证券代码：002995 证券简称：天地在线 公告编号：2026-010 北京全时天地在线网络信息股份有限公司 关于使用部分暂时闲置募集资金进行现金管理的进展公告 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、误导性陈述或者重大遗漏。 北京全时天地在线网络信息股份有限公司（简称"公司"或"天地在线"） 于 2025 年 10 月 27 日召开第四届董事会第七次会议，审议通过了《关于使用部 分暂时闲置募集资金进行现金管理的议案》，同意公司在确保募集资金投资项目 所需资金和保证募集资金安全的前提下，使用额度不超过人民币 13,000 万元的 暂时闲置募集资金进行现金管理，该额度自董事会审议通过之日起 12 个月内有 效，并授权公司董事长或董事长授权人员在额度范围内行使投资决策权并签署相 关合同文件。在前述额度和期限范围内，进行现金管理的资金可循环滚动使用。 具体内容详见公司于 2025 年 10 月 29 日刊登于巨潮资讯网（www.cninfo.com.cn） 的《关于使用部分暂时闲置募集资金进行现金管理的公告》。现将公司使用部分 暂时闲置募集资金进行现金管理的进展公告如下： 一、本次 ...

Group 1: Market Overview - In January 2026, the media sector (Shenwan Media Index) rose by 17.94%, outperforming the CSI 300 Index by 16.29 percentage points, ranking second among 31 industries [4][22] - The current TTM-PE of the Shenwan Media Index is 49.9x, positioned at the 98.8th percentile over the past five years, indicating high valuation levels [4][22] - Notable stock performances included BlueFocus, TianDi Online, TianLong Group, and YiDianTian, while GuiGuang Network, Hubei Broadcasting, and ShengTong Shares saw declines [4][27] Group 2: Gaming Sector - In January 2026, a total of 177 domestic games and 5 imported games were approved, with the cumulative issuance of game licenses reaching 182, a year-on-year increase of 33.8% [29][31] - The Chinese gaming market is projected to generate revenues of 350.79 billion yuan in 2025, reflecting a year-on-year growth of 7.7% [35] - Mobile and client games are expected to generate actual sales revenues of 257.1 billion yuan and 78.2 billion yuan respectively in 2025, with growth rates of 7.9% and 15.0% [41] Group 3: Film and Television Sector - The total box office in January 2026 was 1.964 billion yuan, a year-on-year decrease of 69.2%, primarily due to fewer new releases [55] - The upcoming Spring Festival period will feature 7 films, with "Fei Chi Ren Sheng 3" being the most anticipated, potentially boosting box office recovery during the 9-day holiday [66][72] - In January, the top-performing series included "Punishment 2" with 1.131 billion views, followed by "Pride" and "Xiao Yao" [74] Group 4: AI Applications - Seedance 2.0 has gained attention in the video generation field, enhancing the commercial potential of AI-generated content [86] - The competition for AI application traffic during the Spring Festival is intensifying, with major players like Yuanbao and Qianwen launching promotional campaigns [6] - The integration of AI applications is expected to drive growth in the gaming and IP toy sectors, with a focus on product cycles and performance during the holiday season [6]

