证券代码：300860 证券简称：锋尚文化 公告编号：2024-038 锋尚文化集团股份有限公司 关于 2023 年年度权益分派实施后 调整回购股份价格上限的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 特别提示： 1、调整前回购股份价格上限为：65.49 元/股 2、调整后回购股份价格上限为：46.55 元/股 一、回购股份的基本情况 锋尚文化集团股份有限公司（以下简称"公司"）于2024 年 2 月 8 日召开 第三届董事会 2024 年第一次临时会议、第三届监事会第十六次会议及 2024 年 2 月 29 日召开 2024 年第二次临时股东大会，分别审议通过了《关于回购公 司股份方案的议案》，同意公司使用自有资金通过集中竞价方式回购部分社会 公众股，回购的股份将全部用于实施股权激励计划或员工持股计划。回购股份 价格不超过人民币 65.49 元/股，回购资金总额不低于人民币 5,000 万元且不 超过人民币 10,000 万元（均含本数）。具体回购股份数量以回购期限届满时 实际回购的股份数量为准。回购股份期限为公司股东大会审议通过回购股份方 案之 ...

证券代码：300860 证券简称：锋尚文化 公告编号：2024-037 锋尚文化集团股份有限公司 2023 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 锋尚文化集团股份有限公司（以下简称"公司"或"锋尚文化"）2023 年 年度权益分派方案已获 2024 年 4 月 2 日召开的 2023 年年度股东大会审议通过， 现将权益分派事宜公告如下： 一、股东大会审议通过利润分配及资本公积金转增股本方案等情况 1、2023 年年度股东大会审议通过的 2023 年年度权益分派方案为：以股权 登记日的总股本为基数（扣除回购账户中的股份），向全体股东每 10 股派发现 金股利人民币 6.00 元（含税），同时以资本公积金向全体股东每 10 股转增 4 股。本次权益分派共预计转增 54,493,331.20 股，派发现金 81,739,996.80 元。 本次利润分配及资本公积金转增股本预案公布后至实施前，如公司总股本中于可 转债转股，股份回购，股权激励或员工持股计划等原因而发生变化时，按照分配 比例不变的原则，分红金额相应调整。实际分派结果以中国证 ...

关于部分限制性股票回购注销完成的公告 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。 特别提示： 1、本次回购注销的限制性股票共计 119,700 股，占回购注销前公司总股本 的 0.09%，本次回购注销涉及激励对象人数为 90 人，回购价格为 26.56 元/股， 回购总金额合计人民币 3,179,232 元。 2、公司已于 2024 年 5 月 8 日在中国证券登记结算有限责任公司深圳分公司 办理完成上述限制性股票的回购注销手续。本次注销完成后，公司总股本由 137,167,748 股减至 137,048,048 股。 锋尚文化集团股份有限公司（以下简称"公司"）于 2024 年 3 月 8 日召开 了第三届董事会第五次会议和第三届监事会第十七次会议，审议通过了《关于回 购注销部分已授予但尚未解除限售的限制性股票的议案》，根据《上市公司股权 激励管理办法》（以下简称"《管理办法》"）及公司《2021 年限制性股票激励 计划（草案）》（以下简称"《激励计划》"）等相关规定，公司将其持有的已 获授但尚未解除限售的限制性股票进行回购注销。现将有关事项说明如下： ...

本次电话会议紧面向华新证券的专业投资机构客户或受邀客户本次会议在任何情形下都不构成对会议参加者的投资建议华新证券不对任何人因使用会议内容而引致的任何损失承担任何责任 未经华新证券事先书面许可任何机构或个人严禁以任何形式将会议内容和相关信息对外公布转发转载传播复制编辑修改解读等涉嫌违反上述情形的本公司保留追究其法律责任的权利 好的,谢谢小秘书,各位下午好,我是华信传媒的珠珠,那今天欢迎大家参加我们的会议,那今天非常荣幸邀请到的是风尚文化300860公司的领导李勇总以及佳志总来打一些货,那咱们今天的会议呢直接进入到问答环节。 参会的领导们如果有任何问题欢迎文字留言提问那接下来呢我们就直接进入到问答环节李总和佳芝总能听得见吗 大致总在吗?在线了,在线了,好的好的,那因为丰人文化在亚运会期间关注度非常高,公司在新的技术端也是做了很多的案例分享,那接下来我们就直接进入到问答环节,那我的第一个问题就是关于公司的主业, 现在来看的话就大型的文艺活动和文旅演艺那现在已经步入到了2024年能不能有请领导跟我们分享一下目前整个主页端的一个进展是怎么样的因为文旅演艺在23年在后疫情之下还是恢复比较好的那这个部分在24年有没有可能实 ...

