Giant Network(SZ:002558) CMS·2025-06-19 04:34Group 1 - The report emphasizes the emerging consumer attributes of the gaming industry, highlighting that gaming and media are among the best new consumption sectors, as they provide joy and passion without engaging in price wars [1][2] - The gaming industry has seen a significant increase in revenue, with Giant Network's new game "Original Journey" achieving a contract liability growth of 20.13% year-on-year, indicating strong future revenue potential [2] - The report notes that the media industry has performed well, with a 1.38% increase in the past week and a 9.47% increase year-to-date, ranking it fourth among all sectors [1][11] Group 2 - The gaming sector is experiencing a resurgence in user engagement, with "Ball Battle" achieving record-high monthly revenue and user retention rates, while "Super Sus" continues to expand its market presence [2][30] - The report highlights the importance of AI applications in gaming, with collaborations between Giant Network and Alibaba Cloud focusing on enhancing gaming experiences through AI technology [7] - The report indicates that the cultural export of Chinese media is just beginning, with various successful projects like "Nezha 2" and "Genshin Impact" marking the rise of China's cultural soft power [1][2] Group 3 - The report provides insights into the performance of the film and television sectors, noting that the top films in the box office are predominantly Chinese, reflecting a strong domestic market [18][19] - The television drama "潜渊" has achieved the highest ratings on Hunan TV, indicating a competitive landscape in the television sector [22] - The report also highlights the top-performing online variety shows, with "哈哈哈哈哈哈第五季" leading the rankings, showcasing the popularity of online content [29] Group 4 - The gaming market is dominated by Tencent, with five of its games in the top ten of the iOS sales rankings, underscoring its strong market position [30] - The report mentions the significant growth in the book sector, with various titles achieving high sales, indicating a robust literary market [33]