YOOZOO(SZ:002174) Guohai Securities·2024-06-19 23:00Investment Rating - The report does not provide a specific investment rating for the company [10] Core Insights - The company launched its first AI product "AI Companion" (codename: Xiao You Jiang), which offers customer service and game strategy support, providing personalized companionship [10] - The company is developing several games, including the sequel "少年三国志 3", the licensed IP game "我的三体：2277", and others, with various titles set to launch in multiple regions [10] - The company plans to redirect funds from its fundraising projects to supplement working capital, enhancing financial flexibility and resource allocation efficiency [10] Summary by Relevant Sections Recent Developments - The company held a 15th-anniversary carnival event on June 16, showcasing its first AI product and providing updates on multiple new products [10] - The new card mobile game "绯色回响" launched in South Korea, achieving over 1 million pre-registrations and topping the iOS free chart on its first day [12] Financial Information - As of May 31, 2024, the company has raised a total of 1.13 billion yuan from the issuance of convertible bonds, with 520 million yuan already invested in various projects [10] - The remaining 630 million yuan will be permanently allocated to supplement working capital, aimed at improving the efficiency of fund usage and reducing financial costs [10] Market Performance - The company's stock performance relative to the CSI 300 index shows a decline of 10.5% over the past month, with a total market capitalization of approximately 7.61 billion yuan [14]