证券代码：300295 证券简称：三六五网 公告编号：2025-023 江苏三六五网络股份有限公司 第六届董事会第二次会议决议公告 公司董事会经审议同意将全资子公司南京极舍网络科技有限公司并入本公 司；并审议通过了本次合并相关的《合并协议》； 《关于吸收合并全资子公司的议案》具体内容详见中国证监会指定的创业板 信息披露网站。 一、审议通过了公司《2025 年半年度报告》全文和摘要 经审议，董事会认为：公司《2025 年半年度报告全文》及《2025 年半年度 报告摘要》的内容真实、准确、完整的反映了公司 2025 年 1-6 月公司经营的实 际情况，不存在任何虚假记载、误导性陈述或者重大遗漏；报告编制和审核的程 序符合法律、行政法规和中国证监会的规定。 公司《2025 年半年度报告全文》及《2025 年半年度报告摘要》详见中国证 券监督管理委员会指定的创业板信息披露网站。 表决结果：5 票赞成，0 票弃权，0 票反对。同意票占本次董事会有效表决 权票数的 100%，表决通过。 二、审议通过了公司《关于吸收合并全资子公司的议案》 因公司管理需要，公司拟吸收合并全资子公司南京极舍网络科技有限公司； 本公司及董事会全 ...

江苏三六五网络股份有限公司 关于吸收合并全资子公司的公告 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、本期吸收合并基本情况 证券代码：300295 证券简称：三六五网 公告编号：2025-026 为更好地整合公司资源，降低管理成本，江苏三六五网络股份有限公司（以 下简称：公司）于2025年8月26日召开的第六届董事会第二次会议审议通过了《关 于吸收合并全资子公司的议案》，拟以公司为主体吸收合并全资子公司南京极舍 网络科技有限公司（以下简称：南京极舍）；本次吸收合并完成后，南京极舍的 独立法人资格将依法注销，二者的全部业务、资产、债权债务、人员及其他一切 权利和义务由公司依法承继，公司将作为经营主体对吸收的资产和业务进行管理。 一般项目：软件开发；软件销售；信息技术咨询服务；数据处理和存储支持 服务；互联网数据服务；房地产经纪；房地产咨询；广告制作；广告发布；广告 设计、代理；业务培训（不含教育培训、职业技能培训等需取得许可的培训）； 社会经济咨询服务；会议及展览服务；建筑材料销售；电子产品销售（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动） ...

