今年6月份，恺英网络举办"BEYOND GAMING"AI科技与IP生态发布会，重磅推出专为游戏行业打造的 《SOON》AI全流程开发平台。区别于传统辅助办公类AI工具，可通过一句话需求生成完整可玩的游 戏，实现从需求输入到游戏成品的端到端交付。这一突破将传统游戏开发周期从原本的数月大幅缩短至 小时级，不仅显著提升了开发效率，还极大地降低了开发成本。 具体来看，《SOON》将游戏生成拆分为美术资产、代码创作、数值设计三大核心要素，通过AI智能体 分工协作完成各模块生成。同时还引入"游戏预设师"角色，由专业用户提供玩法模板，普通用户通过简 单发布指令即可实现游戏创作，形成双边用户生态。对于整个游戏行业来说，通过《SOON》这种整合 各游戏设计环节的平台运作形式，游戏预设师可专注于游戏玩法设计环节，无需涉足运营等领域，大幅 降低了创作压力。目前，《SOON》已经成功收获比高集团、横店资本等战略投资。 恺英网络（002517）8月30日披露2025年半年报。数据显示，公司上半年实现营收25.78亿元，同比增长 0.89%；归母净利润9.50亿元，同比增长17.41%。在行业整体回暖、全球化布局与AI创新加速的背景 ...

Core Viewpoint - The company reported a revenue of 2.578 billion yuan and a net profit of 950 million yuan for the first half of 2025, indicating a year-on-year growth of 0.89% and 17.41% respectively, amidst a recovering industry and accelerated AI innovation [1] Group 1: Business Performance - The company's overseas revenue reached 202 million yuan, showing a significant year-on-year increase of 59.57% [2] - The company launched several new products, including "Dragon Valley World," "Digimon: Source Code," and "Hot Blood Jianghu: Return," which have received positive market responses [2] - The company plans to expand the promotion of games like "Monster Alliance" and "OVERLORD" in the overseas market, targeting new growth opportunities in Europe and America [2] Group 2: AI Applications - AI technology has been deeply integrated into game development, significantly enhancing production efficiency and flexibility [3] - The company developed "SOON," a game generation tool that can create playable games from simple text prompts, reducing development time from months to hours [3] - The company is also launching AI companion products targeting emotional needs of users aged 12-35, with the brand "Warm Star Valley Dream Journey" expected to launch this year [3] Group 3: Investment and Shareholder Returns - The company announced a share buyback plan of 100 million to 200 million yuan, continuing its trend of returning value to shareholders [6] - Since 2019, the company has repurchased over 600 million yuan worth of shares and has distributed a total of 1.212 billion yuan in cash dividends [6] - The controlling shareholder and executives have committed to reinvesting their dividends into the company's shares, with over 130 million yuan already reinvested since 2024 [6]

Core Viewpoint - Kaiying Network has reported a steady growth in revenue and net profit for the first half of 2025, leveraging its strong IP reserves and technological innovations to expand its global operations [1] Group 1: Financial Performance - In the first half of 2025, Kaiying Network achieved a revenue of 2.578 billion yuan, representing a year-on-year increase of 0.89% [1] - The net profit attributable to shareholders reached 950 million yuan, showing a year-on-year growth of 17.41% [1] - Overseas revenue for the first half of 2025 was 202 million yuan, marking a significant year-on-year increase of 59.57% [1] Group 2: Market Strategy - The company is focusing on expanding its presence in the overseas markets, particularly in the US, Japan, and South Korea, which collectively account for over 55% of the self-developed game overseas market revenue [1] - Kaiying Network plans to continue its growth trend in the second half of the year by consolidating its market base in Japan and Southeast Asia while gradually exploring the European and American markets [1] Group 3: Product Development and Innovation - The company has launched several new game products utilizing its self-developed and licensed IP advantages, achieving notable success [1] - AI technology has been deeply integrated into game development and application, serving as a key driver for industry upgrades [1] - Kaiying Network is developing an independent game generation tool called "SOON," which is currently in internal testing and has attracted strategic investments [2] - The company is also introducing a series of AI companion products under the "AI+IP" initiative, including a 3D AI intelligent companion application [2] Group 4: Strategic Partnerships and Ecosystem - Kaiying Network has invested in DPVR, which has launched its first AI glasses product, enhancing the company's strategic extension into the AI and hardware ecosystem [3] - Analysts note that with the gradual implementation of AI applications, Kaiying Network is expanding its business boundaries beyond traditional gaming, building a new ecological moat characterized by "technological barriers + diverse scenarios" [3]

