Financial Performance - The company's revenue for Q1 2025 was ¥2,857,740,968.87, representing a 4.70% increase compared to ¥2,729,531,149.19 in the same period last year[4] - Net profit attributable to shareholders was ¥1,135,173,105.64, up 9.14% from ¥1,040,063,504.60 year-over-year[4] - Total operating revenue for the current period reached ¥2,857,740,968.87, an increase of 4.7% compared to ¥2,729,531,149.19 in the previous period[19] - Net profit for the current period was ¥1,130,963,703.95, representing a growth of 11.6% from ¥1,013,489,723.30 in the prior period[19] - Basic earnings per share improved to ¥0.0786 from ¥0.072, reflecting a growth of 19.4%[19] Cash Flow - The net cash flow from operating activities increased by 23.03% to ¥1,529,403,682.08, compared to ¥1,243,152,371.12 in the previous year[4] - Operating cash flow for the current period is CNY 1,529,403,682.08, an increase of 22.9% from CNY 1,243,152,371.12 in the previous period[20] - Total cash inflow from operating activities is CNY 2,937,773,019.29, compared to CNY 2,741,875,953.39 in the previous period, reflecting a growth of 7.1%[20] - Cash outflow from operating activities decreased to CNY 1,408,369,337.21 from CNY 1,498,723,582.27, a reduction of 6.0%[20] - The company reported a net increase in cash and cash equivalents of CNY 720,765,219.03, compared to CNY 1,750,985,116.59 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥23,960,763,673.93, a 5.10% increase from ¥22,798,594,966.48 at the end of the previous year[4] - The company's total liabilities increased slightly to ¥5,507,234,511.05 from ¥5,477,857,016.59, indicating a growth of 0.5%[18] - The total equity attributable to shareholders rose to ¥18,184,695,207.00, up from ¥17,027,280,982.60, marking an increase of 6.8%[18] - Total current assets increased to 12,479,605,593.08 RMB from 11,647,304,428.44 RMB, a growth of approximately 7.13%[17] - Total assets reached 23,960,763,673.93 RMB, up from 22,798,594,966.48 RMB, indicating an increase of about 5.09%[17] Investment and Income - Other income rose by 49.86% to ¥154,716,956.62, primarily due to an increase in government subsidies received[10] - Investment income surged by 106.12% to ¥14,578.44 million, driven by gains from long-term equity investments accounted for using the equity method[10] - The company reported an investment income of ¥145,784,439.81, significantly higher than ¥70,726,517.14 in the previous period, indicating a growth of 105.5%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 186,529[13] - Media Management Hong Kong Limited holds 23.72% of shares, totaling 3,425,818,777 shares[13] - The top ten shareholders account for a significant portion of the company's equity, with the largest shareholder holding nearly 24%[13] Other Financial Metrics - The weighted average return on equity improved to 6.45%, up from 5.71% in the previous year[4] - Research and development expenses were ¥15,230,511.21, a decrease of 8.2% compared to ¥16,583,464.61 in the previous period[19] - Other comprehensive income after tax for the current period was -¥470,619.65, compared to -¥7,302,205.05 in the previous period, showing an improvement[19]

