本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 证券代码：000681 证券简称：视觉中国 公告编号：2026-007 视觉（中国）文化发展股份有限公司 关于持股 5%以上股东减持公司股份的预披露公告 公司持股 5%以上股东梁军保证向本公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 持有本公司股份 61,435,827 股（占本公司总股本比例 8.78%，总股本按剔除 公司最新披露回购专用账户中的股份 998,800 股数量后的 699,578,636 股计算， 下同）的大股东梁军女士，计划在本减持计划公告发布之日起 15 个交易日后的 3 个月内（即 2026 年 2 月 26 日至 2026 年 5 月 25 日），以集中竞价方式减持本 公司股份不超过 5,600,000 股（即不超过公司总股本比例 0.8%）。 现将具体情况公告如下： 一、股东的基本情况 1. 股东姓名：梁军 2. 股东持有股份的总数量、占公司总股本的比例：截至本公告日，梁军合 计持有本公司股份 61,435,827 股,占公司总股本比例 8.78%。 二、本次减持计划的主要内 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600228 | *ST返利 | 5.60 | -2.10% | 6.22万 | 3497.94万 | | 603466 | 风语筑 | 9.35 | -0.95% | 22.29万 | 2.07亿 | | 300295 | 三六五网 | 12.87 | -0.85% | 6.36万 | 8137.04万 | | 301299 | 卓创资讯 | 60.53 | -0.72% | 2.65万 | 1.59亿 | | 300987 | 川网传媒 | 20.68 | 0.00% | 8.84万 | 1.81亿 | | 300413 | 芒果超媒 | 25.61 | 0.00% | 24.53万 | 6.22亿 | | 002095 | 生意宝 | 18.98 | 0.21% | 5.59万 | 1.05亿 | | 603533 | 掌阅科技 | 24.81 | 0.24% | 22.31万 | 5.43亿 | | 603888 | 新华网 | 4 24. ...

Market Overview - The digital media sector experienced a decline of 2.77% on January 26, with ZhiDeMai leading the drop [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] Stock Performance - Notable stock performances include: - Fantuo Shuchuang (301313) closed at 31.00, up 2.65% with a trading volume of 49,400 shares and a turnover of 151 million yuan [1] - ZhiDeMai (300785) closed at 61.32, down 5.17% with a trading volume of 176,900 shares and a turnover of 1.098 billion yuan [2] - Mango Super Media (300413) closed at 25.61, down 3.61% with a trading volume of 328,800 shares and a turnover of 849 million yuan [2] Capital Flow - The digital media sector saw a net outflow of 935 million yuan from institutional investors, while retail investors contributed a net inflow of 582 million yuan [2][3] - Key capital flows for selected stocks include: - Fantuo Shuchuang had a net inflow of 8.34 million yuan from institutional investors, but a net outflow of 20.05 million yuan from retail investors [3] - ZhiDeMai experienced a net outflow of 17.46 million yuan from institutional investors, while retail investors contributed a net inflow of 12.02 million yuan [3]

Group 1 - A-share market sees a rise in AIGC concept stocks, with notable increases in several companies [1] - Zhejiang Wenhu Internet (浙文互联) hits the daily limit with a 10.05% increase, while Century Tianhong (世纪天鸿) rises by 7.63% [2] - Other companies such as Guangyun Technology (光云科技), SuperMap Software (超图软件), and Di'an Diagnostics (迪安诊断) also experience significant gains, exceeding 5% [1][2] Group 2 - The total market capitalization of Zhejiang Wenhu Internet is 17.9 billion, with a year-to-date increase of 54.09% [2] - Century Tianhong has a market cap of 4.236 billion and a year-to-date increase of 16.75% [2] - Guangyun Technology's market cap stands at 11.3 billion, with a year-to-date increase of 57.32% [2]

Market Overview - The digital media sector increased by 0.86% on January 22, with *ST Fanli leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Stock Performance - *ST Fanli (600228) closed at 5.36, up 5.10% with a trading volume of 59,700 shares and a transaction value of 31.6165 million yuan [1] - Other notable performers include: - Fantou Digital (301313) at 30.05, up 2.95% [1] - Fengyuzhu (603466) at 9.55, up 2.80% [1] - Zhidema (300785) at 61.30, up 2.75% [1] - Guomai Culture (600640) at 13.83, up 2.22% [1] Capital Flow Analysis - The digital media sector experienced a net outflow of 438 million yuan from institutional investors, while retail investors saw a net inflow of 486 million yuan [2] - The capital flow for individual stocks shows: - Zhangyue Technology (603533) had a net inflow of 37.0479 million yuan from institutional investors [3] - *ST Fanli (600228) had a significant net inflow of 14.2651 million yuan, representing 45.12% of its trading volume [3] - Other stocks like Zhidema (300785) and Fengyuzhu (603466) also saw net inflows from institutional investors [3]

