（即 2025 年 6 月 27 日至 2026 年 6 月 26 日）。 具体内容详见公司于 2025 年 7 月 5 日披露的《新国脉数字文化股 份有限公司关于以集中竞价方式回购股份的回购报告书》（公告编号： 临 2025-021）。 二、 回购股份的进展情况 证券代码：600640 证券简称：国脉文化 公告编号：2025-031 新国脉数字文化股份有限公司 关于股份回购的进展公告 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： | 回购方案首次披露日 | 2025/5/13 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 6 6 | 27 | 日~2026 | 年 | 月 | 26 | 日 | | 预计回购金额 | 5,000万元~10,000万元 | | | | | | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 | | | | | | | | | □用于转 ...

Market Overview - On October 10, the digital media sector declined by 2.0%, with ZhiDeMai leading the drop [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - Notable stock performances included: - Vision China (000681) rose by 3.11% to close at 23.21 [1] - ZhiDeMai (300785) fell by 7.53% to close at 36.70, with a trading volume of 153,300 shares and a turnover of 574 million yuan [2] - Mango Super Media (300413) decreased by 5.12% to 31.66, with a trading volume of 240,200 shares and a turnover of 775 million yuan [2] - The overall trading volume and turnover for the digital media sector indicated significant activity, with ZhiDeMai and Mango Super Media being among the most traded stocks [2] Capital Flow - The digital media sector experienced a net outflow of 194 million yuan from institutional investors, while retail investors saw a net inflow of 228 million yuan [2][3] - Specific stock capital flows showed: - Vision China had a net inflow of 24.47 million yuan from institutional investors [3] - ZhiDeMai experienced a net outflow of 1.28 million yuan from institutional investors but a net inflow of 47.06 million yuan from retail investors [3] - ST Fanli (600228) faced a significant net outflow of 13.27 million yuan from institutional investors, despite a net inflow from retail investors [3]

Investment Rating - The industry investment rating is "Positive" [3] Core Views - The semiconductor industry is experiencing strong demand, driven by the ongoing domestic substitution and the global AI wave, which is pushing high-end chip and related manufacturing demand to remain robust [24][28] - The storage chip sector is entering a new upcycle, with DRAM prices showing a strong upward trend due to high demand from AI servers, next-generation PCs, and data centers [26][27] - The "domestic substitution" has shifted from an optional strategy to a necessary one, creating a highly certain domestic market for equipment and materials companies, which can withstand global cyclical fluctuations [4][30] Summary by Sections Weekly Market Review - The market continued a weak oscillation pattern from September 22 to 26, with the Shanghai Composite Index rising by 0.21% to 3828.11 points, the Shenzhen Component Index rising by 1.06% to 13209.00 points, and the ChiNext Index rising by 1.96% to 3151.53 points [8][10] - The semiconductor equipment ETF surged nearly 8% on September 23, with significant gains in semiconductor stocks, including Changchuan Technology and Shengmei Shanghai, which rose over 10% [31] Industry Data Tracking - The consumer electronics sector may face slowing growth in mobile phone sales, while domestic demand remains stable due to policies like "national subsidies" [20] - The semiconductor industry is currently seeing robust demand, with domestic semiconductor equipment demand remaining strong [24] - The storage chip industry is entering a new upcycle, with DRAM prices reflecting strong demand for high-performance memory [26][27] Investment Recommendations - Focus on companies that achieve technological breakthroughs in key areas and have entered the mainstream chip manufacturing supply chain, as they are likely to be the foundation for China's semiconductor industry [30] - The TMT sector is expected to be a market leader due to its high growth potential and rich themes, especially in semiconductor and AI fields [5][30] Industry News and Important Announcements - Major positive developments in the semiconductor sector include a significant increase in chip concept stocks and a strategic partnership between Nvidia and OpenAI, with Nvidia planning to invest $100 billion [31][32] - Longchuan Technology expects a net profit increase of 131.39% to 145.38% for the first three quarters of 2025, driven by strong market demand [34]

Market Overview - On September 30, the digital media sector rose by 1.37%, led by Zhidingmai [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Stock Performance - Zhidingmai (300785) closed at 38.50, with a gain of 4.14% and a trading volume of 222,100 shares, amounting to 865 million yuan [1] - Other notable performers include: - Vision China (000681) at 20.46, up 3.70% [1] - Mango Super Media (300413) at 35.76, up 2.03% [1] - Xinhua Net (603888) at 19.76, up 1.96% [1] - People's Daily (603000) at 19.83, up 1.54% [1] Capital Flow - The digital media sector experienced a net outflow of 23.81 million yuan from institutional investors, while retail investors saw a net outflow of 91.12 million yuan [2] - Conversely, speculative funds recorded a net inflow of 115 million yuan [2] Individual Stock Capital Flow - Zhidingmai had a net inflow of 50.13 million yuan from institutional investors, but a net outflow of 56.99 million yuan from speculative funds [3] - Vision China saw a net inflow of 36.06 million yuan from institutional investors, with a net outflow of 19.83 million yuan from speculative funds [3] - People's Daily had a net inflow of 17.17 million yuan from institutional investors, while retail investors experienced a net outflow of 16.21 million yuan [3]

国脉文化在互动平台表示，公司参与的央视融媒体产业投资基金（有限合伙）于2023年对长江存储科技 控股有限责任公司进行了投资，根据公开信息，截至目前该基金现仍持有长江存储部分股权。 ...

