CENTURY HUATONG(SZ:002602) Zhong Guo Ji Jin Bao·2025-11-11 02:42Core Viewpoint - ST Huatuo has successfully applied to remove the risk warning and will resume trading on November 12, 2025, with its stock name changed from "ST Huatuo" to "Century Huatuo" [1][2] Group 1: Stock Trading and Risk Warning - ST Huatuo's stock was suspended for one day on November 11, 2025, and will resume trading with a new name and increased daily price fluctuation limit from 5% to 10% [1] - The company was placed under risk warning due to false records in its annual reports from 2018 to 2022, which included issues with goodwill and fictitious software copyright transfer business [3][4] - The company has undergone a series of rectifications over the past year to meet the conditions for removing the risk warning, including adjustments to financial statements and receiving an audit report from DaXin Accounting Firm [3][4][5] Group 2: Financial Performance - ST Huatuo reported a significant increase in performance for 2025, with Q3 revenue surpassing 10 billion yuan, reaching 10.016 billion yuan, a year-on-year increase of 60.19%, and a net profit of 1.701 billion yuan, up 163.78% [6] - For the first three quarters of 2025, the company achieved a revenue of 27.223 billion yuan, exceeding the total revenue of the previous year, with a net profit of 4.357 billion yuan, a year-on-year increase of 141.65% [6] - The substantial growth in performance is attributed to the success of the company's overseas gaming business, particularly the strong performance of its subsidiary, Diandian Interactive, with its game "Whiteout Survival" achieving over 200 million downloads [6][7] Group 3: Strategic Initiatives - In addition to its core business growth, ST Huatuo is actively exploring AI technology, with initiatives led by its chairman to integrate AI into gaming operations and enhance operational risk control [7] - The company has implemented an AI digital asset management system and continues to optimize its content innovation model through a combination of AI generation and human optimization [7] Group 4: Market Position - As of November 8, 2025, ST Huatuo's stock closed at 17.61 yuan per share, with a year-to-date increase of over 200%, resulting in a total market capitalization of 130.8 billion yuan [8]