing rapid growth, with the smart computing power scale expected to reach 1,037.3 EFLOPS by 2025, a 43% increase from 2024, and the market size projected to reach 25.9 billion USD, a year-on-year growth of 36.2% [2]. - The digital twin industry is gaining momentum due to government support, with applications in smart cities and industrial internet becoming more prevalent [3]. Group 3: Business Segments - In the gaming sector, the company is revitalizing classic games and exploring diverse genres, with successful updates to titles like "Anti-Japanese War" and the launch of new mobile games contributing positively to revenue [4]. - The cloud services business is expanding through the utilization of data centers and the development of AI and cloud computing services, despite facing competitive pressures that have impacted profit margins [5][6]. - The digital twin and cultural tourism sectors are highlighted by the success of the "Dragon Rising Nine Continents" project, which has turned profitable and is enhancing visitor experiences through digital technology [8]. Group 4: Future Outlook - The company anticipates gradual performance improvement through the synergistic development of its three main business segments, with expectations of increased player engagement and revenue in gaming, growth in cloud service profitability, and expanded market coverage in cultural tourism [9][10].

Core Viewpoint - The company has established a multi-driven business model encompassing gaming, cloud services, and digital twin & cultural tourism, aiming for sustainable development and innovation in the gaming industry while expanding into new sectors [4][17]. Group 1: Company Overview - The company has accumulated extensive experience in the gaming industry over 18 years, focusing on promoting traditional culture through original online games [7]. - The company plans to optimize and upgrade its existing games, particularly focusing on enhancing user experience and gameplay for titles like "抗战" and "亮剑" [7][8]. - The company aims to strengthen its game development capabilities and diversify its product offerings, with new titles in testing and development [9]. Group 2: Gaming Business - The gaming segment is anchored by the "红游" brand, which is expanding its product line to include various game genres while integrating emerging technologies [5][6]. - The company is actively promoting new mobile games that resonate with the "国潮" trend, targeting younger audiences and enhancing user engagement [8]. - The company is pursuing international market opportunities by enhancing its overseas distribution capabilities and introducing quality products for domestic players [10]. Group 3: Cloud Services - The company operates as a third-party IDC service provider, recognized for its high-quality data center services and partnerships with major telecom operators [12][13]. - The company has established multiple data centers across cities like Shenzhen and Chengdu, providing stable and secure internet services [13]. - The company's revenue model includes providing IDC resources and various internet services to clients, leveraging its established infrastructure [16]. Group 4: Digital Twin & Cultural Tourism - The company is leveraging digital twin technology to integrate with cultural tourism, aiming to enhance the synergy between digital technology and the real economy [17]. - Projects like "慎初烧坊一酿酒大师" and "凤凰水世界" showcase the company's innovative approach to creating immersive experiences in the cultural tourism sector [18][19]. - The "龙腾九洲" project combines virtual reality with cultural IP to create an interactive experience that highlights traditional Chinese culture [20]. Group 5: Financial Data - The company has not restated or adjusted previous financial data, indicating stability in its financial reporting [22]. - The company has maintained a consistent financial performance without significant discrepancies in quarterly reports [22].

证券代码：300052 证券简称：ST 中青宝 公告编号：2025-016 深圳中青宝互动网络股份有限公司 关于公司 2021 年股票期权激励计划第三个行权期行权条件 未成就及注销部分股票期权的公告 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。 深圳中青宝互动网络股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开第六届董事会第十六次会议及第六届监事会第十三次会议，审议通过了 《关于公司 2021 年股票期权激励计划第三个行权期行权条件未成就及注销部分 股票期权的议案》。根据公司《2021 年股票期权激励计划（草案）》（以下简 称《激励计划（草案）》）和《2021 年股票期权激励计划实施考核管理办法》 的相关规定，鉴于公司 2024 年度营业收入未达到公司层面的业绩考核指标，公 司 2021 年股票期权激励计划（以下简称"本次激励计划"）第三个行权期行权 条件未成就，基于前述情况，公司决定对本次激励计划第三个行权期行权条件未 成就的激励对象已获授的股票期权 2,076,000 份进行注销。 公司董事李逸伦先生作为本次激励计划的激励对象已回避 ...

extified Public Accountants (Special General Pa 内部控制审计报告 中国 上海 ·计师 李 务 所（特殊善通台 深圳中青宝互动网络股份有限公司 内部控制审计报告 上会师报字(2025)第 7207 号 上会会计师事务所（特殊普通合伙） 一、企业对内部控制的责任 上会师报字(2025)第 7207 号 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制评 价指引》的规定,建立健全和有效实施内部控制,并评价其有效性是贵公司董事会 的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上,对财务报告内部控制的有效性发表审 计意见,并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性,存在不能防止和发现错报的可能性。此外,由于情 况的变化可能导致内部控制变得不恰当,或对控制政策和程序遵循的程度降低,根 据内部控制审计结果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为,贵公司于 2024年 12月 31 目按照《企业内部控制基本规范》和相关 规定在所有重大方面保持了 ...

关于深圳中青宝互动网络股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审核报告 上会师报字(2025)第 7208 号 上会会计师事务所（特殊普通合伙） 中国 上海 ·计师李今所(特殊普通合 2024 年度非经营性资金占用及其他关联资金往来情况汇总表的 专项审核报告 上会师报字(2025)第 7208 号 深圳中青宝互动网络股份有限公司全体股东: 我们接受委托,依据《中国注册会计师执业准则》审计了深圳中青宝互动网络 股份有限公司（以下简称"贵公司"）2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表,2024年度的合并及母公司利润表、合并及母公司现 金流量表、合并及母公司股东权益变动表及财务报表附注,并于 2025年4月 23 目出 具了审计报告（报告书编号为: 上会师报字(2025)第 7206 号 )。在此基础上，我们审 核了后附的贵公司管理层编制的"深圳中青宝互动网络股份有限公司 2024 年度非经 营性资金占用及其他关联资金往来情况汇总表"(以下简称"汇总表")。 贵公司管理层的责任是提供真实、合法、完整的相关资料,按照《上市公司监 管指引第 8 ...

关于深圳中青宝互动网络股份有限公司 2024 年度营业收入扣除事项的专项核查报告 上会师报字(2025)第 7209 号 深圳中青宝互动网络股份有限公司全体股东: 关于深圳中青宝互动网络股份有限公司 2024 年度营业收入扣除事项的专项核查报告 上会师报字(2025)第 7209 号 上会会计师事务所（特殊普通合伙） 中国 上海 合计师 李今所（特殊普通合 ertilied Public Accountants (Special General "Par 我们接受委托,对深圳中青宝互动网络股份有限公司 (以下简称"贵公司")2024 年度财务报表进行审计,并出具了上会师报字(2025)第 7206 号审计报告。在此基础上， 我们检查了后附的贵公司管理层编制的《2024年度营业收入扣除情况表》(以下简称 "营业收入扣除情况表")。 一、管理层的责任 贵公司管理层的责任是提供真实、合法、完整的相关资料,按照《深圳证券交 易所创业板股票上市规则》及《深圳证券交易所创业板上市公司自律监管指南第 1 号 -- 业务办理》的规定编制营业收入扣除情况表,并保证其内容真实、准确、完 整,不存在虚假记载、误导性陈述或重大遗漏。 ...