中信出版集团股份有限公司 董事会提名委员会工作细则 二〇二五年九月 中信出版集团股份有限公司 董事会提名委员会工作细则 第一章 总 则 第一条 为规范中信出版集团股份有限公司（以下简称"公司"）董事、高级 管理人员的产生，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上 市公司治理准则》《中信出版集团股份有限公司章程》《上市公司独立董事管理办 法》及其他有关规定，公司设立董事会提名委员会，制定本工作规则。 第二条 董事会提名委员会是董事会下设的专门委员会，主要负责对公司董 事和总经理人员的选择标准和程序进行研究并向董事会提出建议。 第三条 公司人力资源部是提名委员会的日常办事机构。 第二章 人员组成 第四条 提名委员会成员由不少于（包含）三名董事组成，其中独立董事应 当占多数。 第五条 提名委员会委员由董事长、过半数的独立董事或者全体董事的三分 之一以上提名，并由董事会选举产生。 第六条 提名委员会设主任委员（召集人）一名，由独立董事委员担任，经 委员会选举产生，负责主持委员会工作。 第七条 提名委员会任期与董事会任期一致，委员任期届满，连选可以连任。 期间如有委员不再担任公司董事职务，自动失去委 ...

Core Viewpoint - The company, CITIC Publishing, is currently not directly investing in short films or movies but is expanding its collaboration with leading IPs in animation, gaming, and film [2]. Group 1: Business Operations - CITIC Publishing has successfully acquired derivative rights for major gaming and film IPs such as "Black Myth: Wukong," "Nezha: The Devil's Child," "Chinese Folktales," "Chang'an 30,000 Miles," and "Detective Chinatown" [2]. - The company has established a mature "film-game-book" linkage mechanism to enhance its IP coverage, exploration, planning, and operation system [2]. Group 2: Market Position and Growth - The company's new animation production line is expected to grow by over 25% year-on-year in 2024 [2]. - CITIC Publishing's market share in the category of film, animation, and gaming-related books has risen to the first position in the market [2]. Group 3: Strategic Focus - The company is actively tracking new technologies, concepts, and models that drive industry development, leveraging its resource advantages and development strategy to advance its business layout [2].

Core Viewpoint - The company, CITIC Publishing (300788.SZ), is focusing on expanding its collaboration with leading anime, gaming, and film IPs, while currently not investing directly in short dramas or films [1] Group 1: Business Development - The company has successfully acquired derivative rights for major gaming and film IPs such as "Black Myth: Wukong," "Nezha: The Devil's Child," "Chinese Folktales," "Chang'an 30,000 Li," and "Detective Chinatown" [1] - The new anime production line is expected to grow by over 25% year-on-year in 2024 [1] - The company's market share in the category of film, anime, and gaming-related books has risen to the first position [1] Group 2: IP Strategy - A mature "film-game-book" linkage mechanism has been established, focusing on the evolution of IP coverage, exploration, planning, and operation systems [1] - The company is actively tracking new technologies, concepts, and models that drive industry development, leveraging its resource advantages and strategic development to advance its business layout [1]

Investment Rating - The report maintains a "Buy" rating for the media industry [6][10]. Core Insights - The media industry is expected to benefit from the ongoing integration of AI applications and consumer demand, particularly during the upcoming National Day and Double Eleven shopping festivals [5][16]. - Huawei's "Smart World 2035" report predicts that by 2035, there will be 900 billion AI entities, indicating a significant shift towards an interconnected AI-driven economy [17][18]. - The report highlights the importance of high-quality content and innovative consumption experiences in driving growth within the media sector [20][24]. Summary by Sections Industry Review - The media sector has shown varied performance, with the gaming index experiencing significant gains while the lottery index has declined [15]. - The overall market indices for the week of September 15-19, 2025, showed fluctuations, with the Shanghai Composite Index down by 1.30% [15]. Media Industry Dynamics - The report emphasizes the role of AI in transforming consumer experiences and driving new consumption scenarios, supported by recent government policies [16]. - Companies like Oriental Pearl and Wanda Film are highlighted for their innovative approaches to integrating AI with content and consumer experiences [16][20]. Key Recommended Stocks - The report recommends several stocks within the media sector, including Oriental Pearl, Mango Super Media, and Wanda Film, all of which are expected to benefit from upcoming events and AI integration [6][10]. - Specific companies are noted for their strategic initiatives, such as BlueFocus's AI strategy and Huace Film's new content releases [6][10]. Upcoming Events and Market Trends - The report discusses the anticipated impact of the National Day film releases and the Double Eleven shopping festival on the cinema and e-commerce sectors [20][21]. - The ongoing negotiations regarding TikTok are also mentioned, indicating potential implications for digital marketing and e-commerce platforms [22][23].

