CENTURY HUATONG(SZ:002602) Mei Ri Jing Ji Xin Wen·2025-07-30 08:16Core Viewpoint - The auction for ST Huaton shares was highly competitive, with Wei Wei winning the bid at 279 million yuan, reflecting a 12% premium over the starting price [2]. Group 1: Stock Auction Details - Shao Heng held 22.6173 million shares of ST Huaton, approximately 0.3% of the total share capital [2]. - The final bid price was about 12.35 yuan per share after 31 rounds of bidding and 24 extensions [2]. - The auction concluded with a total transaction value of 2.79 billion yuan, which is 12% higher than the starting price of 2.49 billion yuan [2]. Group 2: Company Performance and Market Position - As of the latest trading session, ST Huaton's stock price was 12.84 yuan per share, with a market capitalization of approximately 957 billion yuan [5]. - The stock has increased over 300% in the past year, with a year-to-date increase of 149.81% [5]. - ST Huaton was referred to as the "king of games" in the A-share market, with a market cap nearly 500 billion yuan higher than its closest competitor, Giant Network [5]. Group 3: Financial Performance - ST Huaton's half-year performance forecast for 2025 estimates revenue of about 17 billion yuan, a year-on-year increase of approximately 83.27% [5]. - The expected net profit attributable to shareholders is between 2.4 billion and 3 billion yuan, representing a growth of 107.20% to 159.00% [5]. - The growth is attributed to the strong performance of its subsidiary, Diandian Interactive, and effective cost reduction measures [5]. Group 4: Key Products and Market Strategy - Diandian Interactive's flagship products, "Endless Winter" and "Kingshot," have shown robust growth, significantly contributing to ST Huaton's performance [6]. - "Whiteout Survival" became the top-grossing mobile game in China for June, while "Kingshot" saw a 56% revenue increase in the same month [6]. - Diandian Interactive ranked second in the revenue of Chinese mobile game publishers for the first half of 2025, only behind Tencent [6]. Group 5: Shareholder Composition - Notable shareholders include Linzhi Tencent Technology Co., Ltd., holding 10% of shares, and Hainan Cavalry Network Technology Co., Ltd., with 1.35% [7]. - Linzhi Tencent is an investment platform under Tencent Group, indicating strategic interest from major industry players [7].