智通财经APP获悉，东吴证券发布研报称，预期网龙(00777)2025–2027年归母净利润分别为4.0/6.7/6.8亿 元，当前市值对应PE分别为13.6/8.1/8.0倍。SOTP估值法下，公司目标市值85.0亿人民币，对应港股目 标价17.59港元/股。该行看好公司存量游戏稳健运营，教育业务受益设备更新周期，AI全面赋能游戏教 育，多元投资贡献业绩增量。首次覆盖，给予"买入"评级。 东吴证券主要观点如下： 游戏：长青IP构筑基本盘，AI赋能助力降本增效 教育：教育互动显示设备龙头，AI+SaaS开启转型新周期 子公司Mynd.ai为全球教育互动显示设备龙头，其中2016-2024年普罗米休斯累计销量达137万台，2024 年全球存量设备市场市占率近16%位居全球第一，覆盖全球100万间以上教室。考虑北美2020–2021年疫 情高峰期采购的教育设备陆续到期，下一轮替换周期渐进，长期市场空间广阔。2025H1公司SaaS生态 初步成型，Explain Everything延续增长趋势，公司通过收购Merlyn Mind引入AI语音助手提升用户对硬 件的语音控制能力并实现软件端的教学资源库与SaaS工具联 ...

Accessibility StatementSkip Navigation SEATTLE, Dec. 2, 2025 /PRNewswire/ -- Mynd.ai, Inc ("Mynd" or the Company) (NYSE American: MYND) through its subsidiary, Promethean, a leading global tech company, today announced the formalization of new distribution agreement with TD SYNNEX and the enhancement of its existing relationship with Midwich US. These strategic partnerships mark a significant advancement in Promethean's go-to-market (GTM) strategy in the United States. TD SYNNEX, a leading global distributo ...

网龙（00777.HK） AI 赋能游戏教育，多元投资增厚业绩 2025 年 12 月 02 日 买入（首次） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 7,101 | 6,047 | 4,641 | 4,932 | 5,267 | | 同比(%) | (9.73) | (14.84) | (23.25) | 6.27 | 6.79 | | 归母净利润（百万元） | 550.00 | 311.00 | 401.28 | 674.49 | 682.41 | | 同比(%) | (34.05) | (43.45) | 29.03 | 68.09 | 1.17 | | EPS-最新摊薄（元/股） | 1.04 | 0.59 | 0.76 | 1.27 | 1.28 | | P/E（现价&最新摊薄） | 9.89 | 17.50 | 13.56 | 8.07 | 7.97 | 证券研究报告·海外公司深度·软件服务(HS) [Ta ...

Core Insights - Mynd.ai, through its subsidiary Promethean, is launching an AI-powered integration with Augment Me Inc. within the Explain Everything platform, set for release in December 2025, enhancing educational experiences with real-time insights and personalized support [1][2][4]. Product Features - The integration will transform traditional digital whiteboarding into a dynamic learning experience, providing educators with near real-time insights into student engagement and cognitive readiness without additional logins or setup [2][6]. - Key features include actionable recommendations for improved focus and well-being, adaptive feedback tailored to each session, and seamless integration within the Explain Everything platform [6][4]. Strategic Vision - The launch exemplifies Promethean's strategic vision to enhance customer value and enrich learning experiences, positioning Mynd.ai at the forefront of educational transformation [3][5]. - Promethean aims to provide intuitive tools that save educators time, deepen insights, and foster meaningful student engagement [5][4].