Core Viewpoint - The company, CITIC Publishing, emphasizes its commitment to promoting global cultural exchange and aims to enhance its international presence through strategic partnerships and copyright exports [1] Group 1: Strategic Focus - CITIC Publishing focuses on key themes such as international dynamics, business civilization, and technological innovation [1] - The company aims to attract top thinkers, including Nobel laureates in economics and global business leaders, to enhance its intellectual capital [1] Group 2: Global Partnerships - Over the past decade, CITIC Publishing has established deep collaborations with over a thousand renowned publishers worldwide [1] - The company has successfully exported more than 2,600 book copyrights to over 40 countries, including the UK, US, France, Japan, South Korea, Russia, Italy, and regions in Southeast Asia and the Middle East [1] Group 3: Copyright Export - CITIC Publishing exports around 400 various types of copyrights annually, including e-books, audiobooks, and printed books [1] Group 4: Future Initiatives - The company plans to explore new models of cultural trade, enhance the digitalization of trade, and improve its data governance system [1]

"这本书的价格是89元，但是叠加消费券，这两本进口原版书的总价79元，这次来书市收获很大。"9月 12日至22日，2025"我与地坛"北京书市（以下简称"地坛书市"）在地坛公园举办，一位现场消费者告诉 《证券日报》记者。 据悉，本届书市主展场总面积约2万平方米，比2024年增加2000平方米展销近50万种出版物和文化产 品，较2024年增加约10万种。同时北京文化（000802）消费促进行动还向读者发放总额500万元的图书 惠民券。数据显示，9月12日以来，地坛书市在三天内吸引市民读者18万人次。 记者走访多个展台了解到，惠民券的发放叠加展会效应，进一步激发了消费者购书消费的动力。 "几乎是天天都在补货的状态。"在地坛书市现场，中信出版（300788）集团股份有限公司（以下简 称"中信出版"）图书发行市场营销部负责人孙雨薇告诉《证券日报》记者，"与去年相比，今年惠民券 发放的力度明显加大，人流量也更多，也更好地促进了我们展位图书的销售。" "文创消费的增长和书市重要性的转变，应从情绪价值和享受型消费的角度来理解。"中国商业联合会专 家委员赖阳告诉《证券日报》记者，文创产品赋予了商品独特的文化内涵，满足了消费者 ...

Group 1 - The core event is the 2025 Annual Publishing Integration Development Project Promotion Conference held in Beijing on September 5 [1] - The Publishing Integration Development Project is included in the national "14th Five-Year Plan" and is implemented by the National Press and Publication Administration [1] - A total of 40 key projects were selected for this year's initiative, highlighting the importance of innovation in the publishing industry [1] Group 2 - The company Zhongxin Publishing (300788) successfully developed a full-link intelligent publishing platform named "Kuafu AI," which was selected as a key project [1]

Investment Rating - The report maintains a "Buy" rating for the media industry, highlighting potential growth driven by AI applications [4][8]. Core Insights - The integration of AI is expected to enhance the commercial value of cultural media internet applications, with a continuous upward trend in AI development from hardware to applications [3][14]. - The Chinese government has launched initiatives to implement "Artificial Intelligence +" actions, aiming for over 90% penetration of new intelligent terminals and applications by 2030, which will support the iteration of AI models and applications in enterprises [3][14]. - Key companies in the media sector are recommended for investment, including Oriental Pearl, Mango Super Media, BlueFocus, Wanda Film, and others, with specific growth drivers identified for each [4][8]. Summary by Sections Industry Review - The media sector has shown significant performance, with the media index rising by 72.7% over the past 12 months, outperforming the CSI 300 index [1][3]. - The report notes a recovery in the film industry, with the summer box office reaching 11.966 billion yuan, surpassing the previous year's total [28]. Key Company Recommendations - Companies such as Oriental Pearl (600637), Mango Super Media (300413), and BlueFocus (300058) are highlighted for their potential growth in the AI-driven market [4][8]. - Specific forecasts for earnings per share (EPS) and price-to-earnings (PE) ratios are provided for various companies, indicating strong growth prospects [8]. AI and Technology Trends - The report emphasizes the importance of AI in driving new business models and applications, particularly in the fields of digital marketing and content creation [14][18]. - The upcoming Alibaba Cloud Summit is expected to showcase advancements in AI technology and its applications across various sectors [14]. Market Dynamics - The report discusses the evolving landscape of e-commerce and digital marketing, with companies like Alibaba and JD.com leveraging AI to enhance user experience and operational efficiency [25][26]. - The gaming sector is also highlighted, with Tencent's integration of social media and gaming platforms indicating a trend towards deeper user engagement [24]. Future Outlook - The report anticipates continued growth in the media sector, driven by AI innovations and supportive government policies, with a focus on companies that are well-positioned to capitalize on these trends [3][4][14].

