Core Viewpoint - Guomai Culture (301052.SZ) plans to invest RMB 5.3 million as a limited partner in a joint venture with Chengdu Chuanshang Xingye Equity Investment Fund Management Co., Ltd. to explore new opportunities for industrial upgrades through professional investment resources and management advantages [1] Investment Details - The company will contribute 40.7692% of the total subscribed capital of the Qingdao Chuanshang Junchuang Venture Capital Fund Partnership (Limited Partnership) [1]

Core Viewpoint - Guomai Culture (301052.SZ) plans to invest RMB 5.3 million as a limited partner in collaboration with Chengdu Chuanshang Xingye Equity Investment Fund Management Co., Ltd. to explore new opportunities for industrial upgrades through professional investment resources and management advantages [1] Investment Details - The company will contribute 40.7692% of the total subscribed capital of the Qingdao Chuanshang Junchuang Venture Capital Fund Partnership (Limited Partnership) [1]

Core Viewpoint - Guomai Culture (301052.SZ) aims to promote sustainable development by leveraging resources and investment management advantages from professional investment institutions, exploring new opportunities for industrial upgrades while ensuring stable growth of its main business [1] Group 1: Investment Strategy - The company plans to invest RMB 5.3 million as a limited partner in collaboration with Chengdu Chuanshang Xingye Equity Investment Fund Management Co., Ltd. and its wholly-owned subsidiary [1] - Guomai Culture will hold a 40.7692% stake in the total committed capital of the Qingdao Chuanshang Junchuang Venture Capital Fund Partnership (Limited Partnership) [1]

证券代码：301052 证券简称：果麦文化 公告编号：2025-050 果麦文化传媒股份有限公司 关于对外投资暨与专业机构共同投资的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、交易概述 为促进果麦文化传媒股份有限公司（以下简称"公司"）可持续发展，借助 专业投资机构的资源和投资管理优势，结合行业及公司发展方向多方位探索产业 升级新机遇，在保障主营业务稳健发展的前提下，公司拟作为有限合伙人以自有 资金出资人民币 530 万元与专业投资机构成都川商兴业股权投资基金管理有限 公司的全资子公司成都川商兴创股权投资基金管理有限公司共同出资青岛川商 俊创创业投资基金合伙企业（有限合伙），公司占基金认缴出资总额的 40.7692%。 根据《深圳证券交易所创业板股票上市规则》及《公司章程》等的相关规定， 本次对外投资事项无须提交公司董事会及股东会审议。 本次投资的资金来源为自有资金，本次交易不构成关联交易，也不构成《上 市公司重大资产重组管理办法》规定的重大资产重组。 二、合作方基本情况 （一）基金管理人 5、成立日期：2016-02-22 6、注册地址：成都市 ...

Core Insights - The publishing sector saw a slight increase of 0.51% on November 18, with notable gains from companies like Zhongwen Online, which rose by 5.07% [1][2] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Company Performance - Zhongwen Online (300364) closed at 27.96 with a gain of 5.07%, achieving a trading volume of 931,700 shares and a transaction value of 2.571 billion [1] - Rongxin Culture (301231) increased by 4.39% to close at 35.20, with a trading volume of 172,800 shares and a transaction value of 600 million [1] - Century Tianhong (300654) rose by 3.29% to 10.68, with a trading volume of 246,600 shares and a transaction value of 261 million [1] - Other notable performers included Duku Culture (301025) with a 2.31% increase and Shandong Publishing (601019) with a 1.76% increase [1] Market Dynamics - The publishing sector experienced a net inflow of 339 million from institutional investors, while retail investors saw a net outflow of 326 million [2][3] - The main stocks with significant net inflows included Zhongwen Online with 279 million and Rongxin Culture with 81.3 million [3] - Conversely, retail investors showed significant outflows from stocks like Rongxin Culture and Century Tianhong, indicating a shift in investor sentiment [3]

Core Viewpoint - Guomai Culture's stock performance shows a slight increase, with significant financing activity indicating strong investor interest despite a decline in net profit year-over-year [1][2]. Financing Activity - On November 11, Guomai Culture recorded a financing buy-in of 42.38 million yuan, with a net buy of 6.00 million yuan after repayments [1]. - The total financing and margin trading balance reached 390 million yuan, accounting for 9.02% of the circulating market value, which is above the 70th percentile of the past year [1]. - No short selling activity was reported on the same day, with a short selling balance of 0 yuan, indicating a high level of investor confidence [1]. Company Overview - Guomai Culture, established on June 6, 2012, and listed on August 30, 2021, is based in Shanghai and focuses on book planning and publishing, digital content, and IP operations [1]. - The revenue composition includes 92.08% from book planning and publishing, 3.43% from book agency publishing, 2.78% from digital content, and smaller contributions from other services and IP operations [1]. Financial Performance - For the period from January to September 2025, Guomai Culture achieved a revenue of 497 million yuan, reflecting a year-over-year growth of 26.51%, while the net profit attributable to shareholders decreased by 43.18% to 12.07 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 25.34 million yuan, with 17.78 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 37.64% to 16,500, while the average circulating shares per person decreased by 27.35% to 4,865 shares [2]. - Notable institutional shareholders include Huaxia Industry Prosperity Mixed Fund and Huaxia Excellent Growth Mixed Fund, both of which are new entrants among the top ten circulating shareholders [3].