Core Insights - Mynd.ai, Inc. announced a strategic partnership with Augment Me Inc. to enhance cognitive performance and engagement in educational environments through AI solutions [1][3] Group 1: Strategic Partnership - The collaboration aims to integrate AI-driven engagement and learning readiness tools into Promethean's software ecosystem, including Promethean ActivSuite™ and Explain Everything [2][3] - This partnership is positioned as a significant advancement in Promethean's capabilities to provide real-time insights and actionable recommendations for educators [3][4] Group 2: Company Background - Mynd.ai is a global leader in interactive technology, providing hardware and software solutions that facilitate dynamic content delivery and real-time collaboration in over 1 million learning spaces across 126 countries [5] - Promethean, a subsidiary of Mynd.ai, has been a trusted partner in education for over 25 years, offering award-winning AV technology and software solutions that enhance learning and collaboration [6]

Financial Performance - The company's revenue decreased by 27.9% year-over-year, totaling RMB 2,381 million in 1H25, compared to RMB 3,301 million in 1H24 [14] - Profit attributable to owners of the company decreased significantly by 92.5% year-over-year, from RMB 400 million in 1H24 to RMB 30 million in 1H25 [14] - Interim dividend per share increased by 25%, from HK$0.4 to HK$0.5 [14] Segmental Analysis - Gaming and Application Services revenue decreased by 18.1% year-over-year, amounting to RMB 1,738 million in 1H25, compared to RMB 2,121 million in 1H24 [14] - Mynd.ai revenue experienced a substantial decrease of 45.7% year-over-year, with revenue of RMB 641 million in 1H25 compared to RMB 1,180 million in 1H24 [14] - Research and Development expenses in Gaming and Application Services segment decreased by 26.7% year-over-year [11, 23] Strategic Initiatives - The company is comprehensively deploying an AI content factory, enhancing overall efficiency by 15% initially and aiming for 25% with full build-out [11, 23] - The company is focusing on high-quality content and cultural experiences to ensure the flagship IP Eudemons achieves evergreen growth [92] - The company plans to distribute no less than HKD 600 million to shareholders over the next 12 months through dividends and share repurchases [89]

Core Insights - Promethean, a leading global tech company, is expanding its ActivPanel display portfolio with the launch of two new displays, ActivPanel 10 and ActivPanel 10 Premium, to cater to diverse school and district needs [1][2][7] - The new product line aims to provide flexible solutions that integrate with various operating systems, ensuring compatibility with existing tech ecosystems [3][7] Product Overview - The ActivPanel 10 and ActivPanel 10 Premium are designed for advanced interactivity, offering best-in-class visuals and audio, and can integrate with Android, Chrome, Windows, or Mac operating systems [3][7] - The ActivPanel LE is an EDLA-certified interactive display featuring a built-in Android OS, aimed at providing reliable performance at a lower price point for Android-based schools [4] - The ActivPanel D-Series is a non-interactive digital signage solution that allows organizations to share messages instantly, pre-installed with Rise Vision and Radix for easy content management [5][8] Event Participation - Promethean will showcase its expanded product line at ISTELive 2025 in San Antonio, TX, from June 29 to July 2, providing product demonstrations and professional development sessions [1][6][7]

Core Insights - Promethean has partnered with Google to launch the Chromebox OPS, a device that enhances interactive flat panel displays by integrating ChromeOS [1][2] - The Chromebox OPS simplifies the user experience for educators by providing a plug-in solution that eliminates the need for complex cabling and additional steps to access content [2][5] - This partnership aims to extend the lifecycle of existing hardware, allowing users to upgrade or replace the compute device as technology advances without needing to update the entire panel [2][5] Product Features - The Chromebox OPS allows IT administrators to install ChromeOS and Promethean ActivSuite™ apps for easy access to various educational tools [3] - The device offers automatic updates and built-in virus protection, managed through the Google Admin console [3] - The ChromeOS Experience Center in San Jose showcases the Chromebox OPS alongside the ActivPanel 10, promoting tech innovation and customer engagement [4] Market Engagement - Educators can experience the Chromebox OPS and ActivPanel 10 at ISTELive 25 in San Antonio, TX, from June 29 to July 2 [5] - Promethean emphasizes its commitment to creating user-friendly and maintainable products through collaboration with Google [5] - With over 25 years in the industry, Promethean positions itself as a key player in digital transformation for educational institutions [5][7]