Core Viewpoint - The company aims to establish itself as a leading platform in the "Internet New Audio-Visual" sector through technological innovation and market-driven strategies [1] Group 1: Strategic Focus - The company is focused on developing a "head platform" in the Internet New Audio-Visual space [1] - The strategic goal includes leveraging technological advancements such as ultra-high definition, artificial intelligence, cloud computing, and big data [1] Group 2: Talent Acquisition and Team Stability - The company is actively promoting market-oriented mechanisms to attract professional talent [1] - Competitive compensation and incentive mechanisms are being implemented to ensure team stability and high morale [1] Group 3: Sustainable Development - The company is committed to achieving sustainable and healthy development through its strategic initiatives and talent management [1]

Market Overview - The television broadcasting sector increased by 0.34% compared to the previous trading day, with GuiGuang Network leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Stock Performance - GuiGuang Network (600996) closed at 66.8, up 10.04% with a trading volume of 677,900 shares and a transaction value of 601 million [1] - Hubei Broadcasting (000665) closed at 5.88, up 2.08% with a trading volume of 320,500 shares and a transaction value of 187 million [1] - Other notable performers include: - Electric Broadcasting Media (000917) at 7.86, up 1.81% [1] - ST Guangwang (600831) at 4.78, up 1.70% [1] - New Media Co. (300770) at 46.11, up 0.94% [1] Fund Flow Analysis - The television broadcasting sector experienced a net outflow of 53.9764 million from institutional investors and a net outflow of 110 million from speculative funds, while retail investors saw a net inflow of 164 million [2] - The fund flow for key stocks includes: - GuiGuang Network had a net inflow of 16.414 million from institutional investors, but a net outflow of 95.9546 million from speculative funds [3] - Hubei Broadcasting saw a net inflow of 20.1779 million from institutional investors, with a net outflow of 5.059 million from speculative funds [3] - Electric Broadcasting Media had a net inflow of 1.8656 million from institutional investors [3]

Market Overview - The television broadcasting sector experienced a decline of 2.17% on September 18, with Jishi Media leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Individual Stock Performance - Jishi Media (601929) closed at 5.02, down 7.21% with a trading volume of 6.0892 million shares and a turnover of 3.213 billion yuan [1] - ST Guangwang (600831) closed at 4.70, down 5.05% with a trading volume of 127,300 shares and a turnover of 61.36 million yuan [1] - Hubei Broadcasting (000665) closed at 5.76, down 2.54% with a trading volume of 431,900 shares and a turnover of 252 million yuan [1] Capital Flow Analysis - The television broadcasting sector saw a net outflow of 547 million yuan from institutional investors, while retail investors had a net inflow of 555 million yuan [1] - The table of capital flow indicates that major stocks like Dongfang Mingzhu (600637) and Jiangsu Cable (600959) had mixed capital inflows and outflows [2] Detailed Capital Flow for Selected Stocks - Dongfang Mingzhu (600637) had a net inflow of 7.7881 million yuan from institutional investors, while retail investors saw a net outflow of 6.9660 million yuan [2] - Jiangsu Cable (600959) recorded a net inflow of 7.2917 million yuan from institutional investors, with a net outflow of 16.2195 million yuan from retail investors [2] - ST Guangwang (600831) experienced a significant net outflow of 12.0973 million yuan from institutional investors, while retail investors had a net inflow of 6.6598 million yuan [2]

Group 1 - The company, Xinmei Co., Ltd. (stock code: 300770), reported that as of September 10, 2025, the total number of shareholders is 25,364 [1]

Market Overview - The television broadcasting sector increased by 1.61% compared to the previous trading day, with Jishi Media leading the gains [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Individual Stock Performance - Jishi Media (601929) closed at 6.11, up 5.89%, with a trading volume of 6.35 million shares and a turnover of 3.8 billion yuan [1] - Gehua Cable (600037) closed at 8.51, up 2.78%, with a trading volume of 266,600 shares and a turnover of 226 million yuan [1] - Tianwei Video (002238) closed at 8.58, up 1.18%, with a trading volume of 60,700 shares and a turnover of 51.89 million yuan [1] - Hubei Broadcasting (000665) closed at 6.13, up 0.82%, with a trading volume of 255,400 shares and a turnover of 156 million yuan [1] - Other notable stocks include Dongfang Mingzhu (600637) and Jiangsu Cable (600959), which saw minor increases of 0.35% and 0.26% respectively [1] Capital Flow Analysis - The television broadcasting sector experienced a net outflow of 24.26 million yuan from institutional investors, while retail investors saw a net inflow of 21.2 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Detailed Capital Flow for Selected Stocks - Hubei Broadcasting (000665) had a net inflow of 25.62 million yuan from institutional investors, while retail investors had a net outflow of 11.75 million yuan [3] - Jishi Media (601929) saw a net inflow of 21.80 million yuan from retail investors, despite a significant outflow of 169 million yuan from institutional investors [3] - Guangxi Broadcasting (600936) had a net inflow of 8.35 million yuan from institutional investors, while retail investors experienced a net outflow of 8.37 million yuan [3]