Financial Performance - The company's operating revenue for 2024 reached ¥12,262,102,807.88, representing a 3.01% increase compared to ¥11,903,724,918.98 in 2023[25] - The net profit attributable to shareholders for 2024 was ¥5,155,394,136.42, marking a 6.80% increase from ¥4,827,101,718.50 in 2023[25] - The basic earnings per share for 2024 was ¥0.3570, an increase of 6.82% from ¥0.3342 in 2023[25] - The net profit after deducting non-recurring gains and losses was ¥4,667,987,379.70, reflecting a 6.73% increase from ¥4,373,844,125.99 in 2023[25] - The total assets at the end of 2024 were ¥22,798,594,966.48, a decrease of 6.41% from ¥24,361,016,948.69 at the end of 2023[25] - The net assets attributable to shareholders decreased by 3.77% to ¥17,027,280,982.60 at the end of 2024, compared to ¥17,693,454,143.34 at the end of 2023[25] - The total non-recurring gains and losses for 2024 amounted to approximately ¥487.4 million, reflecting a significant increase compared to previous years[30] - The company achieved a revenue of 12,262.10 million RMB in 2024, an increase of 3.01% compared to 11,903.72 million RMB in the previous year[48] - The net profit attributable to shareholders was 5,155.39 million RMB, up 6.80% from 4,827.10 million RMB year-on-year[48] Cash Flow and Investments - The net cash flow from operating activities decreased by 13.50% to ¥6,641,811,190.52 in 2024, down from ¥7,677,996,753.60 in 2023[25] - Cash inflow from investment activities increased by 13.80% to ¥32,675,622,552.05, while cash outflow also rose by 11.40% to ¥30,066,748,223.95, resulting in a net cash inflow of ¥2,608,874,328.10, a 51.37% increase year-on-year[64] - Cash inflow from financing activities surged by 127.79% to ¥210,909,611.16, while cash outflow remained relatively stable at ¥9,344,068,422.88, leading to a net cash outflow of ¥9,133,158,811.72[64] - The company's cash and cash equivalents increased by ¥113,452,239.40, a decrease of 26.23% compared to the previous year[64] - The total accounts receivable increased by ¥513,852,633.86, representing a 28.24% increase from the beginning of the year[69] - Long-term equity investments rose by ¥820,429,000.00, a 38.49% increase compared to the beginning of the year, primarily due to net income from equity method investments[69] Market and Business Strategy - The company has maintained its focus on expanding its market presence and enhancing its technology offerings, although specific new products or technologies were not detailed in the report[25] - The outdoor advertising market in China is projected to grow by approximately 3.86% in 2024, with the outdoor video advertising segment expected to reach about ¥483.2 billion, accounting for approximately 56.7% of the total outdoor advertising market[33] - The company aims to enhance its media resource coverage and structure through digitalization and new technology applications, positioning itself as a leading outdoor advertising platform[38] - The company is actively expanding its coverage in lower-tier cities, optimizing media resource points in third and fourth-tier cities[41] - The company is leveraging AI technology to enhance its advertising strategies, improving efficiency and creating new industry solutions[42] - The company has successfully expanded its overseas business since 2017, establishing a presence in markets such as South Korea, Singapore, and Indonesia, demonstrating the replicability of its media model[92] Corporate Governance and Management - The company has maintained compliance with corporate governance regulations, ensuring the protection of shareholder rights and interests[104] - The company has established independent financial and operational structures, ensuring independence from the controlling shareholder[112][114] - The current board members and senior management have not made any stock purchases or sales during the reporting period, maintaining a total of 0 shares held[117] - The independent directors include professionals with significant experience in banking, investment, and corporate governance[119][120][121] - The company has maintained a stable leadership team with no reported resignations or dismissals[118] - The performance bonuses for senior management are contingent on the company's annual operating results and individual performance, indicating a performance-based compensation structure[125] Employee and Training Initiatives - The company conducts monthly training for new employees and weekly training for all sales staff to enhance their skills and knowledge[141][142] - The company has implemented a customized training program for high-potential employees, focusing on professional skills and leadership development[152] - The company has established an online learning platform to enhance employee training efficiency and accessibility[151] - The company has a diverse educational background among employees, with 171 holding master's degrees and 2 holding doctorates[139] Shareholder Returns and Dividends - The company plans to distribute a cash dividend of ¥2.30 per 10 shares, totaling approximately ¥3,329,000,000 based on 14,442,199,726 shares[8] - The 2023 profit distribution plan involves a cash dividend of 3.30 CNY per 10 shares, totaling approximately 4.77 billion CNY distributed to shareholders[102] - The 2024 semi-annual profit distribution plan includes a cash dividend of 1.00 CNY per 10 shares, amounting to approximately 1.44 billion CNY[102] - The proposed cash dividend for the 2024 fiscal year is RMB 0.23 per share, totaling RMB 3,321,705,936.98, maintaining a cash dividend payout ratio of 100%[165] Risks and Challenges - The company faces risks related to the uncertainty of demand in the Chinese advertising market, but its diversified client base enhances its resilience[93] - The competitive landscape of the media industry is evolving, with new media formats emerging, which may impact the company's operational performance[94] Investor Relations - The company discussed its main business operations and future development strategies during the investor relations activity[96] - The investor communication took place on May 6, 2024, via phone in Shanghai[96] - A wide range of institutional investors participated, including Comgest, Fidelity, and Goldman Sachs[96] - Future outlook and performance guidance were key topics of discussion[96] - The company aims to enhance its investor relations through ongoing communication efforts[96] Internal Controls and Compliance - The company has established an effective internal control system covering major operational activities, with no significant internal control deficiencies reported[173] - The internal control audit report issued by the accounting firm confirmed that the company maintained effective financial reporting internal controls as of December 31, 2024[176] - The company has not identified any major deficiencies in financial reporting or non-financial reporting during the reporting period[175]

