新华文轩出版传媒股份有限公司 简式权益变动报告书 上市公司名称：新华文轩出版传媒股份有限公司 上市地点：上海证券交易所、香港联合交易所有限公司 股票简称：新华文轩 股票代码：SH:601811 HK:00811 信息披露义务人：四川文化产业投资集团有限责任公司 住所：四川省成都市青羊区槐树街 2 号 通讯地址：四川省成都市锦江区盐道街 3 号财富支点大厦 39 楼 股份变动性质：增加，无偿划转受让股权 签署日期：2024 年 6 月 28 日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》《中华人民共和国证券 法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》及其他相关法律、法规和规范性文件编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准。 三、依据《中华人民共和国证券法》及《上市公司收购管理办法》的规定， 本报告书已全面披露了信息披露义务人在新华文轩出版传媒股份有限公司拥有 权益的股份变动情况。截至本报告书签署日，除本报告书披露的持股信息外，信 息披露义务人没有通过任何其他方式增加或减少在新华文轩出版传媒股份有限 公 ...

证券代码：601811 证券简称：新华文轩 公告编号：2024-021 新华文轩出版传媒股份有限公司 关于控股股东无偿划转国有股权的提示性公告 一、本次国有股权无偿划转的主要内容 1 本次国有股权无偿划转事项不涉及要约收购。 本次国有股权无偿划转事项系同一实际控制人下的国有资产无偿划转 行为，不会导致新华文轩出版传媒股份有限公司（以下简称"新华文轩" 或"公司"）控股股东暨第一大股东发生变更，公司实际控制人及治理 结构不会发生变更。 本次国有股权无偿划转事项尚须签署无偿划转协议并取得上级主管部 门批准，公司将密切关注事项的进展，并按照相关法律法规的规定，及 时履行信息披露义务，敬请广大投资者注意投资风险。 四川新华出版发行集团于 2024 年 6 月 13 日收到中共四川省委宣传部 通知，为贯彻中央和省委、省政府关于推进国有文化企业深化改革加快发展 的决策部署，加快推进我省国有文化资本布局优化和结构调整，拟将四川新 华出版发行集团所持有的新华文轩 131,348,818 股国有股份（占新华文轩 总股本的 10.6455%）无偿划转予四川文化产业投资集团有限责任公司（以 下简称"四川文投集团"）。 本公司董事会 ...

Investment Rating - The report assigns a "Buy" rating for Xinhua Wenhui (0811.HK) with a target price of HKD 12.26, based on a current price of HKD 9.07 [1][3]. Core Views - The company is positioned as a leading publisher in the southwestern region of China, with a strong focus on educational materials and a stable dividend policy [10][27]. - The K12 student population in Sichuan province is expected to remain resilient in the short term, despite a decline in birth rates since 2020, due to the lag effect in enrollment numbers [2][21]. - The company has maintained a robust dividend payout ratio of over 30%, providing a dividend yield of approximately 5% based on current stock prices [2][3]. Summary by Sections Company Overview - Xinhua Wenhui is the only enterprise in Sichuan province with the qualification to distribute K12 textbooks, actively exploring diversified services in reading and education [10][11]. - The company operates 15 wholly-owned publishing units, covering various publishing categories including books, periodicals, and digital media [11][27]. K12 Student Population and Market Recovery - The K12 student population in Sichuan is projected to remain stable for 2024-2025, with expected enrollment numbers reflecting past birth rates [2][21]. - The retail book market is gradually recovering, with online sales channels contributing significantly to growth [24][26]. Publishing Leadership and Dividend Stability - The company is a regional leader in publishing, with extensive cooperative resources and a diversified publishing strategy [27]. - The company has consistently maintained a dividend payout ratio above 30%, with a stable dividend policy that rewards shareholders [2][3]. Earnings Forecast and Valuation - Earnings per share (EPS) are projected to be CNY 1.41, CNY 1.53, and CNY 1.65 for 2024, 2025, and 2026, respectively, with corresponding price-to-earnings (PE) ratios of 5.9, 5.4, and 5.0 [3][4]. - The company is expected to benefit from favorable tax policies and the ongoing development of educational information technology, enhancing its growth prospects [3][4].

