文投控股股份有限公司 2025 年第二次临时股东会 会议材料 2025 年 11 月 20 日 文投控股股份有限公司 2025 年第二次临时股东会会议材料 会 议 须 知 为确保公司本次股东会的顺利召开，维护投资者的合法权益，确保股东会的 正常秩序和议事效率，根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司股东会规则》以及《公司章程》的有关规定，特制定本须知，请出席 股东会的全体人员遵照执行。 一、股东会设会务组，负责会议的组织工作和处理相关事宜； 二、股东会期间，全体出席人员应以维护股东的合法权益、确保股东会的正 常秩序和议事效率为原则，自觉履行法定义务； 三、本次股东会采取现场投票与网络投票相结合的方式。公司将通过上海证 券交易所股东会网络投票系统向公司股东提供网络形式的投票平台，公司股东可 以在交易时间内通过上述系统行使表决权。公司股东只能选择现场投票或网络投 票中的一种表决方式行使表决权，如同一表决权通过现场和网络投票系统重复进 行表决的，或同一表决权在网络投票系统重复进行表决的，均以第一次表决投票 结果为准； 四、本次股东会的现场会议以记名投票方式表决。出席股东会的股东及股东 代理人 ...

Core Insights - The restructuring case of Wento Holdings Co., Ltd. has made significant progress, being the first listed company in China to undergo coordinated restructuring and subsidiary bankruptcy liquidation, utilizing a dual-track disposal model to systematically divest inefficient assets and transition towards digital cultural tourism and AIGC content technology [1][2] Group 1: Restructuring Progress - The Beijing Bankruptcy Court has successfully rescued 27 small and medium-sized tech innovation enterprises with specialized qualifications since 2024, covering fields such as artificial intelligence and smart healthcare, with an average rescue period of only 4.5 months [2][3] - The court has introduced innovative measures to speed up the restructuring process, including simplifying acceptance procedures and presuming the restructuring value of specialized enterprises, with one case taking only 35 days from acceptance to plan approval [2][3] Group 2: Case Examples - The court reported on eight typical cases of judicial rescue, including the restructuring of Wento Holdings, which aims to drive traditional industry upgrades through technological innovation [3] - The court emphasized the importance of retaining the core capabilities of tech enterprises, highlighting that the competitiveness of these companies heavily relies on the technical expertise of founders and the stability of core teams [3] Group 3: Future Directions - The court plans to deepen mechanism innovation by establishing a value recognition indicator system for tech enterprise restructuring, incorporating factors like technology maturity and market share into assessments [4] - Future efforts will also focus on strengthening collaborative governance and enhancing professional capabilities, including exploring new models such as intellectual property securitization and technology equity for debt repayment [4]

Core Viewpoint - The company has approved a lease agreement with Beijing Hongke Operation Management Co., Ltd. for office space, which is part of a related party transaction, requiring shareholder approval [2][5][44]. Group 1: Lease Agreement Details - The company will lease 1,275.42 square meters of office space located at 14th floor, Building 413, Hongshan Garden, Chaoyang District, Beijing, from Beijing Hongke Operation for a total rent of approximately 10.66 million yuan over a lease term from January 10, 2026, to January 9, 2031 [2][5][10]. - The rental price is set at 4.5 yuan per square meter per day for the first three years and 4.7 yuan per square meter per day for the last two years [12][13]. - The total rent for the first three years is approximately 5,739.39 yuan per day, while for the last two years, it is approximately 5,994.47 yuan per day [12][13]. Group 2: Related Party Transaction Overview - The company has conducted over 30 million yuan in transactions with Beijing Hongke Operation and other related parties in the past 12 months, which exceeds 5% of the company's latest audited net assets [2][22]. - The board of directors has confirmed that the pricing of the lease agreement is based on market principles and does not harm the interests of the company or minority shareholders [16][44]. Group 3: Approval Process - The independent directors reviewed the lease agreement and found it beneficial for the company's operational efficiency and strategic development [18][44]. - The board meeting on November 12, 2025, approved the lease agreement, with related directors abstaining from the vote [19][45].

