证券代码：601098 股票简称：中南传媒 编号：临 2024-022 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。 中南出版传媒集团股份有限公司董事会 中南出版传媒集团股份有限公司（以下简称 "公司"）于 2024 年 8 月 3 日召开第五届董事会第十七次会议，审议通过了《关于增补公司第五 届董事会非独立董事的议案》，拟增补贺砾辉女士为公司第五届董事会非 独立董事，并事先经公司第五届董事会提名与薪酬考核委员会第九次会议 审议通过。本议案需提交公司股东大会审议。 二〇二四年八月五日 贺砾辉女士简历如下：贺砾辉，女，1973 年 2 月出生，中国国籍，无 境外居留权，汉族，湖南湘潭人，中共党员，高级经济师，中南大学企业 管理专业管理学硕士。1996 年 7 月至 2009 年 3 月历任湖南省印刷物资总公 司团支部书记、党委办公室主任，湖南岳麓书社总编室干部，湖南出版集 团党委办公室副主任、机关党委副书记、综合事务管理部部长，2009 年 3 月至 2012 年 3 月任湖南出版投资控股集团有限公司人力资源部部长、培训 学院 ...

关于召开 2024 年第一次临时股东大会的通知 证券代码：601098 证券简称：中南传媒 公告编号：临 2024-023 中南出版传媒集团股份有限公司 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 (一) 股东大会类型和届次 2024 年第一次临时股东大会 召开的日期时间：2024 年 8 月 21 日 14 点 30 分 召开地点：湖南省长沙市开福区营盘东路 38 号公司办公楼十楼会议室 (五) 网络投票的系统、起止日期和投票时间。 股东大会召开日期：2024年8月21日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运 作》等有关规定执行。 (七) 涉及公开征集股东投票权 无 二、 会议审议事项 本次股东大会审议议案及投票股东类型 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网 ...

证券代码：601098 股票简称：中南传媒 编号：临 2024-020 彭玻先生担任董事长期间，勇于改革，积极作为，确立建设世界一流 新型主流出版传媒集团的战略目标，推动公司在战略布局和转型发展上走 在全国前列，推动公司一般图书在全国图书零售市场实洋占有率跃居全国 地方出版集团第一，推动公司主要经济指标连续四年逆市增长并实现连续 十六届入选全国文化企业 30 强。公司对彭玻先生任职期间的勤勉尽责及为 公司做出的卓越贡献表示诚挚感谢！ 特此公告。 中南出版传媒集团股份有限公司董事会 二〇二四年七月二十五日 1 / 1 中南出版传媒集团股份有限公司关于董事长辞职的公告 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。 中南出版传媒集团股份有限公司(以下简称"公司")董事会于 2024 年 7 月 24 日收到董事长彭玻先生的辞职报告，彭玻先生因年龄原因，申请辞 去公司董事、董事长及董事会战略委员会召集人职务。 根据《公司法》、公司章程等有关规定，彭玻先生的辞任不会导致公司 董事会人数低于法定最低人数，辞职报告自送达公司董事会之日起生 ...

证券代码：601098 证券简称：中南传媒 公告编号：临 2024-019 中南出版传媒集团股份有限公司 2023 年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利 0.55 元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2024/7/11 | － | 2024/7/12 | 2024/7/12 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 1. 发放年度：2023 年年度 2. 分派对象： 三、 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2024/7/11 | － | 2024/7/12 | 2024/7/12 | 四、 分配实施办法 1. 实施办法 无限售条件流通股的红 ...

