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： 为解决湖南教育报刊集团有限公司（以下简称"教育报刊集团"）、 湖南教育音像电子出版社有限公司（以下简称"教育音像社"）、 湖南地图出版社有限公司（以下简称"地图社"）与中南出版传媒 集团股份有限公司（以下简称"公司"或"中南传媒"）同业竞争 问题，综合考虑出版行业市场发展趋势、政策环境以及三家公司 经营实际，公司控股股东湖南出版投资控股集团有限公司（以下 简称"出版集团"）继续委托中南传媒经营管理教育报刊集团、教 育音像社、地图社三家公司，并签订委托经营管理合同，期限 5 年。三家公司的委托管理费用分别为：教育报刊集团 100 万元/ 年，教育音像社、地图社各 10 万元/年。 本次交易构成关联交易。 本次交易未构成重大资产重组。 本次交易已经公司第六届董事会第八次会议审议通过，需提交公 司股东会审议。 过去 12 个月公司与上述关联人除发生日常性关联交易外，未发生 非日常性关联交易。 一、概述 （一）为切实履行好避免同业竞争承诺，有效解决教育报刊集团、 教育音像 ...

证券代码：601098 证券简称：中南传媒 公告编号：2025-053 中南出版传媒集团股份有限公司 关于召开2025年第三次临时股东会的通知 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)股东会类型和届次 2025年第三次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 12 月 8 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 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六)融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 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 ...

证券代码：601098 股票简称：中南传媒 编号：临 2025-048 中南出版传媒集团股份有限公司（以下简称"公司"）第六届董事会 第八次会议于 2025 年 11 月 19 日以通讯方式召开。本次会议于 2025 年 11 月 14 日以电子邮件和送达的方式发出会议通知及相关资料。会议应参加表 决董事 10 人，实际参加表决董事 10 人。会议召开符合《公司法》和《公 司章程》的有关规定。 本次会议由董事长贺砾辉女士召集，采用记名投票方式，审议并通过 如下议案： 一、审议通过《关于与关联方签订委托经营管理合同暨控股股东申请 延长解决同业竞争承诺履行期限的议案》 详见上海证券交易所网站及刊载于《中国证券报》《上海证券报》《证 券时报》《证券日报》的《中南传媒关于与关联方签订委托经营管理合同暨 控股股东申请延长解决同业竞争承诺履行期限的公告》（编号：临 2025-049） 《中南传媒关于收到控股股东承诺函的公告》（编号：临 2025-050）。 表决结果：同意 4 票，反对 0 票，弃权 0 票。关联董事贺砾辉、杨壮、 李晖、熊名辉、周亦翔、王清学回避表决。 1 / 3 本议案事先已经公司第六届董事会独立董事 ...

中南传媒公告，全资子公司省新华书店及其分公司、子公司拟使用募集资金4800万元实施湖南图书城升 级改造项目。项目计划建设周期20个月，预计运行到第四年开始产生收益。项目总计划投资4800万元， 核心实施内容包括建筑内部功能分区重构、内部空间装修升级及建筑外立面改造。项目完成后，预计未 来十年为省新华书店带来累计收入2.7亿元、累计净利润868.17万元，投资回收期为9年。 ...

第三届"卓越大师・中国"长名单发布仪式亦于展会同期举行，由博洛尼亚展览集团/博洛尼亚童书展、 中南出版传媒集团及北京思路文化传播有限公司联合主办。本届共有20位中国原创插画师入围(按姓氏 首字母排序)：阿涩、陈又凌、大吴、戴敦邦、董昕昱、龚燕翎、贵图子、李尧、马玉、祁娇娜、苏颂 文、王祖民、萧翱子、颜新元、杨思帆、杨忠、于沁玉、岳帅、赵燕、郑晓飞。 中新网上海新闻11月19日电(许婧)第十二届中国上海国际童书展(CCBF)近日在上海世博展览馆举办。这 一汇聚全球童书资源、推动儿童阅读与产业发展的年度盛会，吸引了来自35个国家和地区的474家展 商。 王韶华认为，这个平台为创作者带来了更大的信心。"对于持续创作的插画师来说，这样的认可能够提 供重要的支持。未来，随着博洛尼亚童书展集团推出新的插画展会，入选者将拥有更多国际展示的机 会。" 展望未来项目发展，帕索利表示，"卓越大师·中国"只是一个起点，未来还将推出更多合作项目。"我们 已经在探讨一些新的计划，未来会有更多内容呈现。" 李晖亦提到，未来将从扩大行业影响力、加强IP运营、推进公益项目、促进国际大师交流等方面持续深 化合作。 "卓越大师·中国"在本次上海 ...

Core Viewpoint - Zhongnan Publishing and Media Group experienced a slight decline in stock price, with a trading volume of 168 million yuan on November 17, and notable financing activities indicating high investor interest [1] Financing Summary - On November 17, Zhongnan Publishing had a financing buy-in amount of 13.13 million yuan, with a net financing buy of 2.66 million yuan, while the total financing and securities balance reached 235 million yuan [1] - The current financing balance is 229 million yuan, accounting for 1.06% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1] - In terms of securities lending, 1,000 shares were repaid and 800 shares were sold on November 17, with a total selling amount of approximately 9,648 yuan, and the securities lending balance was 6.53 million yuan, also above the 90th percentile level over the past year [1] Financial Performance - As of September 30, Zhongnan Publishing reported a total revenue of 8.49 billion yuan for the first nine months of 2025, a year-on-year decrease of 9.37%, while the net profit attributable to shareholders increased by 22.32% to 1.17 billion yuan [2] - The company has cumulatively distributed dividends of 11.73 billion yuan since its A-share listing, with 3.23 billion yuan distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 42.59% to 30,200, while the average circulating shares per person decreased by 29.87% to 59,434 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 41.28 million shares, a decrease of 4.46 million shares from the previous period [3]

