Core Insights - Guomai Culture has established a cultural industry fund in collaboration with CICC Capital and Hengqin Guangdong-Macao Deep Cooperation Zone Industrial Investment Fund, with an investment amount of approximately 200 million yuan [1] - The publishing industry in China is undergoing a strategic transformation from a "paper-dominated medium" to a "full-media content ecosystem," driven by the digital technology revolution and cultural consumption upgrades [1] - The Chinese publishing market is projected to maintain a steady annual growth rate of 5.2%, with the market size expected to exceed 320 billion yuan in 2024 and potentially surpass 500 billion yuan by 2030 [1] Company Overview - Guomai Culture has embraced the internet and new media, creating a unique "publishing + internet" business model that focuses on publishing valuable and beautiful books while leveraging internet-driven content development [2] - In 2024, Guomai Culture reported a revenue of 582 million yuan, a year-on-year increase of 21.76%, and continued strong growth into Q1 2025 with a revenue of 124 million yuan, up 33.14% year-on-year [2] - The company has developed a matrix of over 143 internet products across platforms like WeChat, Weibo, Douyin, and Xiaohongshu, achieving a user base growth from 90.08 million at the end of 2023 to 99 million by the end of 2024, a 9.90% increase [3] Technological Advancements - Guomai Culture is actively investing in AI technology, having developed the "AI Proofreading King" product, which automates proofreading processes and enhances efficiency in the publishing industry [4] - The self-developed large language model "Pyramid" has been successfully registered with the Cyberspace Administration of China, marking it as the only large model developed and registered by a publishing company [4] New Business Ventures - In 2023, Guomai Culture entered the animation sector, with the animated film "The Stars of the Three Kingdoms 1" set to release in 2025, leveraging partnerships with leading media companies to enhance market penetration [5] - The company aims to establish a second growth curve through this venture, focusing on unique content and leveraging industry resources for long-term development [5] Strategic Goals - Guomai Culture's strategic plan for 2025 includes consolidating its publishing business, adding 500 new titles, and accelerating the deployment of new businesses like "AI Proofreading King" [6] - The company aims for a transformation towards industrialization and intelligence in publishing, utilizing AI to enhance processes across proofreading, translation, and marketing [6][7] - The long-term vision includes extending into film and IP derivatives, creating a comprehensive cultural ecosystem that balances social value and commercial efficiency [7]

Group 1 - The A-share cultural media concept has risen significantly, with Huamei Holdings and Huanrui Century both hitting the daily limit up [1] - Zhongwen Online has increased by over 8%, indicating strong market interest [1] - Other stocks such as Guomai Culture, Baina Qiancheng, and Zhangyue Technology have also experienced upward movement [1]

Investment Rating - The industry investment rating is "Positive" (maintained) [2] Core Viewpoints - The report emphasizes the potential of AI applications in video understanding and generation, particularly through the launch of Kwai Keye-VL by Kuaishou, which showcases advanced multimodal capabilities [5] - The report suggests continued investment in the gaming sector, particularly with the recent approval of numerous domestic game licenses, indicating a favorable environment for new game launches [6] - The upcoming summer season is expected to boost consumption in various IP sectors, including games, animated films, concerts, and trendy toys, with specific recommendations for companies in these areas [6] Summary by Sections Industry Data Overview - "Delta Action" ranked first in the iOS free chart, while "Honor of Kings" topped the iOS revenue chart as of June 28, 2025 [13][17] - The film "Sauce Garden Case" achieved the highest box office for the week, grossing 1.64 billion [28] Industry News Overview - AI advancements in embodied intelligence and brain-computer interfaces are highlighted, with ongoing releases in gaming and film sectors [35] - The report notes the launch of Gemini, the first model capable of running locally on robots, enhancing task adaptability and efficiency [35] Company Recommendations - For AI video applications, key recommendations include Kuaishou-W, Shanghai Film, and Tencent Holdings, with beneficiaries like Alibaba-W and Kunlun Wanwei [5] - In the gaming sector, companies such as Xindong Company, Giant Network, and Perfect World are recommended, with beneficiaries including Youyi Time and Kingsoft [6] - For animated films, Shanghai Film is highlighted, while beneficiaries include Zhongwen Online [6] - In the concert and performance sector, Fengshang Culture is recommended, with beneficiaries like Alibaba Pictures and Maoyan Entertainment [6] - The trendy toy sector recommends Blukoo and Aofei Entertainment, with beneficiaries including Pop Mart and Quantum Song [6]

