证券代码：300494 证券简称：盛天网络 公告编号：2025-028 湖北盛天网络技术股份有限公司 关于修订《公司章程》及公司治理相关制度的公告 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。 湖北盛天网络技术股份有限公司（以下简称"公司"）于 2025 年 5 月 27 日召开第五届董事会第九次会议，审议通过了《关于修订<公司章程>的议案》《关 于修订<股东会议事规则>的议案》等议案，现将具体情况公告如下： 一、修订《公司章程》及公司治理相关制度的整体情况 根据《中华人民共和国公司法》《中华人民共和国证券法》《深圳证券交 易所创业板股票上市规则》《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》《上市公司独立董事管理办法》《上市公司章程指引》 等有关法律、法规、规范性文件的相关规定，为进一步提升公司规范运作水平， 完善治理结构，公司结合实际情况修订了《公司章程》，并修订了公司治理相关 制度，具体情况如下： | 序号 | 制度名称 | 类型 | 是否提交 | | --- | --- | --- | --- | | | | | 股东会 ...

证券代码：300494 证券简称：盛天网络 公告编号：2025-027 湖北盛天网络技术股份有限公司 关于召开 2024 年度股东会的通知 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、会议召开基本情况 1.股东会届次：2024 年度股东会 2.股东会的召集人：经公司第五届董事会第九次会议决议召开 3.会议召开的合法、合规性：本次股东会的召开符合有关法律、行政法规、部门 规章、规范性文件和公司章程的相关规定。 4.会议召开日期、时间： （1）现场会议时间：2025 年 6 月 18 日（星期三）下午 15:00 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 6 月 18 日上 午 9:15-9:25、9:30-11:30，下午 13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 6 月 18 日上午 9:15-下午 15:00 期间的任意时间。 5.会议召开方式：本次股东会采用现场表决与网络投票相结合的方式召开。 6.会议的股权登记日：2025 年 6 月 11 日（星期三） ...

证券代码：300494 证券简称：盛天网络 公告编号：2025-026 湖北盛天网络技术股份有限公司 第五届董事会第九次会议决议公告 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 湖北盛天网络技术股份有限公司（以下简称"公司"）第五届董事会第九次会议 于 2025 年 5 月 27 日（星期二）在公司会议室以现场结合通讯的方式召开。会议通知 已于 2025 年 5 月 21 日通过邮件的方式送达各位董事。本次会议应出席董事 7 人，实 际出席董事 7 人，其中董事孟军梅、杜耀文、何国华通过通讯方式参加。 会议由董事长赖春临女士主持，部分高级管理人员列席。会议召开符合有关法律、 法规、规章和《公司章程》的规定。经各位董事认真审议，会议形成了如下决议： 根据《中华人民共和国公司法》《中华人民共和国证券法》《深圳证券交易所 创业板股票上市规则》《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》《上市公司独立董事管理办法》《上市公司章程指引》等有关 法律、法规、规范性文件的相关规定，为进一步提升公司规范运作水平，完善 ...

Core Viewpoint - The cloud gaming sector has shown a positive performance, with a 2.69% increase, ranking fifth among concept sectors, driven by significant gains in several stocks [1][2]. Group 1: Market Performance - As of May 26, the cloud gaming concept rose by 2.69%, with 26 stocks increasing in value, including Youzu Interactive, which hit the daily limit, and others like Sheng Tian Network and Giant Network, which rose by 6.31%, 5.03%, and 5.00% respectively [1]. - The cloud gaming sector attracted a net inflow of 214 million yuan from main funds, with 13 stocks receiving net inflows, and 6 stocks seeing inflows exceeding 30 million yuan [2]. Group 2: Fund Flow Analysis - Youzu Interactive led the net inflow with 109 million yuan, followed by Sheng Tian Network, Giant Network, and ST Huaton with net inflows of 38.95 million yuan, 37.25 million yuan, and 36.32 million yuan respectively [2][3]. - The net inflow ratios for Youzu Interactive, Shunwang Technology, and ST Kevin were 13.70%, 10.44%, and 9.31% respectively, indicating strong investor interest [3][4].

