Core Viewpoint - Jinma Amusement (300756.SZ) forecasts a significant increase in net profit for the fiscal year 2025, indicating strong operational performance and market growth [1] Financial Performance - The company expects net profit attributable to shareholders to be between 67 million and 86 million yuan, representing a year-on-year growth of 811.17% to 1069.56% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 65.1 million and 84.1 million yuan, with a year-on-year increase of 7347.66% to 9521.32% [1] Operational Achievements - The results reflect the outcomes of the company's efforts and strategic initiatives over the past few years, showcasing successful project deliveries in both domestic and international markets [1] - The company has added new benchmark chain theme parks and international top-tier theme park project cases, contributing to an overall increase in revenue scale and gross profit compared to 2024 [1] - The overall operational efficiency of the company has significantly improved due to these developments [1]

证券时报·数据宝统计显示，金马游乐今日收于51.84元，下跌1.91%，日换手率为2.82%，成交额为1.91 亿元，近5日下跌4.28%。通过对2025年业绩预增50%以上的个股走势进行统计发现，预告发布后当日股 价上涨的占比60.26%，股价发布当日股价涨停的有12家。预告发布后5日股价上涨的占比60.26%。 金马游乐（300756）1月27日发布2025年业绩预增公告，预计实现净利润为6700.00万元~8600.00万元， 净利润同比增长811.17%~1069.56%。 资金面上，该股今日主力资金净流出2102.83万元，近5日资金净流出8523.22万元。（数据宝） （文章来源：证券时报网） ...

Core Viewpoint - The company, Jinma Amusement (300756.SZ), expects a significant increase in net profit for the year 2025, with projections indicating a growth of 811.17% to 1,069.56% compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is estimated to be between 67 million to 86 million yuan [1] - The net profit after deducting non-recurring gains and losses is expected to be between 65.1 million to 84.1 million yuan, reflecting a growth of 7,347.66% to 9,521.32% year-on-year [1] Business Development - The company has made significant progress in brand building, product innovation, project implementation, technological advancements, and new industry expansion, contributing to a solid foundation for high-quality development [1] - The results of the company's efforts over the past few years are beginning to materialize, with multiple innovative projects successfully delivered in both domestic and international markets [1] - The overall revenue scale and gross profit level have shown significant growth compared to 2024, leading to a notable improvement in the company's operational efficiency [1]

每经AI快讯，金马游乐1月27日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润6700万元 ~8600万元，同比增长811.17%~1069.56%；业绩变动主要原因是，2025年，公司发展稳中向好，面对机 遇与挑战并存的国内外市场环境，公司以更前瞻的布局与更坚实的步伐在品牌塑造、产品革新、项目落 地、技术攻坚与新产业拓展等方面实现全面突破，持续夯实高质量发展根基。报告期内，公司过去几年 所作的努力和推进的系列布局成果逐步显现，国内外市场完成多个创新项目的品质交付，再添国内标杆 连锁主题乐园、国际顶级主题乐园项目案例及市场订单，整体营收规模、毛利水平相较2024年度均实现 明显增长，推动公司整体经营效益显著提升。 （记者 王晓波） 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 ...

证券代码：300756 证券简称：金马游乐 公告编号：2026-013 广东金马游乐股份有限公司 关于 2025 年度拟计提资产减值准备的公告 （二）本次拟计提资产减值准备的范围和金额 2025 年度，公司及下属子公司拟计提信用减值损失、资产减值损失合计约 为 1,884.05 万元，计入公司 2025 年度损益。 拟计提资产减值准备情况如下： 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本次拟计提资产减值准备情况概述 （一）本次拟计提资产减值准备的原因 根据《企业会计准则》《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》及公司会计 政策等相关规定，为了更加真实、公允地反映公司截至 2025 年 12 月 31 日的财 务状况、资产价值及经营成果，基于谨慎性原则，公司及下属子公司对各类资产 进行了全面清查及资产减值测试后，拟对存在减值迹象的资产计提相应减值准备。 单位：万元 | 项目 | 2025 年拟计提金额 | | --- | --- | | 一、坏账准备 | | | 应收款项 | 6 ...

Core Viewpoint - Jinma Amusement (300756.SZ) expects a significant increase in net profit attributable to shareholders, projecting between 67 million to 86 million yuan for 2025, representing a growth of 811.17% to 1,069.56% compared to the previous year [2] Group 1: Financial Performance - The company anticipates a net profit for 2025 in the range of 67 million to 86 million yuan [2] - This projection indicates a substantial year-on-year growth of over 800% [2] Group 2: Business Development - The company has achieved breakthroughs in brand building, product innovation, project implementation, and new industry expansion [2] - Multiple innovative projects have been delivered with high quality, leading to new orders from domestic benchmarks and top international theme park projects [2] - There has been a noticeable increase in revenue scale and gross profit levels, resulting in significant improvement in operational efficiency [2]

证券代码：300756 证券简称：金马游乐 公告编号：2026-012 二、与会计师事务所沟通情况 广东金马游乐股份有限公司 2025 年度业绩预告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 1.业绩预告期间：2025 年 1 月 1 日——2025 年 12 月 31 日 2.业绩预告情况：同向上升 | 项目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东 的净利润 | 盈利：6,700 | 万元-8,600 | 万元 | 盈利：735.32 | 万元 | | | 比上年同期增长：811.17%-1,069.56% | | | | | | 扣除非经常性损益后 | 盈利：6,510 | 万元-8,410 | 万元 | 盈利：87.41 | 万元 | | 的净利润 | 比上年同期增长：7,347.66%-9,521.32% | | | | | 注：上述表格中的"元"均指人民币元。 2.深交所要求的其他文件。 本次业绩预告是公司财务部门初步测 ...