Group 1: Market Overview - In January 2026, the media sector (Shenwan Media Index) rose by 17.94%, outperforming the CSI 300 Index by 16.29 percentage points, ranking second among 31 industries in Shenwan's first-level classification [4][22]. - The current TTM-PE of the Shenwan Media Index is 49.9x, which is at the 98.8th percentile of the past five years, indicating high valuation levels [4][22]. - Notable stock performances include BlueFocus, Tiandi Online, Tianlong Group, and Yidian Tianxia with significant gains, while Guigang Network, Hubei Broadcasting, and Beijing Culture experienced declines [4][27]. Group 2: Gaming Sector - In January 2026, a total of 177 domestic games and 5 imported games were approved, with the cumulative issuance of game licenses reaching 182, a year-on-year increase of 33.8% [29][31]. - The Chinese gaming market is projected to generate revenues of 350.79 billion yuan in 2025, reflecting a year-on-year growth of 7.7% [35]. - Mobile and client games are expected to generate actual sales revenues of 257.1 billion yuan and 78.2 billion yuan respectively in 2025, with growth rates of 7.9% and 15.0% [41]. Group 3: Film and Television Sector - The total box office in January 2026 was 1.964 billion yuan, a year-on-year decrease of 69.2%, primarily due to fewer new releases [55]. - The upcoming Spring Festival period is expected to boost box office performance, with seven films scheduled for release, including "Fast Life 3," which has generated significant pre-release interest [66][72]. - The top-performing series in January included "Punishment 2" with 1.131 billion views, followed by "Pride" and "Xiaoyao" [74]. Group 4: AI Applications - The Seedance 2.0 model has made significant advancements in video generation, allowing for the creation of "director-level" audio and video content, which is expected to catalyze the AI comic series market [86][96]. - The competition for AI application traffic during the Spring Festival is intensifying, with major players like Yuanbao and Qianwen launching aggressive marketing campaigns [6][86]. - The integration of AI applications is anticipated to reshape the content service ecosystem, with a focus on companies like Zhejiang Wenlian and Huimai Technology [6][86]. Group 5: Investment Recommendations - The investment outlook remains positive for AI applications, gaming, and IP toys, with expectations of multiple catalysts during the Spring Festival [6]. - Recommended stocks for January include Giant Network, Kyeing Network, Bilibili, Kunlun Wanwei, and Zhongwen Online, with February recommendations maintaining a similar focus [6].

证券代码：002995 证券简称：天地在线 公告编号：2026-009 北京全时天地在线网络信息股份有限公司 关于股票交易异常波动公告 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、误导性陈述或者重大遗漏。 一、股票交易异常波动的情况介绍 针对公司股票交易异常波动情况，公司对有关事项进行了核查，并询问了公 司控股股东、实际控制人，现就相关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产生 较大影响的未公开重大信息； 3、近期公司经营情况及内外部经营环境不存在发生或预计将发生重大变化 的情形； 4、公司、控股股东、实际控制人不存在关于公司的应披露而未披露的重大 事项，或处于筹划阶段的重大事项； 5、公司控股股东、实际控制人在股票异常波动期间不存在买卖本公司股票 的情形。 三、是否存在应披露而未披露信息的说明 公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规则》 等有关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、协 议等；董事会也未获悉本公司有根据《深圳证券交易所股票上市 ...

Core Viewpoint - The company's stock experienced an abnormal fluctuation, with a cumulative closing price drop exceeding 20% over three consecutive trading days from February 9 to February 11, 2026 [1] Summary by Relevant Sections - **Stock Performance** The company's stock price showed a significant decline, with a cumulative drop of over 20% during the specified period, indicating abnormal market behavior [1] - **Company Disclosure** The company confirmed that there were no corrections or supplementary disclosures to previously released information, and no undisclosed significant information affecting the stock price was found in public media [1] - **Operational Environment** There have been no major changes in the company's recent operations or external environment, suggesting stability in its business context [1] - **Insider Trading** During the period of abnormal fluctuation, neither the controlling shareholder nor the actual controller engaged in buying or selling the company's stock [1] - **Investor Advisory** The company advised investors to rely on information from designated media sources and to remain cautious regarding potential risks [1]

