Financial Performance - The company's operating revenue for Q3 2025 was ¥71,440,351.08, representing a 15.49% increase year-over-year, while the revenue for the year-to-date period reached ¥252,101,765.52, up 27.83% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2025 was -¥7,262,763.39, a decrease of 42.98% year-over-year, and the year-to-date net profit was -¥5,094,907.19, down 79.61% compared to the previous year[5] - The company reported a basic and diluted earnings per share of -¥0.09 for Q3 2025, reflecting a 40.00% decline year-over-year, with a year-to-date figure of -¥0.06, down 80.00%[5] - Total operating revenue for the current period reached ¥252,101,765.52, an increase of 27.8% compared to ¥197,217,845.60 in the previous period[25] - Total operating costs amounted to ¥255,519,204.22, up from ¥212,417,126.84, reflecting a rise of 20.3%[25] - The net loss for the current period was ¥5,512,862.52, an improvement from a net loss of ¥24,982,366.66 in the previous period[26] - Basic and diluted earnings per share were both reported at -0.06, compared to -0.30 in the previous period[27] - Other comprehensive income after tax for the current period was -¥685,188.35, compared to -¥586,400.39 in the previous period[27] Assets and Liabilities - Total assets as of September 30, 2025, were ¥959,407,225.79, an increase of 4.93% from the end of the previous year, while total equity attributable to shareholders decreased by 2.97% to ¥840,903,587.25[5] - The company's total assets increased to ¥959,407,225.79 from ¥914,332,078.03, representing a growth of 4.9%[22] - Total liabilities rose to ¥111,411,416.46, compared to ¥47,654,426.26, indicating a significant increase[23] - The company's equity attributable to shareholders decreased to ¥840,903,587.25 from ¥866,681,656.00, a decline of 3.0%[23] Cash Flow - Cash flow from operating activities for the year-to-date period was -¥15,041,732.00, showing a 74.02% improvement compared to -¥57,905,848.33 in the same period last year[12] - Operating cash inflow for the current period was CNY 236,477,726.83, an increase of 30.7% from CNY 180,936,850.45 in the previous period[28] - Net cash outflow from operating activities was CNY -15,041,732.00, improving from CNY -57,905,848.33 in the previous period[28] - Cash inflow from investment activities totaled CNY 1,934,372,535.41, up from CNY 1,133,766,758.67, representing a growth of 70.6%[29] - Net cash outflow from investment activities was CNY -156,475,625.31, an improvement from CNY -286,029,219.41 in the previous period[29] - Cash inflow from financing activities was CNY 15,090,000.00, with a net cash outflow of CNY -7,026,210.21, slightly better than CNY -7,394,769.91 in the previous period[29] - The ending cash and cash equivalents balance was CNY 318,244,460.29, compared to CNY 197,073,614.94 in the previous period, indicating a significant increase[29] - The company received CNY 1,930,000,000.00 from investment recoveries, which is a substantial increase from CNY 1,130,000,000.00 in the previous period[29] - The company paid CNY 2,063,955,164.00 for investments, which is an increase from CNY 1,412,998,000.00 in the previous period[29] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,054[14] - The largest shareholder, Wang Yihua, holds 25.40% of the shares, totaling 21,441,400 shares[14] - The company repurchased 1,324,000 shares, representing 1.57% of the total share capital[15] - The company has no changes in the top 10 shareholders due to securities lending[16] - The company has a total of 6.17% shares held by Xi'an Lelequ Investment Partnership[14] Investments and Acquisitions - The company acquired a 51% stake in Wuhan Youxue Baobei Book Co., which resulted in the recognition of goodwill amounting to ¥9,633,606.86[10] - The company plans to acquire 51% of Wuhan Youxue Baobei Book Co., Ltd. for a total investment of RMB 16.32 million[19] - The company’s investment income increased by 83.06% to ¥10,742,135.34, primarily due to returns from joint ventures[11] - The company’s accounts payable increased by 111.74% to ¥76,813,675.94, influenced by the acquisition of Wuhan Youxue Baobei Book Co. and increased royalty and goods payable[10] Other Information - The company recognized non-recurring gains of ¥1,739,859.94 for the current period, with government subsidies contributing ¥1,000,000.00[6] - Research and development expenses for the current period were ¥1,446,984.73, slightly down from ¥1,593,976.76[25] - The company’s board of directors now consists of 9 members, including 1 employee director[19] - The company’s cash and cash equivalents decreased by 35.93% to ¥318,244,460.29 due to investments in financial products[10] - Accounts receivable increased from RMB 58,009,301.86 to RMB 70,513,227.58, an increase of approximately 21.5%[21] - Inventory increased from RMB 143,221,873.31 to RMB 157,466,330.45, an increase of approximately 10%[21] - The company’s third-quarter financial report was not audited[30]