Industry Overview - The core industry scale of artificial intelligence in China is expected to exceed 1.2 trillion yuan by 2025, with over 330 humanoid robot products released [1] - The humanoid robot industry in China is accelerating, with a diverse technological route and multi-scenario coverage [1] - The number of domestic complete machine enterprises is expected to exceed 140 by 2025, marking it as the year of mass production for humanoid robots [1] Company Developments - Lens Technology Co., Ltd. has strong supply chain capabilities in the humanoid robot sector, providing comprehensive supply chain solutions for leading robot clients [2] - Shenzhen Zhiwei Intelligent Technology Co., Ltd. integrates high-performance AI chips and advanced software to enhance the capabilities of its robotic brain and control systems [2] Capital Raising Activities - Guangdong Jinma Amusement Co., Ltd. plans to raise up to 1.053 billion yuan through a private placement, with 454 million yuan allocated for the development and industrialization of cultural tourism robots [3] - Ningbo Junpu Intelligent Manufacturing Co., Ltd. has received approval for a private placement to raise up to 1.034 billion yuan, with 551 million yuan earmarked for the research and industrialization of intelligent robots [3][4] Market Outlook - The humanoid robot industry ecosystem in China is rapidly growing, driven by both policy and market forces, with applications expected to scale in industrial manufacturing, logistics, and healthcare [4]

Core Viewpoint - Jinma Amusement (300756.SZ) has announced a private placement plan to raise up to 1.053 billion yuan, aiming to transition from a "manufacturer of amusement equipment" to a "comprehensive service provider in cultural tourism and entertainment" through investments in four core areas [2] Fund Allocation - The fundraising plan allocates funds primarily to four areas: 4.54 billion yuan (43.1%) for the development and industrialization of cultural tourism and entertainment robots, 2.85 billion yuan for park and scenic spot construction and operation, 1.94 billion yuan for IP empowerment projects, and 1.2 billion yuan for working capital [3][4] Project Details - The cultural tourism and entertainment robot project is the focal point, with a construction period of 36 months, aiming to establish a research and industrialization base in Zhongshan, producing various types of robots for theme parks and commercial complexes [4][5] Strategic Rationale - The company’s confidence in heavily investing in this field is based on three core logics: 1. Long-term experience in amusement equipment, with technologies that can be quickly adapted for intelligent robots 2. Natural advantages in landing scenarios, having served over 1,000 theme parks and scenic spots globally 3. Validation from previous practices, including strategic investments and successful product launches [5] Business Model - The IP empowerment project aims to integrate high-quality IP resources with amusement equipment and robots, addressing cultural deficiencies in tourism products. The park and scenic spot operation project focuses on creating a "manufacturing + operation" business loop [6][5] Financial Structure - The 1.2 billion yuan allocated for working capital aims to optimize the company's financial structure, reducing the asset-liability ratio and enhancing risk resistance [6] Performance Fluctuations - Jinma Amusement has experienced significant performance volatility over the past five years, with a peak in 2019 followed by a decline due to the pandemic and industry competition. Despite a revenue increase to 569 million yuan in the first three quarters of 2025, the underlying performance remains concerning [7][9][10] Revenue Trends - In 2023, revenue rose to 739 million yuan, an increase of 81.96%, but net profit dropped significantly compared to 2019 levels. The company faced a revenue decline of 21.88% in 2024, with net profit plummeting by 97.38% [10][12] Core Business Challenges - The core amusement equipment manufacturing business, which accounts for over 90% of revenue, has seen a decline in profitability, with gross margins dropping from 55.22% in 2019 to 31.13% in 2024 due to an imbalance in product structure [12] Insider Selling - Prior to the fundraising announcement, the company's actual controller and key executives executed a significant sell-off, raising over 300 million yuan, which has raised concerns about the company's confidence and capital operation logic [12][13] Transition Challenges - The upcoming 1.053 billion yuan private placement represents both an opportunity for transformation and a high-stakes gamble for the company, as it faces multiple challenges in technology implementation, market validation, and profitability [14]

Core Viewpoint - Jinma Amusement (300756.SZ) has announced a plan to issue shares to specific investors in 2026, aiming to raise up to 1.0529514 billion yuan for various projects, including the development of entertainment robots and park operations [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional investors and individuals [1]. - The issuance price will not be lower than 80% of the average trading price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 47,279,452, which is 30% of the company's total shares before the issuance [1]. Group 2: Fund Utilization - The total amount to be raised is capped at 1.0529514 billion yuan, which will be allocated to several projects: - 454.3375 million yuan for the development and industrialization of entertainment robots - 194.081 million yuan for IP empowerment projects - 284.5329 million yuan for park and scenic spot construction and operation - 120 million yuan for working capital [2][3]. Group 3: Shareholder Information - As of the announcement date, the actual controller of the company is Deng Zhiyi, holding 11.27% of the total shares. Post-issuance, his shareholding may decrease to 8.67% if he does not participate in the subscription [4]. - The issuance will not change the control of the company, as Deng Zhiyi will still maintain control after the issuance [4]. Group 4: Previous Fundraising Activities - Jinma Amusement previously raised 274.9999984 million yuan through a share issuance at a price of 17.20 yuan per share, with net proceeds of approximately 267.25654327 million yuan after expenses [4]. - The company has a history of fundraising, with a total of 813.6 million yuan raised from two rounds of financing [7]. Group 5: Financial Performance - For the third quarter of 2025, the company reported a revenue of 258 million yuan, a year-on-year increase of 75.05%, and a net profit of approximately 55.09 million yuan, up 5058.03% [9][10]. - Year-to-date revenue reached 569 million yuan, reflecting a 23.76% increase, while the net profit for the same period was approximately 90.41 million yuan, a 456.47% increase [9][10].