Group 1 - The company is currently exploring, testing, and optimizing its intelligent customer service function, which is primarily aimed at serving users within its own business scenarios [1] - Future plans include providing services through online channels such as in-app customer service windows and official website customer service entrances, with no current plans to launch physical customer service robots [1]

Group 1 - The core viewpoint of the news is that ShengTian Network's stock has experienced a decline of 5.01%, with a current price of 13.83 CNY per share and a total market capitalization of 6.784 billion CNY [1] - ShengTian Network, established on November 24, 2009, and listed on December 31, 2015, operates in the internet entertainment platform sector, focusing on design, development, promotion, and related advertising and value-added services [1] - The company's revenue composition is as follows: advertising and value-added services account for 78.71%, game operations for 14.49%, IP operations for 6.33%, and other services for 0.47% [1] Group 2 - From the perspective of fund holdings, Tongtai Fund has a significant position in ShengTian Network, with its Tongtai Huili Mixed A Fund holding 310,500 shares, representing 5.54% of the fund's net value [2] - The Tongtai Huili Mixed A Fund, established on July 3, 2020, has a current scale of 29.8397 million CNY and has achieved a year-to-date return of 14.57% [2] - The fund's performance over the past year shows a return of 35.73%, ranking 3997 out of 7971 in its category, and since inception, it has returned 44.52% [2] Group 3 - The fund managers of Tongtai Huili Mixed A are Chen Zongchao and Mai Jianpei, with Chen having a tenure of 4 years and 39 days and a total asset scale of 315 million CNY [3] - During Chen's tenure, the best fund return was 15.4%, while the worst was -21.4% [3] - Mai Jianpei has been in the role for 114 days, managing assets totaling 161 million CNY, with a best return of 40.5% and a worst return of 8.55% during his tenure [3]

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with total revenue reaching 633 million yuan, a year-on-year growth of 17.23%, and a net profit of 52.3 million yuan, up 1186.02% [1][2] - The company's game export business has become a highlight, contributing to the overall growth and expansion of its operations [1][2] Financial Performance - In Q1 2025, the company achieved double growth in revenue and net profit, with a total revenue of 633 million yuan and a net profit of 52.3 million yuan [1] - The company's net cash flow from operating activities was approximately 762,200 yuan, reflecting a year-on-year increase of 100.66% [1] - The gross profit margin improved to 21.44%, an increase of 4.48 percentage points compared to the previous year [1] Business Segments - The game operation business generated approximately 91.65 million yuan in revenue, marking a year-on-year growth of 41.61% [2] - Revenue from online advertising and value-added services reached about 498 million yuan, with a year-on-year increase of 17.52% [2] - The company has actively expanded its overseas game market, leading to significant growth in game export revenue [2] Product Highlights - The company's self-developed game "Star Wings," featuring a crossover with the classic IP "Frame Arms Girl," topped the Steam sales chart in Japan in April 2025 and launched on Epic Games in July [2] - The game has seen over 80% of its revenue coming from overseas markets [2] - The independent game "Huo Xia Chuan," managed by the company's Paras studio, achieved high acclaim and sales, reaching the top 2 on Steam within two hours of launch and ranking among the top seven in Korea [2]

Core Viewpoint - The company, ShengTian Network, has conducted a share buyback, acquiring a total of 2,787,660 shares, which represents 0.57% of its current total share capital [1] Summary by Relevant Sections - **Share Buyback Details** - The buyback was executed through a dedicated securities account via centralized bidding [1] - The highest transaction price was 13.27 CNY per share, while the lowest was 9.52 CNY per share [1] - The total amount spent on the buyback was 29.77 million CNY, excluding transaction fees [1]

证券代码：300494 证券简称：盛天网络 公告编号：2025-041 湖北盛天网络技术股份有限公司 关于回购公司股份的进展公告 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。 湖北盛天网络技术股份有限公司（以下简称"公司"）于 2025 年 4 月 7 日召开 第五届董事会第七次会议，审议通过了《关于回购公司股份方案的议案》，公司拟使 用自有或自筹资金以集中竞价交易方式回购公司部分社会公众股股份。本次回购价格 的上限为人民币 20 元/股，本次用于回购的资金总额不低于人民币 3,500 万元且不超 过人民币 5,000 万元（均含本数），本次具体回购资金总额以实际使用的资金总额为 准。本次回购股份的用途为实施股权激励或员工持股计划，若公司未能在股份回购完 成后的 36 个月内用于上述用途，未使用部分将予以注销。具体内容详见于公司于 2025 年 4 月 7 日、2025 年 4 月 10 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于 回购股份方案的公告》（公告编号：2025-004）、《回购报告书》（公告编号：2025-006）。 1. ...

Group 1 - The core point of the article is that ShengTian Network (300494.SZ) has completed the reduction of its employee stock ownership plan, selling a total of 6,094,260 shares, which accounts for approximately 1.24% of the company's total share capital [1] Group 2 - The employee stock ownership plan has fully divested its holdings in the company [1] - The reduction was executed through centralized bidding [1]

关于 2022 年员工持股计划减持完毕暨提前终止的公告 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。 湖北盛天网络技术股份有限公司（以下简称"公司"）2022 年员工持股计划（以 下简称"本期员工持股计划"或"本持股计划"）所持有的公司股票已通过二级市场 集中竞价方式全部减持完毕。根据《关于上市公司实施员工持股计划试点的指导意见》 《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等规 定，现将具体情况公告如下： 一、2022 年员工持股计划的基本情况 公司于 2022 年 7 月 7 日召开第四届董事会第十三次会议和第四届监事会第十二 次会议，并于 2022 年 7 月 25 日召开 2022 年第一次临时股东大会，审议通过了《关 于<湖北盛天网络技术股份有限公司 2022 年员工持股计划（草案）>及其摘要的议案》 和其他相关议案。 证券代码：300494 证券简称：盛天网络 公告编号：2025-042 湖北盛天网络技术股份有限公司 2024 年 8 月 22 日，公司在巨潮资讯网披露了《关于 2022 年员工持股计划第二个 锁定期 ...

