Core Insights - Chengdu is positioning itself as a leading hub for the digital cultural and creative industry, aiming to create a high-level innovation platform and ecosystem to foster new IPs and projects [2][3][10] Group 1: Industry Development - Chengdu ranked fourth in the 2025 China Digital Cultural and Creative City Index and released a list of 100 billion yuan cooperation opportunities in the digital cultural sector [2] - The city achieved a cultural and creative industry added value of 287.6 billion yuan in 2024, with a year-on-year growth of 11.7%, and the core digital cultural industry revenue reached 381.9 billion yuan [3] - In the first half of this year, the added value of the cultural and creative industry was 187.2 billion yuan, growing by 7.4%, while the core digital cultural industry revenue was 212.1 billion yuan, with nearly 900 registered digital cultural enterprises [3] Group 2: Events and Engagement - The 2025 Chengdu International Digital Cultural and Creative Ecosystem Partner Conference attracted over 340 global leaders and showcased the city's commitment to advancing the digital cultural industry [1][2] - The recent "Super Golden Week" saw significant attendance at events like the 21st World Line Animation Exhibition, which attracted 40,000 visitors on its opening day [8] - The conference announced that five world-class esports events will be held in Chengdu from October to December, highlighting the city's growing importance in the global esports landscape [10] Group 3: Policy and Support - Chengdu has implemented supportive policies for nurturing digital cultural startups, including financial services and entrepreneurial support, making it the first city to focus on this sector [14] - The city has established itself as a favorable environment for innovation, with strong government support and a welcoming business climate, which is crucial for the growth of the digital cultural industry [12][14] Group 4: Global Outreach - Chengdu is actively engaging in international investment promotion, having facilitated nearly 10 billion yuan in cooperation agreements with European partners [19] - The city is becoming a key entry point for European companies into the Chinese market, with significant projects like the establishment of the German machine tool headquarters in Chengdu [19] - The international digital cultural ecosystem conference reflects Chengdu's unique industrial appeal and its readiness to embrace global opportunities [22]

Core Insights - The CJ exhibition, despite previous skepticism, continues to evolve and adapt, showcasing not just games but also emerging trends in technology and AI, reflecting the industry's dynamic nature [1][19] AI and Robotics - AI has rapidly transformed from basic functionalities to advanced capabilities, significantly impacting the gaming industry by enhancing creativity and efficiency for game developers [2][10] - The exhibition featured a dedicated area for robots, showcasing their advancements, including interactive robots that engage with attendees, highlighting the integration of AI in robotics [5][8] - Robots demonstrated their skills in a mini soccer field, showcasing their evolution from basic movement to complex interactions, raising questions about their indistinguishability from humans [7][11] E-sports and Gaming Hardware - E-sports remains a central theme, with major companies like Sony and Samsung emphasizing high-performance gaming hardware, catering to the growing demands of gamers [13][15] - Sony set up interactive experience zones focused on e-sports, enhancing auditory and visual experiences for players, while Samsung showcased powerful gaming rigs with substantial storage [13][15] - Other hardware manufacturers, such as Zotac and Galax, also participated, leveraging collaborations with popular games to attract attendees and enhance brand visibility [17][20] Overall Industry Trends - The CJ exhibition has successfully repositioned itself, attracting large crowds and generating discussions beyond gaming, indicating a thriving and evolving industry landscape [19]

Group 1: Industry Trends - The consumer electronics sector is entering a new growth phase influenced by changing expectations and tightened budgets, with retail sales expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2030 [7] - Global toy and video game sales are projected to surge by 14% from 2024 to 2029, reaching $317 billion, primarily driven by video games [2] - The demand for microphones has significantly increased due to the growth of the live streaming economy, with some brands experiencing annual growth rates of around 50% [4] Group 2: Product Innovation and Market Expansion - Companies are showcasing innovative products at trade shows, such as gaming microphones and RGB lighting solutions, to attract overseas buyers [2][5] - Brands are focusing on creating a product ecosystem that includes not just individual items but complete solutions for gaming and streaming [11] - Chinese brands are reshaping the global tech market by emphasizing localization, affordability, and design, with notable success in various regions [7] Group 3: Regional Market Focus - Companies are strategically targeting specific markets, such as Brazil, due to its large gaming population and vibrant gaming culture, leading to successful sponsorships and partnerships [9] - The Middle East and Southeast Asia are emerging as strong markets for esports hardware, with expected growth rates of 5% to 10% [11] - Companies are adapting their product offerings to meet the specific needs of different user segments, such as ASMR streamers and gamers, enhancing their market appeal [4][8]