本次会议在任何情形下都不构成对会议参加者的投资建议华新证券不对任何人因使用会议内容而引致的任何损失承担任何责任 未经华欣证券事先书面许可任何机构或个人严禁以任何形式将会内容和相关信息对外公布转发转载传播复制编辑修改解读等涉嫌违反上述情形的本公司保留追究其法律责任的权利 好的 谢谢小秘书 各位下午好我是华尽传媒的珠珠那今天欢迎大家参加我们的会议那今天非常荣幸邀请到的是风尚文化300860公司的领导李勇总以及嘉志总来答一解惑那咱们今天的会议直接进入到问答环节参会的领导们如果有任何问题欢迎文字留言提问那接下来我们就直接进入到问答环节 李总和佳芝总能听得见吗喂小秘书麻烦外汇一下李永总掉线了稍等一下 好的联系上了李总了吗 好的好的 林总现在在线了吗 佳芝总在吗在线了在线了好的好的那因为丰盛文化在亚运会期间关注度非常高公司在新的技术端也是做了很多的案例分享那接下来我们就直接进入到问答环节那我的第一个问题就是关于公司的主业现在来看的话就大型的文艺活动和文旅演艺那现在已经步入到了2024年 能不能有请领导跟我们分享一下目前整个主页端的一个进展是怎么样的因为文旅你在23年在后疫情之下还是恢复比较好的那这个部分在24年有没有可能 ...

Investment Rating - The report maintains a "Buy" rating for the company, with an expected performance relative to the market index of 5% to 15% increase [4][16]. Core Insights - The company has a strong order backlog, with a total of 900 million yuan in hand orders as of the end of Q1 2024, indicating robust future revenue potential [2][4]. - The company is actively expanding its C-end projects, including the launch of the LIVE brand and various significant cultural events, which are expected to drive revenue growth [2][24]. - The company reported a significant increase in revenue and net profit for 2023, with revenue reaching 677.8 million yuan, a year-on-year growth of 111.46%, and net profit of 134.48 million yuan, a year-on-year increase of 813.92% [9][16]. Financial Performance Summary - For 2024-2026, the company is projected to achieve revenues of 862.17 million yuan, 1.00889 billion yuan, and 1.12892 billion yuan, respectively, with corresponding net profits of 217.44 million yuan, 264.75 million yuan, and 307.46 million yuan [4][12]. - The company's gross margin improved to 37.37% in 2023, an increase of 11.66 percentage points year-on-year, while the net margin rose to 19.56%, up 16.97 percentage points [11][24]. - The company’s earnings per share (EPS) are forecasted to be 1.59 yuan, 1.93 yuan, and 2.24 yuan for 2024, 2025, and 2026, respectively, with price-to-earnings (P/E) ratios of 23, 19, and 16 [4][12]. Business Recovery and Growth - The company has seen a significant recovery in its business operations, benefiting from the rapid recovery of the tourism and entertainment sectors, with a notable increase in project deliveries [24]. - Major projects completed in 2023, including the Hangzhou Asian Games, contributed to a substantial increase in revenue from large cultural performances, which reached 453 million yuan, a growth of 74.22% [24]. - The cultural tourism segment also performed well, generating 213 million yuan in revenue, a remarkable increase of 514.45% year-on-year [24].