Market Overview - The television broadcasting sector increased by 0.35% compared to the previous trading day, with Oriental Pearl leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up by 1.65%, while the Shenzhen Component Index closed at 12979.89, up by 3.36% [1] Individual Stock Performance - Oriental Pearl (600637) closed at 69.8, rising by 1.88% with a trading volume of 837,900 shares and a transaction value of 717 million yuan [1] - Other notable stocks include: - Haoliang Co. (301262) at 25.63, up by 1.10% [1] - Guiguang Network (600996) at 8.28, up by 0.61% [1] - Tianwei Video (002238) at 8.48, up by 0.59% [1] - Wireless Media (301551) at 49.00, up by 0.51% [1] Capital Flow Analysis - The television broadcasting sector experienced a net outflow of 164 million yuan from institutional investors and 122 million yuan from speculative funds, while retail investors saw a net inflow of 286 million yuan [2] - The capital flow for individual stocks shows: - Oriental Pearl had a net inflow of 43.39 million yuan from institutional investors, but a net outflow of 25.59 million yuan from speculative funds [3] - New Media Co. (300770) had a net inflow of 1.88 million yuan from institutional investors, with a significant outflow from speculative funds [3] - ST Guangwang (600831) faced a net outflow of 6.43 million yuan from institutional investors [3]

Market Overview - The television broadcasting sector increased by 0.17% compared to the previous trading day, with Xinmei Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Stock Performance - Xinmei Co., Ltd. (300770) closed at 47.40, up 2.60% with a trading volume of 103,200 shares and a transaction value of 488 million yuan [1] - Jiangsu Cable (600959) closed at 3.78, up 2.44% with a trading volume of 773,500 shares [1] - Hubei Broadcasting (000665) closed at 6.07, up 2.19% with a trading volume of 330,400 shares [1] - Other notable performers include Tianwei Video (002238) up 1.57% and Huashu Media (000156) up 1.49% [1] Capital Flow - The television broadcasting sector experienced a net outflow of 199 million yuan from institutional investors, while retail investors saw a net inflow of approximately 39.99 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Individual Stock Capital Flow - Xinmei Co., Ltd. saw a net inflow of 21.53 million yuan from institutional investors, but a net outflow of 20.27 million yuan from retail investors [3] - Hubei Broadcasting had a net inflow of 15.92 million yuan from institutional investors, with retail investors also showing a net outflow [3] - Electric Broadcasting (000917) recorded a net inflow of 15.41 million yuan from institutional investors, while retail investors had a significant outflow [3]

证券代码：300770 证券简称：新媒股份 公告编号：2025-038 广东南方新媒体股份有限公司 关于特定股东减持计划实施完毕的公告 股东横琴红土融耀创业投资合伙企业（有限合伙）保证向本公司提供的信息 内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1. 广东南方新媒体股份有限公司（以下简称"公司"）于 2025 年 7 月 28 日 披露了《关于特定股东股份减持计划的预披露公告》（公告编号：2025-026）。公 司股东横琴红土融耀创业投资合伙企业（有限合伙）（以下简称"横琴红土"）计 划自减持计划公告之日起 15 个交易日后的 3 个月内（自 2025 年 8 月 18 日至 11 月 17 日）通过集中竞价方式或大宗交易方式减持公司股份，减持数量合计不超 过6,843,437股（根据公司注销回购专用账户股份后的总股本227,838,591股计算， 对应减持股份数量调整为不超过 6,835,157 股），不超过上述公告披露时公司总股 本 229,130,909 股的 2.99%，不超过公司注销回购专用账户股份后的 ...

Group 1 - The core viewpoint of the report is that Wanlian Securities has given a "buy" rating for Xinmei Co., Ltd. (300770.SZ) based on several positive factors [1] - Revenue is steadily growing, supported by the continuation of tax incentives, which positively impacts the net profit attributable to the parent company [1] - The IPTV business is experiencing continuous growth in effective users, with various online activities significantly boosting the scale of value-added services [1] - The content copyright business is focused on diversification, with ongoing construction of the media asset library [1] - The internet television business is enhancing the functionality of cloud viewing products and rapidly advancing smart terminal operations [1]

Market Overview - The television broadcasting sector experienced a decline of 0.35% on the previous trading day, with Oriental Pearl leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Jiushi Media (601929) saw a significant increase in its closing price, rising by 9.94% to 5.53 [1] - Hubei Broadcasting (000665) increased by 2.42% to 6.36, while Wireless Media (301551) rose by 1.64% to 50.16 [1] - Conversely, Oriental Pearl (600637) fell by 3.17% to 8.55, and other notable declines included Tianwei Video (002238) down 2.49% and Jiangsu Cable (656009) down 2.49% [2] Trading Volume and Capital Flow - The television broadcasting sector saw a net inflow of 623 million yuan from institutional investors, while retail investors experienced a net outflow of 311 million yuan [2][3] - Jiushi Media had a net inflow of 674 million yuan from institutional investors, representing 18.02% of its trading volume [3] - Hubei Broadcasting had a net inflow of 47.25 million yuan, accounting for 7.87% of its trading volume [3]