Core Insights - A total of 111 stocks in the Shanghai and Shenzhen markets have received net buying from major funds for five consecutive days or more as of September 16 [1] - The stock with the longest consecutive net buying days is Haotaitai, which has seen net buying for 14 consecutive trading days [1] - Other notable stocks with significant net buying days include Tianpu Co., CNOOC Engineering, Jianfeng Group, Jiankangyuan, Xingrong Environment, Shandong Publishing, Pudong Construction, and Hunan Haili [1]

Meeting Overview - The shareholders' meeting was held on September 16, 2025, at the company's office in Jinan [1] - The meeting was chaired by the company's chairman, Liu Wenqiang, and utilized a combination of on-site and online voting methods [1][2] - Attendance included 4 out of 6 current directors, 3 out of 4 supervisors, and the company secretary [2] Resolutions Passed - The election of Li Tao as a director of the fourth board was approved [2] - The profit distribution plan for the first half of 2025 was approved [2] - Amendments to the company's articles of association and organizational structure were approved [3] - The reappointment of the financial and internal control auditing firm for 2025 was approved [3] Voting and Legal Compliance - The resolutions were significant matters affecting minority shareholders, and separate voting was conducted for them [3] - The special resolution regarding the amendments to the articles of association received more than two-thirds approval from the voting shareholders [3] - The legal firm Guohao (Jinan) provided witness services and confirmed the legality of the meeting's procedures and voting results [3]

Meeting Overview - The second extraordinary general meeting of shareholders was held on September 16, 2025, at the company's headquarters in Jinan [1] - The meeting was chaired by the company's chairman, Liu Wenqiang, and utilized a combination of on-site and online voting methods [1] Attendance - Out of 6 current directors, 4 attended the meeting, with 2 directors authorizing others to represent them [2] - 3 out of 4 current supervisors attended, while the chairman of the supervisory board was absent [2] - The company secretary and several senior management personnel were present at the meeting [2] Resolutions Passed - The following resolutions were approved during the meeting: 1. Election of Li Tao as a director of the fourth board of directors [3] 2. Approval of the 2025 semi-annual profit distribution plan [3] 3. Revision of the company's articles of association and corresponding adjustments to the organizational structure [4] 4. Renewal of the financial and internal control audit institution for 2025 [4] - The third resolution was a special resolution, requiring more than two-thirds approval from the voting shareholders [4] Legal Verification - The meeting was witnessed by lawyers from Guohao Law Firm (Jinan), who confirmed that the meeting's procedures complied with legal and regulatory requirements [4]

国浩律师（济南）事务所 关于 山东出版传媒股份有限公司 2025 年第二次临时股东大会 济南市龙奥西路 1 号银丰财富广场 C 座 19、20、25 层邮编：250014 19th-20th、25thFloor,BlockC,YinfengFortunePlaza,No.1Long'aoWestRoad,Jinan 电话/Tel:+8653186112118 传真/Fax:+8653186110945 网址/Website:http://www.grandall.com.cn 之 法律意见书 北京上海深圳杭州广州昆明天津成都宁波福州西安南京南宁济南重庆苏州长沙太原武汉贵阳乌鲁木齐郑州石家庄合肥海南青岛 香港巴黎马德里硅谷斯德哥尔摩纽约 BEIJING|SHANGHAI|SHENZHEN|HANGZHOU|GUANGZHOU|KUNMING|TIANJIN|CHENGDU|NINGBO|FUZHOU|XI'AN|NANJING|NANNING|JINAN|CHONGQING|SUZHOU|CHANGSHA|TAIYUAN|WUHAN|GUIYANG|URUMQI|ZHENGZHOU|SHIJIAZHUANG|H ...

| 1、出席会议的股东和代理人人数 | 549 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数 | | | （股） | 1,735,242,040 | | 3、出席会议的股东所持有表决权股份数占公司 | | | 有表决权股份总数的比例（%） | 83.1492 | (一) 股东大会召开的时间：2025 年 9 月 16 日 (二) 股东大会召开的地点：济南市市中区英雄山路 189 号山东 出版传媒股份有限公司 4 楼会议室 (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。 本次股东大会由公司董事会召集，公司董事长刘文强主持会 议。股东大会采取现场记名投票与网络投票相结合的方式表决。 表决方式符合《公司法》及《公司章程》的规定。 证券代码：601019 证券简称：山东出版 公告编号：2025-045 山东出版传媒股份有限公司 2025年第二次临时股东大会决议公告 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 ...

Core Points - The publishing sector experienced a slight decline of 0.03% on September 16, with major losses led by Guangdong Media [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Publishing Sector Performance - Notable gainers in the publishing sector included: - Tianzhou Culture (300148) with a closing price of 5.22, up 3.78% and a trading volume of 767,000 shares, totaling 394 million yuan [1] - Xinhua Wenhui (601811) closed at 15.52, up 3.12% with a trading volume of 97,600 shares, totaling 151 million yuan [1] - Guomai Culture (301052) closed at 69.94, up 2.99% with a trading volume of 72,200 shares, totaling 503 million yuan [1] - Major decliners included: - Guangdong Media (002181) closed at 8.54, down 5.53% with a trading volume of 1,277,900 shares, totaling 1.106 billion yuan [2] - Zhongyuan Media (000719) closed at 12.11, down 1.46% with a trading volume of 71,200 shares, totaling 86.4937 million yuan [2] - Zhongnan Media (601098) closed at 12.58, down 1.10% with a trading volume of 127,800 shares, totaling 161 million yuan [2] Capital Flow Analysis - The publishing sector saw a net outflow of 44.20 million yuan from institutional investors, while retail investors contributed a net inflow of 82.39 million yuan [2] - Key stocks with significant capital flow included: - Zhongwen Online (300364) had a net inflow of 69.01 million yuan from institutional investors, but a net outflow of 74.83 million yuan from retail investors [3] - Tianzhou Culture (300148) experienced a net inflow of 31.57 million yuan from institutional investors, but a net outflow of 13.19 million yuan from retail investors [3] - Xinhua Wenhui (601811) had a net inflow of 23.92 million yuan from institutional investors, with a net outflow of 25.90 million yuan from retail investors [3]

