Core Viewpoint - Songcheng Performance received a warning letter from the Zhejiang Securities Regulatory Bureau due to accounting errors in its 2022 annual report, leading to significant adjustments in reported profits [1][2]. Group 1: Accounting Errors and Regulatory Actions - The company adjusted its 2022 total profit and net profit downwards by 57.404 million yuan, which represented a decrease of 414.75% and 594.37% respectively from the previously reported figures [1]. - The errors were attributed to issues related to the investment accounting of its associate company, Huafang Group, which faced police investigation, preventing it from providing audited financial results [2]. - The Zhejiang Securities Regulatory Bureau issued a warning letter, marking the company's actions as violations of the disclosure management regulations [1][2]. Group 2: Impact of Huafang Group - Huafang Group's financial troubles led to a significant loss of 155 million yuan and an investment fair value loss of approximately 1.991 million yuan, necessitating corrections in Songcheng's financial statements [2]. - The company recorded an impairment provision of 861 million yuan for its long-term equity investment in Huafang Group due to industry downturns and regulatory pressures [3]. Group 3: Financial Performance - In 2024, Songcheng achieved revenue of 2.417 billion yuan, a year-on-year increase of 25.49%, and net profit of 1.049 billion yuan, marking a substantial turnaround with a growth of 1054.18% [5]. - Excluding the impact from Huafang Group, the adjusted net profit was 1.039 billion yuan, reflecting a 25.24% increase year-on-year [5]. Group 4: Business Model and Revenue Sources - The company's business model combines "theme parks + cultural performances," focusing on live performances as the primary revenue source, which generated nearly 2 billion yuan in 2024 with a gross margin of 60.84% [6]. - The tourism services segment, including light asset output and online ticket sales, contributed approximately 460 million yuan in revenue with a gross margin of 96.52% [6]. Group 5: Recent Developments and Future Outlook - In the first quarter of 2025, despite a significant increase in performance events, revenue only slightly increased by 0.26%, and net profit declined by 2.18% due to increased advertising expenditures [7]. - The company remains focused on its core business and has no immediate plans to diversify into other industries, expressing confidence in its development and industry prospects [5].

Group 1 - The summer travel market is experiencing a significant increase in demand, with a 70% rise in planned travelers and an 80% increase in transaction volume compared to last year [2] - Family-oriented travel, particularly for children, is expected to dominate the market, with over 60% of travelers being families [2] - The popularity of unique travel experiences is driving demand for customized and high-quality travel products [2][5] Group 2 - Various regions are launching special cultural and tourism activities to stimulate the summer market, including new travel products and promotional measures [4] - Companies are focusing on enhancing their competitiveness by leveraging technology and innovative content in their tourism offerings [6] - The holiday economy is becoming a crucial driver for tourism consumption, emphasizing the need for unique and high-quality tourism products [5][6]

一、合作协议签署概况 宋城演艺发展股份有限公司 2025 年 5 月 30 日，宋城演艺发展股份有限公司（以下简称"公司"）及全 资孙公司三亚宋城无边科技发展有限公司（以下简称"宋城无边"）与台州市开 发投资集团有限公司（以下简称"台州开投"）签署了《"东海千古情"大型演艺 项目合作协议书》（以下简称"原合作协议"），约定合作开发东海千古情大型演 艺项目（以下简称"本项目"），公司及宋城无边为本项目有偿提供一揽子服务并 接受委托对本项目进行日常经营管理，具体内容详见公司 2025 年 5 月 30 日于巨 潮资讯网（www.cninfo.com.cn）披露的《关于签订东海千古情项目合作协议的公 告》（公告编号：2025-025）。 关于日常经营重大合同的进展公告 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。 证券代码：300144 证券简称：宋城演艺 公告编号：2025-035 二、合作协议的进展情况 为便于推进本项目进展，公司与合作方台州开投协商一致，同意将提供一揽 子服务和受托经营管理的主体变更为公司及公司全资子公司杭州宋城旅游发展 有限公司（以下简称"宋城旅 ...

