证券代码：002103 证券简称：广博股份 广博集团股份有限公司 投资者活动记录表 编号：2025016 公司布局品牌体验店并搭配快闪活动，既是公司从传统文具向文创潮玩 转型的战略落地举措，也能借助商圈年轻精准客群与快闪"限时限量" 的特点，以轻量化投入高效试水市场需求、收集消费者反馈，同时通过 线下场景展示强化品牌年轻化、潮流化属性，借助社交传播扩大公司潮 玩业务知名度；此举既完善了公司线上线下融合的全渠道生态，弥补线 上消费体验短板，又能与商圈实现双向赋能、丰富消费业态，为后续业 务拓展积累经验与口碑，对公司业务拓展、品牌建设及行业竞争力提升 具有重要意义。 3、公司的"IP 趣玩食品"进展情况，后续发展计划？ 答：近期，公司联动热门 IP《名侦探柯南 M28：独眼的残像》打造的 食玩系列产品，凭借 IP 的高国民度与"食品 + 收藏"的创新形态，在 线上电商平台及线下合作渠道均取得了较好的市场反响。未来，公司将 持续聚焦 Z 世代消费需求，深度挖掘全球优质热门 IP 资源，精准链 | | 接不同圈层受众偏好，同时不断拓展并优化食品供应链体系；在产品开 | | --- | --- | | | 发中，将进一 ...

格隆汇12月10日丨广博股份(002103.SZ)公布，公司于2015年8月29日披露了《关于全资子公司参股股权 投资合伙企业的公告》，公司全资子公司西藏山南灵云传媒有限公司（简称"灵云公司"）作为有限合伙 人参与设立股权投资基金。2015年11月，杭州致同投资合伙企业（有限合伙）（简称"致同基金"）正式 完成设立。2016年7月，致同基金完成了首期资金募集，并在中国证券投资基金业协会完成备案。灵云 公司初始出资金额为人民币3,000万元，持有该基金31.25%份额。 由于客观因素影响，合伙企业的合伙目的未能实现，出于为全体合伙人的利益考量，基于审慎使用资金 的原则，为了降低投资风险及管理成本，优化资源配置，保障投资者的利益，经全体合伙人一致同意解 散合伙企业并启动清算，且全体合伙人同意指定杭州至极投资管理有限公司作为清算组负责人。 ...

证券代码：002103 证券简称：广博股份 编号：2025-057 广博集团股份有限公司 关于子公司参股股权投资基金清算注销的公告 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，没有虚假记载、误导性陈述或重大遗漏。 一、基金的基本情况概述 （一）投资情况概述 广博集团股份有限公司（以下简称"广博股份"或"公司"）于 2015年8月29日披露了《关于全资子公司参股股权投资合伙企业的公 告》，公司全资子公司西藏山南灵云传媒有限公司（以下简称"灵云 公司"）作为有限合伙人参与设立股权投资基金。2015年11月，杭州 致同投资合伙企业（有限合伙）（以下简称"致同基金"）正式完成 设立。2016年7月，致同基金完成了首期资金募集，并在中国证券投 资基金业协会完成备案。灵云公司初始出资金额为人民币3,000万元， 持有该基金31.25%份额。 （二）致同基金的基本情况 6、成立日期：2015年11月7日 7、经营范围：实业投资；服务：投资管理，受托企业资产管理， 投资咨询（除证券、期货） 1 二、基金注销情况 由于客观因素影响，合伙企业的合伙目的未能实现，出于为全体 合伙人的利益考量，基于审慎使用资金的原则 ...

由于客观因素影响，合伙企业的合伙目的未能实现，出于为全体合伙人的利益考量，基于审慎使用资金 的原则，为了降低投资风险及管理成本，优化资源配置，保障投资者的利益，经全体合伙人一致同意解 散合伙企业并启动清算，且全体合伙人同意指定杭州至极投资管理有限公司作为清算组负责人。 格隆汇12月10日丨广博股份(002103.SZ)公布，公司于2015年8月29日披露了《关于全资子公司参股股权 投资合伙企业的公告》，公司全资子公司西藏山南灵云传媒有限公司（简称"灵云公司"）作为有限合伙 人参与设立股权投资基金。2015年11月，杭州致同投资合伙企业（有限合伙）（简称"致同基金"）正式 完成设立。2016年7月，致同基金完成了首期资金募集，并在中国证券投资基金业协会完成备案。灵云 公司初始出资金额为人民币3,000万元，持有该基金31.25%份额。 ...

