Honestly, it’s been a wild ride for Century Huatong, the gaming industry’s A-share market value leader. On November 10, the company announced that its application to remove other risk warnings had been approved by the Shenzhen Stock Exchange.
Here’s the deal – Century Huatong will suspend trading for one day on November 11 and resume trading on November 12, at which time the other risk warnings will be removed. The stock’s abbreviation will be changed back to “Century Huatong” from “ST Huatong”, and the stock code will remain “002602”. After the removal of other risk warnings, the daily price limit for the company’s stock will be changed from 5% to 10%.
As of the close of trading on November 10, ST Huatong’s stock price was 17.61 yuan per share, with a year-to-date gain of over 200%. The company’s market value was 130.8 billion yuan, ranking first among A-share gaming companies. That’s a pretty impressive comeback, if you ask me.
Earlier, on November 7, ST Huatong issued a formal announcement to apply for the removal of the “ST” label. The announcement stated that the company had restated its financial reports for the relevant years and had met the conditions for the removal of the “ST” label.
According to the company’s performance announcement on October 30, in the third quarter of 2025, the company achieved revenue of 10.016 billion yuan, up 60.19% year-on-year; net profit was 1.701 billion yuan, up 163.78% year-on-year; and non-net profit was 1.707 billion yuan, up 171.27% year-on-year.
This is also the tenth consecutive quarter of revenue growth for ST Huatong, and the first time the company’s quarterly revenue has exceeded 10 billion yuan. That’s a pretty big deal, if you ask me.
The company’s good performance is supported by its popular games. According to SensorTower’s November 7 report, Century Huatong’s subsidiary, DianDian Interactive, ranked second in the global revenue ranking of Chinese mobile game publishers in October, behind only 该厂商.
SensorTower’s data shows that DianDian Interactive’s game “Whiteout Survival” has been the top-grossing Chinese mobile game overseas for 15 consecutive months. As of September, the game’s global revenue has exceeded $3.5 billion (approximately 24.9 billion yuan). Another game, “Kingshot”, has generated over $400 million (approximately 2.8 billion yuan) in global revenue since its launch in February, ranking second in the overseas revenue ranking in September.
In November 2024, Century Huatong received an administrative penalty decision from the China Securities Regulatory Commission, which imposed other risk warnings on the company due to false accounting records and other issues. The company’s stock abbreviation was changed to “ST Huatong” from “Century Huatong”. The violations included improper impairment testing of goodwill and fictitious software copyright transactions. But it looks like the company has turned things around since then.
