证券代码：300052 证券简称：ST 中青宝 公告编号：2025-036 深圳中青宝互动网络股份有限公司 第六届监事会第十五次会议决议公告 本公司及监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、误导性陈述或者重大遗漏。 本次会议经过有效表决，审议通过了如下议案： 议案一：《关于审议〈2025 年第三季度报告〉的议案》 经审核，监事会认为董事会编制和审核公司《2025 年第三季度报告》的程 序符合法律、行政法规和深圳证券交易所的规定，报告内容真实、准确、完整地 反映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 公 司 《 2025 年 第 三 季 度 报 告 》 详 见 公 司 同 日 披 露 于 巨 潮 资 讯 网 （www.cninfo.com.cn）上的相关公告。 表决情况：3 票同意；0 票反对；0 票弃权。 议案二：《关于续聘会计师事务所的议案》 经审查，监事会认为：上会会计师事务所（特殊普通合伙）具备上市公司审 计业务的相关从业资质，具有审计业务的丰富经验和职业素养，并且具备作为外 部审计机构的独立性要求，同意聘任上会会计师事务所（特殊普通合伙）为公司 一、监 ...

证券代码：300052 证券简称：ST 中青宝 公告编号：2025-035 深圳中青宝互动网络股份有限公司 第六届董事会第十九次会议决议公告 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。 一、董事会会议召开情况 深圳中青宝互动网络股份有限公司（以下简称"公司"）第六届董事会第十 九次会议于 2025 年 10 月 28 日以现场表决结合通讯表决的方式在深圳市南山区 深圳湾科技生态园三期 10A 栋 23 层会议室召开。会议通知已于 2025 年 10 月 24 日以通讯方式送达全体董事、监事和高级管理人员。本次会议由董事长李逸伦先 生主持，应出席董事 4 名，实际出席董事 4 名。监事及高级管理人员列席了本次 会议。本次会议的召集召开符合有关法律、行政法规、部门规章、规范性文件及 《公司章程》的规定。本次会议审议通过了如下决议： 二、董事会会议审议情况 本次会议审议通过了如下议案并形成决议： 议案一：《关于审议〈2025 年第三季度报告〉的议案》 经审核，董事会认为公司《2025 年第三季度报告》的编制程序符合相关法 律法规及《公司章程》等内部规章制度的规定 ...

Revenue and Profitability - Revenue for Q3 2025 was CNY 44,482,694, a decrease of 19.86% year-over-year, and year-to-date revenue was CNY 142,429,112, down 19.40% compared to the same period last year[5] - Net loss attributable to shareholders for Q3 2025 was CNY -2,642,282.31, an increase of 76.74% year-over-year, with a year-to-date loss of CNY -27,288,099.84, a decrease of 24.96%[5] - Basic and diluted earnings per share for Q3 2025 were both CNY -0.01, reflecting a 75.00% increase year-over-year, while year-to-date figures were CNY -0.10, up 28.57%[5] - Total operating revenue for the current period is ¥142,429,112.30, down 19.4% from ¥176,716,117.64 in the previous period[15] - Net profit for the current period is -¥27,113,659.51, an improvement from -¥34,965,848.47 in the previous period[16] - Basic and diluted earnings per share are both -¥0.10, an improvement from -¥0.14 in the previous period[17] Cash Flow and Investments - Operating cash flow net amount for the year-to-date period was CNY 17,465,864.76, down 46.27% compared to the previous year[5] - Cash flow from investment activities increased by 67.09% year-over-year, mainly due to reduced long-term asset investment expenditures[8] - The company reported a net cash flow from operating activities of ¥17,465,864.76, down 46.3% from ¥32,504,484.70[18] - Net cash flow from investing activities was -$2,384,008.98, a decrease from -$7,243,385.54[19] - Total cash inflow from financing activities amounted to $28,050,710.57, compared to $23,063,337.63 in the previous period[19] - Net cash flow from financing activities was -$11,860,961.95, down from -$53,108,108.66[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 800,739,865.37, a decrease of 3.74% from the end of the previous year[5] - Total current assets amount to 152,797,939.86 RMB, an increase from 145,650,562.69 RMB at the beginning of the period[12] - Total non-current assets decreased to 647,941,925.51 RMB from 686,238,522.84 RMB[13] - Total current liabilities increased to 242,563,248.67 RMB from 231,167,891.49 RMB[13] - Total non-current liabilities decreased to 197,129,246.41 RMB from 204,380,148.54 RMB[13] - Total liabilities decreased slightly to ¥440,437,495.08 from ¥444,473,040.03[14] - Total equity attributable to shareholders decreased to ¥378,041,879.73 from ¥405,893,338.48[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,887[10] - The largest shareholder, Shenzhen Baode Technology Co., Ltd., holds 9.51% of shares, totaling 24,903,400 shares[10] Research and Development - Research and development expenses decreased by 37.75% year-over-year, attributed to strategic adjustments in business direction and optimization of resource allocation[8] - The company recorded a decrease in research and development expenses to ¥16,356,159.80, down 37.8% from ¥26,276,493.96[15] Other Financial Metrics - The company experienced a significant decrease in cash received from sales of goods and services, totaling ¥173,969,301.69, down 27.5% from ¥240,075,907.40[18] - Other comprehensive income attributable to shareholders decreased to -¥14.70 from -¥405.63[17] - Cash and cash equivalents at the end of the period are 17,328,316.52 RMB, down from 24,705,782.16 RMB[12] - Accounts receivable decreased to 34,720,917.75 RMB from 42,450,941.31 RMB[12] - Inventory decreased to 3,170,336.07 RMB from 4,541,068.30 RMB[12] Accounting and Reporting - The company’s third-quarter financial report was not audited[20] - The new accounting standards will be first implemented starting in 2025[20]

