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证券之星消息，2月3日出版板块较上一交易日上涨1.52%，中文在线领涨。当日上证指数报收于 4067.74，上涨1.29%。深证成指报收于14127.1，上涨2.19%。出版板块个股涨跌见下表： 从资金流向上来看，当日出版板块主力资金净流出1.71亿元，游资资金净流出7116.42万元，散户资金净 流入2.42亿元。出版板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300364 | 中文在线 | 31.91 | 4.01% | 58.87万 | 18.55 亿 | | 002181 | 寧传媒 | 12.38 | 3.25% | 125.44万 | 15.36亿 | | 601900 | 南方传媒 | 15.30 | 2.68% | - 14.60万 | 2.22亿 | | 601858 | 中国科传 | 21.16 | 2.27% | 10.36万 | 2.18亿 | | 601801 | 皖新传媒 | 6.93 | 2.21% | 14.68万 | 1.01亿 | ...

Group 1 - The core viewpoint of the report indicates that the fund, AI Fund China Europe Dividend Select Mixed Initiation A, has shown a profit of 1.5113 million yuan in Q4 2025, with a weighted average profit per fund share of 0.032 yuan. The fund's net value growth rate for the reporting period was 2.8%, and the fund size reached 61.4973 million yuan by the end of Q4 [3][15] - The fund is categorized as a mixed equity fund, with a unit net value of 1.29 yuan as of January 22. The fund managers are Liu Yong and Zhang Xue Ming [3] - The fund management expresses optimism about the future of dividend investment in China, suggesting there is still room for further development and deeper exploration. They plan to enhance research in this area and refine existing dividend strategies [3] Group 2 - As of January 22, the fund's three-month cumulative net value growth rate is 4.09%, ranking 514 out of 689 comparable funds. The six-month growth rate is 6.58%, ranking 603 out of 689, and the one-year growth rate is 18.55%, ranking 581 out of 673 [3] - The fund's Sharpe ratio since inception is 1.3735, indicating a favorable risk-adjusted return [8] - The maximum drawdown since inception is 6.78%, occurring in Q2 2025, which is the highest quarterly drawdown recorded [11] Group 3 - The average stock position since inception is 86.6%, compared to the peer average of 84.04%. The fund reached its highest stock position of 92.16% at the end of Q3 2025 and its lowest of 67.43% at the end of Q3 2024 [14] - As of the end of Q4 2025, the fund's top ten holdings include Guangzhou Development, Nanjing High-Tech, Weifu High-Tech, Huadian International, Ordos, Nanjing Steel, Wuxi Bank, Shandong Publishing, Guiyang Bank, and Zhongchuang Zhiling [18]

证券日报网讯1月20日，山东出版（601019）在互动平台回答投资者提问时表示，公司主营业务以出 版、发行、印刷、印刷物资贸易等为主，版权收入占比较小。 ...

Core Viewpoint - The provincial government emphasizes the importance of enhancing the capabilities and competitiveness of state-owned enterprises (SOEs) in Shandong, focusing on high-quality development and innovation in response to new economic challenges [1][2]. Group 1: Development Strategies - The government aims to accelerate the cultivation of new productive forces, optimize traditional industries, and foster emerging industries while ensuring a forward-looking layout for future industries [2]. - There is a strong emphasis on promoting green and low-carbon transformation, focusing on building a new energy system, energy conservation, carbon reduction, and efficient resource utilization [2]. - The government plans to enhance the safety of industrial and supply chains, stabilize supply chains, and improve autonomous innovation capabilities [2]. Group 2: Internal Management and Governance - The internal management of enterprises will be strengthened, guided by the improvement of the modern enterprise system with Chinese characteristics, including a robust decision-making system and internal control mechanisms [2]. - Continuous optimization of state-owned resource allocation is prioritized, focusing on core responsibilities and deepening restructuring and asset revitalization [2]. - There is a call for SOEs to take on social responsibilities and contribute more to the construction of a modernized strong province [2]. Group 3: Leadership and Political Construction - The importance of strengthening the leadership and political construction of SOEs is highlighted, with a focus on enhancing grassroots foundations and deepening anti-corruption efforts [2]. - SOE leaders are encouraged to enhance their overall perspective and resilience in tackling challenges, while maintaining integrity and promoting reform and development [2].

