股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中手游科技集团有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00302 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.0001 | USD | | 500,000 | 本月底法定/註冊股本總 ...

Group 1: Company Developments - Zhong Shouyou (中手游) reported an internal investigation leading to the criminal detention of former studio manager Jiang, who was involved in serious misconduct [1] - The studio, known as "Mantiansxing," was established in early 2021 and was responsible for the development of the game "Xianjian World," which has underperformed since its launch [1][2] - The company faced significant financial challenges, with a reported revenue of 1.93 billion RMB and an adjusted net loss of 2.08 billion RMB for the 2024 fiscal year, primarily due to delays in the launch of its core game [2] Group 2: Industry Trends - The gaming industry has seen a surge in anti-corruption actions, with multiple companies, including Perfect World and Bilibili, reporting serious violations and criminal activities among employees [4][5] - Analysts suggest that the current wave of anti-corruption efforts is crucial for the healthy development of companies, as many issues have surfaced due to the lack of robust regulations in the rapidly growing industry [5] - The gaming sector's unique characteristics necessitate ongoing adjustments to corporate governance and anti-corruption measures to address emerging challenges [5]

Group 1 - The National Development and Reform Commission emphasizes the need to stabilize investment and promote consumption, focusing on high-quality development of the "low-altitude economy" and "Artificial Intelligence+" initiatives [4] - The Ministry of Commerce responds to Cheung Kong Group's sale of overseas port assets, stating that the Chinese government will conduct regulatory reviews to protect market competition and national interests [4] - ByteDance clarifies that the average tenure of its employees is 3.0 years, countering claims of a 7-month average [8] Group 2 - Nvidia addresses concerns regarding security vulnerabilities in its chips, asserting that there are no "backdoors" allowing remote access [7] - Wang Jianlin transfers ownership of a Wanda Plaza, indicating ongoing changes in the company's asset management [6] - Ideal Auto's executives invite a rival brand to a live crash test to address safety concerns raised by a recent video [8] Group 3 - Amazon reports a Q2 net profit of $18.16 billion, a 34.7% year-over-year increase, with revenues of $167.7 billion [13] - Apple announces a Q3 net profit of $23.43 billion, a 9% increase, with revenues of $94.04 billion [14] - BMW's net profit for the first half of the year declines by 29% to €4 billion, with sales revenue down 8% [15][16] Group 4 - JD.com plans to acquire CECONOMY AG, valuing the deal at approximately €2.2 billion (over 18 billion RMB) [19][20] - Microsoft becomes the second company globally to surpass a market capitalization of $4 trillion, reporting a Q4 revenue of $76.44 billion [20] - WuXi AppTec plans to place 73.8 million H-shares [20]

Core Viewpoint - The gaming industry is currently undergoing a significant anti-corruption campaign, with multiple companies reporting serious misconduct among their employees, which has led to criminal investigations and arrests [5][6]. Company Summary - On July 30, Zhong Mobile (00302.HK) reported that its former studio manager, Jiang, was involved in serious job-related crimes and has been detained by law enforcement [1]. - Jiang was responsible for the "Xianjian World" project, which launched earlier this year but failed to meet performance expectations, leading to significant layoffs within the project team [2]. - Zhong Mobile's financial performance has been under pressure, reporting a revenue of 1.93 billion RMB and an adjusted net loss of 2.08 billion RMB for the 2024 fiscal year, primarily due to delays in the launch of its core game [3]. Industry Summary - The anti-corruption efforts in the gaming industry have intensified, with Perfect World and Bilibili also reporting serious violations among their employees, leading to criminal charges [5]. - Analysts suggest that these anti-corruption measures are crucial for the healthy development of companies in the gaming sector, as many firms are now addressing internal misconduct that has been exposed due to improved regulations [6]. - The gaming industry faces unique challenges in establishing modern corporate governance, which necessitates ongoing adaptation to effectively combat corruption [6].

