Core Viewpoint - The company received a warning letter from the Jiangsu Securities Regulatory Bureau due to improper revenue recognition in its digital marketing business, leading to inaccurate financial disclosures [3][4]. Financial Performance - The company's revenue for 2022, 2023, and 2024 was 1.738 billion, 1.482 billion, and 1.136 billion RMB, reflecting year-on-year growth rates of 49.61%, -15.58%, and -23.37% respectively [4]. - The net profit attributable to shareholders for the same years was 50.12 million, 26.39 million, and 30.46 million RMB, with year-on-year changes of -40.97%, -47.35%, and 15.44% respectively [4]. - The asset-liability ratios for 2022, 2023, and 2024 were 12.83%, 10.87%, and 18.09% respectively [4]. Corporate Governance - The company has acknowledged its accounting errors and has taken corrective actions, including a board meeting to approve adjustments to prior financial data [3]. - The chairman and general manager, Wang Kun, along with the financial director, Cao Jianxin, were held primarily responsible for the violations [3]. Company Overview - The company was established on September 14, 2012, with a registered capital of 80.3678 million RMB [3]. - It operates in mobile information services and digital marketing, with 243 employees and 21 subsidiaries [4].

证券代码：300959 证券简称：线上线下 公告编号：2025-030 无锡线上线下通讯信息技术股份有限公司 关于公司及相关人员收到江苏证监局警示函的公告 2022年至2024年三季度你公司对数字营销业务进行核算时，未能根据合同条 款和交易实质判断业务的性质，将部分应按净额法确认收入的数字营销业务按总 额法确认，导致相关财务报告信息披露不准确。 公司的上述行为违反了《上市公司信息披露管理办法》（证监会令第182号） （以下简称《信披办法》）第三条第一款的规定，公司董事长兼总经理汪坤、财 务总监曹建新未按照《信披办法》第四条的规定履行勤勉尽责义务，对公司以上 违规行为负有主要责任。 根据《信披办法》第五十二条的规定，我局决定对你们采取出具警示函的行 政监管措施，并记入证券期货市场诚信档案。你们应认真吸取教训，加强证券法 律法规学习，依法依规履行信息披露义务，杜绝类似问题再次发生。请于收到本 决定书之日起10个工作日内向我局提交书面报告。 如果对本监督管理措施不服，可以在收到本决定书之日起60日内向中国证券 监督管理委员会提出行政复议申请，也可以在收到本决定书之日起6个月内向有 管辖权的人民法院提起诉讼。复议与诉 ...

Core Insights - In 2024, Lin's Wood Industry has achieved a remarkable increase in sales and store numbers despite the cyclical challenges faced by the home furnishing industry, indicating a successful transformation of its business model [1] - The company has effectively addressed traditional industry challenges such as online price competition and consumer indecision through its "Five Consistency System," which simplifies consumer choices and reduces decision-making time from months to a week [3] - Lin's Wood Industry targets the 25 to 35 age demographic, focusing on emotional value and identity recognition rather than just functional satisfaction, exemplified by products like the "Bag Chair" and "Dynamic Island Sofa" [5] Business Model Innovation - The company has pioneered entry into Douyin's local life services in 2024, utilizing group purchase vouchers to create a seamless online-to-offline transaction experience [3] - Lin's Wood Industry's approach mirrors Xiaomi's ecosystem strategy, emphasizing full-channel coverage and deep technological involvement while also connecting with the emotional core of Chinese consumers regarding their homes [5] - The next phase for Lin's Wood Industry may involve transforming "data assets" into "emotional assets," evolving from merely selling products to creating lifestyle experiences [5] Consumer Engagement - The company's marketing strategy includes leveraging celebrity endorsements, such as actor Guo Tao acting as a "star store manager" to drive traffic to physical stores [3] - Lin's Wood Industry emphasizes the importance of resonating with consumers, highlighting that the true power of a business model lies in converting cold commercial logic into warm user value [5]

Core Viewpoint - The 2025 Beijing Conference on High-Quality Development of the Catering Industry emphasizes the importance of catering consumption as a key driver for domestic demand, highlighting the sector's robust growth and digital transformation efforts in Beijing [4][5]. Group 1: Catering Industry Growth - Service consumption in China is expanding, with catering consumption showing significant performance, becoming a crucial engine for domestic demand [4]. - From January to April, the national service retail sales increased by 5.1% year-on-year, with April's catering revenue growth reaching 5.2%, accelerating by 0.5 percentage points compared to the first quarter [4]. Group 2: Digital Transformation - Beijing's catering industry is experiencing notable digital transformation, with the "internet penetration rate" of key catering enterprises rising to 61.1% [4]. - New business models such as live streaming sales and instant retail are promoting deep integration of online and offline operations [4]. Group 3: Future Consumption Strategies - Recommendations for boosting future consumption include optimizing service supply through new technologies to enhance quality and experience [5]. - There is a call for deeper integration of business, culture, tourism, and sports to create diversified consumption scenarios [5]. - Strengthening county-level layouts and improving rural consumption infrastructure are suggested to activate the county market [5].

证券代码：300959 证券简称：线上线下 公告编号：2025-028 无锡线上线下通讯信息技术股份有限公司 2024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内容真实、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. 无锡线上线下通讯信息技术股份有限公司（以下简称"公司"）回购专用证 券账户中的股份598,900股不参与本次权益分派。2024年年度权益分派方案为：以 公司现有总股本80,367,800股，剔除回购专用证券账户中已回购股份598,900股后 的股本79,768,900股为基数，向全体股东每10股派发现金红利3.30元（含税），合 计派发现金股利26,323,737元。本年度公司不送红股、不进行资本公积金转增股 本。 一、股东大会审议通过利润分配方案的情况 1.公司2024年年度权益分派方案已获2025年5月20日召开的2024年年度股东 大会审议通过，具体内容为：以公司现有总股本80,367,800股，剔除回购专用证 券账户中已回购股份598,900股后的股本79,768,900股为基数，向全体股东每10股 派发现金红利3.30元（含税），合计派发现金股利 ...

