Group 1: Company Overview and Performance - Lisheng Yundong (Shanghai) Sports Technology Co., Ltd. is a leading automotive sports operator in China, focusing on sports event management, venue operation, marketing services, and digital sports business [2] - In the first half of 2025, the company achieved a revenue of 272 million CNY, representing a year-on-year growth of 21.94% [3] - The net profit attributable to the parent company was 15.32 million CNY, with a year-on-year increase of 11.97% [3] - The core business of event revenue accounted for approximately 70%, while venue operation revenue made up about 25% [3] Group 2: Business Growth and Strategies - The second quarter saw a revenue of 163 million CNY, with a year-on-year growth of 38.53% [3] - The company is enhancing its event offerings by integrating with local cultural tourism and increasing participation from star athletes, leading to growth in ticket sales and registration fees [3] - The company plans to operate around 20 golf events in 2025, having already conducted 7 events in the first half of the year [3] Group 3: Future Projects and Investments - The Hainan International Circuit project has seen an investment of 184 million CNY, with expectations to contribute to revenue by 2027 [3] - The company is actively pursuing refinancing options, currently under review by the exchange [3] - The company holds a 49.1916% stake in the "Yuedong Circle" app, focusing on AI integration in sports and health sectors [3] Group 4: Market Opportunities and Celebrity Engagement - The participation of celebrities in racing events has positively impacted ticket sales and marketing, enhancing the visibility of motorsports in China [3] - The company aims to leverage market opportunities by increasing event value and attracting star athletes to boost commercial impact [3]

Group 1 - The sports sector experienced a decline of 1.81% on September 2, with Lisheng Sports leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] - Key stocks in the sports sector showed varied performance, with Zhongti Industry closing at 86.8, down 1.64%, and Lisheng Sports closing at 13.85, down 2.53% [1] Group 2 - The sports sector saw a net outflow of 3.913 million yuan from main funds, while retail investors experienced a net outflow of 1.071 million yuan [1] - In terms of fund flow, Zhongti Industry had a net inflow of 7.7399 million yuan from main funds, while Lisheng Sports had a net outflow of 11.6528 million yuan [1] - Retail investors contributed to a net inflow of 2.8697 million yuan for Lisheng Sports, contrasting with a net outflow of 13.6897 million yuan for Zhongti Industry [1]

力盛体育9月1日公告，公司于2025年5月13日召开第五届董事会第十次会议，审议通过了《关于以集中 竞价交易方式回购股份方案的议案》，公司决定使用自有资金、自筹资金及股票回购专项贷款以集中竞 价交易方式回购公司发行的Ａ股社会公众股，用于员工持股计划或者股权激励。回购资金总额不超过 4000万元（含）且不低于2000万元（含），本次回购股份价格上限不超过17元／股（含）。若以回购金 额上限4000万元、回购价格上限17元／股测算，预计回购股份数量约为235.29万股，约占公司目前已发 行总股本的1.44%；若以回购金额下限2000万元、回购价格上限17元／股测算，预计回购股份数量约为 117.65万股，约占公司目前已发行总股本的0.72%。回购股份的实施期限为自公司董事会审议通过回购 股份方案之日起12个月内。截至2025年8月31日，公司累计回购171.98万股，占公司总股本的1.05%，回 购价格区间为12.3元／股至14.13元／股，累计使用资金2224.54万元（不含交易费用）。 ...

关于回购公司股份的进展公告 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。 力盛云动（上海）体育科技股份有限公司（以下简称"公司"）于 2025 年 5 月 13 日召开第五届董事会第十次会议，审议通过了《关于以集中竞价交易方式 回购股份方案的议案》，公司决定使用自有资金、自筹资金及股票回购专项贷款 以集中竞价交易方式回购公司发行的 A 股社会公众股，用于员工持股计划或者 股权激励。回购资金总额不超过人民币 4,000 万元（含）且不低于人民币 2,000 万元（含），本次回购股份价格上限不超过人民币 17.00 元/股（含）。若以回购 金额上限 4,000 万元、回购价格上限 17.00 元/股测算，预计回购股份数量约为 235.29 万股，约占公司目前已发行总股本的 1.44%；若以回购金额下限人民币 2,000 万元、回购价格上限 17.00 元/股测算，预计回购股份数量约为 117.65 万股， 约占公司目前已发行总股本的 0.72%。回购股份的实施期限为自公司董事会审议 通过回购股份方案之日起 12 个月内。 证券代码：002858 证券简称：力盛体 ...