*ST返利公告称，公司股票于2025年12月4日、5日、8日连续3个交易日内日收盘价格跌幅偏离值累计超 12%，属异常波动。经自查，公司生产经营未变，无应披露未披露重大信息。2025年前三季度，公司营 收3.15亿元，净利润-4478.05万元。此外，公司面临市场交易、退市警示、业绩波动等风险，股东昌九 集团减持计划仍在进行中。 ...

Investment Rating - The report maintains a "Recommendation" rating for the media industry, expecting the industry index to outperform the benchmark index by over 5% in the next 3-6 months [2][40]. Core Views - The media sector is anticipated to experience a rebound, particularly in gaming and AI applications, with significant growth potential in these areas. The report emphasizes the importance of both sharpness and allocation in the current market environment [3][6]. - The gaming market is highlighted as entering a favorable valuation zone, with specific companies like Giant Network and Century Huatong recommended for investment [6][16]. - The film market is recovering, with the total box office reaching approximately 437.06 billion yuan, which is about 78% of the 2019 level, indicating a strong recovery trajectory [19][20]. Market Performance Review - The media sector index fell by 3.86% last week, underperforming the CSI 300 index, which rose by 1.28%, resulting in a relative underperformance of 5.14% [9][10]. - The total market capitalization of the media sector is approximately 19,595.28 billion yuan, with a circulating market value of 17,850.96 billion yuan [3]. Gaming Market Insights - Tencent's products dominate the iOS gaming market, with titles like "Peace Elite" and "Love and Deep Space" performing strongly [16]. - Upcoming game releases include "Rust" and "PUBG: BLACK BUDGET," which are expected to generate significant interest [18]. Film Market Overview - The film "Zootopia 2" has achieved a box office of nearly 23 billion yuan within six days, with projections suggesting it could help the total annual box office exceed 500 billion yuan [27]. - The total box office for the year has reached 437.06 billion yuan, with a recovery rate of approximately 78% compared to 2019 [19][22]. Important News and Company Announcements - The establishment of the first micro-short drama export base in Shanghai marks a significant development in the media industry [27]. - Tencent's Magic Cube Studio celebrated its 15th anniversary, announcing major updates for several IP titles, indicating ongoing innovation in the gaming sector [28].

证券代码：002103 证券简称：广博股份 答：2025 年 11 月 28 日，广博文创潮玩首店在上海大悦城正式开业，作 为广博精心打造的"潮玩先锋"的全新概念空间，我们对功能场域进行 差异化改造，店内设置了 IP 首发区、活动区、盖章区等多个互动区域， 有效增强了现场的沉浸感与趣味性，开业期间邀请知名 COSER 与粉丝进 行近距离的互动，让粉丝们记录并留下美好瞬间。该家直营店铺的开设 标志着广博品牌在消费场景体验与品牌深度运营的重要升级。 2025 年 12 月还有相应快闪活动即将开启。公司在上海大悦城布局潮玩 首店并搭配快闪活动，既是公司从传统文具向文创潮玩转型的战略落地 举措，也能借助商圈年轻精准客群与快闪"限时限量"的特点，以轻量 化投入高效试水市场需求、收集消费者反馈，同时通过线下场景展示强 化品牌年轻化、潮流化属性，借助社交传播扩大公司潮玩业务知名度； 此举既完善了公司线上线下融合的全渠道生态，弥补线上消费体验短 板，又能与商圈实现双向赋能、丰富消费业态，为后续业务拓展积累经 验与口碑，对公司业务拓展、品牌建设及行业竞争力提升具有重要意义。 广博集团股份有限公司 投资者活动记录表 编号：202 ...

