Core Viewpoint - Glacier Network (300533.SZ) reported a decrease in revenue for the first three quarters of 2025, while net profit saw significant growth [1] Financial Performance - The company's operating revenue for the first three quarters was 1.876 billion yuan, a year-on-year decrease of 5.39% [1] - Net profit attributable to shareholders was 502 million yuan, reflecting a year-on-year increase of 207.49% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 479 million yuan, showing a year-on-year growth of 196.27% [1] - Basic earnings per share were 2.14 yuan [1]

Core Insights - Glacier Network reported a revenue of 619 million yuan for Q3 2025, representing a year-on-year decline of 20.29% [1] - The net profit attributable to shareholders was 166 million yuan, showing a significant year-on-year increase of 244.58% [1] - The company attributes the performance growth to a decrease in investment efforts during the reporting period and effective execution of strategic planning [1] Financial Performance - Revenue for Q3 2025: 619 million yuan, down 20.29% year-on-year [1] - Net profit for Q3 2025: 166 million yuan, up 244.58% year-on-year [1] Strategic Focus - Future performance will rely on the research and development of new products and their operational performance post-launch [1] - The company plans to increase investment in core R&D to strengthen its technological foundation, deepen IP value, expand innovative gameplay, and enhance long-term operational capabilities [1] - The goal is to improve the overall competitiveness of the company's products and ensure stable and healthy development [1]

Major Events - Guizhou Moutai's chairman Zhang Deqin resigned due to work adjustments, with Chen Hua recommended as the new chairman [4] - Kid King plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy [5] - Postal Savings Bank received approval to establish a financial asset investment company with a registered capital of 10 billion RMB [6] - Seres announced that the maximum price for its H-share issuance will not exceed 131.5 HKD per share [7] - China Bank appointed Liu Chenggang as vice president [8] - ST Guangwu's stock will be delisted from risk warning and renamed to "Guanghui Logistics" [9] - Wireless Media's initial pricing for share transfer is set at 29.11 RMB per share [10] - Jiangshan Oupai's subsidiaries in Henan and Chongqing will cease operations due to insufficient orders and will transfer business to Zhejiang [11][12] - Zhenyu Technology plans to invest 2.11 billion RMB in precision component manufacturing and humanoid robot projects [13] - Jinyuan Co.'s general manager Lian Changyun resigned, with Qiu Yongping appointed as the new general manager [14] Performance Overview - CanSino reported a Q3 net profit of 27.93 million RMB, up 842.01% year-on-year [15] - Jiangshan Co. achieved a Q3 net profit of 86.73 million RMB, a significant increase of 11,890.01% year-on-year [16] - Yingshi Innovation's Q3 net profit decreased by 15.90% to 272 million RMB [17] - Chip Origin reported a Q3 net loss of 26.85 million RMB [18] - Tonghua Dongbao's Q3 net profit surged by 499.86% to 984 million RMB [19] - Hengrui Medicine's Q3 net profit increased by 9.53% to 1.301 billion RMB [20] - Zhongguang Lightning's Q3 net profit rose by 382.66% to 6.46 million RMB [21] - Ice River Network's Q3 net profit grew by 244.58% to 166 million RMB [22] - Daheng Technology's Q3 net profit skyrocketed by 1,960.72% to 71.48 million RMB [23] - Yanjin Puzhi's Q3 net profit increased by 33.55% to 232 million RMB [24] - Sichuan Gold's Q3 net profit reached 160 million RMB, up 184.38% year-on-year [26] - Sanbo Brain Science's Q3 net profit fell by 63.26% to 13.93 million RMB [27] - Hengli Petrochemical's Q3 net profit rose by 81.47% to 1.972 billion RMB [28] - Deepin Technology's Q3 net profit surged by 1,097.40% to 147 million RMB [29] - Huisheng Biological's Q3 net profit increased by 1,575.79% to 70.72 million RMB [30] - Gaode Infrared's Q3 net profit grew by 1,143.72% to 401 million RMB [31] - Qingdao Beer reported a Q3 net profit of 1.37 billion RMB, up 1.62% [32] - Nanjing Public Utilities' Q3 net profit soared by 2,492.12% to 84.62 million RMB [34] - Zhangyuan Tungsten's Q3 net profit increased by 118.56% to 75.02 million RMB [35] - Yongmaotai's Q3 net profit rose by 6,319.92% to 30.41 million RMB [36] - Northern Rare Earth's Q3 net profit increased by 69.48% to 610 million RMB [37] - Hunan Gold's Q3 net profit grew by 63.13% to 373 million RMB [38] - Wansheng Intelligent's Q3 net profit increased by 205.56% to 67.13 million RMB [39] - Saiwei Electronics reported a Q3 net profit of 1.576 billion RMB, up 2,199.10% [40] Financing Activities - Lingzhi Software is planning to acquire control of Kaimiride and raise matching funds [41] Major Contracts - High-speed Rail Electric has pre-qualified for a 62.39 million RMB urban rail transit project [42]

