据报道称，此案的涉案人童敏，生前曾任泸州某知名民办学校校长。在担任校长期间，童敏以投资建设幼儿园、培训学校等为由，诈骗亲朋好友5000余万 元，其中超3000万元用于充值网易旗下游戏《大唐无双》。 由于童敏已于2021年5月31日跳江自杀，泸州江阳警方依法撤销刑事案件。29名被害人遂转向民事诉讼，起诉童敏财产继承人即童某荣（童敏父亲）、广 州网易计算机系统有限公司以及财付通支付系统有限公司，要求网易返还3100余万元的充值款、财付通返还220余万元的支付款项，并由童某荣通过继承 的方式将上述款项返还给原告。2024年10月12日，泸州市江阳区人民法院一审判决驳回原告李某学等29人的诉讼请求。 二审庭审中，29名原告上诉人撤回对财付通支付科技有限公司的一审起诉和上诉，主要诉请广州网易公司返还游戏充值款。二审法庭要求上诉人、被上诉 人在一周内提供新的调解方案，否则将依法宣判。 近日，备受关注的"女校长诈骗数千万充值游戏"一案，在四川泸州市中级人民法院二审开庭。 首先，最传统的游戏收费模式无疑是"买断制"，即一次付费永久畅玩，可以追溯到上世纪的游戏机产业，载体为卡带或是光碟。随着互联网的发展，数字 下载版开始流行， ...

以下文章来源于野马财经 ，作者野马财经 野马财经 . 关注资本市场、金融市场、新经济发展和商业创新 来源：野马财经 作者：高岩 编辑：于婞 不到2个月时间，"商家巨擘"史玉柱已经2次因为旗下公司股权被冻结或执行上了媒体头条！ 上一次是今年5月份，巨人投资因受"泛海系"卢志强的牵连，和卢志强曾任实控人的公司 紫晶 置业一 道被执行4.9亿余元，执行法院为北京金融法院，立案日期为2025年5月6日。 这一次，是2025年6月25日，史玉柱名下的巨人投资所持广西北部湾银行价值2.77亿元的股 权遭冻结，期限长达三年。巨人投资是该银行的第二大股东，后续如果案件涉及执行，可能会 导致广西北部湾银行股东生变。而根据执行案号（2022）沪01执1503号来判断，这是一个 2022年判决的债务纠纷进入了执行阶段。 截至目前，史玉柱及巨人投资、巨人网络均未就股权遭冻结一事做出回应。 这里插播一条课程资讯： 报名 黑马 「消费重构精选课」， 国内首场，汇聚中日消费领域顶尖实战派导师 ， 用 3天时 间沉浸式拆解中日消费巨头方法论。 我们邀请到了日本企业家 三浦展本人、 萨莉亚前社长、明治食品"爆款教父" ，现场面授 日 本30年 ...

Core Insights - The mobile gaming market in China is experiencing significant growth, with mobile game revenue expected to increase by 5.01% year-on-year in 2024, while mini-program games are projected to grow by an impressive 99.18% [1][3][10] - Major platforms like WeChat and Douyin are leading in mini-game user engagement, with WeChat's mini-games reaching over 500 million monthly active users [8][11] - The competition among game developers is intensifying, with traditional game companies increasingly entering the mini-game space to leverage their existing IPs and resources [14][16] Market Growth - The mini-game market is predicted to reach a scale of 61 billion by 2025, driven by the increasing popularity of lightweight, easily accessible games [1][3] - Mini-games are attracting a diverse range of developers, including those previously focused on app or PC games, creating a vibrant market ecosystem [3][6] Platform Strategies - WeChat and Douyin are focusing on retaining users and increasing traffic through mini-games, with both platforms hosting industry events to showcase their ecosystems [4][6] - WeChat's mini-game platform was launched in 2017, and it has since become a fertile ground for developers, benefiting from its social networking capabilities [8][20] User Engagement - Users on WeChat engage with an average of six mini-games monthly, with daily online time increasing by 10% year-on-year [8] - Douyin's mini-games have seen a 130% growth rate, with strong retention and monetization metrics [10][11] Developer Competition - Approximately 70% of listed gaming companies have entered the mini-game sector, leveraging their technological and resource advantages [14][16] - Major gaming companies are increasingly investing in marketing for mini-games, with daily advertising expenditures surpassing those for traditional mobile games [16][18] Monetization Strategies - Mini-games utilize various monetization models, including advertising, in-app purchases, and hybrid models, which are proving effective for traditional game companies [14][23] - The success of mini-games like "Jump Jump" and "Sheep Got Sheep" demonstrates the potential for high returns on low initial investments [20][23] Ecosystem Development - The competitive landscape is evolving, with platforms like Alipay and Meituan also entering the mini-game space, although their focus remains more supplementary compared to WeChat and Douyin [10][11] - The interconnectivity between platforms is being explored, with Douyin allowing links to WeChat mini-games, promoting a collaborative growth environment [26][27]

