Core Viewpoint - Zhongshouyou (00302) has issued a profit warning, expecting a loss of no more than RMB 650 million for the six months ending June 30, 2025, compared to a net loss of RMB 241 million in the same period last year, indicating a significant increase in losses due to underperformance of its flagship game and rising expenses [1] Financial Performance - The company anticipates a loss of up to RMB 650 million for the upcoming six-month period [1] - Last year's net loss for the same period was RMB 241 million, highlighting a substantial deterioration in financial performance [1] Revenue Impact - Revenue is expected to decrease by approximately 40% following the underperformance of the self-developed flagship game "Xianjian World" [1] Expense Analysis - There has been an increase in non-operating expenses, contributing to the overall financial strain [1] - Sales and distribution expenses have significantly increased, further impacting the company's profitability [1]

Core Viewpoint - The company, Zhongyou Game (00302), has issued a profit warning, anticipating a significant increase in losses for the upcoming half-year period, leading to a sharp decline in its stock price by over 15% [1] Financial Performance - The company expects a loss of no more than RMB 650 million for the six months ending June 30, 2025, compared to a net loss of RMB 241 million in the same period last year [1] - The anticipated loss represents an increase of approximately 169% year-on-year [1] Revenue and Expenses - Revenue is expected to decrease by about 40% due to the underperformance of the self-developed flagship game "Xianjian World" [1] - There has been an increase in non-operating expenses and a significant rise in sales and distribution costs [1]

Group 1 - The company expects a net loss of no more than 650 million RMB in the first half of 2025, with overall revenue projected to decrease by approximately 40% compared to the same period last year [2] - The primary reasons for the decline in performance include the underwhelming performance of the self-developed game "Xianjian World" after its release, a year-on-year drop in domestic revenue, and an increase in non-operating expenses, mainly due to the write-off of prepaid game licensing fees and losses in the fair value of financial assets [2] - There has been a significant increase in sales and distribution expenses, primarily for the marketing and promotion of "Xianjian World" and new game launches [2]

Group 1 - The company, Zhongshouyou (00302.HK), expects to incur a net loss of no more than RMB 650 million for the six months ending June 30, 2025 [1] - For the six months ending June 30, 2024, the company reported a net loss of RMB 241 million [1]

Core Viewpoint - The company, Zhongshouyou, anticipates a net loss of no more than RMB 650 million for the six months ending June 30, 2025, following a net loss of RMB 241 million for the six months ending June 30, 2024 [1] Group 1: Performance Overview - The decline in performance is attributed to several factors, including a significant drop in revenue from domestic operations compared to the same period in 2024, despite substantial growth in overseas business revenue [2] - The revenue for the six months ending June 30, 2025, is expected to decrease by approximately 40% compared to the same period in 2024 [2] Group 2: Expense Analysis - Non-operating expenses for the six months ending June 30, 2025, have increased compared to the same period in 2024, primarily due to the write-off of prepaid licensing fees for games that have not yet launched and increased fair value losses on financial assets [2] - Sales and distribution expenses have significantly increased, mainly due to extensive marketing efforts for the flagship game "Xianjian World" and promotional costs associated with the release of new games such as "Chunqiu Xuanqi" [2]

Core Viewpoint - The company expects a net loss of no more than RMB 650 million for the six months ending June 30, 2025, following a net loss of RMB 241 million for the same period in 2024, primarily due to underperformance of its flagship game and increased expenses [1] Group 1: Financial Performance - The revenue for the six months ending June 30, 2025, is expected to decrease by approximately 40% compared to the same period in 2024, despite significant growth in overseas business revenue [1] - The net loss for the six months ending June 30, 2024, was RMB 241 million [1] Group 2: Contributing Factors - The underperformance of the self-developed flagship game "Xianjian World," released in February 2025, and a decline in revenue generated from the domestic market contributed to the expected loss [1] - Non-operating expenses for the six months ending June 30, 2025, increased due to the write-off of prepaid licensing fees for games not yet launched and increased fair value losses on financial assets [1] - Sales and distribution expenses significantly increased due to extensive marketing for "Xianjian World" and promotional costs for new game releases such as "Chunqiu Xuanqi" [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 CMGE Technology Group Limited 中手游科技集團有限公司 承董事會命 本公告乃由中手游科技集团有限公司（「本公司」，連同其附屬公司及在中華人民共 和國的合併營運實體，統稱「本集團」）根據香港聯合交易所有限公司證券上市規則 （「上市規則」）第13.09(2)(a)條及香港法例第571章證券及期貨條例第XIVA部項下 內幕消息條文（定義見上市規則）而作出。 本公司董事會（「董事會」）謹此通知本公司股東及潛在投資者，根據對本集團截至 2025年6月30日止六個月的未經審核綜合管理賬目的初步評估及本集團目前可得資 料，預期本集團截至2025年6月30日止六個月錄得不多於人民幣650.0百萬元的淨 虧損。本集團截至2024年6月30日止六個月的淨虧損為人民幣241.1百萬元。 本集團業績下滑主要由於以下因素： (1) 儘管報告期間海外業務收入較2024年同期有較大增長，但由於本集團自研旗 ...

