Core Viewpoint - Perfect World is facing significant challenges in its transition towards high-quality development, with projected revenue for 2023 between 5.5 billion to 5.6 billion yuan and a net loss of 1.1 billion to 1.3 billion yuan [1][2] Group 1: Business Performance - The company has experienced pressure on profits and is exploring business transformation and diversification beyond its traditional strengths [1] - The gaming industry is seeing increased competition, with rising user demand for high-quality content, leading to higher requirements for creativity and production capabilities [1] - The film and television sector is facing intense competition, particularly in the short drama market, while the long drama market is experiencing a "Matthew Effect" favoring top-tier productions [1] Group 2: Strategic Adjustments - In response to market challenges, the company is reassessing its operational strategies and product layouts, including project reviews and potential closures or scale reductions [2] - Key management personnel have been adjusted to strengthen the management chain for game development and film production [2] - The company plans to focus resources on more certain and advantageous projects while exploring new opportunities with smaller, lightweight investments [2] Group 3: New Product Launches - The new online game "Zhu Xian World" launched on December 19, 2024, generated over 400 million yuan in revenue within the first 30 days, with contributions expected to be reflected in future reports [2] - Other games like "Persona: Nightshade" and "Yihuan" are also in the pipeline, with positive feedback from testing phases, indicating potential for expanding user base and global outreach [2] Group 4: E-sports and Film Strategy - The company successfully hosted the 2024 Counter-Strike World Championship in Shanghai and aims to develop a multi-layered e-sports event system and diverse content matrix [3] - In the film sector, the company plans to reduce overall investment in film projects, control risks, and increase focus on short dramas to meet changing audience demands [3] Group 5: Industry Outlook - The entertainment industry shows strong growth potential, with significant room for improvement in quality compared to developed countries, driven by technological innovation and diverse market demands [3] - The company intends to enhance internal management and external investment strategies to improve profitability and achieve sustainable growth [3]

Financial Performance - The company expects a net loss attributable to shareholders for 2024 to be between 1.1 billion and 1.3 billion CNY, compared to a profit of 491.48 million CNY in the same period last year[3]. - The projected operating revenue for 2024 is estimated to be between 5.5 billion and 5.6 billion CNY, down from 7.79 billion CNY in the previous year[3]. - The gaming business is expected to incur a net loss of 650 million to 750 million CNY, primarily due to project closures and underperformance of several titles[9]. - The film and television segment anticipates a net loss of 300 million to 400 million CNY, driven by lower-than-expected sales prices and inventory impairment losses[14]. - The company has incurred a one-time rental loss of approximately 40 million CNY due to office space reductions as part of its cost-cutting measures[15]. - The overall performance in Q4 2024 is expected to show significant fluctuations compared to Q3, influenced by asset impairment decisions and project performance uncertainties[16]. Strategic Focus - The company plans to focus on a "quality over quantity" strategy in its film and television business, reducing overall investment while increasing efforts in the short drama segment[8]. - The company is focusing on a "quality over quantity" strategy in its film and television business, adjusting project investments based on user demand[18]. - The company is adjusting its management structure and optimizing teams to enhance operational efficiency and focus on more promising projects[7]. - The company is implementing refined management practices internally to enhance organizational efficiency and optimize reward systems[18]. - The company is actively improving its investment management system to control investment risks effectively[18]. Project Developments - The anticipated public test of the key game "Zhu Xian World" on December 19, 2024, is expected to contribute positively to future revenue, although initial marketing expenses will impact current financials[11]. - The MMORPG game "Zhu Xian World" was officially launched on December 19, 2024, generating over 400 million CNY in revenue within the first 30 days[17]. - The JRPG game "Persona: Nightfall Phantom" has received positive feedback after testing in select overseas regions and is being pushed for launch in those areas[17]. - The supernatural urban open-world RPG "Yihuan" had its first test in November 2024 and has been well-received by players, indicating potential for market expansion[17]. Asset Management - The company has identified and closed underperforming projects, leading to an estimated impairment loss of approximately 400 million CNY related to various game development projects[10]. - Asset impairment testing is ongoing, with final impairment amounts to be confirmed by the annual audit[19]. - Preliminary data will be detailed in the company's 2024 annual report, urging investors to make cautious decisions[19]. Event Management - The company successfully hosted the 2024 Counter-Strike World Championship in Shanghai, aiming to develop a multi-tiered esports event system[18].

3、公司本次实际回购时间区间为2024年1月9日至2024年12月27日。在回购 期内，公司通过回购专用证券账户以集中竞价交易方式累计回购股份10,162,000 股，占公司总股本的0.52%，最高成交价为11.98元/股，最低成交价为7.27元/股， 成交总金额为110,003,633元（不含交易费用）。符合公司既定的回购方案以及相 证券代码：002624 证券简称：完美世界 公告编号：2024-053 完美世界股份有限公司 关于股份回购完成暨股份变动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 完美世界股份有限公司（以下简称"公司"）于 2023 年 12 月 28 日召开公司 第五届董事会第二十二次会议审议通过《关于回购公司股份方案的议案》。公司 决定使用自有资金以集中竞价交易的方式回购公司股份用于股权激励或员工持 股计划。本次回购的股份种类为公司发行的 A 股社会公众股，回购资金总额不 超过人民币 2 亿元（含）且不低于人民币 1 亿元（含）。本次回购股份的价格不 超过人民币 19 元/股。回购期限自董事会审议通过之日起 12 个月内，具体回 ...

