Group 1 - The company's operating revenue for the first half of 2025 is 591 million yuan, representing a year-on-year decrease of 8.63% [1] - The net loss attributable to shareholders of the listed company is 27.149 million yuan, compared to a net profit of 10.7704 million yuan in the same period last year [1]

深圳市天威视讯股份有限公司 2025 年半年度报告全文 深圳市天威视讯股份有限公司 2025 年半年度报告 2025-034 【2025 年 8 月】 所有董事均已出席了审议本次半年报的董事会会议。 1、经营压力持续加剧 公司处于转型发展的关键时期，生产效益面临着结构性减速的压力，近年 来公司在网络升级改造、新型基础设施建设、宽带和 5G 业务等方面进行储备， 也带来了成本压力，整体经营业绩高度承压。此外，在政企项目拓展方面， 公司在数智化、集成化能力方面缺少核心技术和产品，项目利润率偏低，导 致整体效益欠佳。 应对措施：借助全光网络覆盖资源优势，全力拓展新业务市场，重点聚焦 垂直市场，深耕金融、科技、物流、文化传媒等重点领域，挖掘潜在商机， 推动业务合作。同时，在公司资质方面加大投入力度，补足资质短板，提高 公司核心竞争力。 2、传统业务用户持续流失 受互联网技术冲击及市场竞争加剧等因素影响，公司数字电视、宽带业务 增长压力不断增大。有线电视业务方面，数字电视收视需求持续萎缩，用户 1 深圳市天威视讯股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级 ...

Core Viewpoint - The company, Tianwei Vision, is primarily engaged in the construction, operation, and maintenance of cable television networks in Shenzhen, along with the operation of broadcasting 5G services, providing cable television, broadband, and mobile communication services, while also expanding into diversified businesses such as data centers and commercial services [1] Group 1 - The company has integrated AI large model technology into its existing business, launching innovative services such as TV AI voice digital humans, TV voice assistants, and intelligent customer service [1] - The application of artificial intelligence tools is mainly aimed at optimizing the interaction experience for cable digital TV users and enhancing customer service efficiency [1] - These AI innovations are tools for business expansion and increasing user stickiness, but they do not directly generate business revenue for the company [1]

Group 1 - The company primarily focuses on cable television network construction, operation, and maintenance in Shenzhen, along with broadcasting 5G business operations [2] - The company offers services such as cable television, cable broadband, and mobile communication, while also expanding into diversified businesses like data centers and commercial services [2] - The company has integrated AI large model technology into its existing services, launching innovative offerings like TV AI voice digital humans, TV voice assistants, and intelligent customer service [2] Group 2 - The AI tools applied by the company are mainly aimed at optimizing the interactive experience for cable digital television users and enhancing customer service efficiency [2] - These AI innovations are intended to help the company expand its business and increase user stickiness, but they are not expected to generate direct business revenue [2]

Group 1 - The company primarily focuses on the construction, operation, and maintenance of cable television networks in Shenzhen, as well as the operation of broadcasting 5G services, providing cable television, cable broadband, and mobile communication services [2] - The company is expanding into diversified businesses such as data centers and commercial services [2] - The company holds a 26.17% stake in a subsidiary, China Broadcasting Media Co., Ltd., which is involved in the production of micro-short dramas [2]

Core Viewpoint - The company, Tianwei Vision (002238.SZ), is primarily engaged in the construction, operation, and maintenance of cable television networks in Shenzhen, as well as the operation of broadcasting 5G services, providing cable television, cable broadband, and mobile communication services [1] Group 1 - The company is expanding its diversified business into data centers and commercial services [1] - The company holds a 26.17% stake in a subsidiary, China Broadcasting Media Co., Ltd., which is involved in the production of micro-short dramas [1]

Group 1 - The company's data center business primarily includes cabinet hosting, server leasing, network resource leasing, and providing customized solutions for clients [2]

Market Overview - The Shanghai Composite Index closed at 3740.50 points, above the six-month moving average, with an increase of 1.18% [1] - The total trading volume of A-shares reached 17,467.28 million yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 187 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Jingsai Technology (27.02%) - Haidaer (25.37%) - Huazhi Shumedia (16.28%) [1] Stocks with Smaller Deviation Rates - Stocks that have just crossed the six-month moving average with smaller deviation rates include: - Tianfang Biao - Anning Co. - Tianwei Foods [1] Performance of Selected Stocks - Jingsai Technology: Today's increase of 29.98%, turnover rate of 23.53%, six-month average price of 36.65 yuan, latest price of 46.56 yuan [1] - Haidaer: Today's increase of 30.00%, turnover rate of 24.95%, six-month average price of 47.67 yuan, latest price of 59.76 yuan [1] - Huazhi Shumedia: Today's increase of 20.02%, turnover rate of 8.50%, six-month average price of 9.95 yuan, latest price of 11.57 yuan [1]

Group 1 - The major shareholder of the company is Shenzhen Broadcasting Film and Television Group, which is initiated by the Publicity Department of the Shenzhen Municipal Committee of the Communist Party of China [2] - Shenzhen Broadcasting Film and Television Group has a registered capital of 326,733 million yuan and operates in various sectors including film and television services, new media, advertising, cable networks, digital technology, cultural tourism performances, cultural exhibitions, cultural data, and cultural parks [2] - The company collaborates with its major shareholder in areas such as program transmission, content production, integrated media platform operation, property leasing, and property management [2]

Group 1 - The television broadcasting sector increased by 2.04% on the trading day, with Hubei Broadcasting leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] - Hubei Broadcasting's stock price rose by 10.09% to 6.22, with a trading volume of 1.39 million shares and a transaction value of 830 million yuan [1] Group 2 - The net inflow of main funds in the television broadcasting sector was 219 million yuan, while retail funds experienced a net outflow of 18.14 million yuan [1] - Hubei Broadcasting had a main fund net inflow of 236 million yuan, accounting for 28.49% of its total trading volume, while retail funds saw a net outflow of 132 million yuan [2] - Other notable stocks included Gehua Cable, which had a main fund net inflow of 29.12 million yuan, and Dongfang Mingzhu, with a net inflow of 24.85 million yuan [2]