Group 1 - A new cultural tourism company, Huaihua Mango Cultural Tourism Co., Ltd., has been established with a registered capital of 28 million yuan [1] - The company's business scope includes investment activities with self-owned funds, scenic area management, tourism development project planning and consulting, and ticketing agency services [1] - The company is jointly held by Hunan Mango Cultural Tourism Investment Co., Ltd., a subsidiary of Electric Broad Media (000917) [1]

Group 1 - The stock price of Electric Broad Media (000917) closed at 7.72 yuan on July 18, 2025, down by 0.39% with a turnover rate of 1.83% and a trading volume of 259,200 shares, amounting to a total transaction value of 201 million yuan [1] - On July 18, 2025, the fund flow for Electric Broad Media showed a net outflow of 10.6857 million yuan from institutional investors and a net outflow of 2.6162 million yuan from retail investors, while retail investors experienced a net inflow of 13.3019 million yuan [1][3] - The company announced its 2024 annual profit distribution plan, which was approved at the shareholders' meeting on June 27, 2025, proposing a cash dividend of 0.20 yuan per 10 shares (before tax), totaling 28,351,126.76 yuan, with no stock dividends or capital increases [1][3] Group 2 - The dividend distribution will be implemented on July 25, 2025, with a record date of July 24, 2025, and the cash dividends will be directly credited to shareholders' accounts through their securities companies [1] - For investors holding shares through the Shenzhen-Hong Kong Stock Connect and foreign institutions, the cash dividend after tax will be 0.18 yuan per 10 shares [1]

股票代码：000917 股票简称：电广传媒 公告编号：2025-20 湖南电广传媒股份有限公司 关于 2024 年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 2.自分配方案披露至实施期间公司股本总额未发生变化。 3.本次实施的分配方案与公司 2024 年度股东大会审议通过的分配方案是一 致的。公司将根据股东大会审议确定的分配比例，按照"分配比例不变"的原则 实施本次利润分配方案。 4.本次实施分配方案距离股东大会审议通过的时间未超过两个月。 二、本次实施的利润分配方案 公司 2024 年年度权益分派方案为：以公司股本总额 1,417,556,338 股为基 数，向全体股东每 10 股派发现金股利人民币 0.20 元（含税），共计派发现金人 民币 28,351,126.76 元；2024 年度不送红股，不以公积金转增股本。 扣税后，通过深股通持有股份的香港市场投资者、境外机构（含 QFII、RQFII） 以及持有首发前限售股的个人和证券投资基金每 10 股派发现金股利人民币 0.18 元；持有首发后限售股、股权激励限售股及无限售流通股的个 ...

湖南启元律师事务所 HUNAN QIYUAN LAW FIRM 湖南省长沙市芙蓉区建湘路 393 号 世茂环球金融中心 63 层 410007 Tel：(0731) 8295 3778 Fax：(0731) 8295 3779 http://www.qiyuan.com 关于湖南电广传媒股份有限公司 2024 年度股东大会的 法律意见书 致：湖南电广传媒股份有限公司 湖南启元律师事务所（以下简称"本所"）受湖南电广传媒股份有限公司（以 下简称"公司"）委托，对公司 2024 年度股东大会（以下简称"本次股东大会"） 进行现场见证，并根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》（以下简称"《股东大会规则》"）等中国现行法律、法 规、规章和规范性文件以及《湖南电广传媒股份有限公司章程》（以下简称"《公 司章程》"）的相关规定，出具本法律意见书。 湖南启元律师事务所 为出具本法律意见书，本所指派本所律师列席了本次股东大会，按照律师行 业公认的业务标准、道德规范和勤勉尽责精神，对本次股东大会进行了现场见证， 并核查和验证了公司提供的与本次股东大会有关的文件、资料和事实。 本所出具本 ...

股票代码：000917 股票简称：电广传媒 公告编号：2025-19 湖南电广传媒股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、重要提示 1、本次会议召开期间没有增加、否决或变更提案。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 二、会议的召开情况 1、现场会议召开时间：2025 年 6 月 27 日（星期五）14:40 2、现场会议召开地点：湖南省长沙市金鹰影视文化城圣爵菲斯大酒店欢城 三楼会议室 3、表决方式：现场投票和网络投票相结合的方式，本次股东大会通过深圳 证券交易所交易系统和互联网系统提供网络形式的投票平台。 通过现场和网络投票的中小股东 670 人，代表股份 91,179,138 股，占公司有 表决权股份总数的 6.4321％。 4、召集人：本公司董事会 5、现场会议主持人：由公司董事长王艳忠先生主持。 6、网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为： 2025 年 6 月 27 日 9:15—9:25,9:30—11:30 和 13:00—15:00；通过深圳证券交 ...

Group 1 - Shanghai YouSheng Aluminum Co., Ltd. has successfully passed the IPO review by the Shanghai Stock Exchange, marking it as the second IPO success for the DaChen system in the first half of the year [1] - YouSheng Aluminum specializes in the design, development, production, sales, and service of aluminum alloy automotive components, focusing on enhancing the range of electric vehicles and energy-saving for fuel vehicles [1] - The company has established stable partnerships with leading global electric vehicle manufacturers such as Tesla, GAC Group, NIO, and others, while also serving well-known fuel vehicle parts manufacturers [1] Group 2 - The DaChen system's ability to achieve two IPO approvals within six months reflects its precise investment vision and strong project reserve capabilities, indicating a potential new phase in IPO reviews [2] - DaChen's performance supports the "big asset management" strategy of its parent company, Dianguang Media, which focuses on early-stage investments in technology [2] - DaChen Financial has over 60 billion RMB in managed funds, focusing on advanced manufacturing, information technology, artificial intelligence, and military industries, showcasing a diversified fund layout [2] Group 3 - Dianguang Media has achieved profitability for four consecutive years, with its cultural tourism business and investment management business contributing significantly to total revenue [3] - The cultural tourism business generated 411 million RMB, accounting for 10.52% of total revenue, while the investment management business generated 505 million RMB, accounting for 12.94% of total revenue [3] - The company is actively participating in the restructuring of Zhangjiakou Group, aiming to accelerate the implementation of its "new cultural tourism" strategy [3]