证券代码：601811 证券简称：新华文轩 公告编号：2024-020 新华文轩出版传媒股份有限公司 2024 年 5 月 28 日，公司刊登了《新华文轩关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告》（公告编号：2024-018）。公司 2023 年度暨 2024 年第一季度业绩说明会于 2024 年 6 月 4 日 15:30-16:30 通过网络平 台在线交流的方式（全景网 https://ir.p5w.net）召开。公司党委副书记、 执行董事、总经理李强先生，财务总监徐永平先生，独立董事邓富民先生，董 事会秘书杨淼女士及相关部门负责人出席了本次说明会，与投资者进行了互 动沟通和交流，就投资者普遍关注的问题进行了解答。 二、本次业绩说明会投资者提出的主要问题及公司回复情况 1 本公司就说明会上投资者普遍关心的问题给予了回答，主要问题及答 复整理如下： 问题 1.公司去年实施了 2 次分红，今年会有同样的考虑吗？ 答：谢谢关注！对于未来具体的分红安排，公司会综合考量所处行业 发展情况、内外部经营环境、盈利情况、资本开支计划、全体股东利益等 各类因素，建立可持续的、稳定的回报规划与机制。 ...

证券代码：601811 证券简称：新华文轩 公告编号：2024-018 公司 2023 年年度报告全文及其摘要、2024 年第一季度报告已分别于 2024 年 3 月 28 日及 2024 年 4 月 30 日在上海证券交易所官网(www.sse.com.cn)刊 登。为便于广大投资者更加全面深入地了解公司经营情况，公司决定通过视频 录制及网络文字互动方式召开 2023 年度暨 2024 年第一季度业绩说明会。 新华文轩出版传媒股份有限公司 关于召开 2023 年度暨 2024 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： ●会议召开时间：2024 年 6 月 4 日（星期二）15:30-16:30 ●会议召开地点：全景网（https://ir.p5w.net） ●会议方式：视频录制及网络文字互动 ●投资者可于 2024 年 6 月 3 日（星期一）17:00 前就需要了解的情况和有 关问题预先通过后附的电话或电子邮件方式联系新华文轩出版传媒股份有限 公司（以下简称"公司"）。公 ...

北京观档(成都)律师事务所 GUANTAO LAW FIRM Tel: (028)62129886 Fax: (028)62129899 E-mail: guantao@guantao.com http: // www.guantao.com 成都市高新区府城大道 505 号仁和春天 国际广场 A 座 2003 室邮编: 610041 Room 2003, 20/F, Building A,Renhe Spring International Plaza , No.505, Fucheng Avenue, Chengdu High-tech Zone 610041, China 北京观韬(成都)律师事务所 关于新华文轩出版传媒股份有限公司 2023年度股东周年大会的法律意见书 观意宇 2024 第 003991 号 致:新华文轩出版传媒股份有限公司 北京观韬(成都)律师事务所(以下简称"本所")受新华文轩出版传媒股 份有限公司(以下简称"公司")的委托,指派本所律师李佳雨、李佼矫列席公 司 2023年度股东周年大会(以下简称"本次股东大会"),并根据《中华人民 共和国公司法》等法律、法规和规范性文件以及《新华 ...

证券代码：601811 证券简称：新华文轩 公告编号：2024-017 新华文轩出版传媒股份有限公司 2023 年度股东周年大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | | 10 | | --- | --- | --- | | 其中：A 股股东人数 | | 9 | | 境外上市外资股股东人数（H 股） | | 1 | | 2、出席会议的股东所持有表决权的股份总数（股） | 797,320,752 | | | 其中：A 股股东持有股份总数 | 687,595,469 | | | 境外上市外资股股东持有股份总数（H 股） | 109,725,283 | | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数 | | | | 的比例（%） | | 64.621029 | (一) 股东大会召开的时间：2024 年 5 月 21 日 (二) 股东大会召开的地点：新华国际酒店（四川省成都市青羊区古中市街 ...

