Group 1 - On August 1, the financing buy-in amount for Oriental Pearl was 0.24 billion, ranking 666th in the two markets [1] - On the same day, the financing repayment amount was 0.30 billion, resulting in a net sell of 6.2372 million [1] - Over the last three trading days, the financing buy-in amounts were 0.31 billion, 0.21 billion, and 0.24 billion respectively [1] Group 2 - On August 1, the short selling amounted to 35,500 shares, with a net sell of 26,900 shares [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600996 | 贵广网络 | 8.20 | -0.61% | 16.89万 | 1.38亿 | | 601929 | 吉视传媒 | 1.93 | -0.52% | 199.29万 | 3.80亿 | | 834021 | 流金科技 | 7.64 | 0.00% | 12.67万 | 9676.48万 | | 300770 | 新媒股份 | 41.08 | 0.07% | 3.21万 | 1.31亿 | | 000917 | 电广传媒 | 7.72 | 0.26% | 31.57万 | 2.42亿 | | 000156 | 华数传媒 | 8.27 | 0.49% | 12.77万 | 1.05亿 | | 301551 | 元线传媒 | 49.52 | 0.55% | 1.76万 | 8635.46万 | | 600637 | 东方明珠 | 7.76 | 0.78% | 22.62万 | 1.74亿 | | 002238 | 天威视讯 | 8.82 ...

Core Viewpoint - The article discusses the cultural phenomenon surrounding the brand Mixue Ice City in Shanghai, highlighting its rise as a popular milk tea brand amidst humorous regional stereotypes and social media engagement, particularly in relation to the Oriental Pearl Tower [1][3][4]. Group 1: Brand Engagement and Cultural Impact - Mixue Ice City has become a trending topic in Shanghai, with its mascot "Xue Wang" gaining significant attention on social media, including a video that approached one million likes [1][3]. - The humorous narrative of "Oriental Pearl attacking Mixue Ice City" reflects a deeper cultural commentary on regional stereotypes and the juxtaposition of low-cost brands against Shanghai's high-end consumer culture [4][8]. - The brand's popularity has led to a surge in social media posts featuring customers enjoying Mixue Ice City products at iconic Shanghai locations, indicating its status as a must-visit spot [23][25]. Group 2: Market Strategy and Expansion - Mixue Ice City has strategically expanded into Shanghai, initially focusing on non-core urban areas before moving into prime locations, which has been a significant aspect of its growth strategy [48][50]. - The brand's pricing strategy has been adjusted in response to the competitive landscape in Shanghai, with recent price increases reflecting the challenges of operating in a high-cost environment [54][56]. - The article notes that the brand's expansion is driven more by population density than economic indicators, suggesting a unique market positioning that prioritizes accessibility over traditional economic metrics [57][61].

Core Viewpoint - Conflux is a high-performance public blockchain system developed in China, positioned in the top tier of international competition, with the upcoming launch of Conflux 3.0 expected to enhance transaction processing capacity to 15,000 TPS and natively support AI agents on-chain [3][4]. Group 1: Technology and Infrastructure - Conflux 3.0 will significantly improve transaction processing capabilities to 15,000 TPS, enhancing its competitiveness in the blockchain space [3][4]. - The BSIM card technology, developed in collaboration with China Telecom and Conflux, addresses digital identity authentication and user private key management through physical-level security [5][7]. - The BSIM card is based on the new Henghui eSIM physical architecture, which upgrades storage and encryption modules while reusing the existing SM-DP+ system for blockchain configuration [7]. Group 2: Digital Assets and Applications - The subsidiary Star Map Bit has partnered with Conflux to monopolize cultural relics NFT certification, leveraging policy support and scarce IP resources to become a core player in Shanghai's metaverse sector [8]. - The financial application of Conflux includes the issuance of AXCNH offshore RMB stablecoin, with ongoing efforts to secure a license in Hong Kong, benefiting from Shanghai's state-owned background and policy advantages [9][10].

