Core Viewpoint - The report highlights the financial performance and operational activities of Donghao Lansheng Exhibition Group Co., Ltd. for the first half of 2025, indicating a decline in revenue and net profit while emphasizing the company's strategic initiatives in the exhibition industry and its commitment to sustainable development and digital transformation [1][3][18]. Financial Performance - The company reported a revenue of approximately 553.39 million yuan, a decrease of 6.21% compared to the same period last year [2][8]. - The total profit amounted to approximately 103.24 million yuan, down by 1.86% year-on-year [2]. - The net profit attributable to shareholders was approximately 56.93 million yuan, reflecting a significant decline of 30.74% compared to the previous year [2][8]. - The net cash flow from operating activities increased by 161.72%, reaching approximately 143.98 million yuan [2]. Industry Overview - The exhibition industry in China is undergoing a phase of optimization and quality enhancement, driven by technological innovation and the need for digital transformation [3][4]. - The 2025 government work report emphasizes the strategic value of the exhibition industry in promoting high-quality development and stabilizing foreign trade and investment [3][4]. Operational Highlights - The company organized and participated in 11 exhibitions with a total area of approximately 684,000 square meters during the reporting period [8][11]. - The company hosted five running events with a total participation of about 35,000 people [8][11]. - The Shanghai World Expo Exhibition and Convention Center hosted 35 exhibitions and events, covering a total rental area of 4.27 million square meters [8][11]. Strategic Initiatives - The company is focusing on sustainable development, with an emphasis on green practices in the exhibition industry, such as using recyclable materials and promoting energy management [4][5]. - The company is enhancing its digital capabilities, integrating AI and 5G technologies into its operations to improve service efficiency and customer experience [5][17]. - The company aims to expand its international presence and brand recognition through strategic partnerships and participation in global exhibitions [15][19]. Future Outlook - The company plans to continue leveraging its full industry chain resources to enhance its competitive edge and drive growth in the exhibition sector [6][14]. - The focus will be on high-end equipment, cultural tourism, and innovative exhibition formats to attract more participants and exhibitors [8][14].

| 东浩兰生会展集团股份有限公司2025 | | 年半年度报告摘要 | | | --- | --- | --- | --- | | 公司代码：600826 | | 公司简称：兰生股份 | | | 东浩兰生会展集团股份有限公司 | 第一节 重要提示 | | | | 展规划，投资者应当到 | www.sse.com.cn 网站仔细阅读半年度报告全文。 | | | | 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | 本公司2025年半年度利润分配预案为：以公司总股本735,533,549股扣减公司回购专用证券账 | | | | | 户股份11,349,981股，即以724,183,568股为基数，向全体股东每10股派发现金红利0.60元（含税）。 | | | | | 第二节 | 公司基本情况 | | | | 公司股票简况 | | | | | 股票种类 | 股票上市交易所 股票简称 | 股票代码 | 变更前股票简称 | | A股 | 上海证券交易所 兰生股份 | 600826 不适用 | | | 联系人和联系方式 | 董事会秘书 | 证券事务代表 | | | 姓名 | 张荣健 | ...

Core Viewpoint - The company plans to distribute a cash dividend of RMB 0.06 per share (including tax) based on its semi-annual report for 2025, reflecting a commitment to returning value to shareholders [1][2]. Summary by Sections Profit Distribution Plan - The company intends to distribute a cash dividend of RMB 0.60 for every 10 shares held, which corresponds to 76.32% of the net profit attributable to shareholders for the first half of 2025 [1]. - The total number of shares eligible for the dividend distribution is calculated after deducting the shares held in the company's repurchase account, resulting in a base of 724,183,568 shares [1]. Decision-Making Process - The company's annual shareholder meeting approved the mid-term dividend arrangement for 2025, granting the board the authority to formulate and implement the specific distribution plan based on actual conditions [2]. - The board convened on August 27, 2025, to review and approve the mid-term profit distribution plan [2].

Core Points - The company held its 13th meeting of the 11th Board of Directors on August 27, 2025, via communication methods, in compliance with the Company Law of the People's Republic of China and its articles of association [1] - The board approved the 2025 semi-annual report with a unanimous vote of 9 in favor, 0 against, and 0 abstentions [1] - The board also approved the 2025 interim profit distribution plan with the same voting results [2] - The board agreed on the semi-annual evaluation report of the "Quality Improvement and Efficiency Enhancement Return Action Plan" with a unanimous vote [2]

