Workflow
【机构调研记录】天弘基金调研巨人网络、华立科技
Sou Hu Cai Jing·2025-08-29 00:07

Group 1: Giant Network - The company achieved operating revenue of 1.662 billion yuan, a year-on-year increase of 16.47%, and a net profit of 777 million yuan, up 8.27% year-on-year [1] - The self-developed game "Supernatural Action Group" has shown rapid growth in user base and revenue, with major contributions expected to be released in the future due to revenue deferral factors [1] - The company plans to extend the game lifecycle through enhanced content supply, optimized game performance, and collaboration with well-known IPs [1] - The company is optimistic about overseas markets and is exploring international expansion for "Supernatural Action Group" [1] - R&D expenses increased in Q2 due to rising labor costs and technical service fees [1] Group 2: Huali Technology - The company's anime card equipment has a lifecycle of approximately 4-5 years, with a quarterly update cycle, covering over 2,000 offline amusement parks [2] - New devices such as "Pokémon Shining Star," "Three Kingdoms Fantasy Battle," and "Super Battle" will be launched in the second half of the year based on demand [2] - The company plans to explore more business models beyond selling IP cards to amusement parks [2] - A refinancing project has been accepted by the Shenzhen Stock Exchange, with plans to deploy 4,350 devices within two years, though specific progress remains uncertain [2] Group 3: Tianhong Fund - Tianhong Fund, established in 2004, has an asset management scale of 1,247.397 billion yuan, ranking 5th among 210 [2] - The fund's non-monetary public fund management scale is 439.799 billion yuan, ranking 13th among 210 [2] - The best-performing public fund product in the past year is the Tianhong CSI Hong Kong-Shenzhen Cloud Computing Industry ETF, with a recent net value of 1.62 and a growth of 141.15% over the past year [2]