Core Insights - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of July 11, 2025, highlighting significant players in the industry [1]. Group 1: Top Companies by Market Capitalization - TSMC leads the list with a market capitalization of approximately $11,916.56 million [3]. - Tencent Holdings ranks second with a market capitalization of about $5,885.24 million [3]. - Alibaba is in third place with a market capitalization of around $2,544.49 million [3]. - Pinduoduo follows in fourth place with a market capitalization of $1,490.20 million [3]. - Meituan and NetEase are also notable, with market capitalizations of $947.31 million and $807.83 million, respectively [3][4]. Group 2: Additional Notable Companies - Semiconductor Manufacturing International Corporation (SMIC) has a market capitalization of $472.08 million, ranking eighth [4]. - JD.com and Tencent Music are positioned ninth and tenth, with market capitalizations of $450.04 million and $309.78 million, respectively [4]. - Baidu and Li Auto are also significant players, with market capitalizations of $304.03 million and $291.16 million [4]. Group 3: Emerging and Smaller Companies - Companies like Xpeng Motors and ZTO Express have market capitalizations of $166.15 million and $154.59 million, respectively [4]. - Other companies in the list include iFlytek with $149.34 million and Baosight Software with $95.10 million [4][5]. - The list also features companies like Kingdee International and Wancloud Data, with market capitalizations of $70.72 million and $67.09 million, respectively [5].

证券代码：600637 证券简称：东方明珠 公告编号：临 2025-020 东方明珠新媒体股份有限公司 2024年年度权益分派实施公告 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： 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经东方明珠新媒体股份有限公司（以下简称"公 司"）2025 年 6 月 18 日召开的2024年年度股东大会审议通过。 二、 分配方案 （一）发放年度：2024年年度 （二）分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结 算有限责任公司上海分公司（以下简称"中国结算上海分公司"）登记 在册的本公司全体股东。 每股分配比例 A 股每股现金红利0.18元 相关日期 （三）分配方案： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/7/15 | － | 2025/7/16 | 2025/7/16 | 差异化分红送转： 否 本次利润分 ...

Core Viewpoint - The company has issued a correction to its 2024 annual report, specifically regarding the data on major suppliers, which was found to be incorrect due to staff oversight. The correction does not impact the company's financial status or operational results for the year [1][2]. Summary by Sections Major Supplier Information - The procurement amount from the top five suppliers was corrected from 364.4582 million yuan, which accounted for 6.58% of the total annual procurement, to 341.3236 million yuan, now representing 6.16% of the total annual procurement [1][2]. - The procurement amount from related parties within the top five suppliers remains unchanged at 162.9462 million yuan, which constitutes 2.94% of the total annual procurement [1][2]. Additional Information - Aside from the corrected data, all other contents of the 2024 annual report remain unchanged. The company has expressed apologies for any inconvenience caused to investors and has committed to enhancing the quality of information disclosure in future reports [2].

[Definitions](index=4&type=section&id=第一节%20释义) This chapter provides explanations of professional terms and company abbreviations used in the report, offering a foundational understanding for investors - This section clarifies professional terms and company abbreviations, providing a foundational understanding for report readers[11](index=11&type=chunk) [Company Profile and Core Financial Data](index=5&type=section&id=第二节%20公司简介和主要财务指标) This section presents the company's key accounting data and financial indicators, including annual and quarterly performance, and an analysis of non-recurring gains and losses [Key Accounting Data and Financial Indicators](index=6&type=section&id=七、近三年主要会计数据和财务指标) In 2024, operating revenue decreased by 3.45% to **RMB 7.698 billion**, while net profit attributable to shareholders increased by 11.11% to **RMB 669 million**, primarily due to non-recurring gains and losses Key Accounting Data for 2024 | Indicator | 2024 (RMB) | 2023 (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | **Operating Revenue** | 7,697,919,104.81 | 7,973,350,186.01 | -3.45% | | **Net Profit Attributable to Shareholders** | 668,712,124.82 | 601,868,659.87 | 11.11% | | **Net Profit Attributable to Shareholders After Deducting Non-Recurring Gains and Losses** | 263,318,942.68 | 327,826,113.42 | -19.68% | | **Net Cash Flow from Operating Activities** | 1,004,538,861.35 | 1,637,973,014.55 | -38.67% | | **Net Assets Attributable to Shareholders (Period-End)** | 29,930,453,764.30 | 29,639,657,077.38 | 0.98% | | **Total Assets (Period-End)** | 43,581,314,485.45 | 44,139,984,573.04 | -1.27% | Key Financial Indicators for 2024 | Key Financial Indicator | 2024 | 2023 | YoY Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (RMB/share) | 0.1989 | 0.1790 | 11.12% | | Basic Earnings Per Share After Deducting Non-Recurring Gains and Losses (RMB/share) | 0.0783 | 0.0975 | -19.69% | | Weighted Average Return on Net Assets (%) | 2.2470 | 2.0488 | Increased by 0.20 percentage points | | Weighted Average Return on Net Assets After Deducting Non-Recurring Gains and Losses (%) | 0.8848 | 1.1160 | Decreased by 0.23 percentage points | [Quarterly Financial Data](index=7&type=section&id=九、2024%20年分季度主要财务数据) Quarterly revenue in 2024 showed sequential growth, peaking at **RMB 2.51 billion** in Q4, though Q4 net profit and non-recurring net profit were negative, while operating cash flow rebounded strongly in Q4 2024 Quarterly Key Financial Data (RMB) | Indicator | Q1 | Q2 | Q3 | Q4 | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 1,594,904,179.66 | 1,711,020,402.04 | 1,881,808,024.62 | 2,510,186,498.49 | | **Net Profit Attributable to Shareholders** | 118,615,608.40 | 304,692,414.51 | 295,459,873.28 | -50,055,771.37 | | **Net Profit After Deducting Non-Recurring Gains and Losses** | 93,059,533.79 | 254,943,330.41 | 180,146,285.46 | -264,830,206.98 | | **Net Cash Flow from Operating Activities** | -592,154,270.54 | 294,221,590.53 | 307,342,331.74 | 995,129,209.62 | [Non-Recurring Gains and Losses Analysis](index=7&type=section&id=十、非经常性损益项目和金额) Total non-recurring gains and losses in 2024 significantly increased to **RMB 405 million**, primarily driven by entrusted investment gains, fair value changes in financial assets, and a **RMB 136 million** reversal of inventory impairment provisions Key Non-Recurring Gains and Losses Items for 2024 (RMB) | Non-Recurring Gains and Losses Item | 2024 Amount | | :--- | :--- | | Gains/Losses from Entrusted Investment or Asset Management | 154,810,112.19 | | Other Gains/Losses Defined as Non-Recurring | 137,126,412.98 | | Gains/Losses from Fair Value Changes and Disposal of Financial Assets and Liabilities | 128,462,688.60 | | Government Grants | 71,260,278.66 | | **Total** | **405,393,182.14** | - Among other non-recurring items, **RMB 136 million** primarily resulted from the reversal of inventory impairment provisions due to a settlement with a client regarding historical film and television business[25](index=25&type=chunk) [Management Discussion and Analysis (MD&A)](index=9&type=section&id=第三节%20管理层讨论与分析) This section provides management's discussion and analysis of the company's industry landscape, business operations, core competencies, financial performance, investment activities, and future outlook and risks [Industry Landscape and Operating Environment](index=9&type=section&id=二、报告期内公司所处行业情况) The company's industries are undergoing profound transformation, with media and smart broadcasting embracing digital and intelligent integration, while the consumer sector, particularly culture and tourism, shows robust growth driven by digital technology - Mainstream media faces systemic transformation, with national policies promoting integrated media systems emphasizing digitalization, networking, and intelligent trends[29](index=29&type=chunk) - The smart broadcasting industry ecosystem is optimizing, with national IPTV users reaching a record **408 million** by the end of 2024, and rapid growth in broadcasting 5G services[30](index=30&type=chunk) - The consumer sector, especially culture, tourism, exhibitions, and performances, continues to thrive, with domestic tourism increasing by **14.8%** in 2024 and deepening integration with digital technologies[31](index=31&type=chunk) [Company's Main Business Overview](index=10&type=section&id=三、报告期内公司从事的业务情况) The company's main businesses are Smart Broadcasting, including integrated media and 5G services, and Cultural Consumption, leveraging landmark resources for tourism, retail, and cultural real estate, forming an online-offline integrated value chain - **Smart Broadcasting Business**: Encompasses integrated media (cable TV, IPTV, OTT, content production/distribution, gaming) and smart broadcasting 5G services, aiming for a full-service operator transformation[32](index=32&type=chunk)[33](index=33&type=chunk) - **Cultural Consumption Business**: Includes cultural tourism (Oriental Pearl TV Tower, Mercedes-Benz Arena operations), video retail, and cultural real estate (industrial park development/operation), catering to quality lifestyle demands[32](index=32&type=chunk)[33](index=33&type=chunk) [Core Competitiveness Analysis](index=10&type=section&id=四、报告期内核心竞争力分析) The company's core competencies include an integrated online-offline value chain, unique Shanghai cultural tourism landmarks, comprehensive multi-platform operating licenses, extensive channel traffic entry points, 804 intellectual property rights for media convergence, and strong synergistic support