证券代码：601098 证券简称：中南传媒 公告编号:临 2024-018 中南出版传媒集团股份有限公司 关于全资子公司签订采购合同的公告 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。 对公司业绩的影响：通过本次采购合同的签订，公司继续成为2024 年度湖南省义务教育免费教科书、既定的教学辅助学习资源（小学一年级 学生字典等）、专题教育读本和地方课程教材的供应商，确保了公司主营业 务收入的稳定性，对公司2024年度的生产经营产生积极影响。 一、交易概述 根据《中华人民共和国民法典》《中华人民共和国政府采购法》及其他 有关法律、法规、规章，湖南省新华书店与湖南省教育厅于 2024 年 5 月 28 日签订《政府采购合同协议书》。2024 年湖南省义务教育免费教科书、既定 1 / 4 的教学辅助学习资源（小学一年级学生字典等）、专题教育读本和地方课程 教材，由湖南省新华书店统一提供。 二、合同当事人 1.湖南省教育厅 湖南省教育厅为湖南省人民政府组成部门，其主要职责是负责拟定全 省教育改革与发展战略、方针、政策和规划，并组织实施 ...

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [1] Core Views - The company achieved a revenue of 13.613 billion yuan in 2023, representing a year-on-year increase of 9.21%. The net profit attributable to the parent company was 1.855 billion yuan, a year-on-year growth of 32.55%. The net profit after deducting non-recurring gains and losses was 1.552 billion yuan, up 5.69% year-on-year [3][4] - The company has a strong focus on shareholder returns, with a total cash dividend of 988 million yuan in 2023, resulting in a dividend payout ratio of 53.26% and a dividend yield of 4.3% based on the closing price on May 24 [3][4] - The publishing business showed robust performance with a revenue of 3.602 billion yuan, a year-on-year increase of 4.75%. The company maintained a strong market position in the general book retail market with a market share of 3.8% [3][4] - The company plans to enhance its digital education offerings and new media operations, which are expected to drive future growth [3][4] Financial Summary - In 2023, the company reported a total revenue of 13.613 billion yuan, with a projected revenue of 14.940 billion yuan for 2024, indicating a growth rate of 9.7% [5][8] - The net profit for 2023 was 1.855 billion yuan, with a forecasted decline to 1.479 billion yuan in 2024 due to changes in income tax policies [3][4][8] - The company has a projected gross margin of 41.4% for 2023, which is expected to slightly decrease in the following years [8][9] - The company’s earnings per share (EPS) for 2023 is estimated at 1.03 yuan, with a forecasted decline to 0.82 yuan in 2024 [8][9] Valuation Analysis - The company is valued using both PE and PS methods, with a projected PE range of 14-18 times for 2024, corresponding to a fair value range of 11.48-14.76 yuan per share [3][4] - The PS valuation method suggests a fair value range of 12.48-14.97 yuan per share for 2024 [3][4] - The overall fair value range for the company is estimated to be between 12.48-14.76 yuan per share, supporting the "Outperform the Market" rating [3][4]

