Core Viewpoint - Wanda Film has completed a share reduction plan, with a total of 42,235,574 shares sold, representing 2.0000% of the company's total share capital [1] Summary by Sections - **Share Reduction Details** - The share reduction took place from September 1, 2025, to September 23, 2025 [1] - After the reduction, the remaining shares held by Xin County Rongzhi amount to 49,258,294, which is 2.3325% of the total share capital [1] - **Total Holdings Post-Reduction** - Xin County Rongzhi and its concerted parties now hold a total of 64,316,141 shares, accounting for 3.0456% of the company's total share capital [1]

万达电影股份有限公司 股票代码：002739 股票简称：万达电影 公告编号：2025-048 万达电影股份有限公司 | 股东名称 | 减持方式 | 减持期间 | | 减持均价 （元/股） | 减持股数 （股） | 减持比例 | | --- | --- | --- | --- | --- | --- | --- | | 莘县融智 | 集中竞价 | 2025 年 9 月 年 9 月 年 月 2025 9 | 1 日-2025 15 日 15 日-2025 | 12.04 | 12,193,950 | 0.5774% | | | 大宗交易 | 年 | 日 | 11.97 | 30,041,624 | 1.4226% | | | | 9 月 | 23 | | | | | | 合计 | — | | — | 42,235,574 | 2.0000% | 一、股东减持股份情况 二、股东减持前后持股情况 | | | 1 关于股东减持计划实施完毕的公告 公司持股 5%以上股东莘县融智兴业管理咨询中心（有限合伙）保证向本公 司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 万达电影股份有限公司（以下简称"公 ...

Group 1 - The company received a notification regarding the completion of a share reduction plan by Xincheng Rongzhi [1] - From September 1, 2025, to September 23, 2025, Xincheng Rongzhi reduced its holdings by a total of 42,235,574 shares, accounting for 2.0000% of the company's total share capital [1] - After the reduction, Xincheng Rongzhi holds 49,258,294 shares, representing 2.3325% of the company's total share capital [1] Group 2 - Xincheng Rongzhi and its concerted parties collectively hold 64,316,141 shares, which is 3.0456% of the company's total share capital [1]

Core Viewpoint - The report from Guosen Securities highlights the rapid advancement of domestic 3D models and lightweight AI models, with significant developments from Tencent, Alibaba Cloud, and Baidu, alongside a strong box office performance for the film "731" [1][3]. Group 1: Industry Performance - The media sector saw a weekly increase of 0.38%, outperforming the CSI 300 index which fell by 1.01%, but underperforming the ChiNext index which rose by 1.22% [3]. - The top gainers in the media sector included Jishi Media, Guomai Culture, and Liou Shares, while the biggest losers were Happy Blue Ocean and Shanghai Film [3]. Group 2: Key Developments - Tencent launched the mixed Yuan 3D 3.0 model, enhancing modeling precision with its 3D-DiT grading carving technology and introduced the mixed Yuan 3D Studio platform to improve production efficiency [3]. - Alibaba Cloud open-sourced the Tongyi DeepResearch model, achieving state-of-the-art results with only 30 billion parameters [3]. - Baidu's new model ERNIE-4.5-21B-A3B-Thinking topped the HuggingFace leaderboard [3]. - The film "731" grossed nearly 1 billion yuan within three days of its release [3][4]. Group 3: Investment Recommendations - The company maintains a positive outlook on the gaming sector's new product cycle and the potential recovery of the film industry, emphasizing the importance of AI applications [5]. - Recommended stocks in the gaming sector include Kaiying Network, Gigabit, and Xindong Company [5]. - In the media sector, companies like Focus Media and Bilibili are highlighted due to expected growth in advertising spending [5]. - For the film content sector, attention is drawn to Wanda Film and Huace Film for potential supply-side improvements [5]. - The report also suggests focusing on high-dividend, undervalued state-owned publishing companies [5]. Group 4: Emerging Trends - The industry continues to favor high-demand IP toys and AI applications in their early stages [2]. - Recommended stocks in the IP toy sector include Pop Mart, Zhejiang Digital Culture, and Yaoji Technology [2]. - Key application areas for AI include gaming, toys, advertising, education, e-commerce, and social media, with specific focus on 2B/2G and 2C opportunities [2].

Core Viewpoint - Wanda Film stated on September 24 that important matters should be based on the announcements disclosed by the company [2] Group 1 - The company responded to investor inquiries on its interactive platform [2] - The company emphasizes the importance of official announcements for significant matters [2]

Core Viewpoint - Wanda Film (002739) stated on September 24 that its operating performance should be based on the periodic reports disclosed by the company [1] Group 1 - The company responded to investor inquiries on an interactive platform [1] - The company emphasizes the importance of relying on officially disclosed reports for performance evaluation [1]

Market Overview - The film and cinema sector experienced a decline of 0.41% on September 24, with Jin Yi Film leading the drop [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Bona Film (001330) saw a significant increase of 10.05%, closing at 6.57 with a trading volume of 440,000 shares and a turnover of 284 million [1] - Huayi Brothers (300027) and Shanghai Film (601595) both had slight increases of 1.16%, closing at 2.62 and 29.53 respectively [1] - Jin Yi Film (002905) experienced a decline of 3.20%, closing at 10.90 with a trading volume of 294,900 shares and a turnover of 324 million [2] Capital Flow Analysis - The film and cinema sector saw a net inflow of 126 million from institutional investors, while retail investors experienced a net inflow of 997,500 [2] - Major stocks like Light Media (300251) had a net inflow of 224 million from institutional investors, while Bona Film (001330) faced a net outflow of 489.66 million from retail investors [3]

Group 1 - The company has confirmed that its produced film "浪浪人生" and co-produced film "志愿军：浴血和平" are scheduled for release during the National Day holiday [2]

Core Points - Wanda Film conducted three block trades on September 23, totaling 4.5416 million shares and a transaction amount of 54.5903 million yuan, with a transaction price of 12.02 yuan, reflecting a discount of 2.04% compared to the closing price of the day [2] - Over the past three months, Wanda Film has recorded a total of 40 block trades, amounting to 450 million yuan [2] - The closing price of Wanda Film on the day was 12.27 yuan, down 0.49%, with a daily turnover rate of 4.34% and a total transaction amount of 1.104 billion yuan, indicating a net inflow of 71.4617 million yuan from main funds [2] - In the last five days, the stock has increased by 1.40%, with a total net inflow of 321 million yuan [2] - The latest margin financing balance for Wanda Film is 1.188 billion yuan, which has increased by 88.5603 million yuan over the past five days, representing a growth rate of 8.05% [2] - Wanda Film Co., Ltd. was established on January 20, 2005, with a registered capital of 2.111778708 billion yuan [2]

Core Viewpoint - On September 23, Wanda Film executed a block trade of 4.5416 million shares, amounting to 54.5903 million yuan, which represented 4.71% of the total trading volume for the day, with a transaction price of 12.02 yuan, reflecting a discount of 2.04% compared to the market closing price of 12.27 yuan [1] Summary by Category - **Transaction Details** - The block trade involved 4.5416 million shares [1] - The total transaction value was 54.5903 million yuan [1] - This transaction accounted for 4.71% of the total trading volume on that day [1] - **Price Analysis** - The transaction price was set at 12.02 yuan [1] - This price was at a discount of 2.04% compared to the market closing price of 12.27 yuan [1]