利欧集团股份有限公司 关于诉讼事项的公告 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。 利欧集团股份有限公司 证券代码：002131 证券简称：利欧股份 公告编号：2025-074 三、其他尚未披露的诉讼、仲裁事项 截止本公告披露日，公司及公司全资、控股子公司不存在其他应披露而未披露 的诉讼、仲裁事项。 一、诉讼事项的基本情况 （一）公司提起的境外诉讼 2022 年 2 月 23 日起，因项目投资过程中产生的争议，公司在境外法院对 TBCA 基金、TBCA GP，以及 TBCA 管理人（以下统称"TBCA"）提起诉讼。2025 年 6 月 30 日，该境外法院作出一审判决（Post Trial Opinion），做出了一系列对公司有 利的事实认定。其后，双方均就一审判决向上级法院提起上诉。 截止本公告之日，案件仍在审理过程中。上述公司提起的境外诉讼事项未达到 信息披露标准。 （二）对公司提起的境外诉讼 与上述诉讼相关联，TBCA 基金和 TBCA GP 于 2024 年 8 月向另一个管辖法院 发起了针对公司的诉讼。近期，TBCA 基金和 TBCA GP 提 ...

Core Viewpoint - The company announced a plan to reduce its repurchased shares by up to 135 million shares, which represents no more than 2% of the total share capital, through centralized bidding starting from 15 trading days after the announcement [1] Group 1 - The reduction period for the repurchased shares is set to be within six months from the announcement of the reduction plan [1] - As of November 30, 2025, the company has not yet reduced any of the repurchased shares [1] - The implementation of this reduction plan carries uncertain risks, and the company will decide based on market conditions whether to proceed with the plan [1]

Market Performance - The Xiaohongshu concept sector declined by 1.62%, ranking among the top losers in the concept sector [1] - Major stocks within the sector that experienced significant declines include BlueFocus Media (-3.11%), Yaowang Technology (-8.29%), and Xinhua Dou (-1.85%) [2][3] - Conversely, stocks that saw gains include Huicheng Technology (+4.36%), Lianjian Optoelectronics (+4.12%), and Yili Media (+3.22%) [1][3] Capital Flow - The Xiaohongshu concept sector experienced a net outflow of 2.469 billion yuan, with 42 stocks seeing net outflows and 7 stocks exceeding 100 million yuan in outflows [1] - The largest net outflow was from BlueFocus Media, totaling 733.2 million yuan, followed by Yaowang Technology with 448.5 million yuan [1] - Stocks with notable net inflows included Yili Media (145.46 million yuan), Jiayun Technology (53.776 million yuan), and Lianjian Optoelectronics (33.7456 million yuan) [1][3]

Core Insights - The Chinese media industry has experienced rapid growth over the past 20 years, but growth rates have slowed down due to the saturation of internet user demographics and the decline in traditional media advertising revenues [2] - In 2019, the growth rate of the media industry fell below 10% for the first time, primarily due to the impact of US-China trade tensions and overall economic downturn, with total output value reaching 22,625.4 billion yuan and a growth rate of 7.95% [2] - The media industry faced rare negative growth in 2022, attributed to macroeconomic pressures, ongoing pandemic impacts, and regulatory changes in sectors like online gaming [2] - In 2023, the media industry began to recover, with total output value reaching 31,518.23 billion yuan, marking an 8.38% year-on-year increase, driven by offline consumption recovery and new technological concepts [2] - The media industry's total output value is projected to reach approximately 34,157.9 billion yuan in 2024, indicating a positive growth trajectory [2] Industry Overview - The media industry encompasses various forms of information dissemination, categorized into four types of media [4] - The evolution of the media industry has been marked by significant changes in technology, transitioning from traditional media to new media platforms [6] Industry Policies - Recent policies have focused on the transformation and development of the media industry, emphasizing talent integration between traditional and new media [8] - The government has introduced measures to enhance cultural originality and support various creative sectors, including literature, arts, and digital media [8][9] Industry Value Chain - The media industry value chain consists of upstream content creation, midstream operations and distribution, and downstream end-users, with midstream players holding significant market power [10] Online Literature Market - The online literature sector has grown significantly, with market size increasing from 20.17 billion yuan in 2019 to a projected 41.99 billion yuan in 2024, reflecting a compound annual growth rate of 15.79% [12]

Group 1 - The top 20 stocks with significant capital inflow as of November 24 include BlueFocus (1.143 billion yuan), DataPort (806 million yuan), and 360 (794 million yuan) [1] - Other notable stocks in the top 20 by capital inflow are Provincial Advertising Group (587 million yuan), China Shipbuilding (440 million yuan), and Zhangjiang Hi-Tech (403 million yuan) [1] - Additional companies with substantial inflows include Changxin Bochuang (357 million yuan), China Shipbuilding Defense (347 million yuan), and Leike Defense (317 million yuan) [1] Group 2 - The list also features Huajian Group (286 million yuan), Aerospace Development (269 million yuan), and ZTE Corporation (259 million yuan) [1] - Other companies in the top 20 include GAC Group (253 million yuan), Changying Precision (253 million yuan), and Great Wall Military Industry (248 million yuan) [1] - The final entries in the top 20 are Zhongfu Circuit (248 million yuan), Leo Group (243 million yuan), Kunlun Wanwei (240 million yuan), Midea Group (233 million yuan), and Nanwei Software (223 million yuan) [1]

