证券代码：601801 证券简称：皖新传媒 公告编号：临 2025-045 安徽新华传媒股份有限公司 关于召开 2025 年第三季度业绩说明会的预告公告 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： ●会议召开时间：2025年11月13日（星期四）15:00-16:00 ●会议召开地点：上海证券报•中国证券网(https://roadshow.cnstock.com/) ●会议召开方式：网络文字直播互动方式 会议召开方式：网络文字直播互动方式 会议召开地点：上海证券报•中国证券网(https://roadshow.cnstock.com/) 三、公司出席说明会的人员 公司董事长张克文先生，董事、副总经理丁勇先生，董事、副总经理、财务负责 人、董事会秘书肖晓英女士，独立董事程敏女士及相关部门负责人（如遇特殊情况， 参与人员可能会有所调整）。 1 ●问题征集方式：投资者可于2025年11月12日（星期三）17:00前将相关问题通过 电子邮件方式发送公司邮箱：ir@wxm.com。公司将在说明会上就投资者普遍关注的 ...

皖新传媒10月29日公告，2025年第三季度实现营业收入22.59亿元，同比下降27.72%；归属于上市公司 股东的净利润2.78亿元，同比增长18.98%；基本每股收益0.14元。前三季度实现营业收入68.51亿元，同 比下降17.83%；归属于上市公司股东的净利润9.56亿元，同比增长17.71%；基本每股收益0.49元。 ...

皖新传媒公告，第三季度营收为22.59亿元，同比下降27.72%；净利润为2.78亿元，同比增长18.98%。 前三季度营收为68.51亿元，同比下降17.83%；净利润为9.56亿元，同比增长17.71%。 ...

Investment Rating - The report maintains a "Buy" rating for the media industry, indicating a positive outlook for the sector [7][10]. Core Insights - The media industry has shown a weekly increase of 4.30%, ranking 6th among various sectors, with notable performances from companies like Rongxin Culture and Fantou Digital [13][20]. - AI applications and cultural exports are highlighted as key themes for investment, with a focus on sub-sectors such as gaming, IP, short dramas, and publishing [5][39]. - The short drama segment, particularly AI-enabled comic dramas, is experiencing explosive growth, with a projected market size exceeding 20 billion [38]. Summary by Sections Market Performance - The media industry (Shenwan) increased by 4.30% from October 18 to October 24, 2025, outperforming the Shanghai Composite Index, which rose by 2.88% [13][14]. - Notable stocks include Bilibili-W and Reading Group, which saw weekly increases of 11.24% and 9.88%, respectively [20]. Key Industry Data AI Application Data - Estimated iOS downloads for AI applications from October 17 to October 23 were 47.29K for Deepseek, 209.80K for Doubao, 69.49K for Quark, and 104.38K for Tencent Yuanbao, with respective week-over-week changes of -4.11%, -0.04%, -7.29%, and -10.96% [24]. Gaming Data - The National Press and Publication Administration issued 159 domestic and 7 imported game licenses in October. The top three iOS games as of October 23 were "Honor of Kings," "Genshin Impact: Sky Moon Song," and "Dungeon and Fighter: Origin" [25][28]. Film Data - The total box office for the week of October 18-24 was 230 million yuan, with "The Wandering Earth" leading at 47 million yuan, accounting for 20.4% of the weekly total [36]. Investment Recommendations - The report recommends focusing on AI applications and cultural exports, particularly in gaming, IP, short dramas, and publishing sectors. Key companies to watch include Giant Network, Kyeing Network, and Perfect World [5][39].

Market Overview - The publishing sector experienced a decline of 0.48% on the previous trading day, with Guomai Culture leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - Notable gainers in the publishing sector included: - Times Publishing (600551) with a closing price of 9.79, up 10.00% and a trading volume of 432,900 shares [1] - ST Huawen (000793) closed at 3.24, up 4.52% with a trading volume of 589,900 shares [1] - Conversely, Guomai Culture (301052) saw a decline of 3.31%, closing at 45.83 with a trading volume of 119,400 shares [2] - Other notable decliners included: - Chinese Online (300364) down 2.86% at 26.79 [2] - Reader Culture (301025) down 2.31% at 9.73 [2] Capital Flow Analysis - The publishing sector saw a net outflow of 263 million yuan from institutional investors, while retail investors contributed a net inflow of 158 million yuan [2] - The capital flow for individual stocks showed: - Times Publishing had a net inflow of 1.35 billion yuan from institutional investors, but a net outflow from retail investors [3] - ST Huawen had a net inflow of 11.44 million yuan from institutional investors [3] - Reader Culture experienced a slight net outflow of 336,200 yuan from institutional investors [3]