Core Viewpoint - The publishing sector experienced a significant decline, with a drop of 4.09% on January 16, led by China Science Publishing, which fell by 9.99% [1] Market Performance - The Shanghai Composite Index closed at 4101.91, down 0.26% - The Shenzhen Component Index closed at 14281.08, down 0.18% [1] Individual Stock Performance - China Science Publishing (601858) closed at 21.54, down 9.99% with a trading volume of 313,900 shares and a turnover of 694 million yuan - Rongxin Culture (301231) closed at 38.52, down 9.41% with a trading volume of 109,500 shares and a turnover of 432 million yuan - Zhongwen Online (300364) closed at 32.91, down 8.46% with a trading volume of 1,288,400 shares and a turnover of 428.1 million yuan - Other notable declines include Southern Media (601900) down 5.09%, Tianzhou Culture (300148) down 4.90%, and CITIC Publishing (300788) down 4.86% [1] Capital Flow Analysis - The publishing sector saw a net outflow of 1.067 billion yuan from institutional investors, while retail investors contributed a net inflow of 943 million yuan [1] - The table of capital flow indicates that Southern Media had a net inflow of 11.2999 million yuan from institutional investors, while it faced a net outflow of 44.1266 million yuan from retail investors [2]

Core Viewpoint - Shandong Publishing (601019) is actively expanding its book business both domestically and internationally, enhancing its cultural influence and market presence through copyright exports to over 40 countries [1] Group 1: Business Operations - The company's book business primarily focuses on Shandong but aims to reach a national audience [1] - Shandong Publishing has successfully exported book copyrights to more than 40 countries, including the United States, United Kingdom, Germany, South Korea, Russia, UAE, Indonesia, Thailand, and Vietnam [1] - The company has engaged in copyright exports in over 30 languages, which has effectively increased its international communication capabilities [1] Group 2: Future Plans - The company plans to further expand its market coverage and enhance its brand influence and market share [1]

Core Viewpoint - The company, Shandong Publishing (601019.SH), is actively engaged in international book copyright trade, exporting to over 40 countries, which enhances its global influence and cultural impact [2]. Group 1: Business Operations - The company's book business is primarily focused in Shandong province but also serves the entire nation [2]. - The company has successfully exported its products to countries including the United States, United Kingdom, Germany, South Korea, Russia, UAE, Indonesia, Thailand, and Vietnam, covering over 30 languages [2]. Group 2: Future Plans - The company aims to further expand its market coverage and enhance its brand influence and market share [2].

Market Overview - On January 7, the Shandong state-owned enterprise reform sector fell by 0.13% compared to the previous trading day, with Shida Shenghua leading the decline [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Stock Performance - Notable gainers in the Shandong state-owned enterprise reform sector included: - Lixin Chuangtou (600783) with a closing price of 26.94, up 10.00% on a trading volume of 49,900 shares and a transaction value of 134 million [1] - Shandong Molong (002490) closed at 7.70, up 5.77% with a trading volume of 1.1299 million shares and a transaction value of 839 million [1] - Taihe New Materials (002254) closed at 11.71, up 4.46% with a trading volume of 612,500 shares and a transaction value of 707 million [1] Decliners - Key decliners included: - Shida Shenghua (603026) with a closing price of 76.09, down 4.05% and a trading volume of 143,400 shares [2] - Dongjie Intelligent (300486) closed at 18.71, down 3.61% with a trading volume of 210,600 shares [2] - Shandong Zhanggu (002598) closed at 9.15, down 2.76% with a trading volume of 256,500 shares [2] Capital Flow - The Shandong state-owned enterprise reform sector experienced a net outflow of 609 million from institutional investors, while retail investors saw a net inflow of 430 million [2] - The sector's capital flow indicates that institutional investors are withdrawing, while retail investors are increasing their positions [2] Individual Stock Capital Flow - Yanzhou Coal Mining (600188) had a net inflow of 213 million from institutional investors, but a net outflow of 141 million from retail investors [3] - Weichai Heavy Machinery (000880) saw a net inflow of 167 million from institutional investors, with a net outflow of 123 million from retail investors [3] - Lixin Chuangtou (600783) had a significant net inflow of 57.64 million from institutional investors, but retail investors withdrew 29.36 million [3]

Core Viewpoint - The publishing sector experienced a decline of 0.77% on January 7, with Southern Media leading the drop. The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1]. Group 1: Stock Performance - Longyuan Media (605577) closed at 13.57, up 2.65% with a trading volume of 84,900 shares and a transaction value of 116 million yuan [1]. - Xinhua Media (600825) closed at 6.41, up 1.58% with a trading volume of 203,200 shares and a transaction value of 130 million yuan [1]. - Southern Media (601900) closed at 13.27, down 3.77% with a trading volume of 189,600 shares and a transaction value of 254 million yuan [2]. - The overall publishing sector saw a net outflow of 304 million yuan from institutional funds, while retail investors contributed a net inflow of 177 million yuan [2]. Group 2: Fund Flow Analysis - Tianzhou Culture (300148) had a net inflow of 17.93 million yuan from institutional investors, while retail investors had a net outflow of 15.11 million yuan [3]. - Xinhua Media (600825) saw a net inflow of 16.84 million yuan from institutional investors, with retail investors experiencing a net outflow of 14.50 million yuan [3]. - The overall trend indicates that institutional funds are withdrawing from the publishing sector, while retail investors are showing some interest [2][3].