北京光线传媒股份有限公司 购买资产公告 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、误导性陈述或重大遗漏。 一、交易概述 北京光线传媒股份有限公司（以下简称"公司"）与北京光曜致新冬城企业管理 咨询合伙企业（有限合伙）（以下简称"光曜致新"）、北京翰合投资管理有限公司 （以下简称"北京翰合"）签署了《买卖协议》，本次交易为承债式买卖交易，交易 所涉全部款项合计为人民币12.20亿元。交易完成后，公司将取得光曜致新和北京 翰合分别持有的北京棫霖企业管理有限公司（以下简称"北京棫霖"）99%、1%的 股权以及随附于其上的全部权利和利益，北京棫霖将成为公司持股100%的子公司。 北京棫霖为位于北京市朝阳区北苑路158号-1至5层101、推广名为北京奥林NEO大 楼的房地产物业的登记所有权人，本次交易完成后，公司将持有上述房产并作为 办公场所使用。 2025年3月6日，公司召开了第六届董事会第七次会议，以8票同意、0票反对、 0票弃权，审议通过了《关于购买资产的议案》。本次购买资产事项在公司董事会 决策权限内，无需提交股东大会审议。 本次交易不构成关联交易，也不构成《上市公司重大资产重组 ...

传媒 行业研究/行业周报 《哪吒 2》总票房突破 100 亿元，杭州拟出台全球数 贸港核心区建设方案 ——传媒行业周报（2025.02.10-2025.2.14） ◼ 核心观点 本周核心观点与重点要闻回顾 ◼ 投资建议 本周我们看好广告营销、影视院线、游戏等方面。 广告营销：建议关注分众传媒、易点天下等。 影视院线：建议关注光线传媒、猫眼娱乐、博纳影业、万达电影 等。 广告营销：AppLovin 和 Meta 等公司财报显示广告市场强劲反弹，产 业链有望受益。AppLovin 和 Meta 等公司近期财报显示广告市场强劲 反弹。AppLovin 受益于人工智能驱动的广告技术，四季度业绩超出 预期，并给出了一季度强劲的业绩指引。这表明移动游戏内广告市场 表现出色。其他类型的在线广告公司也展现出增长势头。例如， Meta、Snap 和 Alphabet 都公布了高于预期的广告收入，市场普遍看 好在线广告市场，尤其是在政治周期和假日季的推动下。 影视院线：《哪吒之魔童闹海》总票房突破 100 亿元人民币，相关 板块有望受益。2 月 13 日晚，中国动画电影《哪吒之魔童闹海》 （以下简称《哪吒 2》）总票房突破 10 ...

Market Overview - The A-share market experienced a slight increase, with technology growth stocks outperforming, as the Sci-Tech 50 and North Star 50 indices rose over 1%, and the Shenzhen Component and ChiNext indices reached new highs for the year [1] - The trading volume expanded to 1.97 trillion yuan, marking the second-highest level of the year [1] Sector Performance - AI healthcare, education and training, telecommunications, and humanoid robots sectors saw significant gains, while the film and television, gold, coal, and home appliance sectors faced declines [1] - The machinery equipment sector attracted over 10.1 billion yuan in net inflows, while electronics and telecommunications sectors received over 8.4 billion yuan and 7 billion yuan respectively [1] Company Focus - Light Media, benefiting from the success of "Nezha: The Devil's Child," experienced a significant price adjustment, with a peak touch of the daily limit before a sharp decline, closing down 14.6% with a turnover rate of 24.23% [1] - The stock's trading volume reached 22.35 billion yuan, making it the highest traded stock of the day [1] Recent Trends - Light Media faced a record net outflow of 5.372 billion yuan, marking the highest historical outflow, with a cumulative outflow of 9.23 billion yuan over eight consecutive days [2] - The film and television sector index dropped 8.99% due to Light Media's decline, impacting other companies like Wanda Film and Huace Film [2] Future Outlook - Analysts suggest that with the upcoming Two Sessions, market risk appetite may be receding, and attention should be paid to high-performing stocks that may face stagnation risks [3] - The overall market sentiment indicates a potential structural bull market, with a focus on sectors related to new consumption and domestic demand expansion [3]

Core Viewpoint - The stock of Light Media (300251) experienced significant volatility, initially hitting the daily limit up before quickly retreating, but later regained momentum, currently up over 8% with a trading volume exceeding 12 billion. The stock has surged approximately 264% over the past eight trading days [1]. Company Performance - The company announced that its operational situation remains normal, with no significant changes in the internal and external business environment. The major shareholders and actual controllers did not engage in any stock trading during the period of unusual stock fluctuations [1]. - The film "Nezha: Birth of the Demon Child," produced and distributed by the company, was released in mainland China on January 29, 2025, and is currently performing well in theaters [1]. Box Office Performance - As of February 16, at 15:45, the box office for "Nezha: Birth of the Demon Child" surpassed 11.7 billion. The AI box office forecast has been adjusted to predict a total box office of 15.042 billion [1]. - Analysts noted that the film's performance significantly exceeded market expectations, and it is anticipated to provide substantial support for Light Media's performance in the first quarter [1].