Summary of Citic Publishing Conference Call Company Overview - **Company**: Citic Publishing - **Industry**: Publishing and Digital Media Key Points and Arguments 1. **Digital Transformation**: Citic Publishing has implemented the "Kuafu" digital production platform, achieving cost reduction and efficiency improvement in its digital transformation 2.0, enhancing content production efficiency and multi-modal conversion capabilities, and optimizing precision marketing strategies, including AI-driven user profiling and intelligent supply chain management [2][3][4] 2. **Financial Performance**: In the first half of the year, the company's book distribution revenue grew by 4.5%, with a gross margin increase to 41.7% and a market share of 3.05%. This growth was primarily driven by the successful capture of social hotspots in management and social science books, as well as the successful operation of the anime product line, including derivatives from "Nezha" and collaborations with the Black Myth team [2][5] 3. **Expansion of Anime Product Line**: Citic Publishing is actively expanding its literary and anime product lines through collaborations with the Black Myth team and other projects, linking tourism books, film and television dramas, and domestic animation IP resources to develop cultural and trendy products, while also engaging in community operations for multi-dimensional development [2][6] 4. **B2B Business Development**: The company has been expanding its B2B business through "centralized book selection" and knowledge services, including customized training courses and corporate services. Future plans include offering comprehensive knowledge service packages, including reports, courses, and internal corporate events [2][7] 5. **Omni-channel Strategy**: Citic Publishing has established an omni-channel layout, including traditional e-commerce, live e-commerce, self-owned small communities, and private traffic platforms. The strategy focuses on clear user profiling and real-time hotspots to push relevant categories, with live streaming primarily selling self-owned products [2][8] 6. **IP Derivative Products**: The company has over 380 self-developed SKUs for IP derivative products, with the launch schedule synchronized with the release of related films, dramas, or comics. The sales strategy includes both online and offline channels, with a focus on community engagement and market demand [2][9] 7. **Cultural Space Operations**: The operation of Citic Publishing's urban cultural spaces showed growth in the first half of 2025, attributed to precise market demand understanding and effective diversified management strategies [2][10] 8. **Future Plans for Physical Stores**: The company has redefined physical stores as urban cultural spaces, closing some locations post-pandemic and adopting a strategy of cautious expansion. Current stores are profitable, and new store openings are based on verified local demand [2][11] 9. **Dividend Announcement**: Citic Publishing announced its first interim dividend, driven by national value management assessment requirements for state-owned enterprises and the company's ongoing efforts in product and industry chain management. The company aims to maintain growth in both IP and content sectors [2][11] Additional Important Content - **AI Tools Utilization**: The company is exploring the use of AI tools to create other content formats, such as short videos or short dramas, to meet market demand and reader preferences [2][5] - **Cost Management**: The company has implemented measures to reduce costs through digital development and strict management of sales expenses, contributing to revenue and profit growth [2][5]

Core Insights - The total box office for the summer film season in 2025 has surpassed 11.5 billion yuan, with over 300 million viewers, indicating a strong performance in the domestic film market [1][2] - "Nanjing Photo Studio" has emerged as the biggest winner, grossing over 2.8 billion yuan, setting a record for historical films in China's summer box office [1][2] - The dominance of domestic films is evident, with a 91.2% market share in the first half of 2025, reflecting a shift towards diverse and culturally resonant storytelling [2] Box Office Performance - As of August 29, 2025, the daily box office reached approximately 1.59 billion yuan, with a total of 4.34 million tickets sold [1] - "Nanjing Photo Studio" has grossed 2.849 billion yuan over 36 days, while "Wang Wang Mountain Little Monster" has surpassed 1.3 billion yuan [2] - Other notable films include "Ro Xiao Hei Battle 2" with approximately 480 million yuan and "Dong Ji Island" with around 380 million yuan [1][2] Industry Trends - The summer box office for 2025 is approximately 8.74 billion yuan, close to the previous year's 9.22 billion yuan, but still lower than 2023 and 2019 [2] - The rise of domestic films is attributed to their focus on Chinese narratives and diverse genres, enhancing cultural confidence [2] - The film industry is exploring innovative business models to reduce reliance on box office revenue, aiming to increase non-ticket income [2] Company Responses - Wanda Film reported that the current summer box office is nearing last year's levels, with a strong lineup of domestic films driving audience engagement [2] - Jiecheng Co. has secured rights for "Wang Wang Mountain Little Monster" merchandise, indicating a strategic focus on IP development and consumer engagement [4] - Beijing Culture and Huayi Brothers have clarified their investment positions in "Dong Ji Island," indicating limited financial impact from the film's performance [6][8]