Economic News - The central bank aims to maintain reasonable growth in monetary credit, having reduced the reserve requirement ratio by 0.5 percentage points in May, injecting approximately 1 trillion yuan into the market [1] - The National Taxation Bureau reports that from April 2024 to July 2025, the procurement amount for machinery and equipment is expected to grow by 7.3% year-on-year, with significant increases in sales of household appliances and new energy vehicles [1] - In July, the total retail sales of consumer goods reached 38,780 billion yuan, a year-on-year increase of 3.7%, with non-automotive retail sales growing by 4.3% [1] - The industrial added value in July increased by 5.7% year-on-year, with manufacturing growing by 6.2% [1] Company Insights - Salt Lake Co. terminated its project cooperation with Highland Resources, which was intended to acquire a controlling stake for approximately 300 million USD, stating that the conditions for cooperation were not mature at this stage [6] - Dongfeng Group plans to sell a 50% stake in Dongfeng Honda Engine Company, currently in the pre-listing stage [6] - NIO plans to enter Singapore, Uzbekistan, and Costa Rica markets between 2025 and 2026, marking its first foray into right-hand drive vehicles and the Americas [6][8] - Zhongjiu Mobile has reached a strategic cooperation with Singapore's Pangu for Web3 payment and game promotion [6] - 361 Degrees has signed a strategic cooperation agreement with Stand Robot to develop smart clothing and accessories for robots [6] Industry Analysis - The commercial aerospace industry is experiencing rapid growth in launch site numbers, with 18 operational and 7 under construction as of July 2025 [10][11] - The domestic satellite internet sector is in a construction phase, with China having launched 47 satellites compared to the 7000 operational satellites of the US Starlink project [10] - The demand for commercial satellite launches is high, with existing launch sites often fully booked, indicating a supply-demand imbalance [14] - The ground measurement and control systems are critical for launch sites, with SpaceX's model serving as a reference for China's development [10][12] - Investment opportunities are identified in ground measurement stations, launch control equipment, and fueling systems, with specific companies highlighted for potential growth [15]

Core Viewpoint - The strategic partnership between Zhongshouyou and OSL Group aims to promote the application of compliant stablecoin ecosystems by integrating OSL's financial infrastructure with Zhongshouyou's global IP gaming ecosystem [1] Group 1: Strategic Cooperation - Zhongshouyou and OSL Group announced their strategic cooperation on August 15, focusing on the integration of OSL's leading compliant virtual asset financial infrastructure with Zhongshouyou's extensive gaming payment applications [1] - The collaboration is expected to connect OSL's stablecoin service network for financial institutions with Zhongshouyou's broad gaming payment scenarios, injecting "fresh water" into the market and accelerating the application of compliant stablecoins in the real economy and digital entertainment sectors [1] Group 2: Business Complementarity - The strategic cooperation is based on the high complementarity of both companies' businesses, aiming to create a value closed loop from the underlying Web3 technology to upper-level compliant applications [1] - Both companies have reached a strategic cooperation intention to collaborate under a network of compliant licenses in multiple regions [1] Group 3: Technical Integration - Zhongshouyou will leverage its technical capabilities and industry influence, utilizing OSL's compliant digital asset custody and unified settlement tools across multiple chains and currencies to provide 24/7 global cross-border payment and settlement services to its industry ecosystem partners [1]

Core Viewpoint - The strategic partnership between Zhongshouyou and OSL Group aims to promote the application of compliant stablecoin ecosystems by integrating OSL's financial infrastructure with Zhongshouyou's global IP gaming ecosystem [1] Group 1: Strategic Cooperation - Zhongshouyou and OSL Group announced their strategic cooperation on August 15, focusing on the integration of OSL's compliant virtual asset financial infrastructure with Zhongshouyou's extensive gaming payment applications [1] - The collaboration is expected to connect OSL's stablecoin service network for financial institutions with Zhongshouyou's broad gaming payment scenarios, injecting "fresh water" into the market and accelerating the application of compliant stablecoins in both the real economy and digital entertainment sectors [1] Group 2: Business Complementarity - The strategic cooperation is based on the high complementarity of both companies' businesses, aiming to create a value closed loop from the underlying Web3 technology to upper-level compliance applications [1] - Both companies have reached a strategic cooperation intention to collaborate under a network of compliant licenses in multiple regions [1] Group 3: Technical Integration - Zhongshouyou will leverage its technical capabilities and industry influence, utilizing OSL's compliant digital asset custody and multi-chain, multi-currency unified settlement tools to provide 24/7 global cross-border payment and settlement services to its industry ecosystem partners [1]