Industry trends & Company News
State Administration of radio and television: strengthen the management of online audio-visual program platform game live broadcast
Huawei’s real-life game interaction patent is announced, which can improve the authenticity of the game
Meta plans to extract the cost of virtual assets from its meta universe project
Important announcements of listed companies
People.Cn Co.Ltd(603000) : performance report for 2021
Chinese Universe Publishing And Media Group Co.Ltd(600373) : performance report for 2021
Investment advice
This week, the performance of the culture and media industry was in the doldrums, the overall stocks of the industry showed a callback market, and the performance of the meta universe concept sector was repeated. Affected by the recovery of the game version number, some stocks in the game sector were active. This week, we continue to suggest that the central line pay attention to the driving effect of the theme of meta universe on the industry. At present, it is in the early stage of concept development. It is suggested to pay attention to the continuous release of China’s policies and the latest layout of industry leaders. Second, we suggest to pay attention to the leading companies with excellent performance in the annual report of 21 years and the first quarter report of 22 years. The short-term operation of some companies fluctuated slightly due to the epidemic. The current valuation is at a historically low position, and the investment value from the long-term perspective has not changed. Third, the resumption of the distribution of game version numbers will boost the mood of the game sector to a certain extent. It is suggested to pay attention to the relevant leaders of the game industry, and the competition pattern of the industry’s strong and constant will continue. To sum up, we continue to maintain the “optimistic” investment rating of the media industry and recommend Focus Media Information Technology Co.Ltd(002027) ( Focus Media Information Technology Co.Ltd(002027) ), Guangzhou Jinyi Media Corporation(002905) ( Guangzhou Jinyi Media Corporation(002905) ), G-Bits Network Technology(Xiamen)Co.Ltd(603444) ( G-Bits Network Technology(Xiamen)Co.Ltd(603444) ), Wasu Media Holding Co.Ltd(000156) ( Wasu Media Holding Co.Ltd(000156) ), China Film Co.Ltd(600977) ( China Film Co.Ltd(600977) ).
Risk tips
Macroeconomic downturn; Major policy changes in the industry; Industry demand does not meet expectations; The progress of state-owned enterprise reform did not meet expectations, and the black swan incident continued to have an impact.
