证券代码：300624 证券简称：万兴科技 公告编号：2025-034 万兴科技集团股份有限公司 2024年度股东会决议公告 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。 特别提示： 1、本次股东会无变更、否决提案的情形。 2、本次股东会无涉及变更前次股东会决议的情形。 一、会议召开情况 1、会议召开时间： 4、会议召集人：公司董事会。 5、会议主持人：董事长吴太兵先生。 6、本次股东会会议的召集、召开符合《中华人民共和国公司法》《中华人 民共和国证券法》《上市公司股东会规则》《深圳证券交易所上市公司股东会 网络投票实施细则》《万兴科技集团股份有限公司章程》及《万兴科技集团股 份有限公司股东会议事规则》等有关规定。 二、会议出席情况 1、出席现场会议和网络投票的股东及股东代表共 257 人，代表有表决权的 股份数为 62,267,634 股，占公司有表决权股份总数的 32.3114%。 其中：出席现场会议的股东及股东代表共 3 人，代表有表决权的股份数为 （1）现场会议召开时间：2025 年 5 月 19 日（星期一）下午 15:00。 （2）网络投票时间： ...

Core Insights - Huawei launched the new HUAWEI MateBook Pro and HUAWEI MateBook Fold, along with the HarmonyOS version of Wondershare Filmora, marking a significant advancement in video editing capabilities [1][3][5] - The HarmonyOS version of Filmora has adapted over 20 professional features, including AI video noise reduction and multi-camera editing, enhancing the user experience [1][5] - The innovative dual-screen and touch capabilities of the HUAWEI MateBook Fold allow for a more flexible and interactive video editing experience, enabling users to perform precise edits without a mouse or keyboard [3][5] Product Features - The AI-powered features of Filmora enable users to create videos efficiently by automatically identifying highlights and generating narration and music, significantly improving production speed [5][7] - The local computing power of HarmonyOS enhances the performance of AI features, ensuring faster processing and improved privacy, with some functions seeing performance boosts of over 50% [5][7] - The dual-screen setup of the HUAWEI MateBook Fold allows for an upgraded editing experience, displaying editing effects on one screen while showing the editing timeline on another [3][5] Strategic Direction - Wondershare aims to transition from compatibility to collaborative capability creation, enhancing its video editing software solutions to build a competitive edge in the domestic market [7] - The company plans to accelerate its integration with the HarmonyOS ecosystem, positioning every HarmonyOS device as a source of inspiration for creators [7]

Investment Rating - The investment rating for the company is "Buy" with an expectation of more than 10% return relative to the CSI 300 index over the next six months [2][13]. Core Views - The company reported a revenue of 1.44 billion yuan for 2024, a decrease of 2.78% year-on-year, and a net profit attributable to shareholders of -163.46 million yuan, marking a shift to negative profitability [1][10]. - The company's gross margin was 93.22%, down 1.55 percentage points year-on-year, while the net margin was -10.93%, indicating a significant decline [1][10]. - The company is facing short-term pressure on performance due to intensified market competition, rising traffic costs, and goodwill impairment [1][9]. Financial Performance Summary - In Q4 2024, the company achieved revenue of 387 million yuan, a year-on-year increase of 0.43%, but the net profit attributable to shareholders was -158 million yuan [1][10]. - The annual revenue breakdown shows that the video creative business generated 961 million yuan, a slight increase of 0.06% year-on-year, while other segments like practical tools and document creativity saw declines [7][9]. - The company’s operating expenses increased significantly, with sales expenses rising to 849 million yuan (up 17.42% year-on-year) and R&D expenses reaching 442 million yuan (up 9.90% year-on-year) [7][10]. Future Outlook - The company is committed to deepening its AI strategy, with expectations for AI-native application revenue to reach approximately 67 million yuan in 2024, doubling year-on-year [9]. - Forecasts for net profit attributable to shareholders are projected to be 56.04 million yuan in 2025, 95.95 million yuan in 2026, and 153.46 million yuan in 2027, indicating a recovery trajectory [10].

