Core Viewpoint - ST Huatuo has received approval from the Shenzhen Stock Exchange to withdraw its other risk warnings, allowing the company to resume trading under its original name, Century Huatuo, starting November 12, 2025, with an increased daily trading limit from 5% to 10% [2][3]. Group 1: Company Actions and Compliance - The company confirmed compliance with the conditions for withdrawing the risk warning after a self-inspection against the Stock Listing Rules [2]. - The company has implemented corrective measures in response to regulatory penalties, including a comprehensive review and adjustment of 23 internal regulations across six categories [2]. - Daxin Accounting Firm issued a report on the correction of accounting errors from 2018 to 2023, validating the company's adjustments [2]. Group 2: Financial Performance - Century Huatuo reported a revenue of 10.016 billion yuan for Q3 2025, a year-on-year increase of 60.19%, and a net profit of 1.701 billion yuan, up 163.78% [3]. - The company's stock price rose from approximately 5 yuan per share in November 2024 to about 18 yuan per share in the same period this year, with a peak of 22.49 yuan per share, making it the highest market cap company in the A-share gaming sector at 130.8 billion yuan [3]. Group 3: Product Strategy - The company's growth is primarily driven by its subsidiary, Diandian Interactive, which has seen success with several SLG products, including "Whiteout Survival" and "Kingshot," leading the revenue charts for mobile games in China [4]. - The company emphasizes a long-term game development strategy, planning to operate games for ten years or more, focusing on market demand rather than traditional top-down planning [4].
A股游戏龙头“摘帽”申请获批 ST华通将恢复“世纪华通”简称