Group 1 - Northern Rare Earth reported a net profit increase of 280% year-on-year for the first three quarters, driven by higher sales volume and prices of rare earth products [1] - Postal Savings Bank has received approval to establish a financial asset investment company with a registered capital of 10 billion yuan, aimed at enhancing comprehensive service capabilities and supporting technological innovation [2] - Silyus announced a maximum price of HKD 131.5 per share for its H-share issuance, with a total of 100.2 million shares available for global offering [3] Group 2 - Hengtong Optic-Electric won a bid for marine energy projects with a total contract value of 1.868 billion yuan, including the supply and construction of undersea cables [4] - Western Mining's subsidiary Yulong Copper won exploration rights for the Chating copper polymetallic mine for 8.609 billion yuan, which is expected to enhance the company's resource reserves [5] - China Bank appointed Liu Chenggang as vice president, effective from October 24, 2025 [6] Group 3 - ST Guangwu announced the removal of other risk warnings for its stock, changing its name to Guanghui Logistics, which will allow for a wider trading limit [7] - Wireless Media set an initial transfer price of 29.11 yuan per share for its inquiry transfer, with a subscription multiple of 2.01 times [8][9] - Jiangshan Oupai's subsidiaries in Henan and Chongqing will cease operations due to insufficient orders, with business transferred to its Zhejiang base [10] Group 4 - Zhenyu Technology plans to invest 2.11 billion yuan in precision component manufacturing and humanoid robot projects, with the first phase of investment to be signed soon [11] - Jinyuan Co. announced the resignation of its general manager, with Qiu Yongping appointed as the new general manager [12] Group 5 - CanSino reported a net profit of 27.93 million yuan for Q3, a year-on-year increase of 842.01% [13] - Jiangshan Co. reported a net profit of 86.73 million yuan for Q3, a year-on-year increase of 11,890.01% [14] - Yingshi Innovation reported a net profit of 272 million yuan for Q3, a year-on-year decrease of 15.90% [15] Group 6 - Chip Origin reported a net loss of 26.85 million yuan for Q3, despite a revenue increase of 78.38% [16] - Tonghua Dongbao reported a net profit of 984 million yuan for Q3, a year-on-year increase of 499.86% [17] - Hengrui Medicine reported a net profit of 1.301 billion yuan for Q3, a year-on-year increase of 9.53% [18] Group 7 - Zhongguang Lightning reported a net profit of 6.46 million yuan for Q3, a year-on-year increase of 382.66% [19] - Ice River Network reported a net profit of 166 million yuan for Q3, a year-on-year increase of 244.58% [20] - Daheng Technology reported a net profit of 71.48 million yuan for Q3, a year-on-year increase of 1,960.72% [21] Group 8 - Yanjin Puzhi reported a net profit of 232 million yuan for Q3, a year-on-year increase of 33.55% [22] - Sichuan Gold reported a net profit of 160 million yuan for Q3, a year-on-year increase of 184.38% [23] - Sanbo Brain Science reported a net profit of 13.93 million yuan for Q3, a year-on-year decrease of 63.26% [24] Group 9 - Hengli Petrochemical reported a net profit of 1.972 billion yuan for Q3, a year-on-year increase of 81.47% [25] - Deepin Technology reported a net profit of 147 million yuan for Q3, a year-on-year increase of 1,097.40% [26] - Huisheng Biological reported a net profit of 70.72 million yuan for Q3, a year-on-year increase of 1,575.79% [27] Group 10 - Gaode Infrared reported a net profit of 401 million yuan for Q3, a year-on-year increase of 1,143.72% [28] - Qingdao Beer reported a net profit of 1.37 billion yuan for Q3, a year-on-year increase of 1.62% [29] - Nanjing Public Utilities reported a net profit of 84.62 million yuan for Q3, a year-on-year increase of 2,492.12% [30] Group 11 - Zhangyuan Tungsten reported a net profit of 75.02 million yuan for Q3, a year-on-year increase of 118.56% [31] - Yongmaotai reported a net profit of 30.41 million yuan for Q3, a year-on-year increase of 6,319.92% [32] Group 12 - Tongrun Equipment announced that two shareholders plan to reduce their holdings by 1.50% each, totaling a maximum of 3.00% [33] - High-speed Rail Electric announced a pre-bid for a city rail transit project worth 62.39 million yuan [34]

