| 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2026-017 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | 上海姚记科技股份有限公司 关于 2026 年第一季度可转换公司债券转股情况公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、证券代码：002605，证券简称：姚记科技 2、债券代码：127104，债券简称：姚记转债 （一）可转换公司债券发行情况 经中国证券监督管理委员会《关于同意上海姚记科技股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可[2023]1120号）同意 注册，公司于2024年1月25日向不特定对象发行可转换公司债券5,831,273张， 每张面值为人民币100元，共募集资金人民币58,312.73万元。 （二）可转换公司债券上市情况 3、转股价格：20.06元/股 4、转股期限：2024年7月31日至2030年1月24日（如遇法定节假日或休 息日延至其后的第1个工作日） 5、转股股份来源：新增股份 根据《深圳证券交易所股票上 ...

| 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2026-015 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | 上海姚记科技股份有限公司 关于孙公司为子公司提供担保的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保事项概述 （一）基本情况 本次担保事项不构成关联交易，不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。本次担保事项涉及的主体均为公司合并报表范围内的法人 主体，该事项已经履行相关主体的内部决策程序。根据《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范 运作》等相关规定，本事项无需提交公司董事会及股东会审议。 二、被担保人基本情况 被担保方名称：上海芦鸣网络科技有限公司 成立日期：2017-12-15 注册地点：上海市嘉定区银翔路 655 号 1 幢 1 层 J318 室 法定代表人：郑隆腾 注册资本：13,691,100 元人民币 主营业务：一般项目：技术服务、技术开发、技术咨询、技术交流、技术转 让 ...

上海市通力律师事务所 关于上海姚记科技股份有限公司 2026 年第一次临时股东会的法律意见书 致: 上海姚记科技股份有限公司 上海市通力律师事务所(以下简称"本所")接受上海姚记科技股份有限公司(以下简称 "公司")的委托, 指派本所张雪林律师、徐安昌律师(以下简称"本所律师")根据《中华人 民共和国公司法》《中华人民共和国证券法》《上市公司股东会规则》等法律法规和规范性 文件(以下统称"法律法规")及《上海姚记科技股份有限公司章程》(以下简称"公司章程") 的规定就公司 2026 年第一次临时股东会(以下简称"本次股东会")相关事宜出具法律意见。 本所律师已经对公司提供的与本次股东会有关的法律文件及其他文件、资料予以了核查、 验证。在进行核查验证过程中, 公司已向本所保证, 公司提供予本所之文件中的所有签署、 盖章及印章都是真实的, 所有作为正本提交给本所的文件都是真实、准确、完整和有效的, 且文件材料为副本或复印件的, 其与原件一致和相符。 在本法律意见书中, 本所仅对本次股东会召集和召开的程序、出席本次股东会人员资格 和召集人资格及表决程序、表决结果是否符合法律法规和公司章程的规定发表意见, 并不对 本 ...

2026年第一次临时股东会决议公告 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。 特别提示 1、本次股东会未出现否决议案的情形； 2、本次股东会未涉及变更前次股东会决议。 一、会议召开和出席情况 1、会议召开情况 | 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2026-016 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | 上海姚记科技股份有限公司 3）会议方式：本次股东会采取现场投票和网络投票相结合的方式 4）会议召集人：公司董事会 5）会议主持人：董事卢聪女士 6）本次股东会会议的召集、召开与表决程序符合《公司法》《上市公司股东 会规则》《深圳证券交易所股票上市规则》及《公司章程》等法律、法规及规范 性文件的规定。 2、会议出席情况 参加本次股东会的股东及股东代表 514 名，代表有表决权股份 107,802,996 股，占公司有表决权股份总数的 25.810870%，其中：参加现场会议的股东及代 表 3 名，代表有表决权股份 104,572,004 股，占公司有表决权股份总数的 ...