证券代码：300144 证券简称：宋城演艺 公告编号：2025-034 宋城演艺发展股份有限公司 根据公司第八届董事会第二十四次会议决议和2024年度股东大会决议，公司 按照"现金分红分配比例固定不变"的原则对现金分红总额进行调整，调整后的 分配方案如下：以公司现有总股本2,622,612,940股为基数，向全体股东以每10股 派 发 人 民 币 2.00 元 （ 含 税 ） 的 现 金 股 利 分 红 ， 合 计 派 发 现 金 红 利 人 民 币 二、本次实施的权益分派方案 本公司2024年度权益分派方案为：以公司现有总股本2,622,612,940股为基数， 向全体股东每10股派2.00元人民币现金（含税；扣税后，通过深股通持有股份的 香港市场投资者、境外机构（含QFII、RQFII）以及持有首发前限售股的个人和 证券投资基金每10股派1.80元；持有首发后限售股、股权激励限售股及无限售流 通股的个人股息红利税实行差别化税率征收，本公司暂不扣缴个人所得税，待个 人转让股票时，根据其持股期限计算应纳税额【注】；持有首发后限售股、股权 激励限售股及无限售流通股的证券投资基金所涉红利税，对香港投资者持有基金 ...

宋城演艺发展股份有限公司 2024 年度权益分派实施公告 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"本公司"或"公司"）2024 年度利 润分配方案已获 2025 年 5 月 20 日召开的 2024 年度股东大会审议通过，具体内 容详见披露于巨潮资讯网（www.cninfo.com.cn）的《2024 年度股东大会决议公 告》（公告编号：2025-021）。 现将权益分派事宜公告如下： 一、股东大会审议通过利润分配方案等情况 1、公司2024年度股东大会审议通过的2024年度利润分配方案为：拟以2024 年末总股本2,622,670,440股扣除拟回购注销的股权激励限售股70,000股后的股份 数2,622,600,440为基数，向全体股东每10股派发人民币2.00元（含税）的现金股 利分红，合计现金分红总额为人民币524,520,088.00元。若自本方案披露之日起至 实施权益分派股权登记日期间分配方案的股本基数发生变动的，公司将按照"现 金分红分配比例固定不变"的原则对现金分红总额进行调整。 证券代码：300144 证 ...

Core Viewpoint - Songcheng Performance received a warning letter from the Zhejiang Securities Regulatory Bureau due to significant accounting errors in its 2022 annual report, leading to substantial adjustments in profit figures [1][4][6]. Financial Adjustments - The company announced a reduction in total profit and net profit attributable to shareholders by 57.404 million yuan, which represented 414.75% and 594.37% of the pre-correction figures, respectively [1][3]. - The accounting errors were attributed to issues related to the investment accounting of its associate, Huafang Group, which faced legal investigations and audit material deficiencies [1][4]. Impact of Huafang Group - Huafang Group's financial troubles have led to a significant impact on Songcheng Performance's financial statements, necessitating a restatement of the 2022 annual report and subsequent quarterly reports for 2023 [4][5]. - As of April 27, 2023, Huafang Group had 136.1 million yuan of funds frozen due to ongoing investigations, which hindered the ability to obtain necessary audit evidence [4][5]. Management Response - The company stated that the accounting errors were due to objective conditions and emphasized that there was no subjective intent to misreport financials [6][5]. - The management acknowledged the need to strengthen internal controls and financial accounting systems to prevent such issues in the future [6]. Future Outlook - Despite the challenges posed by Huafang Group, Songcheng Performance reported a revenue increase of 25.49% in 2024, driven by strong performance in its key scenic areas [10][11]. - The company plans to enhance its market strategies and product offerings to adapt to changing consumer behaviors and market conditions [12][13].

宋城演艺发展股份有限公司 关于部分已授予限制性股票回购注销完成的公告 证券代码：300144 证券简称：宋城演艺 公告编号：2025-033 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。 特别提示： 1、宋城演艺发展股份有限公司（以下简称"公司"）本次回购注销限制性 股票 70,000 股，占本次回购注销限制性股票前总股本的 0.0027%，回购价格为 6.26 元/股（调整后），涉及激励对象人数 1 人，本次限制性股票的回购总金额为 438,200 元。 2、公司于 2025 年 6 月 19 日在中国证券登记结算有限责任公司深圳分公司 办理完成部分已授予限制性股票回购注销。 3、本次回购注 销完成 后，公司 的 总股本 由 2,622,682,940 股变更为 2,622,612,940 股。 公司于 2024 年 11 月 15 日召开第八届董事会第二十次会议、第八届监事会 第十三次会议，于 2025 年 5 月 20 日召开 2024 年度股东大会，审议通过了《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 的议案》。近日 ...

