Investment Rating - The report maintains a "Recommended" rating for the industry, indicating a positive outlook for the sector's fundamentals and expectations for the industry index to outperform the benchmark index [3][9]. Core Insights - In January 2026, the National Press and Publication Administration issued a total of 182 game licenses, significantly exceeding the average of 148 licenses per month in 2025. This includes 177 domestic licenses and 5 imported licenses, with a notable focus on mobile games [1][7]. - The issuance of game licenses has shown a consistent increase, with 1,306 domestic licenses and 110 imported licenses issued in 2024, and 1,676 domestic licenses and 95 imported licenses in 2025. The trend is expected to continue in 2026 [7]. - Key games that received approval include titles from major companies such as NetEase, Tencent, and Giant Network, indicating strong performance and potential for revenue growth in the gaming sector [7]. Industry Overview - The industry comprises 160 listed companies with a total market capitalization of 2,251.6 billion and a circulating market value of 2,071.2 billion [3]. - The absolute performance of the industry over 1 month, 6 months, and 12 months is 15.4%, 19.2%, and 36.0% respectively, while the relative performance is 12.9%, 4.7%, and 11.5% [5]. - The report highlights several companies with strong prospects, including Tencent, Giant Network, and others, which are expected to benefit from ongoing game releases and international expansion [7].

| 序号 | 名称 | 申报类别 | 出版单位 | 运营单位 | | --- | --- | --- | --- | --- | | 1 | 彩虹六号: 攻势 | 客户端 | 华东师范大学电子音 上海纳原信息技术 | | | | | | 像出版社有限公司 | 限公司 | | 2 | 彩虹岛:爱丽丝之境 | 移动 | 四川数字出版传媒有 | 上海述心网络科技 | | | | | 限公司 | 限公司 | | 3 | 愤怒的小鸟：经典归 | 移动 | 成都金山数字娱乐科 | 成都金山世游卓立 | | | 来 | | 技有限公司 | 技有限公司 | | র্য | 愤怒的小鸟：梦幻爆 | 移动 | 成都金山数字娱乐科 | 成都金山世游卓立 | | | 破 | | 技有限公司 | 技有限公司 | | 5 | 秘境夺金 | 移动 | 上海科学技术文献出 | 上海冬瑞信息技术 | | | | | 版社有限公司 | 限公司 | 每经AI快讯，1月26日，国家新闻出版署公布2026年1月份进口网络游戏审批信息，共5款游戏获批。 ...

1月21日上午，《愤怒的小鸟》官方发文宣布重返中国市场，由金山世游独家发行并运营。随后，# 愤 怒的小鸟CEO感谢中国玩家#等话题登上微博热搜，引发热议。 Rovio首席执行官亚历山大·佩尔蒂埃-诺曼德表示："中国玩家长久以来的热情与期待始终是我们最强大 的动力源泉。"他还指出，中国玩家是最有创意的玩家。 据悉，此次《愤怒的小鸟：经典归来》在标志性弹弓玩法的基础上，推出全新魔法系统及国服独占的地 图编辑器"捣蛋工坊"实现全面升级。 1月21日上午，《愤怒的小鸟》官方发文宣布重返中国市场，由金山世游独家发行并运营。随后，# 愤 怒的小鸟CEO感谢中国玩家#等话题登上微博热搜，引发热议。 Rovio首席执行官亚历山大·佩尔蒂埃-诺曼德表示："中国玩家长久以来的热情与期待始终是我们最强大 的动力源泉。"他还指出，中国玩家是最有创意的玩家。 据悉，此次《愤怒的小鸟：经典归来》在标志性弹弓玩法的基础上，推出全新魔法系统及国服独占的地 图编辑器"捣蛋工坊"实现全面升级。 责任编辑：王翔 责任编辑：王翔 ...