证券代码：600757 证券简称：长江传媒 公告编号：2025-038 长江出版传媒股份有限公司 关于召开2025年第三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 至2025 年 11 月 20 日 (一)股东会类型和届次 2025年第三次临时股东会 (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 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 11 月 20 日 14 点 30 分 召开地点：湖北省武汉市雄楚大道 268 号湖北出版文化城 B 座 10 楼会议室 (五)网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年11月20日 本次股东会采用的网络投票系统：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 11 月 20 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 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 1,513,798,308.49, a decrease of 8.03% compared to the same period last year[4]. - The total profit for the quarter was CNY 180,757,153.21, down 15.17% year-on-year[4]. - The net profit attributable to shareholders was CNY 173,783,297.44, an increase of 10.59% compared to the same period last year[4]. - The basic earnings per share for the quarter was CNY 0.15, reflecting a 15.38% increase year-on-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 5,061,534,024.96, a decrease of 3.01% compared to CNY 5,218,739,760.71 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 reached CNY 858,974,837.70, an increase of 24.5% compared to CNY 690,160,707.20 in 2024[20]. - Earnings per share for the first three quarters of 2025 was CNY 0.71, up from CNY 0.57 in the same period of 2024[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 14,494,109,370.32, representing a 5.00% increase from the end of the previous year[5]. - The company's total liabilities increased to ¥4,561,603,688.62 from ¥4,232,721,939.39, marking an increase of about 7.8%[16]. - The equity attributable to owners of the company reached ¥5,819,280,016.59, up from ¥5,529,835,345.56, which is an increase of approximately 5.2%[16]. - The total equity attributable to shareholders of the parent company increased to CNY 9,890,722,533.88 from CNY 9,527,311,896.51, reflecting a growth of 3.81%[17]. - The total liabilities and equity amounted to CNY 14,494,109,370.32, up from CNY 13,804,444,381.17, indicating an increase of 5.01%[17]. Cash Flow - Cash inflow from operating activities for the first three quarters of 2025 was CNY 4,506,245,730.18, an increase from CNY 4,235,102,055.61 in 2024[22]. - The net cash flow from operating activities was $373,297,003.42, a significant improvement compared to the previous year's negative cash flow of $95,454,230.09[23]. - Total cash outflow from operating activities amounted to $4,132,948,726.76, slightly down from $4,330,556,285.70 in the prior year[23]. - The net cash flow from investing activities was negative at -$124,913,462.45, contrasting with a positive cash flow of $371,921,863.39 from the previous year[23]. - Cash inflow from financing activities resulted in a net outflow of -$523,508,778.11, compared to -$508,485,554.21 in the previous year[23]. Expenses and Investments - The company experienced a 72.06% decrease in investment income, attributed to reduced financial product returns[10]. - Research and development expenses for the first three quarters of 2025 were CNY 10,006,833.09, a decrease of 20.2% compared to CNY 12,539,088.30 in 2024[19]. - The company reported a decrease in sales expenses to CNY 425,001,620.25 from CNY 430,283,196.98, a reduction of 1.03%[19]. - Investment income for the first three quarters of 2025 was CNY 21,385,857.31, a significant decrease from CNY 76,540,347.08 in 2024[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,325[12]. - The company has not indicated any changes in major shareholder participation in financing or securities lending activities during the reporting period[14]. Other Financial Metrics - The weighted average return on equity was 1.82%, up 0.08 percentage points from the previous year[5]. - The company reported a significant increase in cash received from tax refunds, up 702.58% due to the recovery of previously paid corporate income tax[10]. - The company's inventory increased to ¥1,363,151,086.70 from ¥1,219,956,738.09, reflecting a growth of about 11.7%[15]. - The cash and cash equivalents decreased to ¥1,449,017,586.09 from ¥1,726,312,585.20, a decline of approximately 16%[14]. - The company paid $498,191,597.78 in dividends and interest, slightly up from $485,460,109.20 in the prior year[23]. - The company will not apply new accounting standards starting from 2025[24].