Group 1 - The esports sector saw a rise of 3.30%, ranking second among concept sectors, with 31 stocks increasing in value, including Youzu Interactive which hit the daily limit, and others like Thunder Tech and Tianjian Co., which rose by 9.80%, 8.14%, and 7.56% respectively [1][2] - The esports concept attracted a net inflow of 438 million yuan from main funds today, with 19 stocks receiving net inflows, and 8 stocks seeing inflows exceeding 30 million yuan. Youzu Interactive led with a net inflow of 109 million yuan, followed by Dihun Network, Shengtian Network, and Giant Network with inflows of 53.63 million yuan, 38.94 million yuan, and 37.25 million yuan respectively [2][3] - In terms of fund inflow ratios, Dihun Network, Youzu Interactive, and Shunwang Technology had the highest net inflow rates at 15.34%, 13.70%, and 10.44% respectively [3] Group 2 - The esports concept was among the top gainers today, with a notable performance compared to other sectors such as controlled nuclear fusion which rose by 5.14%, while sectors like generic drug consistency evaluation and innovative drugs saw declines of -1.55% and -1.53% respectively [2] - The trading volume and turnover rates for leading stocks in the esports sector were significant, with Youzu Interactive achieving a turnover rate of 6.93% and Dihun Network at 6.99% [3][4]

Market Overview - The Shanghai Composite Index closed at 3346.84 points, slightly above the half-year line, with a change of -0.05% [1] - The total trading volume of A-shares reached 10338.72 billion yuan [1] Stocks Performance - A total of 231 A-shares have surpassed the half-year line, with notable stocks showing significant deviation rates [1] - Stocks with the highest deviation rates include: - Junyao Health: 9.37% - Guangsha Environmental Energy: 8.42% - Longzhou Co., Ltd.: 7.79% [1] - Stocks with lower deviation rates that just crossed the half-year line include: - Wantai Biological Pharmacy: 6.51% - Huatai Securities: 6.40% - Jiayuan Technology: 6.17% [1] Notable Stocks - The top three stocks with the highest daily increase: - Junyao Health: +10.08% - Guangsha Environmental Energy: +9.23% - Longzhou Co., Ltd.: +10.02% [1] - The trading turnover rates for these stocks were also significant, with Guangsha Environmental Energy at 7.92% and Longzhou Co., Ltd. at 8.30% [1] Additional Stocks Data - Other notable stocks with their respective performance: - Huachang Communication: +19.99% with a turnover rate of 12.90% - Huali Technology: +7.44% with a turnover rate of 13.05% [1] - The data indicates a healthy trading environment with several stocks showing strong performance above the half-year line [1]

Market Overview - A-shares experienced a pullback after an initial rise, with the Shanghai Composite Index down 0.3% to 3338.42 points, the Shenzhen Component Index down 0.71%, and the ChiNext Index down 1.28% to 1995.61 points, with a half-day trading volume of 660.96 billion yuan [1][2]. Sector Performance - The controllable nuclear fusion concept led the market with an average increase of 3.90%, while the network gaming sector also showed strength, with stocks like Youzu Network hitting the daily limit [3][4]. - The gaming industry is entering a new development phase characterized by "content refinement + AI industrialization + globalization systematization," with a stable short-term policy environment and long-term global growth potential [4]. Company Insights - **ShengTian Network**: Actively exploring AI applications in gaming and social scenarios, with significant game releases expected in 2025 [7]. - **Giant Network**: Focused on long-term operation of existing games, leveraging AI for accelerated growth [8]. - **ShunNet Technology**: Developing its own intelligent engine and cloud computing platform, aiming to enhance efficiency across various sectors [9]. - **Sanqi Interactive Entertainment**: Utilizing AI technology for intelligent content production, potentially driving innovation in gaming [10].

Investment Rating - The industry investment rating is "Positive" (maintained) [2] Core Insights - The report highlights the continuous iteration of multimodal AI and the acceleration of IP industry capitalization, driven by advancements in AI applications and new consumption trends [4][5] - Major model vendors are strengthening collaborations, leading to innovations in voice models, social applications, and agents, which are expected to enhance AI application penetration and commercialization [4] - The report suggests continued investment in AI-related companies and sectors, including AI virtual companionship, AI animation/film/short dramas, AI e-commerce/advertising, and AI education [4] Industry Data Overview - The game "Brave Land" ranked first on the iOS free chart, while "Honor of Kings" topped the iOS revenue chart as of May 24, 2025 [12][16] - The film "Dumpling Queen" achieved a weekly box office of 0.51 billion, with a cumulative box office of 3.79 billion [27] - The report notes that the A-share media sector outperformed major indices in the 21st week of 2025, with the gaming sector showing strong performance [9] Industry News Summary - The report discusses the launch of the "AI Virtual Human Podcast" feature by ShengTian Network, which aims to enhance user experience in podcast creation [4][33] - The AI comic drama business of Zhongwen Online has shown significant growth, with plans to produce 300 works in 2024 [35] - Tencent Cloud has launched a new intelligent agent development platform, marking a significant upgrade in its AI infrastructure [36] Company Recommendations - Key recommendations include Tencent Holdings and Kuaishou-W for major models/agents, with Alibaba-W and Kunlun Wanwei as beneficiaries [4] - For AI virtual companionship, recommended companies include ShengTian Network and NetEase Cloud Music, with beneficiaries like Tom Cat and Shifeng Culture [4] - In the AI animation/film/short drama sector, Shanghai Film is a key recommendation, with beneficiaries including Guomai Culture and Huace Film [4]