证券代码：301052 证券简称：果麦文化 公告编号：2025-027 果麦文化传媒股份有限公司 关于完成工商变更登记并换发营业执照的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 住所：浙江省杭州市西湖区文二西路 777 号三深区块一区 1 号 法定代表人：路金波 注册资本：玖仟捌佰玖拾伍万玖仟叁佰叁拾玖元 成立日期：2012 年 06 月 06 日 经营范围：许可项目：出版物批发；出版物零售；音像制品复制；互联网信 息服务；餐饮服务；演出经纪；出版物互联网销售；电影发行；基础电信业务； 第二类增值电信业务；第一类增值电信业务(依法须经批准的项目，经相关部门 批准后方可开展经营活动，具体经营项目以审批结果为准)。一般项目：知识产 权服务（专利代理服务除外）；文具用品零售；文具制造；玩具、动漫及游艺用 品销售；工艺美术品及礼仪用品销售（象牙及其制品除外）；互联网销售（除销 售需要许可的商品）；日用品销售；广告发布；广告设计、代理；市场营销策划； 企业形象策划；社会经济咨询服务；项目策划与公关服务；文艺创作；组织文化 艺术交流活动；咨询策划服务；信息咨询服 ...

Group 1 - The core point of the announcement is that Liu Fang, the vice president and shareholder of Guomai Culture Media Co., Ltd., plans to reduce his shareholding by selling 202,013 shares, which represents 0.20% of the company's total equity [1][2]. - The reduction plan will take place within three months after a 15 trading day period from the announcement date, and the number of shares to be reduced may be adjusted in case of any changes in the company's capital structure [1][2]. - Liu Fang's shareholding reduction is in compliance with the company's 2021 restricted stock incentive plan and relevant laws, ensuring that he adheres to the stipulated regulations regarding share transfers [2][3]. Group 2 - The announcement confirms that the senior management has strictly followed the commitments regarding shareholding and has not violated any related agreements [2]. - The company emphasizes that the reduction plan does not fall under any circumstances that would violate the Shenzhen Stock Exchange's regulations on shareholding reductions by shareholders and senior management [3].

证券代码：301052 证券简称：果麦文化 公告编号：2025-026 果麦文化传媒股份有限公司 关于公司部分高级管理人员减持股份预披露公告 股东刘方先生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。 果麦文化传媒股份有限公司（以下简称"公司"）于近日收到公司副总经理刘 方先生的《股东减持股份计划告知函》，刘方先生持有公司股份 202,013 股，占公 司总股本的 0.20%。其计划自本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 7 月 7 日至 2025 年 10 月 6 日）以集中竞价的方式减持公司股份不超过 50,503 股（占公司总股本比例不超过 0.05%），若此期间有送股、资本公积转增 股本等股本变动事项，所述数量进行相应调整，现将有关情况公告如下： 一、 股东的基本情况 | 序号 | 股东名称 | 职务 | 持有数量（股） | 占公司总股本比 | | --- | --- | --- | --- | --- | | | | | | 例 | | 1 | 刘方 | 副总经理 ...