Market Overview - On September 1, the gaming sector declined by 0.69% compared to the previous trading day, with Youzu Network leading the decline [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Individual Stock Performance - Notable gainers included: - Wento Holdings (600715) with a closing price of 2.93, up 10.15% and a trading volume of 1.94 million shares, totaling 553 million yuan [1] - ST Kaiwen (002425) closed at 3.86, up 4.89% with a trading volume of 280,800 shares, totaling 107 million yuan [1] - Major decliners included: - Youzu Network (002174) closed at 16.22, down 4.53% with a trading volume of 698,700 shares, totaling 1.155 billion yuan [2] - Kaiying Network (002517) closed at 22.30, down 4.17% with a trading volume of 864,500 shares, totaling 1.892 billion yuan [2] Capital Flow Analysis - The gaming sector experienced a net outflow of 1.371 billion yuan from institutional investors, while retail investors saw a net inflow of 814 million yuan [2] - Specific stock capital flows showed: - Wento Holdings had a net inflow of 89.38 million yuan from institutional investors, while retail investors had a net outflow of 42.56 million yuan [3] - ST Kaiwen saw a net inflow of 25.72 million yuan from institutional investors, with retail investors experiencing a net outflow of 17.60 million yuan [3]

Investment Rating - The investment rating for the company is "Buy" and it is maintained [7]. Core Views - The company reported a revenue of 633 million yuan for the first half of 2025, representing a year-on-year growth of 17.23%. The net profit attributable to the parent company reached 52.30 million yuan, a significant increase of 1186.02% year-on-year, marking a turnaround to profitability [2][4]. - The company's overseas gaming operations have entered a new phase, with expectations for new game launches in the second half of the year to contribute to performance growth. The integration of AI and social features is progressing positively, with plans to open up AI virtual character creation, which is expected to further expand market opportunities [2][4]. Summary by Sections Financial Performance - In Q2 2025, the company achieved a revenue of 318 million yuan, a year-on-year increase of 11.09%. The net profit attributable to the parent company was 26.87 million yuan, with a non-recurring net profit of 26.08 million yuan, indicating a return to profitability [2][4]. - The gaming overseas business revenue grew significantly, leading to a 41.61% year-on-year increase in gaming operation revenue to 92 million yuan in H1 2025. The gross margin for gaming operations improved by 41.70 percentage points to 54.38% [10]. Product Development - The company is focusing on new game launches, including a new action game based on "Dynasty Warriors 8," which is currently in the review stage and expected to be released within the year. Additionally, the independent game "Huo Xia Chuan" is set to launch a DLC version soon [10]. - The company is expanding its core media agency qualifications, resulting in a significant increase in advertising revenue, which grew by 71.45% year-on-year to 247 million yuan in H1 2025, accounting for 39.10% of total revenue [10]. AI and Social Features - The company is continuously iterating on AI functionalities for its social products, with plans to launch AI virtual character creation features. This includes roles such as AI companions and AI therapists, aimed at providing various services [10]. Cost Management - Management expenses showed slight optimization, with a year-on-year decrease of 39.17% in Q2 2025, resulting in a management expense ratio of 3.57% [10]. Profit Forecast - The company forecasts net profits of 152 million yuan and 202 million yuan for 2025 and 2026, respectively, with corresponding EPS of 0.31 yuan and 0.41 yuan [10].

Market Overview - On August 29, the gaming sector rose by 1.54%, led by Xinghui Entertainment, while the Shanghai Composite Index closed at 3857.93, up 0.37% [1] - The Shenzhen Component Index closed at 12696.15, up 0.99% [1] Top Gainers in Gaming Sector - Xinghui Entertainment (300043) closed at 5.25, up 5.85% with a trading volume of 2.2598 million shares and a transaction value of 1.194 billion [1] - ST Huaton (002602) closed at 15.53, up 5.00% with a trading volume of 1.6222 million shares and a transaction value of 2.476 billion [1] - Youzu Interactive (002174) closed at 66.91, up 4.55% with a trading volume of 670,000 shares and a transaction value of 1.133 billion [1] Top Losers in Gaming Sector - Glacier Network (300533) closed at 43.45, down 4.84% with a trading volume of 253,100 shares [2] - Shengtian Network (300494) closed at 15.10, down 3.64% with a trading volume of 482,400 shares [2] - Fuchun Co. (300299) closed at 6.96, down 3.33% with a trading volume of 441,500 shares [2] Capital Flow Analysis - The gaming sector experienced a net outflow of 481 million from major funds, while retail investors saw a net inflow of 505 million [2] - The net outflow from speculative funds was 24.3461 million [2] Individual Stock Capital Flow - Kunlun Wanwei (300418) had a net inflow of 330 million from major funds, but a net outflow of 1.57 billion from speculative funds [3] - ST Huaton (002602) saw a net inflow of 180 million from major funds, with a net outflow of 1.27 billion from speculative funds [3] - Youzu Interactive (002174) had a net inflow of 133 million from major funds, but a net outflow of 48.7022 million from speculative funds [3]