证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2015-002 | --- | --- | --- | |---------------------|--------------------|------------------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系 活动类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □其他 | | | | | 摩根士丹利华鑫基金管理有限公司：徐达（基金经理助理） | | | | 申万宏源证券股份有限公司研究所：牟晓凤（传媒行业分析 | | 参与单位名称及 | 师） | | | 人员姓名 | | 信诚基金管理有限公司：单慧金（股票投资分析师） | | | | 嘉实基金管理有限公司：刘晗竹（投资经理助理） | | | | 银华基金管理有限公司：陈梦舒（研究员） | | 时间 | 2015 年 | 4 月 21 日 14:00-15:3 ...

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号：2015-001 | --- | --- | --- | |--------------|------------------------------|----------------------------------------------------| | | | | | | □ | 特定对象调研 √分析师会议 | | 投资者关系活 | □ 媒体采访 □业绩说明会 | | | 动类别 | □ 新闻发布会 | □路演活动 | | | □ 现场参观 | | | | □其他 | （请文字说明其他活动内容） | | | 新华基金 | 行业分析师 陈淋汐 | | | 鹏华基金 | 基金经理 谢书英 | | 参与单位名称 | 广发基金 分析师 | 马龚 | | 及人员姓名 | 博时基金 | 高级研究员 蒋娜 | | | 泰达宏利基金 | 研究员 周琦凯 | | | 民生证券 研究员 | 陶冶 | | 时间 | 2015 年 3 月 25 日 | 下午 13:00-14:30 | | 地点 | 唐德影视会议室 | | | ...

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2015-009 | --- | --- | --- | |---------------------|----------------------------|--------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系 活动类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □其他 | | | 参与单位名称及 | | 民生证券股份有限公司：胡琛、吴清羽 | | 人员姓名 | | 东北证券股份有限公司：颜书影、 | | | | 国金证券股份有限公司：常兆亮、 | | | 恒世达昌科技有限公司：纪钢 | | | | | 合众资产管理股份有限公司；候云哲 | | | | 北京合众普惠投资管理有限公司：王式平 | | | 西南证券股份有限公司：刘言 | | | | 凯基证券亚洲有限公司：陈旭 | | 上海荣正投资咨询有限公司：刘佳、闫利平 中银国 ...

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2015-007 | --- | --- | --- | |---------------------|----------------|----------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系 活动类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □其他 | | | 参与单位名称及 | | 野村国际（香港）有限公司：陈晓诗、李菲、星璇 | | 人员姓名 | | 工银瑞信基金管理有限公司：单文 | | | | 中银国际英国保诚资产管理有限公司：杨煜 | | | | 高盛（亚洲）有限责任公司：温淑涵 | | | | 霸菱资产管理（亚洲）有限公司；罗瑩、吴宏奇 | | | 华夏基金：黄芳 | | | | | 英国施罗德集团上海代表处：张晓莹 | | | | 贝莱德资产管理北亚有限公司：刘雅俊 | | --- | --- | ...

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2015-005 | --- | --- | --- | |---------------------|-----------------------|--------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系 活动类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □其他 | | | | 宇鑫资本：李林锁 | | | | 悦达集团：陈林 | | | | 长城证券：金炜 张珂 | | | 参与单位名称及 | 天安财险：张博 | | | 人员姓名 | 银河证券：殷睿 郝艳辉 | | | | 野村国际：星璇 黄立舜 | | | | 长城资产：贾丽杰 | | | 时间 | 2015 年 6 月 1 日 | 14:00-15:00 | | --- | --- | |----------------|------------------------------------- ...

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2016-002 | --- | --- | --- | |------------------|----------------------|--------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | 投资者关系 | □ | 媒体采访 □业绩说明会 | | 活动类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | √其他 电话会议 | | | 参与单位名称及人 | 宝盈基金 胡启聪 | | | 员姓名 | 标普投资 程兵 | | | | 渤海证券 资管部 纪刚 | | | | 鼎锋资产 王敏 | | | | 方正富邦基金 龚显峰 | | | | 个人投资 马斌 | | | | 广发基金 周小翠 | | | | 国联安基金 潘明 | | | | 国泰基金 王中骁 | | | | 国韵文化 张婧娟 | | | | 海通证券 穆运周 | | | --- | --- | --- | |-------|------------- ...

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2016-003 | --- | --- | --- | |------------------|---------------------|--------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | 投资者关系 | □ | 媒体采访 □业绩说明会 | | 活动类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | √其他 电话会议 | | | 参与单位名称及人 | 东兴证券 洪一 | | | 员姓名 | 太平洋证券 朱璐 | | | | 合正普惠 高琦祎 | | | | 招商证券 方光照 | | | | 申万宏源证券 周建华 | | | | 国寿安保 李丹 | | | | 永源安泰 王赫 | | | | 华商基金 孙蔚 | | | | 富唐资产 王凡 | | | | 华创证券 肖丽荣 | | | | 凯基证券 陈旭 | | | --- | --- | --- | |-------|-------------------| ...

