Group 1 - The sports sector increased by 2.41% on July 29, with Zhongti Industry leading the gains [1] - The Shanghai Composite Index closed at 3609.71, up 0.33%, while the Shenzhen Component Index closed at 11289.41, up 0.64% [1] - Zhongti Industry's stock price rose by 4.26% to 9.30, with a trading volume of 750,200 shares and a transaction value of 686 million yuan [1] Group 2 - The net inflow of main funds in the sports sector was 35.42 million yuan, while retail funds experienced a net outflow of 7.67 million yuan [1] - Zhongti Industry saw a net inflow of 42.96 million yuan, but retail funds had a net outflow of 10.03 million yuan [1] - ST Mingcheng and Lisheng Sports experienced varying degrees of fund outflows, with ST Mingcheng seeing a net outflow of 1.45 million yuan from retail investors [1]

Group 1 - The horse racing concept sector declined by 2.40%, ranking among the top declines in concept sectors, with *ST Zhengping hitting the limit down, and companies like Luoniushan, Hainan Rubber, and Zhujiang Piano also experiencing significant declines [1] - Among the horse racing concept stocks, only two saw price increases, with Zhongmu Co. rising by 0.25% and Xinhua Dou by 0.15% [1] - The horse racing concept sector experienced a net outflow of 138 million yuan from main funds today, with Luoniushan leading the outflow at 94.32 million yuan [2] Group 2 - The top gainers in concept sectors included Sora concept (2.98%), lithography machines (2.79%), and multimodal AI (2.30%), while the Hainan Free Trade Zone and horse racing concept were among the largest decliners [2] - The main fund outflow rankings for the horse racing concept included Luoniushan (-5.54%), *ST Zhengping (-4.88%), and Hainan Rubber (-5.45%) [2] - The trading turnover rate for Luoniushan was 10.64%, while *ST Zhengping had a turnover rate of 4.64% [2]

Group 1 - The horse racing concept sector increased by 4.67%, ranking second in terms of sector gains, with seven stocks rising, including Hainan Rubber and Roniu Mountain reaching the daily limit [1] - The top gainers in the horse racing concept include *ST Zhengping, Zhongti Industry, and Xinhua Dou, with increases of 4.79%, 3.27%, and 2.45% respectively [1] - The Hainan Free Trade Zone concept led the day's gains with an increase of 9.11%, while the horse racing concept followed closely [2] Group 2 - The horse racing concept sector saw a net inflow of 268 million yuan from main funds, with Roniu Mountain receiving the highest net inflow of 151 million yuan [2] - The net inflow ratios for Roniu Mountain, Zhongti Industry, and Hainan Rubber were 19.48%, 13.83%, and 8.94% respectively, indicating strong investor interest [3] - The trading volume for Roniu Mountain was 150.6 million yuan, with a turnover rate of 9.84%, reflecting active trading in this stock [3]

Group 1 - The A-share horse racing concept is experiencing a strong fluctuation, with notable increases in stock prices [1] - Luoniushan has risen nearly 6%, while Hainan Rubber has increased by over 4% [1] - Other companies such as Zhongti Industry, Zhujiang Piano, and Xinhua Dou are also seeing gains [1]

Core Insights - The 2025 China Outdoor Sports Industry Conference will be held in Dali, Yunnan, in mid-October, marking a new phase in the preparation process [1][2] - The conference aims to enhance brand influence, promote high-quality development of the sports industry, and integrate sports into the national economic development framework [2][4] Group 1: Conference Highlights - The conference will focus on three main themes: "Launch Economy," "Technology Outdoors," and "Cross-Industry Integration," with activities including a "launch debut" event to showcase new products and consumption forms [2][4] - The opening ceremony will feature an outdoor setting that combines ethnic cultural elements with cutting-edge technology, presenting the latest developments in the outdoor sports industry [4][5] Group 2: Regional Development and Support - Yunnan Province will leverage its outdoor resources to create a development hub in the "Great Shangri-La" area and promote outdoor sports as a bridge for openness along the Belt and Road Initiative [3] - Dali, recognized as a year-round outdoor sports city, is enhancing its infrastructure and service capabilities to ensure a successful conference and promote high-quality outdoor sports tourism [3][5] Group 3: Event Structure and Activities - The conference will include five innovative activity segments aimed at exploring new paths for the integration of outdoor sports with finance, media, and national trends [4][5] - Major events will feature four national-level competitions, including the Dali Ring Erhai Lake Cycling Race and the Dali Hiking Event, expected to attract nearly 10,000 participants [5]

Group 1 - The company forecasts a net loss of between 29 million and 22 million yuan, representing a year-on-year decrease of 197% to 228% compared to the same period last year [1][2] - The projected loss before tax is between 32 million and 25 million yuan, also reflecting a significant year-on-year decrease compared to the previous year [1][2] - The previous year's net profit attributable to the parent company was 22.72 million yuan, with a net profit excluding non-recurring gains and losses of 23.22 million yuan [1] Group 2 - The primary reason for the anticipated loss is the cyclical nature of the company's business, with most core business deliveries concentrated in the second half of the year [2] - The company achieved profitability in the first half of 2024 due to revenue recognition from certain real estate projects, although losses have narrowed significantly compared to the same periods in 2022 and 2023 [2] - The forecast data is preliminary and subject to final confirmation in the company's official disclosures [2]

[Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company expects a loss for H1 2025, with net profit attributable to shareholders projected between -RMB 29 million and -RMB 22 million, and net profit after deducting non-recurring items between -RMB 32 million and -RMB 25 million Current Period Performance Forecast Summary | Indicator | Forecast Range (RMB) | YoY Change | | :--- | :--- | :--- | | **Net Profit Attributable to Parent** | -29 million to -22 million | ↓ 197% to 228% | | **Net Profit Attributable to Parent (Excl. Non-recurring Items)** | -32 million to -25 million | ↓ 208% to 238% | - The performance forecast data is unaudited by a certified public accountant[4](index=4&type=chunk) [Performance Review for the Same Period Last Year](index=1&type=section&id=II.%20Performance%20Review%20for%20the%20Same%20Period%20Last%20Year) As a benchmark, the company achieved profitability in H1 2024, with net profit attributable to shareholders of RMB 22.7154 million and basic earnings per share of RMB 0.0237 H1 2024 Performance Summary | Indicator | H1 2024 Amount (RMB) | | :--- | :--- | | **Net Profit Attributable to Parent** | 22.7154 million | | **Net Profit Attributable to Parent (Excl. Non-recurring Items)** | 23.2235 million | | **Earnings Per Share** | 0.0237 | [Analysis of Main Reasons for Current Period Pre-Loss](index=2&type=section&id=III.%20Analysis%20of%20Main%20Reasons%20for%20Current%20Period%20Pre-Loss) The core reason for the current period's pre-loss is the cyclical nature of the company's business, with most core business deliveries and revenue recognition concentrated in the second half of the year - The pre-loss is primarily attributed to the cyclical nature of business, with core revenue recognition concentrated in the second half of the year[7](index=7&type=chunk) - Compared to the same periods in 2022 and 2023, the magnitude of the current period's loss has significantly narrowed; H1 2024's profitability was an exception due to revenue recognition from certain real estate project deliveries[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=IV.%20Risk%20Warning) Company management believes there are no significant uncertainties currently affecting the accuracy of this performance forecast - The company confirms no significant uncertainties exist that would impact the accuracy of this performance forecast[8](index=8&type=chunk) [Other Explanatory Matters](index=2&type=section&id=V.%20Other%20Explanatory%20Matters) The company emphasizes that the financial data disclosed is preliminary, and the final accurate data will be based on the officially released 2025 semi-annual report, advising investors to be aware of investment risks - The forecast data is preliminary, with final financial data subject to the company's officially disclosed 2025 semi-annual report[9](index=9&type=chunk)

内容概要：体育服务行业是指以体育为核心，通过专业化、市场化手段为个人、机构或社会提供与体育 相关的非物质性产品的经济活动集合，是体育产业的重要组成部分。当今时代，在政策引导支持下，随 着居民消费能力的提升，体育产业正以前所未有的速度蓬勃发展，体育服务业在体育产业中重要性越来 越高。2023年，我国体育产业总规模增长至3.67万亿元，体育服务业产业规模达2.11万亿元，占体育产 业的57.30%；2024年体育产业总规模约3.89万亿元，体育服务产业规模达2.61万亿元，占体育产业的 67.02%；预计2025年我国体育产业总规模有望突破4万亿元，体育服务产业规模达2.78万亿元，占体育 产业的68%。在国家政策引领和市场推动下，体育服务行业不仅在推动经济高质量发展、创造高品质生 活、发挥体育多元功能中有更大的作为。 上市企业：中体产业(600158.SH)、疯狂体育(00082.HK)、非凡领越(00933.HK)、北京体育文化 (01803.HK)、中国动向(03818.HK)、力盛体育(002858.SZ)、亚玛芬体育(AS.N)、和嘉天健（834274）、 相关企业：海南体育赛事有限公司、北京體育文化產 ...

Group 1 - The horse racing concept index increased by 1.32%, ranking 10th among concept sectors, with four stocks rising, including Zhujiang Piano which hit the daily limit, and Zhongmu Co., *ST Zhengping, and Luoniushan showing gains of 2.86%, 0.58%, and 0.50% respectively [1] - The main funds in the horse racing concept sector experienced a net outflow of 0.19 billion yuan, with Zhujiang Piano leading the net inflow at 21.32 million yuan, followed by Luoniushan, Zhongmu Co., and *ST Zhengping with net inflows of 7.99 million yuan, 4.25 million yuan, and 3.48 million yuan respectively [2][3] - The net inflow ratios for Zhujiang Piano, Luoniushan, and *ST Zhengping were 11.33%, 4.19%, and 3.37% respectively, indicating strong interest from main funds [3] Group 2 - The horse racing concept sector had a total of four stocks that rose, while Zhongti Industry and Xinhua Du were among the top decliners, falling by 2.52% and 2.17% respectively [1][2] - The trading volume and turnover rates for the leading stocks in the horse racing concept were notable, with Zhujiang Piano showing a turnover rate of 2.27% and a significant net inflow of funds [3]

Group 1 - The core viewpoint of the article highlights the active cash dividend distribution among listed companies, with a total of 3,676 companies proposing distribution plans for the 2024 fiscal year, and 3,671 of them including cash dividends totaling 1.64 trillion yuan [1][2] - The implementation of dividend distribution is concentrated around two key dates: the ex-dividend date and the record date, with 1,948 companies having already implemented their distribution plans [1] - Companies with significant cash dividends include Perlay, which offers 11.90 yuan per 10 shares, followed by Anji Food and Zhengqi Co., with 10.15 yuan and 9.20 yuan per 10 shares respectively [1][2] Group 2 - Among the companies distributing dividends today, Shanke Intelligent, Nanling Technology, and Junxin Co. have the highest stock transfer ratio of 4.00 shares for every 10 shares [2] - The stock performance of companies with dividend distributions shows that Yingli Automotive has the highest increase over the past five days, with a rise of 33.33%, followed by Deyi Culture and Hengbao Co. [2][3] - A detailed list of companies and their respective dividend distributions and stock performance is provided, indicating various payout amounts and recent price changes [3][4]