Market Overview - On August 14, the digital media sector declined by 1.28%, with ZhiDeMai leading the drop [1] - The Shanghai Composite Index closed at 3666.44, down 0.46%, while the Shenzhen Component Index closed at 11451.43, down 0.87% [1] Stock Performance - Notable stock performances included: - *ST Fanli: Closed at 4.62, up 5.00% with a trading volume of 180,400 shares [1] - ZhiDeMai: Closed at 34.00, down 3.57% with a trading volume of 101,500 shares [2] - Visual China: Closed at 20.36, down 2.35% with a trading volume of 311,100 shares [2] - The overall trading volume and turnover for the digital media sector were significant, with ZhiDeMai's turnover reaching 3.49 million [2] Capital Flow - The digital media sector experienced a net outflow of 222 million yuan from institutional investors, while retail investors saw a net inflow of 201 million yuan [2][3] - The capital flow for individual stocks showed: - People's Daily: Net inflow of 40.26 million yuan from institutional investors [3] - *ST Fanli: Net inflow of 23.14 million yuan from institutional investors [3] - Three Sixty-Five Network: Net outflow of 20.07 million yuan from institutional investors [3]

Market Overview - The Shanghai Composite Index is at 3701.99 points, with a change of +0.50% [1] - The total trading volume of A-shares is 103.51 billion yuan [1] Technical Analysis - 96 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Dengyun Co., Ltd. (002715) with a distance of -1.02% [1] - United Chemical (301209) with a distance of -0.93% [1] - Guangsheng Nonferrous (600259) with a distance of -0.79% [1] Individual Stock Performance - Dengyun Co., Ltd. (002715) has decreased by 2.88% with a latest price of 16.87 yuan [1] - United Chemical (301209) has decreased by 0.17% with a latest price of 92.78 yuan [1] - Guangsheng Nonferrous (600259) has decreased by 0.81% with a latest price of 58.82 yuan [1] - Other notable stocks with declines include: - Guoneng Rixin (301162) down 2.29% [1] - Daqian Energy (688303) down 2.44% [1] - Yijiahe (603666) down 0.43% [1] Additional Stock Data - Stocks with minor declines include: - Ningbo Bank (002142) up 0.25% with a latest price of 28.25 yuan [2] - Huayang New Materials (600281) down 0.59% with a latest price of 6.75 yuan [2] - The overall trend indicates a cautious market sentiment with several stocks experiencing downward pressure [1][2]

Group 1 - The core viewpoint of the article highlights the financial performance and market activity of Fengyuzhu (603466) as of August 13, 2025, with a closing price of 10.58 yuan, a decrease of 0.19%, and a trading volume of 21.21 million shares, amounting to 2.25 billion yuan in transaction value [1] - The company reported a total operating revenue of 382 million yuan for Q1 2025, representing a year-on-year growth of 29.81%, and a net profit attributable to shareholders of 40.27 million yuan, which is a significant increase of 368.25% [1] - The company's liquidity ratios are strong, with a current ratio of 2.092 and a quick ratio of 1.814, while the debt-to-asset ratio stands at 52.41% [1] Group 2 - Fengyuzhu has made investments in 22 companies and has participated in 2,698 bidding projects, indicating active engagement in business expansion and collaboration [2] - The company holds 146 trademark registrations and 210 patents, showcasing its commitment to intellectual property and innovation [2] - Additionally, Fengyuzhu has obtained 12 administrative licenses, reflecting its compliance and operational capabilities within the industry [2]

Core Viewpoint - Fengyuzhu (603466.SH) has officially opened the "Water's Edge Science Fiction Museum" in Shanghai on June 27, featuring the "Three-Body Future Academy" as its core, which is officially authorized by the Three-Body Universe [1] Group 1: Project Overview - The project integrates technology, culture, and education into a national science fiction theme scene [1] - Fengyuzhu employs a "gamification" design approach to create an immersive science fiction experience for visitors [1] Group 2: Operational Strategy - The "Three-Body Future Academy" has opened a reservation ticketing channel through the museum's mini-program, with public access starting on July 5 [1] - The company is adopting an EPCO+IP operational model to expand online IP into offline scenarios, actively exploring the digital application of cultural tourism and lifestyle consumption [1] - This initiative marks the beginning of a new ecosystem for IP cultural tourism operations [1]

Market Overview - On August 12, the digital media sector declined by 0.33%, with Fengyuzhu leading the drop [1] - The Shanghai Composite Index closed at 3665.92, up 0.5%, while the Shenzhen Component Index closed at 11351.63, up 0.53% [1] Stock Performance - Notable gainers included *ST Fanli, which rose by 4.04% to a closing price of 4.38, and Shengyibao, which increased by 2.07% to 21.22 [1] - Major decliners included Fengyuzhu, which fell by 2.30% to 10.60, and Chuanwang Media, which decreased by 1.57% to 19.38 [2] Trading Volume and Value - The trading volume and value for key stocks in the digital media sector were significant, with Visual China recording a trading volume of 213,600 shares and a transaction value of 441 million yuan [1] - The overall net outflow of funds in the digital media sector was 106 million yuan, with retail investors contributing a net inflow of 109 million yuan [2][3] Fund Flow Analysis - The main funds showed a net outflow in several stocks, including Fengyuzhu with a net outflow of 10.91 million yuan, while retail investors showed a net inflow of 13.34 million yuan in the same stock [3] - Shengyibao had a net inflow of 49.42 million yuan from main funds, indicating strong interest from institutional investors [3]

