中文天地出版传媒集团股份有限公司 关于全资子公司认购私募股权投资基金份额的公告 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： 1.认购标的：中文天地出版传媒集团股份有限公司（以下简称公司）全资子 公司江西中文传媒蓝海国际投资有限公司（以下简称蓝海国投）拟认购由上海江 右私募基金管理有限公司（以下简称江右私募）发起设立的私募基金淮安中文伍 号产业投资基金合伙企业（有限合伙）（以下简称中文伍号或标的基金）份额， 该基金尚需在中国证券投资基金业协会备案。 证券代码：600373 证券简称：中文传媒 公告编号：临 2026-001 2.认购金额：中文伍号预计募集资金规模 9,700 万元（具体金额以实际募集 资金为准）。其中，蓝海国投作为有限合伙人拟以自有资金认缴出资 4,801.50 万元，认缴出资比例占总规模 49.50%；江右私募作为普通合伙人、执行事务合 伙人及基金管理人，拟以自有资金出资 97 万元，认缴出资比例为 1.00%。 3.本次交易不构成关联交易，亦不构成《上市公司重大资产重组管理办法》 规定的重 ...

格隆汇1月4日丨中文传媒(600373.SH)公布，2025年10月20日，蓝海国投经研究审议，决定以自有资金 认购由江右私募发起设立的中文伍号基金，该基金主要投向出版材料、数字出版和数字文化领域；科创 新材料及高端制造类项目。标的基金目标认缴募集规模为9,700万元（具体金额以实际募集资金为 准），蓝海国投作为有限合伙人拟以自有资金认缴出资4,801.50万元，认缴出资比例为49.50%；江右私 募作为普通合伙人、执行事务合伙人及基金管理人，拟以自有资金出资97万元，认缴出资比例为 1.00%。2025年12月31日，蓝海国投与江右私募签订了《淮安中文伍号产业投资基金合伙企业（有限合 伙）合伙协议》。 ...

Core Viewpoint - The consumer sector has faced significant challenges in the past year, with many sub-sectors experiencing declines despite overall market growth. The focus on domestic demand and consumption has not translated into positive performance for many consumer-related industries [1][5]. Consumer Sector Performance - In the first half of the year, 10 out of 16 declining industries were from the consumer sector, indicating a broader trend of underperformance [1]. - The white liquor sector, a key component of the consumer market, has seen a year-to-date decline of 12.44%, with major brands like Wuliangye experiencing significant drops in revenue and profit [6][9]. - The professional chain sector has been particularly hard-hit, with a year-to-date decline of 14.72%, exemplified by the struggles of companies like Renrenle [16][20]. White Liquor Sector - The white liquor industry is facing its eighth consecutive year of production decline, with both volume and price dropping simultaneously [10]. - Wuliangye reported a 10.26% decline in revenue and a 13.72% drop in net profit for the first three quarters, marking its first negative growth in a decade [9]. - The industry is shifting from a growth-driven model to one focused on consumer choice, with a need for companies to adapt to changing consumer preferences [15]. Professional Chain Sector - The professional chain sector is experiencing a crisis, with many physical stores closing and traditional business models failing [16][20]. - Renrenle, once a leading private supermarket, has seen its market value plummet and is now facing delisting due to ongoing financial struggles [21][24]. - The shift towards online shopping and personalized consumer demands has further exacerbated the challenges faced by traditional retail chains [24][25]. Non-White Liquor Sector - The non-white liquor sector, including beer and wine, has also faced declines, with the beer segment seeing a notable drop in sales and profits [27][32]. - Budweiser APAC reported an 8.2% decline in domestic sales and a 24.4% drop in net profit, reflecting broader industry challenges [32][33]. - The market is witnessing a trend of cross-industry competition, with liquor companies diversifying into new beverage categories [34]. Publishing Sector - The publishing industry has shown resilience despite a 10.4% decline in the overall market for printed books, with listed companies managing to increase net profits by 14.65% [43][44]. - However, leading companies like Zhongwen Media are struggling, with significant revenue and profit declines due to changes in educational material procurement policies [45][48]. Seasoning Sector - The seasoning industry has faced a 6.04% decline, with companies like Qianhe Flavor struggling due to falling revenues and a loss of consumer trust [51][55]. - The industry is experiencing a shift in consumer preferences and increased competition, necessitating a reevaluation of business strategies [60]. Traditional Chinese Medicine Sector - The traditional Chinese medicine sector is facing challenges, with companies like Pian Zai Huang reporting significant declines in revenue and profit due to rising costs and regulatory pressures [61][66]. - The industry is undergoing a transformation as companies seek to innovate and diversify their product offerings [70]. Digital Media Sector - The digital media industry has seen a 4.95% decline, with companies like Mango TV reporting significant drops in revenue and profit due to changing consumer behaviors and market dynamics [71][74]. - The sector is grappling with the need to adapt to new content consumption trends while facing pressure from traditional advertising models [75]. Kitchen and Bathroom Appliances Sector - The kitchen and bathroom appliance sector has experienced a 4.11% decline, largely due to reduced demand from the real estate market [78][79]. - Companies like Boss Electric are facing revenue declines for the first time in years, highlighting the challenges of adapting to a changing market landscape [79][80]. White Goods Sector - The white goods sector has seen a 2.02% decline, with major players like Gree Electric facing significant revenue and profit pressures due to increased competition and market saturation [83][84]. - The industry is shifting towards a focus on product quality and brand strength as external stimuli diminish [88]. Hotel and Restaurant Sector - The hotel and restaurant sector has faced a 1.37% decline, with revenue pressures stemming from changing consumer spending habits and increased competition from online platforms [89][92]. - Companies are beginning to adopt more refined operational strategies to navigate the challenging market environment [96].