Investment Rating - The report maintains a "Buy" rating for the media industry, highlighting potential growth opportunities driven by AI advancements and market adjustments [10]. Core Insights - The media industry is experiencing a transformative phase with the rise of AI-driven applications, particularly in digital marketing and content creation. The adjustment of commission rates by major platforms like Apple is expected to enhance the survival environment for innovative companies [4][16]. - The report emphasizes the importance of AI in reshaping content production, media forms, and interaction modes, indicating a shift from generative AI to agentic AI, which is expected to create significant economic value [17][18]. Industry Overview - The media sector has shown varied performance, with the Shanghai Composite Index and Shenzhen Component Index experiencing slight fluctuations. The media sub-sectors have seen significant movements, with notable gains in companies like Zhongnan Culture and China Science Publishing [15]. - The report discusses the impact of geopolitical pressures on market sentiment, suggesting that despite challenges, the upward trend in AI-driven application scenarios remains intact [4]. Key Recommendations - Specific stocks recommended for investment include: - Shunwang Technology (300113) for its positioning in consumer-grade graphics cards [5] - Yaoji Technology (002605) for its transition from traditional card games to digital marketing [5] - Perfect World (002624) for its upcoming game releases [5] - Wanda Film (002739) for its ongoing film projects and AI-enabled content development [5] - Mango Super Media (300413) for its innovative content strategies [5]. Market Dynamics - The report notes that the adjustment of commission rates by Apple, effective March 15, 2026, will lower the standard commission from 30% to 25%, benefiting smaller developers and enhancing competition in the market [16]. - The gaming sector is highlighted for its dual approach in overseas markets, with both casual and mid-core games showing strong revenue growth through strategic content updates and seasonal events [24]. Company Performance and Forecasts - The report provides detailed earnings forecasts for various companies, indicating a positive outlook for many within the media sector, with expected EPS growth across several firms [10]. - Companies like Bilibili (9626.HK) and Tencent (0700.HK) are noted for their strong content IP and community engagement, positioning them well for continued growth in the AI era [8].

Investment Rating - The report maintains a "Positive" investment rating for the gaming industry [6]. Core Insights - Google has announced a reduction in developer fees on Google Play, lowering the standard service fee for in-app purchases (IAP) from 30% to 20% and subscription fees from 30% to 10%. This change also includes the opening of third-party payment systems and app stores, optimizing channel costs in the gaming industry [8][3]. - The Game Developers Conference (GDC) 2026 is set to take place from March 9 to March 13 in San Francisco, focusing on advancements in AI and other industry catalysts. The conference serves as a significant platform for observing industry changes and trends [8][3]. - The report highlights the potential long-term empowerment of the gaming industry through AI, with a strong product cycle and performance certainty expected in 2026. It suggests continued attention to investment opportunities within the gaming sector [8][3]. Summary by Sections Event Description - Google has recently announced a reduction in developer fees and the opening of third-party payment options, with GDC 2026 scheduled for March 9 [3]. Event Commentary - The reduction in fees is expected to significantly lower channel costs, enhancing profit margins for mid-to-heavy games reliant on in-app purchases. This shift indicates a transfer of pricing power from channels to developers, potentially reshaping the Android distribution landscape [8]. - GDC 2026 will cover various core aspects of game development, including AI applications, independent game development, and marketing strategies, making it a crucial event for industry stakeholders [8]. - Upcoming new game releases are anticipated to drive positive developments in the sector, with several titles scheduled for launch in March and April 2026 [8].

