Financial Performance - The company's operating revenue for Q1 2023 was ¥5,194,400,022.86, representing a 10.22% increase compared to ¥4,712,902,565.97 in the same period last year[3] - Net profit attributable to shareholders was ¥596,691,741.08, a significant turnaround from a loss of ¥829,470,766.74, marking a 171.94% improvement[3] - Basic and diluted earnings per share were both ¥0.09, compared to a loss of ¥0.12 per share in the same period last year, reflecting a 175.00% increase[3] - The weighted average return on equity improved to 5.01% from -7.24% year-over-year, an increase of 12.25%[3] - Net profit for the current period was ¥593,862,961.43, a significant recovery from a net loss of ¥835,257,318.15 in the previous period[47] - The total comprehensive income for the current period was ¥575,240,291.84, recovering from a loss of ¥841,905,731.74 in the previous period[47] - Basic earnings per share increased to 0.09 from -0.12 in the previous period[48] Cash Flow - The net cash flow from operating activities increased by 80.19% to ¥408,967,987.07 from ¥226,964,855.06 in the previous year[3] - Cash inflow from operating activities totaled 6,970,867,744.07, up from 5,930,726,769.97 in the previous period, representing an increase of approximately 17.6%[48] - Cash outflow from operating activities was 6,561,899,757.00, compared to 5,703,761,914.91 in the previous period, indicating an increase of about 15%[48] - Cash inflow from investment activities was 1,545,659,966.49, significantly higher than 32,952,081.42 in the previous period[48] - Cash paid for investment activities decreased to 43,113,423.89 from 230,580,737.00, showing a reduction of about 81.3%[48] - Net cash flow from investing activities was negative at -¥73,895,968.01, an improvement from -¥272,336,105.35 in the previous period[37] - Net cash flow from financing activities was positive at ¥78,970,721.19, compared to a negative flow of -¥430,680,463.32 previously[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,113,774,009.29, up 3.48% from ¥19,437,333,570.52 at the end of the previous year[3] - Total liabilities rose to ¥7,873,133,096.40, compared to ¥7,779,053,909.92, indicating an increase of around 1.21%[29] - Current liabilities slightly decreased to ¥5,745,897,561.88 from ¥5,755,360,625.49, a decline of approximately 0.16%[29] - Shareholders' equity attributable to the parent company increased by 5.04% to ¥12,202,067,977.46 from ¥11,616,850,028.38[3] - Non-current assets totaled ¥9,319,516,423.42, an increase from ¥8,769,193,949.67, reflecting a growth of about 6.26%[29] - The company's total assets and equity increased to ¥20,113,774,009.29 and ¥12,240,640,912.89 respectively, compared to ¥19,437,333,570.52 and ¥11,658,279,660.60 in the previous period[45] Investment and Income - The company recognized a fair value change gain of ¥673,220,300.91, a 157.44% increase compared to a loss of ¥1,171,989,288.46 in the previous year[24] - Investment income surged by 483.23% to ¥39,381,512.80 from ¥6,752,332.10 year-over-year[24] - Research and development expenses rose to ¥38,710,359.05 from ¥35,350,492.43, indicating a focus on innovation and product development[45] - The company reported a foreign exchange gain of ¥27,513.63, contrasting with a loss in the previous period[47] - Other income decreased to ¥23,164,001.91 from ¥30,396,393.08, suggesting a need for strategic adjustments in revenue generation[45] Shareholder Information - The company reported a total of 210,094 common shareholders at the end of the reporting period[39] - The largest shareholder, Wang Xiangrong, holds 9.44% of shares, totaling 637,387,033 shares[39] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the call[43] - The company is currently evaluating potential mergers and acquisitions as part of its growth strategy[43]

