Core Viewpoint - The company has approved the use of idle funds for cash management, aiming to enhance the efficiency of fund utilization while ensuring that it does not affect ongoing projects or operations [8][21][38]. Financial Data - The company plans to invest up to RMB 70 million in high-safety, liquid, and principal-protected financial products, with a maximum investment period of 12 months [8][21][36]. - The company also approved the use of up to RMB 80 million of idle self-owned funds for similar investments, with the same conditions regarding safety and liquidity [21][38]. Investment Purpose - The objective of the investment is to improve the efficiency of idle funds and strengthen daily fund management without impacting the company's normal operations [9][23]. Investment Details - The investment will be made in structured deposits and large certificates of deposit, which are considered safe and liquid [8][21]. - The decision is valid for 12 months from the date of board approval, allowing for rolling use of funds within the specified limits [13][26]. Risk Management - The company has established a robust approval and execution process to ensure the safety of the funds used for cash management [16][29]. - Independent directors have the authority to supervise and inspect the use of funds, and professional institutions may be engaged for audits if necessary [16][29]. Impact on Company - The use of idle funds for cash management is expected to yield certain investment returns without significantly affecting the company's main business, financial status, or cash flow [18][19]. - The company assures that this action will not alter the intended use of raised funds or harm the interests of shareholders, particularly minority shareholders [19][18].

Core Viewpoint - Xinhua Net (603888.SH) reported a significant increase in both revenue and net profit for the third quarter of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company's operating revenue reached 495 million yuan, representing an 18.45% year-on-year increase [1] - The net profit attributable to shareholders was 49.38 million yuan, reflecting a 31.71% year-on-year growth [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 48.65 million yuan, showing a substantial 48.09% year-on-year increase [1]

Core Insights - Xinhua Net Co., Ltd. reported a revenue of 1.306 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 7.88% [1] - The net profit attributable to shareholders reached 203.4 million yuan, marking a year-on-year increase of 30.56% [1] - The performance improvement is attributed to business structure optimization, cost control, and changes in corporate income tax policies [1] Financial Performance - Revenue for the first three quarters: 1.306 billion yuan, up 7.88% year-on-year [1] - Net profit attributable to shareholders: 203.4 million yuan, up 30.56% year-on-year [1] Business Strategy - The company focused on optimizing its business structure during the reporting period [1] - Cost control measures were implemented to enhance operational profitability [1] - Changes in corporate income tax policies also contributed to the improved financial results [1]

Core Viewpoint - Xinhua Net announced the results of its 2025 Q3 report and the composition of its revenue for 2024, highlighting the significant contributions from various service segments [1] Group 1: Company Financials - Xinhua Net's revenue composition for 2024 is as follows: Government and enterprise comprehensive services account for 38.65%, full media advertising services for 36.3%, digital and intelligent services for 19.73%, and cultural creative services for 5.32% [1] - As of the report, Xinhua Net's market capitalization stands at 13.1 billion yuan [1] Group 2: Corporate Governance - The 18th meeting of the fifth board of directors was held via telecommunication on October 27, 2025, to review the Q3 report and other documents [1]

证券代码：603888 证券简称：新华网 公告编号：2025-060 新华网股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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： 投资种类：结构性存款、大额存单等安全性高、流动性好的保本型产 品 投资金额：不超过人民币 70,000 万元 已履行的审议程序：2025 年 10 月 27 日，新华网股份有限公司（以下 简称"公司"或"新华网"）召开第五届董事会第十八次会议，审议通过了《关 于使用部分闲置募集资金进行现金管理的议案》，同意公司使用最高额度不超 过人民币 70,000 万元的闲置募集资金，投资单项产品期限最长不超过 12 个 月的结构性存款、大额存单等安全性高、流动性好的保本型产品进行日常资 金管理。使用期限为自董事会审议通过之日起 12 个月内有效，在上述额度内， 资金可滚动使用。保荐机构中国国际金融股份有限公司已发表明确同意的核 查意见。 特别风险提示：公司拟购买理财产品属于安全性高、流动性好的保本 型产品，但仍不排除因市场波动、宏观金融政策变化 ...

证券代码：603888 证券简称：新华网 公告编号：2025-061 新华网股份有限公司 关于使用部分闲置自有资金进行现金管理的公告 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： 基本情况 | 投资金额 | 不超过人民币 80,000 万元 | | --- | --- | | 投资种类 | 金融机构理财产品 | | 资金来源 | 自有资金 | 已履行的审议程序 2025 年 10 月 27 日，新华网股份有限公司（以下简称"公司"或"新华网"） 召开第五届董事会第十八次会议，审议通过了《关于使用部分闲置自有资金进行 现金管理的议案》，同意公司及控股子公司使用最高额度不超过人民币 80,000 万元的闲置自有资金，投资安全性高、流动性好、发行主体有保本约定，单项产 品期限最长不超过 12 个月的金融机构理财产品进行日常资金管理。使用期限为 自董事会审议通过之日起 12 个月内有效，在上述额度内，资金可滚动使用。 为提高自有资金使用效率，加强日常资金管理，在确保不影响公司正常经营 的前提下，通过进行适度的保本型短 ...