Investment Rating - The report maintains a "Buy" rating for the media industry, indicating a positive outlook for investment opportunities in this sector [1]. Core Insights - The media sector is positioned to benefit from the dual attributes of technology application and domestic demand, particularly in the context of the government's economic development goals for 2026, which aim for a growth rate of 4.5% to 5% [3][14]. - The transition to Web4.0 is expected to enhance the media landscape through AI empowerment, leading to new applications and content production paradigms [3][15]. - The report highlights the emergence of new consumption patterns, such as the "reward economy" and "accompaniment economy," which are anticipated to drive demand for media products and services [19][20]. Summary by Sections 1. Industry Review - The media industry has shown varied performance, with the internet marketing index experiencing significant declines while other sectors like vocational education have fared better [13]. - The report notes a substantial increase in the popularity of female-oriented AI dramas, which have become a key growth area within the industry [31][32]. 2. Industry Dynamics - The gaming sector continues to thrive, with major players like Tencent and NetEase leading in revenue generation, particularly during festive periods [27]. - E-commerce platforms are innovating with AI technologies, enhancing user engagement and operational efficiency [29][30]. - The report emphasizes the growing importance of AI in content creation, particularly in the realm of female-centric narratives, which are gaining traction in the market [31][32]. 3. Recommended Stocks - The report identifies several stocks to watch, including: - Shunwang Technology (300113) benefiting from Web4.0 applications - Mango Super Media (300413) focusing on AI-driven content - Wanda Film (002739) expected to recover post-holiday adjustments [4][8]. 4. Profit Forecasts - The report provides earnings per share (EPS) and price-to-earnings (PE) ratios for various companies, indicating a generally optimistic outlook for the media sector [8].

中信建投证券股份有限公司 关于上海姚记科技股份有限公司 使用部分闲置募集资金和自有资金进行现金管理的 核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐人"）作为上 海姚记科技股份有限公司（以下简称"姚记科技"、"公司"）向不特定对象发行可 转换公司债券的保荐人，根据《证券发行上市保荐业务管理办法》《上市公司募 集资金监管规则》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自 律监管指引第 1 号——主板上市公司规范运作》等有关规定，对公司拟使用部分 闲置募集资金和自有资金进行现金管理事项进行了审慎核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意上海姚记科技股份有限公司向不特定 对象发行可转换公司债券注册的批复》（证监许可[2023] 1120 号）文同意注册， 公司向不特定对象发行人民币可转换公司债券 5,831,273 张，每张面值为人民币 100.00 元，按面值发行，共募集资金人民币 583,127,300.00 元，扣除本次与发行 有关的费用人民币 8,472,830.19 元，募集资金净额为人民币 574,654,469.81 元。 上述募集 ...

| 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2026-012 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | 上海姚记科技股份有限公司 关于为全资子公司及其下属子公司提供担保的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 鉴于芦鸣网络及其下属子公司圣达际、恰尔网络和芦剧网络与北京巨量引擎 信息技术有限公司（以下简称"巨量引擎"）、重庆懂车族科技有限公司（以下 简称"懂车族"）和武汉星图新视界科技有限公司（以下简称"新视界"）分别 签署了《巨量营销代理商商务合作协议》、《巨量本地推代理商商务合作协议》、 《电商营销服务商商务合作协议》和《巨量星图平台代理商合作协议》。公司为 支持子公司的发展经营，拟为上述子公司的业务提供不可撤销的连带责任保证担 保，担保总金额不超过人民币 6,000 万元。保证期间为《合作协议》中的主债务 履行期届满之日起三年。 芦剧网络的少数股东嘉兴九州文化传媒有限公司的实际控制人汪家城，对全 资子公司芦鸣网络本次为芦剧网络提供的担保，提供全额连带责任保证。 ...

| 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2026-013 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | 上海姚记科技股份有限公司 关于使用部分闲置募集资金和自有资金进行现金管理的公告 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。 上海姚记科技股份有限公司（以下简称"公司""姚记科技"）于2026年3 月5日召开第六届董事会第二十六次会议，会议审议通过了《关于使用部分闲置 募集资金和自有资金进行现金管理的议案》，同意公司使用总额不超过人民币3 亿元（含前次尚未到期的额度）的暂时闲置募集资金和总额不超过人民币6亿元 （含前次尚未到期的额度）的自有资金进行现金管理，投资安全性高、流动性 好、有保本约定的理财产品或存款类产品（包括但不仅限于结构性存款、大额 存单等）。本次拟使用部分募集资金和自有资金进行现金管理的事项在公司董 事会审议权限范围内，无需提交公司股东大会审议。 一、募集资金基本情况 经中国证券监督管理委员会《关于同意上海姚记科技股份有限公司向不特 定对象发行可转换公司债券 ...