Core Viewpoint - Aofei Entertainment (002292) has announced a share buyback plan, which is expected to enhance shareholder value and support stock price stability [1] Group 1: Stock Performance - As of June 6, 2025, Aofei Entertainment's stock closed at 9.89 yuan, reflecting a 2.38% increase from the previous week's closing price of 9.66 yuan [1] - The stock reached a weekly high of 10.5 yuan on June 4 and a low of 9.52 yuan on June 3 [1] - The company's current total market capitalization is 14.624 billion yuan, ranking 4th out of 19 in the film and television sector and 1064th out of 5148 in the A-share market [1] Group 2: Share Buyback Announcement - Aofei Entertainment plans to repurchase shares within 12 months, with a total amount between 80 million yuan and 130 million yuan, at a price not exceeding 14 yuan per share [1] - The buyback will utilize self-funds or self-raised funds through centralized bidding, aimed at employee stock ownership plans or equity incentives [1] - The company has secured a loan of up to 110 million yuan from China Minsheng Bank, covering up to 90% of the buyback amount, with a loan term not exceeding 3 years [1] - As of May 31, 2025, the company has not yet initiated the buyback process and will proceed based on market conditions and fund availability [1]

证券代码：002292 证券简称：奥飞娱乐 公告编号：2025-031 奥飞娱乐股份有限公司 关于与专业投资机构共同投资的进展公告 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、与专业投资机构共同投资概述 基金名称：共青城植钰股权投资合伙企业（有限合伙） 管理人名称：北京方圆金鼎投资管理有限公司 托管人名称：上海浦东发展银行股份有限公司 奥飞娱乐股份有限公司（以下简称"公司"）于 2025 年 5 月 19 日召开的第六届董事会第 十八次会议审议通过了《关于拟与专业投资机构共同投资的议案》，同意公司全资子公司广东 奥飞动漫产业投资合伙企业（有限合伙）与专业投资机构北京方圆金鼎投资管理有限公司、深 圳前海绿松投资有限公司、宁芳儒、黄文彬共同投资共青城植钰股权投资合伙企业（有限合伙） （以下简称"基金"）。具体内容详见公司于 2025 年 5 月 21 日刊登在巨潮资讯网 （www.cninfo.com.cn）、《证券时报》、《中国证券报》、《证券日报》、《上海证券报》的《关于 与专业投资机构共同投资的公告》（公告编号：2025-028）。 二、本次共同投资 ...

证券代码：002292 证券简称：奥飞娱乐 公告编号：2025-030 奥飞娱乐股份有限公司 关于回购股份的进展公告 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、本次回购股份的基本情况 1、公司于 2025 年 2 月 17 日召开第六届董事会第十六次会议、第六届监事会第十四次会 议审议通过了《关于回购股份方案的议案》，同意公司使用自有资金和/或自筹资金以集中竞价 交易方式回购公司发行的 A 股社会公众股，回购的公司股份将用于股权激励和/或员工持股计 划。本次回购总金额为不低于人民币 8,000 万元(含)，不超过人民币 13,000 万元（含），回购 价格不超过 14 元/股（含），具体回购金额及回购数量以回购完成时实际使用的资金和回购的 股份数量为准，实施期限自董事会审议通过本次回购股份方案之日起 12 个月内。 具体内容详见公司于 2025 年 2 月 18 日、2 月 25 日刊登在巨潮资讯网（www.cninfo.com.cn）、 《证券时报》、《中国证券报》、《证券日报》、《上海证券报》的《关于回购股份方案的公告》（公 告编号：2025-0 ...