Investment Rating - The report maintains an "Outperform" rating for the media industry [4][38]. Core Insights - The media industry has shown a 3.44% increase, outperforming both the CSI 300 (-0.57%) and the ChiNext Index (1.00%) during the week of January 12-16 [11][12]. - Key companies that performed well include Yidian Tianxia, Liou Shares, People’s Daily, and Visual China, while companies like ST Fanli, Liansheng Technology, Beitou Technology, and Diguang Media faced declines [11][12]. - Bilibili launched a one-stop AI marketing tool, "Bilibili Bid," aimed at enhancing advertising efficiency for brands [15][16]. - Google’s Veo 3.1 received a significant upgrade, improving its video generation capabilities [15][16]. - OpenAI released the GPT-5.2 Codex programming model, enhancing its performance for complex software development tasks [15][16]. - The Qianwen App introduced over 400 new features, covering various services from food delivery to AI tutoring [17]. Summary by Sections Industry Performance - The media sector's performance ranked third among all sectors, with a notable increase of 3.44% [11][12][13]. Key Company Updates - The report highlights the strong performance of companies like Yidian Tianxia and Liou Shares, with significant weekly gains [11][12]. - The report provides earnings forecasts for key companies, indicating a positive outlook for firms like Kayi Network and Jibite [4][38]. Market Trends - The film box office for the week was 259 million yuan, with top films including "Nishan" (58 million yuan), "Zootopia 2" (53 million yuan), and "Avatar 3" (45 million yuan) [17][19]. - In the gaming sector, the top-grossing mobile games in December 2025 were "Whiteout Survival," "Gossip Harbor: Merge & Story," and "Kingshot" [26][27]. AI and Technology Developments - The report emphasizes the acceleration of AI applications in the media industry, particularly in marketing and content creation [3][36]. - Companies are encouraged to explore investment opportunities in AI-driven sectors, including AI marketing and content services [3][36].

Investment Rating - The report maintains an "Outperform" rating for the media industry [4][36]. Core Insights - The media industry has shown a 3.44% increase, outperforming both the CSI 300 (-0.57%) and the ChiNext Index (1.00%) during the week of January 12-16 [11][12]. - Key companies that performed well include Yidian Tianxia, Liou Co., People's Daily, and Vision China, while companies like ST Fanli and Liansheng Technology saw declines [11][12]. - Bilibili launched a one-stop AI marketing tool, "Bilibili Bid," aimed at enhancing advertising efficiency [15][16]. - Google released a significant upgrade to its AI video generation model, Veo 3.1, enhancing its practical applications [15][16]. - OpenAI introduced the GPT-5.2 Codex programming model, which significantly improves performance and reliability for long-term tasks [15][16]. - The Qianwen App launched over 400 new features, marking a significant advancement in AI capabilities [15][17]. Summary by Sections Industry Performance - The media sector's performance ranked third among all sectors, with a notable increase of 3.44% [11][12][13]. Key Company Updates - The report highlights the strong performance of companies like Yidian Tianxia, which saw a 54% increase, and Liou Co., which increased by 39% [12]. - The report also provides earnings forecasts for key companies, indicating a positive outlook for firms like Kayi Network and Jibite [4]. Market Data - The total box office for the week was 259 million yuan, with the top three films being "Nishan" (58 million yuan), "Zootopia 2" (53 million yuan), and "Avatar 3" (45 million yuan) [2][19]. - In the gaming sector, the top three mobile games in December 2025 were "Whiteout Survival," "Gossip Harbor: Merge & Story," and "Kingshot" [26][27]. Investment Recommendations - The report emphasizes the potential of AI applications in the media sector, particularly in marketing and content creation, suggesting investment opportunities in companies like Zhejiang Wenlian and Huimai Technology [36]. - It also notes the expected growth in the gaming sector driven by new product cycles and AI integration, recommending companies such as Giant Network and JiBit [36].

Core Viewpoint - The company, Vision China (000681.SZ), is not directly involved in chip design, manufacturing, or sales, and does not have a dedicated layout in the chip sector. The current focus is on the development of its main business while leveraging computing power and general chip resources to support AI applications [1]. Group 1 - The company has confirmed it does not participate in chip-related businesses [1] - The primary focus of the company remains on its core business development [1] - The company aims to utilize computing power and general chip resources to enhance AI applications [1]

Group 1 - The core viewpoint of the article is that Vision China (000681.SZ) has stated it is not engaged in any other forms of deep cooperation or specialized layout within the commercial aerospace industry chain [1]

Core Viewpoint - The company is actively advancing the application of AI technology in its main business, enhancing content supply efficiency and service capabilities [1] Group 1: AI Technology Application - The company has implemented AI capabilities in various scenarios including content production, intelligent editing, creative generation, copyright compliance review, and platform services [1] - The focus is on the changes in content distribution and presentation methods in the context of generative AI, with ongoing research into AI search and intelligent recommendation systems [1] Group 2: GEO Business Development - Currently, the company has not established an independent GEO business layout; the exploration mainly serves and empowers existing main business operations [1]