Core Insights - As of October 16, a total of 78 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] - The stocks with the longest streak of net buying are Kaisheng Technology, Wanxin Media, Jianyou Co., and Jinling Hotel, each having received net buying for nine consecutive trading days [1] - Other notable stocks with significant net buying days include Tiancheng Technology, China Electric Research, Junpu Intelligent, Hangxin Technology, Dongpeng Holdings, Shandong Publishing, Tongkun Co., and Yuanfang Information [1]

Core Insights - As of October 15, a total of 74 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] Group 1: Stocks with Longest Net Buying - The stocks with the longest consecutive net buying days are Wanxin Media, Jianyou Co., Jinling Hotel, Jinchun Co., and Kaisheng Technology, each having recorded net buying for eight consecutive trading days [1] Group 2: Other Notable Stocks - Other stocks with significant net buying days include Guanshi Technology, Haoneng Co., Ruidi Zhichu, Hangxin Technology, Tiancheng Technology, China Electric Research, Zhangzhou Development, and Junpu Intelligent [1]

Market Overview - The publishing sector experienced a decline of 1.28% on the previous trading day, with Guomai Culture leading the drop [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Individual Stock Performance - Zhongyuan Media (000719) saw a closing price of 12.19, with an increase of 1.41% and a trading volume of 141,700 shares, totaling 171 million yuan [1] - Guomai Culture (301052) closed at 48.00, down 2.95%, with a trading volume of 155,200 shares and a transaction value of 735 million yuan [2] - Chinese Online (300364) closed at 25.75, down 2.76%, with a trading volume of 365,700 shares and a transaction value of 938 million yuan [2] Capital Flow Analysis - The publishing sector experienced a net outflow of 144 million yuan from institutional investors, while retail investors saw a net inflow of 118 million yuan [2] - Major stocks like Zhongyuan Media and Anhui New Media had varying net inflows and outflows from institutional and retail investors, indicating mixed investor sentiment [3]

中邮证券研报指出，皖新传媒上半年归母净利润6.78亿元，同比下降17.19%；2025Q2归母净利润2.92亿 元，同比下降2.38%。收入短期承压，利润受益税收优惠与投资收益改善。基本盘仍具长期韧性，看好 新兴业务发力。公司在既有业务上，围绕场景创新、教育数字化与游戏发行等新兴赛道持续布局，有望 为中长期业绩打开新空间。根据公司《2024-2026年股东分红回报规划》，在盈利且未分配利润为正、 现金流满足正常经营和长期发展需要的前提下，公司后续每年仍将进行不少于一次现金分红。根据9月 29日收盘价，分别对应15/14/14倍PE，维持"买入"评级。 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [1] Core Insights - The company has shown resilience in its fundamental operations despite short-term revenue pressures, with emerging businesses expected to drive future growth [4][6][7] - The company reported a decline in revenue and net profit for the first half of 2025, but a significant improvement in net profit after excluding non-recurring items [4][5] - The company is actively pursuing digital transformation and diversification strategies, which are anticipated to create new revenue streams [7][9] Company Overview - Latest closing price is 6.51 yuan, with a total market capitalization of 127 billion yuan [3] - The company has a debt-to-asset ratio of 39.7% and a price-to-earnings ratio of 18.08 [3] Financial Performance - For the first half of 2025, the company achieved operating revenue of 45.93 billion yuan, a year-on-year decrease of 11.90%, and a net profit of 6.78 billion yuan, down 17.19% [4] - The company’s core business segments, including publishing and logistics, have shown stable performance despite revenue declines [5][6] - The company expects operating revenues of 111 billion yuan, 114 billion yuan, and 118 billion yuan for 2025, 2026, and 2027 respectively, with corresponding net profits of 8.32 billion yuan, 8.97 billion yuan, and 9.42 billion yuan [10][12] Emerging Business Development - The company is focusing on digital transformation, including the establishment of new cultural landmarks and enhancing online education platforms [7] - The gaming segment has successfully launched several titles, indicating a strategic expansion into new markets [7] Shareholder Returns - The company has committed to a high dividend payout, with cash dividends and buybacks totaling 5.48 billion yuan, representing 77.71% of net profit [9]