行业供给端改善趋势强化，政策支持为产品矩阵扩容提供确定性，游戏ETF（159869）持续攀升涨近3.5%

Group 1 - The gaming sector is experiencing a significant rise, with the gaming ETF (159869) increasing by nearly 3.5% in early trading on September 3rd, and several stocks such as Giant Network rising over 8% [1] - In August, the number of game licenses issued reached a new high, with 166 domestic and 7 imported games approved, totaling 1050 domestic game licenses issued this year, indicating a positive trend in the supply side of the industry [1] - The continuous increase in game licenses reflects a strengthening trend in the industry's supply side, supported by policies that provide certainty for product expansion, maintaining a healthy growth momentum in the industry [1] Group 2 - Open Source Securities highlights the impact of AI advancements on various sectors, including gaming, music, advertising, and e-commerce, with new models like GPT-5 and DeepSeekV3.1 expected to drive further breakthroughs in AI applications [2] - The upcoming releases of new products by Huawei and Apple are anticipated to further enhance edge AI capabilities, potentially expanding commercial opportunities in gaming and other sectors [2] - The gaming industry is expected to be a major beneficiary of AI applications, with historical trends showing that the gaming sector has consistently profited from technological transformations [2]