BINGCHUAN(SZ:300533) Xin Lang Cai Jing·2025-09-18 07:02Company Overview - Glacier Network, established on January 21, 2008, is located in Shenzhen, Guangdong Province, and was listed on August 18, 2016. The company primarily develops large-scale multiplayer online games based on its proprietary engine technology, operating through a combination of self-operated, licensed, and joint operations. The revenue composition is 99.32% from online game recharge and 0.68% from other sources [1]. Stock Performance - On September 18, Glacier Network's stock fell by 5.06%, trading at 40.30 CNY per share, with a transaction volume of 921 million CNY and a turnover rate of 13.33%. The total market capitalization is 9.449 billion CNY [1]. Fund Holdings - According to data from major funds, Huabao Fund holds a significant position in Glacier Network. The Huabao Wanwu Internet Mixed A Fund (001534) reduced its holdings by 130,000 shares in the second quarter, now holding 98,900 shares, which accounts for 3.56% of the fund's net value, ranking as the tenth largest holding. The estimated floating loss today is approximately 212,600 CNY [2]. Fund Performance - The Huabao Wanwu Internet Mixed A Fund (001534), managed by Zhong Qi, was established on June 30, 2015, with a current scale of 83.933 million CNY. Year-to-date returns are 74.87%, ranking 243 out of 8,172 in its category. Over the past year, the fund has achieved a return of 147.62%, ranking 98 out of 7,980. Since inception, the fund has returned 97.6% [2].