Key investment points
Market review: this week, the performance of the media sector was average, down 2.36%, underperforming the gem by about 3.34 percentage points (the gem index rose 0.98%); Underperformed the market by about 2.43 percentage points (CSI 300 rose 0.07%).
Industry segments: (1) game index underperformed the market: CITIC game index (ci005577) fell 0.62%, 0.69% lower than CSI 300 index. (2) The advertising index underperformed the market: the CITIC advertising index (ci005847) fell 2.17%, 2.24% lower than the CSI 300 index. (3) The sports index underperformed the market: the CSI sports index (399804) fell 3.41%, 3.48% lower than the CSI 300 index. (4) Hang Seng Education Co., Ltd. wins the A-share index of Shanghai and Shenzhen Education Co., Ltd. CITIC education index (ci005816) rose 1.12%, outperforming CSI 300 index by 1.05%. The Hong Kong stock education index (887671) fell 2.75%, outperforming the Hang Seng Index by 0.57%.
On the 14th, the Central Committee of the Communist Party of China held a “research and analysis meeting on the current situation of film and television economy” on April 29. The meeting proposed to promote the healthy development of the platform economy, complete the special rectification of the platform economy, implement normalized supervision, and introduce specific measures to support the standardized and healthy development of the platform economy. (2) The film “Deng Xiaoping’s trail” moved Chinese and foreign audiences and won the bronze Remy award at the Houston International Film Festival. On April 26, the official website of the 55th Houston International Film Festival announced that the film “Deng Xiaoping trail” won the bronze Remy award, which was once again favored by the International Film Festival after being nominated for five awards at the nice International Film Festival in France, further confirming the excellent quality of the film.
Game: (1) Kingnet Network Co.Ltd(002517) released the annual report of 2021 and the report of the first quarter of 2022. In 2021, Kingnet Network Co.Ltd(002517) operating revenue was 2.375 billion yuan, with a year-on-year increase of 53.92%. In the first quarter of 2022, the Kingnet Network Co.Ltd(002517) operating revenue was 1.029 billion yuan, and the revenue value was close to half of the total revenue in 2021, with a year-on-year increase of 129.73%. (2) Art meta universe community “meta other shore” landing adventure VR. “Meta other shore” combines virtual and reality. Users can not only enjoy a large number of artistic works, but also cross the boundaries of time and space and interact with their favorite artists in real time.
Sports: (1) “national fitness online games” was officially launched to comprehensively promote the construction of a healthy China. The main competition area of this online games is set up on the official website of the State Administration of sports to deeply implement the national strategy of national fitness and comprehensively promote the construction of a healthy China. (2) Zhao Lun created a new milestone in baseball in Chinese Mainland, and was promoted to minor league 1a. Zhao Lun has recently successfully promoted to the 1A League, entered the Carolina catfish team subordinate to the brewers, and became the first player in the history of Chinese baseball to enter the 1A season.
Education: (1) Ministry of Education: cancel the misreading of Vocational and general education department. The implementation of “coordinated development of general vocational education” after compulsory education is definitely not to abolish secondary vocational education, but to change the idea of developing secondary vocational education and realize the basic turn of running secondary vocational education. (2) XRS online school boarded the “Science Lecture Hall” of China Aerospace day. XRS online school announced that the “XRS space program” will be comprehensively upgraded this year, launching the “aerospace curriculum matrix” and “deep Aerospace practice” to continue to help ignite the aerospace dream of teenagers.
Key investment points: it is recommended to pay attention to Mango Excellent Media Co.Ltd(300413) ( Mango Excellent Media Co.Ltd(300413) ).
Risk tip: media policy tightening risk; Risk of business integration or less than expected; New business development is less than expected risk; The content response is less than the expected risk.
