每经AI快讯，9月22日，东方明珠(600637.SH)公告称，公司拟以自有资金人民币24400万元认缴出资， 约占先进计算二期基金募集规模的34.164%，担任有限合伙人。该基金拟通过股权投资方式，受让超聚 变数字技术有限公司股权，以超聚变公司的股权增值实现投资收益。基金募集规模为人民币71420万 元，公司本次出资额与前次出资额合计人民币49900万元，在公司董事会战略与投资委员会授权额度 内。该投资不构成关联交易，亦不构成重大资产重组。 ...

东方明珠(600637.SH)公告称，公司拟以自有资金人民币24400万元认缴出资，约占先进计算二期基金募 集规模的34.164%，担任有限合伙人。该基金拟通过股权投资方式，受让超聚变数字技术有限公司股 权，以超聚变公司的股权增值实现投资收益。基金募集规模为人民币71420万元，公司本次出资额与前 次出资额合计人民币49900万元，在公司董事会战略与投资委员会授权额度内。该投资不构成关联交 易，亦不构成重大资产重组。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Group 1 - The core point of the article is that Oriental Pearl (600637.SH) has signed a partnership agreement to establish the Advanced Computing Phase II Venture Capital Fund with Zhengzhou Airport Private Equity Fund Management Co., Ltd. and eight other companies [1] - The total fundraising scale of the fund is RMB 71,420 million, with Oriental Pearl committing to contribute RMB 24,400 million, which accounts for approximately 34.164% of the total fundraising [1]

Investment Rating - The report maintains a "Buy" rating for the media industry [6][10]. Core Insights - The media industry is expected to benefit from the ongoing integration of AI applications and consumer demand, particularly during the upcoming National Day and Double Eleven shopping festivals [5][16]. - Huawei's "Smart World 2035" report predicts that by 2035, there will be 900 billion AI entities, indicating a significant shift towards an interconnected AI-driven economy [17][18]. - The report highlights the importance of high-quality content and innovative consumption experiences in driving growth within the media sector [20][24]. Summary by Sections Industry Review - The media sector has shown varied performance, with the gaming index experiencing significant gains while the lottery index has declined [15]. - The overall market indices for the week of September 15-19, 2025, showed fluctuations, with the Shanghai Composite Index down by 1.30% [15]. Media Industry Dynamics - The report emphasizes the role of AI in transforming consumer experiences and driving new consumption scenarios, supported by recent government policies [16]. - Companies like Oriental Pearl and Wanda Film are highlighted for their innovative approaches to integrating AI with content and consumer experiences [16][20]. Key Recommended Stocks - The report recommends several stocks within the media sector, including Oriental Pearl, Mango Super Media, and Wanda Film, all of which are expected to benefit from upcoming events and AI integration [6][10]. - Specific companies are noted for their strategic initiatives, such as BlueFocus's AI strategy and Huace Film's new content releases [6][10]. Upcoming Events and Market Trends - The report discusses the anticipated impact of the National Day film releases and the Double Eleven shopping festival on the cinema and e-commerce sectors [20][21]. - The ongoing negotiations regarding TikTok are also mentioned, indicating potential implications for digital marketing and e-commerce platforms [22][23].

Core Viewpoint - The company participated in the 2025 Shanghai Listed Companies Collective Reception Day and mid-year performance briefing, focusing on its strategic direction and business developments in the cultural media sector [1][2]. Performance Briefing Details - The performance briefing was held on September 19, 2025, from 15:00 to 17:00 via the "Panorama Roadshow" website [1]. - Key executives, including the chairman and independent directors, engaged with investors to address their inquiries within the scope of information disclosure [1]. Investor Questions and Company Responses - The company aims to leverage its capital and industry platforms to enhance its investment logic, focusing on digitalization and cultural tourism sectors to optimize its asset utilization and profitability [2]. - The company does not hold direct equity in Manus and any indirect holdings would not significantly impact its overall revenue and profit [2]. - The company confirmed that it meets the "one province, one network" requirement as the sole cable TV operator in Shanghai [2]. - The company is in the process of filing for the Zhengzhou Airport Advanced Computing Phase I Venture Capital Fund and will disclose further details once agreements are finalized [3]. - The company is committed to digital transformation and enhancing its operational capabilities, focusing on AI and smart applications across its media and tourism businesses [5]. - The company is actively engaging with new media platforms like Douyin and TikTok to expand its digital content offerings [5]. - The controlling shareholder holds 46.69% of the company's shares, indicating a strong backing from state-owned enterprises [5]. - The company holds a 7.36% stake in Huanwei Digital and will disclose any IPO or reverse listing plans as they develop [5]. - The company is focusing on AI-driven innovations across various business segments, including smart broadcasting and retail, to create new growth drivers [5]. - The company reported a 0.3% increase in visitor numbers during the 2025 May Day holiday compared to 2024, and a 6.8% increase compared to 2019, indicating a recovery in its tourism business [5]. - The company is enhancing its digital capabilities and exploring new business models to counteract declines in traditional media revenue [5].