Core Insights - The Chinese gaming industry is experiencing a high prosperity cycle, with 159 domestic games approved in October, indicating strong demand and supply dynamics [1][2] - The A-share gaming sector has shown significant growth, with the Shenwan secondary gaming index up approximately 66% year-to-date, ranking eighth among all Shenwan secondary industries [2] - The approval of new game titles, including major releases from Tencent and other listed companies, suggests ongoing innovation and market expansion [1][4][5] Domestic Game Approvals - In October, 159 domestic games received approval, with 73 categorized as mobile-casual and 70 as mobile games [1] - Notable titles include Tencent's "八荒奇旅," 37 Interactive's "生存33天," and others from companies like ST中青宝 and 祖龙娱乐 [1][4] Import Game Approvals - Seven new imported games received approval in October, including "蜡笔小新" from 游族网络 [2] - The total number of game approvals for the year has reached 1,441, maintaining a steady monthly issuance rate [2] Market Performance - The gaming sector has seen substantial stock price increases, with companies like 巨人网络 and 吉比特 experiencing over 210% and 110% growth, respectively [2] - The current valuation of the gaming sector remains attractive, prompting recommendations for increased investment [2] Future Growth Projections - Omdia forecasts that the total revenue from gaming subscriptions in the Asia-Pacific region will grow from $6.5 billion in 2025 to $9.4 billion by 2029, outpacing global averages [3] - The domestic self-developed online gaming market saw a 19% year-on-year growth in the first half of the year, indicating a robust recovery and innovation cycle [3] Company Performance Highlights - Tencent reported a revenue of 364.53 billion yuan in the first half of the year, with a 13.7% year-on-year increase, driven by its gaming and social services segment [4] - 祖龙娱乐 achieved a revenue of 634 million yuan in the first half of 2025, a 44.4% increase compared to the previous year, attributed to new game launches [4] - 友谊时光's revenue reached 623 million yuan, marking an 18.5% increase, with a significant turnaround in profitability [5] - 网易 reported a net income of 56.72 billion yuan, with gaming-related services showing a 13.7% year-on-year growth [6]

Market Overview - The gaming sector experienced a decline of 0.27% on October 20, with ST Huatuo leading the drop [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Top Gainers in Gaming Sector - The top gainers included: - Youzu Network (002174) with a closing price of 11.66, up 5.42% and a trading volume of 645,700 shares, totaling 741 million yuan [1] - ST Dazheng (600892) at 4.14, up 5.08% with a trading volume of 106,800 shares, totaling 43.65 million yuan [1] - Kaiying Network (002517) at 23.74, up 4.12% with a trading volume of 526,800 shares, totaling 1.258 billion yuan [1] Top Losers in Gaming Sector - The top losers included: - ST Huadao (002602) at 17.32, down 4.94% with a trading volume of 2,259,200 shares, totaling 3.996 billion yuan [2] - Yaoji Technology (002605) at 25.21, down 2.17% with a trading volume of 85,200 shares, totaling 21.7 million yuan [2] - Shunwang Technology (300113) at 23.75, down 1.86% with a trading volume of 231,900 shares, totaling 559 million yuan [2] Capital Flow in Gaming Sector - The gaming sector saw a net outflow of 421 million yuan from main funds, while retail investors contributed a net inflow of 492 million yuan [2][3] - Notable capital flows included: - Kaiying Network (002517) with a main fund net outflow of 64.59 million yuan [3] - Youzu Network (002174) with a main fund net inflow of 46.51 million yuan [3] - Perfect World (002624) with a main fund net inflow of 24.05 million yuan [3] ETF Performance - The Gaming ETF (159869) tracking the China Animation and Gaming Index saw a decline of 7.55% over the past five days, with a net outflow of 64.67 million yuan [5]