Core Insights - The article discusses the quality inspection results of student supplies in Suzhou, Jiangsu Province, highlighting the importance of product safety and compliance with national standards [3][5][7]. Group 1: Industry Overview - The student supplies market is a significant segment of the stationery industry, encompassing various products such as art supplies, writing instruments, and notebooks [3]. - China is the largest producer of stationery globally, accounting for over 60% of the trade volume, making it a crucial sector in the light industry [4]. - The stationery industry in China has developed rapidly over the past 40 years, forming distinct industrial clusters, particularly in Guangdong and Zhejiang provinces [4]. Group 2: Quality Inspection Findings - A total of 100 batches were inspected, with 4 batches found to be non-compliant, resulting in a non-compliance rate of 4% [7]. - The non-compliance issues included problems with the inner core weight, page count, brightness, and adhesive properties of notebooks, as well as the presence of phthalate plasticizers in accessible plastic parts [7][12]. - Specific issues identified included: - Two batches failed to meet the required paper weight standards, which could lead to damage during use [8]. - One batch had fewer pages than the standard requirement, increasing consumer costs due to frequent replacements [9]. - Two batches exhibited excessive fluorescence brightness, potentially causing eye discomfort for students [10]. - One batch did not meet the adhesive quality standards, affecting writing performance [11]. - One batch exceeded the allowable limits for phthalate plasticizers, which could pose health risks [12]. Group 3: Regulatory Framework - The inspections were conducted based on several national standards, including GB21027-2020 and GB40070-2021, which outline safety and health requirements for student supplies [5][6].

Core Points - Guangbo Co., Ltd. experienced a stock price increase of 5.08%, reaching 10.13 CNY per share, with a trading volume of 238 million CNY and a turnover rate of 6.31%, resulting in a total market capitalization of 5.412 billion CNY [1] Company Overview - Guangbo Co., Ltd. is located in Ningbo, Zhejiang Province, established on October 30, 1996, and listed on January 10, 2007. The company specializes in the production and sales of office stationery, printing products, plastic products, import and export trade, internet advertising services, and special discount guide services [1] - The revenue composition of Guangbo Co., Ltd. includes: Office Direct Sales 52.94%, Office Supplies 26.14%, Leisure Life Products 12.64%, Creative Products 5.44%, Other Products 1.99%, and Additional 0.85% [1] Shareholder Information - The top circulating shareholder of Guangbo Co., Ltd. includes a fund from Shenwan Hongyuan, specifically the Shenwan Hongyuan Consumption Growth Mixed A (310388), which entered the top ten circulating shareholders in the third quarter, holding 1.6914 million shares, accounting for 0.44% of circulating shares. The estimated floating profit today is approximately 828,800 CNY [2][4] - Shenwan Hongyuan Consumption Growth Mixed A (310388) was established on June 12, 2009, with a latest scale of 142 million CNY. Year-to-date returns are 18.14%, ranking 3757 out of 8209 in its category; the one-year return is 27.2%, ranking 1913 out of 8129; and since inception, the return is 194.11% [2] Fund Management - The fund manager of Shenwan Hongyuan Consumption Growth Mixed A (310388) is Liu Han, who has been in the position for 3 years and 282 days. The total asset scale of the fund is 599 million CNY, with the best fund return during the tenure being 39.9% and the worst being -10.88% [3]

Core Viewpoint - Guangbo Co., Ltd. has shown a mixed performance in stock price and financial metrics, with a slight increase in stock price year-to-date but a decline over the past 60 days, indicating potential volatility in investor sentiment [1][2]. Stock Performance - As of November 24, Guangbo's stock price increased by 2.49% to 9.88 CNY per share, with a total market capitalization of 5.279 billion CNY [1]. - Year-to-date, Guangbo's stock price has risen by 4.55%, with a 1.86% increase over the last five trading days and a 5.67% increase over the last 20 days, while it has decreased by 8.43% over the last 60 days [2]. Financial Metrics - For the period from January to September 2025, Guangbo reported a revenue of 1.839 billion CNY, reflecting a year-on-year growth of 4.59%, and a net profit attributable to shareholders of 125 million CNY, which is an 18.87% increase [3]. - The company has cumulatively distributed 309 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4]. Shareholder Information - As of September 30, 2025, Guangbo had 55,400 shareholders, a decrease of 9.36% from the previous period, with an average of 6,862 circulating shares per shareholder, which is an increase of 10.32% [3]. - Among the top ten circulating shareholders, a new shareholder, Shenwan Lixin Consumption Growth Mixed A, holds 1.6914 million shares, while Huashang Advantage Industry Mixed A has exited the top ten list [4]. Business Overview - Guangbo, established on October 30, 1996, and listed on January 10, 2007, operates in the production and sales of office stationery, printing products, plastic products, and internet advertising services, among others [2]. - The company's revenue composition includes 52.94% from direct office sales, 26.14% from office supplies, 12.64% from leisure products, 5.44% from creative products, and 1.99% from other products [2].