Group 1: Game Industry Performance - The gaming sector showed resilience with a closing increase of over 1% on May 22, 2025, with notable stocks like Kunlun Wanwei reaching a 20% limit up and Youzu Network and Iceberg Network also performing well [1] - The gaming industry is experiencing significant growth, with Q1 2025 revenue reaching 26.719 billion yuan, a year-on-year increase of 21.93%, and net profit attributable to shareholders rising by 47.08% to 3.482 billion yuan, indicating a recovery towards the five-year average [1] Group 2: New Consumption Trends - The rise of new consumption sectors, represented by pet economy and trendy toys, is driven by generational shifts in consumer behavior, particularly among Generation Z, who prioritize emotional value and personalized experiences [1] - Bubble Mart's Labubu series has successfully topped the shopping charts on the US App Store, indicating a strong market expansion and a shift from a toy supplier to a global IP group [2] Group 3: Company Profiles - Kunlun Wanwei is one of China's largest web game developers and operators, with a diverse portfolio including large-scale web games, social web games, mobile network games, and client games [2] - Iceberg Network focuses on developing large multiplayer online games using its proprietary engine technology, combining self-operated and authorized operations [2] - Sheng Tian Network has established its position in the industry with its "Yile You Wang Yu Platform" designed for internet cafes, focusing on efficient management of entertainment content and game updates [3] - Aofei Entertainment is leveraging its own anime brands to gradually launch games, exploring the value of its anime properties [3] - Shenzhou Taiyue provides high-quality gaming products for global players and digital solutions for enterprise clients [3] - Yaoji Technology is dedicated to creating high-quality original online games for leisure and entertainment [4] - Kaiying Network operates the XY.COM platform, a well-known premium web game operation platform in China [5] - Youzu Network specializes in the development, publishing, and operation of mobile and PC games [5]

Core Viewpoint - The company experienced a decline in overall performance in 2024, but showed signs of recovery in Q1 2025 with new product launches and positive growth metrics [1][2][3]. Financial Performance - In 2024, the company reported revenue of 1.136 billion yuan, a year-on-year decrease of 14.56%, and a net profit attributable to shareholders of -261 million yuan, a decline of 253.84% [1]. - For Q1 2025, the company achieved revenue of 315 million yuan, reflecting a year-on-year growth of 24.16%, and a net profit attributable to shareholders of 25 million yuan, an increase of 78.56% [1]. Asset Impairment and Challenges - The company's 2024 performance was pressured by asset impairment, with a net profit of -263 million yuan in Q4 2024, primarily due to an asset impairment loss of 268 million yuan [2]. - The impairment was driven by declining revenues from subsidiary Tianxi Interactive's products, leading to a goodwill impairment provision of 219 million yuan, and underperformance of new products [2]. New Product Launches and Growth Prospects - In Q1 2025, the company returned to a growth trajectory with several new products expected to launch within the year [3]. - The game "Star Wings," developed by an invested company and released in Japan in November 2024, achieved significant success, ranking second on both Google Play and App Store, with over 60% of monthly revenue coming from Japan [3]. - The self-developed IP fighting game "True Three Kingdoms: The World" is currently in the review stage and is expected to launch in 2025 [3]. AI Application Development - The company is actively investing in AI applications, with continuous iterations on its core product "Give Mai," which introduced features like "AI-generated songs" and "AI music greeting cards" in Q1 2025 [4]. - In the gaming sector, the self-developed AI mini-game "Word Spirit Legend" has integrated Doubao AI, and the AI social reasoning mini-game "Secret Bomb" has completed internal platform testing [4]. Revenue and Profit Forecast - The company forecasts revenues of 1.51 billion, 1.74 billion, and 1.95 billion yuan for 2025-2027, with year-on-year growth rates of 33%, 15%, and 12% respectively [5]. - Net profits are projected to be 154 million, 176 million, and 205 million yuan for the same period, with growth rates of 159.26%, 14.14%, and 16.40% respectively [5]. - The price-to-earnings ratios are expected to be 38x, 34x, and 29x for 2025-2027 [5].