光大证券股份有限公司 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0次 | | 2．督导公司建立健全并有效执行规章制度的 | | | 情况 | | | （1）是否督导公司建立健全规章制度（包括 | 是 | | 但不限于防止关联方占用公司资源的制度、募 | | | 集资金管理制度、内控制度、内部审计制度、 | | | 关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 每月1次 | | （2）公司募集资金项目进展是否与信息披露 | 是 | | 文件一致 | | | 4.公司治理督导情况 | | | （1）列席公司股东会次数 | 列席2024年年度股东会，其他会议已阅会 | | | 议文件 | | （2）列席公司董事会次数 | 本年度内未列席，均事前审阅会议议案 | | 5.现场检查情况 | | | （1）现场检查次数 | 1次 | | （2）现场检查 ...

Group 1 - The company reported a revenue of 44.4171 million yuan for the first half of the year, representing a year-on-year decline of 19.68% [1] - The net profit attributable to shareholders was a loss of 70.1452 million yuan, compared to a loss of 45.435 million yuan in the same period last year [1] - The basic earnings per share were -0.16 yuan per share [1]

浙江华智数媒传媒股份有限公司 2025 年半年度报告全文 浙江华智数媒传媒股份有限公司 2025 年半年度报告 2025-055 2025 年 8 月 1 浙江华智数媒传媒股份有限公司 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、监事会及董事、监事、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。 公司负责人裘永刚、主管会计工作负责人梁晨成及会计机构负责人(会计 主管人员)王章任声明：保证本半年度报告中财务报告的真实、准确、完整。 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 7 | | 第三节 | 管理层讨论与分析 11 | | 第四节 | 公司治理、环境和社会 23 | | 第五节 | 重要事项 25 | | 第六节 | 股份变动及股东情况 32 | | 第七节 | 债券相关情况 37 | | 第八节 | 财务报告 38 | 浙江华智数媒传媒股份有限公司 2025 年半年度报告全文 备查文件目录 所有董事均已出席了审议本次半年报的董事会会议 ...

Market Overview - The film and theater sector experienced a decline of 3.24% on August 27, with Bona Film Group leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Bona Film Group's stock price fell by 6.83% to 5.73, with a trading volume of 1.77 million shares and a transaction value of 1.10 billion [2] - Other notable declines include Light Media down 5.49% to 19.80, and Golden Screen Cinemas down 4.80% to 9.53 [2] - The highest closing price in the sector was Shanghai Film at 31.04, down 3.96% [2] Capital Flow Analysis - The film and theater sector saw a net outflow of 723 million from institutional investors, while retail investors contributed a net inflow of 542 million [2][3] - The data indicates that retail investors are more active in the sector, with a net inflow of 542 million, compared to the outflow from institutional investors [2][3] Stock-Specific Capital Flow - For individual stocks, Jiecheng Co. saw a net inflow of 86.49 million from retail investors, while it experienced a net outflow of 54.72 million from institutional investors [3] - Wanda Film had a net outflow of 5.80 million from institutional investors but a net inflow of 27.57 million from retail investors [3] - The overall trend shows that while institutional investors are pulling back, retail investors are stepping in to buy [3]

