Group 1 - Hunan Mango Chuangzhan Technology Co., Ltd. was established on September 23, with a registered capital of 80 million RMB [1] - The legal representative of the company is Cheng Hao, and its business scope includes online cultural operations, internet information services, and online data processing and transaction processing [1] - The shareholders of the company include Changsha Malanshan Investment Development Co., Ltd., Mango Super Media, Mango Media Co., Ltd., and Zhongguang Tianze Media Co., Ltd. [1]

Core Viewpoint - The Shanghai Stock Exchange has criticized *ST Tianze and related responsible individuals for inaccurate disclosures regarding the company's annual performance, particularly concerning its revenue and potential delisting risks [1]. Group 1: Company Performance and Compliance - *ST Tianze's annual performance is a significant concern for investors, especially with a negative net profit and the potential for revenue to fall below 300 million yuan, which could trigger delisting risk warnings [1]. - The company failed to accurately disclose whether its revenue would be below 300 million yuan and did not provide adequate risk warnings regarding factors affecting revenue expectations [1]. - The actions of *ST Tianze violated multiple provisions of the Shanghai Stock Exchange's listing rules, leading to disciplinary actions against the company and its executives [1]. Group 2: Financial Data - For the year 2024, *ST Tianze's revenue composition was 97.87% from media and 2.13% from other businesses [2]. - As of the report date, *ST Tianze's market capitalization was 2.9 billion yuan [2].

截至发稿，*ST天择市值为29亿元。 2024年1至12月份，*ST天择的营业收入构成为：传媒占比97.87%，其他业务占比2.13%。 每经头条（nbdtoutiao）——重大突破！中国这款新药，中美官方都认定有突破性疗效！世界肺癌大会 沸腾了 每经AI快讯，2025年9月15日，上交所对*ST天择（SH 603721，收盘价：22.14元）及相关责任人予以通 报批评：公司年度业绩是投资者关注的重大事项，在公司净利润为负的情况下，营业收入是否低于3亿 元直接关系到公司股票是否被实施退市风险警示。但公司业绩预告中关于营业收入是否低于3亿元披露 不准确，也未对影响营业收入预计因素进行任何风险提示，未向市场充分提示公司将触及退市风险警示 的风险。上述行为违反《上海证券交易所股票上市规则（2024年4月修订）》（以下简称《股票上市规 则》）第2.1.1条、第2.1.5条、第5.1.4条、第5.1.5条、第5.1.10条有关规定。鉴于相关违规事实和情节， 经本所纪律处分委员会审核通过，根据《股票上市规则》第13.2.1条、第13.2.3条和《上海证券交易所纪 律处分和监管措施实施办法》《上海证券交易所上市公司自律监管 ...

为进一步加强与投资者的互动交流，中广天择传媒股份有限公司（以下简称 "公司"）将参加由湖南证监局、湖南省上市公司协会与深圳市全景网络有限公 司联合举办的"资本聚三湘 楚光耀新程——2025 年湖南辖区上市公司投资者网 上集体接待日暨半年度业绩说明会"活动，现将相关事项公告如下： 中广天择传媒股份有限公司 关于参加 2025 年湖南辖区上市公司投资者网上集体 接待日暨半年度业绩说明会活动的公告 中广天择传媒股份有限公司董事会 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 2025 年 9 月 13 日 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 9 月 19 日（星期五） 14:00-17:00。 届时公司高管将在线就公司 2024 年至 2025 半年度业绩、公司治理、发展战 略、 经营状况等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资 者踊跃参与！ 证券代码：603721 证券简称：*ST ...

Market Overview - The film and theater sector experienced a decline of 1.63% on September 3, with China Vision Media leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Notable gainers included: - Qianyi Film (002905) with a closing price of 10.52, up 10.04% and a trading volume of 239,500 shares [1] - Xingfu Blue Ocean (300528) closed at 17.82, up 3.42% with a trading volume of 370,800 shares [1] - Major decliners included: - China Vision Media (600088) closed at 17.45, down 4.23% with a trading volume of 111,300 shares [2] - Huayi Brothers (300027) closed at 2.73, down 1.87% with a trading volume of 1,873,300 shares [1] Capital Flow - The film and theater sector saw a net outflow of 143 million yuan from institutional investors, while retail investors contributed a net inflow of 60.24 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed some interest [2] Individual Stock Capital Flow - Key stocks with significant capital flow include: - Qianyi Film (002905) with a net outflow of 85.17 million yuan from institutional investors [3] - Huayi Brothers (300027) saw a net inflow of 78.87 million yuan from institutional investors [3] - The data reflects varying levels of investor confidence across different companies within the sector [3]

