证券代码：300418 证券简称：昆仑万维 公告编号：2024-061 本次申请综合授信额度事项无需提交股东大会审议。 特此公告。 昆仑万维科技股份有限公司董事会 昆仑万维科技股份有限公司 关于向银行申请综合授信额度的公告 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。 昆仑万维科技股份有限公司（以下简称"昆仑万维"或"公司"）于 2024 年 9 月 13 日召开第五届董事会第十七次会议，审议通过了《关于向银行申请综合授信额度的 议案》。现将有关情况公告如下： 因经营发展需要，公司拟向中国工商银行股份有限公司北京翠微路支行申请不超过 10,000 万元人民币的综合授信额度，为期 1 年，授信将基于公司的信用状况，无需提 供抵押物或其他形式的担保；拟向杭州银行股份有限公司北京中关村支行申请不超过 5,000 万元人民币的综合授信额度，为期 1 年，授信将基于公司的信用状况，无需提供 抵押物或其他形式的担保。上述授信具体数额以公司根据实际经营需求及与银行签订的 最终协议为准。在上述授信额度内，董事会授权公司董事长或其指定的授权代理人代表 公司办理相关事宜，签署相 ...

证券代码：300418 证券简称：昆仑万维 公告编号：2024-060 昆仑万维科技股份有限公司 第五届董事会第十七次会议决议公告 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 1、昆仑万维科技股份有限公司（以下简称"公司"）第五届董事会第十七次会议通 知于 2024 年 9 月 8 日采取通讯方式通知了全体董事、监事。 2、公司第五届董事会第十七次会议于 2024 年 9 月 13 日以现场与通讯相结合的方 式召开。 本次会议审议议案和表决、通过情况如下： （一）审议通过《关于向银行申请综合授信额度的议案》 内容详见刊登于中国证监会指定信息披露网站巨潮资讯网（www.cninfo.com.cn） 的公司《关于向银行申请综合授信额度的公告》。 董事会对此项议题进行了讨论和表决。 表决结果：赞成票 7 票，占出席会议有效表决票的 100%，反对票 0 票，弃权票 0 票。 3、本次会议应参加的董事 7 名，实际参加的董事 7 名。 4、会议由方汉董事长主持。公司部分监事、高级管理人员列席了本次会议。 5、董事会的举行和召开符合国家有关法 ...

Financial Performance - In the first half of 2024, Kunlun Wanwei achieved total revenue of 2.5 billion yuan, a year-on-year increase of 3.2% [2] - The overall gross margin reached 78.2%, maintaining a high level [2] - Overseas business revenue amounted to 2.21 billion yuan, a year-on-year increase of 9.0%, accounting for 88.2% of total revenue [2] Investment in AI Development - R&D expenses for the first half of 2024 reached 760 million yuan, a year-on-year increase of 115.7% [2] - The company is committed to investing in the development and iteration of generative AI foundational models [2] AI Product Innovations - The company launched the "Tiangong 3.0" model with 400 billion parameters, showing significant performance improvements in semantic understanding and logical reasoning, with enhancements exceeding 20% in technical knowledge and over 30% in math, reasoning, and creative writing capabilities [3] - The daily active users (DAU) of the Tiangong AI Smart Assistant surpassed 1 million during the reporting period [3] - The AI social application Linky achieved a DAU of over 500,000, integrating storytelling, script creation, and chat interaction features [3][5] New AI Platforms and Applications - The company released the AI music model SkyMusic 2.0, capable of generating songs with over 500 words of lyrics and lasting up to 6 minutes, marking a significant advancement in the AIGC music model field [4] - The AI short drama platform SkyReels was launched, allowing users to create high-quality videos with integrated script generation and scene planning [4][6] Market Expansion and Future Outlook - The company aims to expand Linky into more global markets, targeting a DAU of 10 million in the long term [5] - The AI short drama product SkyReels is expected to penetrate the UGC market, with plans to increase the creator base over the next 1-2 years [6] - The company is focused on balancing AI investment and returns, emphasizing the importance of product innovation and user growth [6][8]