Core Viewpoint - The corruption case involving Jiang Haitao, former general manager of the Starry Sky Studio under Zhongyou Mobile, has revealed severe misconduct linked to the failure of the game "Xianjian World," leading to his criminal detention and ongoing investigations [1][2]. Group 1: Corruption and Project Failure - Jiang Haitao's corruption involved manipulating contracts and misappropriating funds during the development of "Xianjian World," which had over 300 million yuan invested but resulted in poor player feedback and low-quality output [2][4]. - The project faced significant issues such as low player retention rates and poor performance, attributed to the misallocation of funds and strategic mismanagement [2][4]. Group 2: Industry Context and Response - The gaming industry is currently undergoing a compliance overhaul, with several companies tightening audits and addressing corruption amid a shrinking market environment [3][4]. - High dependency on outsourcing in game development has created opportunities for corruption, particularly in areas like art and special effects, where costs can account for 30%-50% of total development expenses [3]. Group 3: Implications for Zhongyou Mobile - The incident has severely impacted Zhongyou Mobile, which reported a net loss of 241 million yuan in the first half of 2024, a fivefold increase year-on-year, and saw its stock price plummet over 70% [4]. - The failure of "Xianjian World" has diminished the value of the "Xianjian" IP, which is now viewed as overexploited due to low-quality derivative works [4]. Group 4: Industry Transformation - The case signifies a broader crisis in the gaming industry, marking the end of an era characterized by reckless growth and the need for a shift towards more sustainable and meticulous operational practices [5]. - Establishing robust anti-corruption measures and effective management systems is crucial for the industry's future, ensuring that creativity and commercial value can thrive in a new phase [5].

7月30日，中手游发内部信通告，原满天星工作室总经理姜某某涉嫌严重的职务犯罪行为，目前已被公 安机关依法采取刑事拘留措施。目前中手游官网已将姜某某的介绍图撤下，官方消息称，满天星工作室 是中手游在2021年上半年成立的三个研发工作室之一，姜海涛担任满天星工作室负责人后，率队研发 《仙剑世界》项目，该游戏于今年年初上线。此前有消息显示，《仙剑世界》研发投入超3亿元。(第一 财经) ...

Group 1: Chinese Game Industry Performance - In the first half of 2025, China's self-developed games achieved actual sales revenue of $9.501 billion in overseas markets, representing a year-on-year growth of 11.07% [1] - Mini-games are becoming a core growth engine for overseas expansion, characterized by lightweight formats that meet fragmented demand, technological empowerment through AIGC, and social-driven traffic growth [1] - The strong performance of the cultural industry overseas injects confidence into the market, highlighting the effectiveness of the overseas strategies of related gaming companies [1] Group 2: Horizon Series Sales Growth - As of July 2025, the global cumulative sales of the Horizon series games reached 38 million copies, an increase of 5.3 million copies from 32.7 million reported in April 2023 [2] - The growth is primarily attributed to the PC port of "Horizon: Forbidden West," the release of the spin-off "LEGO Horizon Adventure," and the "Zero Dawn Remastered" [2] - The series has established itself as one of PlayStation's top IPs, showcasing strong IP vitality and market recognition of related gaming companies' IP management capabilities [2] Group 3: Collaboration in Web3 Strategy - Gaming operator Zhongyou announced that its wholly-owned subsidiary SuperNova has signed a memorandum of cooperation with one of the first issuers in Hong Kong's stablecoin sandbox for payment integration testing [3] - This move is part of Zhongyou's accelerated Web3 strategy, which includes launching a Web3 aggregation payment tool to support various payment methods, including stablecoins regulated by new Hong Kong laws [3] - The integration of stablecoin payment testing is expected to enhance user experience and broaden business boundaries, increasing market attention on blockchain-related sectors [3]