Industry Overview - The Chinese media industry has maintained rapid growth over the past 20 years, but growth rates have slowed due to the saturation of internet user demographics and the decline in traditional media advertising revenues [1][13] - In 2019, the growth rate of the media industry fell below 10% for the first time, with a total output value of 22,625.4 billion yuan, reflecting a growth rate of 7.95% [1][13] - The media industry experienced rare negative growth in 2022, primarily due to macroeconomic pressures, the impact of the pandemic, and regulatory changes in sectors like online gaming [1][13] - In 2023, the media industry began to recover, with a total output value of 31,518.23 billion yuan, marking an 8.38% year-on-year increase [1][13] - The projected total output value for the media industry in 2024 is approximately 34,157.9 billion yuan [1][13] Market Dynamics - The emergence of new competitive phenomena such as the rise of live-streaming e-commerce and the popularity of short dramas indicates that media companies must explore new avenues or enhance existing potential sectors to break through in a saturated market [1][13] - The media industry has formed a diverse and rich competitive landscape, encompassing content production, marketing services, channel distribution, and cultural communication [15] Policy and Regulation - Recent policies have focused on the integration of traditional and new media talent, encouraging professionals to leverage their skills across platforms to enhance the influence and credibility of mainstream media [7] - The government is also supporting high-quality cultural development, emphasizing the importance of original content creation across various media sectors [7] Industry Trends - The media industry is undergoing a profound transformation driven by technology, with AI and big data becoming core engines for content production and distribution [17] - The deep integration of media forms is reshaping user experiences, creating immersive storytelling through cross-media narratives and IP collaborations [18] - The industry is moving towards verticalization and community building, with platforms focusing on specific content areas to foster digital communities with strong cultural identities [19] Financial Performance - In 2022, the media sector's revenue was 4,701.87 billion yuan, a decline of 6.07% year-on-year, returning to 2019 levels [10] - The projected revenue for the media industry in 2024 is 6,059.64 billion yuan, reflecting a year-on-year growth of 1.89% [10] - The gaming sector showed significant growth, with revenues in the first half of 2025 reaching 544.52 billion yuan, a 22.17% increase year-on-year [11]

Core Insights - The article provides a comprehensive overview of the Chinese media industry, highlighting its vast and complex supply chain, which includes upstream, midstream, and downstream sectors [1][2][5]. Industry Overview - The Chinese media industry consists of various sectors, including publishing, film, exhibitions, broadcasting, internet marketing, and gaming, with numerous companies participating in each area [2][10]. - The industry is characterized by a large number of enterprises, with significant representation from companies such as BlueFocus (蓝色光标), Leo Group (利欧股份), and 37 Interactive Entertainment (三七互娱), all of which reported revenues exceeding 17 billion yuan in 2024 [10]. Regional Distribution - The majority of media companies in China are concentrated in Beijing, with over 121,000 registered media enterprises as of October 20, 2025. Guangdong follows with approximately 92,000 registered companies [5][7]. - Major representative companies are also distributed in Shanghai, Zhejiang, and Guangdong, indicating a concentration in the southeastern region of China [7]. Investment Trends - Recent investment activities in the media sector include acquisitions and capital increases in subsidiaries to expand business operations. Notable investments involve various companies across different funding rounds, including strategic investments and angel rounds [11][12].

Core Insights - The publishing sector experienced a slight decline of 0.0% on November 13, with Rongxin Culture leading the drop [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Market Performance - The following stocks in the publishing sector showed notable performance: - ST Huawen (000793) closed at 3.03, up 3.41% with a trading volume of 463,600 shares and a turnover of 138 million yuan [1] - Tianzhou Culture (300148) closed at 4.83, up 1.26% with a trading volume of 325,100 shares and a turnover of 156 million yuan [1] - Zhongwen Online (300364) closed at 26.62, up 0.91% with a trading volume of 256,000 shares and a turnover of 677 million yuan [1] - Rongxin Culture (301231) closed at 32.64, down 3.52% with a trading volume of 76,400 shares and a turnover of 253 million yuan [2] Capital Flow - The publishing sector saw a net outflow of 104 million yuan from institutional investors, while retail investors contributed a net inflow of 64.42 million yuan [2] - The following stocks had significant capital flow: - ST Huawen (000793) had a net inflow of 24.8 million yuan from institutional investors [3] - Tianzhou Culture (300148) experienced a net inflow of 489,820 yuan from institutional investors [3] - Phoenix Media (601928) had a net inflow of 497,730 yuan from institutional investors [3]

Market Overview - On November 12, the Hunan state-owned enterprise reform sector rose by 0.21% compared to the previous trading day, with Huibo Pu leading the gains [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Stock Performance - Key stocks in the Hunan state-owned enterprise reform sector showed varied performance, with Huibo Yin (002554) closing at 3.84, up 5.21% with a trading volume of 1.3849 million shares and a turnover of 531 million yuan [1] - Other notable performers included *ST Shengwu (000504) with a closing price of 10.08, up 5.00%, and Yedian Weiji (696009) at 8.75, up 3.92% [1] Capital Flow - The Hunan state-owned enterprise reform sector experienced a net outflow of 316 million yuan from institutional investors, while retail investors saw a net inflow of 224 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Hunan Gold (002155) had a net inflow of 72.31 million yuan from institutional investors, while Huibo Yin (002554) saw a net inflow of 69.96 million yuan [3] - Conversely, Huibo Yin experienced a significant net outflow of 88.11 million yuan from retail investors, indicating a divergence in investor sentiment [3]