证券代码：300144 证券简称：宋城演艺 公告编号：2025-044 宋城演艺发展股份有限公司 关于2023年限制性股票激励计划调整回购价格及回购注销 部分第一类限制性股票的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 宋城演艺发展股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开 第九届董事会第二次会议，审议通过了《关于 2023 年限制性股票激励计划调整 回购价格的议案》《关于 2023 年限制性股票激励计划回购注销部分第一类限制 性股票的议案》，其中《关于 2023 年限制性股票激励计划回购注销部分第一类 限制性股票的议案》尚需提交公司股东会审议。现将有关事项说明如下： 一、本次激励计划已履行的审批程序 1、2023 年 8 月 30 日，公司召开第八届董事会第七次会议，审议并通过了 《关于公司<2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于公 司<2023 年限制性股票激励计划实施考核管理办法>的议案》《关于提请公司股 东大会授权董事会办理公司 2023 年限制性股票激励计划有关事项的议案》等议 案。公司独立董事 ...

上海君澜律师事务所 关于 宋城演艺发展股份有限公司 2023 年限制性股票激励计划 调整第一类限制性股票回购价格及 回购注销部分第一类限制性股票相关事项 之 法律意见书 二〇二五年八月 上 海 君 澜 律 师 事 务 所 法律意见书 上海君澜律师事务所 关于宋城演艺发展股份有限公司 2023 年限制性股票激励计划 调整第一类限制性股票回购价格及 回购注销部分第一类限制性股票相关事项之 法律意见书 致：宋城演艺发展股份有限公司 上海君澜律师事务所（以下简称"本所"）接受宋城演艺发展股份有限公 司（以下简称"公司"或"宋城演艺"）的委托，根据《上市公司股权激励管 理办法》（以下简称"《管理办法》"）《深圳证券交易所创业板股票上市规 则》（以下简称"《上市规则》"）《深圳证券交易所创业板上市公司自律监 管指南第 1 号—业务办理》（以下简称"《监管指南》"）《宋城演艺发展股 份有限公司 2023 年限制性股票激励计划》（以下简称"《激励计划》"或"本 次激励计划"）的规定，就宋城演艺本次激励计划调整第一类限制性股票回购 价格及回购注销部分第一类限制性股票的相关事项（以下简称"本次调整及回 购注销"）出具本法律意见书 ...

Group 1 - The company's operating revenue for the first half of 2025 is 1.08 billion, representing a year-on-year decrease of 8.30% [1] - The net profit for the same period is 400 million, showing a year-on-year decline of 27.40% [1]

宋城演艺发展股份有限公司 2025 年半年度报告全文 宋城演艺发展股份有限公司 2025 年半年度报告 公告编号：2025-042 2025 年 8 月 27 日 1 宋城演艺发展股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 公司负责人商玲霞、主管会计工作负责人陈胜敏及会计机构负责人(会计 主管人员)朱莎娜声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面的内容，均不构成本公 司对任何投资者及相关人士的实质承诺，投资者及相关人士均应对此保持足 够的风险认识，并且应当理解计划、预测与承诺之间的差异。 请投资者注意阅读本报告"第三节 管理层讨论与分析"之"十、公司面临的 风险和应对措施"对公司风险提示的相关内容，敬请广大投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | 宋城演艺发展股份有限公司 2025 年半年度 ...

Group 1 - The tourism and scenic spots sector increased by 0.58% on August 26, with Dalian Shengya leading the gains [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] - Dalian Shengya's closing price was 33.53, reflecting a rise of 3.49% with a trading volume of 90,000 shares and a transaction value of 299 million yuan [1] Group 2 - The sector experienced a net outflow of 134 million yuan from main funds, while retail investors saw a net inflow of 76.28 million yuan [2] - The top gainers included Changzi Mountain and Xiangyuan Cultural Tourism, with closing prices of 43.68 and 8.10 respectively, showing increases of 3.38% and 2.14% [1][2] - The main funds' net inflow for Dalian Shengya was 26.71 million yuan, while retail investors had a net outflow of 25.09 million yuan [3]

Market Overview - The Shanghai Composite Index closed at 3883.56 points, above the six-month moving average, with an increase of 1.51% [1] - The total trading volume of A-shares reached 31,769.48 million yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 83 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - ST Yilianzhong (18.16%) - Kunlun Technology (7.79%) - Huazhi Wine (7.67%) [1] Detailed Stock Performance - The following table summarizes the performance of selected stocks that broke the six-month moving average: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Six-Month Average (yuan) | Latest Price (yuan) | Deviation Rate (%) | | --- | --- | --- | --- | --- | --- | --- | | 300096 | ST Yilianzhong | 19.90 | 6.74 | 4.08 | 4.82 | 18.16 | | 831152 | Kunlun Technology | 11.70 | 11.86 | 20.98 | 22.62 | 7.79 | | 300755 | Huazhi Wine | 8.88 | 5.96 | 18.21 | 19.61 | 7.67 | | 600539 | Shitou Co. | 10.02 | 11.47 | 11.30 | 11.97 | 5.94 | | 603198 | Yingjia Wine | 7.22 | 2.79 | 44.61 | 47.08 | 5.54 | | 000002 | Vanke A | 9.15 | 8.16 | 6.81 | 7.16 | 5.20 | | 688646 | ST Yifei | 5.53 | 4.39 | 31.37 | 32.82 | 4.63 | | 003041 | True Love Home | 4.93 | 6.05 | 28.37 | 29.59 | 4.29 | | 839371 | Oufu Industry | 4.59 | 4.82 | 11.15 | 11.62 | 4.20 | | 601933 | Yonghui Supermarket | 5.04 | 5.91 | 5.03 | 5.21 | 3.66 | | 600325 | Huafa Co. | 4.19 | 4.88 | 5.05 | 5.22 | 3.37 | | 601238 | GAC Group | 3.04 | 1.05 | 7.89 | 8.13 | 3.00 | | 600657 | Xinda Real Estate | 3.16 | 2.50 | 4.13 | 4.25 | 2.91 | | 603108 | Runda Medical | 3.00 | 7.99 | 18.43 | 18.90 | 2.54 | | 600988 | Chifeng Gold | 4.03 | 5.40 | 24.67 | 25.30 | 2.54 | | 000069 | Overseas Chinese Town A | 3.86 | 3.88 | 2.36 | 2.42 | 2.44 | | 600872 | Zhongju Gaoxin | 3.29 | 4.97 | 19.37 | 19.78 | 2.14 | | 003000 | Jin Zai Food | 2.46 | 7.48 | 13.07 | 13.35 | 2.13 [1]

