本次担保金额及已实际为其提供的担保余额：本次担保金额为人民币 45,000 万元。截至公告披露日，公司及合并报表范围内的子公司累计提供且尚 在存续期的担保总额为人民币 191,223.97 万元（不同担保主体对同一被担保主 体提供担保的，担保金额不重复计算），占公司最近一期经审计净资产的 49.93%。上述担保均在 2024 年年度股东会核定的担保额度范围内。 一、 担保事项概述 （一）担保基本情况 天下秀数字科技（集团）股份有限公司（以下简称"公司"）与厦门国际 银行股份有限公司北京分行（以下简称"厦门银行北京分行"）签署了《保证 合同》，约定公司为北京广告向厦门银行北京分行申请银行综合授信提供担保， 本次担保最高债权额为人民币5,000万元，该额度授信期限至2028年5月11日止， 担保方式为连带责任保证。 证券代码：600556 证券简称：天下秀 公告编号：临 2025-026 天下秀数字科技（集团）股份有限公司 关于提供担保的进展公告 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：北京天 ...

Meeting Overview - The shareholders' meeting of Tianxiaxiu Digital Technology (Group) Co., Ltd. was held on May 20, 2025, in Beijing [1] - The meeting was attended by shareholders representing 42.0820% of the total shares [1] - The meeting was conducted in accordance with the Company Law and the Articles of Association, with a combination of on-site and online voting [1] Voting Results - All proposed resolutions were approved with significant majority votes, with the highest approval rate being 99.8129% for one of the resolutions [2][3] - Specific voting results included: - A resolution received 759,294,869 votes in favor (99.8103%) [1] - Another resolution received 758,940,769 votes in favor (99.7638%) [2] - A resolution regarding the mid-term profit distribution authorization was approved with 759,170,869 votes in favor (99.7940%) [3] Shareholder Participation - Major shareholders holding more than 5% of the shares participated fully, with 703,039,662 votes (100.0000%) in favor of certain resolutions [3][4] - Shareholders holding between 1% and 5% also showed strong support, with significant approval percentages [3] Legal Compliance - The meeting's procedures and voting results were confirmed to be in compliance with relevant laws and regulations, ensuring the legitimacy of the proceedings [4]

通 商津 師事務所 COMMERCE & FINANCE LAW OFFICES 12-15th Floor, China World Office 2. No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 北京市通商律师事务所 关于天下秀数字科技(集团)股份有限公司 2024年年度股东会 的法律意见书 致:天下秀数字科技(集团)股份有限公司 根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民共 和国证券法》(以下简称"《证券法》")、《上市公司股东会规则》(以下简称 "《股东会规则》")等相关法律、法规及《天下秀数字科技(集团)股份有限公司 章程》(以下简称"《公司章程》")的规定,北京市通商律师事务所(以下简称 "通商")接受天下秀数字科技(集团)股份有限公司(以下简称"公司")的委托, 指派律师出席公司 2024年年度股东会(以 ...

证券代码：600556 证券简称：天下秀 公告编号：临 2025-025 天下秀数字科技（集团）股份有限公司 2024年年度股东会决议公告 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 (二) 股东会召开的地点：北京市朝阳区三里屯西五街 5 号院 D 座会议室 (一)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 | 680 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 760,737,569 | | 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（%） | 42.0820 | (三) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，董事长李檬先生主持，会议采取现场投票与网 络投票相结合的方式进行表决。会议的召集、召开程序及表决方式符合《公司法》 及《公司章程》的规定。 (四) 公司董事、 ...

天下秀数字科技（集团）股份有限公司 2024 年年度股东会 2024 年年度股东会会议须知 为维护股东的合法权益，确保会议正常进行，提高会议效率，根据《中华人 民共和国公司法》和《公司章程》等有关规定，特制定本须知： 1.根据上海证券交易所的相关规定，股东会相关资料已于上海证券交易所网 站（www.sse.com.cn）发布，会议现场仅提供会议议程及公共借阅的会议资料。 2.公司股东或股东代表参加会议，依法享有发言权、咨询权、表决权等各项 权利。 会 议 资 料 （会议召开时间：2025 年 5 月 20 日） | | | | 2024 | | 年年度股东会会议须知 | | | | 1 | | --- | --- | --- | --- | --- | --- | --- | | 2024 | | 年年度股东会会议议程 | | | | 2 | | 议案 | | 关于公司 1 | 2024 | | 年年度报告正文及摘要的议案 | 4 | | 议案 | | 关于公司 2 | 2024 | | 年度董事会工作报告的议案 | 5 | | 议案 | | 3 关于公司独立董事 2024 | | | 年度述职报告的议案 | ...

Investment Rating - The report maintains an "Outperform the Market" rating for the company [4][6][23] Core Viewpoints - The company's revenue is expected to decline by 3.2% in 2024, primarily due to changes in customer structure and market conditions, with a projected revenue of 4.07 billion yuan [1][9] - The net profit for 2024 is forecasted to be 51 million yuan, a decrease of 44.5%, impacted by credit impairment losses of 76 million yuan and asset impairment losses of 10 million yuan [1][9] - The company is enhancing its influencer marketing platform efficiency and expanding its business layout in the influencer economy [2][17] - The commercialization of AIGC (AI-Generated Content) is gradually taking shape, with initial progress in overseas markets [3][18] Summary by Sections Financial Performance - In 2024, the company expects a revenue of 4.07 billion yuan, down 3.2% year-on-year, and a net profit of 51 million yuan, down 44.5% [1][5] - The gross margin decreased by 0.9 percentage points to 17.2%, while the overall expense ratio slightly decreased by 0.1 percentage points to 13.6% [12][20] Business Development - The active customer base and number of influencers on the marketing platform continue to grow, with 208,000 registered merchant customers and 3.466 million influencer accounts by the end of 2024 [2][17] - The company is building a decentralized creator economy ecosystem and has launched innovative services such as IMSOCIAL Accelerator and AI content creation tools [2][17] Profit Forecast - The profit forecast for 2025-2027 has been adjusted, with expected net profits of 120 million, 140 million, and 160 million yuan respectively, reflecting year-on-year growth rates of 125.1%, 18.5%, and 17.7% [4][21] - The projected earnings per share (EPS) for 2025-2027 are 0.06, 0.08, and 0.09 yuan, with corresponding price-to-earnings (PE) ratios of 73x, 61.6x, and 52.3x [4][21]

