Core Insights - Jinma Leisure (300756.SZ) has formed a strategic partnership with Stardust Intelligence to develop a new generation of cultural tourism and entertainment robots [1][3] - The collaboration has led to the launch of the world's first AI robot-operated retail service store, "Robot MART," in cultural tourism settings, marking a significant milestone in the domestic humanoid robot market [1][3] Group 1: Company Developments - The partnership signifies Jinma Leisure's advancement in the research and manufacturing of embodied intelligent technology and products in the AI era [3] - The "Robot MART" is designed to not only serve as a retail outlet but also to offer a wide range of products, including snacks, beverages, cultural souvenirs, and trendy IP toys, enhancing customer engagement through immersive experiences [3] Group 2: Industry Impact - The innovation is expected to bring disruptive changes and innovations to the cultural tourism and entertainment industry, providing a model for the implementation of embodied intelligence and "new productive forces" in urban and cultural contexts [3] - The embodied intelligence concept allows intelligent entities to learn and iterate through continuous interaction with the physical environment, creating opportunities for smart entities that can perceive, understand, respond to, and even predict visitor behavior in cultural tourism settings [3]

Core Viewpoint - Jinma Amusement has shown significant stock price growth and strong financial performance, indicating a positive outlook for the company in the amusement industry [1][2]. Financial Performance - As of September 30, Jinma Amusement achieved a revenue of 569 million yuan, representing a year-on-year growth of 23.76% [2]. - The net profit attributable to the parent company reached 90.41 million yuan, with a remarkable year-on-year increase of 456.47% [2]. - Since its A-share listing, the company has distributed a total of 83.5 million yuan in dividends, with 23.64 million yuan in the last three years [3]. Stock Market Activity - On November 14, Jinma Amusement's stock price increased by 2.11%, reaching 57.15 yuan per share, with a total market capitalization of 9.007 billion yuan [1]. - The stock has appreciated by 285.11% year-to-date, with a 3.55% increase over the last five trading days and an 80.40% increase over the last 60 days [1]. - The company experienced a net outflow of 1.35 million yuan in principal funds, with significant buying and selling activity from large orders [1]. Shareholder Information - As of September 30, the number of shareholders increased by 13.99% to 7,324, while the average circulating shares per person decreased by 12.27% to 17,917 shares [2]. - Among the top ten circulating shareholders, Qianhai Kaiyuan New Economy Mixed A (000689) is a new entrant, holding 1.93 million shares [3]. Business Overview - Jinma Amusement, established on November 20, 2007, specializes in the research, manufacturing, sales, installation, and operation of large amusement facilities and virtual immersive amusement projects [1]. - The company's revenue composition includes amusement facilities (71.82%), parts and maintenance (13.55%), ticket sales (11.25%), and other income sources [1].

（编辑 任世碧） 证券日报网讯 11月12日晚间，金马游乐发布公告称，公司于2025年9月29日召开第四届董事会第十三次 会议、第四届监事会第十三次会议，审议通过了《关于回购控股子公司股权暨募投项目实施主体股权结 构变更的议案》，同意公司支付6，000万元回购中山中盈产业投资有限公司（简称"中盈投资"）持有的 公司子公司、公司首次公开发行股票募集资金投资项目实施主体之一的中山市金马文旅科技有限公司 （简称"金马文旅科技"）全部股权，并授权公司管理层与中盈投资签署相关法律文件、办理与本次股权 回购事项相关的一切事宜。董事会审议通过后，公司与中盈投资签署了《股权回购协议》，公司与金马 文旅科技按协议约定分别向中盈投资支付了股权回购款及约定的固定回报。近日，金马文旅科技已完成 上述股权回购事项的变更备案，公司此前就履行回购义务、支付固定回报等相关事宜向中盈投资提供的 股权出质同步注销。本次股权回购事项办结后，金马文旅科技由公司控股子公司变更为全资子公司。 ...

Core Viewpoint - Guangdong Jinma Amusement Co., Ltd. has completed the buyback of all shares of its subsidiary, Jinma Cultural Tourism Technology Co., Ltd., for a total amount of 60 million yuan, changing its status from a controlling subsidiary to a wholly-owned subsidiary [1][3]. Summary by Sections Buyback Overview - The company held meetings on September 29, 2025, where it approved the proposal to buy back shares from Zhongshan Zhongying Industrial Investment Co., Ltd. for 60 million yuan. Jinma Cultural Tourism Technology is one of the investment project implementation entities for the company's initial public offering [2]. Progress and Completion - Following board approval, the company signed a share buyback agreement with Zhongying Investment and paid the agreed buyback amount along with fixed returns. The necessary business registration changes have been completed, and the pledged shares provided for fulfilling the buyback obligations have been canceled. This buyback strengthens the company's control over Jinma Cultural Tourism Technology and optimizes its subsidiary's equity structure [3].