AIGC Impact and Company Strategy - AIGC is currently enhancing productivity in the graphic and text product sectors, with broader prospects expected after AI multimodal breakthroughs [3] - The company has accumulated a large amount of copyrighted and approved image and short video materials, which will form an advantage for training and combination [3] - AI capabilities will become essential for marketing companies, influencing brand building and budget migration [3] - The company is developing "奇思妙想" (Wonderful Ideas), a product based on large language models, currently in the R&D and testing phase [3] - The company has built an AI platform within the group intranet, integrating large language models and developing native models using Diffusion's open-source base [3] - The company leverages designer works and case studies to train Diffusion models, generating content that aligns with designer requirements and brand tone [3] AI Development and Training - The company has transitioned its existing dozens of precision marketing technical R&D personnel to AI product development [4] - The company is cultivating designers and optimizers to become tuning specialists and has established interest groups to collaborate with developers [4] - The current training volume is at the million level, involving pre-training (large models) + small models (fine-tuning) [4] - The training process involves downloading Diffusion source code, building training sets, inputting images, and fine-tuning through tuning specialists to generate diverse small models [4] Future Outlook and Industry Changes - The internet industry is expected to undergo significant changes, potentially leading to the emergence of new traffic platforms [4] - The company's digital assets have an advantage in multimodal applications [4] - The company's training materials are designer-generated, client-approved, and copyrighted [4] - "奇思妙想" is the company's first AI-facing product, with future plans to use AI to enhance existing service capabilities and drive industry innovation [4]

证券代码：002131 证券简称：利欧股份 编号：2015-003 利欧集团股份有限公司投资者关系活动记录表 | --- | --- | --- | |------------------|------------------------------|----------------------------------------------| | | | | | 投资者关系活动类 | ■ 特定对象调研 | □ 分析师会议 | | 别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □ 一对一沟通 | | | □ 其他 | | | 参与单位名称及人 | 方正证券传媒行业分析师 | 王蒙 | | 员姓名 | 汇添富基金分析师助理 孙尔谦 | | | | 信诚基金投资分析师 单慧金 | | | | 银河基金研究员 祝建辉 | | | | 敦和资产基金经理 安昀 | | | | | 民生通惠资产管理有限公司投资副总监 肖艳华 | | | | 兴业基金管理有限责任公司投资经理 吴刚 | | | 国联安基金研究员 林渌 | | | | | 珩生资产管理（ ...

证券代码：002131 证券简称：利欧股份 利欧集团股份有限公司投资者关系活动记录表 006 编 号 ： 2015- | --- | --- | --- | |------------------|-------------------------------------|---------------------------------------------| | | | | | 投资者关系活动类 | ■ 特定对象调研 | □ 分析师会议 | | 别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □ 一对一沟通 | | | □ 其他 | | | 参与单位名称及人 | | 上海鸿逸投资管理有限公司投资经理 问储韬 | | 员姓名 | | 上海尚雅投资管理有限公司高级研究员 姜斌宇 | | | | 通海证券资产管理有限公司研究院 胡光宇 | | | 华宝投资有限公司高级投资经理 薛婷婷 | | | | 华创证券传媒与互联网分析师 傅一帆 | | | | | 上海益菁汇资产管理有限公司证券分析师 王一普 | | | | 富安达基金管理有限公司投 ...

证券代码：002131 证券简称：利欧股份 编号：2015-004 利欧集团股份有限公司投资者关系活动记录表 | --- | --- | --- | |------------------|---------------------------------|------------------------------------------| | | | | | 投资者关系活动类 | ■ 特定对象调研 | □ 分析师会议 | | 别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □ 一对一沟通 | | | □ 其他 | | | 参与单位名称及人 | 光大证券传媒互联网分析师 余李平 | | | 员姓名 | 国金证券研究员 鲍俊谷 | | | | 中国平安研究员 刘含 | | | | 华泰柏瑞基金研究员 姜捷 | | | | 尚雅投资 成佩剑 | | | | | 上海沃瓏港资产管理有限公司 唐铭延 宋正园 | | | | 上海国时资产管理有限公司 谢望钦 陈赢 | | | 博鸿投资 曾令波 张其羽 | | | | 玖石股权投资 周建胜 | | ...

证券代码：002131 证券简称：利欧股份 编号：2015-005 | --- | --- | --- | |------------------|-------------------------------------|---------------------------------------| | | | | | 投资者关系活动类 | ■ 特定对象调研 | □ 分析师会议 | | 别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □ 一对一沟通 | | | □ 其他 | | | 参与单位名称及人 | 兴业证券传媒互联网高级分析师 张衡 | | | 员姓名 | 兴业证券传媒互联网分析师 安一夫 | | | | 华夏基金机构投资部投资助理 王睿智 | | | | 华夏基金机构投资部研究员 张超 | | | | 中欧基金投资经理 柳士威 | | | | 上海从容投资管理有限公司 王琴 | | | | 中海基金投研中心基金经理 姚晨曦 | | | | 工行瑞信研究部助理研究员 夏雨 | | | | | 东方证券证券投资业务总部研究员 张开元 ...