Core Viewpoint - Tianxiaxiu (stock code: 600556) reported a steady performance in Q1 2025, achieving revenue of 897 million yuan and a net profit attributable to shareholders of 13.33 million yuan, reflecting a 44.99% year-on-year growth in net profit after excluding non-recurring gains and losses [1][2] Financial Performance - The company achieved a revenue of 897 million yuan in Q1 2025, with a net profit of 13.33 million yuan [1] - The net profit attributable to shareholders, excluding non-recurring gains, reached 12.96 million yuan, marking a year-on-year increase of 44.99% [1] Business Strategy and Development - Tianxiaxiu is positioned as the first red economy platform enterprise in A-shares, focusing on building a decentralized infrastructure for the red economy through technology [1] - The company reported an annual revenue exceeding 4 billion yuan in 2024, demonstrating resilience through optimized business structure and resource integration [1] - In Q1 2025, R&D expenses amounted to 21.99 million yuan, emphasizing the "AI + Going Global" strategy to drive innovation in business models [1] Technological Advancements - The company’s Hashii chain technology supported the cultural and creative brand alliance chain, successfully conducting "Digital Cultural Tourism. City Check-in" activities during the 2025 Spring Festival [1] - Tianxiaxiu's enterprise-level AIGC platform "Linggan Island" underwent a significant upgrade, reducing the time to extract successful patterns from historical data from minutes to 28 seconds and lowering single-generation costs to one-third of the industry average [2] Global Strategy - The global strategy of Tianxiaxiu has gained market attention, with the company leveraging domestic and international resource synergies to support Chinese brands going global and provide cross-regional marketing for overseas local brands [2] - The company aims to adhere to the "super connector" strategy, driving the upgrade of the entire red economy industry chain through technology [2]

Group 1 - The company reported a revenue of 897 million yuan and a net profit attributable to shareholders of 13.33 million yuan for Q1 2025, with a year-on-year net profit growth of 44.99% after excluding non-recurring gains and losses [1] - The company focuses on the influencer economy, providing services to content creators, MCNs, and brands, aiming to enhance business efficiency through technology-driven solutions [1] - R&D expenses reached 21.99 million yuan, with a focus on AI and blockchain technologies, enhancing content production efficiency for e-commerce [2] Group 2 - The "CONNECT 2025" partner conference was held, discussing new technologies and ecosystems in influencer marketing, and launching a strategic partnership plan for 2025 [3] - The company’s AIGC platform "Linggan Island" significantly improved its product iteration, reducing the time to extract successful product patterns from historical data to 28 seconds and lowering generation costs to one-third of the industry average [2] - The company is leveraging blockchain technology to support cultural brands and has implemented digital tourism projects in various cities during the 2025 Spring Festival [2]

前十大流通股东累计持有： 79815.72万股，累计占流通股比： 44.15%，较上期变化： -4513.82万 股。 | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | ShowWorld HongKong Limited | 33261.58 | 18.40 | 不变 | | WB Online Investment Limited | 14772.66 | 8.17 | 不变 | | 北海利兹利投资合伙企业(有限合伙) | 12718.64 | 7.04 | 不变 | | 北海永盟投资合伙企业(有限合伙) | 9551.09 | 5.28 | 不变 | | 北京宏远伯乐投资中心(有限合伙) | 1778.80 | 0.98 | 不变 | | 嘉兴腾元投资合伙企业(有限合伙) | 1748.96 | 0.97 | -482.69 | | 厦门赛富股权投资合伙企业(有限合伙) | 1676.63 | 0.93 | -476.03 | | 海南庥隆金实私募基金管理中心(有限合伙) | 1629.43 | 0.90 | 不变 ...

目录 | | | | ESG 数据表和附注 | 67 | | --- | --- | | 报告标准索引表 | 71 | | 专有名词释义表 | 73 | 社会篇 | 创新营销，引领行业趋势 | 19 | | --- | --- | | 优质产品和服务 * | 19 | | 创新驱动 * | 23 | | 供应商管理 * | 29 | | 推动行业生态建设 | 32 | | 责任担当，筑牢信任基石 | 35 | | --- | --- | | 负责任营销 | 35 | | 数据安全与客户隐私保护 * | 36 | | 科技伦理 | 40 | | ESG 治理安排 | 13 | 以人为本，共建美好社会 | 41 | | --- | --- | --- | --- | | | | 员工权益与福利 | 41 | | | | 员工健康与安全 | 46 | | | | 员工培训与发展 * | 49 | | | | 社会贡献与乡村振兴 | 54 | 治理篇 | 绿色发展，促进和谐共生 | 14 | 稳健经营，夯实治理根基 | 56 | | --- | --- | --- | --- | | 应对气候变化 | 14 | 公司 ...