Core Viewpoint - Century Huatong, the largest gaming company by market capitalization in A-shares, has received approval from the Shenzhen Stock Exchange to revoke its other risk warnings, transitioning from "ST Huatong" back to "Century Huatong" [3][6]. Group 1: Company Developments - Century Huatong will be suspended for one day on November 11 and will resume trading on November 12, with the stock's daily price fluctuation limit increasing from 5% to 10% after the revocation of risk warnings [6]. - The company faced administrative penalties from the China Securities Regulatory Commission last year due to false financial reporting, which included improper goodwill impairment testing and fictitious software copyright transaction revenues [6]. - To achieve the revocation of risk warnings, Century Huatong has restated its financial reports for the relevant years and received an audit report from Da Xin Accounting Firm regarding prior accounting errors from 2018 to 2023 [6]. Group 2: Financial Performance - As of November 10, Century Huatong has received 80 investor claims totaling approximately 73.16 million yuan, with all cases filed in the Intermediate People's Court of Shaoxing City, Zhejiang Province [7]. - Despite being labeled "ST" last year, Century Huatong's stock price has increased significantly, with a year-to-date rise of over 200%. The stock price rose from 5.13 yuan per share at the time of the administrative penalty to 17.61 yuan per share at the time of the revocation announcement, resulting in a market capitalization increase from 38.23 billion yuan to 130.8 billion yuan [8]. - The company's third-quarter financial report shows a record revenue of 10.02 billion yuan, a year-on-year increase of 60.2%, and a net profit of 1.7 billion yuan, up 163.8% [8]. - For the first three quarters of the year, Century Huatong's total revenue reached 27.22 billion yuan, surpassing the total revenue of the previous year [8]. Group 3: Game Performance - Century Huatong's subsidiary, Diandian Interactive, has seen significant success with the game "Whiteout Survival," which has topped the revenue charts for Chinese mobile games overseas for 15 consecutive months, with global revenue exceeding 3.5 billion USD (approximately 24.9 billion yuan) as of September [9]. - Another successful title, "Kingshot," has generated over 400 million USD (approximately 2.8 billion yuan) since its launch in February, ranking second in the overseas revenue charts for September [9]. - According to SensorTower's report, Diandian Interactive ranks second in global revenue among Chinese mobile game publishers, surpassing NetEase and only behind Tencent [9].
千亿市值游戏大厂,最新公告!年内股价涨幅超200%