Financial Performance - The company's operating revenue for the first half of 2025 was ¥43,168,553.99, a decrease of 42.20% compared to ¥74,682,888.07 in the same period last year[18]. - The net profit attributable to shareholders was a loss of ¥8,226,488.47, representing a decline of 220.21% from a profit of ¥6,843,227.84 in the previous year[18]. - The net cash flow from operating activities decreased by 58.00%, amounting to ¥95,474,102.95 compared to ¥227,305,667.92 in the same period last year[18]. - The basic earnings per share were -¥0.04, a drop of 200.00% from ¥0.04 in the previous year[18]. - The company reported a significant increase in non-recurring losses, with a net loss of ¥13,890,343.93 after excluding non-recurring gains and losses, a decline of 418.97% from ¥4,354,772.29 in the previous year[18]. - The company's revenue for the reporting period was $43.17 million, a decrease of 42.20% compared to the same period last year, primarily due to the stabilization of the real estate market and a decline in revenue from real estate network marketing services[41]. - Operating costs decreased by 53.61% to $9.94 million, reflecting the drop in revenue and the absence of certain external service fees included in the previous year's costs[41]. - Research and development expenses were $7.49 million, down 12.37% year-over-year, indicating a focus on cost control amid declining revenues[41]. - The company reported a net increase in cash and cash equivalents of $287.28 million, up 30.15% from the previous year, attributed to the recovery of financial assets[41]. - The company experienced a 58.42% increase in credit impairment losses, primarily due to higher provisions for loan losses during the reporting period[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,187,683,729.11, down 2.00% from ¥1,211,940,556.09 at the end of the previous year[18]. - The net assets attributable to shareholders decreased by 0.73%, totaling ¥1,123,660,284.39 compared to ¥1,131,886,772.86 at the end of the previous year[18]. - The company's total assets included cash and cash equivalents amounting to $402.76 million, representing 33.91% of total assets, a significant increase from 24.38% in the previous year[48]. - Total liabilities decreased from ¥80,050,984.15 to ¥64,019,564.79, a reduction of approximately 20.0%[111]. - Current liabilities decreased from ¥79,237,216.92 to ¥63,393,449.34, a decline of about 20.0%[111]. - Total current assets decreased to ¥964,656,469.46 from ¥988,594,966.96, showing a reduction of approximately 2.4%[109]. Business Strategy and Market Conditions - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company faces risks related to the continued downturn in the real estate market and performance below expectations[3]. - The company plans to expand its "365 Tao House" business by integrating online and offline channels in Hefei, aiming for efficient conversion and revenue growth[32]. - The "365 Financial Services" business is exploring new products, particularly in non-performing asset disposal, to enhance revenue streams[33]. - The company is actively seeking investment and acquisition opportunities outside the real estate sector to explore new growth directions[35]. - The company aims to enhance its risk control measures in the financial services sector, focusing on stricter loan approval and management processes[34]. - The real estate market is expected to stabilize, but the recovery process may be volatile and requires continued policy support from central and local governments[27]. - The company has a strong competitive advantage due to its extensive platform and customer resources, as well as its deep understanding of the real estate market and internet operations[36]. Shareholder Information - The total number of shares before the change was 189,613,714, with a total of 100% ownership[97]. - The number of restricted shares was 22,087,800, representing 11.65% of total shares[96]. - The number of unrestricted shares was 167,525,888, accounting for 88.35% of total shares[96]. - The largest shareholder, Hu Guanghui, holds 15.15% of shares, totaling 28,727,950[98]. - The second-largest shareholder, Jiang Ning, holds 1.96% of shares, totaling 3,714,858[98]. - The third-largest shareholder, Wang Ping, holds 1.72% of shares, totaling 3,270,400[98]. - The fourth-largest shareholder, Jiang Zaigui, holds 0.75% of shares, totaling 1,420,000[98]. - There were no changes in the number of shares held by major shareholders during the reporting period[98]. - The company did not report any share buyback progress or other significant share changes[97]. - The total number of shareholders at the end of the reporting period was 22,529[98]. Compliance and Governance - The company maintains a strong compliance culture and has not faced any major legal violations during the reporting period[68]. - There were no significant changes in major shareholders or related party transactions during the reporting period[71][72]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[66]. - The company has assessed its ability to continue as a going concern for the next 12 months and found no issues affecting this capability[150]. - The accounting policies comply with the enterprise accounting standards, ensuring a true and complete reflection of the company's financial status[152]. Future Outlook - The company plans to expand its market presence through new product launches and technological advancements[130]. - The user base has grown significantly, with a reported increase of 1.1 million new users in the last quarter[130]. - The company has set a performance guidance for the next quarter, expecting a revenue growth of approximately 5%[130]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[130]. - The company plans to cancel 1,211,000 shares repurchased in 2021, reducing registered capital to 189.6137 million RMB[143].

Market Performance - On August 25, the digital media sector rose by 2.31%, with "Zhi De Mai" 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] Individual Stock Performance - "Zhi De Mai" (300785) closed at 36.92, up 6.31% with a trading volume of 265,600 shares and a turnover of 964 million yuan [1] - "Mango Super Media" (300413) closed at 27.09, up 6.11% with a trading volume of 583,500 shares and a turnover of 1.523 billion yuan [1] - "Na Yue Technology" (603533) closed at 22.46, up 5.05% with a trading volume of 307,500 shares and a turnover of 676 million yuan [1] - "Visual China" (000681) closed at 22.24, up 1.46% with a trading volume of 506,200 shares and a turnover of 1.126 billion yuan [1] Capital Flow Analysis - The digital media sector saw a net inflow of 84.871 million yuan from institutional investors, while retail investors experienced a net outflow of 21.647 million yuan [2] - "Mango Super Media" had a net inflow of 13.8 million yuan from institutional investors, but retail investors withdrew 80.882 million yuan [3] - "Visual China" experienced a net outflow of 1.4743 million yuan from institutional investors, while retail investors had a net inflow of 3.2268 million yuan [3]