Group 1 - In the first half of 2025, China's self-developed games achieved actual sales revenue of $9.501 billion in overseas markets, representing a year-on-year growth of 11.07% [1] - Mini-games are becoming a core growth engine for overseas expansion, characterized by lightweight forms that meet fragmented demand, technological empowerment through AIGC, and rapid traffic growth driven by social sharing [1][2] - The strong performance of the cultural industry overseas injects confidence into the market, highlighting the effectiveness of the overseas strategies of related gaming companies [1] Group 2 - The "Horizon" series of games has reached a cumulative global sales figure of 38 million copies, an increase of 5.3 million copies since April 2023, primarily driven by the PC port of "Horizon: Forbidden West" and the release of spin-offs [2] - The series has solidified its status as a top IP for PlayStation, showcasing the strong vitality of the IP and the market's recognition of the operational capabilities of related gaming companies [2] Group 3 - Zhongyou Game's subsidiary SuperNova has signed a memorandum of cooperation with a stablecoin issuer participating in Hong Kong's first batch of stablecoin sandbox pilots, focusing on payment integration testing [3] - This move reflects Zhongyou Game's commitment to advancing its Web3 strategy, which includes launching a Web3 aggregation payment tool to support various payment methods [3] - The integration of stablecoin payments is expected to enhance user experience and broaden business boundaries, increasing attention on related blockchain concept sectors [3]

Core Viewpoint - The collaboration between Zhongshou Technology Group and a stablecoin issuer in Hong Kong marks a strategic move to leverage the upcoming regulatory framework for stablecoins, enhancing the company's Web3 strategy and payment solutions [1][2]. Group 1: Company Developments - Zhongshou's subsidiary, SuperNova, has signed a memorandum of understanding with a stablecoin issuer approved by the Hong Kong Monetary Authority, focusing on stablecoin payment integration [1]. - This partnership is a key step following Zhongshou's announcement of a comprehensive Web3 strategy on July 25, aimed at seizing market opportunities presented by new stablecoin regulations effective August 1 [1][2]. - The collaboration will promote and expand the use of stablecoin payment scenarios in the overseas gaming sector [1]. Group 2: Industry Context - The new regulatory framework for stablecoin issuers in Hong Kong aims to provide a clear legal structure and a healthy development environment for the stablecoin market [1]. - Stablecoins are recognized for their potential to bridge traditional finance and digital assets, enhancing cross-border payment efficiency, reducing transaction costs, and promoting financial inclusivity [1]. - The integration of stablecoins into Zhongshou's Web3 payment tools is expected to enhance security and credibility, optimizing payment experiences and capital flow efficiency for its global gaming operations [2].

Core Viewpoint - The company is accelerating its strategic initiatives in IP RWA, Web3 aggregation payment, and Web3 esports gaming platforms, aiming to leverage the historical opportunities presented by Hong Kong's Web3 policies [1][4]. Group 1: IP RWA and Strategic Initiatives - The company plans to deepen its operations in the IP RWA sector, particularly focusing on the "Xianjian Qixia Chuan" IP, which has a rich history and significant commercial value accumulated over thirty years [2]. - The RWA initiative aims to unlock new vitality and commercial potential for the "Xianjian Qixia Chuan" IP through its on-chain plan [2]. Group 2: Web3 Aggregation Payment Tool - The company will launch a Web3 aggregation payment tool that integrates fiat currencies, major global virtual currencies, and stablecoins, optimizing cross-border payment processes and reducing settlement costs [2][3]. - The tool is designed to support the company's overseas business development and will be embedded within its gaming ecosystem [2]. Group 3: Web3 Esports Platform - The company has initiated the development of a decentralized Web3 esports platform named "KKFun Esports," expected to launch in overseas markets by late 2025 to early 2026 [3]. - "KKFun Esports" will integrate the Web3 aggregation payment tool and support payments in major virtual currencies and stablecoins, promoting a healthy and competitive gaming environment [3]. Group 4: Systematic Extension of IP Value Chain - The company's Web3 strategic initiatives are not isolated technical applications but represent a systematic extension of its IP value chain and global gaming ecosystem [4]. - All initiatives will be pursued under principles of compliance and transparency to create new growth momentum and long-term value for shareholders [4].