债券代码：113643 债券简称：风语转债 证券代码：603466 证券简称：风语筑 公告编号：2025－035 上海风语筑文化科技股份有限公司 关于可转换公司债券跟踪评级结果的公告 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个别及连带责任。 重要内容提示： 联合资信在对公司经营状况及相关行业进行综合分析与评估的基础，于 2025 年 6 月 16 日出具了《上海风语筑文化科技股份有限公司公开发行可转换公 司债券 2025 年跟踪评级报告》，本次公司主体长期信用等级评级结果为"AA-", 评级展望为"稳定"；"风语转债"信用等级评级结果为"AA-"。本次评级结果 较前次没有变化。 本次跟踪评级报告详见同日在上海证券交易所网站（www.sse.com.cn）披露 的《上海风语筑文化科技股份有限公司公开发行可转换公司债券 2025 年跟踪评 级报告》。 前次债券评级："AA-",主体评级："AA-"，评级展望：稳定 本次债券评级："AA-",主体评级："AA-"，评级展望：稳定 特此公告。 上海风语筑文化科技股份有限公司 董事会 根据中国 ...

上海风语筑文化科技股份有限公司 公开发行可转换公司债券 2025 年跟踪评级报告 1 www.lhratings.com . 联合〔2025〕4413 号 联合资信评估股份有限公司通过对上海风语筑文化科技股份有 限公司主体及其相关债券的信用状况进行跟踪分析和评估，确定维 持上海风语筑文化科技股份有限公司主体长期信用等级为 AA-，维 持"风语转债"信用等级为 AA-，评级展望为稳定。 特此公告 联合资信评估股份有限公司 评级总监： 二〇二五年六月十六日 跟踪评级报告 | 2 声 明 一、本报告是联合资信基于评级方法和评级程序得出的截至发表之日的 独立意见陈述，未受任何机构或个人影响。评级结论及相关分析为联合资信基 于相关信息和资料对评级对象所发表的前瞻性观点，而非对评级对象的事实 陈述或鉴证意见。联合资信有充分理由保证所出具的评级报告遵循了真实、客 观、公正的原则。鉴于信用评级工作特性及受客观条件影响，本报告在资料信 息获取、评级方法与模型、未来事项预测评估等方面存在局限性。 二、本报告系联合资信接受上海风语筑文化科技股份有限公司（以下简称 "该公司"）委托所出具，除因本次评级事项联合资信与该公司构成评级委托 ...

Investment Rating - The industry rating is "Recommended" [4] Core Insights & Investment Recommendations - The recent US-China trade negotiations in London have reached a principled framework, indicating substantial progress in managing differences and stabilizing economic relations, which may support global supply chain recovery [2][21] - OpenAI has launched the new o3-pro model, reducing its price by 80% and input/output costs by 87%, reflecting a shift towards efficiency optimization in large model technology and accelerating AI technology penetration into small and medium enterprises [2][21] - The report maintains a cautious optimism regarding trade negotiations and highlights AI as a key investment direction amid global macroeconomic volatility, emphasizing the importance of technological innovation and self-sufficiency for long-term development [3][22] Sub-industry Data Film Industry - The top three films by box office this week are "How to Train Your Dragon: The Hidden World" with 58.175 million yuan (25.6% market share), "Mission: Impossible 8" with 54.90 million yuan (24.2%), and "Time Son" with 28.366 million yuan (12.5%) [24][25] Gaming Industry - The top three iOS games by revenue are "Honor of Kings," "Peacekeeper Elite," and "Endless Winter," while the top three Android games by popularity are "Heart Town," "Sword Legend," and "My Leisure Time" [27][28] TV Series Industry - The top three TV series by broadcast index are "The Cang Hai Chuan," "Lin Jiang Xian," and "The Lychee of Chang'an," with indices of 85.3, 84.2, and 82.2 respectively [30][31] Variety Shows & Animation - The top variety show is "Ha Ha Ha Ha Season 5" with a broadcast index of 80.6, followed by "Run, Brother Season 9" and "Unlimited Exceeding Class Season 3" [32] - The top three animated shows by viewership index are "Cang Yuan Tu," "Xian Ni," and "Perfect World," with indices of 340.2, 225, and 222.5 respectively [34]