Market Overview - On September 26, the advertising and marketing sector declined by 1.04%, with Tianyu Digital Technology leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Stock Performance - Notable gainers in the advertising and marketing sector included: - Yaowang Technology (002291) with a closing price of 6.72, up 9.98% and a trading volume of 1.36 million shares, totaling 880 million yuan [1] - Shengguang Group (002400) closed at 8.90, up 5.33% with a trading volume of 3.97 million shares [1] - Conversely, Tianyu Digital Technology (002354) saw a significant decline, closing at 6.88, down 4.84% with a trading volume of 1.04 million shares, totaling 726 million yuan [2] Capital Flow - The advertising and marketing sector experienced a net outflow of 141.62 million yuan from institutional investors, while retail investors saw a net inflow of 86.94 million yuan [2] - Major stocks with significant capital flow included: - Shengguang Group (002400) with a net inflow of 357 million yuan from institutional investors [3] - Yaowang Technology (002291) had a net inflow of 311 million yuan from institutional investors [3]

Group 1 - The China Securities Index for online consumption (931481) decreased by 1.85% as of September 26, 2025, with mixed performance among constituent stocks [1] - Wanrun Technology (002654) led the gains with an increase of 3.46%, while Jibite (603444) experienced the largest decline at 6.81% [1] - The online consumption ETF (159793) fell by 1.71%, with the latest price at 1.15 yuan, but showed a 2.19% increase over the past week [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the online consumption index accounted for 51.84% of the total index weight [2] - Tencent Holdings (00700) holds the highest weight at 9.65%, followed by Alibaba-W (09988) at 9.25% and Meituan-W (03690) at 8.37% [4] - Other notable stocks include Kuaishou-W (01024) at 6.05% and JD Health (06618) at 3.98% [4]

Core Insights - Guomai Culture (SH600640) reached its daily limit with a price of 13.64 yuan, marking a 10% increase and a total market capitalization of 10.853 billion yuan, with a trading volume of 333 million yuan [1] Group 1: Business Performance - The company is undergoing a business transformation, with digital business revenue increasing to 40% and gross margin improving by 5.3 percentage points, indicating significant optimization of its business structure [2] - The net profit attributable to the parent company increased by 18.89% year-on-year, reflecting an enhancement in profitability [2] Group 2: Strategic Initiatives - The company plans to repurchase shares worth 50 to 100 million yuan and cancel them, which is expected to boost earnings per share and enhance market confidence [2] - The company is focusing on its digital culture core business, adding services such as internet live streaming technology, aligning with current trends in the digital culture industry [2] Group 3: Market Trends - The company is developing its business around five major areas: digital content, intelligent applications, and the metaverse, with internet and related services accounting for over 50% of revenue from January to September 2024, in line with the digital economy trend [2] - Recent market interest in digital culture and metaverse concepts has led to active performance in related stocks, creating a sectoral linkage effect [2] Group 4: Technical Analysis - Following the release of a series of positive information, market funds may reassess and reposition towards the company, potentially attracting capital inflow [2] - Technical indicators, such as a MACD golden cross, may signal positive momentum for the stock price [2]

证券代码：600640 证券简称：国脉文化 公告编号：2025-030 重要内容提示： 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第一次临时股东会 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相 结合的方式 新国脉数字文化股份有限公司 关于召开2025年第一次临时股东会的通知 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) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 17 日 10 点 00 分 召开地点：上海市江宁路 1207 号 18 楼全息数字空间 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 10 月 17 日 至2025 年 10 月 17 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票 ...

新国脉数字文化股份有限公司 2025 年第一次临时股东会资料 二〇二五年十月十七日 （2）本公司董事和高级管理人员； | | | | 公司 2025 年第一次临时股东会会议注意事项 | | 1 | | --- | --- | --- | | 公司 | 2025 年第一次临时股东会议程 | 3 | | 议案一：关于变更公司经营范围暨修订《公司章程》的议案 | | 4 | | 议案二：选举弓剑炜女士为公司第十一届董事会董事 | | 6 | 公司 2025 年第一次临时股东会会议注意事项 根据《中华人民共和国公司法》《上市公司股东会规则》等法律 法规、上海证券交易所相关规则以及《公司章程》的有关规定，为维 护投资者的合法权益，确保本次股东会的正常秩序和议事效率，请出 席本次股东会的全体人员注意以下事项： 一、本次会议采用现场与网络投票相结合的方式召开 现场会议时间：2025年10月17日 10:00； 地点：新国脉数字文化股份有限公司18楼会议室（上海市江宁路 1207号国脉文化大厦）。 网络投票时间：2025 年 10 月 17 日，采用上海证券交易所网络 投票系统，通过交易系统投票平台的投票时间为股东会召开当日 ...