Core Viewpoint - The major shareholders of Fengyuzhu (603466.SH) have recently reduced their holdings, with significant transactions occurring between July and August 2025, indicating a strategic shift in ownership structure [1] Shareholder Reduction Summary - Li Hui reduced his holdings by 11,895,700 shares, representing 2.00% of the company's total share capital, at a price range of 9.18 to 9.34 CNY per share, totaling approximately 110.31 million CNY [2][3] - The reduction period for Li Hui was from July 15 to July 22, 2025, and he currently holds 126,285,000 shares, which is 21.23% of the total share capital [2][4] - Shanghai Ligou Investment Partnership also reduced its holdings by 5,947,758 shares, accounting for 1.00% of the total share capital, at a price range of 9.99 to 11.34 CNY per share, totaling approximately 63.61 million CNY [3][4] - The reduction period for Ligou Investment was from July 15 to August 8, 2025, and it currently holds 13,470,630 shares, which is 2.26% of the total share capital [3][4] Combined Reduction Impact - The total reduction by Li Hui and Ligou Investment amounted to 17,843,458 shares, or 3.00% of the company's total share capital, with a combined total value of approximately 174.0 million CNY [4]

Summary of Key Points Core Viewpoint - The major shareholder of Shanghai Fengyuzhu Cultural Technology Co., Ltd. has completed a share reduction plan, resulting in a significant decrease in their ownership percentage [1][2]. Group 1: Shareholder Information - As of the announcement date, Mr. Li Hui holds 126,285,000 shares, accounting for approximately 21.23% of the total share capital of the company [1]. - Shanghai Ligou Investment Partnership holds 13,470,630 shares, representing about 6.12% of the total share capital [1]. Group 2: Reduction Plan Implementation - The reduction plan was first disclosed on June 12, 2025, and was executed between July 15, 2025, and August 8, 2025 [2]. - Mr. Li Hui reduced his holdings by 11,895,700 shares through block trading, achieving a total reduction of 2.00% of the company's total share capital [2]. - The total amount from this reduction was approximately 110,308,758 yuan, with a share price range of 9.18 to 9.34 yuan per share [2]. Group 3: Current Shareholding Status - After the reductions, Mr. Li Hui currently holds 126,285,000 shares, which is 21.23% of the total share capital [2]. - Ligou Investment has reduced its holdings by 5,947,758 shares through centralized bidding, with a total amount of approximately 63,608,938.27 yuan, at a price range of 9.99 to 11.34 yuan per share [2]. - The current holding of Ligou Investment is 13,470,630 shares, representing 2.26% of the total share capital [2].

风语筑（SH 603466，收盘价：10.94元）8月8日晚间发布公告称，截至本公告披露日，李晖先生通过大 宗交易方式减持了约1190万股，约占公司总股本的2%；励构投资通过集中竞价方式减持了约595万股， 约占公司总股本的1%。本次减持计划实施完毕。 2024年1至12月份，风语筑的营业收入构成为：数字化体验占比100.0%。 （文章来源：每日经济新闻） ...

| | | 上海风语筑文化科技股份有限公司 大股东减持股份结果公告 本公司董事会、全体董事及相关股东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、减持主体减持前基本情况 股东名称 李晖 股东身份 控股股东、实控人及一致行动人 √是 □否 直接持股 5%以上股东 □是 □否 董事、监事和高级管理人员 □是 □否 其他：不适用 持股数量 138,180,700股 1 大股东持股的基本情况：截至本公告披露日，李晖先生持有上海风语 筑文化科技股份有限公司（以下简称"公司"）股份 126,285,000 股， 约占公司总股本的 21.23%；上海励构投资合伙企业（有限合伙）（以下 简称"励构投资"）持有公司股份 13,470,630 股，约占公司总股本的 2.26%。 减持计划的实施结果情况：2025 年 6 月 12 日，公司披露了《上海风语 筑文化科技股份有限公司股东减持股份计划公告》（公告编号： 2025-034）。截至本公告披露日，李晖先生通过大宗交易方式减持了 11,895,700 股，约占公司总股本的 2.00%；励构投资通 ...

Summary of Key Points - The company Fengyuzhu (603466.SH) announced that as of the date of the announcement, Mr. Li Hui has reduced his holdings by 11.8957 million shares, accounting for approximately 2.00% of the company's total share capital [1] - Additionally, Ligou Investment has reduced its holdings by 5.9478 million shares through centralized bidding, which represents about 1.00% of the company's total share capital [1]