Core Insights - The Chinese government is focusing on enhancing sports consumption and developing the sports industry as part of its strategy to expand domestic demand [1][10] - The marathon events in China have evolved beyond traditional sports competitions, significantly impacting local economies and promoting consumption [2][4] Industry Growth - The sports industry in China has maintained a high growth rate, with a notable increase in marathon events and participation, from 699 events and 6.05 million participants in 2023 to 749 events and 7.05 million participants in 2024 [2][11] - A large city marathon can generate economic benefits ranging from 600 million to 700 million yuan, showcasing the economic impact of these events [4] Economic Impact - The 2025 Wuxi Marathon attracted over 426,000 spectators and participants, generating an economic benefit of 50.5 million yuan, a 78.2% increase from the previous year [4] - The integration of marathons with local tourism and services has created a comprehensive consumption ecosystem, enhancing the economic value of these events [8][12] Market Dynamics - The sports-related market in China has over 17 million entities, with a significant increase in registrations, indicating a growing interest in the sports industry [6] - The collaboration between sports companies and marathon events is crucial for maximizing economic value and enhancing city influence [6][7] Consumer Behavior - The annual consumption scale of certified road running participants is projected to reach 16.8 billion yuan in 2024, reflecting a 26% increase from 2023, with direct consumption on apparel and gear exceeding 9.8 billion yuan [11] - The demand for integrated experiences combining marathons and tourism is driving consumer spending across various sectors [11][12]

Group 1 - The Shanghai Composite Index closed at 3872.93 points, above the six-month moving average, with a gain of 0.39% [1] - The total trading volume of A-shares reached 228.56 billion yuan [1] - A total of 76 A-shares have surpassed the six-month moving average today, with notable stocks including Sanjiang Shopping, Jinyun Laser, and Kexin Machinery, showing divergence rates of 7.87%, 5.15%, and 5.13% respectively [1] Group 2 - The stocks with the highest divergence rates from the six-month moving average include: - Sanjiang Shopping: 10.03% increase, 4.63% turnover rate, latest price 11.96 yuan, divergence rate 7.87% [1] - Jinyun Laser: 6.03% increase, 6.89% turnover rate, latest price 17.76 yuan, divergence rate 5.15% [1] - Kexin Machinery: 5.96% increase, 12.01% turnover rate, latest price 13.51 yuan, divergence rate 5.13% [1] - Other notable stocks with smaller divergence rates include: - Sanbian Technology, Shanghai Ailu, and George White, which have just crossed the six-month moving average [1]

据证券之星公开数据整理，近期*ST天择(603721)发布2025年中报。截至本报告期末，公司营业总收入 1.33亿元，同比下降5.14%，归母净利润-1317.01万元，同比上升14.77%。按单季度数据看，第二季度营 业总收入1.03亿元，同比上升80.66%，第二季度归母净利润-606.93万元，同比上升42.16%。本报告期 *ST天择公司应收账款体量较大，当期应收账款占最新年报营业总收入比达52.83%。 本次财报公布的各项数据指标表现一般。其中，毛利率11.87%，同比增77.18%，净利率-11.99%，同比 增0.21%，销售费用、管理费用、财务费用总计2828.4万元，三费占营收比21.24%，同比增26.62%，每 股净资产3.51元，同比减10.15%，每股经营性现金流-0.07元，同比减137.6%，每股收益-0.1元，同比增 16.67% 证券之星价投圈财报分析工具显示：业务评价：去年的净利率为-6.18%，算上全部成本后，公司产品或 服务的附加值不高。从历史年报数据统计来看，公司上市以来中位数ROIC为4.34%，投资回报一般，其 中最惨年份2020年的ROIC为-4.58%，投资 ...

证券代码：603721 证券简称：*ST 天择 公告编号：2025-024 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个别及连带责任。 中广天择传媒股份有限公司（以下简称"中广天择"）于 2025 年 4 月 30 日公告了《中广天择传媒股份有限公司关于购买资产暨关联交易的公告》（编号 为 2025-009）。有关购买资产进展情况如下： 1、2025 年 6 月，完成长沙体育产业经营有限公司（以下简称"长沙体产"） 股权变更的工商登记。 中广天择传媒股份有限公司 关于购买资产暨关联交易的进展公告 2、2025 年 8 月，完成长沙体产公司注册资本由 1 亿元到 3000 万元的减资 公示及工商登记。 3、根据《企业会计准则第 20 号-企业合并》，参与合并的企业在合并前后 均受同一方或相同的多方最终控制且该控制并非暂时性的，为同一控制下的企业 合并。根据《企业会计准则应用指南汇编 2024》，判断某一企业合并是否属于 同一控制下的企业合并，应当把握下列要点: 1）能够对参与合并各方在合并前后均实施最终控制的一方通常指企业集团 的母公 ...

Core Viewpoint - *ST Tianze reported a revenue of 133 million yuan for the first half of 2025, representing a year-on-year decline of 5.14% [1] - The net loss attributable to shareholders was 13.17 million yuan, an improvement from a net loss of 15.45 million yuan in the same period last year [1] - Basic earnings per share were reported at -0.1 yuan per share [1] Financial Performance - Revenue for the first half of 2025 was 133 million yuan, down 5.14% compared to the previous year [1] - The net loss decreased to 13.17 million yuan from 15.45 million yuan year-on-year [1] - Basic earnings per share stood at -0.1 yuan [1]