证券代码：002131 证券简称：利欧股份 利欧集团股份有限公司投资者关系活动记录表 编 号 ： 2016- | --- | --- | --- | |------------------|---------------------------------|---------------------------------------| | | | | | 投资者关系活动类 | ■ | 特定对象调研 □分析师会议 | | 别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ | 现场参观 □一对一沟通 | | | □ 其他 | | | 参与单位名称及人 | 上海允程资产管理公司 吴鑫 | | | 员姓名 | | 上海名禹资产管理有限公司 鲍炜、刘宝军 | | | 上海银领资产管理有限公司 吕菡 | | | | 诺安基金管理有限公司 罗春蕾 | | | | | 华宝投资有限公司资产管理部 薛婷婷 | | | 国金证券股份有限公司 郑宏达 | | | | 上海启石资产管理有限公司 王永财 | | | | | 上海昶享资产管理有限公司 顾向荣 | | | | 祥鸣投资管 ...

Digital Marketing Business Development - The company has formed a complete business layout in the digital marketing sector since its transformation into internet business in 2014 [2] - The company has acquired several digital marketing companies and holds equity in about 10 companies through investments [2] - The company has strengthened its layout in vertical fields of the digital marketing industry chain since 2015 [2] Interactive Entertainment Layout - The company has invested in Century Kunpeng and Shengxia Starry Sky, and established two film companies outside the listed company [3] - The company has started paying attention to WeChat Mini Program traffic and began layout in this area in the second half of 2016 [3] Vertical Industry Layout - The company has invested in several projects including Yijia Interactive, Bicheng Network, and Yixiang Haoju [3] - The company has made some forward-looking investments using its own traffic resources, including cooperation with Ctrip and investment in Guangzhou Yuetu [3] M&A Funds - The company has participated in the establishment of three M&A funds: a 2 billion RMB internet marketing industry M&A fund, an 8 billion RMB overseas technology internet enterprise M&A fund, and a 1 billion RMB WeChat ecosystem M&A fund [3] Traffic Growth - The growth of long-tail traffic mainly comes from the mobile end, while PC end traffic remains relatively stable [3] Business Advantages - The company has advantages in both digital marketing and traffic integration businesses, which is rare in the industry [3] Client Expansion - The company's clients include many well-known domestic and international enterprises such as Yili, Hershey's, Siemens, Abbott, and BYD [3] Business Integration - The company has 6 wholly-owned and controlled digital marketing companies, which form the foundation of its digital marketing business [4] - The company has established Leo Digital Group to manage these 6 companies and has set up specialized teams for business coordination and integration [4] Interactive Entertainment Development - Century Kunpeng has produced some web dramas with good market response this year [5] - Yuanli Pictures and Xindong Yinghua, cultivated outside the listed company, are expected to release works next year [5] Content Marketing Market - The content placement market is relatively small but has few dominant enterprises [5] - With the rapid growth of the web drama market, Century Kunpeng is exploring the standardization of content placement business [5]

证券代码：002131 证券简称：利欧股份 利欧集团股份有限公司投资者关系活动记录表 编 号 ： 2017- 001 | --- | --- | --- | |------------------|-------------------------|-----------------------------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | 别 | □ | 现场参观 □一对一沟通 | | | □ 其他 | | | | 1 | 、平安信托有限责任公司 韩晓 | | | | 2、广发证券股份有限公司 旷实、沈明辉 | | | 3 | 、中兵广发投资基金管理有限公司 张群 | | | 4 | 、光大证券资产管理有限公司 王 杭 | | | 5 6 | 、兴证证券资产管理有限公司 张凯帆 、方正证券股份有限公司 王蒙、储莎莎 | | 参与单位名称及人 | 7 、兴全基金 薛怡然 | | | | ...