Financial Performance - The company's operating revenue for Q1 2024 reached RMB 2,473,841,215.39, representing a year-on-year increase of 7.04%[3] - Net profit attributable to shareholders was RMB 206,287,043.02, reflecting a growth of 3.33% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 223,298,866.77, an increase of 9.64% year-on-year[3] - Total revenue for Q1 2024 reached RMB 2,473,841,215.39, an increase of 7.03% compared to RMB 2,311,171,082.62 in Q1 2023[15] - Net profit for Q1 2024 was RMB 212,045,515.35, slightly up from RMB 204,601,323.33 in Q1 2023, reflecting a growth of 2.15%[16] - The company reported a gross profit margin of approximately 11.63% for Q1 2024, compared to 10.61% in Q1 2023[15] Cash Flow - The net cash flow from operating activities was RMB 130,621,333.22, showing a decrease of 25.13% compared to the previous year[3] - In Q1 2024, the net cash flow from operating activities was ¥130,621,333.22, a decrease of 25.1% compared to ¥174,459,045.44 in Q1 2023[17] - Cash inflow from operating activities totaled ¥2,656,483,283.17, down 3.8% from ¥2,762,719,984.06 in the same period last year[17] - Cash outflow for purchasing goods and services was ¥1,375,334,212.62, a decrease of 12.1% from ¥1,565,091,240.76 in Q1 2023[17] - The net cash flow from investing activities was (¥18,905,376.26), a significant decline from ¥60,176,117.67 in Q1 2023[17] - Cash received from sales of goods and services was ¥2,554,465,944.49, a decrease of 3.7% from ¥2,653,928,972.88 in Q1 2023[17] - Payments to employees increased to ¥873,695,306.61, up 16.4% from ¥750,281,515.55 in the same quarter last year[17] - The cash inflow from investment activities was ¥764,659.26, a significant drop from ¥115,104,654.60 in Q1 2023[17] - The cash flow from financing activities included dividend payments of ¥222,091,380.00, a notable increase from ¥147,825.02 in the previous year[18] Assets and Liabilities - Total assets attributable to shareholders at the end of the reporting period were RMB 22,724,552,814.73, up 4.30% from the end of the previous year[3] - Total current assets rose to RMB 14,735,118,323.96, up from RMB 14,008,634,246.70, indicating a growth of 5.18%[11] - Total liabilities increased to RMB 8,868,356,505.07 from RMB 8,373,407,203.21, representing a rise of 5.92%[13] - Accounts receivable increased significantly to RMB 2,051,692,028.53 from RMB 1,477,171,063.02, marking an increase of 38.83%[11] - Inventory levels rose to RMB 2,930,328,069.15 from RMB 2,641,169,798.03, marking an increase of 10.96%[11] Shareholder Information - The total number of ordinary shareholders as of March 31, 2024, was 19,670[8] - The largest shareholder, Sichuan Xinhua Publishing Group Co., Ltd., holds 622,972,283 shares, accounting for 50.49% of the total shares[8] - Shareholders' equity attributable to the company was RMB 13,507,229,809.57, an increase of 3.34% year-on-year[3] - The total equity attributable to shareholders increased to RMB 13,507,229,809.57 from RMB 13,070,948,143.35, a rise of 3.34%[14] Research and Development - Research and development expenses increased to RMB 4,205,484.42 from RMB 3,752,132.46, reflecting a growth of 12.04%[15] Return on Assets - The company reported a weighted average return on net assets of 1.55%, a decrease of 0.04 percentage points compared to the previous year[3] Non-Recurring Gains and Losses - Non-recurring gains and losses for the period amounted to RMB 5,207.82, excluding government subsidies related to normal business operations[4]