分众传媒信息技术股份有限公司 非经营性资金占用及其他关联资金 往来情况的专项报告 2024 年度 关于分众传媒信息技术股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 信会师报字[2025]第 ZA12390 号 分众传媒信息技术股份有限公司全体股东： 我们审计了分众传媒信息技术股份有限公司(以下简称"分众传 媒")2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及母公司 资产负债表、2024 年度合并及母公司利润表、合并及母公司现金流 量表、合并及母公司所有者权益变动表和相关财务报表附注，并于 2025 年 4 月 27 日出具了报告号为信会师报字[2025]第 ZA12388 号的 无保留意见审计报告。 分众传媒管理层根据中国证券监督管理委员会《上市公司监管指 引第 8 号——上市公司资金往来、对外担保的监管要求》（证监会公 告〔2022〕26 号）和《深圳证券交易所上市公司自律监管指南第 1 号——业务办理》的相关规定编制了后附的 2024 年度非经营性资金 占用及其他关联资金往来情况汇总表（以下简称"汇总表"）。 编制汇总表并确保其真实、准确、完整是分众传媒管理层 ...

分众传媒信息技术股份有限公司 审计报告及财务报表 二○二四年度 分众传媒信息技术股份有限公司 审计报告及财务报表 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-5 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1-142 | 审 计 报 告 信会师报字[2025]第 ZA12388 号 分众传媒信息技术股份有限公司全体股东： 一、 审计意见 我们审计了分众传媒信息技术股份有限公司（以下简称"分众传 媒"）财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表， 2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并 及母公司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照 ...

Investment Rating - The report maintains an "Outperform" rating for the media and internet sector [5]. Core Views - The report highlights the rapid advancements in AI applications and the significant growth in the millet trading volume, with a 105% year-on-year increase in 2024 [2][4]. - The first quarter of 2025 saw record-high millet trading volumes, indicating a strong upward trend in the IP millet industry [2][4]. - The report emphasizes the importance of performance in the gaming sector and the recovery of the domestic film industry, recommending specific companies for investment [4][41]. Summary by Sections Industry Performance - The media sector experienced a slight increase of 0.14% during the week of April 19-25, underperforming compared to the CSI 300 index (0.38%) and the ChiNext index (1.74%) [12][19]. - Notable gainers included companies like Shengyi Technology and Happiness Blue Sea, while major decliners included Rebate Technology and Mango Super Media [12][19]. Key Developments - Manus AI, a general-purpose AI entity, successfully raised $75 million, quadrupling its valuation to nearly $500 million [2][16]. - Baidu launched its new Wenxin large model series, significantly improving processing speed and reducing costs by 80% [2][17]. - ByteDance's AI application platform "Kouzi Space" began internal testing, enhancing collaborative office capabilities [2][18]. - The "2025 Xianyu Millet Trend Report" indicated a substantial increase in domestic millet consumption, surpassing Japanese millet [2][18]. Important Data Tracking - The box office for the week of April 20-27 reached 191 million yuan, with "Nezha: The Devil's Child" leading at 51 million yuan [19][21]. - The gaming sector's top revenue generators in March 2025 were "Whiteout Survival," "PUBG Mobile," and "Gossip Harbor: Merge & Story" [28][29]. Investment Recommendations - The report suggests focusing on AI applications and IP trends, with specific recommendations for companies like Bubble Mart and others in the industry chain [4][41][42]. - It also highlights the gaming sector's recovery and recommends companies such as Kaiying Network and Giant Network [4][41]. - The report advises monitoring the media sector for advertising growth as the economy improves, recommending companies like Focus Media and Mango Super Media [4][41].

