证券代码：300528 证券简称：幸福蓝海 公告编号：2025-047 幸福蓝海影视文化集团股份有限公司 关于使用自有闲置资金购买理财产品的进展公告 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。 幸福蓝海影视文化集团股份有限公司（以下简称"公司"）于 2025 年 5 月 20 日召开 2024 年度股东大会，审议通过了《关于使用自有闲置资金购买理财 产品的议案》，在保证日常经营运作和资金安全的前提下，为提高公司自有闲置 资金的使用效率，进一步增加公司收益，同意公司及全资、控股子公司使用不 超过人民币 2.5 亿元自有闲置资金购买商业银行、证券公司及其他正规的金融 机构发行的结构性存款、低风险理财产品等理财产品。在该额度范围内，资金 可以滚动使用。自获公司 2024 年度股东大会审议通过之日起 1 年内有效。具体 内容详见公司 2025 年 4 月 12 日刊载于中国证券监督管理委员会指定的创业板 信息披露网站巨潮资讯网（www.cninfo.com.cn）上的《关于使用自有闲置资金 购买理财产品的公告》（公告编号：2025-018）及 2025 年 5 月 ...

Core Viewpoint - The Chinese film industry is experiencing a significant surge, with multiple companies seeing substantial stock price increases, indicating a positive market sentiment towards the sector [1] Group 1: Company Performance - China Film has hit the upper limit on stock price, reflecting strong investor confidence [1] - Jinyi Film has also reached the upper limit, showcasing robust market performance [1] - Happiness Blue Sea has surged over 15%, indicating a strong recovery or growth potential [1] - Other companies such as Weng Investment Holdings, Beijing Culture, Huayi Brothers, Bona Film, and China Vision Media have also seen stock price increases, suggesting a broader positive trend in the industry [1]

Core Viewpoint - The A-share film and television stocks have shown a strong upward trend, with notable gains in several companies, indicating a positive market sentiment in the industry [1]. Group 1: Stock Performance - Happiness Blue Ocean (幸福蓝海) increased by 11.31%, with a total market capitalization of 10.7 billion and a year-to-date increase of 231.38% [2]. - Golden Screen Cinemas (金逸影视) rose by 7.94%, with a market cap of 5.065 billion and a year-to-date increase of 70.81% [2]. - China Film (中国电影) saw a gain of 5.31%, with a market cap of 34.4 billion and a year-to-date increase of 59.31% [2]. - Cultural Investment Holdings (文投控股) increased by 2.32%, with a market cap of 12.5 billion and a year-to-date increase of 37.33% [2]. - Beijing Culture (北京文化) rose by 1.22%, with a market cap of 3.565 billion but a year-to-date decrease of 28.14% [2]. - Bona Film Group (博纳影业) increased by 1.19%, with a market cap of 8.206 billion and a year-to-date decrease of 2.61% [2]. - Huayi Brothers (华谊兄弟) rose by 1.05%, with a market cap of 8.018 billion and a year-to-date increase of 10.31% [2]. Group 2: Market Indicators - The formation of a MACD golden cross signal suggests a positive momentum in the stock prices of these companies, contributing to their recent gains [1].

Group 1 - The company and its subsidiaries did not participate in the investment or production of the film "731" [2]

Market Overview - On September 11, the film and theater sector declined by 1.08%, with Happiness Blue Sea leading the drop [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Individual Stock Performance - The top-performing stock was Qianyi Film, which closed at 12.47 with a gain of 9.96% and a trading volume of 504,300 shares, amounting to 587 million yuan [1] - Other notable performances included: - Jiecheng Co., up 1.06% to 5.74 [1] - Hengdian Film, up 0.73% to 17.87 [1] - Conversely, stocks like Wanda Film and Aofei Entertainment saw minor declines of 0.25% and 0.43%, respectively [1] Capital Flow Analysis - The film and theater sector experienced a net outflow of 946 million yuan from institutional investors, while retail investors saw a net inflow of 1.068 billion yuan [2] - The capital flow for individual stocks showed: - Jin Yi Film had a net inflow of 90.83 million yuan from institutional investors [3] - ST Tianze experienced a slight net outflow of 88,300 yuan from institutional investors [3] - Notably, Huayi Brothers had a net inflow of 34.97 million yuan from retail investors, despite a net outflow from institutional and speculative investors [3]