Investment Rating - The investment rating for the company is "Buy" with an expectation of over 10% return relative to the CSI 300 index in the next six months [2][13]. Core Views - The company reported a revenue of 1.44 billion yuan in 2024, a decrease of 2.78% year-on-year, and a net profit attributable to shareholders of -163.46 million yuan, marking a shift to negative profitability [1][10]. - The company's gross margin was 93.22%, down by 1.55 percentage points year-on-year, while the net margin was -10.93%, reflecting a significant decline [1][10]. - The company is facing short-term pressure on performance due to intensified market competition, rising traffic costs, and goodwill impairment [1][9]. Financial Performance Summary - In Q4 2024, the company achieved revenue of 387 million yuan, a year-on-year increase of 0.43%, but the net profit attributable to shareholders was -158 million yuan [1]. - The annual revenue breakdown shows that video creative business generated 961 million yuan, a slight increase of 0.06% year-on-year, while other segments like practical tools and document creativity saw declines [7][9]. - The company’s sales expenses increased to 849 million yuan, up 17.42% year-on-year, and R&D expenses rose to 442 million yuan, up 9.90% year-on-year [7][10]. Future Outlook - The company is committed to deepening its AI strategy, with expectations for AI-native application revenue to reach approximately 67 million yuan in 2024, doubling year-on-year [9]. - Forecasts for net profit attributable to shareholders are projected to be 56.04 million yuan in 2025, 95.95 million yuan in 2026, and 153.46 million yuan in 2027, with corresponding EPS of 0.29, 0.50, and 0.79 yuan [10].

Investment Rating - The report maintains an "Outperform" rating for the company with a target price of RMB 75.99 per share, reflecting a potential upside from the current price of RMB 63.72 [1][8]. Core Insights - The company has shown improvement in revenue growth in Q1 2025, with a year-on-year increase of 6.06%, reaching RMB 380 million. However, it is still facing pressure on profits due to rising operating costs and expenses [1][8]. - The commercialization potential of AI is highlighted as a significant driver for future growth, with AI-related revenue expected to exceed RMB 67 million in 2024, marking a growth of over 100% year-on-year [1][8]. - The company’s core video creative business has seen stable user growth, with a more than 20% increase in paying users, and the mobile product Filmora has undergone a comprehensive upgrade, resulting in a 90% increase in monthly active users [1][8]. Financial Summary - For 2024, the company is projected to generate revenue of RMB 1.44 billion, a decrease of 2.78% year-on-year, with a net loss attributable to shareholders of RMB 163 million [3][8]. - The revenue forecast for 2025 is set at RMB 1.63 billion, with further growth expected in subsequent years, reaching RMB 2.18 billion by 2027 [3][8]. - The report indicates that the company’s operating costs and expenses are increasing, which has led to a projected net profit loss in 2024 and a continued decline in profitability in Q1 2025 [1][8].

Group 1: Tencent's Financial Performance - Tencent's international gaming revenue increased by 23% year-on-year to 16.6 billion yuan in Q1 2025, marking a record high for three consecutive quarters, driven by strong performances from PUBG MOBILE and Supercell games [1] - Domestic gaming revenue reached 42.9 billion yuan, a 24% year-on-year increase, attributed to revenue growth from Honor of Kings and Peacekeeper Elite, along with contributions from newly released games [1] Group 2: WeChat's E-commerce Initiatives - Tencent announced the establishment of an e-commerce product department to explore new transaction models within WeChat, aiming to accelerate the development of transaction infrastructure and ecosystem [2] Group 3: GlaxoSmithKline's Acquisition - GlaxoSmithKline has agreed to acquire Boston Pharmaceuticals' subsidiary BP Asset IX for up to $2 billion to gain rights to Efimosfermin, a drug in Phase III clinical trials for treating fatty liver disease, with an upfront payment of $1.2 billion and potential milestone payments of up to $800 million [3] Group 4: Investment and Financing Activities - Carl Power completed nearly 300 million yuan in financing to advance the commercialization of L4 autonomous freight delivery, with operations expanding across seven cities and 20 clients [4] - Zhejiang Junliang Supply Chain Technology Service Co., Ltd. secured 10 million yuan in angel round financing to enhance its digital risk control system and supply chain financial services platform [6]

