目前公开资料中未提及即将发生的重大事件（如资产重组或停牌等）。投资者可通过官方渠道获取最新 公告以跟踪动态。 以上内容基于公开资料整理，不构成投资建议。 经济观察网 华立科技（301011）近期已披露的事件主要包括2025年第一次临时股东大会的举行及财务 报告发布。截至2026年2月10日，公司股价为27.30元/股，总市值42.06亿元。 2025年1-9月，公司实现营业收入7.42亿元，同比减少1.33%；归母净利润为6688.25万元，同比减少 3.91%。 近期事件 业绩经营情况 ...

Group 1 - The "Guzi economy" has emerged as a new consumer pillar, with a market size expected to exceed 300 billion yuan by 2029, driven by emotional consumption and the rise of domestic IPs [3][4] - As of November 2025, there are 7.5683 million companies related to the Guzi economy in China, with over 46% established in the last three years, indicating robust industry growth [3][4] - The younger generation, particularly those born after 2005, is leading consumption trends, with women making up 78% of the consumer base, averaging 2.9 purchases per month [3][4] Group 2 - Huali Technology (301011.SZ) has positioned itself well within the Guzi economy, achieving a gross margin of 40.19% in its anime IP derivative products, and is benefiting from a dual strategy of expanding production and exploring overseas markets [2][5] - In 2024, Huali Technology reported revenue of 1.017 billion yuan, a year-on-year increase of 24.65%, and a net profit of 84.65 million yuan, up 62.93%, showcasing efficient operational capabilities [5][6] - The company is actively expanding its production capacity and has plans to invest at least 140 million yuan in a new production project, enhancing its core competitiveness in the IP derivative market [6][7] Group 3 - The cultural and creative industry is experiencing significant performance differentiation, with leading companies like Yuanlong Yatu seeing a net profit increase of 235.8%, while others like Qunxing Toys face profit declines [4][5] - The Guzi economy is still in a rapid development phase, with IP operational capabilities and innovation being crucial for companies to stand out in the market [7] - The overall cultural and creative industry is expected to accelerate its transformation towards precise demand capture and refined IP operations, with competitive companies likely to emerge as winners [7]

Summary of the Conference Call for Huali Technology Company Overview - **Company**: Huali Technology - **Industry**: Amusement and Gaming Equipment Key Points and Arguments Business Performance - Huali Technology's domestic business has been under pressure due to macroeconomic conditions and a slow recovery in consumer spending, particularly in the amusement sector [3][4] - Positive signs include a stabilization in the pricing of tokens used in amusement parks, indicating a reduction in harmful price competition [4] - The company plans to focus on its strengths in simulation machines, particularly music and racing machines, and will also target mid-to-low-end markets to increase market share [5] Domestic Market Challenges - The domestic market remains challenging, with expectations of continued pressure in 2025 compared to 2024 [11] - The company is reducing the number of new store openings and seeking light-asset management partnerships to adapt to the current market conditions [11] International Market Growth - Huali Technology sees overseas markets as a key growth driver, with significant performance in the U.S. and Southeast Asia [7] - The company is expanding its ODM and OEM business, particularly with Japanese clients seeking to rebuild their supply chains post-pandemic [8] Product Development and IP Strategy - The company launched new products, including the second generation of Pokémon cards and a female-oriented card machine, which have performed well despite recent public relations challenges [9][12] - Huali Technology aims to increase its penetration in the market by expanding the number of stores carrying its products, currently reaching around 2,000 stores [9][43] - The company plans to allocate approximately 30% of its new product launches to non-traditional channels to broaden its audience [43] Financial Updates - Huali Technology raised approximately 150 million yuan through a recent fundraising round, primarily to invest in the Pokémon IP and other established franchises like Marvel [27] - The company anticipates increasing its machine deployment from 2,000-3,000 units to potentially 4,000-5,000 units in 2026 due to the new funding [27] Market Trends and Consumer Behavior - The company notes a shift in consumer behavior, with amusement parks moving away from price wars to improve service quality and upgrade facilities [39] - There is an expectation of a gradual recovery in equipment demand as the market stabilizes, with potential improvements in the second half of 2026 [40] Future Outlook - Huali Technology plans to maintain a focus on overseas expansion and increasing the number of machines deployed in the domestic market [47] - The company is cautious about the performance of its products in the domestic market, particularly in light of recent public relations issues affecting the Pokémon brand [15][49] R&D and Product Innovation - The company has significantly increased its R&D team, now comprising around 100 members, to enhance product development capabilities [35] - Huali Technology aims to release 5-10 new products annually, with a focus on maintaining a competitive edge in the card machine sector [36] Conclusion - Huali Technology is navigating a challenging domestic market while seeking growth opportunities abroad. The company is committed to product innovation and expanding its market presence through strategic investments and partnerships.