Group 1 - The "Shopping in China 2025 Greater Bay Area Consumption Season" was launched in Guangzhou, showcasing the city's new consumption brand "Same Boat Crossing: Cantonese Rhythm Guangzhou" [1] - The event aims to create a multi-stop shopping experience in collaboration with Hong Kong and Macau, focusing on four themes: premium shopping, exquisite dining, exciting tourism, and fine performances [1] - Guangzhou will distribute consumption vouchers and expand the range of duty-free shops to enhance the experience for global tourists [1] Group 2 - During the Dragon Boat Festival, Guangzhou is extending the "Dragon Boat+" consumption chain, integrating cultural, commercial, and tourism elements to stimulate urban consumption [2] - Various promotional activities, including discounts and themed markets, are being organized to attract both residents and tourists [2] - The city will issue exclusive dining vouchers for the "Same Boat Crossing: Cantonese Rhythm Guangzhou" initiative, offering discounts up to 200 yuan [2] Group 3 - Over 20 traditional dragon boat cultural events will be organized during the festival, linking sports with tourism and shopping [3] - Guangzhou is enhancing cross-border consumption by expanding duty-free shop offerings and improving payment convenience for inbound tourists [3] - The city aims to establish itself as an international consumption center, with a focus on innovative cultural and commercial integration through the new consumption brand [3]

Group 1 - The conference highlighted the theme "Together We Forge Ahead, Striving for the Future," focusing on multi-channel strategic deployment and the launch of key new products, showcasing the brand's innovative vitality and outlining a high-quality development blueprint for partners [1][3] - Zhang Xiaoquan emphasized the importance of product innovation as the core driving force for brand development, revealing a diverse matrix of upcoming products for 2025, including tools, household hardware, kitchenware, and cookware [6][8] - The event featured an interactive experience area for dealers to personally test new products, enhancing their understanding of product design details and fostering engagement [6][8] Group 2 - The company is committed to accelerating the digital transformation of traditional dealers, focusing on e-commerce core logic and innovative strategies to help them establish a data-driven operational ecosystem [3] - A special segment showcased a short film depicting the daily work of dealers, enhancing their sense of recognition and achievement [8] - The conference also included a team-building activity that combined cultural and natural experiences, reinforcing the value recognition among partners and deepening sustainable cooperative relationships [8] Group 3 - The company plans to continue focusing on R&D innovation, deepening the high-end and intelligent layout of products, while expanding a diversified product matrix and leveraging digitalization to enhance overall competitiveness [8]

1.本次股东大会未出现否决提案的情形。 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 证券代码：300959 证券简称：线上线下 公告编号：2025-027 无锡线上线下通讯信息技术股份有限公司 2024 年年度股东大会决议公告 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、误导性陈述或重大遗漏。 特别提示： 1.现场会议召开时间：2025年5月20日（星期二）下午15:00 2.网络投票时间：2025年5月20日（星期二），其中： （1）通过深圳证券交易所（以下简称"深交所"）交易系统进行网络投票 的时间为2025年5月20日（星期二）上午9:15-9:25，9:30-11:30,下午13:00-15:00； （2）通过深交所互联网系统投票的具体时间为2025年5月20日（星期二）上 午9:15至下午15:00期间的任意时间。 3.现场会议召开地点：无锡市高浪东路999号-8-C1-12楼会议室 4.召开方式：现场表决与网络投票相结合的方式 5.召集人：公司董事会 6.主持人：公司董事长汪坤先生 7.会议召开的合法、合规性：本次 ...

本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东大会规则》（以下简 称"《股东大会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证 券法律业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简 称"《证券法律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《无 锡线上线下通讯信息技术股份有限公司章程》（以下简称"《公司章程》"）的规定， 就本次会议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决 结果等事宜，出具本法律意见书。 北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于无锡线上线下通讯信息技术股份有限公司 2024年度股东大会的 法律意见书 国枫律股字[2025]A0271 号 致：无锡线上线下通讯信息技术股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司2024年度股 ...

Core Insights - JD Sports has formed a strategic partnership with the Beijing International Bicycle Sports and Equipment Exhibition (Bike China) to enhance the cycling industry through a comprehensive event that integrates commerce, culture, and technology [1][3] - The event will take place from August 29 to 31 at the China International Exhibition Center, featuring JD Sports' "JD Cycling Eco Pavilion" showcasing various cycling products and offering seamless shopping experiences [1][2] - A significant increase in cycling-related equipment consumption is anticipated, with a projected over 50% year-on-year growth in categories such as folding bikes and electric bicycles by 2025 [2] Group 1 - JD Sports will leverage its supply chain advantages and quality cycling products to support the healthy development of the cycling industry [1] - The exhibition will include a live streaming area where cycling experts will share purchasing tips and experiences, enhancing audience engagement [1][2] - JD Sports plans to release the "2025 China Cycling Consumption White Paper" during the exhibition, focusing on consumer trends and providing strategic insights for brand partners [2] Group 2 - The partnership aims to facilitate resource sharing and innovative scenarios to help cycling brands achieve new growth [3] - JD Sports has been actively involved in the cycling sector through various events and competitions, enhancing the experience for cycling enthusiasts [2][3] - Future initiatives will include a variety of cycling events and promotional activities to encourage outdoor activities and foster a love for cycling [3]