长江商报奔腾新闻记者 沈右荣 中国数字展示行业的龙头企业风语筑（603466.SH）的实际控制人又抛减持计划。 据不完全统计，李晖夫妇及其一致行动人通过二级市场减持，累计套现10亿元左右。 如果以风语筑6月11日收盘价10.52元/股计算，上述两方股东顶格减持，或将套现1.88亿元。 至于减持原因，风语筑公告称，系自身资金安排需要。 风语筑还有一名实际控制人，即辛浩鹰，其是李晖配偶，目前直接持有公司20.71%的股份。 长江商报奔腾新闻记者发现，从2021年开始，辛浩鹰、励构投资及李晖开始通过二级市场减持。 比如，2020年12月7日至2021年6月4日，励构投资通过集中竞价交易方式减持了 619.04万股，套现约 1.18亿元。2021年9月8日中2022年1月26日，辛浩鹰通过集中竞价交易方式减持了843.92万股股份，套现 约1.86亿元。2023年3月至7月，李晖通过多次集中竞价减持2063.83万股，套现约2.3亿元。 6月12日晚间，风语筑披露，自本公告披露之日起15个交易日后的3个月内，股东李晖计划通过大宗交易 方式减持公司股份数量不超过1189.57万股，即不超过公司总股本的2%；同期，股东上 ...

Summary of Key Points Core Viewpoint - Windy Build (603466.SH) announced a share reduction plan by major shareholders, which may impact the stock's performance and investor sentiment [1][2]. Group 1: Shareholder Reduction Plan - Li Hui plans to reduce his holdings by up to 11,895,700 shares, representing no more than 2% of Windy Build's total share capital, through block trading [1]. - Shanghai Ligou Investment Partnership intends to reduce its holdings by up to 5,947,800 shares, accounting for no more than 1% of the total share capital, via centralized bidding [1]. - As of the announcement date, Li Hui holds 138,180,700 shares (23.23% of total shares), while Ligou Investment holds 19,418,388 shares (3.26% of total shares) [1]. Group 2: Financial Performance - In Q1 2025, Windy Build achieved revenue of 382 million yuan, a year-on-year increase of 29.81%, and a net profit attributable to shareholders of 40.27 million yuan, compared to a loss of 15.01 million yuan in the same period last year [2]. - For the year 2024, Windy Build reported revenue of 1.376 billion yuan, a year-on-year decrease of 41.44%, and a net loss attributable to shareholders of 135 million yuan, down from a profit of 282 million yuan the previous year [2]. - The company recorded a net cash flow from operating activities of 23.44 million yuan in Q1 2025, a significant improvement from a negative cash flow of 220 million yuan in the previous year [2].

Economic Information - In May, the national futures market recorded a trading volume of 678,609,037 contracts and a transaction value of 5,472.99 billion yuan, representing a year-on-year decline of 4.51% and 1.55% respectively [2] - From January to May, the cumulative trading volume reached 3,336,834,307 contracts, with a cumulative transaction value of 28,693.44 billion yuan, showing year-on-year growth of 15.61% and 21.33% [2] - As of June 11, the wholesale price of 25-year Flying Moutai (bulk) was 1,990 yuan per bottle, down 30 yuan from the previous day, while the price of 25-year Flying Moutai (original) remained at 2,080 yuan per bottle [2] Company Alerts - Industrial Securities has not received any information regarding a merger with Huafu Securities [3] - *ST Yazhen has been suspended from trading for verification due to multiple instances of abnormal trading fluctuations [6] - Several companies, including Chaojie Co., Aikelan, and Fengyuzhu, have announced plans for share reductions by their shareholders, with reductions not exceeding 3% of total shares [8] Overseas Alerts - The US stock market saw all three major indices close lower, with the Nasdaq down 0.5% and Intel dropping over 6%, marking its largest single-day decline in two months [4] - In London, most base metals declined, with LME nickel down 1.13% at $15,145.00 per ton and LME copper down 1.12% at $9,647.00 per ton [5] - Jeffrey Gundlach, head of DoubleLine Capital, indicated that the US debt burden and interest payments have become unsustainable, suggesting that long-term US Treasuries are no longer considered truly risk-free investments [4]