始于10年前的"投资"。 作者 I 周佳丽 报道 I 投资界PEdaily 《哪吒2》票房已超115亿元，继续冲击全球影史榜前十。 如此一幕，背后最大赢家浮现——光线传媒。作为《哪吒2》的主要出品方，光线传媒自春节后开盘以来，8天录得6板，市值飙涨720 亿元冲破1000亿元，创下历史最高纪录。 图源：《哪吒之魔童闹海》官方微博 回想20 23年，光线传媒董事长王长田在访谈中期待《哪吒2》带动中国电影票房进入70亿时代时，曾一度被群嘲。但没想到，《哪吒 2》很快攻破1 00亿大关。见证这足以载入史册的一幕，王长田在个人微博上回应： "百尺竿头，还有好多步。" 这一笔结缘自2 015年的投资，如今回报惊人——有投资者分析测算，光线传媒能从《哪吒2》分到超20亿元，堪称开年最高回报。 10年前投了哪吒 8天市值大涨720亿 故事从创造哪吒的导演饺子说起。 饺子原名杨宇，并非影视科班出身，大三开始自学动画，毕业后辞职回家专心创作自己的动画短片。2 008年，饺子耗费三年精心打造 的《打，打个大西瓜》一炮而红，国内外大奖拿到手软。 此时的他坚信，靠作品说话，中国的动画产业未来一定有光明。但之后的6年，饺子还是回到了籍 ...

Core Viewpoint - The film "Nezha 2" has set multiple box office records, significantly boosting the stock performance of its main producer, Light Media, which has seen a stock price increase of over 200% since the film's release [1][2][3] Group 1: Box Office Performance - As of February 4, 2025, "Nezha 2" has achieved a box office revenue of approximately 4.84 billion yuan, exceeding 50% of Light Media's audited annual revenue [1][2] - The film has become the first in Chinese history to surpass 10 billion yuan in box office revenue, with projections suggesting total earnings could exceed 16 billion yuan [2][3][4] - "Nezha 2" has broken multiple records, including the highest box office for a single film during the Spring Festival period, achieving over 4.8 billion yuan in just eight days [3][4] Group 2: Company Financials - Light Media reported a revenue of 1.546 billion yuan in 2023, a year-on-year increase of 104.74%, with a net profit of 418 million yuan, up 158.62% [2] - For the first three quarters of 2024, the company achieved a revenue of 1.442 billion yuan, reflecting a year-on-year growth of 53.37%, and a net profit of 461 million yuan, up 25.08% [2] Group 3: Market Impact and Future Prospects - The success of "Nezha 2" has elevated the box office ceiling for Chinese films and has encouraged local filmmakers, showcasing the resilience and growth potential of the Chinese film market [4] - The film is set to release in international markets, including Australia, New Zealand, and North America, which may further enhance its global presence and revenue [3][4]

北京光线传媒股份有限公司 证券代码：300251 证券简称：光线传媒 公告编号：2025-009 北京光线传媒股份有限公司 股票交易异常波动的公告 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、误导性陈述或重大遗漏。 一、股票交易异常波动的具体情况 北京光线传媒股份有限公司（以下简称"公司"或"本公司"）股票交易连续 2 个交易日内（2025 年 2 月 12 日至 2025 年 2 月 13 日）收盘价格涨幅偏离值累计 超过 30%，根据深圳证券交易所的有关规定，属于股票交易异常波动的情形。 公司已于 2025 年 2 月 6 日在符合条件的创业板信息披露网站上披露了《股票 交易异常波动的公告》（公告编号：2025-007）；于 2025 年 2 月 11 日在符合条件的 创业板信息披露网站上披露了《股票交易异常波动暨严重异常波动的公告》（公告 编号：2025-008）。请广大投资者理性投资，注意风险。 二、公司关注并核实情况的说明 针对公司股票交易异常波动情况，公司董事会已进行自查，并向公司控股股 东、实际控制人就相关事项进行了核实，现就有关情况说明如下： （一）公司及子公司出 ...

