| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000793 | ST华闻 | 2.62 | -1.87% | 38.89万 | 1.02亿 | | 300654 | 世纪天鸿 | 11.70 | -1.27% | 22.73万 | 2.66亿 | | 600551 | 时代出版 | 9.09 | -1.09% | 17.48万 | 1.59亿 | | 666109 | 出版传媒 | 7.29 | -0.95% | - 3.60万 | 2633.58万 | | 600229 | 城市传媒 | 7.04 | -0.85% | 5.15万 | 3643.50万 | | 603230 | 内蒙新华 | 13.39 | -0.74% | 2.75万 | 3688.19万 | | 601900 | 南方传媒 | 14.29 | -0.35% | 10.30万 | 1.48亿 | | 601949 | 中国出版 | 6.77 | -0.29% | 7.63万 | 5171.58万 | | 6633399 | ...

Core Viewpoint - The announcement details the issuance of a bond by Zhongwen Tiandi Publishing Media Group Co., Ltd., with a total issuance amount of 500 million yuan and a maturity of 269 days [1] Group 1: Bond Issuance Details - The bond issued is named 25 Zhongwen Tiandi SCP003, with a total planned issuance amount of 500 million yuan, which was fully realized [1] - The bond's interest start date is August 12, 2025, and the maturity date is May 8, 2026 [1] - There were 17 compliant subscription applications totaling 1.63 billion yuan, with 8 effective subscriptions amounting to 580 million yuan [1] Group 2: Underwriting Information - Jiangxi Bank Co., Ltd. acted as the lead underwriter, while CITIC Bank Co., Ltd. served as the co-lead underwriter [1] - Jiangxi Bank's self-owned fund allocation was 50 million yuan, representing 10% of the total issuance scale [1] - CITIC Bank's self-owned fund allocation was 70 million yuan, accounting for 14% of the total issuance scale [1]

Market Overview - The publishing sector experienced a decline of 0.32% on August 8, with Century Tianhong leading the drop [1] - The Shanghai Composite Index closed at 3635.13, down 0.12%, while the Shenzhen Component Index closed at 11128.67, down 0.26% [1] Individual Stock Performance - Notable gainers included: - Yue Media (002181) with a closing price of 7.22, up 1.55% [1] - Phoenix Media (601928) at 11.20, up 0.90% [1] - Xinhua Wenhxuan (601811) at 15.72, up 0.58% [1] - Significant decliners included: - Century Tianhong (300654) at 11.49, down 3.93% [2] - Zhongwen Online (300364) at 25.26, down 3.70% [2] - New Classic (603096) at 18.76, down 2.70% [2] Capital Flow Analysis - The publishing sector saw a net outflow of 401 million yuan from institutional investors, while retail investors contributed a net inflow of 313 million yuan [2][3] - The detailed capital flow for selected stocks showed: - Phoenix Media had a net inflow of 16.98 million yuan from institutional investors [3] - Yue Media experienced a net outflow of 18.23 million yuan from retail investors [3] - New Classic had a net inflow of 5.24 million yuan from institutional investors [3]

Core Points - The company has provided a bank credit guarantee of 500 million RMB for its subsidiary, Jiangxi Xinhua Distribution Group Co., Ltd, bringing the total guarantee amount to 500 million RMB, with an actual external guarantee balance of 144 million RMB [1][5] - The total bank credit guarantee amount for the company's subsidiaries is 1.304 billion RMB, with an actual external guarantee balance of 548 million RMB [1][11] - The company plans to apply for a total bank credit limit of up to 10.12 billion RMB for 2025, including a guarantee of up to 3.442 billion RMB for its subsidiaries [2][10] Guarantee Implementation - The company issued a credit limit usage application to China Merchants Bank on August 7, 2025, to provide guarantees for electronic commercial acceptance bills issued or accepted by the subsidiary [3][4] - The guarantee period is from August 7, 2025, to August 6, 2026, with no counter-guarantee required [4][8] Financial Overview of the Subsidiary - Jiangxi Xinhua Distribution Group Co., Ltd has total assets of 11.752 billion RMB and total liabilities of 3.899 billion RMB as of December 31, 2024, with a net asset of 7.853 billion RMB [7] - The subsidiary reported a revenue of 4.141 billion RMB and a net profit of 55 million RMB for the year 2024 [7] Board and Shareholder Approval - The board of directors approved the guarantee proposal based on the company's operational needs and risk control [9][10] - The proposal was also approved by the shareholders at the fifth extraordinary general meeting held on December 10, 2024 [10]