Core Insights - Short dramas are reshaping the business models and strategic directions of traditional film and television companies [1] - The performance of companies in the short drama sector varies significantly, with some achieving profitability while others struggle with losses despite revenue growth [1][6] - The success in the short drama market is influenced by strategic foresight and execution capabilities [7][8] Group 1: Performance of Leading Companies - Perfect World achieved a turnaround with a revenue of 3.691 billion yuan and a net profit of 503 million yuan, driven by short dramas which saw a revenue increase of 756.35% to 767 million yuan [2] - Huace Film & TV reported a net profit of 118 million yuan, up 65.05%, leveraging a "long-short linkage" strategy to enhance its short drama output [2] - Happiness Blue Sea also turned a profit with a net profit of 9 million yuan, benefiting from a full industry chain strategy and a focus on short dramas [3] - Ningmeng Film & TV reported a revenue of 401 million yuan and a net profit of 14 million yuan, with short drama income exceeding 50 million yuan [3] Group 2: Struggling Companies - Huanrui Century reported a revenue of 198 million yuan but incurred a net loss of 6 million yuan, despite its short drama segment generating 125 million yuan [4] - Huayi Brothers faced a more severe decline, with a revenue of 153 million yuan, down 50.37%, and a net loss of 74 million yuan, as traditional business revenues fell sharply [5] Group 3: Exploratory Companies - Ciweng Media is focusing on overseas markets, with its short drama "Love On The Sidelines" achieving significant success, but still reported a net loss of 23 million yuan [6] - Straw Bear Entertainment is in the early stages of developing its short drama business, focusing on cultural empowerment through its projects [6] Group 4: Strategic Insights - Successful companies exhibit strategic foresight and deep market engagement, viewing short dramas as a long-term growth avenue [7] - Companies like Ningmeng Film & TV and Huace Film & TV have established effective organizational structures to support short drama production [8] - The competitive landscape is intensifying, with companies needing to leverage their narrative skills and production quality to succeed in the short drama market [10]

Market Performance - The three major A-share indices collectively surged in the morning session on the 11th, with the Shanghai Composite Index rising by 1.12%, the Shenzhen Component Index increasing by 2.63%, and the ChiNext Index climbing by 4.31% [2] - The total trading volume in the Shanghai and Shenzhen markets reached 1,496.2 billion yuan, an increase of 193.4 billion yuan compared to the previous day [2] - Over 3,300 stocks in the market experienced gains [2] Sector Performance - CPO, PCB, and semiconductor stocks, categorized as computing hardware, led the market rally [2] - Gold, oil and gas, tourism, gaming, and sports sectors saw the largest declines [2] - Notable stocks included Industrial Fulian, which hit the daily limit for two consecutive days, and Haiguang Information, which reached a new high with a 20% increase [2] Notable Stocks - Several stocks in the robotics sector, including Chongda Technology, Zhaowei Electromechanical, and New Era, also hit the daily limit [2] - 6G and satellite communication concept stocks performed well, with Dongfang Communication, Huiyuan Communication, and Xingwang Ruijie showing significant gains [2] - Most gold stocks adjusted downwards, with Xibu Gold dropping over 7% during the session [2] - The tourism and film industry sectors, which had seen gains the previous day, experienced corrections, with Xingfu Lanhai falling over 10% [2]

Group 1 - The film industry sector experienced a decline at the beginning of trading, with significant drops in stock prices [1] - Happiness Blue Sea saw a drop of over 10%, indicating a notable loss in market confidence [1] - Other companies such as Huayi Brothers, China Film, Light Media, and Huace Film also faced declines in their stock prices [1]

Market Overview - The A-share market opened with mixed performance among the three major indices, with the Shanghai Composite Index down by 0.16%, the Shenzhen Component Index up by 0.11%, and the ChiNext Index up by 0.46% [1] Sector Performance - The computing power hardware sector, including CPO and liquid-cooled servers, showed significant activity, with companies like Qingshan Paper (600103) achieving five consecutive trading limits in eight days, and Dongshan Precision (002384) and Zhongji Xuchuang (300308) rising over 4% [1] - OpenAI and Oracle signed a substantial computing power deal worth $300 billion, indicating strong demand in the sector [1] Pharmaceutical Sector - The pharmaceutical sector opened lower, with companies such as XinNuoWei (300765) and Tigermed (300347) experiencing declines of over 10% [1] Film and Entertainment Sector - The film and cinema sector also opened lower, with companies like Happiness Blue Sea (300528) and Huanrui Century (000892) dropping over 10% and 4% respectively [1]

Core Viewpoint - The film industry sector is experiencing a significant rally, with several companies seeing substantial stock price increases, indicating positive market sentiment and potential growth opportunities in the sector [1]. Group 1: Stock Performance - The stock of Happiness Blue Ocean has hit the daily limit up for two consecutive days, reflecting strong investor interest and confidence in the company [1]. - Jin Yi Film previously reached its daily limit up, showcasing a similar trend of positive performance within the industry [1]. - Other companies such as Bona Film Group, Huayi Brothers, and China Film have also seen their stock prices rise in response to the overall market movement [1].