近年来，AI概念火热，多场景的适用也为不同行业带来更多想象空间。中航证券近日亦发布研报称， 政策持续加码、行业景气回升与AI落地加速，正构成游戏板块的三重驱动，AI深度赋能研发与运营， 将推动降本增效与体验升级并进。通过恺英网络在AI领域的一系列拓展也不难看出，公司除核心游戏 业务之外，也在着重布局多元化战略拓展，聚焦"AI+IP"两大重要业务模块。 此外，恺英网络投资企业自然选择开发的全球首款 3D EVE AI 智能陪伴应用也正式内测。该应用依托 自研多模态交互系统及 Vibe、Echo 大模型，致力于构建长期深度的虚拟情感连接。其独特的 "现实世 界感知模块" 可依据用户的现实生活场景提供同步陪伴，力图实现 "电影级虚拟陪伴"。据市场测试反 馈，已有部分用户率先实现了"奶茶配送"、专属歌曲制作等真实服务，虚实结合理念进一步得到体现， 用户有望获得更加沉浸式、真实感强的虚拟陪伴体验，进一步拓展了 AI 在情感陪伴领域的应用边界。 恺英网络在 AI 硬件领域的布局也取得重要进展。由其投资企业 DPVR 推出的首款 DPVR AI Glasses 在 发布会上正式亮相。这款产品配备了 EIS 电子防抖、HDR ...

Core Insights - The technology industry is calling for a wearable revolution, with smart glasses expected to become a significant accessory after smartphones, as evidenced by a projected shipment of 12.05 million units globally by 2025, reflecting an 18.3% year-on-year growth [1] Group 1: Technological Breakthroughs - DPVR AI Glasses feature EIS electronic stabilization technology, effectively eliminating image shake during activities like running and cycling, ensuring smooth recording [2] - The glasses incorporate distortion correction algorithms to address the "fisheye effect" of traditional wide-angle lenses, enhancing image clarity and overall coherence for first-person vlogging [2] - HDR dynamic range correction technology allows the glasses to adapt to complex lighting conditions, preserving details in both bright and dark areas, resulting in high-quality images [4] Group 2: Scene Innovation - The design of DPVR AI Glasses emphasizes lightweight materials and structural optimization, enhancing user comfort and increasing wear time across various scenarios, from business meetings to casual outings [5] - The glasses plan to integrate with Baidu's intelligent cloud platform, transforming from a mere recording device into a comprehensive smart assistant capable of real-time transcription and personalized adjustments based on environmental conditions [5] Group 3: Industry Positioning - DPVR has accumulated over 200 core patents in the VR/AR field and has received accolades such as the German iF Design Award, showcasing its commitment to innovation and quality [6] - The upcoming DPVR AI Glasses, set to launch in the second half of 2025, aim to redefine the boundaries between technology and daily life, leading the industry from hardware competition to ecosystem competition [9]

在浦东新区迎来开发开放35周年的重要节点，一部名为《聚焦引领区》的专题影像作品重磅推出，系统 梳理了该区域在智能穿戴领域的突破性成果。这部纪录片特别提及大朋的创新实践，称赞其"为浦东的 智能穿戴产业在全球赢得了声誉"。如今深耕硬件研发十余载的大朋（DPVR），通过在智能穿戴设备 配套技术领域持续突破，已为其进军AI终端赛道构筑了独特的技术护城河。 突破成像边界的技术革新 大朋即将推出的AI眼镜DPVR AI Glasses为带给消费者更完美的拍摄体验，在光学设计、正畸等方面做 出了诸多技术尝试，效果显著。举例来说，DPVR AI Glasses通过多维度光学模组调校技术，在硬件设 计阶段即实现畸变预补偿。配合自适应图像引擎的实时修正，形成软硬协同的校正体系。 该方案使建筑轮廓的线性畸变得到显著改善，边缘拉伸变形量大幅减少，成功解决了传统方案常见 的"桶形畸变"问题，在拍摄城市天际线时能精准还原黄金分割比例，为专业摄影与日常记录提供可靠保 障。 智能影像系统的三重进化 相较于传统方案，该设备在动态影像捕捉领域实现跨越式提升。其自主研发的防抖系统突破常规电子防 抖的裁切局限，通过MEMS微机电系统与AI运动预测算 ...