Core Viewpoint - The company is committed to enhancing operational quality and investor returns through a comprehensive action plan for 2025, focusing on core business development, technological innovation, and sustainable practices [1][6]. Group 1: Business Development and Strategy - The company aims to enhance its core competitiveness by restructuring and driving growth through both internal development and external acquisitions, aspiring to become a globally recognized exhibition service brand [1]. - The company is expanding into the "pet economy" sector, achieving record attendance and participation at its exhibitions, and has made strategic acquisitions to penetrate the southwestern market [2]. - The establishment of a wholly-owned subsidiary in Hong Kong is part of the company's international strategy to integrate domestic and overseas business operations [1]. Group 2: Technological Innovation - The company is advancing its "digital exhibition" transformation, focusing on agile iterations and local innovations to enhance service capabilities [2]. - The company is developing a technology service platform aimed at becoming a global leader in artificial intelligence ecosystem services, with various sub-brands to cover diverse needs [2][3]. - The company is enhancing its exhibition services through the construction of smart exhibition facilities, thereby increasing both social and economic value [3]. Group 3: Investor Returns - The company has established a long-term cash dividend policy, committing to distribute at least 50% of its distributable profits as cash dividends from 2025 to 2027 [4]. - In 2024, the cash dividend is projected to account for 51.92% of the net profit attributable to shareholders, continuing the tradition of high dividend payouts [4]. Group 4: Investor Communication - The company has actively engaged in investor relations, conducting nearly 30 events in the first half of the year, including roadshows and performance briefings, reaching over 170 investors [5]. - A live-streamed annual performance briefing attracted over 100,000 views, reflecting a 30% increase in engagement compared to the previous year [5]. Group 5: Governance and Compliance - The company is reinforcing its governance framework by adhering to legal and regulatory requirements, ensuring efficient operation of governance meetings, and enhancing the capabilities of key personnel through training [5]. - The company is actively monitoring regulatory developments and optimizing its decision-making processes to ensure compliance and effective governance [5]. Group 6: ESG Initiatives - The company has released its first ESG report, achieving significant improvements in ESG ratings, and has been recognized for its supply chain impact [6]. - The company integrates ESG principles into its operations and investor relations, promoting sustainability and value creation through various communication channels [6].

格隆汇8月27日丨兰生股份(600826.SH)公布2025年半年度报告，报告期实现营业收入5.53亿元，同比下 降6.21%；归属于上市公司股东的净利润5693.24万元，同比下降30.74%；归属于上市公司股东的扣除非 经常性损益的净利润6140.49万元，同比下降33.99%；基本每股收益0.08元。拟向全体股东每10股派发 现金红利0.60元（含税）。 ...