Core Viewpoint - Song City Performing Arts (300144.SZ) has been penalized by the Zhejiang Securities Regulatory Commission due to accounting errors influenced by its associate, Huafang Group [2][3]. Group 1: Accounting Errors and Penalties - On June 18, 2024, Song City announced it received a warning letter from the Zhejiang Securities Regulatory Commission regarding significant accounting errors [2]. - The errors involved a reduction of 57.404 million yuan in both total profit and net profit for 2022, representing 414.75% and 594.37% of the profits before correction, respectively [2]. - The commission found that the company's chairman, president, CFO, and board secretary were primarily responsible for the violations, leading to the issuance of warning letters to both the company and the individuals involved [2]. Group 2: Impact of Huafang Group - The accounting errors were attributed to the passive influence of Huafang Group, in which Song City holds a 35.35% stake [3]. - Huafang Group faced police investigations affecting its ability to provide audited financial results for 2022, which in turn impacted Song City's financial reporting [3]. - By March 15, 2024, Huafang Group disclosed an audited report that included an additional 155 million yuan in expected losses and approximately 19.91 million yuan in investment fair value losses [3]. Group 3: Financial Performance - In 2024, Song City reported significant recovery with revenues of 2.417 billion yuan, a year-on-year increase of 25.49%, and a net profit of 1.049 billion yuan, marking a 1054.18% increase [3]. - However, in the first quarter of 2025, the company experienced a slight revenue increase of 0.26% to 561 million yuan, while net profit decreased by 2.18% to 246 million yuan, indicating a situation of revenue growth without profit growth [4]. - Increased advertising expenditures in response to market competition and changing consumer behavior contributed to the rise in sales expenses, which reached 39.78 million yuan, a 49.86% increase year-on-year [4].

6月18日，宋城演艺（300144.SZ，股价8.78元，市值230.27亿元）发布公告称，公司于近日收到中国证 券监督管理委员会浙江监管局（以下简称"浙江证监局"）出具的《关于对宋城演艺发展股份有限公司及 相关人员采取出具警示函措施的决定》（以下简称"警示函"）。 浙江证监局认为，该行为违反了《上市公司信息披露管理办法》的相关规定，决定对公司及公司董事长 张娴、总裁商玲霞、财务总监陈胜敏、董事会秘书赵雪璎分别采取出具警示函的监管措施，并记入证券 期货市场诚信档案。 《每日经济新闻》记者获悉，2023年，宋城演艺的联营企业Huafang Group Inc.（花房集团）有一家参 股25%的公司被警方调查，导致花房集团无法向宋城演艺提供经核数师审核的年度业绩。宋城演艺的年 审会计师因此对公司2022年度财务报表发表了保留意见。2024年3月，花房集团在其2022年度原有的合 并报表基础上追加确认了1.55亿元预计损失和约1991万元投资公允价值损失，使得宋城演艺需要同步大 幅更正2022年财报。 记者了解到，花房集团为宋城演艺参股35.35%的联营企业，主要从事音视频直播娱乐及社交网络服 务。宋城演艺是花房集团 ...

证券代码：300144 证券简称：宋城演艺 公告编号：2025-032 宋城演艺发展股份有限公司 关于收到浙江证监局警示函的公告 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。 1 有管辖权的人民法院提起诉讼。复议和诉讼期间，上述监督管理措施不停止执行。 二、相关情况的说明 1、公司2022年会计差错系受参股的联营企业花房集团被动影响所致。 公司在编制和披露2022年年度报告时，花房集团因其一家参股25%的公司被 警方调查，无法向公司提供经核数师审核的2022年年度业绩；公司的年审会计师 无法获取与警方调查相关的详细信息，无法判断其对花房集团可能产生的影响， 对公司2022年度财务报表发表了保留意见。2023年4月28日，公司通过2022年年 度审计报告、2022年年度报告、董事会专项说明等对相关情况做出披露和说明， 提醒投资者关注，注意投资风险。 宋城演艺发展股份有限公司（以下简称"公司"）于近日收到中国证券监督 管理委员会浙江监管局（以下简称"浙江证监局"）出具的《关于对宋城演艺发 展股份有限公司及相关人员采取出具警示函措施的决定》（〔2025〕112号）（以 ...