证券代码：002624 证券简称：完美世界 公告编号：2024-051 完美世界股份有限公司 第六届董事会第十次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 完美世界股份有限公司（以下简称"公司"）第六届董事会第十次会议于2024 年12月23日以现场和通讯相结合的方式召开。本次会议通知已于2024年12月18 日以电话、传真等方式发出，会议应出席董事5人，实际出席董事5人。本次会议 由董事长池宇峰先生主持。会议的召集、召开和表决程序符合《公司法》和《公 司章程》的有关规定。 二、董事会会议审议情况 会议审议通过了以下议案： Scopely, Inc.（以下简称"Scopely"）拟以3,450万美元购买公司全资子公司 上海完美时空软件有限公司（以下简称"完美时空"）旗下乘风工作室在研游戏 相关的资产及文档、电脑等办公设备。作为交易的一部分，该工作室包括主要核 心团队在内的大部分员工将从公司离职，另行设立一家新公司，进行新游戏的研 发，Scopely将投资该公司并持有少数股权。本次交易中，公司为完美时空提供 履约保证。 ...

证券代码：002624 证券简称：完美世界 公告编号：2024-052 （以下简称"Scopely"、"买方"）于 2024 年 12 月 23 日签订《资产购买协议》， Scopely 拟以 3,450 万美元购买完美时空旗下乘风工作室在研游戏相关的资产及 文档、电脑等办公设备。作为交易的一部分，该工作室包括主要核心团队在内的 大部分员工将从公司离职，另行设立一家新公司，进行新游戏的研发，Scopely 将 投资该公司并持有少数股权。 完美世界股份有限公司 关于出售资产的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次交易不构成关联交易，也不构成《上市公司重大资产重组管理办法》 所规定的重大资产重组。 2、本次交易在董事会权限范围之内，无需提交股东大会审议。 一、交易概述 1、本次交易的基本情况 完美世界股份有限公司（以下简称"公司"、"完美世界"）及全资子公司上 海完美时空软件有限公司（以下简称"完美时空"、"卖方"）与 Scopely, Inc. 2、交易履行的相关程序 2024 年 12 月 23 日，公司第六届董事会第十次会 ...

Group 1 - The CS 2024 Shanghai Major is a significant esports event, attracting 56 top teams globally and over 600 million online viewers, marking a record in scale and internationalization [1][2] - The event aims to showcase China's growing esports strength and lay a foundation for its future global presence, with 490 million esports users and sales exceeding 27.5 billion in 2024 [2][3] - The event is seen as a crucial moment for China's esports industry to expand its global reach, with a focus on cultural export and establishing an international esports system [3][4] Group 2 - Perfect World, the event organizer, has integrated cultural activities during the Major, such as city tours and cultural performances, to enhance the esports experience and promote Chinese culture [4][6] - Shanghai's hosting of the Major positions it as the first city to host three major international esports events, significantly benefiting its urban development and tourism [5][6] - The event attracted nearly 700 overseas participants and over 70,000 on-site viewers, with tickets selling out rapidly, indicating strong international interest [5][6] Group 3 - Perfect World has invested nearly two years in preparation for the Major, ensuring high international standards in venue selection, player reception, and live broadcasting [7][8] - The event features innovative VR viewing experiences and immersive stage designs to enhance audience engagement both on-site and online [7][8] - The global live streaming of the event covers multiple languages, showcasing Perfect World's extensive experience in organizing large-scale esports events [8]

Group 1 - A new company named Shanghai Perfect Youth Film and Television Co., Ltd. has been established with a registered capital of 3 million yuan [1] - The legal representative of the new company is Zeng Yingxue, and its business scope includes television program production, film distribution, and cultural entertainment services [1] - The company is wholly owned by Perfect World (002624) through its subsidiary Perfect World Film and Television Co., Ltd. [2]

具体详见刊登于巨潮资讯网 www.cninfo.com.cn 的相关公告。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号—回购股份》等相关规定，上市公司应当在每个月的前 3 个交易日内公告截 至上月末的回购进展情况。现将公司回购股份的进展情况公告如下： 截至2024年11月30日，公司通过集中竞价方式累计回购股份7,126,000股， 占公司总股本的 0.3673%，最高成交价为 11.98 元/股，最低成交价为 7.27 元/股， 成交总金额为 76,517,305 元（不含交易费用）。 公司回购股份的时间、回购股份数量、回购股份价格及集中竞价交易的委托 时段符合《深圳证券交易所上市公司自律监管指引第 9 号—回购股份》等相关法 律法规的要求和公司本次实施回购股份的既定方案，具体如下： 证券代码：002624 证券简称：完美世界 公告编号：2024-050 完美世界股份有限公司 关于回购股份进展的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 完美世界股份有限公司（以下简称"公司"）于 2023 年 12 月 28 日召开 ...