Core Viewpoint - The company, Wento Holdings (600715.SH), has approved a related party transaction involving a lease agreement with Beijing Hongke Operation Management Co., Ltd. for office space in Beijing, indicating a strategic move to secure operational facilities for the upcoming years [1] Group 1: Lease Agreement Details - The company will lease an office space of 1,275.42 square meters located at 413 Hongshan Garden, Chaoyang District, Beijing [1] - The lease term is set from January 10, 2026, to January 9, 2031, covering a period of five years [1] - The total rental cost for the lease is approximately 10.66 million yuan [1]

证券代码：600715 证券简称：文投控股 公告编号：2025-075 文投控股股份有限公司 关于召开2025年第二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。 重要内容提示： 一、 召开会议的基本情况 召开的日期时间：2025 年 11 月 28 日 14 点 00 分 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运 作》等有关规定执行。 召开地点：北京市朝阳区弘善家园 413 号楼 12 层 1211 会议室 (五) 网络投票的系统、起止日期和投票时间。 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 11 月 28 日 至2025 年 11 月 28 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 ...

证券代码：600715 证券简称：文投控股 编号：2025-076 文投控股股份有限公司 十一届董事会第九次会议决议公告 本次会议的会议通知及会议材料已于 2025 年 11 月 6 日以通讯方式发出。本 次会议的召集、召开、表决程序符合《中华人民共和国公司法》《文投控股股份 有限公司章程》《文投控股股份有限公司董事会议事规则》及相关法律法规的规 定，会议决议合法、有效。 二、董事会会议审议情况 公司全体董事以现场结合通讯表决方式审议通过如下议案： （一）审议通过《文投控股股份有限公司关于签署房屋租赁合同暨关联交易 的议案》 因经营发展需要，公司拟与关联法人北京弘科运营管理有限公司（以下简称 "北京弘科运营"）签署房屋租赁合同，拟承租北京弘科运营位于北京市朝阳区 弘善家园 413 号楼 14 层用于办公，租赁面积为 1,275.42 平方米（建筑面积）， 租赁期自 2026 年 1 月 10 日起至 2031 年 1 月 9 日止，总租金约 1,066 万元。具 体内容详见公司同日发布的《文投控股股份有限公司关于签署房屋租赁合同暨关 联交易的公告》（公告编号：2025-074）。 1 本议案已经公司十一届董事 ...

Group 1 - The core point of the article is that Wento Holdings (SH 600715) held its 11th Board of Directors' temporary meeting on November 12, 2025, to discuss the proposal for the second extraordinary shareholders' meeting of 2025 [1] - For the year 2024, Wento Holdings' revenue composition is as follows: cinema film screening and related derivative businesses account for 63.02%, online gaming business accounts for 32.38%, film investment and production business accounts for 4.23%, and "cultural+" business accounts for 0.36% [1] - As of the report date, Wento Holdings has a market capitalization of 10.6 billion yuan [1]

证券代码：600715 证券简称：文投控股 编号：2025-074 文投控股股份有限公司 关于签署房屋租赁合同暨关联交易的公告 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。 重要内容提示： 因经营发展需要，文投控股股份有限公司（以下简称"公司"）于 2025 年 11 月 12 日召开十一届董事会第九次会议，审议通过《关于签署房屋租赁合同 暨关联交易的议案》，同意公司与关联法人北京弘科运营管理有限公司（以下简 称"北京弘科运营"）签署房屋租赁合同，拟承租北京弘科运营位于北京市朝阳 区弘善家园 413 号楼 14 层用于办公，租赁面积为 1,275.42 平方米（建筑面积）， 租赁期自 2026 年 1 月 10 日起至 2031 年 1 月 9 日止，总租金约 1,066 万元。 截至本次交易，公司过去 12 个月与北京弘科运营，以及与北京弘科运营 受同一主体控制或者相互存在股权控制关系的其他关联人进行的交易已达到 3,000 万元以上，且占公司最近一期经审计净资产绝对值 5%以上。本次交易尚需 提交公司股东会审议。 一、关 ...

