Group 1 - The "Double Festival" period has seen a surge in sports events across the country, becoming a significant growth driver in the holiday economy, with over 29,000 cultural and sports tourism integration activities planned, a 12% increase from last year [1] - Major international events such as the 2025 Shanghai Rolex Masters and the World Rowing Championships are taking place, highlighting the importance of localizing event IPs and cultivating proprietary brands within the sports industry [3] - The Shanghai Rolex Masters has seen high consumer engagement, with merchandise sales thriving and significant foot traffic at event-related venues, indicating strong spectator interest and spending [4] Group 2 - The concept of "second venue" consumption is emerging, with significant economic impact observed from event-related activities outside the main event locations, such as increased customer traffic in nearby shops and restaurants during events [4] - The potential value of event tickets is being further explored, with various promotions linked to ticket purchases, enhancing consumer engagement and driving sales in associated businesses [5] - The sports economy is becoming a new consumption engine, with online retail sales of sports goods exceeding 210 billion yuan in the first half of the year, reflecting a nearly 20% year-on-year growth [5][6]

Group 1 - The sports sector experienced a decline of 0.3% on September 30, with Zhongti Industry leading the drop [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] - Key stocks in the sports sector showed varied performance, with Lisheng Sports closing at 15.13, down 0.20%, and Zhongti Industry closing at 9.13, down 0.33% [1] Group 2 - The sports sector saw a net outflow of 10.90 million yuan from institutional investors, while retail investors had a net inflow of 9.49 million yuan [1] - Zhongti Industry experienced a net outflow of 1.00 million yuan from institutional investors, with retail investors contributing a net inflow of 1.94 million yuan [1] - Lisheng Sports had a significant net outflow of 9.90 million yuan from institutional investors, but saw a net inflow of 7.56 million yuan from retail investors [1]

Core Viewpoint - Lisheng Sports is responding to the Shenzhen Stock Exchange's inquiry regarding its application for a specific stock issuance, addressing key issues related to its business operations and fundraising projects [1] Group 1: Business Performance and Revenue Analysis - Lisheng Sports heavily relies on Top Speed and Shanghai Qingsu for its revenue, with significant growth expected from Top Speed's overseas events in 2023-2024, contributing to overall revenue increase [2] - The company's revenue for the reporting period was 258.30 million, 405.17 million, 440.70 million, and 271.72 million, with a notable increase in 2023 due to the recovery of domestic and international events, particularly overseas events [2] - Revenue growth in 2023 is attributed to improved performance in venue operations, event management, marketing services, and digital sports, with overseas event income expected to remain sustainable [3] Group 2: Profitability Challenges and Strategies - Lisheng Sports has experienced a continuous decline in net profit over the past three years, with 2023 showing revenue growth but no profit increase due to rising asset impairment losses and insufficient gross profit to cover expenses [4] - The company is implementing strategies such as strict project evaluations, shutting down inefficient operations, expanding overseas markets, and developing electric racing standards to improve performance [4] Group 3: Inventory and Accounts Receivable Analysis - Inventory impairment provisions are primarily concentrated in venue operations and sports club management, with the latter facing challenges due to declining revenue [5] - Accounts receivable growth aligns with the company's operational scale, with sufficient bad debt provisions and good collection rates from overseas clients, indicating sustainable overseas revenue [5] Group 4: Fundraising Project Insights - The company plans to raise up to 498 million for the Hainan New Energy Vehicle Experience Center International Circuit project and to supplement working capital, with projected annual revenue of 207.50 million and a net profit of 52.09 million from the project [6] - The project is expected to have advantages in operational model, site planning, and event scheduling compared to existing circuits, and will not significantly divert revenue from current operations [6] Group 5: Investment Pricing and Related Party Verification - The investment pricing for Hainan Ecological Park and Hainan Automotive Development is deemed reasonable, with no related party transactions identified between the company and other shareholders [7] - The acquisition of equity in Yuedong Tianxia is also based on reasonable pricing, with no signs of benefit transfer [7]

国浩律师（上海）事务所 关于 力盛云动（上海）体育科技股份有限公司 | 第一节 律师申明事项 3 | | --- | | 第二节 正文 5 | | 第一轮审核问询函 5 | | 问题 1 5 | | 问题 3 52 | | 第二轮审核问询函 79 | | 问题 3 79 | | 第三节 签署页 109 | 2023 年度向特定对象发行 A 股股票 之 补充法律意见书（八） 上海市山西北路 99 号苏河湾中心 MT25-28 楼 邮编：200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Shanghai, China 电话/Tel: +86 21 5234 1668 传真/Fax: +86 21 5234 1670 网址/Website: http://www.grandall.com. 二〇二五年九月 国浩律师（上海）事务所 补充法律意见书（八） 国浩律师（上海）事务所 关于力盛云动（上海）体育科技股份有限公司 2023 年度向特定对象发行 A 股股票 之 补充法律意见书（八） 致：力盛云动（上海）体育科技股份有限公司 国浩律师（上海）事务所（以下简称"本所" ...