Price Movement Reasons - The stock price of Tiandi Online (002995) experienced significant fluctuations from late January to early February 2026, primarily driven by market speculation related to "Li Yapeng's live streaming sales" [1][4] - On January 23, 2026, Li Yapeng's live streaming attracted over 24 million viewers, with sales reaching 162 million yuan on January 30, making it the top seller on Douyin [4] - Tiandi Online holds a 16.67% stake in Beijing Zhongshu Yilian Network Technology Co., which is controlled by Li Yapeng, leading to increased market interest and a cumulative stock price increase of 87.35% over ten trading days from January 19 to February 1, 2026, including six trading halts [4] Company Fundamentals - On January 31, 2026, Tiandi Online announced a profit forecast for 2025, estimating a net loss between 153 million yuan and 86 million yuan, representing a significant decline year-on-year [2][5] - The company highlighted in its February 1 announcement that its price-to-book ratio (6.89 times) and static price-to-earnings ratio (-90.67 times) are significantly higher than industry averages (price-to-book ratio of 2.33 times and static price-to-earnings ratio of 32.52 times), indicating that the stock price has deviated from its fundamentals [2][5] - Additionally, a subsidiary of the company was involved in a contract fraud case announced on January 14, 2026, with an amount involved of 55.0853 million yuan [5] Stock and Fund Performance - Following the speculative trading, the stock price rapidly declined, closing at 27.92 yuan on February 11, 2026, with a single-day drop of 8.76% and a cumulative decline of 16.13% over the past five trading days [3][6] - On February 10, the stock was listed on the "Dragon and Tiger List" due to a price deviation of 7% and a turnover rate exceeding 20%, with a net outflow of 66.7942 million yuan from main funds and 41.606 million yuan from retail investors on that day [6] - Technical indicators show that the stock price has fallen below the 5-day and 10-day moving averages, with the MACD indicator weakening, suggesting increased volatility and a potential downturn [6]

Group 1 - Li Yaping confirmed that Dong Yuhui donated a significant amount to the Yanran Angel Children's Hospital, emphasizing that the donation was substantial and not a small sum like 1 million or 2 million [2] - Dong Yuhui expressed admiration for Li Yaping's charitable actions and encouraged more attention to public welfare [2] Group 2 - Li Yaping's live streaming sales have surged, with two sessions on February 6 and 7 each exceeding 1 billion yuan in sales [4] - Over the past 30 days, Li Yaping conducted 13 live streams with average sales between 50 million to 75 million yuan, and three sessions in the last 10 days surpassed 1 billion yuan [4][6] - On January 30, Li Yaping's live stream attracted over 400,000 viewers within 10 minutes, resulting in a sales figure exceeding 1.8 billion yuan, setting a record in the industry [4][6] Group 3 - The turning point for Li Yaping's sales growth was a video released on January 14, discussing the financial crisis of the Yanran Angel Children's Hospital, which resonated with the audience and highlighted his long-term commitment to charity [10] - Following this, many viewers expressed their willingness to support the hospital financially, leading to increased donations and engagement during live streams [11] Group 4 - The stock of Tian Di Zai Lian, which has invested in Li Yaping's company, saw significant volatility, achieving a 113.26% increase year-to-date as of February 6 [11][12] - Despite the stock price surge, Tian Di Zai Lian's financial outlook is concerning, with an expected net loss of 86 million to 153 million yuan for the year 2025 due to rising procurement costs and asset impairment provisions [12]