Group 1 - The entertainment products sector increased by 0.14% on February 2, with Zhujiang Piano leading the gains [1] - The Shanghai Composite Index closed at 4015.75, down by 2.48%, while the Shenzhen Component Index closed at 13824.35, down by 2.69% [1] - Zhujiang Piano's stock price rose by 10.08% to 5.79, with a trading volume of 240,100 shares and a transaction value of 135 million [1] Group 2 - The entertainment products sector saw a net inflow of 154 million from institutional investors, while retail investors experienced a net outflow of 55.67 million [2][3] - Key stocks in the sector included Qunxing Toys, which had a net inflow of 133 million from institutional investors, but a net outflow of 68.99 million from retail investors [3] - Zhujiang Piano had a net inflow of 55.24 million from institutional investors, with retail investors showing a net outflow of 31.66 million [3]

Core Insights - The deep integration of cultural tourism and IP economy is becoming a core engine for activating consumer potential, promoting cultural exports, and cultivating new productive forces [1] - The 2026 World Cultural Tourism Industry Expo and Global IP Industry Cooperation and Trade Fair will take place in Guangzhou, highlighting the importance of IP in driving high-quality development in the cultural tourism sector [1] Policy Guidance and Industry Resonance - The cultural tourism IP industry is identified as a core growth pole under the cultural power strategy, transitioning from "hard development" to "soft power" [2] - IP is evolving from a single content element to a full-chain engine driving scene innovation and brand value [2] - The shift in cultural tourism consumption from superficial experiences to emotional value and immersive experiences emphasizes the need for quality IP to enhance consumer experiences [2] - A robust copyright protection system is essential for supporting IP innovation and global expansion [2] Industry Integration and Opportunities - The deep integration of IP and cultural tourism is seen as a key driver for industry upgrades, with a complete industrial chain already established in the gaming and amusement sector [3] - The expo serves as a platform for precise matching of quality amusement equipment with global IP resources, promoting collaborative development [3] - The "thousand sails go to sea" strategy aims to enhance the global presence of Chinese cultural tourism IP through a multi-country and multi-city exhibition approach [3] IP, Design, and Industry Connection - The integration of IP and cultural tourism is at a critical stage of innovation and value release, with design playing a key role in enabling IP to materialize within the tourism industry [4] - The IP × Design × Industry Connection event featured experts sharing practical experiences on various themes related to digital animation IP, scene design, and marketing [6] - The upcoming expo in May 2026 will serve as a core hub for linking global resources and facilitating value transformation in the industry [6]