证券代码：600757 证券简称：长江传媒 公告编号：临 2025-036 长江出版传媒股份有限公司 第七届董事会第四次会议决议公告 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。 一、董事会会议召开情况 长江出版传媒股份有限公司（以下简称"公司"）第七届董事会 第四次会议于 2025 年 10 月 28 日以通讯表决方式召开。本次会议召 开前，公司董事均收到会议通知和会议资料，知悉本次会议的审议事 项。会议应参与表决董事 11 人，实际参与表决董事 11 人。会议召开 程序符合《公司法》及《公司章程》的规定，会议合法有效。 二、董事会会议审议情况 经与会董事审议，会议通过了如下议案： 1、 审议通过《公司 2025 年第三季度报告》； 《公司 2025 年第三季度报告》已经公司董事会审计委员会审议 通过。董事会审议通过了该议案。 表决结果：11 票同意，0 票反对，0 票弃权。 同意公司于 2025 年 11 月 20 日 14:30 在湖北省武汉市雄楚大道 268 号湖北出版文化城 B 座 10 楼会议室召开长江出版传媒股 ...

Group 1 - The childcare service sector experienced a decline of 0.65%, ranking among the top declines in concept sectors, with notable declines in stocks such as Chuangyuan Co., Times Publishing, and Tom Cat [1] - The top gainers in the childcare service sector included *ST Jinbi, Changjiang Media, and Tuo Wei Information, with increases of 2.32%, 1.26%, and 1.14% respectively [1] - The concept sectors with the highest gains included storage chips at 3.49%, Tonghuashun fruit index at 3.45%, and AI PC at 3.20%, while the childcare service sector was among the lowest [1] Group 2 - The childcare service sector saw a net outflow of 259 million yuan, with 13 stocks experiencing net outflows, and 5 stocks seeing outflows exceeding 10 million yuan [1] - The stock with the highest net outflow was Jingxing Paper, with a net outflow of 84.52 million yuan, followed by Chuangyuan Co. and Times Publishing with outflows of 83.49 million yuan and 81.27 million yuan respectively [1] - The stocks with the highest net inflows included Tuo Wei Information, Changjiang Media, and Furui Co., with net inflows of 54.11 million yuan, 13.32 million yuan, and 11.11 million yuan respectively [2]

Market Overview - The publishing sector increased by 1.04% on October 21, with Rongxin Culture leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Individual Stock Performance - Rongxin Culture (301231) saw a significant rise of 20.00%, closing at 30.60 with a trading volume of 206,300 shares and a transaction value of 600 million yuan [1] - Ning Media (002181) increased by 5.20%, closing at 9.10 with a trading volume of 1,011,900 shares [1] - Longban Media (605577) rose by 3.89%, closing at 13.90 with a trading volume of 56,700 shares [1] - Other notable performers include: - Publishing Media (666109) up 3.80% to 7.11 - Tianzhou Culture (300148) up 3.35% to 4.63 - City Media (600229) up 2.44% to 6.71 [1] Capital Flow Analysis - The publishing sector experienced a net inflow of 77.58 million yuan from institutional investors, while retail investors saw a net outflow of 31.81 million yuan [2] - Major stocks with significant net inflows include: - Zhongwen Online (300364) with a net inflow of 64.29 million yuan [3] - Changjiang Media (600757) with a net inflow of 31.98 million yuan [3] - Conversely, stocks like Rongxin Culture (301231) and Tianzhou Culture (300148) experienced net outflows from retail investors [3]