Market Overview - The gaming sector experienced a decline of 0.98% on November 10, with ST Huatuo leading the drop [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Individual Stock Performance - Notable gainers included: - Mingchen Health (002919) with a closing price of 19.50, up 6.50% and a trading volume of 134,300 shares, totaling 259 million yuan [1] - Wento Holdings (600715) closed at 2.61, up 2.76% with a trading volume of 604,500 shares, totaling 156 million yuan [1] - Fuchun Co. (300299) closed at 6.81, up 2.71% with a trading volume of 311,400 shares, totaling 211 million yuan [1] - Major decliners included: - ST Huadao (002602) closed at 17.61, down 3.72% with a trading volume of 1,174,300 shares, totaling 2.093 billion yuan [2] - Xinying Network (002517) closed at 22.50, down 2.17% with a trading volume of 421,600 shares, totaling 957 million yuan [2] - Giant Network (002558) closed at 35.50, down 1.63% with a trading volume of 292,700 shares, totaling 1.034 billion yuan [2] Capital Flow Analysis - The gaming sector saw a net outflow of 646 million yuan from institutional investors, while retail investors contributed a net inflow of 358 million yuan [2] - Key stocks with significant capital flow include: - Starry Entertainment (300043) with a net inflow of 47.54 million yuan from institutional investors [3] - Fuchun Co. (300299) with a net outflow of 10.19 million yuan from retail investors [3] - Mingchen Health (002919) with a net inflow of 30.79 million yuan from institutional investors [3] ETF Performance - Gaming ETF (product code: 159869) tracking the China Animation and Gaming Index saw a 2.11% increase over the last five days, with a net outflow of 110 million yuan [5] - Food and Beverage ETF (product code: 515170) experienced a decline of 1.38% over the last five days, with a net outflow of 1.385 million yuan [5]

Core Insights - The total box office revenue in China for the first three quarters of 2025 reached 41.952 billion yuan, representing a year-on-year growth of 21.12% with total audience attendance at 985 million [1] - Domestic films accounted for 89.21% of the total box office, while imported films made up 10.79% [1] - A total of 13,400 cinemas were operational, showing a growth of 3.08% year-on-year, with 861 new cinemas built in the first three quarters [1] Company Performance Summary - Wanda Film reported revenue of 9.787 billion yuan, a slight decrease of 0.61%, but net profit surged by 319.92% to 708 million yuan [2][5] - Hengdian Film achieved the highest growth rate with revenue of 1.895 billion yuan, up 17.28%, and net profit skyrocketed by 1084.80% to 206 million yuan [2][4] - Bona Film was the only company to report a net loss of 1.111 billion yuan, a decline of 213.11%, despite a slight revenue increase of 1.29% to 972 million yuan [2][6] - Shanghai Film's revenue reached 723 million yuan, a growth of 29.09%, with net profit increasing by 29.81% to 139 million yuan, marking the highest profitability metrics in the sector [2][7] - Happiness Blue Sea reported revenue of 606 million yuan, an increase of 11.87%, but still posted a net loss of 40 million yuan [2][7] - WenTuo Holdings experienced the largest revenue decline of 16.88% to 255 million yuan, but managed to turn a profit with a net income of 4 million yuan, up 100.92% [2][4] Profitability Analysis - Shanghai Film led in profitability with a gross margin of 36.67% and a net margin of 24.71% [3][7] - WenTuo Holdings followed with a gross margin of 33.32% and a net margin of 1.63%, showing significant improvement [3][5] - Wanda Film's gross margin was 27.75% with a net margin of 7.29%, reflecting stable performance [3][5] - Hengdian Film's gross margin was 18.48% with a net margin of 10.87%, indicating solid profitability [3][4] - Bona Film reported a negative gross margin of -64.51%, the lowest in the industry, highlighting severe profitability challenges [3][6]