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：2015-001 | --- | --- | --- | |------------------|-------------------------------|--------------------------------| | | | | | 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 | 国海证券传媒行业分析师 | 陶斯然 | | 员姓名 | 日信证券投资经理 侯世霞 | | | | 东吴证券传媒行业分析师 沈彦杰 | | | | 浙商证券分析师 黄薇 | | | | 深圳民森投资分析师 王道京 | | | | 银华基金投资经理 姚荻帆 | | | | 广发基金分析师 马 | | | | 前海开源基金分析师 王园 | | | 时间 | 2015 年 1 月 27 日 | | | 地点 | 上海漫酷广告有限公司办公室 | | | 上市公司接待人 ...

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 | | | | ...

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- 002 | --- | --- | --- | |-------------------------|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 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 员姓名 | | 国泰君安互联网传媒分析师苗瑜、吴春旸 | | 时间 | 2016 年 11 月 10 | 日 | | 地 ...

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- 002 | --- | --- | --- | |------------------|--------------------------|----------------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ □ 新闻发布会 □路演活动 | 媒体采访 □业绩说明会 | | 别 | □ □ 其他 | 现场参观 □一对一沟通 | | | 1 、广发证券 沈明辉 | | | | 2 | 、新时代证券 贾明乐 | | 参与单位名称及人 | 3、方正证券 李舒婕 | | | | 4、上投摩根 王 浩 | | | 员姓名 | 5、富国基金 李元博 | | | | 6、中融信托 王 越 | | | | | 7、海通创新证券投资有限公司 房 煜 | | 时间 | 2017 年 9 月 1 | 日 | | | | | | | | | | 地点 | 上海市普陀区泸定路 | 27 ...

Financial Performance - In the first half of 2017, the company achieved operating revenue of 457,824.95 million yuan, a year-on-year increase of 49.38% [1] - The net profit attributable to shareholders was 31,901.66 million yuan, representing a year-on-year growth of 16.90% [1] - The internet segment saw a revenue increase of 66.26%, while the manufacturing segment grew by 11.20% [1] Revenue Breakdown - For the first half of 2017, internet business accounted for 77.09% of total revenue, while manufacturing business made up 22.91% [2] - The top three contributors to internet marketing revenue were Shanghai Manku (1,093,254,741.99 yuan), Wansheng Weiye (1,091,759,743.87 yuan), and Micro Innovation (890,006,811.60 yuan), collectively representing 87.13% of the internet segment's revenue [2] Cash Flow Insights - The net cash flow from operating activities was negative, primarily due to rapid growth in the digital segment and extended settlement periods for high-quality clients, leading to longer accounts receivable cycles [1][3] - There was significant improvement in net cash flow from investment activities compared to the previous year [1] Industry Context - The digital marketing industry has high barriers to entry, requiring strong capabilities in technology, talent, experience, capital scale, and industry reputation [2] - The industry has seen increased concentration due to rapid mergers and acquisitions driven by substantial capital influx [2] Q&A Highlights - The company noted that the performance of acquired subsidiaries post-earnings guarantee period is expected to show continued growth in digital marketing revenue [3] - There are notable differences in programmatic buying technology between domestic and international markets due to varying media environments [3]