Core Viewpoint - Guomai Culture is actively monitoring industry trends and market opportunities in the short drama sector, planning to incorporate short dramas into its overall business expansion strategy [2] Group 1: Business Strategy - The company has included short dramas in its business development plans, aiming to explore suitable entry points for this segment [2] - This initiative is expected to effectively supplement the company's existing product system and enrich the content forms of its product matrix [2] - The strategy aims to better meet the diverse needs of users while creating synergistic effects with existing businesses [2]

Core Viewpoint - Guomai Culture announced the acquisition of a stake in the Chengdu Chuan Shang No. 3 Equity Investment Fund Center for RMB 59.1674 million, becoming a limited partner in the fund, which indirectly holds shares in Shaanxi Tourism Cultural Industry Co., Ltd. [1] Group 1 - The company signed a partnership share transfer agreement with Guangzhou Fengsheng Fuxin Investment Partnership, acquiring a stake worth RMB 27.5852 million in the Chengdu Chuan Shang No. 3 fund [1] - After the transfer, the company will indirectly hold 1,039,912 shares of Shaanxi Tourism, representing 1.793% of the total share capital as of the agreement signing date [1] - The initial public offering application for Shaanxi Tourism has been approved by the Shanghai Stock Exchange's listing review committee [1]

证券代码：301052 证券简称：果麦文化 公告编号：2025-049 果麦文化传媒股份有限公司 关于与专业投资机构共同投资的进展公告 该标的财产份额全部间接享有川商叁号通过成都川商贰号股权投资基金中 心（有限合伙）投资的陕西旅游文化产业股份有限公司（"陕西旅游"）的权益， 经计算间接持有陕西旅游 1,039,912 股股份（对应协议签订日陕西旅游总股本的 1.793%）。 近日，公司从上海证券交易所网站获悉，经上海证券交易所上市审核委员会 2025 年第 50 次审议会议结果公告，陕西旅游首次公开发行股票申请获得通过。 若陕西旅游后续成功在上交所主板上市，预计可能会对公司业绩产生正向影 响，但该事项仍需履行中国证监会注册等后续程序，存在不确定性，敬请投资者 注意投资风险。 公司本次投资事项将严格遵守法律法规以及规范性文件的规定，在实施过程 中，及时披露投资事项的进展情况。 特此公告。 果麦文化传媒股份有限公司董事会 2025 年 11 月 10 日 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。 为促进果麦文化传媒股份有限公司（以下简称"公司"）可持续发展， ...

Group 1 - The core viewpoint of the news is that Guomai Culture's stock has experienced a decline, with significant trading activity and changes in financing and shareholder structure [1][2][3] Group 2 - On November 6, Guomai Culture's stock fell by 2.24%, with a trading volume of 343 million yuan. The financing buy-in amount was 35.96 million yuan, while the financing repayment was 40.15 million yuan, resulting in a net financing outflow of 4.19 million yuan [1] - As of November 6, the total financing and securities lending balance for Guomai Culture was 393 million yuan, with the financing balance accounting for 9.02% of the circulating market value, indicating a high level compared to the past year [1] - The company was established on June 6, 2012, and went public on August 30, 2021. Its main business includes book planning and publishing, digital content, and IP derivatives and operations, with book planning and publishing contributing 92.08% to revenue [1] Group 3 - As of September 30, the number of shareholders for Guomai Culture increased by 37.64% to 16,500, while the average circulating shares per person decreased by 27.35% to 4,865 shares [2] - For the period from January to September 2025, Guomai Culture reported a revenue of 497 million yuan, representing a year-on-year growth of 26.51%, while the net profit attributable to the parent company was 12.07 million yuan, a decrease of 43.18% year-on-year [2] Group 4 - Guomai Culture has distributed a total of 25.34 million yuan in dividends since its A-share listing, with 17.78 million yuan distributed over the past three years [3] - As of September 30, 2025, among the top ten circulating shareholders, Huaxia Industry Prosperity Mixed A (003567) became the fourth largest shareholder with 1.94 million shares, while Huaxia Excellent Growth Mixed A (024928) was the eighth largest with 801,200 shares, both being new shareholders [3]