from its controlling shareholder - The company boasts a full industry chain layout, integrating online (hundreds of millions of users) and offline (tens of millions of reception capacity) resources for seamless multi-screen and online-offline connectivity[35](index=35&type=chunk)[36](index=36&type=chunk)[39](index=39&type=chunk) - The company possesses rare landmark cultural tourism resources in Shanghai, such as the Oriental Pearl TV Tower and Mercedes-Benz Arena, forming strong market competitive barriers[37](index=37&type=chunk) - The company holds comprehensive operating licenses, including national licenses for IPTV, internet TV, digital pay TV, and mobile TV[38](index=38&type=chunk) - The company has deep technological R&D accumulation, holding **804** intellectual property rights, including **170** patents and **634** software copyrights, actively leveraging AI and big data to empower its businesses[40](index=40&type=chunk) [2024 Annual Operating Performance Review](index=39&type=section&id=五、报告期内主要经营情况) In 2024, the company achieved **RMB 7.698 billion** in revenue and **RMB 669 million** in net profit attributable to shareholders, driven by growing Smart Broadcasting user bases and cultural consumption business innovations including new cultural real estate projects 2024 Key Operating Data | Business Segment | Key Indicator | 2024 Status | | :--- | :--- | :--- | | **Integrated Media** | IPTV Users | Over 61 million users | | | OTT Users | Over 110 million users | | **Smart Broadcasting 5G** | 5G Users | Over 2.35 million users | - In content creation, the dance drama film 'The Eternal Wave' premiered at the Shanghai International Film Festival, and several series like 'Zichuan: Three Bright Heroes' were broadcast[74](index=74&type=chunk) - Significant progress was made in cultural real estate, with key projects like Oriental Smart Media City and Lingang Film Base becoming operational, the former positioned as a national-level audio-visual industry cluster and AI ecosystem base[79](index=79&type=chunk) - The company accelerates digital capability building, implementing AI and big data technologies across integrated media, smart broadcasting, retail, and tourism business lines[80](index=80&type=chunk) [Income Statement and Cash Flow Statement Analysis](index=41&type=section&id=(一)主营业务分析%201、%20利润表及现金流量表相关科目变动分析表) Revenue declined due to lower IPTV settlement prices and fewer real estate deliveries, while operating costs rose from 5G expansion; operating cash flow significantly decreased by **38.67%** due to reduced collections, and both investing and financing cash outflows expanded 2024 Income Statement and Cash Flow Statement Key Item Changes | Item | Current Period (RMB) | Prior Period (RMB) | Change (%) | Explanation of Change | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 7,697,919,104.81 | 7,973,350,186.01 | -3.45 | Decrease in IPTV business settlement unit price, reduction in retail and real estate business revenue | | **Operating Cost** | 5,537,952,702.52 | 5,415,270,517.64 | 2.27 | Increase in costs due to expansion of Smart Broadcasting 5G business | | **R&D Expenses** | 217,529,919.68 | 190,181,357.71 | 14.38 | Increase in R&D personnel labor costs and equipment leasing fees | | **Net Cash Flow from Operating Activities** | 1,004,538,861.35 | 1,637,973,014.55 | -38.67 | Decrease in cash collection from IPTV, retail, and real estate businesses | | **Net Cash Flow from Investing Activities** | -4,723,050,119.01 | -1,347,135,539.50 | Not Applicable | Increase in wealth management of idle funds, equity investments, and long-term asset investments | | **Net Cash Flow from Financing Activities** | -1,628,365,906.23 | -180,831,162.84 | Not Applicable | Increase in repayment of bank loans year-on-year | [Segment Revenue and Cost Analysis](index=42&type=section&id=(一)主营业务分析%202、%20收入和成本分析) Smart Broadcasting revenue slightly increased by **0.36%** but gross margin declined by **2.86** percentage points, while Cultural Consumption revenue decreased by **12.05%** with a **4.00** percentage point gross margin drop, primarily due to a **34.15%** revenue decline and **25.45** percentage point gross margin plunge in cultural real estate 2024 Main Business Segment Performance (RMB 10,000) | Segment | Operating Revenue (RMB 10,000) | Revenue YoY (%) | Gross Margin (%) | Gross Margin YoY Change (pp) | | :--- | :--- | :--- | :--- | :--- | | **Smart Broadcasting Business** | **522,864.09** | **0.36%** | **21.29%** | **-2.86** | | Integrated Media Business | 175,265.37 | -16.33% | 25.91% | -6.96 | | Smart Broadcasting 5G Business | 347,598.72 | 11.57% | 18.97% | +0.68 | | **Cultural Consumption Business** | **212,840.88** | **-12.05%** | **46.32%** | **-4.00** | | Cultural Tourism Business | 146,760.38 | 0.35% | 48.66% | +1.95 | | Retail Business | 32,721.63 | -27.44% | 61.33% | -4.72 | | Cultural Real Estate Business | 33,358.87 | -34.15% | 21.32% | -25.45 | [R&D Investment Analysis](index=44&type=section&id=(一)主营业务分析%204、%20研发投入) In 2024, total R&D investment was **RMB 218 million**, fully expensed, increasing by **14.38%** and representing **2.83%** of revenue, focusing on media convergence, 5G, digital transformation, and AI applications, supported by **519** R&D personnel 2024 R&D Investment Overview | Indicator | Amount/Ratio | | :--- | :--- | | Expensed R&D Investment (RMB) | 217,529,919.68 | | Total R&D Investment (RMB) | 217,529,919.68 | | R&D Investment as % of Revenue | 2.83% | | Number of R&D Personnel (persons) | 519 | | % of R&D Personnel | 8.21% | - Key R&D areas include: advancing media convergence (e.g., 'Broadcasting + Education'), 5G network construction, digital transformation of cultural consumption (e.g., Oriental Pearl Tower smart entity), technical security, and AIGC technology upgrades[94](index=94&type=chunk)[95](index=95&type=chunk)[96](index=96&type=chunk) [Investment Status Analysis](index=49&type=section&id=(五)投资状况分析) New external equity investments totaled **RMB 915 million**, up **52.75%**, including **RMB 600 million** in Shanghai Oriental Dragon New Media and **RMB 315 million** in Shanghai Oriental Smart Media City Economic Development, while the company terminated the Gaia Interactive overseas listing plan; fair value financial assets totaled **RMB 9.636 billion** at year-end - The company invested an additional **RMB 600 million** in associate Shanghai Oriental Dragon New Media Co., Ltd., strengthening its mobile product layout, with its stake increasing to **48.8883%** post-investment[109](index=109&type=chunk)[110](index=110&type=chunk)[111](index=111&type=chunk) - The company invested **RMB 315 million** with other parties to establish Shanghai Oriental Smart Media City Economic Development Co., Ltd., holding a **50%** stake for industrial park development and operation[111](index=111&type=chunk) - The company ceased efforts to advance Gaia Interactive's equity restructuring for overseas listing and initiated litigation over equity transfer disputes, with a claim amount of approximately **RMB 1.184 billion**[245](index=245&type=chunk)[246](index=246&type=chunk) Period-End Key Financial Assets Measured at Fair Value (RMB 10,000) | Asset Category | Period-End Book Value (RMB 10,000) | | :--- | :--- | | Stocks | 111,177.19 | | Private Equity Funds | 14,722.87 | | Other (primarily bank wealth management products) | 837,676.67 | | **Total** | **963,576.73** | [Future Development Outlook and Risks](index=53&type=section&id=六、公司关于公司未来发展的讨论与分析) The company aims to become a leading digital cultural media service group, focusing on Smart Broadcasting and Cultural Consumption, advancing media convergence, 5G, and digital upgrades, while identifying key risks including macroeconomic fluctuations, regulatory changes, market competition, technological upgrades, talent loss, and intellectual property infringement - **Development Strategy**: Focus on Smart Broadcasting and Cultural Consumption, building new productive forces through digital transformation to enhance core business capabilities, improve digital efficiency, and achieve sustained economic growth[135](index=135&type=chunk) - **Operating Plan**: In 2025, focus on media convergence innovation, enhancing 5G network capabilities, developing the live streaming economy, deepening digital upgrades for cultural tourism, and fostering industrial ecosystems for cultural real estate[139](index=139&type=chunk)[142](index=142&type=chunk)[144](index=144&type=chunk)[145](index=145&type=chunk)[146](index=146&type=chunk) - **Key Risks**: The company faces multiple risks including macroeconomic fluctuations, regulatory changes, intensified market competition, technological upgrades, talent loss, and intellectual property infringement[151](index=151&type=chunk)[152](index=152&type=chunk)[153](index=153&type=chunk)[154](index=154&type=chunk)[155](index=155&type=chunk)[156](index=156&type=chunk) [Corporate Governance](index=59&type=section&id=第四节%20公司治理) This section details the company's corporate governance structure, shareholder meeting activities, changes in directors, supervisors, and senior management, and the proposed profit distribution plan [Overview of Corporate Governance](index=59&type=section&id=一、公司治理相关情况说明) During the reporting period, the company strictly adhered to laws and regulations, continuously improving its corporate governance structure, ensuring compliance in shareholder relations, board and supervisory board operations, information disclosure, and maintaining independence in assets, personnel, finance, organization, and business - The company's corporate governance structure is robust, complying with relevant laws and regulations