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。 第三届董事会第十二次会议决议公告 证券代码：301052 证券简称：果麦文化 公告编号：2025-045 果麦文化传媒股份有限公司 表决结果：6 票同意，0 票反对，0 票弃权。 2、审议通过了《关于使用闲置自有资金进行现金管理的议案》 同意公司在不影响正常经营和保证资金安全的情况下，使用总额度不超过人 民币 30,000 万元（含本数）暂时闲置的自有资金进行现金管理，使用期限自本 次董事会审议通过之日起一年内有效，在前述资金额度和期限范围内，资金可以 循环滚动使用。同意授权公司经营管理层在前述资金额度和有效期内行使该项投 资决策权并签署相关合同及文件，公司财务部负责组织具体实施和管理。 具体内容详见公司同日于巨潮资讯网（www.cninfo.com.cn）披露的《关于 使用闲置自有资金进行现金管理的公告》。 一、董事会会议召开情况 2025 年 10 月 27 日，果麦文化传媒股份有限公司（以下简称"公司"）第 三届董事会第十二次会议以现场及通讯方式召开。提议召开本次会议的会议通知 已于 2025 年 10 月 ...

Revenue and Profit - The company's revenue for Q3 2025 reached ¥199,528,559.06, representing a year-on-year increase of 21.98%[5] - Net profit attributable to shareholders decreased by 64.62% to ¥6,402,669.30 for the quarter, and by 43.18% to ¥12,065,825.36 for the year-to-date[5] - Total revenue for the period reached ¥497,055,533.67, an increase of 26.5% compared to ¥392,884,443.18 in the previous period[19] - Net profit for the period was ¥12,065,825.36, a decrease of 43.3% from ¥21,239,939.35 in the prior period[20] Earnings Per Share - The basic earnings per share (EPS) fell by 64.63% to ¥0.0647, with diluted EPS showing the same decline[5] - Basic and diluted earnings per share were both 0.1219, compared to 0.2154 in the previous period[21] Assets and Liabilities - Total assets increased by 7.94% to ¥1,028,503,724.14 compared to the end of the previous year[5] - Current assets totaled ¥765,206,978.45, up from ¥711,098,541.67, representing a growth of 7.6%[17] - Total liabilities reached ¥307,958,368.56, compared to ¥239,161,877.71, reflecting an increase of 28.7%[18] Inventory and Operating Costs - Inventory surged by 70.32% to ¥232,867,697.70, primarily due to increased stock for the film "The Stars of the Three Kingdoms" [9] - Operating costs rose by 45.00% to ¥296,521,818.03, mainly due to increased royalty costs[9] - Total operating costs amounted to ¥474,504,633.78, up from ¥361,123,317.86, reflecting a rise of 31.4%[19] Cash Flow - The company recorded a net cash flow from operating activities of -¥9,752,171.31, reflecting a 48.90% increase in cash outflow year-to-date[5] - Cash inflow from operating activities totaled ¥529,544,904.54, a 37.36% increase, driven by higher operating revenue and increased pre-received film co-production funds[10] - Cash outflow from operating activities increased by 33.29% to ¥539,297,075.85, primarily due to payments for book purchases and film production[10] - Net cash flow from operating activities was -9,752,171.31 yuan, improving from -19,083,605.52 yuan year-over-year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,481[12] - The largest shareholder, Lu Jinbo, holds 24.26% of shares, totaling 24,007,828 shares[12] - The total number of shares held by the top ten shareholders accounted for a significant portion of the company's equity, with no shares pledged or frozen[12] Other Financial Metrics - The weighted average return on equity (ROE) decreased to 0.89%, down 1.75% from the previous year[5] - Non-recurring gains and losses totaled ¥969,796.62 for the quarter, down from ¥2,092,394.61 year-to-date[7] - Other income increased by 87.46% to ¥1,625,582.16, primarily due to increased government subsidies[10] - Investment income decreased by 53.75% to ¥2,228,226.66, mainly due to a reduction in long-term equity investment income accounted for using the equity method[10] Cash and Cash Equivalents - The cash and cash equivalents decreased to ¥232,602,210.84 from ¥285,830,538.64, a drop of 18.6%[16] - The ending balance of cash and cash equivalents was 232,602,210.84 yuan, down from 250,520,743.02 yuan in the previous period[23] Audit Information - The company did not undergo an audit for the third quarter financial report[24]

