传媒 相关报告 《传媒行业分析报告：春节档表现低迷，票房 低于预期》 2026-02-25 《传媒行业月报：AI 流量入口竞争白热，春 节档电影供给丰富》 2026-01-28 《传媒行业分析报告：传媒 2025Q4 基金持仓 分析：重仓股配置力度环比下降，个股配置分 化》 2026-01-27 联系人：李智 ⚫ 行情回顾与估值表现：截至 2026 年 2 月 25 日，2 月传媒指数下跌 3.73%，在 30 个一级行业组合中排名第 30，跑输同期上证指数 （+0.71%）4.45pct，跑输同期沪深 300 指数（+0.63%）4.36pct， 跑输同期创业板指（+0.25%）3.99pct。 子板块中，互联网广告营销板块下跌11.56%，游戏板块下跌4.25%， 出版板块下跌 0.04%，影视板块上涨 0.16%。 分析师：乔琪 登记编码：S0730520090001 qiaoqi@ccnew.com 021-50586985 Seedance2.0 引市场关注，春节档票 房不及预期 ——传媒行业月报 证券研究报告-行业月报 强于大市(维持) 传媒相对沪深 300 指数表现 2026 年 2 月 1 日 ...

证券日报网讯 2月25日，中原传媒在互动平台回答投资者提问时表示，截至2026年2月13日公司登记在 册的股东人数为20297户。 （文章来源：证券日报） ...

证券日报网讯 2月24日，中原传媒在互动平台回答投资者提问时表示，截至2026年2月10日公司登记在 册的股东人数为20297户。 （文章来源：证券日报） ...

Group 1 - The Shenzhen State-Owned Enterprises Shareholder Return Index (470064) closed at 2441.55 points, down 0.46%, with a trading volume of 28.0 billion yuan and a turnover rate of 0.99% [1] - Among the constituent stocks of the index, 14 stocks rose, with Zhongyuan Media leading with a 2.71% increase, while 33 stocks fell, with Fuan Energy leading the decline at 2.76% [1] Group 2 - The net outflow of main funds from the Shenzhen State-Owned Enterprises Shareholder Return Index constituent stocks totaled 1.776 billion yuan, while the net inflow of speculative funds was 570 million yuan, and the net inflow of retail funds was 1.206 billion yuan [2]

Market Overview - The publishing sector declined by 0.93% compared to the previous trading day, with Rongxin Culture leading the decline [1] - The Shanghai Composite Index closed at 4102.2, up by 0.85%, while the Shenzhen Component Index closed at 14156.27, up by 0.21% [1] Individual Stock Performance - Zhongyuan Media (000719) saw a closing price of 13.44, with an increase of 5.16% and a trading volume of 461,300 shares, amounting to 626 million yuan [1] - Reader Media (603999) experienced a decrease of 1.32% with a net outflow of 227.44 million yuan from main funds [3] - Rongxin Culture (301231) closed at 36.29, down by 6.95%, with a trading volume of 94,500 shares and a transaction value of 350 million yuan [2] Fund Flow Analysis - The publishing sector experienced a net outflow of 649 million yuan from main funds, while retail investors saw a net inflow of 726 million yuan [2] - Main funds showed a net inflow of 2.39 million yuan into Zhongyuan Media, while other stocks like Zhejiang Publishing (601921) and City Media (600229) had mixed fund flows [3]