公司控股股东东方时尚投资有限公司（以下简称"东方时尚投资"）及其关联方累计归还占用 资金0元 公司预计难以在期限届满前完成整改，公司股票及"东时转债"将自2025年6月 20 日起被上 交所实施停牌，停牌期限不超过 2 个月。 中装转2：不下修 风语筑：股东拟合计减持不超3%公司股份 天赐材料：拟投资约2.8亿美元在摩洛哥建设电解液与原材料基地 兴森科技：拟参与购买子公司兴科半导体24%股权 东时转债：将自6月20日起被上交所实施停牌 本文不构成任何投资建议，仅为信息分享。任何因本文导致的投资行为发生的亏损，本公众号 及作者概不承担任何责任。 集思录(www.jisilu.cn)是一个以数据为本的投资理财社区，专注于新股、可转债、债券、封闭 基金等数据服务。我们的理念是在保证本金安全的前提下，使资产获得稳健增长。 快捷查询： 搜索公众号"jisilu8"添加我们 关注集思录微信 特别提示 ...

| 证券代码：603466 | 证券简称：风语筑 | 公告编号：2025-034 | | --- | --- | --- | | 债券代码：113643 | 债券简称：风语转债 | | 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 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： | 股东名称 | 李晖 | | | | --- | --- | --- | --- | | | 控股股东、实控人及一致行动人 | √是 | □否 | | 股东身份 | 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 | | | 一、减持主体的基本情况 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 138,180,700 股， 约占公司总股本的 23.23%；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 19,418,388 股，约占公司总股本的 ...

Group 1 - The Sora concept (text-to-video) sector is experiencing a surge, with companies like Yuanlong Yatu (002878) hitting the daily limit up, while Zhejiang Shuju Culture (600633), Aorui De (600666), Fengyuzhu (603466), Huayang Lianzhong (603825), and Borui Chuanbo (600880) also seeing significant gains [1] - There is an influx of dark pool funds entering these stocks, indicating increased investor interest and potential for further price movements [2]

风语筑 20250522 摘要 风语筑受益于上海市提振消费政策，通过拓展科技馆、博物馆等场景， 实现业务增长，并推出梦回圆明园等 XR 产品，以新供给拉动需求，积 极拓展新文旅消费场景。 公司 2024 年收入 13.8 亿元，预计 2025 年和 2026 年收入分别达到 17-21 亿元，利润方面，预计今年 2 亿多元，明年 3 亿多元，目前估值 对应 20 多倍至 30 倍 PE，有估值提升空间。 风语筑通过引入机器人、成立巨升智能研究院等方式积极布局 AI 领域， 推进交互式数字内容应用，如元宇宙和 MR 技术，并探索"在水一方" 等前沿项目。 公司从一次性交付转向参与后端运营，新文旅成为提振内需的重要抓手， 通过建筑模型博物馆、3D 数字广告及沉浸式体验验证竞争力，并利用存 量物理空间赋予更多内容。 风语筑在城市数字化体验空间领域具有优势，契合城市更新和人工智能 加消费理念，通过文化和科技赋能，成为 AI 应用加新消费的代表，并积 极承接数字人和 AR 秀等 AI 相关应用。 Q&A 风语筑如何应对风险并保持成长性？ 风语筑作为一家上海的公司，始终伴随着新技术进行自我迭代，从建筑公司转 型为文化科技 ...