Core Viewpoint - The company has announced a guarantee for its wholly-owned subsidiary, Jiangxi Xinhua Publishing Group Co., Ltd., with a total guarantee amount of 500 million RMB to support its business expansion and operational needs [1][2]. Group 1: Guarantee Details - The total guarantee amount for Jiangxi Xinhua Publishing Group is 500 million RMB, with an actual external guarantee balance of 144 million RMB [1][6]. - The company plans to apply for a total bank credit limit of up to 10.12 billion RMB for 2025, which includes a guarantee of up to 3.442 billion RMB for its subsidiary [2][7]. - The guarantee will be provided through various methods, including joint liability guarantees and deposit pledges [2][6]. Group 2: Financial Overview of the Subsidiary - As of December 31, 2024, Jiangxi Xinhua Publishing Group had total assets of 11.752 billion RMB, total liabilities of 3.899 billion RMB, and net assets of 7.853 billion RMB [7]. - The subsidiary reported an operating income of 4.141 billion RMB and a net profit of 55 million RMB for the year 2024 [7]. - As of March 31, 2025, the subsidiary's total assets increased to 12.125 billion RMB, with total liabilities of 4.292 billion RMB [7]. Group 3: Board and Shareholder Approval - The guarantee proposal was approved by the company's board of directors on November 22, 2024, and subsequently by the shareholders on December 10, 2024 [8][9]. - The board believes that the guarantee is necessary for the sustainable development of the subsidiary's operations and is within the company's risk control capabilities [7][8].

证券代码：600373 证券简称：中文传媒 公告编号：临 2025-043 1.公司本次为发行集团提供的银行授信担保为 5 亿元。本次担保后，公司为 发行集团提供的担保合同累计余额为 5 亿元，其中实际发生的对外担保累计余额 为 1.44 亿元。 2.本次担保后，公司为所属子公司银行授信提供担保合同累计余额为 13.04 亿元（含 2024 年度担保余额），其中实际发生的对外担保累计余额为 5.48 亿元。 子公司为母公司银行授信提供担保合同累计余额为 0 亿元（含 2024 年度担保余 额），其中实际发生的担保累计余额为 0 亿元（不含本次担保）。 ● 本次担保不存在反担保。 ● 对外担保逾期担保的累计数量：无。 中文天地出版传媒集团股份有限公司 关于为下属子公司江西新华发行集团有限公司提供 担保的实施公告 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： ● 被担保人名称 中文天地出版传媒集团股份有限公司（以下简称公司）一级全资子公司：江 西新华发行集团有限公司（以下简称发行集团）。 ● 本次担保金额及已实际 ...

Market Overview - The publishing sector increased by 0.58% on August 5, with Rongxin Culture leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] Individual Stock Performance - Rongxin Culture (301231) closed at 26.50, up 4.29% with a trading volume of 68,100 shares and a turnover of 180 million yuan [1] - Reader Media (6668209) closed at 7.16, up 3.92% with a trading volume of 341,300 shares and a turnover of 243 million yuan [1] - Guomai Culture (301052) closed at 66.55, up 3.42% with a trading volume of 81,600 shares and a turnover of 535 million yuan [1] - Other notable performers include CITIC Publishing (300788) up 1.85%, Tianzhou Culture (300148) up 1.74%, and Zhejiang Publishing (601921) up 1.71% [1] Capital Flow Analysis - The publishing sector experienced a net outflow of 26.37 million yuan from institutional investors, while retail investors saw a net inflow of 44.48 million yuan [2] - The overall net outflow from retail investors was 18.10 million yuan [2] Detailed Capital Flow for Selected Stocks - CITIC Publishing (300788) had a net outflow of 24.00 million yuan from institutional investors, with a net inflow of 9.57 million yuan from retail investors [3] - Times Publishing (600551) saw a net inflow of 18.32 million yuan from institutional investors, while retail investors had a net outflow of 30.30 million yuan [3] - Rongxin Culture (301231) experienced a net inflow of 7.92 million yuan from institutional investors, but a net outflow of 13.76 million yuan from retail investors [3]