Summary of the Conference Call on Light Chaser Animation Company Overview - The conference call focuses on Light Chaser Animation, a prominent player in the animation film industry in China, particularly regarding its recent film "Nezha 2" and its impact on the company's performance and market valuation [1][2]. Key Points and Arguments - **Box Office Expectations for "Nezha 2"**: The film is projected to achieve a box office of over 16 billion RMB. The anticipation has led to a significant increase in Light Chaser's stock price, which has more than doubled since the beginning of the year [3][4]. - **Profit Projections**: If "Nezha 2" reaches 16 billion RMB in box office, it could generate approximately 2.8 billion RMB in gross profit for Light Chaser. Should it hit 20 billion RMB, the gross profit could rise to about 3.6 billion RMB. The company's market valuation could potentially reach 90-100 billion RMB by 2025 [4][6]. - **Cultural Impact and Audience Engagement**: "Nezha 2" is expected to become the first Chinese film to enter the global box office top five, driven by national cultural confidence and patriotism, resulting in high audience turnout and repeat viewings [4][7]. - **Future IP Development**: Light Chaser plans to leverage its IPs and develop a mythological universe, which will enhance its derivative product business and stabilize its revenue streams, even in the absence of blockbuster films [4][9]. - **Market Valuation Shift**: The company's previous market valuation center was around 30 billion RMB, but with the formation of its IP matrix, it is expected to rise to 40-50 billion RMB, with potential for further increases based on market sentiment and performance [4][10]. - **Derivative Market Potential**: The derivative market for Light Chaser is seen as having significant growth potential. If "Nezha" achieves 15 billion RMB in box office, the corresponding derivative market could reach 60 billion RMB, indicating a substantial profit margin [4][11]. - **Current Trading Dynamics**: Recent trading activity shows a shift in pricing power from institutions to retail investors, indicating a change in market sentiment and focus on box office performance [5]. Additional Important Insights - **Long-term Profitability**: While replicating the success of "Nezha 2" may be challenging, the company anticipates generating 2-3 major IP films annually, contributing 2-3 billion RMB in profits each year, alongside additional revenue from live-action films and derivative products [8][9]. - **International Expansion**: Light Chaser is actively pursuing international markets, with "Nezha 2" already showing strong performance in regions like North America and Australia, primarily among Chinese audiences [14]. - **Cultural Industry Globalization**: The call highlights the increasing global influence of Chinese cultural products, with successful IPs like "Nezha" paving the way for further international opportunities [13]. Conclusion - Light Chaser Animation is positioned for significant growth driven by the success of "Nezha 2" and its strategic focus on IP development and derivative products. The company's market valuation is expected to rise substantially, reflecting its potential in both domestic and international markets [4][10][19].

以下文章来源于Tech星球 ，作者林京 Tech星球 . Tech星球，聚焦互联网前沿科技和新商业。 谁在靠哪吒狂赚？ 作者 | 林京 来源 | Tech星球 （ID：tech618） 《哪吒2》电影票房不断刷新记录之后，庞大的观影人群，也让售卖哪吒周边衍生品的线 下门店客流暴增。 北京某商场里的一位卡游店员向Tech星球表示，这几天，在店门口哪吒和敖丙的人形立 牌打卡拍照人数，一度超过进店人数，放置在门店中心位置的"小马宝莉"IP不再是门店 顶流，而在其背后的哪吒周边衍生品不断有消费者前来咨询，员工不得不一遍又一遍重 复"已经没货"的通知。 截至目前，《哪吒2》电影票房已突破86亿，观影人次达1.62亿，登顶中国影史票房冠 军之后，又冲进全球影史票房榜前30名。 在电影院意犹未尽的观众，将目光投向了哪吒联名周边。 在卡牌、盲盒的线下门店里，以往都是圈内资深小众玩家进店，现在店员们很容易就能 辨别出哪些是新用户，因为他们并不了解最基本的端盒和隐藏款概念。比如，泡泡玛特 推出的《哪吒2》系列盲盒中，隐藏款"灵珠版哪吒"的抽取概率为1/96。一些消费者为 了抽到一张卡游推出的《哪吒2》SP卡（稀有卡牌），选择花费 ...

北京光线传媒股份有限公司 北京光线传媒股份有限公司 证券代码：300251 证券简称：光线传媒 公告编号：2025-008 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、误导性陈述或重大遗漏。 一、股票交易异常波动暨严重异常波动的具体情况 股票交易异常波动暨严重异常波动的公告 北京光线传媒股份有限公司（以下简称"公司"或"本公司"）股票交易连续 2 个交易日内（2025 年 2 月 10 日至 2025 年 2 月 11 日）收盘价格涨幅偏离值累计超 过 30%，根据深圳证券交易所的有关规定，属于股票交易异常波动的情形。 同时，公司股票交易连续 5 个交易日内（2025 年 2 月 5 日至 2025 年 2 月 11 日）收盘价格涨幅偏离值累计超过 100%，根据深圳证券交易所的有关规定，属于 股票交易严重异常波动的情形。 公司已于 2025 年 2 月 6 日在符合条件的创业板信息披露网站上披露了《股票 交易异常波动的公告》（公告编号：2025-007）。请广大投资者理性投资，注意风险。 二、公司关注并核实情况的说明 针对公司股票交易异常波动暨严重异常波动情况，公司董事会已进行 ...