Group 1 - A-shares experienced a sudden drop in the afternoon, with the Shanghai Composite Index reaching 3400 points before retreating, closing down 0.44% at 3384.82 points [1] - The Shenzhen Component Index fell 0.86% to 10162.18 points, while the ChiNext Index decreased by 1.17% to 2037.27 points, with a total trading volume of 14153.73 billion yuan [1] - Sectors such as port shipping, beauty care, innovative drugs, and rare earth permanent magnets saw gains, while sectors like Huawei Ascend, military industry, semiconductors, and software development faced declines [1] Group 2 - The rare earth permanent magnet sector saw significant gains, with Zhongke Magnetic Industry (301141) hitting the daily limit, following two consecutive gains for Beikong Technology (600980) [1] - The agriculture sector rallied in the afternoon, led by the seed industry, while short drama concepts surged, with Ciweng Media (002343) hitting the daily limit and other companies like Zhongwen Online (300364) and Guomai Culture (301052) rising over 10% [1] - Dongwu Securities anticipates a series of event catalysts for the technology sector in June, suggesting sustained prosperity and better elasticity for growth stocks due to a weak dollar environment [1] Group 3 - Jifeng Investment Advisors noted that with a series of counter-cyclical adjustment policies being implemented, the A-share market has gradually found a bottom, presenting medium to long-term investment opportunities [2] - The stock market has shown signs of stabilizing profit corrections, opening up space for further upward movement in profits and valuations, recommending investors to buy on dips [2]

证券代码：301052 证券简称：果麦文化 公告编号：2025-025 二、本次实施的利润分配方案 果麦文化传媒股份有限公司（以下简称"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，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方案情况 1、公司 2024 年年度股东大会审议通过的 2024 年年度利润分配方案为： 以截止 2024 年 12 月 31 日，公司总股本 9,895.9339 万股为基数，向全体股 东按每 10 股派发现金股利 0.53 元（含税），共分配现金股利 5,244,844.97 元 （含税），剩余未分配利润结转至下一年度，不送红股，不进行资本公积金转增 股本。在实施权益分派前总股本可能发生变动，确认以变动后的股本或权益分派 前股权登记日的总股本为基数进行利润分配；其中，涉及现金分红的以现金分红 金额不变的原则进行分配。 2、自分配方案披露至实施期间公司股本总额未发生变化。 3、公司本次实施的权益分派方案与公司 2024 年年度股东大会审议通过的方 案一致。 4、本次分配方案的实施距离股东大会审议通过的时 ...

证券代码：301052 证券简称：果麦文化 果麦文化传媒股份有限公司 2025 年 5 月 21 日投资者关系活动记录表 编号：2025-003 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 √业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （电话会议） | | 参与单位名称及 | 通过全景网"投资者关系互动平台"以网上业绩说明会的 | | | 形式与广大投资者交流 | | 人员姓名 | | | 时间 | 2025 年 5 月 21 日 15：30-17:00 | | 地点 | 全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 董事长路金波 | | 上市公司接待人 | 董事会秘书、财务总监蔡钰如 | | | 独立董事王辉 | | 员姓名 | 保荐代表人白林 | | | 公司于 2025 年 4 月 28 日发布了《2024 年年度报告》， | | | 为了使广大参会者对于果麦文化的经营情况、财务表现、 | | | 发展战略有更为清晰、详细的了解，公司于 2025 年 ...

果麦文化在图书出版领域的主要业务和市场地位是什么？ 果麦文化是一家专注于图书策划与发行的出版公司，致力于推动文明，通过富 含价值和美的图书产品影响社会。果麦文化的业务涵盖文学经典、人文、科学、 童书、教育等多个赛道。从 2012 年 7 月 1 日至今，公司已出版了 2,739 种图 书，并以每天 1.5 种的速度快速增长。目前，果麦文化在中国图书市场占有率 约为 1.3‰，其品效优化达到 9.99 倍，显示出其在行业中的高效率。 果麦文化如何通过互联网化提升出版效率？ 果麦文化 20250521 摘要 果麦文化通过 CBC 模型和互联网账号矩阵（总用户数达 9,900 万）实 现高效运营，品效优化达 9.99 倍，远超行业平均水平，提升了出版效 率和市场反应速度。 2024 年，果麦文化拓展教育领域，与张雪峰合作推出高中提分笔记系 列，销量近 1,000 万册；2025 年推出初中系列，同样畅销。林俊杰 《超越音符》上市当天精装版售出 98,757 册，天猫平台 40 万人蹲守， 贡献码洋 5,000 万。 果麦文化拥有超过 700 部中外经典作品版权，通过不断开发和迭代，致 力于传承人类文明，并将其作为核 ...