Core Points - The gaming sector experienced a decline of 1.29% on October 16, with Mingchen Health leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - The table shows various gaming stocks with their closing prices, percentage changes, trading volumes, and transaction amounts, indicating mixed performance among individual stocks [1] - Notable declines include: - 37 Interactive Entertainment down 1.33% [1] - Glacier Network down 1.38% [1] - Yaoji Technology down 1.47% [1] - Conversely, ST Dazheng and ST Kaiwen showed slight increases of 0.99% and 0.26% respectively [1] Capital Flow - The gaming sector saw a net outflow of 833 million yuan from major funds, while retail investors contributed a net inflow of 628 million yuan [3] - Speculative funds recorded a net inflow of 205 million yuan [3]

Core Viewpoint - The article discusses the upcoming court hearing for Zhongqingbao (300052) regarding investor claims due to false statements made in financial reports from 2019 to 2021, which resulted in inflated revenue and profits [1][2]. Summary by Sections Legal Proceedings - Zhongqingbao has received a subpoena, and the investor compensation case will be heard in Shenzhen Intermediate People's Court on October 28, 2025 [1]. - The law firm, led by attorney Xu Feng, is continuing to accept claims from other investors and has already filed several cases [1]. Financial Misconduct - From 2019 to 2021, Zhongqingbao's subsidiary, Shenzhen Baoteng Internet Technology Co., Ltd., engaged in fictitious business activities that inflated revenue and costs [1]. - Specific financial discrepancies include: - 2019: Revenue inflated by 33.61 million yuan (7.17% of reported revenue), costs inflated by 25.28 million yuan, and profit inflated by 8.33 million yuan (14.96% of reported profit) [2]. - 2020: Revenue inflated by 28.09 million yuan (9.56%), costs inflated by 21.11 million yuan, and profit inflated by 6.98 million yuan (5.45%) [2]. - 2021: Revenue inflated by 17.88 million yuan (5.03%), costs inflated by 25.09 million yuan, and profit reduced by 7.21 million yuan (13.17%) [2]. Investor Claims - Investors who purchased Zhongqingbao shares between January 4, 2024, and July 27, 2024, and sold or held them after July 27, 2024, are eligible to file claims [3]. - Additionally, investors who bought shares between March 27, 2020, and April 29, 2023, and sold or held them after April 29, 2023, can also initiate claims [3]. Related Cases - The article also mentions a similar case involving Huichen Co. (688500), where investors have already seen successful outcomes [3]. - Huichen Co. was found to have inflated revenue and profits through fictitious business dealings and improper revenue recognition, leading to false disclosures in their financial reports [4].

Group 1 - The National Press and Publication Administration approved 145 domestic online games in September 2025, including titles from NetEase and Zhongqingbao [1] - Notable games approved include NetEase's "Starry Friends" and Zhongqingbao's "Open Party Ancestor" [1] Group 2 - The approval list includes various game types, primarily mobile games, with a focus on casual and puzzle genres [2][3] - The approval date for all listed games is September 24, 2025 [2][3] Group 3 - The list features games from multiple publishers and developers, indicating a diverse gaming market in China [4][5] - The presence of established companies like NetEase and emerging developers suggests a competitive landscape [5][6]

Core Viewpoint - The National Press and Publication Administration announced the approval of 145 domestic online games on September 24, 2025, including titles from NetEase and Zhongqingbao [1]. Group 1: Game Approvals - A total of 145 games received approval from the National Press and Publication Administration [1]. - Notable titles include NetEase's "Starry Friends" and Zhongqingbao's "Open Party Master" [1]. Group 2: Game Details - The list includes various game genres, primarily focusing on mobile and casual games [3][4][5]. - Each game is assigned an ISBN and a unique approval number, indicating regulatory compliance [6][7].

Market Overview - On September 22, the gaming sector rose by 0.16% compared to the previous trading day, with ST Huatuo leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - ST Huatuo (002602) closed at 19.81, with a gain of 4.98% and a trading volume of 1.495 million shares, amounting to a transaction value of 2.924 billion [1] - Other notable gainers included *ST Dazheng (600892) with a 4.08% increase and ST Kaiwen (002425) with a 3.33% increase [1] - Conversely, 37 Interactive Entertainment (002555) saw a decline of 5.52%, closing at 22.24, with a trading volume of 1.5908 million shares and a transaction value of 3.588 billion [2] Capital Flow Analysis - The gaming sector experienced a net outflow of 1.484 billion from institutional investors, while retail investors saw a net inflow of 1.582 billion [2][3] - ST Huatuo had a net inflow of 2.26 billion from institutional investors, while retail investors had a net outflow of 960.133 million [3] ETF Performance - The gaming ETF (product code: 159869) tracking the China Securities Animation and Gaming Index increased by 3.64% over the past five days, with a net inflow of 17.632 million [5] - The food and beverage ETF (product code: 515170) decreased by 2.31%, with a net outflow of 24.043 million [5]