证券代码：603888 证券简称：新华网 公告编号：2025-059 新华网股份有限公司 第五届董事会第十八次会议决议公告 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。 本议案已经公司董事会审计委员会事前审议通过，审计委员会委员一致同意 会议由董事长储学军先生主持。 二、董事会会议审议情况 （一）审议通过了《新华网股份有限公司 2025 年第三季度报告》 同意《新华网股份有限公司 2025 年第三季度报告》。本议案已经公司董事会 审计委员会事前审议通过，审计委员会委员一致同意该议案并同意提交公司董事 会审议。 表决结果：15 票赞成，0 票反对，0 票弃权。同意的票数占全体董事所持的 有表决权票数的 100%。 详见同日在上海证券交易所网站（http://www.sse.com.cn）披露的《新华 网股份有限公司 2025 年第三季度报告》。 （二）审议通过了《关于使用部分闲置募集资金进行现金管理的议案》 同意公司使用最高额度不超过人民币 70,000 万元的闲置募集资金，投资单 项产品期限最长不超过 12 个月的结构性存款 ...

中国国际金融股份有限公司 1、资金来源：闲置募集资金 具体情况见下表： 关于新华网股份有限公司 使用部分闲置募集资金进行现金管理的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为新华网股份有限公司（以 下简称"新华网"或"公司"）首次公开发行股票并上市的保荐机构，根据《证券发行上市 保荐业务管理办法》《上海证券交易所股票上市规则》《上市公司募集资金监管规则》和 《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等有关规定的要求，对 新华网拟使用部分闲置募集资金进行现金管理的情况进行了核查，核查情况及核查意见 如下： 一、投资情况概况 （一）投资目的 为提高募集资金使用效率，加强日常资金管理，在确保不影响募集资金项目建设和 募集资金使用的情况下，合理利用暂时闲置募集资金，以获取较好的投资回报。 （二）投资金额 最高额度不超过人民币 70,000 万元，在该额度内，资金可滚动使用。 （三）资金来源 | 发行名称 | 2016 | | 年首次公开发行股份 | | | | | --- | --- | --- | --- | --- | --- | --- | | 募集资金到账时间 | 2016 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥495,191,569.13, representing an increase of 18.45% compared to the same period last year[5]. - The total profit for the quarter was ¥51,595,861.95, reflecting a growth of 15.19% year-over-year[5]. - The net profit attributable to shareholders for the quarter was ¥49,380,200.61, which is an increase of 31.71% compared to the same period last year[5][10]. - The net profit after deducting non-recurring gains and losses for the quarter was ¥48,652,194.09, showing a significant increase of 48.09% year-over-year[5][11]. - Total operating revenue for the first three quarters of 2025 reached ¥1,305,721,573.84, an increase of 7.87% compared to ¥1,210,380,527.98 in the same period of 2024[20]. - Net profit for the first three quarters of 2025 was ¥203,441,428.76, up 30.54% from ¥155,821,797.25 in the first three quarters of 2024[21]. - Operating profit for the first three quarters of 2025 was ¥205,961,971.15, an increase of 11.83% compared to ¥184,577,828.73 in the same period of 2024[21]. - Basic earnings per share for the first three quarters of 2025 were ¥0.3675, compared to ¥0.3002 in the same period of 2024, reflecting a 22.33% increase[21]. Assets and Liabilities - The total assets at the end of the quarter were ¥4,925,990,696.29, down 4.08% from the end of the previous year[6]. - Total assets as of September 30, 2025, are ¥4,925,990,696.29, compared to ¥5,135,592,701.07 at the end of 2024[17]. - The company has a long-term equity investment of ¥361,864,220.47, an increase from ¥283,037,518.60[16]. - The company's total liabilities decreased to ¥1,246,766,030.64 from ¥1,641,530,301.03 year-over-year[18]. - Total current liabilities amount to ¥939,427,775.56, a decrease from ¥1,290,107,873.95[17]. - Non-current liabilities total ¥307,338,255.08, down from ¥351,422,427.08[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 45,692[13]. - Xinhua News Agency holds 344,083,662 shares, representing 51.00% of total shares[14]. - Xinhua Investment Holdings Co., Ltd. holds 35,164,916 shares, representing 5.21% of total shares, with 35,164,916 shares pledged[13]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥65,545,246.31, reflecting an increase due to improved sales collection[6][11]. - The net cash flow from operating activities for the first three quarters of 2025 was ¥65,545,246.31, a significant recovery from a net outflow of -¥44,584,294.24 in the same period of 2024[22]. - The company reported a net cash outflow from investing activities of -¥361,388,139.72, an improvement from -¥1,066,708,265.66 in the same period of 2024[22]. - The company experienced a net cash outflow from financing activities of -¥193,411,780.33, compared to -¥158,863,800.59 in the same period of 2024[23]. Other Information - The basic earnings per share for the quarter was ¥0.0707, a decrease of 2.08% compared to the same period last year[6]. - The company attributed the increase in net profit to optimized business structure and cost control measures[10]. - Non-recurring gains included government subsidies amounting to ¥11,723,286.05 for the quarter[8]. - Cash and cash equivalents are reported at ¥2,012,993,719.86, down from ¥2,356,196,892.18[16]. - Cash and cash equivalents at the end of the reporting period were ¥1,525,606,864.19, down from ¥1,793,197,084.92 at the end of the previous year[23]. - The company has no significant new product launches or market expansion strategies mentioned in the reports[15].

Core Insights - Xinhua Net (603888.SH) reported a revenue of 495 million yuan for Q3 2025, representing a year-on-year growth of 18.45% [1] - The net profit for Q3 2025 was 49.38 million yuan, showing a year-on-year increase of 31.71% [1] - For the first three quarters of 2025, the total revenue reached 1.306 billion yuan, with a year-on-year growth of 7.88% [1] - The net profit for the first three quarters was 203 million yuan, reflecting a year-on-year increase of 30.56% [1]