Summary of Conference Call Company Overview - The conference call involved 中南传媒 (Zhongnan Media), a leading cultural enterprise in China, which has been recognized as one of the top 30 cultural enterprises in the country for 15 consecutive years [1]. Financial Performance - In 2023, 中南传媒 achieved a revenue of 13.613 billion yuan, representing a year-on-year growth of 9.21% [1]. - The net profit attributable to shareholders, excluding non-recurring items, was 1.552 billion yuan, up by 5.69% year-on-year [1]. - The company has distributed dividends 13 times since its listing, totaling over 9.5 billion yuan, and plans to increase the frequency of dividends in 2024 [1][2]. Dividend Policy - For 2023, 中南传媒 proposed a cash dividend of 5.5 yuan per 10 shares, with an additional mid-term cash dividend of 1 yuan per 10 shares planned for 2024, totaling 6.5 yuan per 10 shares [2]. Taxation and Government Support - The company will face changes in its income tax policy due to the expiration of certain tax incentives, resulting in a one-time deferred tax expense of 214.48 million yuan [3]. - In Q1 2024, 中南传媒 received government subsidies totaling 42.27 million yuan, primarily for various development projects [4]. Business Segments Performance - The publishing segment reported a revenue of 11.41 billion yuan in 2023, a growth of 14.91%, with a net profit of 1.274 billion yuan, up by 19.82% [5]. - The general book segment maintained a strong market position, ranking second in both the overall and online book retail markets with market shares of 3.80% and 4.05%, respectively [6]. - The company has successfully adapted to the rise of short video platforms, generating significant revenue through new media marketing, particularly on Douyin (TikTok) [7]. New Business Initiatives - 中南传媒 has launched the "智趣新课后" program, a comprehensive solution for after-school services, which has been implemented in over 2,060 schools, serving 1.37 million students [8]. - The company is actively investing in new sectors, including energy storage and health products, with ongoing IPO processes for several projects [9]. Educational Services - The研学 (research study) business has seen substantial growth, achieving a revenue of 105 million yuan in 2023, a 263.13% increase [10]. Future Developments - The 马栏山 (Malanshan) project is expected to be completed by 2025, focusing on integrating culture and technology [11]. - The company is preparing to leverage artificial intelligence in digital education and media publishing to enhance traditional publishing [12]. Industry Challenges and Opportunities - 中南传媒 is addressing challenges from declining birth rates and an aging population by expanding into new business areas and enhancing services for the elderly [12]. This summary encapsulates the key points discussed during the conference call, highlighting 中南传媒's financial performance, strategic initiatives, and future outlook in the context of the cultural and publishing industry.

议案一： 中南出版传媒集团股份有限公司 China South Publishing & Media Group Co.,Ltd 2023 年年度股东大会会议资料 二〇二四年五月二十三日 关于公司董事会 2023 年度工作报告的议案 各位股东及股东代表： 2023 年，公司坚持以习近平新时代中国特色社会主义思想为 指引，深入学习贯彻党的二十大精神，新型主流出版传媒集团建 设迈出新步伐，高质量发展站上新台阶，各项工作均取得新的显 著成绩。公司连续十五届入选全国文化企业 30 强。公司董事会总 结 2023 年工作情况，分析未来发展形势，谋划 2024 年工作思路， 形成了董事会 2023 年度工作报告，请各位股东及股东代表审议。 附件：中南出版传媒集团股份有限公司董事会 2023 年度工作报告 中南出版传媒集团股份有限公司董事会 二〇二四年五月二十三日 1 附件： 中南出版传媒集团股份有限公司董事会 2023 年度工作报告 各位股东及股东代表： 现将公司董事会 2023 年度工作报告如下: 一、报告期内公司主要经营情况 2023 年，公司坚持以习近平新时代中国特色社会主义思想为 指引，深入学习贯彻党的二十大精神 ...

[Table_Page] 年报点评|传媒 证券研究报告 [中Table_南Title] 传媒（601098.SH） [公Tab司le_I评nves级t] 买入 当前价格 12.35元 24Q1 利润总额保持稳增长，分红频次增加 合理价值 14.55元 前次评级 买入 [ 核Tabl 心e_Su 观mm 点ary] ： 报告日期 2024-04-28  中南传媒披露2023年报和2024年一季报：（1）2023年，公司实现 [相Tab对le_P市icQ场uote表] 现 营收136.13亿元，同比增长9.21%；归母净利润18.55亿元，同比增 长32.55%；扣非归母净利润15.52亿元，同比增长5.69%。（2）24Q1， 20% 12% 公司实现营收30.00亿元，同比增长12.61%；归母净利润2.84亿元， 3% 同比减少18.18%；扣非归母净利润2.50亿元，同比减少24.54%。净 -5%04/23 06/23 08/23 10/23 12/23 02/24 04/24 利润下滑是因为自2024年起公司适用的免征企业所得税政策到期，而 -14% 24Q1利润总额同比增长15.37%，公司主业稳 ...

