Core Viewpoint - Oriental Pearl (600637.SH) reported a slight increase in revenue but a significant decline in net profit for the first half of 2025 [1] Financial Performance - The company achieved an operating revenue of 3.376 billion yuan, representing a year-on-year growth of 2.13% [1] - The net profit attributable to shareholders of the listed company was 344 million yuan, showing a year-on-year decrease of 18.65% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 266 million yuan, down 23.58% year-on-year [1] - Basic earnings per share were reported at 0.1024 yuan [1]

Core Viewpoint - The company has announced a cash dividend distribution plan for the first half of 2025, with a payout of RMB 0.50 per 10 shares, based on its financial performance and shareholder approval [1][2][3]. Profit Distribution Plan - The company plans to distribute a cash dividend of RMB 0.50 per 10 shares (including tax), totaling RMB 168,094,990.85 (including tax) based on a total share capital of 3,361,899,817 shares as of June 30, 2025 [2][3]. - The net profit attributable to the parent company for the first half of 2025 is reported as RMB 344,346,461.10 (unaudited), with a distributable profit of RMB 210,669,899.59 for the year [1][2]. - After the cash dividend distribution, the company's undistributed profits will amount to RMB 3,269,291,963.06 [2]. Decision-Making Process - The profit distribution plan was approved during the 2024 annual general meeting held on June 18, 2025, where the board was authorized to implement the cash dividend plan [3][4]. - The board's audit committee approved the mid-term profit distribution plan on August 20, 2025, with unanimous support [4]. - The board meeting on August 26, 2025, confirmed that the profit distribution plan complies with the company's articles of association [4]. Compliance and Monitoring - The supervisory board reviewed the mid-term profit distribution plan and confirmed that it reflects the company's actual operating conditions and complies with legal requirements [4].

证券代码：600637 证券简称：东方明珠 公告编号：临 2025-022 东方明珠新媒体股份有限公司 第十届监事会第十三次会议决议公告 根据《中华人民共和国证券法》《公开发行证券的公司信息披露 内容与格式准则第 3 号——半年度报告的内容与格式》《上海证券交 易所股票上市规则》及上海证券交易所《关于做好主板上市公司 监事会在全面了解和认真审阅了公司 2025 年半年度报告后发表意见 如下： （一）公司董事会、董事及高级管理人员在报告期内执行职务 时无违规违法行为，没有发生损害公司利益和股东权益的情况。 （二）对公司 2025 年半年度报告全文及正文的审核意见： 法规、公司章程、公司内部管理制度的各项规定。 理委员会和上海证券交易所的各项规定，所包含的信息能从各个方 面真实地反映出公司 2025 年上半年度的经营管理和财务状况等实际 情况。 报告编制和审议的人员有违反保密规定的行为。 承诺其中不存在虚假性记载、误导性陈述或重大遗漏，并对其内容 的真实性、准确性和完整性承担个别和连带的法律责任。 本议案经公司全体监事一致通过。表决结果：3 票赞成，0 票反 对，0 票弃权。 本公司监事会及全体监事保证本公告内容 ...

证券代码：600637 证券简称：东方明珠 公告编号：临 2025-022 东方明珠新媒体股份有限公司 第十届监事会第十三次会议决议公告 （一）公司董事会、董事及高级管理人员在报告期内执行职务 时无违规违法行为，没有发生损害公司利益和股东权益的情况。 （二）对公司 2025 年半年度报告全文及正文的审核意见： 1、公司 2025 年半年度报告的编制和审核程序符合法律、行政 法规、公司章程、公司内部管理制度的各项规定。 2、公司 2025 年半年度报告的内容和格式符合中国证券监督管 理委员会和上海证券交易所的各项规定，所包含的信息能从各个方 面真实地反映出公司 2025 年上半年度的经营管理和财务状况等实际 情况。 3、在公司监事会提出本意见前，没有发现参与 2025 年半年度 报告编制和审议的人员有违反保密规定的行为。 本公司监事会及全体监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。 东方明珠新媒体股份有限公司（以下简称"公司"）第十届监事 会第十三次会议通知于 2025 年 8 月 15 日以书面、电子邮件等方式 发出，于 2025 年 8 ...