Market Overview - A total of 44 stocks hit the daily limit, while 10 stocks faced limit down, resulting in a sealing rate of 81%. The three major indices narrowed their losses in the afternoon after initially dropping over 1%. The North Securities 50 Index fell over 2%. The total trading volume in the Shanghai and Shenzhen markets was 2.18 trillion yuan, a decrease of 304.8 billion yuan compared to the previous trading day. Over 3,700 stocks in the market declined. Consumer sectors such as film, beauty care, food and beverage, and retail led the gains, while sectors like photovoltaic, precious metals, electric grid equipment, and lithium mining faced declines. By the close, the Shanghai Composite Index fell by 0.64%, the Shenzhen Component Index by 1.44%, and the ChiNext Index by 1.55% [1][3]. Stock Performance Analysis - The advancement rate for consecutive limit-up stocks dropped to 23.08%, with a notable divergence in high-level stocks. Two previously high-profile stocks that achieved four consecutive limit-ups failed to advance further. Recent active funds have continued to gather around high-profile stocks involved in mergers and acquisitions or equity transfers. The stock "Minbao Optoelectronics," a merger and acquisition stock, achieved a significant turnover and maintained its four consecutive limit-ups. Meanwhile, stocks related to equity transfers, such as "Jiamei Packaging" and "Fenglong Co.," showed a weak-to-strong trend and reached historical highs. Despite the recent recovery in the consumer sector, the overall market sentiment remains poor due to the continued shrinkage of trading volume [3][4]. Sector Highlights - The Ministry of Commerce and eight other units recently issued a notice regarding the "2026 'Shopping New Spring' Special Activity Plan," signaling the start of the Spring Festival consumption peak. Benefiting from the release of several new films during the Spring Festival, the film sector has rebounded, with stocks like "Hengdian Film" recovering from previous declines. The retail sector has also seen significant gains, with stocks such as "Hangzhou Jiebai" and "Xinhua Du" hitting the daily limit. The liquor sector has performed well, with "Kweichow Moutai" achieving four consecutive gains, bringing its total market value close to 1.95 trillion yuan. The financial sector has shown strength in the afternoon, reflecting a recovery in some city commercial banks' performance [5][7]. Technology and Cloud Services - Following price increases by major North American cloud service providers like Google and Amazon, domestic cloud service providers are under scrutiny regarding when they will implement price hikes. The emergence of the open-source AI assistant "OpenClaw" has sparked interest among domestic cloud providers, leading to a resurgence in the computing power leasing concept. Stocks such as "Qunxing Toys" and "Erli San" have rebounded significantly. The latest financial report from Infineon, a power semiconductor giant, exceeded expectations, indicating that power semiconductors may become a new growth area under the increasing demand for data center power [6][9]. Investment Trends - In January 2026, the number of new investor accounts reached 4.9158 million, a month-on-month increase of 89% and a year-on-year surge of 213%. The fund market also saw a hot trend, with 546,300 new accounts opened, reflecting increases of 123.8% month-on-month and 168.7% year-on-year. The financial sector showed strong performance in the afternoon, with stocks like "Hualin Securities" hitting the daily limit. Internet financial platforms have outperformed traditional brokerages, with companies like "Tonghuashun" forecasting a more than 50% increase in net profit year-on-year [7][9]. Commercial Space and Aerospace - The U.S. Federal Communications Commission (FCC) has accepted SpaceX's application to build a non-geostationary satellite system, leading to a continued recovery in the commercial space sector. Stocks such as "Shenjian Co." and "Beimo High-Tech" hit the daily limit, while previously popular stocks in the space photovoltaic sector have cooled down. The acceleration of the space photovoltaic concept is closely related to Elon Musk's plans for significant expansion, with several companies issuing clarifications regarding rumors in the industry [8][9].

Core Viewpoint - The short drama concept sector is experiencing significant growth, with several companies reaching their daily price limits and showing strong performance in the market [1] Group 1: Market Performance - The short drama concept sector has strengthened, with companies such as Zhejiang Wenying, Hengdian Film, Tiandi Online, and Yaowang Technology hitting the daily limit [1] - Other notable performers include Xingfu Lanhai, Xuanya International, and Bona Film, which have shown considerable gains [1]

Core Viewpoint - The advertising and marketing sector experienced a decline of 4.2% on February 4, with Tian Di Online leading the drop, while the overall stock market indices showed slight increases [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4102.2, up 0.85% [1]. - The Shenzhen Component Index closed at 14156.27, up 0.21% [1]. Group 2: Individual Stock Performance - Tian Di Online (002995) saw a significant drop of 10.00%, closing at 33.29, with a trading volume of 308,900 shares and a transaction value of 1.055 billion [2]. - Other notable declines included InSai Group (300781) down 9.39% to 48.84, and YiDianTianXia (301171) down 9.25% to 63.85 [2]. - The top gainer was SanRenXing (605168), which increased by 4.15% to 41.64, with a transaction value of 320 million [1]. Group 3: Capital Flow - The advertising and marketing sector experienced a net outflow of 6.727 billion in main funds, while retail investors saw a net inflow of 5.481 billion [2][3]. - The main funds showed a net inflow of 39.924 million into SanRenXing (605168), while other stocks like FenZhongChuanMei (002027) and JiaYunKeJi (300242) experienced net outflows [3].