across shareholder relations, board and supervisory board functions, and information disclosure[159](index=159&type=chunk)[160](index=160&type=chunk)[161](index=161&type=chunk) - The company maintains 'five separations and five independences' from its controlling shareholder in assets, personnel, finance, organization, and business, ensuring its independence as a listed company[163](index=163&type=chunk) [Shareholder Meeting Convening Status](index=60&type=section&id=三、股东大会情况简介) During the reporting period, the company convened three shareholder meetings, including two extraordinary general meetings and one annual general meeting, approving significant proposals such as related party transactions, profit distribution, governance rule revisions, and auditor changes - The company held three shareholder meetings on April 3, June 17, and December 10, 2024[164](index=164&type=chunk) [Directors, Supervisors, and Senior Management Status](index=62&type=section&id=四、董事、监事和高级管理人员的情况) During the reporting period, there were changes in directors, supervisors, and senior management, with Chairman Shen Jun, Vice Chairman and President Liu Xiaofeng, and Director Zhong Jing departing due to work reassignments, and Vice President Tian Peijie resigning; Mr. Song Jiongming was elected as the new Chairman, and several senior executives increased their shareholdings, demonstrating confidence in the company's future - Significant personnel changes occurred during the reporting period: Chairman Shen Jun, Vice Chairman and President Liu Xiaofeng, and Director Zhong Jing resigned, and Song Jiongming was elected as the new Chairman[178](index=178&type=chunk)[179](index=179&type=chunk) - Several senior executives increased their company shareholdings through the secondary market during and after the reporting period, totaling over **220,000** shares[167](index=167&type=chunk)[168](index=168&type=chunk) [Profit Distribution Plan](index=76&type=section&id=十、利润分配或资本公积金转增预案) The company proposed a 2024 profit distribution plan of **RMB 1.80** cash dividend per 10 shares (tax inclusive), totaling **RMB 605 million**, representing **90.49%** of net profit attributable to shareholders, demonstrating a strong commitment to shareholder returns, with an additional interim dividend planned for 2025 2024 Profit Distribution Plan | Item | Amount/Ratio | | :--- | :--- | | Cash Dividend Per 10 Shares (RMB) (tax inclusive) | 1.80 | | Total Cash Dividend (RMB) (tax inclusive) | 605,141,967.06 | | Cash Dividend as % of Net Profit Attributable to Shareholders | 90.49% | - The company plans an additional interim dividend during the 2025 semi-annual or Q3 report disclosure period, with the interim dividend capped at **100%** of net profit attributable to shareholders for the respective period[195](index=195&type=chunk) [Environmental, Social, and Governance (ESG)](index=79&type=section&id=第五节%20环境与社会责任) This section outlines the company's commitments and actions in environmental protection, social responsibility initiatives, and contributions to rural revitalization efforts [Environmental Responsibility](index=79&type=section&id=一、环境信息情况) The company prioritizes environmental protection, investing **RMB 100,000** in 2024, reducing carbon emissions by optimizing IDC cabinet configurations and enhancing office energy management, resulting in a **2 million** kWh reduction in electricity consumption and **840** tons of CO2 emissions, earning government energy-saving awards - Through optimizing IDC cabinet configurations and enhancing cloud storage, the company reduced annual electricity consumption by approximately **2 million** kWh, equivalent to a **840**-ton reduction in carbon dioxide emissions[206](index=206&type=chunk) - The company was recognized as an advanced energy-saving unit by the Xuhui District Development and Reform Commission for its outstanding energy conservation efforts, receiving a government award of **RMB 90,000**[205](index=205&type=chunk) [Social Responsibility](index=79&type=section&id=二、社会责任工作情况) The company actively fulfills social responsibilities with an annual investment of **RMB 208,400**, benefiting over **2,600** people through initiatives like accessible audio-visual platforms, senior care programs, and hosting numerous public welfare events at landmark venues, including free access for military personnel - The company developed a high-quality accessible audio-visual TV service platform, leveraging AI to enhance the user experience for people with disabilities, helping to bridge the 'audio-visual information gap'[208](index=208&type=chunk) - Focusing on the silver economy, the company hosted the '2024 Silver Lifestyle Festival,' completed aging-in-place renovations for **809** households, and launched the 'Elderly Club' mini-program, providing one-stop lifestyle services