Investment Rating - The report maintains a positive outlook on the media and internet industry, particularly highlighting the growth potential driven by AI applications and content quality [1]. Core Insights - The media and internet industry index rose by 17.94% in January 2026, outperforming the Shanghai and Shenzhen 300 index, which increased by 1.65% [6][8]. - The film industry experienced a significant decline in box office revenue, with January 2026 box office at 1.965 billion yuan, down 69.15% year-on-year and 47.08% month-on-month [16][18]. - The gaming industry saw record-high user revenue, with actual sales revenue reaching 350.789 billion yuan in 2025, a year-on-year increase of 7.68% [30][34]. - The advertising market grew by 5.4% year-on-year in 2025, with notable increases in sectors such as telecommunications and personal goods [16]. - AI applications are rapidly advancing, with companies like Zhihui and Minimax listing in Hong Kong, indicating a strong market interest in AI commercialization [1][4]. Market Dynamics - The media industry index showed a strong performance in January 2026, with all sub-sectors experiencing growth, particularly advertising marketing, which rose by 35.73% [7][8]. - The film industry is expected to see a rebound in February 2026 due to the release of new films during the Spring Festival [25][29]. - The gaming market continues to expand, with a user base of 683 million, marking a historical high [30][34]. Sub-industry Data Tracking Film Industry - January 2026 saw a total of 41 films released, with a box office champion being "Zootopia" at 423 million yuan, accounting for 21.5% of the total box office [16][26]. - The average ticket price in January 2026 was 38.84 yuan, down 17.45% year-on-year [18]. Gaming Industry - The domestic mobile gaming market generated 257.076 billion yuan in revenue in 2025, a 7.92% increase year-on-year [30][34]. - The number of approved domestic game licenses increased significantly, with 177 games approved in January 2026, indicating a stable supply for the market [42][44]. Advertising Industry - The advertising market's total expenditure increased by 5.4% in 2025, with significant growth in sectors like telecommunications and IT products [16].

中证报中证网讯(王佳飞熊永红)2月3日，中原传媒（000719）公告了2025年度业绩快报。2025年公司实 现营业总收入93.51亿元，同比下降5.13%；实现营业利润14.50亿元，同比增长9.09%；利润总额14.50亿 元，同比增长9.48%；归属于上市公司股东的净利润13.49亿元，同比增长30.99%；扣除非经常性损益后 的归属于上市公司股东的净利润13.22亿元，同比增长5.76%。基本每股收益1.32元，同比增长30.69%。 ...

Mergers and Acquisitions - Suochen Technology's wholly-owned subsidiary plans to acquire 48% equity of its controlling subsidiary for 86.4 million yuan, resulting in 100% ownership of the subsidiary after the transaction [1] - Zhiyang Innovation is planning to acquire control of Lingming Photon Technology through issuing ordinary shares, convertible bonds, and cash payments, which is expected to constitute a major asset restructuring and related party transaction [2] - Kailong High-Tech intends to purchase 70% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. through issuing shares and cash payments, while also planning to raise matching funds not exceeding 100% of the transaction price [3] Performance Disclosure - Yabo Xuan reported a net profit of 64.75 million yuan for 2025, representing a year-on-year increase of 34.16%, with total revenue of 598 million yuan, up 58.73% year-on-year [4] - Zhongyuan Media announced a net profit of 1.349 billion yuan for 2025, showing a year-on-year growth of 30.99%, despite a total revenue decline of 5.13% to 9.351 billion yuan [5] Shareholding Changes - Dahao Technology announced that four shareholders plan to reduce their holdings by up to 1% each, totaling a maximum of 11.1665 million shares [6] - Changchun Yidong disclosed that FAW Equity Company intends to reduce its holdings by up to 3%, equating to a maximum of 424,550 shares [7] - Jiangyan Group's shareholder plans to reduce its holdings by up to 3%, amounting to a maximum of 1.92833 million shares [8] - Shangluo Electronics' controlling shareholder intends to reduce its holdings by up to 3%, which is approximately 2.05015 million shares [9]

（文章来源：证券日报） 证券日报网讯 2月3日，中原传媒发布2025年度业绩快报称，公司2025年实现营业总收入935135.36万 元，同比下降5.13%；归属于上市公司股东的净利润为134912.34万元，同比增长30.99%。 ...

（文章来源：证券日报） 证券日报网讯 2月3日，中原传媒在互动平台回答投资者提问时表示，根据中国结算深圳分公司提供数 据显示，截至2026年1月30日公司登记在册的股东人数为19456户。 ...