Core Insights - The company has launched the V3.0 version of its AI-powered PPT plugin, "Wondershare Diagram," focusing on intelligent drawing scenarios to enhance PPT creation efficiency [2] - The demand for tools like flowcharts and mind maps is increasing due to the rise in remote work and team collaboration across various industries [2] - Wondershare Diagram allows users to generate visual diagrams from text in seconds, facilitating the creation of flowcharts, mind maps, business analysis charts, and architecture diagrams within PPT [2] - Wondershare Technology operates globally in over 200 countries and regions, offering a range of creative software products, including video and image editing tools, and is recognized as a "Chinese version of Adobe" [2] Industry Outlook - The chairman of the company expressed confidence in the transition of digital creative software from "tool integration" to "intelligent collaboration" and the development prospects of multimodal AI applications [3] - The company aims to empower global creators to enter a new era of creativity where "everyone can create, and individuality can flourish" through deep AI integration [3]

提名人万兴科技集团股份有限公司董事会现就提名李圣杰为万兴科技集 团股份有限公司（以下简称"公司"）第五届董事会独立董事候选人发表公开 声明。被提名人已书面同意作为万兴科技集团股份有限公司第五届董事会独立 董事候选人(参见该独立董事候选人声明)。本次提名是在充分了解被提名人职 业、学历、职称、详细的工作经历、全部兼职、有无重大失信等不良记录等情 况后作出的，本提名人认为被提名人符合相关法律、行政法规、部门规章、规 范性文件和深圳证券交易所业务规则对独立董事候选人任职资格及独立性的 要求，具体声明并承诺如下事项： 一、被提名人已经通过万兴科技集团股份有限公司第四届董事会提名委 员会资格审查，提名人与被提名人不存在利害关系或者其他可能影响独立履 职情形的密切关系。 ☑是 □否 如否，请详细说明：______________________________ 二、被提名人不存在《中华人民共和国公司法》第一百七十八条等规定 不得担任公司董事的情形。 证券代码：300624 证券简称:万兴科技 公告编号：2025-032 万兴科技集团股份有限公司 独立董事提名人声明与承诺 □是 ☑否 ☑是 □否 如否，请详细说明：____ ...

证券代码：300624 证券简称:万兴科技 公告编号：2025-031 万兴科技集团股份有限公司 独立董事提名人声明与承诺 提名人万兴科技集团股份有限公司董事会现就提名章顺文为万兴科技集 团股份有限公司（以下简称"公司"）第五届董事会独立董事候选人发表公开 声明。被提名人已书面同意作为万兴科技集团股份有限公司第五届董事会独立 董事候选人(参见该独立董事候选人声明)。本次提名是在充分了解被提名人职 业、学历、职称、详细的工作经历、全部兼职、有无重大失信等不良记录等情 况后作出的，本提名人认为被提名人符合相关法律、行政法规、部门规章、规 范性文件和深圳证券交易所业务规则对独立董事候选人任职资格及独立性的 要求，具体声明并承诺如下事项： 一、被提名人已经通过万兴科技集团股份有限公司第四届董事会提名委 员会资格审查，提名人与被提名人不存在利害关系或者其他可能影响独立履 职情形的密切关系。 ☑是 □否 如否，请详细说明：______________________________ 二、被提名人不存在《中华人民共和国公司法》第一百七十八条等规定 不得担任公司董事的情形。 ☑是 □否 如否，请详细说明：__________ ...

证券代码：300624 证券简称：万兴科技 公告编号：2025-030 万兴科技集团股份有限公司 关于公司董事会换届选举的公告 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。 万兴科技集团股份有限公司（以下简称"公司"）第四届董事会任期即将届 满，根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和 国证券法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司 自律监管指引第 2 号——创业板上市公司规范运作》等法律法规、规范性文件及 《万兴科技集团股份有限公司章程》（以下简称《公司章程》）的有关规定，公 司按照相关法定程序进行董事会换届选举。现将相关事项公告如下： 公司于 2025 年 5 月 8 日召开的第四届董事会第二十五次会议，审议通过了 《关于公司董事会换届选举暨提名第五届董事会非独立董事候选人的议案》《关 于公司董事会换届选举暨提名第五届董事会独立董事候选人的议案》，董事会同 意提名吴太兵先生、林倩晖先生为第五届董事会非独立董事候选人，同意提名章 顺文先生、李圣杰女士为第五届董事会独立董事候选人，上述候选人简历请见附 件。公 ...