Core Viewpoint - The article discusses the significant downturn in various consumer sectors, particularly the liquor and retail industries, highlighting the challenges and potential opportunities for recovery amidst changing consumer behaviors and market dynamics [2][4][43]. Group 1: Liquor Industry - The liquor sector, especially the white liquor segment, has faced substantial declines, with the overall white liquor market down by 12.44% this year [9][15]. - Major brands like Wuliangye have reported significant drops in revenue and profit, with a 10.26% decline in revenue and a 13.72% drop in net profit for the first three quarters [17]. - The white liquor industry is experiencing a shift from a growth-driven model to one focused on consumer preferences, with a need for companies to adapt to changing consumption patterns [26][27]. Group 2: Retail Industry - The professional chain sector has seen a dramatic decline of 14.72%, with many traditional retail models struggling to survive [28][30]. - Companies like Renrenle have faced severe financial difficulties, leading to a significant reduction in store numbers and ultimately triggering delisting procedures [34][35]. - The shift towards online shopping and changing consumer preferences have forced traditional retailers to innovate or face extinction [36][39]. Group 3: Non-White Liquor Sector - The non-white liquor sector, including beer and wine, has also suffered, with a reported decline of 11.61% this year [40]. - Major players like Budweiser APAC have experienced significant sales drops, with a 9.5% revenue decrease and a 24.4% decline in net profit [46]. - The industry is witnessing a trend of cross-industry competition, with liquor companies diversifying into other beverage categories to adapt to market changes [51][56]. Group 4: Publishing Industry - The publishing sector has faced a 7.22% decline, with the overall market for printed books down by 10.40% [60]. - Despite the downturn, some publishing companies have managed to increase profits through cost control and operational efficiency, with a 14.65% rise in net profit for listed companies [61][62]. - The industry is undergoing significant transformation, moving from traditional sales models to more dynamic content management and IP development strategies [70][71]. Group 5: Seasoning Industry - The seasoning sector has seen a 6.04% decline, with companies like Qianhe Flavor struggling due to a drop in revenue and profit [74]. - The industry is facing challenges from both market saturation and changing consumer preferences, necessitating a shift in strategy for many companies [81]. Group 6: Traditional Chinese Medicine - The traditional Chinese medicine sector has experienced a 5.02% decline, with companies like Pian Zai Huang facing significant revenue and profit drops [86]. - The industry is under pressure from regulatory changes and increased competition, pushing companies to innovate and diversify their product offerings [91][92]. Group 7: Digital Media - The digital media sector has reported a 4.95% decline, with traditional advertising models struggling to adapt to new market realities [97][100]. - Companies like Mango TV have seen significant revenue drops, highlighting the challenges of maintaining profitability in a rapidly changing landscape [101][104]. Group 8: Kitchen and Bathroom Appliances - The kitchen and bathroom appliance sector has faced a 4.11% decline, with major players like Boss Electric experiencing revenue drops for the first time in years [112]. - The industry is grappling with reduced demand due to a slowdown in the real estate market, necessitating a shift towards innovation and international expansion [117][118]. Group 9: White Goods - The white goods sector has seen a 2.02% decline, with companies like Gree Electric facing significant challenges due to market saturation and increased competition [126][129]. - The industry is shifting towards a more rational consumer base that prioritizes product quality and brand reputation over traditional growth drivers [133]. Group 10: Hotel and Restaurant Industry - The hotel and restaurant sector has experienced a 1.37% decline, with many businesses struggling to convert increased tourism into profits [140][141]. - The industry is witnessing a shift towards more refined operational models, with companies focusing on member engagement and digital transformation to enhance profitability [142][143].

Market Overview - The publishing sector increased by 0.1% compared to the previous trading day, with Shandong Publishing leading the gains [1] - The Shanghai Composite Index closed at 3965.12, down 0.0%, while the Shenzhen Component Index closed at 13604.07, up 0.49% [1] Individual Stock Performance - Shandong Publishing (601019) closed at 8.58, up 2.26% with a trading volume of 122,500 shares and a transaction value of 105 million yuan [1] - Chinese Online (300364) closed at 23.96, up 1.53% with a trading volume of 331,800 shares and a transaction value of 799 million yuan [1] - Tianzhou Culture (300148) closed at 4.33, up 1.17% with a trading volume of 221,700 shares and a transaction value of approximately 95.9 million yuan [1] - Other notable stocks include Changjiang Publishing (600757) and Inner Mongolia Xinhua (603230), which saw minor increases of 0.58% and 0.40% respectively [1] Fund Flow Analysis - The publishing sector experienced a net inflow of 19.65 million yuan from institutional investors, while retail investors saw a net outflow of 110 million yuan [2] - Notable net inflows from retail investors were observed in Chinese Online (300364) with a net outflow of 64.02 million yuan, and Shandong Publishing (601019) with a net inflow of 13.65 million yuan [3] - The overall fund flow indicates a mixed sentiment, with institutional investors showing interest while retail investors are withdrawing [2][3]