Core Viewpoint - The article discusses the recent freezing of shares worth over 3.9 billion yuan belonging to Shi Yuzhu, a prominent figure in the business world, due to his personal guarantees for loans related to his companies and associates [2][23]. Group 1: Share Freezing Events - Shi Yuzhu's shares in Giant Investment were frozen twice in less than two months, first for over 490 million yuan in May 2025 and then for 277 million yuan in June 2025 [3][4]. - The recent freezing of shares is linked to a debt dispute from 2022, indicating ongoing legal challenges for Shi Yuzhu and potential changes in shareholder structure at Guangxi Beibu Gulf Bank, where Giant Investment is the second-largest shareholder [3][6]. Group 2: Personal Guarantees and Financial Impact - Shi Yuzhu has been involved in multiple personal guarantees, including a notable case where he guaranteed 990 million yuan in principal and 130 million yuan in interest for a loan related to a company controlled by Lu Zhiyuan [5][8]. - The total amount of frozen shares related to Shi Yuzhu has exceeded 3.9 billion yuan, with significant amounts frozen in companies he has managed, including 3.076 billion yuan in Minsheng Investment and 128.81 million yuan in Sitong Juguang [16][23]. Group 3: Company Response and Market Reaction - Representatives from Giant Network have stated that the forced execution is a personal matter for Shi Yuzhu and will not affect the listed company [6][9]. - Despite the negative publicity surrounding the share freezes, the stock price of Giant Network has not been significantly impacted, indicating some resilience in the market [24]. Group 4: Business Strategy and Future Outlook - Following the financial turmoil, Shi Yuzhu returned to focus on game development, which has shown positive results, with Giant Network reporting a revenue of 2.923 billion yuan in 2024, a slight decrease of 0.05%, but a net profit increase of 31.15% [17][19]. - The company has successfully launched new game versions, attracting millions of new users and generating significant revenue, suggesting a potential recovery in its core business [19].

Core Insights - The Chinese gaming market has shown steady growth, with record-high sales revenue and user scale in 2024, reaching 3257.83 billion yuan, a year-on-year increase of 7.53% [1][7] - Established games are maintaining strong performance, contributing significantly to revenue stability for gaming companies, with strategies focusing on extending the lifecycle of classic titles [2][3] Industry Trends - The trend of revitalizing classic games is evident, with companies like Century Huatong reporting over 70% revenue growth and a 290% increase in net profit, largely driven by the performance of legacy titles [2] - The gaming market is characterized by rapid iteration, especially in mobile gaming, where competition is fierce, yet classic games are increasingly dominating revenue charts [2][3] Company Strategies - Companies are adopting a dual strategy of maintaining long-term operations for established products while simultaneously developing new titles to drive growth [7][8] - Century Huatong has invested over 5 billion yuan in R&D over three years to enhance game content and meet user demands for new experiences [8] - Giant Network emphasizes the importance of version updates and user engagement to sustain the longevity of its flagship games like "Journey" and "Ball Battle" [4][5] Market Performance - The gaming market's revenue growth is supported by both established and new products, with notable performances from titles launched in the previous year [7] - The success of classic games like "Honor of Kings" and "Journey" demonstrates the potential for long-term profitability in the gaming sector [3][4]

2025 年 06 月 27 日 开源晨会 0627 ——晨会纪要 沪深300 及创业板指数近1年走势 数据来源：聚源 -16% 0% 16% 32% 48% 64% 2024-06 2024-10 2025-02 沪深300 创业板指 昨日涨跌幅前五行业 | 行业名称 | 涨跌幅(%) | | --- | --- | | 银行 | 1.01 | | 通信 | 0.773 | | 国防军工 | 0.552 | | 社会服务 | 0.423 | | 石油石化 | 0.273 | | 数据来源：聚源 | | 昨日涨跌幅后五行业 | 行业名称 | 涨跌幅(%) | | --- | --- | | 汽车 | -1.374 | | 非银金融 | -1.199 | | 医药生物 | -1.046 | | 美容护理 | -1.037 | | 钢铁 | -0.756 | 数据来源：聚源 wumengdi@kysec.cn 证书编号：S0790521070001 观点精粹 行业公司 【非银金融】券商中报向好叠加公募欠配，看好板块机会——行业点评报告 -20250625 综上，提经济、稳股市政策态度延续，货币政策适度宽松，证券行 ...