今日涨跌幅居前的概念板块 快手概念资金流入榜 | 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 300058 | 蓝色光 标 | 15.72 | 37.21 | 134460.92 | 10.10 | | 002400 | 省广集 团 | 10.06 | 26.48 | 77185.90 | 18.17 | | 002131 | 利欧股 份 | 4.76 | 10.78 | 24263.67 | 7.42 | | 300785 | 值得买 | 9.05 | 42.72 | 12534.99 | 5.21 | | 300364 | 中文在 线 | 3.89 | 17.46 | 11067.45 | 3.47 | | 002354 | 天娱数 科 | 6.18 | 10.29 | 10646.14 | 9.20 | | 002712 | 思美传 媒 | 9.17 | 17.88 | 7569.00 | 12.39 | | 30 ...

| 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 300058 | 蓝色光 标 | 15.72 | 37.21 | 134460.92 | 10.10 | | 002400 | 省广集 团 | 10.06 | 26.48 | 77185.90 | 18.17 | | 002131 | 利欧股 份 | 4.76 | 10.78 | 24263.67 | 7.42 | | 688365 | 光云科 技 | 20.00 | 15.54 | 22031.30 | 18.18 | | 002354 | 天娱数 科 | 6.18 | 10.29 | 10646.14 | 9.20 | | 002712 | 思美传 媒 | 9.17 | 17.88 | 7569.00 | 12.39 | | 300781 | 因赛集 | 4.94 | 20.18 | 7341.19 | 7.20 | | --- | --- | --- | --- | ...

Group 1 - The core viewpoint highlights a significant rise in the Zhongzheng Media Index (399971) by 4.00%, with notable increases in constituent stocks such as BlueFocus (300058) up by 20.02% and Yidian Tianxia (301171) up by 12.33% [1] - Alibaba's AI assistant Qianwen App has surpassed 10 million downloads within a week of its public testing, becoming the fastest-growing AI application, outpacing ChatGPT and others [1] - Google's new image generation model, Nano Banana Pro, is built on the Gemini 3 Pro architecture, claiming unprecedented control and enhanced world knowledge to transform user concepts into studio-quality designs [1] Group 2 - Huayuan Securities notes that the significant improvement in text-to-image capabilities is expected to accelerate the elevation of IP content, with AI comic production emerging as a new paradigm in content creation [2] - The AI comic production model enhances efficiency and reduces costs compared to traditional 2D comic production, with ongoing integration of technological capabilities and industrial production chains [2] - The growth in AI comic releases is fundamentally driven by increased token consumption, with platforms like Douyin and Kuaishou willing to support traffic for these productions [2] Group 3 - As of October 31, 2025, the top ten weighted stocks in the Zhongzheng Media Index include companies like Focus Media (002027) and Giant Network (002558), collectively accounting for 50.51% of the index [3]

Group 1 - Media concept stocks showed strong performance in the afternoon, with Kunlun Wanwei rising over 8%, Leo Group up over 6%, Shenzhou Taiyue increasing over 5%, and Giant Network gaining over 4% [1] - The Media ETF rose over 4% as a result of market trends [1] Group 2 - Some brokerages indicate that in the medium to long term, the media industry's prosperity is expected to recover due to gradual restoration of content supply, deepening AI technology empowerment, policy support, and expectations of consumer recovery [2] - Companies in the film and television, gaming, and advertising sectors that show strong performance are recommended for attention, along with those involved in digital assets and AIGC-related technologies [2]

Core Insights - The article discusses the challenges faced by businesses in selecting comprehensive promotion service providers in a fragmented and rapidly evolving digital marketing landscape [1][2] - The release of the evaluation list by Hangzhou Pinsu Gongying Technology Co., Ltd. aims to provide authoritative guidance for companies navigating the complexities of content brand promotion [1][2] Group 1: Industry Challenges and Trends - The content brand promotion industry has shifted from being a supplementary marketing tool to a core competitive advantage for businesses [1] - Since 2025, frequent policy adjustments by platforms like Douyin and TikTok, along with the integration of AIGC technology, have introduced new characteristics such as compliance, technology, and holistic approaches [1][3] - Issues like fragmented traffic, escalating compliance risks, and chaotic effectiveness assessments have become more pronounced, increasing the demand for authoritative industry guidance [1][2] Group 2: Value of the Evaluation List - The evaluation list serves as a "reference framework" for businesses in selecting service providers, analyzing top companies across four dimensions: content capability, technical strength, compliance assurance, and data capability [2] - It encourages the establishment of a "healthy competitive ecosystem" by highlighting integrity models and successful case studies, thus promoting a merit-based industry standard [2][3] - The list also provides a "clear roadmap" for industry development, predicting future trends based on current data and insights [3] Group 3: Insights from Top Companies - Pinsu Gongying emphasizes the importance of "precise empathy" in adapting to various industry needs, showcasing its unique three-tier qualification system [4] - BlueFocus's dual moat of "technology + compliance" is highlighted as essential for global promotion, demonstrating the significance of a robust compliance team [5] - Liou's unique model combines "industry + digital marketing," providing comprehensive support for manufacturing enterprises [6] - Edelman's focus on "brand reputation" as a promotional asset illustrates the importance of long-term value over short-term conversions in high-trust industries [7] - Sixlingwu Culture's approach to engaging Gen Z through innovative content and social interaction emphasizes the need for brands to connect with younger consumers [8] Group 4: Future Directions in Promotion - The integration of technology is identified as the "core growth engine" for the industry, with AIGC evolving from content generation to full-process empowerment [9] - Big data is expected to break down "traffic fragmentation" barriers, enabling unified user profiling across platforms [10] - Blockchain technology will enhance data security and transparency, addressing long-standing issues of data ownership and integrity [11] - AI compliance tools will become essential for service providers to navigate increasingly complex regulatory environments [11] Conclusion - The evaluation list not only reflects current industry pain points and opportunities but also sets a direction for future development, emphasizing the shift from "traffic acquisition" to "value creation" in promotion strategies [12]