证券代码：300860 证券简称：锋尚文化 公告编号：2024-035 锋尚文化集团股份有限公司 关于回购公司股份进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 锋尚文化集团股份有限公司（以下简称"公司"）于2024 年 2 月 8 日召开 第三届董事会 2024 年第一次临时会议、第三届监事会第十六次会议及 2024 年 2 月 29 日召开 2024 年第二次临时股东大会，分别审议通过了《关于回购公 司股份方案的议案》，同意公司使用自有资金通过集中竞价方式回购部分社会 公众股，回购的股份将全部用于实施股权激励计划或员工持股计划。回购股份 价格不超过人民币 65.49 元/股，回购资金总额不低于人民币 5,000 万元且不 超过人民币 10,000 万元（均含本数）。具体回购股份数量以回购期限届满时 实际回购的股份数量为准。回购股份期限为公司股东大会审议通过回购股份方 案之日起 12 个月。具体内容详见披露于 2024 年 3 月 11 日的《回购报告书》（公 告编号：2024-025）等相关公告。 根据《上市公司股份回购规则》《深圳证券交 ...

Investment Rating - The report maintains an "Accumulate" rating for Fengshang Culture (300860) with a target price of 47.25, compared to the last closing price of 41.66 [1]. Core Views - The company is expected to achieve significant revenue growth, with projected revenues of 677 million, 865 million, 1,006 million, and 1,158 million for the years 2023 to 2026, respectively, reflecting growth rates of 111.46%, 27.78%, 16.29%, and 15.13% [4]. - The net profit attributable to the parent company is forecasted to be 134 million, 260 million, 312 million, and 350 million for the same years, with growth rates of 813.92%, 93.14%, 20.21%, and 12.15% [4]. - The company has a strong order backlog of 900 million as of Q1 2024, which is expected to support its performance throughout the year despite short-term impacts from project confirmation cycles [8]. Summary by Sections Financial Forecasts and Indicators - Revenue for 2023 is projected at 677 million, with a growth rate of 111.46%. The net profit is expected to reach 134 million, showing a remarkable growth of 813.92% [4]. - For 2024, revenue is estimated at 865 million, with a growth rate of 27.78%, and net profit is projected at 260 million, reflecting a growth rate of 93.14% [4]. - The diluted earnings per share are forecasted to be 0.98, 1.89, 2.28, and 2.55 for the years 2023 to 2026, respectively [4]. Business Development - The company is actively exploring the "low-altitude/virtual reality + performance" sector, which is expected to create new highlights for its projects and attract audience participation [8]. - The C-end operational business is beginning to generate profits, with the Shanghai 632 project achieving revenue of 33.54 million and a net profit of 9.92 million [8]. - The company is leveraging its experience from successful projects to enhance its C-end business, which is anticipated to gradually increase its revenue share in the overall income [8].