文 / 袁一音 4 月 9 日，广告行业迎来重磅收购，在竞争多年之后，梯媒赛道霸主分众传媒斥资 83 亿元收购梯媒另一头部玩家新潮传媒，创下 中国户 外媒体并购案史上 数额之最。 电梯的优势 近些年，许多爆款品牌和营销语，如儿歌轰炸的妙可蓝多、霸屏的简醇零蔗糖酸奶，登顶童鞋品类的泰兰尼斯，都借助了电梯场景这个超 级加速器，成为经典案例。 走进任何一座写字楼的电梯，白领们都会放下手机，抬头凝视这些广告。这不是偶然，而是现代人对抗信息焦虑的一种本能选择。 凯度的研究揭示了一个反直觉的真相：在号称万物互联的时代，电梯这个物理空间竟实现了 79% 的触达率，比精心设计的互联网广告高出 数倍。这并非算法推演的虚拟覆盖，而是 5 亿都市人群每日必经的真实轨迹交汇。 整个广告界陷入哗然 —— 83 亿，几乎可以把中国的公交车广告、候车亭广告、机场广告、地铁广告、高铁广告五大户外广告龙头全部收 购，为何分众却只买了一个同赛道的新潮？ 实际上，这场收购，不仅意味着线下流量版图重构，更揭示了广告行业的底层逻辑裂变 ——在互联网平台陷入"精准内卷"时，梯媒的"饱 和攻击 + 社会共识"正在成为品牌跳出流量竞争的关键。 今天，我们就 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 公司将严格按照相关规定对上述议案进行中小投资者单独计票并公开对外披露，上述议案具体内容请参 见公司于2025年3月8日、2025年4月26日刊登于巨潮资讯网（www.cninfo.com.cn）的相关公告。 三、现场会议登记方法 1、登记方式： （1）法人股东由法定代表人/执行事务合伙人委派代表亲自出席会议的，凭本人身份证原件、法定代表 人/执行事务合伙人委派代表身份证明书、加盖公章的法人营业执照复印件、证券账户卡或中国证券登 记结算有限责任公司出具的股东证明办理登记手续；由法人股东委托代理人出席会议的，代理人凭本人 身份证原件、委托人证券账户卡或中国证券登记结算有限责任公司出具的股东证明、授权委托书原件 （详见附件二）和加盖公章的法人营业执照复印件办理登记手续； （2）自然人股东亲自出席股东会会议的，凭本人身份证原件、证券账户卡或中国证券登记结算有限责 任公司出具的股东证明办理登记；委托代理人出席的，凭委托人身份证复印件、委托人证券账户卡或中 国证券登记结算有限责任公司出具的股东证明、授权委托书原件（详见附件二）和受托人身份证原件办 理登记手续； （3）股东 ...

一、投资基金情况概述 分众传媒信息技术股份有限公司（以下简称"公司"）全资子公司上海分众 鑫晟信息技术有限公司、上海分众鸿意信息技术有限公司（以下简称"分众鸿意"） 各出资 100 万元、19,900 万元人民币参与投资由苏州锦天前程投资管理中心（有 限合伙）（以下简称"锦天前程"）、苏州琨玉前程投资管理有限公司（以下简 称"琨玉前程"）、上海分众鑫晟信息技术有限公司作为普通合伙人，锦天前程 作为执行事务合伙人的苏州琨玉金舵分众生态产业投资企业（有限合伙）（原名 为苏州琨玉锦明二期投资管理企业（有限合伙），以下简称"合伙企业""基金"）， 签署了相关协议。后续合伙企业原普通合伙人锦天前程、琨玉前程退出合伙，吸 收苏州琨玉金舵投资管理中心（有限合伙）为新的普通合伙人。合伙企业完成工 商变更登记手续并按照《证券投资基金法》和《私募投资基金监督管理暂行办法》 等法律法规的要求在中国证券投资基金业协会完成备案手续取得了《私募投资基 金备案证明》（备案编码：SW7412）。 上述事项的具体内容详见2016年12月13日、2017年11月3日刊登于巨潮资讯 网（www.cninfo.com.cn）上的相关公告。 二、基金 ...

证券代码：002027 证券简称：分众传媒 公告编号：2025-019 分众传媒信息技术股份有限公司 5、会议召开方式：本次股东会采用现场投票与网络投票相结合的方式。公 司将通过互联网投票系统（http://wltp.cninfo.com.cn）和深圳证券交易所交易系统 向公司股东提供网络形式的投票平台，股东可以在网络投票时间内通过上述系统 行使表决权。公司股东应选择现场投票、网络投票中的一种方式，如果同一表决 权出现重复投票表决的，以第一次有效投票表决结果为准。 关于召开 2025 年第一次临时股东会的通知 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，简明清 晰，通俗易懂，没有虚假记载、误导性陈述或重大遗漏。 分众传媒信息技术股份有限公司（以下简称"公司"）于 2025 年 3 月 7 日召 开了公司第八届董事会第十七次会议、2025 年 4 月 24 日召开了公司第八届董事 会第十九次会议及第八届监事会第十五次会议，审议通过的部分议案按照《公司 章程》的相关规定，应当提交公司股东会审议。具体事项如下： 一、召开会议的基本情况 1、会议届次：2025 年第一次临时股东会 2、股东会的召集人：公 ...