for seniors[209](index=209&type=chunk)[210](index=210&type=chunk) - The company utilized its landmark resources to host **15** public welfare events, waiving **RMB 9.95 million** in venue fees, and provided free admission for active military personnel and martyrs' families, totaling approximately **RMB 6.59 million**[217](index=217&type=chunk) [Rural Revitalization](index=84&type=section&id=三、巩固拓展脱贫攻坚成果、乡村振兴等工作具体情况) The company actively contributes to rural revitalization with an annual investment of **RMB 13.452 million**, benefiting over **45,000** people; its subsidiary Oriental Cable invested over **RMB 13.4 million** in suburban network and smart village projects, while Oriental Digital Shopping facilitated **RMB 52.751 million** in agricultural and cultural tourism product sales - Its subsidiary, Oriental Cable, invested over **RMB 13.4 million** in smart village top-level design and digital infrastructure construction, providing high-quality network products and services to villages and towns[227](index=227&type=chunk) - Through industrial poverty alleviation, the Oriental Digital Shopping rural revitalization project helped local enterprises sell agricultural and cultural tourism products, achieving sales of **RMB 52.751 million**[226](index=226&type=chunk) [Significant Matters](index=86&type=section&id=第六节%20重要事项) This section covers significant events including major related party transactions, the status of significant contracts, and the company's external guarantees and wealth management activities [Significant Related Party Transactions](index=90&type=section&id=十二、重大关联交易) During the reporting period, the company experienced multiple significant related party transactions, including a joint capital increase of **RMB 600 million** with its controlling shareholder in Shanghai Oriental Dragon New Media Co., Ltd., followed by the company waiving its pre-emptive right, diluting its stake to **33.8504%**, and ongoing financial service transactions with an affiliated finance company - The company and its controlling shareholder jointly invested in Shanghai Oriental Dragon New Media Co., Ltd., with the company contributing **RMB 600 million**, resulting in a **48.8883%** stake post-investment[241](index=241&type=chunk)[242](index=242&type=chunk) - The company waived its pro-rata pre-emptive right for subsequent capital increases in Shanghai Oriental Dragon New Media Co., Ltd., resulting in its stake decreasing to **33.8504%** after the capital increase[243](index=243&type=chunk) - The company continues to conduct financial business with its related party, Shanghai Media Group Finance Co., Ltd., with deposit balances of **RMB 1.484 billion** and loan balances of **RMB 278 million** at period-end[253](index=253&type=chunk)[745](index=745&type=chunk) [Significant Contracts and Performance](index=95&type=section&id=十三、重大合同及其履行情况) At period-end, the company's external guarantees totaled **RMB 130 million**, primarily for subsidiaries; it actively managed idle funds, with **RMB 7.82 billion** in outstanding bank wealth management products and **RMB 199 million** in outstanding entrusted loans Period-End Guarantee Status | Guarantee Type | Total Guarantee Amount (RMB) | % of Company's Net Assets | | :--- | :--- | :--- | | Guarantees for Subsidiaries | 130,050,000.00 | 0.43% | Period-End Entrusted Wealth Management and Loan Status | Item | Outstanding Balance (RMB) | | :--- | :--- | | Bank Wealth Management Products | 7,820,000,000.00 | | Entrusted Loans | 199,000,000.00 | [Share Changes and Shareholder Structure](index=102&type=section&id=第七节%20股份变动及股东情况) This section details changes in the company's share capital, the total number of shareholders, and the composition of its major shareholders and actual controller [Share Capital Change Status](index=102&type=section&id=一、股本变动情况) During the reporting period, the company's total share capital decreased from **3.415 billion** shares to **3.362 billion** shares, primarily due to the cancellation of **52,600,384** previously repurchased shares in February 2024 - The company's total share capital decreased from **3,414,500,201** shares to **3,361,899,817** shares, a reduction of **52,600,384** shares[269](index=269&type=chunk) - The decrease in share capital was due to the company canceling all shares in its dedicated repurchase securities account[270](index=270&type=chunk)[271](index=271&type=chunk) [Shareholders and Actual Controller](index=103&type=section&id=三、股东和实际控制人情况) As of the reporting period end, the company had **136,416** shareholders; its controlling shareholder is Shanghai Media Group Co., Ltd. with a **46.69%** stake, and the actual controller is Shanghai State-owned Assets Supervision and Administration Commission, with other top shareholders including Hong Kong Securities Clearing Company and Central