Core Insights - The 2025 Guangdong-Hong Kong-Macao Greater Bay Area Cultural Industry Investment Conference aims to connect funding with projects, aligning with the needs of investment firms like Fengyuan Investment [1] Company Overview - Fengyuan Investment, established in 2022, focuses on equity investments in frontier technology commercialization, manufacturing transformation, and urban renewal [1] - The founder, Fu Zheng, has a background in investment banking and has previously worked with UBS and CVC Capital Partners, leading investments in various sectors [1] Industry Trends - The cultural industry is experiencing significant trends, particularly the integration of culture and technology, with areas like AIGC, metaverse, digital humans, and smart hardware reshaping product creation and consumption [3] - Guangdong has established itself as a cultural industry powerhouse, with a complete industry chain and a vibrant innovation atmosphere [3] Regional Advantages - Guangdong is the largest cultural industry province in China, with a total revenue of 2.5 trillion yuan from large-scale cultural enterprises in 2024, accounting for about one-sixth of the national total [4] - The province has introduced a new policy package to promote high-quality cultural industry development, releasing 87 policies to support new cultural business models [4] Investment Opportunities - The conference has successfully facilitated significant investment, with a total of 250 billion yuan in cultural industry investment funds announced over two sessions [4] - In 2023, the conference achieved an intended investment signing amount of 2 billion yuan, with actual financing reaching 1.51 billion yuan [4] Collaboration Expectations - Fengyuan Investment seeks precise recommendations for high-growth projects, guidance on product licensing in gaming and film, and opportunities to establish or participate in specialized funds for cultural technology [5]

Core Insights - The gaming industry is evolving into an "AI + gaming + various industries" model, where technologies validated in gaming are expected to create broader application ecosystems, impacting digital content and services across multiple sectors [1][2] - Perfect World has been exploring AI in the digital cultural creation sector for seven to eight years, integrating AI deeply into various business segments, significantly influencing and reshaping cultural creative production models [2][3] Group 1: AI Applications in Gaming - Perfect World focuses on two main AI application directions: enhancing user experience and optimizing production efficiency [3] - The MMORPG game "Zhu Xian World" utilizes AI for real-time weather simulation, achieving realistic environmental effects like rain and snow [3] - The game will integrate NVIDIA's Audio2Face technology in March 2024, allowing audio to be converted into facial animations, enhancing character expressions and improving development efficiency [3] Group 2: Broader AI Integration - AI is transitioning from being technology-driven to value-driven, with applications expanding across various industries, including healthcare, automotive, and finance [2] - The Chinese government is promoting a coordinated national strategy for AI development, focusing on six major actions under the "AI+" initiative [2] - Domestic leading companies are investing heavily in AI infrastructure and independent chip development, aiming to create a closed loop of technology, products, and commercialization [2] Group 3: Challenges and Future Directions - The rapid development of AI presents opportunities but also raises ethical concerns, data misuse, algorithm bias, and unclear responsibilities [3] - There is a call for a focus on foundational research and long-term strategies, emphasizing the coexistence of AI and human society [3]

Group 1: Company Performance Overview - The company achieved a revenue of 101,025.41 million yuan in the first half of 2025, representing a year-on-year growth of 25.09% [2] - The net profit attributable to shareholders was 16,151.56 million yuan, with a significant increase of 69.22% compared to the previous year [2] - Revenue from online advertising and value-added services reached 80,038.32 million yuan, growing by 30.99% [2] - The gaming business generated 20,809.58 million yuan in revenue, marking a growth of 7.37% [2] Group 2: Industry Insights - The domestic gaming market's actual sales revenue was 168 billion yuan in the first half of 2025, reflecting a growth of 14.08% [3] - The number of gaming users reached approximately 679 million, with a slight increase of 0.72% [3] - The client game market's actual sales revenue was 35.403 billion yuan, growing by 4.86% [3] - By the end of Q2 2025, the number of internet service venues and esports hotels in China reached 107,300, with a revenue scale of 48.95 billion yuan [3] Group 3: Company Strategy and Innovations - The company focuses on providing end-to-end technology solutions for the esports industry, covering over 70% of the market and maintaining partnerships with over 2,000 collaborators [5] - The subsidiary, Floating Cloud Technology, is advancing AI integration in various sectors, including judicial and tax services [6] - The company launched the "Network Maintenance Master 9300" product, enhancing gaming performance and operational efficiency through AI technology [8][9] Group 4: Event Highlights - The 22nd ChinaJoy exhibition in August 2025 had an exhibition area of 135,000 square meters, with 313 BTOC and 486 BTOB exhibitors, attracting 410,300 visitors [7] - The event showcased a diverse range of digital entertainment products and technologies, highlighting the industry's growth and innovation [7] Group 5: Future Outlook - The company is expected to continue its growth trajectory in the third quarter of 2025, with detailed reports available on the official information disclosure platform [11]