证券代码：300756 证券简称：金马游乐 公告编号：2025-067 广东金马游乐股份有限公司 关于回购控股子公司股权暨募投项目实施主体股权 结构变更的进展公告 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、股权回购事项概述 广东金马游乐股份有限公司（以下简称"公司"）于 2025 年 9 月 29 日召开 第四届董事会第十三次会议、第四届监事会第十三次会议，审议通过了《关于回 购控股子公司股权暨募投项目实施主体股权结构变更的议案》，同意公司支付 6,000 万元回购中山中盈产业投资有限公司（以下简称"中盈投资"）持有的公 司子公司、公司首次公开发行股票募集资金投资项目实施主体之一的中山市金马 文旅科技有限公司（以下简称"金马文旅科技"）全部股权，并授权公司管理层 与中盈投资签署相关法律文件、办理与本次股权回购事项相关的一切事宜。 上述具体内容详见公司于 2025 年 9 月 30 日在巨潮资讯网上披露的《关于回 购控股子公司股权暨募投项目实施主体股权结构变更的公告》（公告编号： 2025-057）。 广东金马游乐股份有限公司 董 事 会 二、股权回购 ...

Core Viewpoint - Jinma Amusement (300756) has announced that its newly developed launch roller coasters are gaining popularity among enthusiasts and tourists, indicating a growing market demand for such attractions in theme parks and amusement parks [1] Group 1: Product Development and Market Demand - The launch roller coasters have a faster instantaneous start speed and a higher level of excitement compared to traditional chain-lift roller coasters, making them a key attraction in the industry [1] - The company has successfully developed multiple sets of launch roller coaster products after nearly five years of research and innovation, filling a technological gap in the domestic market [1] Group 2: Technological Innovation and Industry Leadership - The technological innovation has been a significant driver for the company's long-term high-quality development, achieving a level of technology that is domestically leading and internationally advanced [1] - The company has accumulated and innovated over the years, establishing a leading position in technology and processes within the industry [1] Group 3: Future Strategy and Market Positioning - The company plans to continue promoting the transformation of technological achievements in line with market demand, enhancing its market competitiveness through technology empowerment [1] - This approach aims to support the upgrading of the cultural tourism industry, reflecting the company's commitment to innovation and quality improvement [1]

Core Viewpoint - The company, Jinma Amusement (300756), highlights a significant trend towards intelligence, IP integration, and content development in the cultural, tourism, and entertainment sectors, driven by new technology applications [1] Industry Trends - The cultural and tourism industries are increasingly adopting intelligent and innovative technologies, leading to a demand for differentiated products that combine culture and technology [1] - There is a growing market preference for new products that leverage AI and robotics within the entertainment and tourism sectors [1] Company Strategy - The company aims to enhance its product offerings by utilizing its accumulated advantages in manufacturing, system integration, mechanical technology, and customer resources [1] - Jinma Amusement is actively embracing AI and robotics to innovate applications in amusement, culture, tourism, and entertainment scenarios [1] - The focus is on developing intelligent robots for cultural tourism applications and entertainment services to expand the company's industrial boundaries and enrich the industry ecosystem [1]

Core Viewpoint - Jinma Amusement (300756) announced plans to invest in Matrix Super Intelligence by becoming a shareholder through equity investment in the first half of 2025, aiming to establish a joint venture by September 2025 to explore innovative applications of AI and robotics in various sectors [1] Group 1 - The company recognizes the technological strength and development philosophy of Matrix Super Intelligence [1] - A joint venture will be established to integrate resources and leverage strengths in the fields of amusement, culture, tourism, and entertainment [1] - The company plans to expand its business through a strategy of "independent innovation + industrial investment," focusing on key technologies, core components, and application scenarios [1]

Core Viewpoint - The company, Jinma Amusement (300756), reported that it is progressing according to its established plans, with operational performance experiencing fluctuations due to factors such as client park opening schedules, site preparations, and payment situations [1] Group 1: Operational Performance - The company has experienced certain fluctuations in overall operational performance over the past few years due to market volatility, but it continues to make steady progress [1] - New orders signed in both domestic and international markets have seen a significant year-on-year increase [1] Group 2: Strategic Initiatives - The company is continuously optimizing its product and production delivery systems in response to market demand, enhancing cost control, and accelerating the release of new production capacity [1] - Starting from the second quarter of 2025, the company plans to complete the quality delivery of several representative innovative projects, leading to an improvement in overall product gross margin [1] Group 3: Future Outlook - In the second half of 2025, the company will continue to carry out its work in an orderly manner, focusing on key areas such as technological innovation, global expansion, quality enhancement, and management efficiency [1] - The company aims to maintain its leading advantage in core business areas and enhance the quality and resilience of its development, laying a solid foundation for long-term stable and high-quality growth [1]

Core Viewpoint - The domestic cultural and tourism market has entered a stable upward development track, with a steady recovery in investment indices and a diversification in investment and operational structures [1] Industry Summary - The cultural and tourism investment index is steadily recovering, indicating positive market trends [1] - There is an expansion of market space in lower-tier cities, alongside sustained demand for various cultural and tourism products and services [1] - New construction, expansion, renovation, and updates of amusement parks, theme parks, scenic spots, venues, and complexes present significant growth opportunities for market expansion [1] Company Summary - The company plans to provide high-quality amusement products and services tailored to diverse customer needs, contributing to the high-quality development of the cultural and tourism-related industries [1]