游戏白酒CDMO氯碱行业分析

明远投研2025-08-28

研报解析：首先来看游戏行业。今年8月国产游戏版号发放数量创下历史新高，达到166款，今年以来已累计发放1050个版号，远超去年同期。高频数据持续向好，中报业绩普遍超预期，三季度暑期旺季带动行业景气度持续提升。腾讯《三角洲行动》日活跃用户突破2000万，网易《梦幻西游》在线玩家数也创历史新高。可关注恺英网络、巨人网络、星辉娱乐、完美世界等标的。再来看白酒板块。当前白酒股估值处于明显底部，具备资产定价...

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