Core Viewpoint - The stock price of Giant Network has surged by 29.43% over six trading days, reaching a two-year high, driven by expectations of AI technology integration in gaming and improved industry policies [2][3]. Group 1: Company Performance - Giant Network's stock rose by 7.50% on June 16, closing at 20.92 yuan per share, with significant capital inflow and increased financing balance indicating strong market confidence [2][3]. - The company has established an AI laboratory with over 100 personnel, applying generative AI to enhance game development processes, which is expected to improve operational efficiency [3][6]. Group 2: Industry Trends - The gaming industry is experiencing a policy environment improvement, with a 20% increase in the number of approved game licenses in May, boosting market confidence and product launch expectations [4]. - AI technology is anticipated to reduce game development costs by over 30%, enhancing the return on investment for gaming projects, positioning companies with AI advantages for higher market premiums [3][4]. Group 3: Market Dynamics - The influx of capital into high-performing growth stocks is evident, with a 34% increase in financing balance for Giant Network over the past three months, reflecting investor optimism about future stock price increases [3][8]. - The upcoming summer season is expected to drive demand in the gaming sector, with major titles like "Honor of Kings" and "Honkai: Star Rail" leading the charge [4][8]. Group 4: Ecosystem Support - Chongqing's development of a digital economy ecosystem, including digital content and AI, provides a supportive environment for digital entertainment companies [5][7]. - Collaborations with local tech firms, such as the partnership with China Electronics Technology Group for AI chip solutions, enhance Giant Network's capabilities in AI application [6][7].

下面我们来看下龙虎榜情况： 6月12日，A股主要指数小幅震荡，全市场超2800股下跌。市场热点聚焦IP经济、贵金属、创新药、宠物经济板块。 连板股方面，易明医药晋级7连板。IP经济概念再度走强，IP经济叠加稳定币概念的元隆雅图10天6板，IP经济叠加足球概念的粤传媒4连板。 | 代码 | 名称 | 活候唱 | 现价 几天几板� | 涨停分析 | | --- | --- | --- | --- | --- | | 200328 | ST联合 | +5.04% | 7.71 11连板 | 重大资产重组+包装饮用水+ | | 002199 | *ST东晶 | +5.01% | 8.39 8连板 | 实控人变更+ST板块+石英晶 | | 002826 | 易明医药 | +10.01% | 23.73 7连板 | 控制权变更+糖尿病自伤药+ | | 002878 | 元屋雅图 | +10.00% | 22.66 10天6板 | 泡泡玛特合作+IP文创+数字 | | 603093 | 南华期货 | +10.02% | 22.61 8天5板 | 期货经纪+风险管理+H股上i | | 002485 | ST雪发 | +5.0 ...

来源：环球网 【环球网互娱综合报道】6月9日消息，近日，2025征途嘉年华线下盛典圆满落幕，征途全系玩家受邀前 往位于上海·巨人网络＆广富林文化公园的双会场，开启黄金城，掀起狂欢帷幕。 在经过策划面对面、欢乐游园、品鉴美食、互动游戏、解锁福利等一系列行程后，玩家们来到广富林文 化交流中心主会场，开启紧张刺激的冲星之王争霸赛，历经上下半场的海选赛以及淘汰赛角逐，两位玩 家晋级总决赛，而其余玩家也都根据自身排名，解锁了多份实物奖励奖池，迎来了超级福利大丰收。 同时，史玉柱也对征途IP提出了一些期望：希望征途IP能够活得更好、更加滋润。为了让征途IP更长远 地发展，史玉柱提出了唯一的原则及诀窍——尊重玩家。对此，史玉柱对研发团队提出了三点要求：第 一，要多听取玩家意见；第二，要注重游戏性，不要过于重视收入，收入一定是排在游戏性之后的；第 三，开发功能需要继续秉持让游戏变得更加"好玩、会玩"的理念。 史玉柱也表示"希望征途IP一年比一年做得好，未来能做得更好，只要我们能尊重玩家，我们一定再能 活20年，希望玩家们向策划团队继续多提意见。" 会上，史玉柱与征途赛道IP负责人赵剑枫、全系制作人为各位玩家举杯共庆，共饮此杯 ...

近日，巨人网络董事长史玉柱在2025年"征途嘉年华"上表示，《征途》游戏上线运营20年的唯一诀窍是 尊重玩家。他表示，未来将会更多地听取玩家的意见，重视游戏性和开发新的功能。《征途》是巨人网 络第一款自主研发的网络游戏。 NO.1 史玉柱：《征途》系列长线运营的诀窍是尊重玩家 点评：巨人网络史玉柱强调尊重玩家、重视游戏性，这体现了公司对核心用户和产品品质的持续关注。 这种长期主义策略，可能引导市场对其老牌IP（具有商业价值的创意内容或品牌）《征途》系列未来表 现及公司战略稳定性进行重新评估。 ｜2025年6月9日星期一｜ NO.3 经典游戏《黄金矿工：经典版》登陆Steam商店 6月8日，经典游戏《黄金矿工：经典版》登陆游戏平台Steam商店。根据商店页面，本作当前仅支持英 文，发行日期待定。本次游戏将深受玩家喜爱的2003年互联网经典游戏带给现代玩家，同时引入了新内 容与增强功能。 点评：《黄金矿工：经典版》登陆Steam，将老IP引入新平台并加入新内容，此举可能引发市场对经典 游戏IP二次开发价值及变现能力的关注。市场或会评估此类怀旧向产品对发行商营收结构及用户黏性的 影响。 NO.2 国产ARPG《明末 ...