Group 1 - The company acquired 100% of Zhimi Star Communication in 2015, which has seen a significant revenue decline of 60.45% to 1.236 billion yuan in the reporting period, and has never recognized goodwill impairment [1] - The company acquired 58% of Langzhi Media, which reported net profits of 68.4012 million yuan and 64.0719 million yuan for 2022 and 2023 respectively, with a projected non-recurring net profit of 89.0893 million yuan for 2024, representing a year-on-year growth of 39.05% [1] - The performance commitment for Langzhi Media was fulfilled with a completion rate of 101.18%, as the promised non-recurring net profit was not less than 88.05 million yuan [1] Group 2 - The company was requested to disclose the names and relationships of the top five customers and suppliers of Langzhi Media over the past three years, along with sales and procurement details [2] - Langzhi Media's sales, procurement, and settlement policies are consistent with comparable companies in the industry, with a sales settlement policy of 45-90 days post-invoice [3] - The company must provide quarterly financial data for Langzhi Media and compare it with industry peers to assess any significant performance discrepancies [3] Group 3 - Langzhi Media's main clients are well-known companies in the automotive sector, which typically have strict procurement processes, leading to seasonal revenue patterns [3] - The company has implemented effective control over Langzhi Media through governance arrangements, with a board composed of non-independent directors, ensuring majority voting power [6][7] - The company has strengthened financial and operational management over Langzhi Media, requiring approval for significant operational decisions [8][9] Group 4 - The company has conducted goodwill impairment tests for Zhimi Star Communication, with the recoverable amount exceeding the carrying value of the asset group, indicating no impairment [11][25] - The goodwill impairment testing process involved careful selection of key parameters and a comparison of actual performance against forecasts, confirming the prudence of the assumptions used [20][21] - The company has maintained stable operations for Zhimi Star Communication, with no indications of goodwill impairment based on the tests conducted from 2021 to 2024 [21][25]

Core Viewpoint - The company, Zhongwen Media, reported a significant decline in revenue and net profit for the year 2024, prompting regulatory inquiries regarding its financial disclosures and business operations [1][2]. Business Overview - The main business segments of Zhongwen Media include general books, educational materials, new business formats, integrated marketing, and material trading. The company achieved a revenue of 9.304 billion yuan, a year-on-year decrease of 14.56%. The net profit attributable to shareholders was 744 million yuan, down from 686 million yuan, indicating a decline in profitability [2]. Revenue Breakdown - Revenue from general books and educational materials saw substantial declines, with year-on-year decreases of 26.97% and 27.55%, respectively. The sales models employed include both unconditional and conditional sales returns [2]. Regulatory Inquiry - The company received an inquiry from the Shanghai Stock Exchange regarding its 2024 annual report, which necessitated a detailed response addressing various aspects of its financial disclosures and business relationships [1][3]. Client and Supplier Relationships - The company provided detailed disclosures about its major clients and suppliers over the past three years, including sales content, settlement policies, and outstanding amounts. Notably, there were no significant overlaps in client-supplier relationships that could raise concerns about commercial rationality [3][6]. Sales and Settlement Policies - The company outlined its sales channels and models, particularly for general books and educational materials, detailing the conditions for sales returns, pricing mechanisms, and revenue recognition methods in compliance with accounting standards [3][6]. Performance Analysis - A quantitative analysis was requested to explain the significant decline in performance, considering industry policies, competitive conditions, and cost structures. The company is expected to provide insights into quarterly performance fluctuations based on cost and expense changes [3][4]. Integrated Marketing and New Business Formats - The integrated marketing segment and new business formats, including game-related services, are also part of the company's revenue streams. The company has established various settlement policies with clients in these segments, reflecting a diverse approach to revenue generation [4][7]. Supplier Relationships in Material Trading - The company disclosed its supplier relationships in the material trading segment, detailing procurement policies and outstanding amounts, which are crucial for understanding its operational dynamics [6][7]. Financial Health Indicators - The company has reported various financial health indicators, including accounts receivable and provisions for bad debts, which are essential for assessing its financial stability and risk management practices [5][6].

大信会计师事务所（特殊普通合伙）关于《关于中 文天地出版传媒集团股份有限公司2024年年度报告的 信息披露监管问询函》的回复 大信会计师事务所（特殊普通合伙） WUYIGECERTIFIEDPUBLICACCOUNTANTSLLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 0083 电话 Telephone：+86（10）82330558 传真 Fax：+86（10）82327668 网址 Internet：www.daxincpa.com.cn WUYIGECertifiedPublicAccountants.LLP Room220622/F,XueyuanInternationalTower No.1ZhichunRoad,HaidianDist.Beijing,China,10 大信会计师事务所（特殊普通合伙）关于《关于中文 天地出版传媒集团股份有限公司 2024 年年度报告的 信息披露监管问询函》的回复 上海证券交易所上市公司管理一部： 大信会计师事务所（特殊普通合伙）（以下简称我们或年审会计师）就上海证券交易所 下发的《关于中文天地出版传媒 ...