Market Overview - On August 25, the tourism and scenic spots sector rose by 0.46% compared to the previous trading day, with Zhongxin Tourism leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Stock Performance - Key stocks in the tourism and scenic spots sector showed varied performance, with Zhongxin Tourism closing at 8.04, up 1.77%, and Lingnan Holdings at 13.30, up 1.53% [1] - Other notable performers included Songcheng Performance at 66.8, up 1.47%, and Emei Mountain A at 14.00, up 0.86% [1] Trading Volume and Value - The trading volume and value for key stocks were significant, with Zhongxin Tourism recording a volume of 481,900 shares and a transaction value of 385 million [1] - Lingnan Holdings had a trading volume of 199,900 shares and a transaction value of 265 million [1] Capital Flow - The tourism and scenic spots sector experienced a net outflow of 207 million from main funds, while retail investors saw a net inflow of 287 million [2][3] - Notable capital flows included Zhongxin Tourism with a net inflow of 20.3 million from retail investors, despite a net outflow from main funds [3] Individual Stock Analysis - Zhongxin Tourism had a main fund net inflow of 20.3 million, while Songcheng Performance saw a net inflow of 14.4 million from main funds [3] - Conversely, Lingnan Holdings experienced a net outflow of 20.9 million from main funds [3]

来源：金融界 金融界8月25日消息，有投资者在互动平台向宋城演艺提问："有数据显示，整个A股市场，自去年8月 至今，有300余公司是下跌的，宋城演艺是其中一个，请问公司如何解读这个现象？" 针对上述提问，宋城演艺回应称："您好，从数据显示，自去年8月起至今公司股价是上涨的。二级市场 股价受宏观环境、行业政策、市场偏好等多重因素影响，敬请理性决策，注意投资风险。感谢您的关 注。" ...

Core Viewpoint - The tourism and scenic area sector experienced a rise of 0.64% on August 22, with Xiyu Tourism leading the gains. The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1]. Group 1: Stock Performance - Xiyu Tourism (300859) saw a closing price of 45.08, with an increase of 8.52% and a trading volume of 271,100 shares, amounting to a transaction value of 1.201 billion yuan [1]. - Changbai Mountain (6602099) closed at 42.10, up 2.33%, with a trading volume of 125,300 shares and a transaction value of 523 million yuan [1]. - Xi'an Tourism (000610) closed at 13.75, up 1.40%, with a trading volume of 316,000 shares and a transaction value of 431 million yuan [1]. - Other notable performers include Jiuhua Tourism (661809) at 37.35 (+1.00%), Songcheng Performance (300144) at 8.86 (+0.80%), and Xiangyuan Cultural Tourism (600576) at 7.92 (+0.51%) [1]. Group 2: Market Trends - The tourism and scenic area sector experienced a net outflow of 192 million yuan from main funds, while retail investors saw a net inflow of 238 million yuan [2]. - The overall market sentiment indicates a mixed performance, with some stocks experiencing declines, such as Tibet Tourism (600749) down 2.96% and Caesar Travel (000796) down 1.49% [2].

Core Viewpoint - The performance of "Only Emei Mountain" has been suspended for two months due to significant financial losses, confirmed by the latest half-year report from Emei Mountain Tourism Co., Ltd. [1][3] Financial Performance - The subsidiary responsible for the project, Emei Mountain Cloud Tourism Investment Co., Ltd., reported revenue of only 8.47 million yuan and a net loss of 16.14 million yuan in the first half of the year [4][5] - Despite a total of 2.1 million visitors to the Emei Mountain scenic area, fewer than 30,000 paid to see the performance, indicating a severe shortfall in expected revenue [4][5] Project Background - "Only Emei Mountain" was launched on September 6, 2019, with an investment of 819 million yuan, aiming to create an innovative theatrical experience across three different venues [3][4] - The ticket pricing strategy includes a base price of 298 yuan per venue, with total costs for a complete experience reaching approximately 500-600 yuan per person [3][4] Audience Reception - Audience feedback has been mixed, with some finding the price too high and the experience lacking in engagement, while others appreciated the artistic direction and production quality [5][6] - The project has faced challenges in attracting a broader audience, particularly among casual tourists who may not resonate with the artistic content [5][6] Industry Context - The financial struggles of "Only Emei Mountain" reflect broader issues in the live performance industry, where high initial investments and ongoing operational costs can lead to unsustainable business models [9][10] - Successful models in the industry, such as Song City Performing Arts, have shifted towards a light asset model, focusing on creative and operational flexibility to mitigate financial risks [10][11]