申请向特定对象发行股票的第二轮审核问询函的回复 （修订稿） 保荐机构（主承销商） （江西省南昌市新建区子实路 1589 号) 二〇二五年九月 1-1 关于力盛云动（上海）体育科技股份有限公司 深圳证券交易所： 贵所出具的《关于力盛云动（上海）体育科技股份有限公司申请向特定对象 发行股票的第二轮审核问询函》（审核函〔2024〕120032 号）（以下简称"问 询函"）已收悉。力盛云动（上海）体育科技股份有限公司（以下简称"发行人"、 "公司"或"力盛体育"）会同国盛证券有限责任公司（以下简称"保荐机构"、 "保荐人"）、天健会计师事务所（特殊普通合伙）（以下简称"会计师"）、 国浩律师（上海）事务所（以下简称"发行人律师"）等中介机构对问询函所列 问题逐项进行了核实并制作完成问询函回复，并根据要求对相关申请文件进行了 修改和补充披露。 现将问询函相关问题回复如下，请贵所予以审核。 如无特别说明，本回复使用的简称与《力盛云动（上海）体育科技股份有限 公司 2023 年度向特定对象发行 A 股股票募集说明书》（以下简称"募集说明书"） 中的释义相同。 本回复中的字体代表以下含义： | 问询函所列问题 | 黑体（加粗 ...

目 录 | 一、问题一 …………………………………………………………第 | 1—25 | 页 | | --- | --- | --- | | 二、问题二…………………………………………………………第 | 25—59 | 页 | | 三、附件……………………………………………………………第 | 60—64 | 页 | | （一）本所营业执照复印件………………………………………第 | 60 | 页 | | （二）本所执业证书复印件………………………………………第 | 61 | 页 | | （三）本所从事证券服务业务备案完备证明材料………………第 | 62 | 页 | | （四）签字注册会计师证书复印件…………………………第 | 63—64 | 页 | 关于力盛云动（上海）体育科技股份有限公司 向特定对象发行股票的第二轮审核问询函中 有关财务事项的说明 天健函〔2025〕1095 号 深圳证券交易所： 由国盛证券股份有限公司转来的《关于力盛云动（上海）体育科技股份有限 公司申请向特定对象发行股票的第二轮审核问询函》（审核函〔2024〕120032 号，以下简称审核问询函）奉悉。我们已对审核问询函中所提及的力盛云动（ ...

证券代码：002858 证券简称：力盛体育 公告编号：2025-072 力盛云动（上海）体育科技股份有限公司 关于申请向特定对象发行股票的第二轮审核问询函回复修 订的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 力盛云动（上海）体育科技股份有限公司（以下简称"公司"）于 2024 年 8 月 14 日收到深圳证券交易所（以下简称"深交所"）出具的《关于力盛云动 （上海）体育科技股份有限公司申请向特定对象发行股票的第二轮审核问询函》 （审核函〔2024〕120032 号）（以下简称"审核问询函"），深交所发行上市 审核中心对公司提交的向特定对象发行股票的申请文件进行了审核，并形成了审 核问询问题。 公司按照该审核问询函的要求，会同相关中介机构对审核问询函所列问题进 行了认真研究和逐项落实，并进行了逐项说明和回复，具体内容详见公司 2024 年 8 月 22 日在巨潮资讯网（www.cninfo.com.cn）披露的相关公告文件。 近日，公司根据深交所进一步审核意见，会同相关中介机构对部分回复内容 进行了补充与修订，具体内容详见公司 2025 年 9 ...

Group 1 - The sports sector increased by 0.99% on September 29, with Lisheng Sports leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] - Lisheng Sports' closing price was 15.16, with a rise of 1.40%, and Zhongti Industry closed at 9.16, up 0.88% [1] Group 2 - The net inflow of main funds in the sports sector was 22.73 million yuan, while retail funds experienced a net outflow of 5.46 million yuan [1] - Zhongti Industry saw a main fund net inflow of 21.24 million yuan, with a net outflow of 16.83 million yuan from speculative funds [1] - Lisheng Sports had a main fund net inflow of 1.50 million yuan, with a net outflow of 0.46 million yuan from speculative funds [1]

Group 1 - The sports sector experienced a decline of 0.35% on September 26, with Lisheng Sports leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] - Lisheng Sports' stock price fell by 1.71% to 14.95, with a trading volume of 59,500 shares and a transaction value of approximately 89.58 million yuan [1] Group 2 - The sports sector saw a net inflow of 1.13 million yuan from main funds, while retail investors contributed a net inflow of 5.25 million yuan [1] - Lisheng Sports had a net outflow of 2.59 million yuan from main funds and a net outflow of 738,400 yuan from speculative funds, but a net inflow of 3.33 million yuan from retail investors [1] - Zhongti Industry's stock remained unchanged at 9.08, with a trading volume of 186,500 shares and a transaction value of approximately 169 million yuan [1]

证券之星消息，9月25日体育板块较上一交易日下跌0.11%，中体产业领跌。当日上证指数报收于 3853.3，下跌0.01%。深证成指报收于13445.9，上涨0.67%。体育板块个股涨跌见下表： | | | | 代码 名称 主力净流入（元） 主力净占比 游资净流入（元） 游资净占比 散户净占比 | | | | | --- | --- | --- | --- | --- | --- | --- | | 600158 中体产业 | -269.97万 | -1.85% | 307.21万 | 2.10% | -37.24万 | -0.26% | | 002858 力盛体育 | -355.26万 | -2.72% | 758.03万 | 5.80% | -402.77万 | -3.08% | | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | --- | | 002858 | 力盛体育 | 15.21 | 0.33% | | 8.53万 | | 1.31亿 | | 600158 | 中体产业 ...