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,473,841,215.39, representing a year-on-year increase of 7.04%[12] - The net profit attributable to shareholders of the listed company was CNY 206,287,043.02, reflecting a growth of 3.33% compared to the same period last year[12] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 223,298,866.77, which is an increase of 9.64% year-on-year[12] - Total operating revenue for Q1 2024 reached ¥2,473,841,215.39, an increase of 7.03% compared to ¥2,311,171,082.62 in Q1 2023[23] - Net profit for Q1 2024 was ¥212,045,515.35, compared to ¥204,601,323.33 in Q1 2023, indicating a growth of 3.54%[25] - The company reported a comprehensive income total of ¥442,040,138.55 for Q1 2024, significantly higher than ¥207,652,204.53 in Q1 2023[26] - Basic earnings per share for Q1 2024 were ¥0.17, slightly up from ¥0.16 in Q1 2023[26] Cash Flow and Assets - The net cash flow from operating activities was CNY 130,621,333.22, showing a decrease of 25.13% compared to the previous year[12] - Cash and cash equivalents decreased to ¥8,982,847,974.23 as of March 31, 2024, from ¥9,117,663,825.52 at the end of 2023[19] - The cash and cash equivalents at the end of Q1 2024 were CNY 8.95 billion, compared to CNY 7.98 billion at the end of Q1 2023, marking an increase of about 12.1%[47] - The company reported a decrease in cash received from sales and services to CNY 2.55 billion in Q1 2024, down from CNY 2.65 billion in Q1 2023, a decline of approximately 3.9%[46] - The total assets at the end of the reporting period amounted to CNY 22,724,552,814.73, which is a 4.30% increase from the end of the previous year[13] - The company's total liabilities rose to CNY 8.87 billion, up from CNY 8.37 billion year-over-year, indicating an increase of approximately 5.9%[41] - The company’s long-term assets totaled CNY 7.99 billion, up from CNY 7.78 billion year-over-year, representing an increase of about 2.7%[40] Shareholder Information - The equity attributable to shareholders of the listed company was CNY 13,507,229,809.57, marking a 3.34% increase year-on-year[13] - The number of ordinary shareholders at the end of the reporting period was 19,670[6] - The largest shareholder, Sichuan Xinhua Publishing and Distribution Group Co., Ltd., held 50.49% of the shares[6] - The total equity attributable to shareholders increased to CNY 13.51 billion, up from CNY 13.07 billion year-over-year, reflecting a growth of about 3.4%[41] - The company paid CNY 222.09 million in dividends during Q1 2024, compared to CNY 147.83 thousand in Q1 2023, showing a significant increase[47] Operational Metrics - The weighted average return on net assets was 1.55%, a decrease of 0.04 percentage points compared to the end of the previous year[13] - The company reported non-recurring gains and losses totaling CNY -17,011,823.75 for the period[13] - Accounts receivable increased to ¥2,051,692,028.53 in Q1 2024, compared to ¥1,477,171,063.02 in Q4 2023, marking an increase of 38.83%[19] - Inventory rose to ¥2,930,328,069.15 in Q1 2024, up from ¥2,641,169,798.03 in Q4 2023, reflecting an increase of 10.96%[19] - The company’s long-term equity investments increased to ¥779,258,805.61 in Q1 2024 from ¥771,481,018.72 in Q4 2023, a growth of 1.01%[19] Strategic Initiatives - The company provided a revenue guidance of 5 billion yuan for the full year 2024, indicating a projected growth of 10%[49] - New product launches contributed to a 25% increase in sales in the education sector[49] - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[49] - Research and development expenses increased by 18%, focusing on digital publishing technologies[49] - The company announced a strategic partnership with a tech firm to enhance its digital platform capabilities[49] - A potential acquisition of a smaller publishing house is under consideration to strengthen market position[49] - The company aims to reduce operational costs by 5% through efficiency improvements in the next fiscal year[49] - Customer satisfaction ratings improved by 15%, reflecting better service delivery and product offerings[49]

证券代码：601811 证券简称：新华文轩 公告编号：2024-014 新华文轩出版传媒股份有限公司 关于 2024 年第一季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确 性和完整性承担法律责任。 新华文轩出版传媒股份有限公司根据《上海证券交易所上市公司自 律监管指引第3号行业信息披露：第十一号——新闻出版》的相关规定， 现将2024年第一季度主要业务板块经营数据概况公告如下： 注：于 2023 年中期，本集团为满足客户多元化的学习及阅读需求，向客户提供更有针对 性的服务与产品，进一步梳理了产品分类，本期间根据新的产品分类，对上述披露口径进行了 调整。 单位：万元 业务板块 销售码洋 主营业务收入 主营业务成本 毛利率(%) 出版业务 —— 89,132.49 54,973.90 38.32 其中：教材教辅 98,300.55 55,260.60 31,311.71 43.34 一般图书 101,538.36 25,357.95 16,802.52 33.74 发行业务 —— 216,921.49 159,302.52 26. ...