Core Insights - The gaming sector continues its strong performance, with the gaming ETF (159869) rising nearly 2%, driven by stocks such as Beiwai Technology, Zhangqu Technology, Baotong Technology, and Shunwang Technology [1] - Multiple industry events are scheduled during ChinaJoy 2025, including the "Shulong Cup" global AI gaming and application innovation competition, which awarded six prizes, and conferences focusing on technology-driven industry upgrades and creative value enhancement [1] - The National Press and Publication Administration issued 127 domestic game licenses and 7 import licenses in July, including key products like Dd Interactive's "Bengben Kingdom" and NetEase's "Diablo IV" [1] Industry Trends - Guosen Securities indicates a trend of fundamental improvement in the media and gaming industry, suggesting that the gaming sector should focus on product cycles and performance from the bottom up, while the media side should monitor advertising growth due to economic recovery [1] - The gaming sector is catalyzed by multiple factors including AI, content, and commercialization model transformations, with the gaming ETF (159869) tracking the CSI Animation and Gaming Index, reflecting the overall performance of A-share listed companies in the animation and gaming industry [1] - The successful conclusion of the ChinaJoy gaming event continues to provide a catalytic effect, highlighting investment opportunities in the gaming ETF (159869) [1]