（编辑 丛可心） 证券日报网讯 12月29日，江苏有线发布公告称，公司于2025年12月29日召开第六届董事会第十四次会 议，审议通过《关于聘任胡俊为江苏有线董事会秘书的议案》，根据公司董事长庄传伟先生提名，董事 会决定聘任胡俊先生为公司董事会秘书，任期自本次董事会审议通过之日起至第六届董事会任期届满之 日止；同时审议通过《关于聘任陆水琴为江苏有线财务负责人的议案》，根据公司总经理朱瑞娟女士提 名，董事会决定聘任陆水琴女士为公司财务负责人，任期自本次董事会审议通过之日起至第六届董事会 任期届满之日止。 ...

证券代码：600959 证券简称：江苏有线 公告编号：2025-035 董事会 2025 年 12 月 29 日 1 附件：简历 1、胡俊，男，中国籍、无境外居留权，1985 年 2 月出生，中共党员，研究 生学历，博士学位，研究员级高级工程师。历任江苏有线技术研究院有限公司技 术管理部部长、综合管理部经理，江苏有线数据网络有限责任公司副总经理、党 委委员，江苏有线技术研究院有限公司总经理、江苏有线技术中心副主任（兼）。 现任江苏有线网络发展有限责任公司总经理。胡俊先生已参加上海证券交易所举 办的董秘任职资格培训，并取得了董事会秘书任职培训证明。 江苏省广电有线信息网络股份有限公司 关于聘任董事会秘书、财务负责人的公告 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。 江苏省广电有线信息网络股份有限公司（以下简称公司）于 2025 年 12 月 29 日在南京市召开第六届董事会第十四次会议。会议审议并通过了《关于聘任 胡俊为江苏有线董事会秘书的议案》，根据公司董事长庄传伟先生提名，董事会 决定聘任胡俊先生（简历附后）为公司董事会 ...

证券代码：600959 证券简称：江苏有线 公告编号：2025-034 江苏省广电有线信息网络股份有限公司 第六届董事会第十四次会议决议公告 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。 江苏省广电有线信息网络股份有限公司（以下简称公司）于 2025 年 12 月 29 日在南京市召开第六届董事会第十四次会议。本次会议应出席董事 9 名，实 际出席董事 9 名。本次会议的召开符合《江苏省广电有线信息网络股份有限公司 章程》及《江苏省广电有线信息网络股份有限公司董事会议事规则》的规定。会 议以书面投票方式审议通过以下决议： 三、审议并通过了《关于修订<江苏省广电有线信息网络股份有限公司"三 重一大"决策制度实施办法>的议案》。 一、审议并通过了《关于聘任胡俊为江苏有线董事会秘书的议案》。 1 该议案已经过公司第六届董事会提名委员会第三次会议审议通过并同意提 交董事会审议。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 2025-035）。 具体内容详见上海证券交易所网站（www.sse.com.cn)披露的《江苏省广电 ...

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600936 广西广电 | | 1.314 | 17.26% | -4633.53万 | -6.10% | -8481.14万 | -11.16% | | 601929 吉视传媒 | | 3812.55万 | 5.69% | -105.65万 | -0.16% | -3706.90万 | -5.53% | | 000917 电广传媒 | | 1691.15万 | 1.42% | -2894.88万 | -2.44% | 1203.73万 | 1.01% | | 600037 | 歌华有线 | 917.81万 | 10.96% | -679.23万 | -8.11% | -238.58万 | -2.85% | | 300770 新媒股份 | | 844.79万 | 5.81% | -708.61万 | -4.88% | -136.17万 | -0.94% | | 00066 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 920021 | 流金科技 | 6.91 | 5.02% | 21.65万 | 1.48亿 | | 600996 | 贵广网络 | 10.94 | 2.63% | 29.10万 | 3.21亿 | | 300770 | 新媒股份 | 43.56 | 1.18% | 2.09万 | 9111.80万 | | 000917 | 电广传媒 | 10.12 | 1.00% | 1 77.81万 | 7.86亿 | | 002238 | 天威视讯 | 8.22 | 0.98% | 15.16万 | 1.24亿 | | 000156 | 化数传媒 | 7.50 | 0.67% | 5.86万 | 4388.59万 | | 600637 | 东方明珠 | 9.46 | 0.32% | 35.17万 | 3.31亿 | | 601929 | 吉视传媒 | 3.36 | 0.30% | 83.83万 | 2.81亿 | | 600959 | 江苏有线 | 3.40 ...