Financial Performance - Total operating revenue for the first half of 2025 reached RMB 3,376,284,817.32, representing a 2.13% increase compared to RMB 3,305,924,581.70 in the same period last year[20] - Total profit for the period was RMB 461,587,114.97, a decrease of 12.19% from RMB 525,664,241.64 year-on-year[20] - Net profit attributable to shareholders was RMB 344,346,461.10, down 18.65% from RMB 423,308,022.91 in the previous year[20] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 265,939,081.27, a decline of 23.58% compared to RMB 348,002,864.20 last year[20] - Basic earnings per share decreased by 19.50% to CNY 0.1024 compared to the same period last year[21] - Diluted earnings per share also decreased by 19.50% to CNY 0.1024 compared to the same period last year[21] - The weighted average return on equity decreased by 0.28 percentage points to 1.1372% compared to the same period last year[21] - The company's operating revenue for the reporting period was approximately ¥3.38 billion, representing a year-on-year increase of 2.13% compared to ¥3.31 billion in the previous year[55] Cash Flow and Assets - The net cash flow from operating activities was RMB 505,593,853.35, a significant improvement from a negative RMB 297,932,680.01 in the previous year[20] - The company's cash and cash equivalents amounted to CNY 2,393,866,504.62, down from CNY 2,470,153,945.20, reflecting a decline of 3.1%[138] - The total assets amounted to CNY 42,944,693,576.99, down from CNY 43,581,314,485.45, a decrease of 1.46%[139] - The company's total current assets of CNY 16,952,229,996.68 as of June 30, 2025, a decrease of 4.88% from CNY 17,825,925,673.71 on December 31, 2024[138] - The company's long-term borrowings stood at CNY 924,405,559.53, an increase from CNY 865,064,271.45, reflecting a growth of 6.2%[139] Dividends and Shareholder Equity - The company plans to distribute a cash dividend of RMB 0.50 per share, totaling RMB 168,094,990.85, based on a total share capital of 3,361,899,817 shares[4] - The company has not implemented a capital reserve transfer to increase share capital for the half-year period[4] - The total equity attributable to the parent company at the end of the first half of 2025 is CNY 34,707,671,612.91, showing a slight decrease from CNY 34,732,050,864.54 at the end of the previous year[156] - The total owner's equity at the end of the current period is RMB 27,975,860,934.48, a decrease of RMB 413,241,157.70 compared to the previous period[160] User Growth and Market Position - The number of IPTV and OTT users reached 411 million, with a net increase of 3.156 million users in the first half of 2025[28] - The overall audience share for IPTV platforms reached 37.2%, with live broadcast share at 30.0% and interactive share at 7.1%[28] - The company has been recognized as one of the top 100 internet companies in China and has been included in the top 30 cultural enterprises for 14 consecutive years[26] - The company operates a leading all-channel video integration and distribution platform, enhancing user reach and digital empowerment[34] Business Segments and Innovations - The revenue from the Smart Broadcasting business was CNY 232,108.26 million, with a gross margin of 22.77%, reflecting a decrease of 2.35 percentage points compared to the previous year[59] - The revenue from the Cultural Consumption business was CNY 95,922.99 million, with a gross margin of 47.33%, down by 1.84 percentage points year-on-year[59] - The company is actively integrating AI and VR technologies into its operations, promoting the "cultural tourism + technology" model[29] - The company has established a digital supply chain system for fresh produce, resulting in significant growth in its own brand offerings during the reporting period[42] Challenges and Risks - The company is facing risks from macroeconomic fluctuations, regulatory policy changes, and market competition, which could impact its performance[79][80][81] - The company has faced challenges related to intellectual property rights, particularly concerning copyright infringement in the domestic market[84] - The company has experienced significant performance fluctuations in its subsidiaries, particularly Shanghai Oriental Pearl Industrial Development Co., Ltd., which reported a main business income of RMB 1,909.79 million but a loss of RMB 2,614.49 million due to accounting adjustments[77] Strategic Initiatives - The company is committed to enhancing its technological innovation capabilities to adapt to rapid changes in the media and entertainment industry, including the deployment of 5G and new technologies[82] - The company plans to increase its investment in Shanghai Dongfang Long New Media Co., Ltd. with a total capital increase of RMB 1.25 billion, where Shanghai Wen Guang Group will contribute RMB 650 million and the company will contribute RMB 600 million[104] - The company aims to optimize its industrial layout and improve asset operation efficiency by focusing on digitalization and cultural tourism sectors[45] Financial Management and Reporting - The company’s financial statements are prepared based on the assumption of going concern, indicating the ability to continue operations for the next 12 months[171] - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and performance[172] - The company prepares consolidated financial statements based on its own and subsidiaries' financial reports, reflecting the overall financial position, operating results, and cash flows of the entire corporate group[180]