Group 1 - The 2025 League of Legends World Championship has officially started in Beijing, marking the third time this event is held in China, with 17 top teams from five major regions competing for the global championship title over five weeks [1] - The event is part of the Dongcheng District's cultural and tourism integration brand "East of the Forbidden City," which aims to explore the fusion of culture, tourism, and esports [1] - Dongcheng District has established a "1+3+N" activity system to create an ecosystem for full participation, with offline viewing events and various promotional activities from multiple cultural and tourism enterprises [1] Group 2 - The event features a limited edition commemorative album that combines intangible cultural heritage craftsmanship with esports elements, appealing to young audiences [2] - Three themed photo spots inspired by traditional crafts have become popular among young people, integrating League of Legends IP elements [2] - The Beijing station will host the qualifying and Swiss rounds, expected to attract hundreds of millions of online viewers, while also implementing a new viewing authorization cooperation model with 15 cultural and tourism enterprises [2]

OURGAME INTERNATIONAL HOLDINGS LIMITED 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之內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對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之任何損 失承擔任何責任。 聯 眾 國 際 控 股 有 限 公 司* （ 根據開曼群島法律註冊成立之有限公司） （股份代號：6899） 自願公告 戰略性投資加密貨幣 推動區塊鏈技術與本集團業務融合 本公告乃由聯眾國際控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）自願作出。 徐金 – 1 – . 拓展基於區塊鏈的支付方式，覆蓋AGAE的全球IP組合，包括電競賽事、遊戲平台和沉 浸式娛樂場館； . 開發自主RWA代幣化模型，例如現場娛樂權益、物業管理收益以及影視╱動畫IP的貨 幣化；及 . 為穩定 幣和功 能型代 幣的整合 奠定基 礎，以 提升用 戶參與 度、促進 跨境交 易，並 增強 整個生態體系的流動性。 AGAE首席執行官James Li表示：「我們不僅將加密貨幣視為價值儲存手段，更將其視為推 動 AGAE 未來 業 務 發展 的 戰 略基 ...

Core Points - The newly enacted "Hainan Free Trade Port Tourism Regulations" emphasizes the keyword of openness, presenting new opportunities for the tourism industry in Hainan [1][2] - The regulations will take effect on December 1, 2023, and include a dedicated chapter on "Tourism Openness and Internationalization" aimed at building an international tourism consumption center [1][2] Tourism Market Opening - The regulations will gradually relax or eliminate restrictions on foreign investment in the tourism sector, allowing qualified joint venture travel agencies and wholly foreign-owned enterprises to operate outbound tourism services, excluding Taiwan [1][2] - The regulations encourage the establishment of high-end hotel groups and renowned hotel management brands in Hainan, promoting the internationalization and refinement of hotel brands [1][2] Visa and Travel Policies - A broader visa-free entry policy will be implemented, enhancing international tourism services in areas such as online booking, customs clearance, financial payments, and medical assistance [2] - Currently, citizens from 86 countries can enter Hainan visa-free, contributing to the popularity of "Hainan Travel" [2] Duty-Free Shopping and Events - The regulations will implement more convenient duty-free shopping policies for outbound travelers, aiming to create an internationally influential duty-free shopping destination [2] - There is encouragement for international high-level performances and events, as well as for foreign investors to establish performance agencies and venues [2] Medical Tourism - The regulations support the development of the Boao Lecheng International Medical Tourism Pilot Zone, facilitating medical treatment for overseas patients in Hainan [2] - The pilot zone will enhance multilingual services and cross-border medical treatment convenience, improving international medical tourism service capabilities [2][3] Talent Development - The regulations encourage the introduction and training of urgently needed international talent in the tourism sector and support the establishment of foreign educational resources in Hainan [3] - These measures are expected to attract more international tourists and provide a foundation for international capital to enter Hainan's tourism industry [3]

Core Points - SNK will participate as a main exhibitor in the "Beijing West eSports Festival" on June 28-29, 2025, showcasing two games: "The King of Fighters XV" and "Fatal Fury: City of Wolves" [1] - The SCS 2025 annual finals will take place from October 17 to 19 at the Shougang Park Short Track Speed Skating Hall, marking a significant achievement following the signing of agreements with Tencent and other companies [1][3] - The SCS (SNK Championship Series) is a global official esports event brand initiated by SNK in China, with a total prize pool of 1 million yuan for the 2025 edition [3] - The competition will feature 8 players from "The King of Fighters XV" and 16 players from "Fatal Fury: City of Wolves" advancing to the finals, competing for the championship title [3] - The SCS 2025 finals will also provide three direct qualification spots for the SNK World Championship 2025, intensifying the competition [5] Industry Development - Shijingshan District is actively developing the "Two Parks and One River" collaborative initiative to establish itself as an "eSports City" [3] - The district has implemented supportive measures for the high-quality development of the gaming and eSports industry, fostering innovation and growth [3] - The successful establishment of the Beijing DRG eSports Club in Shijingshan is part of the effort to enhance the local eSports ecosystem [3]