Market Overview - The television broadcasting sector experienced a decline of 0.95% on the previous trading day, with the leading stock, Dianguang Media, falling significantly [1] - The Shanghai Composite Index closed at 3867.92, down 0.55%, while the Shenzhen Component Index closed at 13112.09, down 1.1% [1] Stock Performance - Guangxi Radio and Television (600936) saw a notable increase of 9.98%, closing at 4.52, with a trading volume of 2.4727 million shares and a transaction value of approximately 1.099 billion [1] - Other stocks in the sector showed mixed performance, with Hubei Radio and Television (000665) up by 0.92% and Jiangsu Cable (600959) down by 0.29% [1] Capital Flow - The television broadcasting sector experienced a net outflow of 339 million in main funds, while retail investors contributed a net inflow of 201 million [2] - The data indicates that speculative funds had a net inflow of 139 million, suggesting a divergence in investment strategies among different investor types [2] Individual Stock Capital Flow - Tianwei Video (002238) had a main fund net inflow of 6.3305 million, while retail investors showed a net outflow of 819.72 thousand [3] - Other stocks like Guohua Cable (600037) and Huasu Media (000156) also displayed varied capital flows, with significant retail inflows and outflows [3]

江苏有线南京分公司深入贯彻国家"文化数字化"战略部署，积极践行省公司"文化+科技"融合发展理 念，与行业领军企业江苏巨量千川科技有限公司携手合作。自2025年1月15日双方签订战略合作协议以 来，南京分公司依托前瞻性布局共同打造基于广电网络的电竞云算力解决方案，全力推动"云算力服务 平台"高质量发展，成功开辟"文化+科技"融合新路径，为培育文化新质生产力注入强劲动能。 创新模式 以云算力为核心延伸业务边界 南京分公司充分发挥广电网络资源禀赋优势，以云算力为核心支点，创新构建"轻终端+云端算力"的全 新商业模式。该模式突破传统视听服务范畴，将业务触角延伸至电竞这一新兴领域，有效带动基础业务 增长与用户结构优化，闯出算力高效变现新路径。截至目前，项目已成功入驻42家酒店，覆盖终端2877 个，业务半径进一步扩展至周边城市；预计全年将实现44家酒店入驻、终端覆盖超3000个的目标，市场 快速扩张将驱动项目营收强劲增长，全年营收预计突破千万元。 创新模式 以云算力为核心延伸业务边界 技术支撑 构建"中心-边缘"协同算力网络 依托省干网络的强大支撑，项目已实现南京中心节点对周边城市的毫秒级低延迟服务，为构建"中心-边 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000665 | 湖北广电 | 5.71 | -0.70% | 23.60万 | 1.34亿 | | 600936 | 广西广电 | 3.41 | -0.29% | 8.96万 | 3047.83万 | | 000156 | 华数传媒 | 7.58 | 0.13% | 11.13万 | 8392.88万 | | 300770 | 新媒股份 | 43.01 | 0.26% | - 3.23万 | 1.39亿 | | 601929 | 吉视传媒 | 3.58 | 0.85% | 130.86万 | 4.64亿 | | 600959 | 江苏有线 | 3.46 | 0.87% | 35.84万 | 1.23亿 | | 600037 | 歌华有线 | 7.55 | 0.94% | 12.66万 | 9480.26万 | | 301551 | 元线传媒 | 33.10 | 1.47% | 5.03万 | 1.64亿 | | 301262 | 海量股份 | 4 ...