证券代码：300860 证券简称：锋尚文化 公告编号：2024-033 锋尚文化集团股份有限公司 第三届监事会第十八次会议决议公告 表决结果：3 票赞成、0 票反对、0 票弃权，0 票回避表决。 三、备查文件 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 一、监事会会议召开情况 锋尚文化集团股份有限公司（以下简称"公司"或"锋尚文化"）第三届监 事会第十八次会议通知及会议材料已于 2024 年 4 月 19 日以邮件的形式送达公司 全体监事。本次会议于 2024 年 4 月 24 日上午 11:00 在公司会议室召开。会议由 监事会主席李建召集并主持，应出席监事 3 名，实际出席监事 3 名，董事会秘书 列席了会议。本次监事会会议的召集、召开和表决程序符合《公司法》和《公司 章程》等有关规定。 二、监事会会议审议情况 本次会议经过与会监事的认真讨论，投票表决，形成如下决议： 1、审议通过《2024 年第一季度报告》 监事会认为，《2024 年第一季度报告》的程序符合法律、行政法规和中国 证监会相关规范性文件的规定，报告内容真实、准确、完整地反映了公司的实际 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥34,535,255.35, representing a 109.37% increase compared to ¥16,494,467.20 in the same period last year[5] - The net profit attributable to shareholders was -¥5,864,567.47, a decrease of 74.37% from -¥3,363,267.97 year-on-year[5] - The net profit for Q1 2024 was a loss of ¥6,688,552.95, compared to a loss of ¥3,978,014.85 in Q1 2023, reflecting a deterioration in profitability[38] - The total operating costs rose to ¥58,314,154.87, up 44.4% from ¥40,390,365.07 in Q1 2023, with operating costs specifically increasing from ¥13,210,055.25 to ¥30,832,227.30[37] - The total comprehensive income for Q1 2024 was -¥6,688,552.95, compared to -¥3,978,014.85 in the previous year[38] - The company's diluted earnings per share for Q1 2024 was -¥0.04, unchanged from the previous year[5] - The company reported a basic and diluted earnings per share of -¥0.04, worsening from -¥0.02 in Q1 2023[38] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 1,079.49%, reaching ¥15,701,460.63 compared to -¥1,603,021.65 in the previous year[5] - Cash and cash equivalents at the end of the period are RMB 756.395 million, slightly down from RMB 764.017 million at the beginning of the period[33] - The cash flow from operating activities generated a net inflow of ¥15,701,460.63, a recovery from a net outflow of ¥1,603,021.65 in the previous year[41] - The cash flow from investing activities showed a net inflow of ¥2,996,578.54, down from ¥54,867,149.47 in Q1 2023[41] - The cash flow from financing activities resulted in a net outflow of ¥18,739,011.58, compared to a net outflow of ¥23,570,608.20 in the same period last year[42] - The company’s cash and cash equivalents decreased by 1.00% to ¥756,394,669.34 compared to the end of the previous year[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 13,079[14] - The largest shareholder, Sha Xiaolan, holds 41.89% of the shares, totaling 57,457,799 shares[14] - The second-largest shareholder, Wang Fangyun, holds 12.99% of the shares, totaling 17,812,500 shares[14] - The top three shareholders collectively hold 63.65% of the company's shares[14] - The company has a repurchase account holding 1,453,220 shares, representing 1.06% of the total shares[15] - The shareholder relationship indicates that Sha Xiaolan and Wang Fangyun are spouses, with Sha controlling 8.77% of the shares through a partnership[15] - The total number of shares held by the top ten unrestricted shareholders is 100,000,000 shares[15] Order Backlog and Contracts - The company had a backlog of orders amounting to ¥900 million as of March 31, 2024, with new contracts signed totaling ¥379 million in Q1 2024[9] - The gross margin for projects related to the 14th National Winter Games was notably low due to increased labor costs during the Spring Festival[9] - The company’s contract liabilities increased by 72.13% to ¥183,867,274.59, reflecting an increase in new project signings[10] - The company reported a significant increase in contract liabilities, rising to RMB 183.867 million from RMB 106.816 million, indicating growth in advance payments received[34] Changes in Stock Structure - The company’s stock structure changed, with restricted shares decreasing and unrestricted shares increasing to 80,487,984 after the lock-up release[27] - A total of 87,297,299 shares, accounting for 63.64% of the total share capital, were released from lock-up on February 26, 2024, with 30,844,575 shares available for public trading, representing 22.49% of the total share capital[25] - The total number of restricted shares decreased from 87,524,339 to 56,679,764 after the release of lock-up shares[27] - The company has not reported any changes in the number of shares due to lending or returning shares in the current period[17] Management and Corporate Governance - The company’s management personnel changes included the resignation of Vice President Wang Xuechen, who held 7,200 restricted shares[22] - The company has approved the cancellation of 478,800 restricted stocks that have been granted but not yet vested[30] - The company’s management confirmed compliance with regulations regarding the release of restricted shares and the repurchase of shares[25] - The company has not disclosed any new strategies or market expansions in this report[16] Subsidiary and Tax Benefits - The company’s subsidiary, Beijing Fengshang Interactive Entertainment Technology Co., Ltd., received the High-tech Enterprise Certificate, allowing it to enjoy a 15% corporate income tax rate for three years from 2023 to 2025[21] Total Assets and Liabilities - The company reported a total of ¥3,716,456,082.78 in total assets as of March 31, 2024, a slight increase of 0.12% from the end of the previous year[5] - The company's total liabilities as of March 31, 2024, are RMB 419.331 million, an increase from RMB 392.591 million at the beginning of the period[34] - The total equity attributable to the parent company is RMB 3.255 billion, a decrease from RMB 3.280 billion at the beginning of the period[35] - As of March 31, 2024, the total assets amount to RMB 3.716 billion, with current assets at RMB 3.386 billion and non-current assets at RMB 330.463 million[34]