Core Insights - The article highlights the transformation of Aofei Entertainment from a small toy manufacturer to a major player in the IP and entertainment industry, aiming to build an "Eastern Disney" [2][8] - Guangdong province is recognized as a significant hub for toy production and cultural industries, contributing to 37% of China's toy exports in 2024, amounting to $14.811 billion [8][12] - The cultural and related industries in Guangdong have seen a 62% increase in value added from 2017 to 2023, with total revenue surpassing 2.2483 trillion yuan in 2023, accounting for 17.4% of the national total [10][12] Company Overview - Aofei Entertainment, originally a small toy factory, has evolved into an IP-centric entertainment powerhouse, leveraging a diverse portfolio of national-level IPs [4][6] - The company has achieved an average of over 500 patents annually in the past decade, showcasing its strong capabilities in the full industry chain monetization [6] - Aofei's international business now constitutes 40% of its operations, with nearly 120 cooperative agents in over 70 countries [8] Industry Context - Guangdong is home to the largest toy production and export base in China, with significant contributions from cities like Guangzhou and Dongguan, which produce a substantial portion of global gaming consoles and anime derivatives [8][10] - The province's cultural industries are not only thriving in manufacturing but are also integrating traditional culture with creative industries, enhancing innovation [10][14] - The article emphasizes the challenges faced by Aofei and the Guangdong cultural industry, including the need for IP rejuvenation and improving international brand recognition [14]

Group 1 - The company held its annual general meeting on May 27, 2025, with both on-site and online voting options available [1][2] - A total of 1,184 shareholders participated, representing 701,945,155 shares, which is 47.4704% of the total voting shares [2] - The meeting was presided over by the vice chairman, Mr. Cai Xiaodong, and was deemed legally compliant with relevant laws and regulations [2][8] Group 2 - The following proposals were approved during the meeting: - The 2024 Board of Directors' work report received 99.8881% approval [3] - The 2024 Supervisory Board's work report received 99.8867% approval [4] - The 2024 annual report and its summary received 99.8809% approval [5] - The 2024 financial settlement report received 99.8718% approval [6] - The profit distribution plan for 2024 received 99.8652% approval [6] - The proposal regarding unmade losses reaching one-third of the paid-in capital received 99.8617% approval [6] - The reappointment of the accounting firm was approved with 99.8673% [7] Group 3 - The legal opinion provided by the witnessing lawyers confirmed that the meeting's procedures and voting results were in compliance with applicable laws and regulations [8]

证券代码：002292 证券简称：奥飞娱乐 公告编号：2025-029 奥飞娱乐股份有限公司 2024 年度股东大会决议公告 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、重要内容提示 （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2025年5月27日9：15至15： 00的任意时间。 1、本次会议上无否决或修改议案的情况。 2、本次会议上没有新议案提交表决。 3、本次会议不涉及变更前次股东大会决议。 4、已对中小投资者的表决单独计票。 二、会议召开情况 （一）会议召开时间： 1、现场会议召开时间：2025年5月27日下午14:30； 2、网络投票时间： （1）通过深圳证券交易所交易系统进行网络投票的时间为：2025年5月27日9:15—9:25、 9:30—11:30和13:00-15:00； （二）会议召开地点：广东省广州市天河区珠江新城金穗路62号侨鑫国际金融中心37楼A 会议室； （三）会议召开方式：现场投票和网络投票相结合的方式； （四）会议召集人：公司董事会； （五）会议主持人：副董事长蔡晓东先生； （六）股权登记日：2025年5月 ...

上海市锦天城(北京)律师事务所 关于奥飞娱乐股份有限公司 2024 年度股东大会之 上海市锦天城(北京)律师事务所 关于奥飞娱乐股份有限公司 2024 年度股东大会之 法律意见书 致:奥飞娱乐股份有限公司 上海市锦天城(北京)律师事务所(以下简称"本所")接受奥飞娱乐股份 有限公司(以下简称"公司")委托,就公司召开2024年度股东大会(以下简称 "本次股东大会")的有关事宜,根据《中华人民共和国公司法》(以下简称《公 司法》)《上市公司股东大会规则》等法律、法规、规章和其他规范性文件以及 《奥飞娱乐股份有限公司章程》(以下简称《公司章程》)的有关规定,出具本 法律意见书。 法律意见书 锦 天 城 律 师事 务 所 ALLBRIGHT LAW OFFICES 北京市 东城区 东长安街1号 东方广场C1座6层(100738) 6/F,Office Tower C1,Oriental Plaza,No.1 East Chang An Avenue,Beijing 100738,PRC Fax: +86 10 8523 0699 www.allbrightlaw.com Tel: +86 10 8523 0688 ...