Market Overview - On August 21, the digital media sector experienced a slight decline of 0.06%, with Chuanwang Media leading the drop [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Stock Performance - Notable stock performances in the digital media sector included: - Xinhua Net (603888) closed at 20.30, up 1.05% with a trading volume of 132,300 shares and a turnover of 268 million yuan - Shining Star (002095) closed at 22.46, up 0.85% with a trading volume of 230,300 shares and a turnover of 521 million yuan - People's Daily (603000) closed at 21.74, up 0.74% with a trading volume of 187,900 shares and a turnover of 407 million yuan - Chuanwang Media (300987) closed at 19.49, down 1.22% with a trading volume of 78,100 shares and a turnover of 154 million yuan [1][2] Capital Flow - The digital media sector saw a net outflow of 120 million yuan from institutional investors, while retail investors contributed a net inflow of 113 million yuan [2] - The capital flow for specific stocks included: - People's Daily (603000) had a net inflow of 19.66 million yuan from institutional investors, while retail investors had a net outflow of 10.59 million yuan [3] - Xinhua Net (603888) experienced a net inflow of 16.98 million yuan from institutional investors, with a net outflow of 4.36 million yuan from retail investors [3] - Chuanwang Media (300987) had a net outflow of 18.30 million yuan from institutional investors, while retail investors had a net inflow of 9.26 million yuan [3]

Group 1 - The stock price of Sanliu Wu (300295) closed at 15.13 yuan on August 19, 2025, with an increase of 1.0% and a turnover rate of 5.94% [1] - The company's latest quarterly report shows total revenue of 22.35 million yuan, a year-on-year decrease of 43.05%, and a net profit attributable to shareholders of 2.03 million yuan, down 131.10% year-on-year [1] - The company has a current ratio of 18.495, a quick ratio of 18.495, and a debt-to-asset ratio of 4.45% [1] Group 2 - Jiangsu Sanliu Wu Network Co., Ltd. was established in 2006 and is located in Nanjing, primarily engaged in internet and related services [2] - The company has invested in 42 enterprises and participated in 84 bidding projects, holding 52 trademark registrations and 5 patents [2]

Market Overview - On August 19, the digital media sector rose by 0.19% compared to the previous trading day, with Xinhua Net leading the gains [1] - The Shanghai Composite Index closed at 3727.29, down 0.02%, while the Shenzhen Component Index closed at 11821.63, down 0.12% [1] Stock Performance - Xinhua Net (603888) closed at 20.08, up 1.31% with a trading volume of 185,800 shares and a transaction value of 373 million [1] - Visual China (000681) closed at 21.54, up 1.13% with a trading volume of 583,200 shares and a transaction value of 1.262 billion [1] - 365 Network (300295) closed at 15.13, up 1.00% with a trading volume of 99,500 shares and a transaction value of 151 million [1] - Other notable stocks include People's Daily (603000) at 21.67, up 0.51%, and Mango Super Media (300413) at 26.38, down 0.26% [1] Capital Flow - The digital media sector experienced a net outflow of 320 million from institutional investors, while retail investors saw a net inflow of 256 million [2] - The overall capital flow indicates that while institutional investors withdrew funds, retail investors were actively buying into the sector [2] Individual Stock Capital Flow - Visual China saw a net inflow of 39.35 million from institutional investors, but a net outflow of 26.08 million from retail investors [3] - Xinhua Net had a net inflow of 6.04 million from institutional investors, with a net outflow of 9.31 million from retail investors [3] - People's Daily experienced a net outflow of 8.47 million from institutional investors, while retail investors contributed a net inflow of 21.97 million [3]