Group 1 - The core viewpoint of the news is that Huali Technology has experienced a decline in both revenue and net profit for the first nine months of 2025, alongside changes in shareholder structure and financing activities [2][3]. Group 2 - As of January 29, Huali Technology's stock price fell by 0.08%, with a trading volume of 90.89 million yuan. The financing buy-in amount was 7.14 million yuan, while the financing repayment was 9.32 million yuan, resulting in a net financing buy of -2.18 million yuan [1]. - The total balance of margin trading for Huali Technology as of January 29 was 82.82 million yuan, with the financing balance accounting for 2.13% of the circulating market value, which is below the 10% percentile level over the past year [1]. - The company has a high short-selling balance, with a short-selling balance of 311,300 yuan, exceeding the 90% percentile level over the past year [1]. - Huali Technology's main business revenue composition includes 49.41% from game and amusement equipment sales, 34.44% from anime IP derivative product sales, 11.12% from amusement park operations, 3.51% from equipment cooperative operations, and 1.51% from other sources [1]. Group 3 - As of September 30, the number of Huali Technology's shareholders was 13,700, a decrease of 15.13% from the previous period, while the average circulating shares per person increased by 17.83% to 10,121 shares [2]. - For the period from January to September 2025, Huali Technology achieved an operating income of 742 million yuan, a year-on-year decrease of 1.33%, and a net profit attributable to shareholders of 66.88 million yuan, a year-on-year decrease of 3.91% [2]. Group 4 - Since its A-share listing, Huali Technology has distributed a total of 76.04 million yuan in dividends, with 58.68 million yuan distributed over the past three years [3]. - Among the top ten circulating shareholders as of September 30, 2025, Huaxia CSI Animation Game ETF ranked as the fourth largest shareholder with 2.11 million shares, an increase of 355,800 shares from the previous period. Additionally, both Bosera Tianyi Bond A and Guotai CSI Animation Game ETF entered the top ten as new shareholders [3].

Group 1 - The core viewpoint of the article is that Huali Technology (301011.SZ) has confirmed its involvement in the development and distribution of the music game Jubeat, which is authorized by KONAMI for the domestic market [1] Group 2 - Huali Technology is engaging with investors through an interactive platform to clarify its role in the gaming industry [1] - The product Jubeat is a music game that has been developed specifically for the Chinese market under KONAMI's authorization [1]

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 有投资者在互动平台向华立科技提问："广州为了鼓励游戏产业，给企业发放补贴，请问公司拿到了 吗？" 针对上述提问，华立科技回应称："尊敬的投资者您好，截至目前，公司暂未取得《广州市扶持游戏电 竞产业发展的十八条措施》的相关补贴。公司正积极研究该项产业扶持政策的具体内容与申报要求，后 续将持续密切关注政策动态，在符合相关条件的前提下，主动争取政策支持，助力公司业务发展。感谢 您的关注。" ...

Group 1 - The core point of the article is that Huali Technology (301011.SZ) has stated there is currently no cooperative relationship with Qiangnao Technology [1]

Market Overview - The entertainment products sector increased by 0.43% on January 23, with Qixin Group leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Stock Performance - Qixin Group (002301) closed at 8.38, up 3.08%, with a trading volume of 368,300 shares and a transaction value of 306 million yuan [1] - Tongda Chuangzhi (001368) closed at 28.90, up 2.30%, with a trading volume of 35,300 shares and a transaction value of 101 million yuan [1] - Huali Technology (301011) closed at 28.15, up 1.88%, with a trading volume of 28,800 shares and a transaction value of 80.81 million yuan [1] - Mingyue Optical (301101) closed at 44.80, up 1.86%, with a trading volume of 39,400 shares and a transaction value of 176 million yuan [1] - Zhejiang Zhengte (001238) closed at 57.41, up 1.79%, with a trading volume of 6,672 shares and a transaction value of 38.09 million yuan [1] Capital Flow - The entertainment products sector experienced a net outflow of 165 million yuan from institutional investors, while retail investors saw a net inflow of 145 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Individual Stock Capital Flow - Qixin Group had a net inflow of 26.39 million yuan from institutional investors, but a net outflow of 2.38 million yuan from speculative funds [3] - Yingpais (002899) saw a net inflow of 12.42 million yuan from institutional investors, while retail investors had a net outflow of 16.35 million yuan [3] - Guangbo Co. (002103) had a net inflow of 5.94 million yuan from institutional investors, with a net outflow of 11.49 million yuan from retail investors [3]