Core Viewpoint - The financial performance of Huazhi Shumei (300426) shows a significant decline in revenue and net profit for the first quarter of 2025, indicating potential challenges for the company moving forward [1]. Financial Performance - As of August 25, 2025, Huazhi Shumei's stock closed at 10.92 yuan, up 1.77%, with a turnover rate of 6.39% and a trading volume of 255,700 hands, amounting to a transaction value of 275 million yuan [1]. - The company's total revenue for Q1 2025 was 35.52 million yuan, a year-on-year decrease of 27.48% [1]. - The net profit attributable to shareholders was 21.74 million yuan, reflecting a substantial year-on-year decline of 230.55% [1]. - The company's non-recurring net profit was 21.79 million yuan, also down 231.34% year-on-year [1]. - The liquidity ratios were reported as a current ratio of 1.259 and a quick ratio of 0.748, with a debt-to-asset ratio of 78.91% [1]. Company Background - Zhejiang Huazhi Shumei Media Co., Ltd. was established in 2006 and is located in Jinhua City, primarily engaged in broadcasting, television, film, and recording production [1]. - The company has a registered capital of 4.50 billion yuan and a paid-in capital of 4.05 billion yuan [1]. - The legal representative of the company is Qiu Yonggang [1]. Investment Activities - Huazhi Shumei has made investments in 22 external enterprises and has participated in one bidding project [2]. - The company holds 202 trademark registrations and has obtained 9 administrative licenses [2].

Market Overview - On August 21, the film and cinema sector rose by 0.13% compared to the previous trading day, with Bona Film Group leading the gains [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] Individual Stock Performance - Bona Film Group (001330) closed at 5.05, up 2.85% with a trading volume of 500,400 shares and a turnover of 252 million yuan [1] - Light Media (300251) closed at 20.06, up 1.67% with a trading volume of 970,400 shares and a turnover of 1.94 billion yuan [1] - China Film (600977) closed at 13.04, up 1.64% with a trading volume of 354,500 shares and a turnover of 460 million yuan [1] - Other notable performers include Zhongshi Media (600088) at 17.55, up 1.50%, and Jinyi Film (002905) at 9.95, up 1.22% [1] Capital Flow Analysis - The film and cinema sector experienced a net outflow of 82.57 million yuan from institutional investors, while retail investors saw a net inflow of 34.26 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Detailed Capital Flow by Company - Light Media (300251) had a net outflow of 48.54 million yuan from institutional investors, while retail investors contributed a net inflow of 1.07 million yuan [3] - Huayi Brothers (300027) saw a net inflow of 37.89 million yuan from institutional investors, but a net outflow of 30.36 million yuan from retail investors [3] - China Film (600977) had a net inflow of 16.14 million yuan from institutional investors, while retail investors experienced a net outflow of 25.54 million yuan [3] - Bona Film Group (001330) had a net inflow of 10.25 million yuan from institutional investors, but also saw a net outflow from retail investors [3]

Market Overview - A-shares market experienced a significant surge, with multiple indices reaching new highs, and the total market capitalization surpassing 100 trillion yuan for the first time in history [1] - The Shanghai Composite Index rose by 0.85%, the Shenzhen Component Index increased by 1.73%, and the ChiNext Index gained 2.84%, with total market turnover exceeding 2.8 trillion yuan, marking a new high for the year [1] Securities Sector - The securities sector continued its strong performance, with an overall increase of 1.15%, and 41 out of 50 constituent stocks rising [2] - Positive earnings reports from major securities firms indicated a net profit growth of over 25% year-on-year for the first half of 2023 [2] - The sector is expected to see further upward potential due to a "lagging" characteristic in performance compared to historical data, with the SW securities index only rising 10% year-to-date [3] Liquid Cooling Server Sector - The liquid cooling server concept stocks saw a significant increase, with an overall rise of 6.31%, and 116 out of 121 constituent stocks gaining [4] - The market for liquid cooling servers in China is projected to grow at a compound annual growth rate of 46.8% from 2024 to 2029, with the market size expected to exceed 16.2 billion USD by 2029 [5] Film and Television Industry - The film and television production sector experienced a notable surge, with several stocks hitting the daily limit up, driven by positive market sentiment and potential policy support [6][7] - The overall increase in the film and television sector was 5.88%, with only one out of twenty constituent stocks declining [7] - The industry is believed to be at the beginning of a new recovery phase, with expectations for improved business models and a gradual restoration of high-quality content production [8]