Market Overview - The publishing sector experienced a decline of 0.48% on the previous trading day, with Guomai Culture leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - Notable gainers in the publishing sector included: - Times Publishing (600551) with a closing price of 9.79, up 10.00% and a trading volume of 432,900 shares [1] - ST Huawen (000793) closed at 3.24, up 4.52% with a trading volume of 589,900 shares [1] - Conversely, Guomai Culture (301052) saw a decline of 3.31%, closing at 45.83 with a trading volume of 119,400 shares [2] - Other notable decliners included: - Chinese Online (300364) down 2.86% at 26.79 [2] - Reader Culture (301025) down 2.31% at 9.73 [2] Capital Flow Analysis - The publishing sector saw a net outflow of 263 million yuan from institutional investors, while retail investors contributed a net inflow of 158 million yuan [2] - The capital flow for individual stocks showed: - Times Publishing had a net inflow of 1.35 billion yuan from institutional investors, but a net outflow from retail investors [3] - ST Huawen had a net inflow of 11.44 million yuan from institutional investors [3] - Reader Culture experienced a slight net outflow of 336,200 yuan from institutional investors [3]

Market Overview - As of October 23, the Shanghai Composite Index closed at 3922.41 points, up 8.65 points, with a gain of 0.22% [1] - The Shenzhen Component Index closed at 13025.45 points, up 28.84 points, also with a gain of 0.22% [1] - The ChiNext Index closed at 3062.16 points, up 2.84 points, with a gain of 0.09% [1] High Turnover Stocks - A total of 72 A-shares had a turnover rate exceeding 20% on October 23 [1] - Notable stocks with high turnover rates include: - Haocreator (301668) with a turnover rate of 65.53% and a price increase of 13.61% [1] - Yunhan Chip City (301563) with a turnover rate of 61.56% and a price increase of 13.84% [1] - Jianfa Zhixin (301584) with a turnover rate of 59.71% and a price increase of 20.00% [1] Additional High Turnover Stocks - Other stocks with significant turnover rates include: - Aifenda (301575) with a turnover rate of 47.07% and a price increase of 6.93% [1] - Beiken Energy (002828) with a turnover rate of 45.66% and a price decrease of 2.74% [1] - North Long Dragon (301357) with a turnover rate of 37.98% and a price increase of 3.69% [1]

Core Insights - The publishing sector experienced a rise of 1.46% on October 23, with Rongxin Culture leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index also rose by 0.22% to 13025.45 [1] Publishing Sector Performance - Rongxin Culture saw a significant increase of 20.01%, closing at 38.03, with a trading volume of 162,600 shares and a transaction value of 585 million [1] - Other notable performers included: - Zhongwen Online, up 6.28% to 27.58, with a transaction value of 2.336 billion [1] - Guomai Culture, up 4.31% to 47.40, with a transaction value of 786 million [1] - Duku Culture, up 3.64% to 9.96, with a transaction value of 159 million [1] - The total net inflow of funds in the publishing sector was 313 million, while retail investors saw a net outflow of 147 million [1] Fund Flow Analysis - Zhongwen Online had a net inflow of 303 million from institutional investors, representing 12.97% of its total trading [2] - Rongxin Culture experienced a net inflow of 70.7 million from institutional investors, accounting for 12.08% [2] - Guomai Culture had a net inflow of 46.3 million from institutional investors, making up 5.89% [2] - Retail investors showed a net outflow across several stocks, with Duku Culture seeing a net outflow of 29.4 million, which is 18.48% of its total trading [2]

Core Viewpoint - Guomai Culture (301052) is currently focusing on service assurance work, aiming to optimize product performance and improve service processes to enhance market recognition and create more opportunities for future business development [1] Group 1 - The company is concentrating resources on service assurance [1] - Continuous optimization of product performance is a priority [1] - The goal is to establish high-quality application demonstrations in every deployed unit [1]