公司近一年市场表现 | --- | --- | |------------------------|-------------| | 市场数据：2024年8月 | 日 | | 收盘价（元）： | 25.93 | | 年内最高/最低（元）： | 45.60/25.76 | | 流通A股/总股本（亿）： | 12.31/12.31 | | 流通A股市值（亿）： | 319.33 | | 总市值（亿）： | 319.33 | | 基础数据：2024年6月 | 日 | | 基本每股收益(元)： | -0.32 | | 摊薄每股收益(元)： | -0.32 | | 每股净资产(元)： | 14.43 | | 净资产收益率(%)： | -2.81 | | 资料来源：最闻 | | 分析师： 社交与互动媒体 昆仑万维（300418.SZ） 买入-A(维持) AI 投入及投资收益扰动 Q2 利润，All in AI 战略稳步推进 2024 年 8 月 28 日 公司研究/公司快报 事件：公司发布 24 年半年报，24H1 公司实现营收 25.02 亿元，同比 +3.16%，归母净利润-3.89 亿元，同比-208.64%。其中 ...

Investment Rating - The report maintains an "Outperform" rating for the company [3][15]. Core Insights - The company experienced stable revenue growth, with a reported revenue of 2.501 billion yuan in the first half of 2024, representing a year-on-year increase of 3.16%. However, the net profit attributable to shareholders was a loss of 389 million yuan, a significant decline of 208.64% year-on-year [1][4]. - The company's overseas business continues to grow, accounting for 88.2% of total revenue, with a year-on-year increase of 9.02% [1][8]. - Research and development (R&D) expenses surged to 757 million yuan, a 115.7% increase year-on-year, indicating a strong commitment to advancing AI and metaverse initiatives [1][6]. Summary by Sections Financial Performance - In the second quarter of 2024, the company achieved a revenue of 1.294 billion yuan, with a year-on-year growth of 7.1%. The net profit attributable to shareholders was a loss of 202 million yuan, reflecting a decline of 238.0% year-on-year [1][4]. - The company’s adjusted net profit for the first half of 2024 was a loss of 407 million yuan, down 230.6% year-on-year, primarily due to fluctuations in investment income and increased R&D expenses [1][4]. Business Segments - The search and advertising segments showed positive growth, with revenues of 623 million yuan and 890 million yuan, respectively, marking increases of 17.31% and 22.89% year-on-year [1][8]. - The gaming and overseas social business segments saw revenue declines of 18.37% and 5.92% year-on-year, respectively [1][8]. R&D and Innovation - The company is advancing its AI capabilities, with the TianGong model reaching version 3.0, featuring 400 billion parameters, making it one of the largest and most powerful open-source models globally [1][6]. - The company is actively developing several AI applications, including AI games and social platforms, with daily active users surpassing 500,000 for its AI social product [1][6]. Future Outlook - The company forecasts net profits for 2024, 2025, and 2026 to be -21 million yuan, 373 million yuan, and 573 million yuan, respectively, with corresponding diluted EPS of -0.02 yuan, 0.31 yuan, and 0.47 yuan [2][9]. - The current stock price corresponds to a PE ratio of -1546 for 2024, 85 for 2025, and 56 for 2026, indicating significant volatility in earnings expectations [2][9].