Huijin Top Five Shareholders' Holdings as of Report End | Shareholder Name | Number of Shares Held (shares) | % of Total Share Capital | | :--- | :--- | :--- | | Shanghai Media Group Co., Ltd. | 1,569,830,431 | 46.69% | | Hong Kong Securities Clearing Company Limited | 47,053,950 | 1.40% | | Central Huijin Asset Management Co., Ltd. | 33,748,834 | 1.00% | | CSI 500 ETF | 28,285,457 | 0.84% | | Shanghai Jiushi Sports Asset Management Co., Ltd. | 22,551,658 | 0.67% | - The company's controlling shareholder is Shanghai Media Group Co., Ltd., and its actual controller is the Shanghai State-owned Assets Supervision and Administration Commission[278](index=278&type=chunk)[279](index=279&type=chunk) [Preferred Shares Status](index=109&type=section&id=第八节%20优先股相关情况) The company had no preferred shares during the reporting period - The company had no preferred shares during the reporting period[285](index=285&type=chunk) [Bonds Status](index=110&type=section&id=第九节%20债券相关情况) The company had no corporate bonds, enterprise bonds, non-financial enterprise debt financing instruments, or convertible corporate bonds during the reporting period - The company had no corporate bonds, enterprise bonds, non-financial enterprise debt financing instruments, or convertible corporate bonds during the reporting period[287](index=287&type=chunk) [Financial Report](index=111&type=section&id=第十节%20财务报告) This section presents the company's audited financial statements, including the audit opinion and key audit matters identified by the independent auditor [Audit Report](index=111&type=section&id=一、审计报告) Tianjian Certified Public Accountants issued a standard unqualified audit opinion on the company's 2024 financial statements, with key audit matters identified as revenue recognition and goodwill impairment - Audit Opinion Type: Standard Unqualified Opinion[289](index=289&type=chunk) - **Key Audit Matter 1: Revenue Recognition**. Reason: Operating revenue is a key performance indicator, with inherent risk of management inappropriately recognizing revenue to achieve specific targets. Audit Response: Understand and test internal controls, examine sales contracts, perform analytical procedures, detail testing, and cut-off testing[291](index=291&type=chunk) - **Key Audit Matter 2: Goodwill Impairment**. Reason: Goodwill is material (period-end book value of **RMB 299 million**), and impairment testing involves significant management judgment. Audit Response: Understand and test internal controls, review cash flow forecasts, assess external appraiser capabilities, and review appraisal reports and key assumptions[291](index=291&type=chunk)[292](index=292&type=chunk)[293](index=293&type=chunk)

证券代码：600637 证券简称：东方明珠 公告编号：临 2025-019 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。 东方明珠新媒体股份有限公司（以下简称"公司"）于 2025 年 4 月 19 日在上海证券交易所官网（www.sse.com.cn）及公司指定信 息披露媒体上披露了公司 2024 年年度报告。事后核查发现，因工作 人员疏忽，前述报告"第三节管理层讨论与分析"之"五、报告期内 主要经营情况"之"（一）主营业务分析"之"2、收入和成本分析" 之"（7）.主要销售客户及主要供应商情况"的公司主要供应商情况 的数据统计有误，现对相关内容予以更正。本次更正不会对公司 2024 年度财务状况及经营成果产生影响。具体情况如下： 更正前： B.公司主要供应商情况 √适用□不适用 前五名供应商采购额 36,445.82 万元，占年度采购总额 6.58%； 其中前五名供应商采购额中关联方采购额 16,294.62 万元，占年度采 购总额 2.94%。 东方明珠新媒体股份有限公司 关于 2024 年年度报告的更正公告 更正后 ...

Core Points - The event held at the China Art Palace featured a special screening of the documentary "Wu Dak," aimed at providing an accessible viewing experience for visually and hearing-impaired individuals [1] - Approximately 70 visually and hearing-impaired individuals attended the screening alongside 150 other audience members, utilizing various accessibility aids such as sign language translation and subtitles [1] - The event highlighted the importance of inclusivity in cultural experiences, with emotional responses from the director, Chen Qing, reflecting the significance of presenting cultural heritage to all [1][2] Group 1 - The screening was part of the Shanghai TV Festival's "Bai Yu Lan" offline public welfare event, organized by Baishitong [1] - The event featured volunteers assisting visually impaired attendees, showcasing community involvement and support for accessibility initiatives [1] - The Shanghai IPTV platform updated and launched 18 pieces of accessible audiovisual content during the festival, enhancing home viewing options for visually and hearing-impaired users [1] Group 2 - Baishitong has collaborated with SMG to develop a high-quality accessible audiovisual television service platform, incorporating features like screen readers and voice control [1] - The accessible program production platform has evolved to efficiently generate emotionally expressive audio readings, increasing the supply of accessible content [1] - The initiative aims to bridge the gap for individuals who face barriers in experiencing cultural heritage, emphasizing the importance of making history visible and audible [2]