New Stock Offerings - The offer period for the acquisition of Shangwei New Materials (688585) is from September 29, 2025, to October 28, 2025[1] - The latest announcements for various stocks include BoRui Pharmaceutical (688166) and Nanxin Pharmaceutical (688189) on October 10, 2025[1] - Significant abnormal fluctuations were reported for Nanxin Pharmaceutical (688189) on October 10, 2025[1] Trading Alerts - A total of 30 stocks have trading alerts issued on October 20, 2025, including Anlikang (002940) and ST Baoying (002047)[1] - The trading alerts cover various sectors, indicating potential volatility in the market[1] - The latest announcements for stocks such as YD Holdings (000626) and ST Nanzhi (002305) were made on October 20, 2025[1]

Core Viewpoint - The animated film "The Starry Sky of the Three Kingdoms Part 1," produced by Guomai Culture, has received good reviews but has underperformed at the box office, leading to a significant drop in the company's stock price [1][2]. Group 1: Film Performance - The film has grossed approximately 80 million yuan, with over 2 million viewers and ratings of 9.4 on Maoyan and 7.2 on Douban, indicating a satisfactory reputation [1][2]. - The company attributes the film's poor box office performance to factors such as inappropriate release timing, a potentially short promotional period, and the product not being a blockbuster [1][2]. Group 2: Marketing and Audience - The promotional campaign for the film began in September, but the "want to see" index was low before its release, leading to a decline in box office revenue post-release [2]. - The film is primarily targeted at middle and primary school students, positioning it as an "educational product," which may not align with the viewing preferences during the National Day holiday [1][2]. Group 3: Future Plans - Guomai Culture is considering re-releasing or remaking the film to leverage its existing positive reviews and enhance promotional efforts, aiming to explore the long-term value of the "educational product" [2]. - The company plans to invest 40 million yuan in the film, with an additional 10 million yuan from Tingdong Film, as part of a collaborative production effort [2][3]. - Future sequels are planned, including "The Starry Sky of the Three Kingdoms: Red Cliffs," which focuses on the Battle of Red Cliffs and features well-known characters, indicating a strong potential for audience interest [3].

Core Viewpoint - The company, Guomai Culture, reassures investors that its operations remain normal despite concerns over losses from the film "Three Kingdoms: The Starry Sky." The management expresses confidence in the company's long-term development and plans to enhance its core competitiveness across multiple dimensions [2]. Group 1: Company Operations - The film "Three Kingdoms: The Starry Sky Part One" is still in theaters, and specific performance details will be disclosed in future announcements [2]. - The management emphasizes that the company is operating normally and is confident in its long-term development [2]. Group 2: Business Strategy - The company aims to strengthen its core competitiveness by accurately understanding market trends and reader demands, thereby building competitive barriers and enriching its product matrix [2]. - The AI proofreading service, "AI Proofreading King," has been successfully commercialized, providing efficient proofreading services to publishing units and accumulating industry reputation and market share [2]. - Future plans include expanding AI technology applications to news, legal, and official document proofreading, creating an AI proofreading ecosystem [2]. Group 3: Technological Advancements - The company has launched the "Book World Intelligent Publishing Platform," which offers a comprehensive solution covering all aspects of publishing, including planning, topic selection, editing, production, and marketing, aimed at improving industry efficiency [2]. - Continuous efforts are being made in AI comic creation, leveraging technology to empower the entire content production process [2].

Core Viewpoint - The article highlights the increasing frequency of correction announcements by A-share listed companies, indicating a need for improved accuracy in information disclosure. The introduction of the "AI校对王（公告版）" tool aims to enhance the reliability of these disclosures by utilizing advanced AI technology [1]. Group 1: Industry Context - In the first three quarters of 2025, A-share listed companies issued a total of 1,271 correction announcements, reflecting a significant issue with information disclosure accuracy [1]. - The need for a "safety rope" for personnel involved in information disclosure is emphasized, suggesting that current practices may be inadequate [1]. Group 2: Company Initiative - Guomai Culture (301052) has partnered with "投关易" to launch the "AI校对王（公告版）," a sophisticated AI proofreading tool designed specifically for listed companies [1]. - The "AI校对王（公告版）" employs advanced large model technology and has been trained on all correction announcements and legal regulations, adhering to the strictest publishing proofreading standards [1]. - The tool includes practical features such as "electronic signature" and regulatory query functions, making it user-friendly for companies [1].