Group 1 - The cultural media sector is experiencing a rise, with stocks such as Yuanlong Yatu (002878) and New Classics (603096) hitting the daily limit up [1] - Other companies like Chuanwang Media (300987) increased by over 10%, while companies such as Zhongwen Online (300364), Vision China (000681), and Zhangyue Technology (603533) also saw gains [1] - The influx of dark pool funds is noted, indicating increased interest in these stocks [2]

Group 1 - The A-share film and television cinema sector experienced a significant rally, with Chuanwang Media rising over 13% [1] - Yuanlong Yatu and New Classics both hit the daily limit, indicating strong investor interest [1] - Other companies such as Jiayun Technology, Chinese Online, Huayang Lianzhong, and ST United also saw increases of over 5% [1]

Core Points - The company announced a cash dividend of 0.8 RMB per share for its A shares, totaling approximately 123.39 million RMB to be distributed to shareholders [1][2][5] Related Dates - The key dates for the dividend distribution are as follows: - Record date: June 4, 2025 - Last trading date: June 5, 2025 - Ex-dividend date: June 5, 2025 [2] Distribution Plan - The dividend distribution plan was approved at the annual shareholders' meeting held on May 16, 2025 [1] - The total number of shares for the dividend calculation is 154,234,624 shares [1] Taxation Details - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, resulting in a net distribution of 0.8 RMB per share [3] - For shares held for one year or less, the tax will be calculated upon transfer of the shares, with a potential tax burden of 20% for shares held for one month or less [3] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net dividend of 0.72 RMB per share [4] - Hong Kong Stock Exchange investors will also receive a net dividend of 0.72 RMB per share after a 10% withholding tax [4] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's securities department at 010-68423599 ext. 684 [5]

证券代码：603096 证券简称：新经典 公告编号：2025-022 新经典文化股份有限公司2024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0.8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 | 2025/6/4 | － | 2025/6/5 | 2025/6/5 | 差异化分红送转： 否 本次利润分配以方案实施前的公司总股本154,234,624股为基数，每股派发现金红利0.8元 （含税），共计派发现金红利123,387,699.20元。 1. 发放年度：2024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 | 2025/6/4 | － | 2025/6/5 | ...

证券代码：603096 证券简称：新经典 公告编号：2025-021 新经典文化股份有限公司 2024年年度股东大会决议公告 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律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 118 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 94,924,089 | | 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（%） | 61.5453 | (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。 本次会议由董事会负责召集，董事长陈明俊主持，会议采用现场投票和网络 投票相结合的方式表决。本次会议的召集、召开和表决方式符合《公司法》和《公 司章程》的有关规定。 (一) 股东大会召开的时间：2025 年 5 月 16 日 (二) 股东大会召开的地点：北京市东城区花园胡同三号院 5 号楼副楼会议室 (三) 出席会议的普通股股东和恢复表决权的优先 ...

上海澄明则正律师事务所 关于新经典文化股份有限公司 2024 年年度股东大会 之法律意见书 二零二五年五月 上海澄明则正律师事务所 关于新经典文化股份有限公司 2024 年年度股东大会之法律意见书 致:新经典文化股份有限公司 上海澄明则正律师事务所（以下简称"本所"），接受新经典文化股份有限 公司（以下简称"公司"）的委托，指派本所律师出席公司 2024 年年度股东大 会（以下简称"本次股东大会"），并根据《中华人民共和国公司法》（以下简称 "《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上 市公司股东大会规则》（以下简称"《股东大会规则》"）以及《新经典文化股 份有限公司章程》（以下简称"《公司章程》"）的规定出具本法律意见书。 本所依据本法律意见书出具日之前已经发生或存在的事实及中国现行法律、 法规及规范性文件发表法律意见。 本所同意将本法律意见书作为公司本次股东大会公告的法定文件，随公司其 他公告一并提交上海证券交易所审查并予公告。 本所律师已经对公司提供的与本次股东大会有关的文件、资料及证言进行审 查判断，并据此出具法律意见。 本所律师按照律师行业公认的业务标准、道德规范和勤勉 ...