2025年12月25日，公司召开2025年第四次临时股东会，审议通过《关于调整 董事会人数暨修订〈公司章程〉部分条款的议案》，会议同意代表公司执行公司 事务的董事为公司的法定代表人，法定代表人由董事会选举产生，并同意对《公 司章程》相应条款进行修订。 具体内容详见公司分别于2025年12月9日、2025年12月26日披露在《中国证 券报》《上海证券报》《证券日报》及上海证券交易所网站（www.sse.com.cn） 的《中文传媒第六届董事会第四十一次临时会议决议的公告》（公告编号：临 2025-079）、《中文传媒关于董事长辞职暨选举副董事长为公司法定代表人的公 告》（公告编号：2025-080）、《中文传媒关于调整董事会人数暨修订<公司章 程>部分条款的公告》（公告编号：临2025-081）以及《中文传媒2025年第四次 临时股东会决议公告》（公告编号：临2025-089）。 二、工商变更登记及备案完成情况 2025年12月26日，公司已在上饶市市场监督管理局依法办理完毕法定代表人 的变更登记及《公司章程》的备案手续，并取得上饶市市场监督管理局换发的新 版《营业执照》。本次变更完成后，公司的法定代表人为吴卫 ...

证券代码：600373 证券简称：中文传媒公告编号：临2025-089 中文天地出版传媒集团股份有限公司2025年第四次临时股东会决议公告 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。 ■ （四）表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会采用现场投票和网络投票相结合的表决方式，会议的召集、召开以及表决方式符合《公司 法》及《公司章程》等有关规定。本次会议由公司董事会召集，副董事长吴卫东因另有事务未能现场出 席会议，根据《公司章程》相关规定，经表决董事一致推举董事吴涤主持本次会议。 （五）公司董事和高级管理人员的列席情况 1.公司在任董事11人，出席7人，授权委托4人。其中，董事吴卫东、夏玉峰、张其洪，独立董事饶威， 因另有事务未能现场出席，已分别授权委托董事吴涤、汪维国，独立董事李汉国，代为出席并签署本次 会议相关文件。 2.现场出席/列席会议人员：李仕达、毛剑波。 二、议案审议情况 重要内容提示： ● 本次会议是否有否决议案：无 本次提交股东会的议案经审议获得通过。议案1为特别决议事项，已 ...

证券日报网讯 12月25日，中文传媒发布公告称，公司2025年12月25日召开2025年第四次临时股东会， 审议通过《关于调整董事会人数暨修订〈公司章程〉部分条款的议案》。 （文章来源：证券日报） ...

证券代码：600373 证券简称：中文传媒 公告编号：临 2025-089 中文天地出版传媒集团股份有限公司 2025 年第四次临时股东会决议公告 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 （一）股东会召开的时间：2025 年 12 月 25 日 （五）公司董事和高级管理人员的列席情况 1.公司在任董事 11 人，出席 7 人，授权委托 4 人。其中，董事吴卫东、夏 玉峰、张其洪，独立董事饶威，因另有事务未能现场出席，已分别授权委托董事 吴涤、汪维国，独立董事李汉国，代为出席并签署本次会议相关文件。 （二）股东会召开的地点：江西省南昌市红谷滩区丽景路 95 号出版中心 3222 会议室 （三）出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1.出席会议的股东和代理人人数 | 412 | | --- | --- | | 2.出席会议的股东所持有表决权的股份总数（股） | 809,395,442 | | 3.出席会议的股东所持有表决权股份 ...

中文天地出版传媒集团股份有限公司 CHINESE UNIVERSE PUBLISHING AND MEDIA GROUP CO., LTD. 公 司 章 程 （修订稿） 经公司 2025 年第四次临时股东会审议通过 （2025 年 12 月 25 日） | 第一章 | 总 则 | | 1 | | --- | --- | --- | --- | | 第二章 | 经营宗旨和范围 | | 2 | | 第三章 | 股 份 | | 3 | | 第一节 | 股份发行 | | 3 | | 第二节 | | 股份增减和回购 | 4 | | 第三节 | | 股份转让 | 5 | | 第四章 | 党的建设 | | 6 | | 第一节 | | 党组织的机构设置 | 6 | | 第二节 | | 公司党委的职责与决策事项 | 6 | | 第五章 | 股东和股东会 | | 7 | | 第一节 | | 股东的一般规定 | 7 | | 第二节 | | 控股股东和实际控制人 | 10 | | 第三节 | | 股东会的一般规定 | 11 | | 第四节 | | 股东会的召集 | 16 | | 第五节 | | 股东会的提案与通知 | 17 | | ...