Group 1: Investor Relations Activities - The investor relations activity involved multiple financial institutions and analysts, including Han Sha Capital and Tianhong Fund Management [2][3] - The meeting took place on March 3, 2016, from 10:00 to 11:30 at the company's conference room in Beijing [3] Group 2: Television Series Production - The series "Zhuque" is in the early preparation stage, with filming expected to start in April 2016 and a projected shooting period of 3-4 months, aiming for a broadcast in Q4 2016 [4] - The series "Donggong" will also begin filming this year, but simultaneous broadcasting is challenging; it may be developed as an online series [4] Group 3: Pricing and Profit Margins - The selling price for a high-quality drama on both TV and online platforms can exceed 10 million, with a gross margin typically between 40-50% [4] - The cost structure is heavily influenced by actor negotiations, with rising actor fees being managed through profit-sharing with key creative personnel [4] Group 4: Intellectual Property (IP) Strategy - The company focuses on acquiring high-quality scripts but avoids projects priced between 40-50 million, emphasizing the importance of full rights for valuable IP [5] - The strategy includes nurturing IP for various adaptations, including TV dramas, web series, and potentially games [5] Group 5: Film Projects - The company plans to release films "Jue Di Tiao Wang" and "Fei Chang Tong Huo" in 2016, with a total investment of 50 million USD for "Jue Di Tiao Wang," where the company holds a 60% stake [5][6] Group 6: Variety Shows - The company aims to expand into the variety show sector with three planned programs, including "C Plan for Dreaming China," currently in preparation [6] - Collaboration with professional production teams is emphasized, with a focus on developing original content rather than merely licensing [6] Group 7: Revenue Projections - Revenue projections indicate that TV dramas will account for 50% of profits, films for 30%, and variety shows and other content for 20% [6] Group 8: Distribution and Advertising - The company does not share advertising revenue with TV stations and prefers a buyout model for online content sales, although it is exploring click-based revenue models for overseas markets [7] - A joint venture has been established in Hong Kong to create a paid platform for overseas Chinese audiences, with over 1,000 hours of content available [7] Group 9: Market Strategy - The company aims to expand its channels to maximize content profitability, seeking to establish its own distribution channels rather than relying solely on partnerships [6][7]

Group 1: Company Overview and Strategy - In 2017, the company will continue to focus on producing high-quality dramas and expand its television program production business [3] - The company aims to establish a unique cinema line through a "management output + investment participation" model [3] - The company plans to enhance its advertising marketing team and explore artist management, extending its business chain into film fund management [3] Group 2: Project Plans and Financials - The major drama project "Winning the World" is in the final stages of production, expected to be released in 2017 [4] - Three dramas, "In War We Are Young," "Spy War," and "Green Vine," are expected to enter the distribution phase in Q3 2017 [4] - The company anticipates filming three movies in 2017, with "Return to Baghdad" being a key project, where the company will invest approximately 50% [4] Group 3: Financial Performance and Challenges - The company's gross margin for drama production is higher than industry peers due to quality and cost control [4] - The company has a high ROE but a low ROA (8%-9%) due to accounting practices related to the acquisition of "The Voice of China" [4] - Cash flow issues are common in the industry, but the company does not see funding as a primary constraint for project initiation [5] Group 4: Investor Relations and Communication - The company has established a structured payment plan with TV stations, receiving 30-40% payments at different stages [5] - There is a low likelihood of contract breaches unless special circumstances arise [5] - The company has complied with regulations during investor communications, ensuring no significant undisclosed information was leaked [5]

证券代码：300426 证券简称：唐德影视 浙江唐德影视股份有限公司 投资者关系活动记录表 编号 2017-001 | --- | --- | --- | |------------------|---------------------------------|----------------------| | | | | | | √ 特定对象调研 □分析师会议 | | | | □ 媒体采访 □业绩说明会 | | | 投资者关系 | □ 新闻发布会 □路演活动 | | | 活动类别 | √ 现场参观 | | | | □其他 电话会议 | | | | 招商证券 顾佳 | | | | 招商证券 王光兵 | | | | 东兴证券 高坤 | | | 参与单位名称及人 | 民生加银基金管理有限公司 吕江峰 | | | 员姓名 | 民生加银基金管理有限公司 朱晨喆 | | | | 民生加银基金管理有限公司 孙伟 | | | | 长城财富资产 韩小禹 | | | | 万噸资产 赵瑩 | | | 时间 | 2017 年 1 月 18 | 14:00-15:30 | | 地点 | 北京市海淀区花园路 | 号唐德影视二楼会议室 ...