Investment Rating - The report maintains a "Buy" rating for the media industry [6][21]. Core Insights - The evolution of consumer behavior in Japan's fifth consumption era highlights a shift from material quantity to quality, personalization, and emotional value, indicating a growing focus on well-being and life quality, which is expected to benefit the media sector [5][17]. - The report emphasizes the importance of domestic demand and the dual nature of media as both a technology and consumer sector, suggesting that the integration of technology and content can stimulate curiosity-driven consumption [5][19]. Summary by Sections Industry Overview and Dynamics - The media sector has shown varied performance, with the media index rising by 9.1% over one month, while the Shanghai Composite Index increased by 4.3% [3][15]. - The report notes that the cinema content sector is still in a "low valley" and is expected to benefit from upcoming releases and policy support [18][19]. Key Recommended Stocks and Logic - The report recommends several stocks within the media sector, including: - Windy Zhi (603466) focusing on experience economy - Mango Super Media (300413) with upcoming variety shows - BlueFocus Communication (300058) as a leading digital marketing firm [6][10]. Game Industry Progress - In April 2025, Chinese mobile game publishers generated $2 billion, accounting for 38.4% of the global top 100 mobile game publishers' revenue, with Tencent leading the market [20]. Film Market - The report highlights the upcoming film "冲·撞" set to release on May 17, which is based on a true story, indicating a focus on culturally relevant content [29]. Television Market - The report provides insights into the television ratings, with "成家" leading the viewership, showcasing the competitive landscape in the drama sector [35]. Variety Show Market - The report mentions popular variety shows such as "哈哈哈哈哈 第五季," indicating strong viewer engagement in the entertainment sector [37].

Core Viewpoint - The company reported a decline in revenue and net profit for 2024, primarily due to weak book consumption demand and business adjustments [1][2]. Financial Performance - The company achieved a revenue of 821 million yuan in 2024, a year-on-year decrease of 8.89% [2]. - The net profit attributable to shareholders was 127 million yuan, down 20.87% year-on-year [2]. - The net profit after deducting non-recurring items was 107 million yuan, a decrease of 23.26% year-on-year [2]. - The gross profit margin decreased by 1.48 percentage points to 47.20% [2]. Business Segments - The overseas business generated revenue of 123 million yuan, a decline of 9.40% year-on-year, with a net loss of 22 million yuan, increasing losses by 51.41% [2]. - Revenue from physical books was 746 million yuan, down 9.56% year-on-year; digital content revenue was 48 million yuan, up 2.75%; and copyright operations revenue was 19 million yuan, down 8.72% [2]. Cost and Expenses - Sales expenses were 159 million yuan, a decrease of 1.45% year-on-year, while management expenses were 75 million yuan, down 3.64% [2]. - Financial expenses were -3 million yuan, a decrease of 80.26% year-on-year, attributed to increased interest income from bank deposits [2]. - R&D expenses were 7 million yuan, down 29.43% due to a reduction in R&D personnel [2]. IP Development and Shareholder Returns - The company is focusing on diversified IP operations, with the "bibi zoo" IP achieving over 5 million fans and 3 billion views [3]. - The company plans to distribute cash dividends of 8.00 yuan per 10 shares, totaling approximately 123 million yuan, which represents 96.85% of the net profit [3]. - The total amount for cash dividends and share buybacks is 196 million yuan, exceeding the net profit by 154.56% [3]. Investment Outlook - The company maintains a strong recommendation for investment, with expected net profits of 144 million, 163 million, and 179 million yuan for 2025, 2026, and 2027, respectively [4].

Core Insights - Bellamy's, a leader in organic infant food in Australia, has launched two new products: Bellamy's New Classic and Bellamy's Organic Blue Shield formula, aimed at strengthening its market position in Australia and accelerating expansion in Southeast Asia [1][2] - The company maintains its commitment to organic feeding principles and aims to enhance its brand visibility through the "Champion Mom" campaign during the 2024 Olympics [1] - Bellamy's has been the top seller of organic milk powder in China for five consecutive years and is experiencing rapid sales growth in Southeast Asia [1][2] Product Development - The new product launches are part of Bellamy's strategy to enhance its product offerings, including the introduction of the premium organic A2 line and new formulations targeting specific nutritional needs [2] - The company plans to leverage its "Organic+" product positioning to further enrich its product matrix and strengthen its brand as the number one in Australia [2] Market Expansion - Bellamy's is actively expanding into the Vietnamese market, having previously provided brand cultural experiences to the Vietnamese government and industry associations, which has laid a solid foundation for its market entry [1] - The brand has significantly increased its exposure in Vietnam, including appearances on national television, which has contributed to its brand recognition [1]

新经典文化股份有限公司 2025年第一季度主要经营数据公告 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。 新经典文化股份有限公司根据《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露》的相关规定，现将 2025 年第一季度主要经营 数据公告如下： 以上生产经营数据来自公司内部统计，仅为投资者及时了解公司生产经营概况之用，敬请广大投资者理性投资，注意投资风险。 特此公告。 新经典文化股份有限公司董事会 2025 年 4 月 28 日 单位：万元 币种：人民币 销售码洋 营业收入 营业成本 毛利率(%) 去年 本期 增长率% 去年 本期 增长率% 去年 本期 增长 率% 去年 本期 增长率 纸质图书 43,699.95 29,932.95 -31.50 20,937.83 13,738.80 -34.38 11,085.78 7,116.07 -35.81 47.05 48.20 1.15 数字内容 1,197.34 940.06 -21.49 379.92 305.72 -19.53 68.27 67.48 -0. ...