Market Performance - The digital media sector increased by 1.19% on August 15, with Fengyuzhu leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] Individual Stock Performance - Fengyuzhu (603466) closed at 10.73, up 3.97% with a trading volume of 290,000 shares and a turnover of 308 million yuan [1] - Caocreative Information (66ZI0E) closed at 66.06, up 2.99% with a trading volume of 27,100 shares and a turnover of 178 million yuan [1] - Fantou Digital (301313) closed at 26.90, up 1.74% with a trading volume of 31,400 shares and a turnover of 83.93 million yuan [1] - Visual China (000681) closed at 20.70, up 1.72% with a trading volume of 239,100 shares and a turnover of 492 million yuan [1] - Mango Super Media (300413) closed at 22.61, up 1.71% with a trading volume of 243,700 shares and a turnover of 548 million yuan [1] Capital Flow Analysis - The digital media sector experienced a net outflow of 4.3061 million yuan from institutional investors, while retail investors saw a net inflow of 39.2691 million yuan [2][3] - The main capital inflow was observed in Mango Super Media with a net inflow of 47.7186 million yuan, while Fengyuzhu had a net inflow of 30.2955 million yuan [3] - Visual China experienced a significant net outflow of 10.1819 million yuan from institutional investors [3]

Market Overview - On August 14, the digital media sector declined by 1.28%, with ZhiDeMai leading the drop [1] - The Shanghai Composite Index closed at 3666.44, down 0.46%, while the Shenzhen Component Index closed at 11451.43, down 0.87% [1] Stock Performance - Notable stock performances included: - *ST Fanli: Closed at 4.62, up 5.00% with a trading volume of 180,400 shares [1] - ZhiDeMai: Closed at 34.00, down 3.57% with a trading volume of 101,500 shares [2] - Visual China: Closed at 20.36, down 2.35% with a trading volume of 311,100 shares [2] - The overall trading volume and turnover for the digital media sector were significant, with ZhiDeMai's turnover reaching 3.49 million [2] Capital Flow - The digital media sector experienced a net outflow of 222 million yuan from institutional investors, while retail investors saw a net inflow of 201 million yuan [2][3] - The capital flow for individual stocks showed: - People's Daily: Net inflow of 40.26 million yuan from institutional investors [3] - *ST Fanli: Net inflow of 23.14 million yuan from institutional investors [3] - Three Sixty-Five Network: Net outflow of 20.07 million yuan from institutional investors [3]

Market Overview - The Shanghai Composite Index is at 3701.99 points, with a change of +0.50% [1] - The total trading volume of A-shares is 103.51 billion yuan [1] Technical Analysis - 96 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Dengyun Co., Ltd. (002715) with a distance of -1.02% [1] - United Chemical (301209) with a distance of -0.93% [1] - Guangsheng Nonferrous (600259) with a distance of -0.79% [1] Individual Stock Performance - Dengyun Co., Ltd. (002715) has decreased by 2.88% with a latest price of 16.87 yuan [1] - United Chemical (301209) has decreased by 0.17% with a latest price of 92.78 yuan [1] - Guangsheng Nonferrous (600259) has decreased by 0.81% with a latest price of 58.82 yuan [1] - Other notable stocks with declines include: - Guoneng Rixin (301162) down 2.29% [1] - Daqian Energy (688303) down 2.44% [1] - Yijiahe (603666) down 0.43% [1] Additional Stock Data - Stocks with minor declines include: - Ningbo Bank (002142) up 0.25% with a latest price of 28.25 yuan [2] - Huayang New Materials (600281) down 0.59% with a latest price of 6.75 yuan [2] - The overall trend indicates a cautious market sentiment with several stocks experiencing downward pressure [1][2]