Investment Rating - The report does not explicitly provide an investment rating for the cable television industry Core Insights - The cable television industry is a crucial information infrastructure for the country and is under pressure from new media and internet competition, despite some user recovery due to policy interventions [2][14] - As of Q3 2025, the actual number of cable television users reached 207 million, showing a slight decline of 0.96% compared to the end of 2024, but a quarter-on-quarter increase of 0.49% [4][35] - The total revenue of the broadcasting and television service industry in the first three quarters of 2025 was 1,048.919 billion yuan, representing a year-on-year growth of 4.59% [4] Industry Operation Status - The broadcasting and television service industry saw total revenue of 1,048.919 billion yuan in the first three quarters of 2025, with actual revenue of 193.4598 billion yuan, up 4.31% year-on-year [4] - The revenue from broadcasting institutions was 446.904 billion yuan, up 6.73%, while revenue from online audio-visual service institutions was 602.015 billion yuan, up 3.05% [4][7] - The cable television network revenue has shown limited fluctuation, indicating a stable but pressured revenue stream [5] Competitive Landscape - The cable television industry faces significant user diversion due to the growth of new media, broadband networks, and mobile communications [11] - As of Q3 2025, the number of mobile internet users reached 1.269 billion, with video app monthly active users at 799 million, accounting for 62.96% of total internet users [11] - The short video sector has also seen explosive growth, with 1.129 billion monthly active users as of September 2025 [11] Policy Developments - In 2025, significant progress was made in hotel television governance and simplification of remote controls, which helped facilitate user recovery [16] - New standards for residential projects were implemented to ensure the inclusion of cable television systems, enhancing the infrastructure for broadcasting services [17] Company Performance - Among the eight sample companies, only three reported revenue growth: Jishi Media, Jiangsu Cable, and Huashu Media, with growth rates of 3.00%, 2.79%, and 0.92% respectively [18] - The remaining five companies experienced revenue declines, with Guizhou Network and Shaanxi Broadcasting facing the most significant drops of -27.63% and -22.16% [19] - Profitability varied, with Jiangsu Cable's profit increasing by 6.08%, while Huashu Media's profit decreased by 11.36% [24] Financial Health - The average debt-to-asset ratio for sample companies was 56.19%, with some companies exceeding 80%, indicating high leverage [28] - Cash flow from investment activities was generally negative, with several companies relying on external financing to meet their needs [32] Summary - The cable television industry is experiencing user recovery due to policy support, but it continues to face intense competition from new media and the internet [35] - Revenue growth is uneven among companies, with many facing losses and increasing debt levels, while the impact of 5G services on performance remains limited [35]

Core Viewpoint - The television broadcasting sector experienced a decline of 1.48% on the trading day, with significant losses in key stocks such as Guangdian Network, which fell by 2.73% [1][2]. Market Performance - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1]. - The television broadcasting sector saw a net outflow of 242 million yuan from major funds, while retail investors contributed a net inflow of 187 million yuan [2][3]. Stock Performance - Key stocks in the television broadcasting sector showed varied performance: - Guangdian Network (600831) closed at 4.63, down 2.73% with a trading volume of 158,800 shares and a turnover of 73.83 million yuan [2]. - Wireless Media (301551) closed at 35.47, down 2.34% with a trading volume of 34,800 shares and a turnover of 124 million yuan [2]. - Other notable declines included: - Jishi Media (601929) down 2.31% to 3.80 [2]. - Gehua Cable (600037) down 2.30% to 7.63 [2]. - Dongfang Mingzhu (600637) down 2.28% to 9.84 [2]. Fund Flow Analysis - The fund flow analysis indicates: - Major funds showed a significant outflow from Guangdian Network, with a net outflow of 13.46 million yuan, representing an 18.23% decrease [3]. - Retail investors showed a positive net inflow into Guangdian Network, amounting to 13.03 million yuan, or 17.65% of the total [3]. - Other stocks like Jiangsu Cable (600959) and Hubei Broadcasting (000665) also experienced notable outflows from major funds [3].