Group 1 - The sports sector increased by 2.67% on September 1, with Zhongti Industry leading the gains [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] - Zhongti Industry's closing price was 9.13, with a rise of 2.70%, and a trading volume of 386,000 shares, amounting to a transaction value of 350 million yuan [1] - Lisheng Sports closed at 14.21, with a rise of 2.53%, and a trading volume of 89,200 shares, amounting to a transaction value of 127 million yuan [1] Group 2 - The net inflow of main funds in the sports sector was 23.34 million yuan, while retail funds experienced a net outflow of 2.56 million yuan [2] - Speculative funds had a net outflow of 20.77 million yuan [2]

Group 1 - The sports sector experienced a decline of 0.75% on August 29, with Lisheng Sports leading the drop [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] - Key stocks in the sports sector showed varied performance, with Zhongti Industry closing at 68.8 (-0.67%) and Lisheng Sports at 13.86 (-1.07%) [1] Group 2 - The sports sector saw a net outflow of 17.23 million yuan from institutional investors, while retail investors had a net inflow of 11.18 million yuan [1] - Lisheng Sports had a net outflow of 5.57 million yuan from institutional investors, with retail investors contributing a net inflow of 5.92 million yuan [1] - Zhongti Industry experienced a net outflow of 11.65 million yuan from institutional investors, with retail investors contributing a net inflow of 5.26 million yuan [1]

2025年8月27日，力盛体育(002858.SZ)发布2025年半年度报告。截至2025年8月27日，共有18个机构投 资者披露持有力盛体育A股股份，合计持股量达2862.73万股，占力盛体育总股本的17.46%。其中，前 十大机构投资者包括上海赛赛投资有限公司、中国工商银行股份有限公司-中信保诚多策略灵活配置混 合型证券投资基金(LOF)、力盛云动(上海)体育科技股份有限公司-2025年员工持股计划、力盛云动(上 海)体育科技股份有限公司-2025年员工持股计划、交通银行股份有限公司-金鹰民族新兴灵活配置混合型 证券投资基金、UBS AG、BARCLAYS BANK PLC、中国工商银行股份有限公司-金鹰核心资源混合型 证券投资基金、银河文体娱乐混合A、中信保诚景气优选混合A，前十大机构投资者合计持股比例达 16.73%。相较于上一季度，前十大机构持股比例合计上涨了4.01个百分点。 公募基金方面，本期较上一季度新披露的公募基金共计5个，包括中信保诚多策略混合(LOF)A、金鹰民 族新兴混合A、金鹰核心资源混合A、银河文体娱乐混合A、银河消费混合A。本期较上一季未再披露的 公募基金共计1个，即大成中证36 ...

Group 1 - The sports sector increased by 1.14% on August 28, with Zhongti Industry leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] - Zhongti Industry's closing price was 8.95, with a rise of 1.70%, and a trading volume of 296,700 shares, amounting to a transaction value of 262 million yuan [1] Group 2 - The sports sector saw a net inflow of 13.82 million yuan from institutional investors, while retail investors experienced a net outflow of 6.31 million yuan [2] - Speculative funds had a net outflow of 7.51 million yuan from the sports sector [2]

Group 1 - The core viewpoint is that the domestic sports economy in China is thriving, with the integration of sports events and various industries such as tourism, dining, and retail creating a synergistic effect that drives urban economic development and consumption [1] - Motorsports, particularly Formula 1 (F1), is highlighted as a major global sporting event, ranking third after the Olympics and the World Cup, indicating its significant market potential [1] - The increasing interest in motorsports among the Chinese population, driven by rising living standards and a growing automotive culture, suggests a promising future for the industry [1] Group 2 - Karting is identified as the entry point for all motorsports, with a notable increase in the number of events and participants, particularly among younger age groups, reflecting the growing popularity of motorsports in China [1] - The current development of Chinese motorsport culture is in its early stages, but the overall market space is expanding rapidly, presenting an optimal time for industry growth [1]

Core Insights - The development of sports events is recognized as a new engine for urban economic growth and consumption, with the sports industry becoming one of the most dynamic sectors in the national economy [1][2] - The rise of motorsport, particularly in China, is attributed to increasing public interest and the integration of various sectors such as tourism and retail [1][2] Industry Overview - The Chinese motorsport market is experiencing rapid growth, with karting as a significant entry point for younger participants, indicating a burgeoning racing culture [2][3] - The company, Lisheng Sports, has been a pioneer in the industrialization of the automotive event sector, establishing a comprehensive business model that includes top-tier racing events and related services [3][4] Company Developments - Lisheng Sports operates multiple high-profile racing events, including the China Automobile Circuit Professional League and the China Supercar Championship, with 55 events held during the reporting period [3][4] - The company's revenue from sports event operations reached 191 million yuan, reflecting a year-on-year growth of over 30% [3] Future Prospects - The increasing disposable income and changing consumer attitudes towards sports events are expected to further boost the motorsport industry in China [4][5] - The company is exploring the electric vehicle racing segment, with the FE Electric Formula Championship expected to attract over 500 million viewers by the end of the 2024-2025 season [4][5] Strategic Initiatives - Lisheng Sports is expanding its operations in Hainan, which includes a world-class F2 standard racetrack and various automotive testing facilities, capitalizing on the region's favorable climate for year-round racing activities [6][7] - The company aims to diversify its sports event portfolio beyond motorsports, targeting popular sports like basketball and football, which have strong grassroots support [7][8] Recent Acquisitions - The company has recently taken over the China Men's Professional Golf Tour, indicating a strategic move to capitalize on the resurgence of golf post-Rio Olympics [8]