Financial Performance - The company's operating revenue for the first half of 2025 was approximately ¥553.39 million, a decrease of 6.21% compared to ¥590.04 million in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2025 was approximately ¥56.93 million, down 30.74% from ¥82.21 million in the previous year[23]. - Basic earnings per share for the first half of 2025 were ¥0.08, a decline of 27.56% compared to ¥0.11 in the same period last year[22]. - The net cash flow from operating activities increased significantly by 161.72%, reaching approximately ¥143.98 million compared to ¥55.01 million in the previous year[23]. - The total assets at the end of the reporting period were approximately ¥5.75 billion, a slight decrease of 0.57% from ¥5.79 billion at the end of the previous year[23]. - The company's net assets attributable to shareholders increased by 0.60% to approximately ¥4.21 billion from ¥4.19 billion at the end of the previous year[23]. - The weighted average return on net assets decreased by 0.76 percentage points to 1.36% from 2.12% in the previous year[24]. - The company faced non-operating losses totaling approximately ¥4.47 million, primarily due to fair value changes in financial assets and liabilities[25]. Revenue Breakdown - Revenue from exhibition organization was 263 million yuan, a decline of 17.22%, primarily due to the cancellation of the China Brand Expo project[36]. - The sports events segment generated revenue of 62 million yuan, an increase of 39.06%, driven by the success of various running events[36]. - Venue operations reported revenue of 148 million yuan, down 6.93%, affected by venue size limitations and scheduling conflicts[36]. - Revenue from exhibition support services rose to 72 million yuan, a growth of 24.61%, mainly from increased conference services[36]. Events and Industry Trends - The exhibition industry in China is entering a critical phase of optimization and quality enhancement, with a focus on digitalization and innovation to drive high-quality development[28]. - By 2025, the exhibition industry is expected to emphasize green and sustainable practices, including the use of recyclable materials and energy management to reduce waste and carbon emissions[29]. - There is a clear trend towards specialization and segmentation in the exhibition market, with a growing demand for targeted and industry-specific events[30]. - The integration of new productive forces is driving the exhibition industry, with a focus on technological innovation and the transformation of supply chains[31]. - The company operates across the entire exhibition industry chain, including exhibition organization, venue operation, and event services, establishing itself as a leading player in the market[32]. - The Shanghai World Expo Exhibition and Convention Center is utilizing AI and 5G technology for smart venue management, enhancing service efficiency[33]. - Upcoming major events include the 2025 Shanghai International Advertising Exhibition with an expected area of 170,000 square meters and 170,000 participants[34]. Corporate Governance and Strategy - The company plans to distribute a cash dividend of ¥0.60 per 10 shares, based on a total share base of 724,183,568 shares after deducting treasury shares[6]. - The company achieved a cash dividend ratio of 51.92% of the net profit attributable to shareholders for the 2024 fiscal year, with a combined cash dividend ratio of 66.08% for the first half of 2024[60]. - The company’s ESG rating improved from B and CCC to A, reflecting its commitment to sustainable development and effective governance[59]. - The company is committed to enhancing its international presence and brand recognition in the exhibition industry[64]. - The company is leveraging AI and 5G technology for smart venue transformations to improve service efficiency[68]. - The company plans to merge with Haitong Securities in 2025, with a share exchange ratio of 1:0.62 for shareholders[77]. - The company plans to establish a wholly-owned subsidiary in Hong Kong with an investment of $10 million to enhance its global strategy and competitiveness in the exhibition service brand[85]. Risks and Challenges - The company faces risks including intensified market competition from both foreign and domestic exhibition companies, which may impact its market position[83]. - The company is at risk of talent loss due to increasing demand for skilled professionals in the competitive exhibition industry[83]. - The company relies on high-quality venue and event resources, which are currently in short supply, potentially hindering business expansion[83]. - The company is closely monitoring financial market dynamics to build a resilient asset structure that can withstand risks and provide stable returns to shareholders[84]. Community Engagement and Social Responsibility - The company plans to implement a charity program in collaboration with the Shanghai Sports Development Foundation, with a budget of CNY 300,000 for activities supporting children with autism[92]. - The company is actively engaging in rural revitalization efforts, including a recent investigation in Yunnan Province to understand local agricultural production and cultural industries[93]. - The company is focusing on enhancing its corporate social responsibility initiatives, including collecting school supplies for underprivileged areas[93]. - The company is in the process of upgrading sports facilities and equipment at a primary school in Bijie City, Guizhou Province, as part of its community support efforts[92]. Financial Position and Assets - The company's cash and cash equivalents decreased by 15.66% to RMB 122,973.30 million, indicating a slight reduction in liquidity[72]. - The balance of trading financial assets rose by 77.16% to RMB 123,583.46 million, reflecting increased investments in financial products[72]. - Accounts receivable decreased by 48.99% to RMB 11,661.37 million, primarily due to a reduction in exhibition-related receivables[72]. - The total value of securities investments at the end of the period was 2,827.98 million RMB, reflecting a net change of -118.53 million RMB[77]. - The company’s total assets at the end of the reporting period amounted to CNY 3,886,201,166.68[137]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle, with no significant doubts about the company's ability to continue operations for the next 12 months[151]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial reports reflect the true financial status and operating results[153]. - The company’s significant accounting policies include provisions for bad debts, depreciation of fixed assets, and revenue recognition[152]. - The company recognizes deferred tax assets related to deductible temporary differences if new information indicates that the economic benefits can be realized within 12 months post-acquisition, reducing goodwill accordingly[161].

兰生股份公告，2025年上半年营业收入5.53亿元，同比下降6.21%。净利润5693.24万元，同比下降 30.74%。公司2025年半年度利润分配预案为：以公司总股本7.36亿股扣减公司回购专用证券账户股份 1135万股，即以7.24亿股为基数，向全体股东每10股派发现金红利0.60元（含税）。 ...

证券代码：600826 证券简称：兰生股份 公告编号：临2025-029 东浩兰生会展集团股份有限公司 2025年第一次临时股东会决议公告 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。 重要内容提示： ● 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东会召开的时间：2025年8月20日 (二)股东会召开的地点：上海市博成路850号上海世博展览馆B2层5号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，公司董事、监事、高级管理人员及北京市通商律师事务所上海分所律师出 席了会议，陈小宏董事长主持会议，大会审议了会议的所有议案，本次会议以现场记名投票与网络投票 相结合的方式召开。会议的召开和表决方式符合《公司法》及本公司章程的有关规定。 (五)公司董事、监事和董事会秘书的出席情况 3、公司董事会秘书出席会议；公司高级管理人员列席会议。 二、议案审议情况 (一)非累积投票议案 1、议案名 ...

证券日报网讯8月20日晚间，兰生股份（600826）发布公告称，公司聘任李理女士为公司副总裁。 ...