Group 1: Company Overview - Hunan Electric Broad Media Co., Ltd. (Electric Broad Media) fully owns Shanghai Jiuzhirun, which was acquired in 2015 [2] - Shanghai Jiuzhirun, established in April 2003, is a leader in the Chinese internet gaming industry, focusing on music, dance, and casual games [2] - In 2024, Shanghai Jiuzhirun reported revenue of 453 million CNY and a net profit of 133 million CNY, primarily from the game "Dance Party" [2] Group 2: Business Segments - The "Dance Party" game maintains a high gross profit margin and contributes significantly to revenue [2] - New revenue streams from WeChat mini-program games and Douyin live-streaming bullet screen games have achieved a monthly revenue of 40 million CNY [2][3] Group 3: "Wawoyouquan" Platform - "Wawoyouquan," a second-hand trading platform for trendy toys, was established in 2021 and leverages extensive user data from gaming [3] - The platform has achieved a cumulative GMV of several hundred million CNY, although transaction volumes are lower than competitors like Xianyu and Qiantai [3] - The platform utilizes a mature game item trading mechanism to enhance user experience and ensure smooth transactions [3] Group 4: Bullet Screen Game Business - Successful releases of bullet screen games include "Dance Star" and "Joy Party," with "Joy Party" topping the Douyin bullet screen chart during the 520 event [3] - "Dance Star" generated over 10 million CNY in monthly revenue for five consecutive months, while "Joy Party" reached a peak monthly revenue of nearly 30 million CNY [3] - Upcoming titles include "Dance Star 2," expected to launch in Q3 2025, and "XZLTQ," based on a web novel, anticipated for Q4 2025 [3]

Group 1 - The core point of the article is that Dianguang Media's subsidiary, Shanghai Jiuzhirun, has established a second-hand trading platform called "Wawoyouquan" focused on trendy toys and collectibles, including products like Bubble Mart's labubu [1] - The "Wawoyouquan" platform primarily deals with toys, dolls, and trendy figurines [1] - The business of "Wawoyouquan" does not currently have a significant impact on Jiuzhirun's performance [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative return of over 20% within the next six months [7]. Core Insights - The company's "New Cultural Tourism" strategy has shown significant results, with a notable increase in visitor numbers and revenue during the "May Day" holiday, where total visitors reached approximately 523,000, a year-on-year increase of over 83%, and revenue grew by 63.8% [1][2]. - In Q1 2025, the company reported a revenue of 922 million yuan, a year-on-year increase of 2.67%, but net profit decreased by 89.1% to 3 million yuan due to reduced IPO numbers and lower profits from investment projects [1]. - The cultural tourism business is advancing with a focus on "Culture + Technology + Tourism," achieving a revenue of 411 million yuan in 2024, accounting for 10.52% of total revenue, with a 51% increase in visitor numbers across various attractions [2]. - The investment management business is deepening its focus on hard technology investments, generating 505 million yuan in revenue in 2024, with a gross margin of 100% [3]. - The company is actively expanding into the trendy toy market through its "Wawoyou Circle" platform and investments in IPSTAR, aiming to enhance its presence in the cultural and entertainment sectors [4]. Financial Summary - The company expects revenues of 4.33 billion yuan in 2025, with a year-on-year growth of 11.0%, and net profits of 250 million yuan, reflecting a significant recovery from previous years [5]. - Financial projections indicate a gradual increase in revenue and net profit over the next few years, with expected revenues of 4.78 billion yuan in 2026 and 5.26 billion yuan in 2027 [6][11]. - The company's earnings per share (EPS) is projected to rise from 0.12 yuan in 2023 to 0.30 yuan in 2027, indicating a positive growth trajectory [6][11].

Group 1 - The IP economy (also referred to as the millet economy) concept increased by 1.81%, ranking second among concept sectors, with 109 stocks rising [1][2] - Notable gainers include Baixinglong with a 30% limit up, Aoya shares and Deyi Culture both up 20%, and Xiamen Xinda, Hars, and Yue Media also hitting the limit up [1] - The top gainers in terms of percentage increase include Huali Technology, Chaohongji, and Lian Technology, which rose by 8.82%, 8.60%, and 6.65% respectively [1] Group 2 - The IP economy sector experienced a net outflow of 0.19 billion yuan in capital, with 73 stocks seeing net inflows [2] - Leading the net inflow was Light Media, with a net inflow of 370 million yuan, followed by Zhongwen Online, Shifeng Culture, and Dianguang Media with net inflows of 227 million yuan, 213 million yuan, and 148 million yuan respectively [2] - The stocks with the highest net inflow ratios include *ST Jinbi, New Classics, and Shifeng Culture, with net inflow ratios of 88.99%, 40.20%, and 28.75% respectively [3] Group 3 - The top stocks in the IP economy sector based on capital flow include Light Media, Zhongwen Online, and Shifeng Culture, with respective daily price changes of 5.81%, 3.12%, and 10.01% [3][4] - Other notable stocks include Aoya shares and Deyi Culture, both achieving a 20% increase, and Xiamen Xinda with a 10.04% rise [4] - The overall trading activity in the IP economy sector shows a mix of significant gains and losses among various stocks, indicating a volatile market environment [1][2]