Industry Overview - The 3rd World Metaverse Conference opened in Wuhan on November 23, focusing on "AI + Communication: Promoting the Healthy Development of the Metaverse from Virtual to Real" [1] - The conference featured 6 thematic forums including intelligent healthcare, social governance, general intelligence, intelligent communication, multi-dimensional media, and culture & education [1] - Over 700 experts, scholars, and industry professionals from academia, media, and enterprises attended the conference [1] AI and Metaverse Integration - AI is a crucial component of the metaverse, providing support for virtual environment construction, intelligent interaction, and content generation [2] - The metaverse offers a vast stage and rich application scenarios for AI innovation and application [2] - AI systems in the metaverse can analyze user behavior patterns and preferences to enable personalized recommendations and enhance user experience [2] - AI technology allows virtual characters and objects in the metaverse to exhibit intelligent behaviors, including autonomous decision-making, learning, and environmental adaptation [2] Company Strategy and Applications - Perfect World Group is driving the integration of cultural industry and real economy through a "virtual-real resonance and digital-real fusion" development strategy [3] - The company's MMO game "Zhu Xian World" introduced an AI NPC system with independent thinking and decision-making capabilities [3] - Perfect World Esports is leveraging AR, VR, and MR technologies to create better tournament scenes and user experiences [3] - The company's new spy drama "Special Agent Mission" incorporates VR technology to create a cyberpunk-style immersive metaverse [3] Cultural and Technological Innovation - Perfect World is promoting digitalization of cultural heritage, such as integrating intangible cultural heritage "Lijia Lion" with AIGC technology in the mobile game "Dream New Zhu Xian" [4] - The company collaborated with Beijing Dongcheng District Culture and Tourism Bureau to host the 2023 "East of the Forbidden City" Perfect World Cultural and Creative Campus Design Competition [4] - Perfect World Culture has launched CityGame, a digital-real fusion immersive cultural experience, and is cultivating interdisciplinary talents with AIGC expertise [4] Technological Challenges and Future Development - Developing the metaverse requires addressing challenges such as immersion and low latency, driving advancements in AI, AR, VR, cloud computing, 5G, and 6G technologies [4] - The combination of general artificial intelligence and the metaverse will enable true integration of virtual and real worlds, fostering new cultural ecosystems, lifestyles, and business models [4]

Summary of Perfect World Conference Call Company Overview - The conference call discusses Perfect World, a gaming company focusing on both classic and emerging game genres, with a strong emphasis on their upcoming titles and internal management adjustments. Key Points Game Releases and Performance - **"Zhu Xian World"**: The game has shown impressive testing data with retention rates exceeding 80% for both day 2 and day 3, and a 7-day retention rate around 70%. It is set to officially launch on December 19, 2024, and is expected to significantly boost the company's performance next year [2][3]. - **"Yi Huan"**: A cross-platform open-world game using UE5, with its first test scheduled for November 28, 2024. It aims for global distribution and is anticipated to be a future growth driver for the company [2][3]. - **"Zhu Xian II"**: An integrated MMORPG that is currently undergoing adjustments after underwhelming second test results, with a projected launch next year [2][4]. - **"Let the Wild Man Fly"**: A lightweight idle game currently in overseas testing, with plans for simultaneous domestic and international launch next year [2][4]. - **"P5X"**: The game is set to launch in Japan and Europe next year, utilizing an overseas agency model to reduce costs and potentially increase market share [2][4]. Future Development Strategy - The company plans to focus on two main directions: leveraging classic IPs like the "Zhu Xian" series and exploring new areas such as the innovative open-world genre represented by "Yi Huan" [2][5]. - Continuous optimization of existing projects is emphasized to ensure stable revenue and enhance overall competitiveness [5]. Internal Management Adjustments - Perfect World is undergoing significant internal restructuring, reducing its workforce by approximately 1,500-1,600 employees and halting or closing several high-risk projects to improve management efficiency and certainty [2][6]. - The company aims to shift from a relaxed nurturing approach to a more stringent, detail-oriented management style [6]. Existing Game Performance - **PC Games**: The existing titles, particularly "Zhu Xian," are performing steadily with annual revenue around 500 million RMB. The CS game is expected to see significant revenue growth this year, building on last year's 800 million RMB [2][8][9]. - **Mobile Games**: Older mobile titles are experiencing a decline but are stabilizing. The overall trend for existing mobile games is expected to continue downward but at a more stable rate [9]. Dividend and Buyback Plans - The company is currently executing its existing buyback plan and will consider new regular buyback plans based on market demand and financial conditions. Future dividends will be assessed based on financial health and market conditions [11]. Relationship with Welfare - Perfect World maintains a solid relationship with Welfare, considering future collaborations for new game releases, although specific details are currently unclear [12]. Additional Insights - The company is strategically positioned to capitalize on both established franchises and new gaming trends, with a clear focus on enhancing operational efficiency and market responsiveness.