Group 1 - The core viewpoint of the article emphasizes the commitment of the company to enhance investor communication and maintain strategic focus on digital transformation to achieve qualitative and quantitative growth [1] - The company plans to leverage its industrial foundation and continue to implement its strategy to gain a competitive edge in the new transformation phase [1] Group 2 - In the media integration business, the company aims to enhance digital capabilities and smart applications, creating competitive barriers in the digital economy [2] - The company will advance its 5G mobile business and innovative applications for government and enterprise sectors, enhancing network capabilities [2] - In the retail sector, the company intends to deepen mobile and digital development, focusing on artificial intelligence applications and expanding the live-streaming economy [2] - The cultural tourism business will focus on enhancing user experience and product innovation, promoting digital transformation for diverse online and offline experiences [2] - The company will concentrate on major industrial projects in the cultural real estate sector to foster ecosystem development and support media integration [2] - The company plans to strengthen its digital capabilities and expand technology applications by leveraging the reform efforts of its major shareholder, Shanghai Media Group [2]

东方明珠新媒体股份有限公司 关于参加 2025 年上海辖区上市公司集体接待日 暨中报业绩说明会召开情况的公告 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。 证券代码：600637 证券简称：东方明珠 公告编号：临 2025-028 东方明珠新媒体股份有限公司（以下简称"公司"）于 2025 年 9 月 19 日下午 15:00-17:00 通过"全景路演"网站，参加了 2025 年 上海辖区上市公司集体接待日暨中报业绩说明会活动（以下简称"业 绩说明会"）。现将相关情况公告如下： 一、业绩说明会召开情况 公司董事长宋炯明先生、独立董事陈清洋先生、总会计师金晓明 先生、董事会秘书嵇绯绯女士，与投资者在线互动交流，并在信息披 露允许的范围内就投资者关注的问题进行回答。 二、投资者提问及公司回复情况 本次业绩说明会中投资者提出的主要问题及公司回复情况整理 如下（已去除重复问题）： 1、提问： "请简单介绍一下在年报中提到的控股股东资源优势 和业务协同优势中有提到以上市公司为整合平台和推动公司在文化 传媒领域产业链的进一步整合和扩 ...

Market Overview - The television broadcasting sector increased by 0.34% compared to the previous trading day, with GuiGuang Network leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Stock Performance - GuiGuang Network (600996) closed at 66.8, up 10.04% with a trading volume of 677,900 shares and a transaction value of 601 million [1] - Hubei Broadcasting (000665) closed at 5.88, up 2.08% with a trading volume of 320,500 shares and a transaction value of 187 million [1] - Other notable performers include: - Electric Broadcasting Media (000917) at 7.86, up 1.81% [1] - ST Guangwang (600831) at 4.78, up 1.70% [1] - New Media Co. (300770) at 46.11, up 0.94% [1] Fund Flow Analysis - The television broadcasting sector experienced a net outflow of 53.9764 million from institutional investors and a net outflow of 110 million from speculative funds, while retail investors saw a net inflow of 164 million [2] - The fund flow for key stocks includes: - GuiGuang Network had a net inflow of 16.414 million from institutional investors, but a net outflow of 95.9546 million from speculative funds [3] - Hubei Broadcasting saw a net inflow of 20.1779 million from institutional investors, with a net outflow of 5.059 million from speculative funds [3] - Electric Broadcasting Media had a net inflow of 1.8656 million from institutional investors [3]

Market Overview - The television broadcasting sector experienced a decline of 2.17% on September 18, with Jishi Media leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Individual Stock Performance - Jishi Media (601929) closed at 5.02, down 7.21% with a trading volume of 6.0892 million shares and a turnover of 3.213 billion yuan [1] - ST Guangwang (600831) closed at 4.70, down 5.05% with a trading volume of 127,300 shares and a turnover of 61.36 million yuan [1] - Hubei Broadcasting (000665) closed at 5.76, down 2.54% with a trading volume of 431,900 shares and a turnover of 252 million yuan [1] Capital Flow Analysis - The television broadcasting sector saw a net outflow of 547 million yuan from institutional investors, while retail investors had a net inflow of 555 million yuan [1] - The table of capital flow indicates that major stocks like Dongfang Mingzhu (600637) and Jiangsu Cable (600959) had mixed capital inflows and outflows [2] Detailed Capital Flow for Selected Stocks - Dongfang Mingzhu (600637) had a net inflow of 7.7881 million yuan from institutional investors, while retail investors saw a net outflow of 6.9660 million yuan [2] - Jiangsu Cable (600959) recorded a net inflow of 7.2917 million yuan from institutional investors, with a net outflow of 16.2195 million yuan from retail investors [2] - ST Guangwang (600831) experienced a significant net outflow of 12.0973 million yuan from institutional investors, while retail investors had a net inflow of 6.6598 million yuan [2]

Company Overview - Oriental Pearl Media Co., Ltd. is located at 757 Yishan Road, Xuhui District, Shanghai, established on June 16, 1990, and listed on March 16, 1993. The company’s main business includes film and television production and distribution, media content copyright management and distribution, new media channel and platform operations (digital pay TV, IPTV, internet TV, online video, mobile TV), broadcasting signal transmission, new media advertising, gaming entertainment, TV shopping, e-commerce, and cultural tourism [1]. Financial Performance - As of June 30, 2025, Oriental Pearl achieved operating revenue of 3.376 billion yuan, a year-on-year increase of 2.13%. However, the net profit attributable to shareholders decreased by 18.65% to 344 million yuan [2]. - The company has cumulatively distributed 8.55 billion yuan in dividends since its A-share listing, with 1.832 billion yuan distributed over the past three years [2]. Stock Performance - On September 18, Oriental Pearl's stock price increased by 2.34%, reaching 8.76 yuan per share, with a trading volume of 286 million yuan and a turnover rate of 0.99%. The total market capitalization is 29.45 billion yuan [1]. - Year-to-date, the stock price has risen by 15.57%, with a 0.81% increase over the last five trading days, a 2.82% increase over the last 20 days, and a 20.33% increase over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders is 132,400, a decrease of 3.93% from the previous period. The average circulating shares per person increased by 4.09% to 25,384 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder with 54.8456 million shares, an increase of 11.5359 million shares from the previous period [2].