Investment and Financial Performance - The company reported that its global average monthly active users reached nearly 400 million, covering over 100 countries and regions[102]. - The company's operating revenue for the first half of 2024 was ¥2,501,811,162.32, representing a 3.16% increase compared to ¥2,425,229,544.83 in the same period last year[32]. - The net profit attributable to shareholders was -¥389,136,070.45, a decrease of 208.64% from ¥358,189,359.72 in the previous year[32]. - The net cash flow from operating activities decreased by 64.53%, amounting to ¥189,088,081.19 compared to ¥533,113,423.95 in the same period last year[32]. - The basic earnings per share were -¥0.32, a decline of 206.67% from ¥0.30 in the previous year[32]. - Total assets at the end of the reporting period were ¥21,039,773,543.60, down 2.07% from ¥21,484,962,358.21 at the end of the previous year[32]. - The net assets attributable to shareholders decreased by 0.53%, totaling ¥15,093,299,461.48 compared to ¥15,174,349,421.64 at the end of the previous year[32]. - The company plans not to distribute cash dividends or issue bonus shares[17]. - The company reported a net profit of RMB 32,060.82 million for the year 2023, exceeding the promised net profit of RMB 27,600 million[177]. - Cumulative net profit from 2021 to 2023 reached RMB 80,862.31 million, surpassing the cumulative commitment of RMB 69,766.67 million[177]. Risk Management and Competition - The company has increased its investment in AGI and AIGC technologies, which poses a risk of potential losses if these investments do not yield expected returns[5]. - The company is facing intensified competition in the internet sector, particularly in AI applications, necessitating continuous innovation and differentiated strategies to maintain market share[8]. - The company is actively managing risks associated with currency fluctuations due to its significant overseas revenue, which has been increasing since 2009[14]. - The company acknowledges the potential impact of macroeconomic fluctuations on consumer spending and is prepared to address any long-term challenges in user payment willingness[7]. - The company faces risks related to the loss of core management and technical talent due to the rapid development of AGI and AIGC technologies[15]. - The company is facing risks related to increased investments in AGI and AIGC technologies, which may lead to potential losses if returns are not realized as expected[138]. - The global economic cycle poses risks, with potential impacts on consumer spending and willingness to pay, although current operations remain unaffected[139]. - Risks associated with overseas market operations include varying political, legal, and cultural environments that may affect product compliance and market adaptation[141]. - The rapid pace of product iteration in the internet industry increases the risk of new product development failures if market demands are not accurately understood[142]. - The lifecycle of internet products presents risks of user attrition if timely updates and innovations are not implemented[143]. - Investment projects may underperform due to changing environments and emerging competitors, prompting the company to focus on careful investment selection and management[145]. - Currency exchange risks arise from international operations, with potential impacts on financial performance due to fluctuations in foreign exchange rates[146]. - The company faces risks related to goodwill impairment if the performance of acquired assets deteriorates, necessitating strict impairment testing and management[146]. - The company is at risk of losing core management and technical talent due to industry competition, prompting efforts to enhance employee retention through competitive compensation and a supportive work environment[147]. Research and Development - Research and development expenses for the first half of the year were 757 million yuan, an increase of 115.72% year-on-year[40]. - The company has developed nearly 1 million official and UGC AI agents on the TianGong AI Intelligent Agent platform, covering various aspects such as learning efficiency and entertainment[54]. - The TianGong 3.0 model was released with 400 billion parameters, significantly improving performance and efficiency compared to its predecessor[46]. - The AI music model "TianGong SkyMusic" has been iterated to version 2.0, supporting songs of up to 6 minutes and 44,100Hz sampling rate[49]. - The company is advancing its AI high-performance computing chip project, aiming to provide robust hardware support for AI and data centers[45]. - The company launched the AI music streaming platform Melodio and the AI music creation platform Mureka in August 2024[43]. - The AI game "Project G7" is in development, featuring an open-world RPG experience with AI-driven narratives and user-generated content capabilities[58]. - The company has successfully launched the SkyMusic 2.0 model, enhancing its AI music offerings for both domestic and international markets[61]. Corporate Governance and Compliance - The company emphasizes the importance of corporate governance and has established a robust internal control system to enhance decision-making fairness and scientificity[166]. - The company actively maintains communication with investors, ensuring transparency and timely information disclosure to enhance investor confidence[168]. - The company has established multiple channels for investor relations management, including its website and annual reports, to facilitate effective communication[168]. - The company is focused on enhancing its corporate governance structure to maximize shareholder value and maintain a stable relationship with investors[166]. - The company has committed to avoiding competition with its subsidiaries and ensuring that any business opportunities are prioritized for the company[173]. - The company has established an independent financial accounting department and management system to ensure financial independence[177]. - The company has a complete and independent labor and compensation management system, separate from the controlling shareholder[177]. - The company has committed to maintaining its operational independence, including having independent assets and personnel[177]. - The company has maintained compliance with its commitments regarding related party transactions and has ensured fair pricing in such transactions[177]. - There were no instances of non-operating fund occupation by the controlling shareholder or other related parties during the reporting period[182]. Talent Management and Employee Relations - The company aims to enhance its governance structure and management level to address challenges arising from its expanding scale and complexity[16]. - The company emphasizes maintaining a competitive compensation structure and fostering an innovative work environment to attract and retain high-quality talent[15]. - The company has established a diverse and international talent team to enhance its competitive advantage in the AI sector[107]. - The company has implemented measures to protect the rights and interests of employees, including compliance with labor laws and providing various benefits[168]. - The company strictly adheres to labor laws, providing employees with social insurance and a healthy work environment, including annual health check-ups and vacations[168].