山东出版传媒股份有限公司 2025 年第二次临时股东大会 会议资料 二〇二五年九月 山东出版(601019) 2025 年第二次临时股东大会会议资料 山东出版传媒股份有限公司 2025 年第二次临时股东大会会议须知 为了维护广大投资者的合法权益，保证山东出版传媒股份有 限公司（简称"公司"）股东在公司 2025 年第二次临时股东大会 （简称"本次会议"）上依法行使职权，确保本次会议的正常秩 序和议事效率，根据《中华人民共和国公司法》（简称"《公司 法》"）《上市公司股东会规则》《公司章程》《公司股东大会议 事规则》等有关规定，制定以下会议须知。 一、会议的组织方式 1．会议由公司董事会依法召集。 2．本次会议的出席人员为 2025 年 9 月 9 日下午上海证券交 易所交易结束后，在中国证券登记结算有限责任公司上海分公司 登记在册的本公司股东或其委托代理人的实际参会人员；本公司 董事、监事和高级管理人员；本次会议见证律师等。 3．本次会议行使《公司法》《公司章程》《公司股东大会议 事规则》等规定的股东大会职权。 二、会议的表决方式 1．出席本次会议的股东及股东代表以其所代表的有表决权 股份数额行使表决权。参会 ...

Market Overview - The publishing sector experienced a decline of 0.44% on September 1, with Shandong Publishing leading the drop [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Stock Performance - Notable gainers in the publishing sector included: - Guomai Culture (301052) with a closing price of 83.17, up 7.72% and a trading volume of 71,500 shares, totaling 585 million yuan [1] - Publishing Media (666109) closed at 7.22, up 3.00% with a trading volume of 117,100 shares, totaling 84.5154 million yuan [1] - Conversely, significant decliners included: - Shandong Publishing (610109) with a closing price of 8.68, down 5.24% and a trading volume of 321,200 shares, totaling 281 million yuan [2] - Zhongyuan Media (000719) closed at 12.52, down 3.84% with a trading volume of 250,000 shares, totaling 316 million yuan [2] Capital Flow - The publishing sector saw a net outflow of 157 million yuan from institutional investors, while retail investors contributed a net inflow of 14.7417 million yuan [2] - The capital flow for specific stocks indicated: - Guomai Culture had a net inflow of 58.2426 million yuan from institutional investors, but a net outflow of 48.5944 million yuan from retail investors [3] - Wanhua Media (601801) experienced a net inflow of 21.9313 million yuan from institutional investors, while retail investors had a net outflow of 32.5222 million yuan [3]

Group 1 - The core index, the CSI State-Owned Enterprises Dividend Index (000824), experienced a decline of 0.21% as of September 1, 2025, with mixed performance among constituent stocks [1] - Notable gainers included COFCO Sugar (600737) with a 10% limit up, Luxi Chemical (000830) rising by 6.74%, and Western Mining (601168) increasing by 3.75% [1] - The National Enterprise Dividend ETF (159515) underwent a downward adjustment, with the latest price at 1.14 yuan [1] Group 2 - The CSI State-Owned Enterprises Dividend Index is composed of 100 listed companies selected for their high cash dividend yields, stable dividends, and certain scale and liquidity [2] - As of August 29, 2025, the top ten weighted stocks in the index accounted for 16.84% of the total index weight, with significant contributors including COSCO Shipping Holdings (601919) and Jizhong Energy (000937) [2] - The ETF has seen a recent increase in scale, growing by 517.46 million yuan over the past week, and an increase of 5.4 million shares in the same period [1][2] Group 3 - High dividend strategies are characterized by returns from both capital gains and dividend income, focusing on mature lifecycle companies with strong profitability and cash flow [2] - The positive cycle of stable earnings, continuous dividends, and enhanced return on equity (ROE) supports the high success rate of these strategies [2] - The recent decline in the overall dividend yield of the Wind All A Index is attributed to rising stock prices and elevated valuations, which dilute the dividend yield [1][2]

Group 1 - The core viewpoint of the news is that Shandong Publishing experienced a decline of 5.02% in its stock price, reaching 8.70 yuan per share, with a trading volume of 175 million yuan and a turnover rate of 0.95%, resulting in a total market capitalization of 18.156 billion yuan [1] - Shandong Publishing Media Co., Ltd. was established on December 28, 2011, and listed on November 22, 2017. The company’s main business includes publishing, distribution, printing, and trading of printing materials, with a complete industry chain that integrates internet media, digital publishing, and information technology [1] - The revenue composition of Shandong Publishing is as follows: 83.48% from textbooks and teaching aids, 13.55% from general books, 11.14% from materials, 10.79% from foreign trade, and other categories contributing smaller percentages [1] Group 2 - From the perspective of major fund holdings, one fund under China Europe Fund has a significant position in Shandong Publishing. The fund, China Europe State-Owned Enterprise Dividend Mixed A (019015), held 364,100 shares, accounting for 3.29% of the fund's net value, making it the second-largest holding [2] - The fund China Europe State-Owned Enterprise Dividend Mixed A (019015) was established on September 25, 2023, with a latest scale of 33.8038 million. Year-to-date returns are 7.28%, with a ranking of 6194 out of 8254 in its category, and a one-year return of 17.05%, ranking 6046 out of 8037 [2]