Financial Performance - The company's operating revenue for 2023 reached ¥13.61 billion, an increase of 9.21% compared to ¥12.46 billion in 2022[15]. - Net profit attributable to shareholders for 2023 was ¥1.85 billion, reflecting a significant growth of 32.55% from ¥1.40 billion in 2022[15]. - The basic earnings per share for 2023 was ¥1.03, up 32.05% from ¥0.78 in 2022[16]. - The weighted average return on equity increased to 12.41% in 2023, up 2.71 percentage points from 9.70% in 2022[16]. - The total profit reached CNY 1,740,403,600, with a year-on-year growth of 15.22%[30]. - The total operating revenue for 2023 reached CNY 13,613,031,787.85, an increase of 9.21%[30]. - The total comprehensive income for 2023 was CNY 1,950,487,779.82, compared to CNY 1,493,384,883.39 in 2022, reflecting an increase of approximately 30.6%[197]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 5.5 CNY per 10 shares, totaling approximately 987.8 million CNY, which represents 53.26% of the net profit attributable to shareholders for 2023[3]. - The cash dividend amount for the current year is 987.8 million, which represents 53.26% of the net profit attributable to ordinary shareholders in the consolidated financial statements[121]. - The total remuneration paid to directors, supervisors, and senior management in 2023 amounted to CNY 16.4568 million[99]. Audit and Compliance - The company has received a standard unqualified audit report from Tianzhi International Accounting Firm[2]. - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[2]. - The company has maintained a strict governance structure, ensuring independence from its controlling shareholder and compliance with relevant laws and regulations[85]. - The audit report confirmed that the financial statements fairly present the financial position and operating results of the company as of December 31, 2023[181]. Risk Management - The company has detailed potential risks in the management discussion and analysis section of the report[4]. - The company has not disclosed any significant events that would affect its operations in the report[4]. - The company has not reported any major risks or dissenting opinions from the supervisory board during the reporting period[113]. Market Position and Growth - The company ranked second in the national comprehensive book retail market with a market share of 3.80%, an increase of 2 positions year-on-year[23]. - The company achieved an operating revenue of 13.613 billion RMB, a year-on-year increase of 9.21%[23]. - The company is focusing on integrating technology into its operations, leveraging AI and cloud computing to drive industry and management upgrades[82]. - The company is actively involved in digital education, focusing on creating a digital product ecosystem and optimizing product structure[27]. Investments and Future Plans - The company plans to invest 244,889.55 million RMB in the construction of the Zhongnan Media Malanshan Park project, which aims to gather new industries such as short video and digital publishing[71]. - The company is exploring new business models and investment plans to safeguard shareholder interests due to market changes and technological updates[159]. - The company plans to expand its market presence through new product launches and technological advancements, aiming for a growth rate of over 10% in the next fiscal year[90]. Employee and Management Structure - The total number of employees in the parent company is 529, while the total number of employees in major subsidiaries is 12,781, resulting in a combined total of 13,310 employees[114]. - The company has established a salary policy that emphasizes the importance of rewarding frontline employees and those with outstanding contributions, while also encouraging innovation teams[116]. - The company has undergone several personnel changes, including the election of new directors and supervisors in 2023[100]. Environmental and Social Responsibility - The company invested 1.42 million yuan in environmental protection during the reporting period[127]. - The company successfully reduced CO₂ emissions by utilizing a 6.5MW solar power station, saving 3,202 tons of standard coal[129]. - The company donated a total of 18.34 million yuan for public welfare projects, including 11.06 million yuan in cash donations[133]. Financial Position - The total assets at the end of 2023 amounted to ¥25.37 billion, representing a 2.22% increase from ¥24.82 billion at the end of 2022[15]. - The company's total liabilities decreased to CNY 9.16 billion in 2023 from CNY 9.37 billion in 2022, reflecting a reduction of about 2.3%[192]. - The total owner's equity rose to CNY 16.20 billion in 2023, compared to CNY 15.45 billion in 2022, reflecting an increase of about 4.9%[192].