东方明珠新媒体股份有限公司 关于上海文化广播影视集团财务有限公司 2025 年半年度风险持续评估报告 按照《上海证券交易所上市公司自律监管指引第 5 号——交易 与关联交易》的要求，东方明珠新媒体股份有限公司（以下简称"公 司"）通过查验上海文化广播影视集团财务有限公司（以下简 称"财务公司"）《金融许可证》《营业执照》等证件资料，并审阅 包括资产负债表、利润表、现金流量表等在内的财务公司的定期 财务报告，对财务公司的经营资质、业务和风险状况进行了评估， 现将有关风险评估情况报告如下： 一、财务公司的基本情况 公司名称：上海文化广播影视集团财务有限公司 企业性质：有限责任公司（国有控股） 法定代表人：钟璟 注册地址：中国（上海）自由贸易试验区世纪大道 1 号 3 幢 1 楼 金融许可证机构编码：L0250H231000001 统一社会信用代码：91310115MA1K3L3MXB 《营业执照》经营范围：依法须经批准的项目，经相关部门批准 后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件 为准；除依法须经批准的项目外，凭营业执照依法自主开展经营活动。 《金融许可证》业务范围：（一）吸收成员单位存款； ...

Group 1 - The core viewpoint of the article is that Oriental Pearl reported a revenue of 3.376 billion yuan for the first half of 2025, reflecting a year-on-year growth of 2.13% [1] - The net profit for the same period was 344 million yuan, showing a year-on-year decline of 18.65% [1] - The company plans to distribute a cash dividend of 0.50 yuan per share (including tax) to all shareholders registered on the equity registration date, totaling a cash dividend distribution of 168 million yuan (including tax) [1]

Market Overview - The television broadcasting sector experienced a decline of 0.53% on the previous trading day, with Dongfang Mingzhu leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Stock Performance - New Media Co. (300770) saw a significant increase in share price, closing at 47.68 with a rise of 10.75% and a trading volume of 268,900 shares, amounting to a transaction value of 1.309 billion yuan [1] - Jishi Media (601929) also performed well, closing at 4.02 with a gain of 10.14%, with a trading volume of 10.7645 million shares and a transaction value of 4.242 billion yuan [1] - Conversely, Dongfang Mingzhu (600637) led the decline, closing at 8.78 with a drop of 4.04%, with a trading volume of 1.1149 million shares and a transaction value of 1.002 billion yuan [2] Capital Flow - The television broadcasting sector saw a net inflow of 402 million yuan from institutional investors, while retail investors experienced a net outflow of 149 million yuan [2] - The capital flow data indicates that Jishi Media had a net inflow of 708 million yuan from institutional investors, representing 16.70% of its total trading volume [3] - In contrast, Hubei Broadcasting (000665) experienced a net outflow of 41.1251 million yuan from retail investors, indicating a negative sentiment among smaller investors [3]

Group 1 - The esports sector saw an increase of 1.85%, ranking 6th among concept sectors, with 26 stocks rising, including Yuntuo Holdings and 37 Interactive Entertainment hitting the daily limit [1] - Notable gainers included Kyeong Network, ST Zhongqingbao, and Giant Network, which rose by 4.66%, 3.62%, and 2.94% respectively [1] - The sector experienced a net inflow of 591 million yuan from main funds, with 15 stocks receiving net inflows, and 5 stocks exceeding 30 million yuan in net inflow [2] Group 2 - 37 Interactive Entertainment led the net inflow with 785 million yuan, followed by ST Huadong, Zhejiang Shuculture, and Oriental Pearl with net inflows of 191 million yuan, 69 million yuan, and 43 million yuan respectively [2] - The net inflow ratios for 37 Interactive Entertainment, ST Huadong, and Zhejiang Shuculture were 30.00%, 9.54%, and 6.21% respectively [3] - The trading volume for 37 Interactive Entertainment was 78.53 million yuan, with a turnover rate of 8.46% [3]

来源：choice金融终端 来源：上海证券报·中国证券网 | 序号 代码 | 名称 | 最新 | 涨幅% ↓ | 版 | | --- | --- | --- | --- | --- | | 1 | 002555 三七互娱 | 19.46 | 10.01 | 1.77 | | 2 | 002261 拓维信息 | 39.31 | 7.38 | 2.70 | | 3 | 300533 冰川网络 | 44.33 | 6.85 | 2.84 | | ব | 002558 巨人网络 | 32.13 | 3.91 | 1.21 | | 5 | 300052 ST中青宝 | 12.32 | 3.70 | 0.44 | | 6 | 600637 东方明珠 | 9.34 | 3.66 | 0.33 | | 7 | 600715 文投控股 | 2.61 | 3.16 | 0.08 | | 8 | 002624 完美世界 | 16.58 | 2.92 | 0.47 | 上证报中国证券网讯 8月26日早盘，游戏股表现活跃，截至9时36分，三七互娱涨停，拓维信息涨超 7%，冰川网络涨逾6%，巨人网络、完美世界等跟涨。 ...