Core Insights - The 20th Central China Book Fair, themed "Reading the Yangtze, Wisdom Hub," will take place from October 24 to 26, 2025, at the Wuhan International Convention and Exhibition Center, showcasing the significance of the event in the publishing industry [2][8] - The fair aims to create a new industry exhibition platform and ecosystem, gathering over 7,000 merchants and covering an exhibition area of 15,000 square meters with more than 1,300 participating units [2][3] Group 1: Event Overview - The Central China Book Fair is recognized as one of the four major industry exhibitions in China's publishing sector and is referred to as a "barometer" for the private book industry [2] - The event will feature over 30,000 types of publications and nearly 13 categories of cultural and creative products, enhancing Wuhan's influence in the national publishing industry [2][3] Group 2: Exhibition Focus - The fair will emphasize five-dimensional innovation: "Education+", "Culture+", "Activity+", "Technology+", and "Service+", driving industry upgrades through the cultural heritage of the Yangtze River [3] - Three core areas will be highlighted: "Industry Innovation," "Cultural Empowerment," and "Digital Integration," showcasing transformation directions and practical outcomes for the industry [3][4] Group 3: Special Features - The "New Engine of Industry" exhibition area will focus on digital publishing and innovative industry ecosystems, presenting educational services and children's book innovations [4] - The "New Reading Ecology" area will feature 100 cultural and creative enterprises, showcasing 5,000 premium products and creating immersive reading experiences [5] - The "New Technological Momentum" area will highlight the integration of digital technology with the publishing industry, showcasing AI-assisted educational content and VR reading products [5] Group 4: Activities and Engagement - The opening ceremony will take place on October 24, focusing on innovation in physical bookstores and the digital transformation of the industry [6] - Key activities include the Youth Reading Conference and a cultural market featuring over 70 physical bookstores, aimed at enhancing community engagement and promoting reading [7] - A "stamp collection" interactive activity will be introduced to enhance visitor experience and encourage participation in the event [7]

Market Overview - The publishing sector increased by 0.01% compared to the previous trading day, with Rongxin Culture leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up by 1.22%, while the Shenzhen Component Index closed at 13118.75, up by 1.73% [1] Individual Stock Performance - Rongxin Culture (301231) closed at 23.70, with a rise of 2.20% and a trading volume of 24,500 lots, amounting to a transaction value of 57.44 million [1] - Tianzhou Culture (300148) closed at 4.57, up by 1.78%, with a trading volume of 197,600 lots and a transaction value of 89.65 million [1] - Zhongwen Online (300364) closed at 25.59, increasing by 1.31%, with a trading volume of 259,400 lots and a transaction value of 654 million [1] - Other notable stocks include Guomai Culture (301052) at 46.20 (+1.09%) and Yuedu Media (002181) at 8.24 (+0.73%) [1] Capital Flow Analysis - The publishing sector experienced a net outflow of 41.87 million from institutional investors, while retail investors saw a net inflow of 23.18 million [2] - The net inflow from speculative funds was 18.69 million [2] Detailed Capital Flow for Selected Stocks - Zhongyuan Media (000719) had a net outflow of 12.14 million from institutional investors, with a retail net outflow of 17.89 million [3] - Zhongwen Online (300364) saw a net inflow of 10.05 million from institutional investors, but a net outflow of 7.53 million from retail investors [3] - Publishing Media (601999) had a net inflow of 5.02 million from institutional investors, while retail investors experienced a net outflow of 2.55 million [3]

Core Insights - The publishing sector experienced a slight decline of 0.14% on October 9, with Guomai Culture leading the drop [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Publishing Sector Performance - ST Huawen (000793) saw a closing price of 2.98, with a rise of 4.93% and a trading volume of 548,200 shares, amounting to a transaction value of 161 million yuan [1] - Zhongwen Online (300364) closed at 28.19, up 3.11%, with a trading volume of 739,100 shares and a transaction value of 2.107 billion yuan [1] - Other notable performers included Zhonghua Media (600373) with a closing price of 10.37, up 2.07%, and Changjiang Media (600757) at 8.66, up 1.76% [1] Capital Flow Analysis - The publishing sector saw a net outflow of 12.54 million yuan from institutional investors and 2.92 million yuan from retail investors, while individual investors contributed a net inflow of 15.46 million yuan [2] - Zhongnan Media (601098) experienced a significant net outflow of 18.84 million yuan from institutional investors, while Zhongwen Online (300364) had a net inflow of 18.10 million yuan [2] - ST Huawen (000793) recorded a net inflow of 15.70 million yuan from institutional investors, despite a net outflow from retail investors [2]