Company Summary - Ice Glacier Network reported a revenue of 1.876 billion yuan for the first three quarters, a year-on-year decrease of 5.39% [1] - The net profit for the same period was 502 million yuan, marking a turnaround from losses [1] - In Q3, the revenue was 619 million yuan, down 20.29% year-on-year, while net profit increased by 244.58% to 166 million yuan [1] - The net cash flow from operating activities reached 590 million yuan, a significant increase of 369.48% year-on-year [1] - The company has optimized its investment strategy, focusing on return rates rather than just expanding the quantity of investments [1] - Sales expenses for the first three quarters were 911 million yuan, a decrease of 52.31% compared to the previous year [1] - Future performance will rely on the development and operational performance of new products, with increased investment in core R&D [1] Industry Summary - The gaming industry has shown signs of recovery, with record-high sales revenue and user numbers in the first half of 2025 [2] - The issuance of game licenses has normalized, leading to a rapid development pace in the domestic gaming sector [2] - Smaller game companies are focusing on product diversification and targeting younger users to differentiate from mainstream competitors [2] - Ice Glacier Network has a relatively low market share compared to major gaming firms, but the shift in competition from "full-scale competition" to "niche market focus" creates opportunities for mid-sized companies [2] - Analysts are optimistic about the industry's future, expecting continued growth in Q3 and new game releases during key holiday periods to drive performance [2] - The integration of AI technology is anticipated to transform the industry, with potential new growth areas in emotionally engaging and user-generated content games [2]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 责任编辑：小浪快报 10月27日消息，冰川网络发布三季度报告。 公告显示，公司前三季度营业收入1,875,949,349.99元，同比减少5.39%，归属上市公司股东的净利润 501,891,635.28元。 公告显示，十大流通股东中，上海浦东发展银行股份有限公司－国泰中证动漫游戏交易型开放式指数证 券投资基金、陈妹为新进流通股东。 ...

Group 1 - The core point of the news is that Ice Glacier Network (SZ 300533) held its fifth board meeting on October 27, 2025, to review the agenda including the third quarter report for 2025 [1] - As of the report date, Ice Glacier Network's market capitalization is 9.4 billion yuan [3] - For the first half of 2025, the company's revenue composition shows that 99.32% comes from online games, while other sources account for only 0.68% [2]

格隆汇10月27日丨冰川网络(300533.SZ)公布三季度报告，前三季营业收入18.76亿元，同比下降5.39%， 归属于上市公司股东的净利润5亿元，同比增长207.49%，归属于上市公司股东的扣除非经常性损益的 净利润4.79亿元，同比增长196.27%。 ...

证券代码：300533 证券简称：冰川网络 公告编号：2025-068 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。 深圳冰川网络股份有限公司《2025 年第三季度报告》全文于 2025 年 10 月 28 日在中国证券监督管理委员会指定的创业板信息披露网站巨潮资讯网 （http://www.cninfo.com.cn）上披露，敬请投资者注意查阅。 特此公告。 深圳冰川网络股份有限公司 董事会 2025 年 10 月 28 日 深圳冰川网络股份有限公司 2025 年第三季度报告披露提示性公告 ...

深圳冰川网络股份有限公司 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。 证券代码：300533 证券简称：冰川网络 公告编号：2025-069 公司董事会经审议后认为：《2025 年第三季度报告》的内容真实、准确、完 整、及时地反映了公司 2025 年第三季度经营的实际情况，不存在虚假记载、误 导性陈述或者重大遗漏；报告编制和审核的程序符合法律、行政法规的要求， 符合中国证监会和深圳证券交易所的相关规定，同意对外报出。 本议案已经公司董事会审计委员会审议通过。 一、董事会会议召开情况 1.本次董事会由董事长刘和国先生召集，会议通知于 2025 年 10 月 23 日以 专人送达、电子邮件、电话等形式送达全体董事，董事会会议通知中包括会议 的相关材料，同时列明了会议的召开时间、地点、内容和方式。 2.本次董事会于 2025 年 10 月 27 日上午 10：00 在深圳市南山区学府路 63 号荣超高新区联合总部大厦 15 楼会议室以现场与通讯相结合的方式召开。 3.本次董事会应参加董事人数 5 人，实际参加表决的董事人数 5 人 ...