证券代码：300418 证券简称：昆仑万维 公告编号：2024-055 昆仑万维科技股份有限公司 第五届监事会第十一次会议决议公告 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、 误导性陈述或重大遗漏。 一、监事会会议召开情况 1、昆仑万维科技股份有限公司（以下简称"公司"）第五届监事会第十一次会议通 知于 2024 年 8 月 13 日采取通讯方式通知了全体监事。 2、公司第五届监事会第十一次会议于 2024 年 8 月 23 日现场召开。 3、本次会议应参加的监事 3 名，实际参加的监事 3 名。 4、会议由冯国瑞主持。公司全体监事出席了本次会议。 5、监事会的举行和召开符合国家有关法律、法规及公司章程的规定。 二、监事会会议审议情况 本次会议审议议案和表决、通过情况如下： （一）审议通过《关于公司<2024 年半年度报告全文及摘要>的议案》 公司监事会根据《公司法》和《公司章程》的有关规定，本着对全体股东负责的态 度，谨慎履行法律、法规赋予的职责，认真地审核了公司《2024 年半年度报告全文及摘 要》。 因公司实施2023年年度权益分派，经董事会审议，决定对2022年推出的《限 ...

关于调整 2023 年限制性股票激励计划授予价格的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 证券代码：300418 证券简称：昆仑万维 公告编号：2024-057 昆仑万维科技股份有限公司 昆仑万维科技股份有限公司（以下简称"公司"）于 2024 年 8 月 23 日召开 第五届董事会第十六次会议、第五届监事会第十一次会议，审议通过了《关于调 整 2023 年限制性股票激励计划授予价格的议案》。现将有关事项说明如下： 一、2023 年限制性股票激励计划简述 1、2023年2月24日，公司第四届董事会第四十次会议审议通过了《关于公司 <2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023年限 制性股票激励计划实施考核管理办法>的议案》和《关于提请股东大会授权董事 会办理2023年限制性股票激励计划相关事宜的议案》。公司独立董事对本激励计 划的相关事项发表了独立意见。 2023年2月24日，公司第四届监事会第二十七次会议审议通过了《关于公司 <2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023年限 制性股票激励 ...

上 海 兰 迪 律 师 事务 所 关于昆仑万维科技股份有限公司 2022 年限制性股票激励计划、2023 年限制性股票激励计划、 2024 年第一期限制性股票激励计划调整授予价格的 法 律 意 见 书 中国上海市虹口区东大名路 1089 号北外滩来福士广场东塔 16 楼（200082） 16th Floor, East Tower, Raffles City, No.1089, Dongdaming Road, Hongkou District, 200082, Shanghai, China Tel: 8621-66529952 Fax: 8621-66522252 上海兰迪律师事务所 关于昆仑万维科技股份有限公司 2022 年限制性股票激励计划、2023 年限制性股票激励计划、2024 年第一期限制性股票激励计划调整授予价格的法律意见书 致：昆仑万维科技股份有限公司 上海兰迪律师事务所接受昆仑万维科技股份有限公司（以下简称"昆仑万维" 或"公司"，证券代码为 300418）的委托，为公司实施限制性股票激励计划所涉 及的相关事宜出具法律意见书。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"） ...

昆仑万维科技股份有限公司 2024 年 1-6 月非经营性资金占用及其他关联资金往来情况汇总表 | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司的关联 关系 | 上市公司核算的 会计科目 | 2024 年期初占用 资金余额 | 年 月占 2024 1-6 用累计发生金额 | 年 月 2024 1-6 占用资金的利 | 年 月 2024 1-6 偿还累计发生 | 2024 年 6 月底 占用资金余额 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | （不含利息） | 息(如有) | 金额 | | | | | | 北京乐游方舟科技有限公司 | 全资子公司 | 应收账款 | 23.85 | 32.20 | | 46.01 | 10.04 | 房租、办公服务、其他收入经营性往来 | | | | 昆仑天工科技有限公司 | 控股子公司 | 应收账款 | 224.06 | 1,032.26 | | 564.82 | 691.50 | 房租、办公服务、其他收入经营性往 ...