Core Insights - The 2025 "Book Fragrance Yangtze" Reading Week and Wuhan Book Fair took place from September 19 to 21, showcasing the achievements of the publishing industry in Hubei and promoting cultural development along the Yangtze River [2][3] - The event featured a theme of "Reading the Yangtze, Wisdom Gathering," aiming to enhance cultural heritage, invigorate the publishing industry, and ignite public reading enthusiasm [2][3] Event Overview - The fair was organized by multiple entities including Hubei Yangtze Publishing Media Group and aimed to serve the development of the Yangtze Economic Belt and the "Book Fragrance Hubei" initiative [2] - The event included a main venue in Wuhan and 15 sub-venues across the province, adopting a comprehensive approach that integrated online and offline activities [3][4] Exhibition Features - The main venue featured six thematic exhibition areas focusing on various aspects of reading and cultural services, breaking traditional categorization by publisher [3][4] - Over 110 themed book exhibition booths displayed more than 70,000 quality books across various genres, along with immersive reading spaces themed around popular IPs [4][6] Cultural Activities - The event included a series of cultural activities such as lectures by renowned authors and interactive experiences, enhancing the overall cultural engagement [5][11] - A total of 30 high-quality cultural lectures were held, along with over 300 community activities, promoting widespread cultural participation [11] Economic Impact - The fair attracted over 400 publishing units and showcased nearly 10,000 unique cultural products, emphasizing the integration of culture, tourism, and creative industries [7][8] - The establishment of the Yangtze Cultural Creative Industry Alliance aimed to enhance resource sharing and cultural innovation across the Yangtze River region [8][9] Community Engagement - The event provided significant discounts and cultural vouchers, encouraging public participation and making cultural products more accessible [10][11] - The initiative aimed to build a comprehensive reading system that benefits all demographics, reinforcing the importance of reading in enhancing national literacy [10][11]

Core Viewpoint - The "Book Fragrance Yangtze" Reading Week and Wuhan Book Fair showcased over 400 publishing units and nearly 70,000 quality books, emphasizing cultural sharing and innovation in the publishing industry [2][3]. Group 1: Event Overview - The event featured diverse activities including exhibitions, forums, and digital interactions, aiming to create a cultural feast for readers [2]. - Hubei Changjiang Publishing Media Group presented over a thousand quality works across various genres, hosting more than 40 cultural activities to highlight its cultural strength [2][4]. Group 2: Innovation and Development - The company is focused on enhancing publishing quality, educational services, and digital transformation, achieving significant social and economic benefits [4]. - The exhibition included themed zones showcasing works that reflect national will and cultural characteristics, as well as award-winning publications [4]. Group 3: Cultural and Creative Products - The Hubei Xinhua Bookstore Group integrated resources from 17 cities and 12 universities to display nearly 10,000 creative products, promoting the "Cultural Yangtze" theme [5]. - The event also featured various cultural activities, including book salons and new media conferences, to engage readers [6]. Group 4: Company Performance - Changjiang Publishing Media has shown resilience in a challenging industry, ranking among the top cultural enterprises in China and achieving significant revenue growth [8][9]. - In the first half of 2025, the company reported revenue of 3.548 billion yuan and a net profit of 685 million yuan, marking a 29% year-on-year increase [8]. Group 5: Future Plans - The company is developing a "15th Five-Year" plan to enhance its core functions and values, focusing on strategic projects to support Hubei's cultural industry [10].