Core Viewpoint - The company is advancing its "IP + AI" strategy by collaborating with professional investment institutions to enhance its capabilities and resources in the AI sector [1][6]. Investment Partnership - The company’s wholly-owned subsidiary, Guangdong Aofei Animation Industry Investment Partnership, has signed a partnership agreement with Beijing Fangyuan Jinding Investment Management Co., Shenzhen Qianhai Lvsong Investment Co., and others, committing to invest 10 million yuan, which represents 45.25% of the total capital of the partnership [1][4]. Investment Focus - The partnership will focus on a single investment target, specifically equity investment in Shenzhen Xuanyuan Technology Co., which specializes in interactive robots and consumer-grade AI robots [4][5]. Financial Performance - In Q1 2025, the company reported revenue of 658 million yuan, a year-on-year increase of 1.1%, while the net profit attributable to shareholders decreased by 2.76% to 49.1 million yuan [7][8]. - For the year 2024, the company’s revenue was 2.715 billion yuan, a decrease of 0.86% compared to 2023, and it reported a net loss of 285 million yuan, a significant decline from a profit in the previous year [9][11]. Strategic Focus - The company emphasizes its core strategy of IP development, aiming to strengthen its content creation system and manage the entire lifecycle of its IPs, which include popular titles like "Super Wings" and "Pleasant Goat and Big Big Wolf" [11][12].

Core Viewpoint - Demand for AI toy products has significantly increased, prompting the company to advance its "IP+AI" strategy and industry application [2][7]. Group 1: Investment and Partnerships - The company announced a partnership with Beijing Fangyuan Jinding Investment Management Co., Shenzhen Qianhai Lvsong Investment Co., and others to invest RMB 10 million in the Qiongcheng Zhiyu Equity Investment Partnership, holding a 45.25% stake [2][4]. - The partnership will focus on directing investments towards Shenzhen Xuan Yuan Technology Co., which specializes in interactive robots and consumer-grade AI technology [4][6]. Group 2: Company Performance and Product Development - In 2024, the company reported revenues of RMB 2.715 billion, with a net loss of RMB 285 million, primarily due to impairment losses on goodwill and long-term investments [7]. - The company has launched AI smart toys, including iterations of the AI smart "Pleasant Goat," and plans to continue developing intelligent plush products that integrate emotional connections with AI technology [7]. Group 3: Market Position and Future Plans - The company has a portfolio of well-known IPs, including "Pleasant Goat and Big Big Wolf" and "Armor Warriors," which have been operational for over a decade, catering primarily to K12 users [6][7]. - Following recent funding, Xuan Yuan Technology aims to enhance its technology and expand into global markets, particularly in Europe and the U.S., while establishing localized service systems [6].

Investment Overview - The company has approved an investment of RMB 10 million in a partnership with professional investment institutions to advance its "IP+AI" strategy and industry application [1][5] - The investment will be made through its wholly-owned subsidiary, Guangdong Aofei Animation Industry Investment Partnership (Limited Partnership), which will hold a 45.25% stake in the partnership [1][5] Approval Process - The investment decision was made by the board of directors without the need for shareholder approval, as it does not constitute a major asset restructuring or related party transaction [2] Partner Information - The partnership includes Beijing Fangyuan Jinding Investment Management Co., Shenzhen Qianhai Lvsong Investment Co., and two individual investors, with no conflicts of interest reported among the partners [2][4] Partnership Structure - The total committed capital of the partnership is RMB 22.1 million, with Aofei contributing RMB 10 million [5] - The partnership aims to enhance capital appreciation through equity investments [5] Investment Purpose and Impact - The collaboration with external investment teams is intended to strengthen the company's capabilities in AI-related fields, ensuring high-quality investment projects and supporting the application of "IP+AI" [5][6] - The investment is made using the company's own funds, ensuring that it does not adversely affect the company's financial status or operational activities [6]