8月18日，影视板块迎来久违的大爆发：华智数媒（300426.SZ）、华策影视（300133.SZ）、慈文传媒（002343.SZ）、吉视传媒（601929.SH）、欢瑞世 纪（000892.SZ）等多股涨停。影视股狂飙与上周末广为流传的一份名为"（广电）总局新印关于电视剧创作的若干举措（21条）"（以下简称广电21条） 的内容密切相关。 《每日经济新闻》记者多方采访并独家获悉，相关消息属实，且8月18日广电总局专门召开了两个小时的视频会，解读具体内容。"所有地方（广电）局和 代表企业都参加了。"一位参加了此次会议的影视公司负责人告诉记者。会议内容包含打破40集上限、放开季播剧间隔限制、松绑古装剧播出比例等，每 一条都精准切中行业痛点。 图片来源：网络 多位影视行业人士均向记者直言，在经历平台收紧采购、集数限制加码、资本撤离等多重打击后，电视剧行业早已陷入"短剧挤压长剧生存空间""产量与 观众双流失"的困局。对于广电21条，他们直呼"政策的'及时雨'来了"。 影视股集体飙涨，板块资金净流入超百亿元 图片来源：Wind 8月18日，影视板块股价全面上涨。Wind数据显示，截至收盘，文化传媒指数涨3.11%，在当 ...

那么，哪些公司会率先获得红利？广电21条又将对内容创作、平台排播、资本布局等产生怎样的影响？记者采访得知，相关举措的意见征集在业内早已展 开，伴随上周传来的"风声"，影视剧市场迅速升温。"我今天刚到横店，餐厅的订餐量明显比我两周前来时旺盛很多。"成都天府宽窄文化传播有限公司董事 长兼总经理赵斌告诉《每日经济新闻》记者，多个剧组正在加速开机筹备。 8月18日，影视板块迎来久违的大爆发：华智数媒（300426.SZ）、华策影视（300133.SZ）、慈文传媒（002343.SZ）、吉视传媒（601929.SH）、欢瑞世纪 （000892.SZ）等多股涨停。影视股狂飙与上周末广为流传的一份名为"（广电）总局新印关于电视剧创作的若干举措（21条）"（以下简称广电21条）的内 容密切相关。 《每日经济新闻》记者多方采访并独家获悉，相关消息属实，且8月18日广电总局专门召开了两个小时的视频会，解读具体内容。"所有地方（广电）局和代 表企业都参加了。"一位参加了此次会议的影视公司负责人告诉记者。会议内容包含打破40集上限、放开季播剧间隔限制、松绑古装剧播出比例等，每一条 都精准切中行业痛点。 多位影视行业人士均向记者直言， ...

8月18日，影视板块迎来久违的大爆发：华智数媒（300426.SZ）、华策影视（300133.SZ）、慈文传媒（002343.SZ）、吉视传媒（601929.SH）、欢瑞世 纪（000892.SZ）等多股涨停。影视股狂飙与上周末广为流传的一份名为"（广电）总局新印关于电视剧创作的若干举措（21条）"（以下简称广电21条） 的内容密切相关。 《每日经济新闻》记者多方采访并独家获悉，相关消息属实，且8月18日广电总局专门召开了两个小时的视频会，解读具体内容。"所有地方（广电）局和 代表企业都参加了。"一位参加了此次会议的影视公司负责人告诉记者。会议内容包含打破40集上限、放开季播剧间隔限制、松绑古装剧播出比例等，每 一条都精准切中行业痛点。 图片来源：网络 多位影视行业人士均向记者直言，在经历平台收紧采购、集数限制加码、资本撤离等多重打击后，电视剧行业早已陷入"短剧挤压长剧生存空间""产量与 观众双流失"的困局。对于广电21条，他们直呼"政策的'及时雨'来了"。 那么，哪些公司会率先获得红利？广电21条又将对内容创作、平台排播、资本布局等产生怎样的影响？记者采访得知，相关举措的意见征集在业内早已展 开，伴随上周传 ...