Core Points - Rongxin Culture experienced a decline of 0.53% today, with a turnover rate of 46.23% and a transaction volume of 944 million yuan, showing a fluctuation of 12.87% [2] - Institutional investors net bought 34.87 million yuan, while brokerage seats collectively net sold 18.12 million yuan [2] - The stock was listed on the Shenzhen Stock Exchange due to its high turnover rate, with institutional specialized seats net buying 34.87 million yuan [2] Trading Data - The top five brokerage seats accounted for a total transaction volume of 371 million yuan, with a buying amount of 194 million yuan and a selling amount of 177 million yuan, resulting in a net buying of 16.76 million yuan [2] - Among the brokerage seats, four institutional specialized seats were active, with total buying amounting to 160 million yuan and selling amounting to 125 million yuan, leading to a net buying of 34.87 million yuan [2] Capital Flow - The stock saw a net inflow of 39.37 million yuan from main funds today, with a significant single net inflow of 33.42 million yuan and a large single fund inflow of 5.95 million yuan [2] - Over the past five days, the net inflow of main funds reached 110 million yuan [2]

Core Viewpoint - Rongxin Culture announced that its stock price has experienced an abnormal fluctuation, with a cumulative increase of over 30% in closing prices over three consecutive trading days (October 21, 22, and 23, 2025) [1] Summary by Relevant Sections - Stock Price Movement - The company's stock price has shown a significant increase, with a cumulative rise exceeding 30% over three trading days [1] - Company Disclosure - The company confirmed that there are no corrections or supplements needed for previously disclosed information [1] - The company did not find any recent media reports that could have significantly impacted its stock price [1]

Core Viewpoint - The stock price of Rongxin Culture experienced an abnormal fluctuation, with a cumulative increase of over 30% in closing prices from October 21 to October 23, 2025 [1] Company Information - The company conducted a review of relevant information and confirmed that previously disclosed information is accurate [1] - No undisclosed significant information that could impact the stock price was found, and the company's production and operational conditions remain normal [1] - There have been no significant changes in the internal and external operating environment [1] Management Actions - The company's controlling shareholders, actual controllers, directors, and senior management did not engage in any stock trading during the period of abnormal fluctuation [1] Investor Advisory - The company has reminded investors to be cautious of investment risks and to pay attention to official information disclosure channels [1]

Core Viewpoint - The company announced that its stock price has deviated significantly, with a cumulative increase of over 30% over three consecutive trading days from October 21 to October 23, 2025 [1] Group 1: Stock Price Movement - The company's stock price experienced a significant increase, with a cumulative rise exceeding 30% over three trading days [1] - The board of directors conducted inquiries with major stakeholders regarding the stock price fluctuations [1] Group 2: Verification and Findings - The company confirmed that there were no corrections or supplements needed for previously disclosed information [1] - No undisclosed significant information was found that could have impacted the stock price [1] Group 3: Operational Status - The company's production and operational conditions remain normal, with no significant changes in the internal or external business environment [1] - During the period of unusual stock price fluctuations, the major stakeholders did not engage in buying or selling the company's stock [1]

关于股票交易异常波动的公告 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。 一、股票交易异常波动的具体情况 荣信教育文化产业发展股份有限公司（以下简称"公司"）股票交易 价格连续三个交易日（2025年10月21日、10月22日、10月23日）收盘价格 涨幅偏离值累计超过30%，根据深圳证券交易所的有关规定，以上情形属 于股票交易异常波动的情况。 证券代码：301231 证券简称：荣信文化 公告编号：2025-083 荣信教育文化产业发展股份有限公司 二、公司关注并核实情况说明 针对公司股票交易异常波动情况，公司董事会通过电话及现场问询方 式，对公司控股股东、实际控制人、全体董事、高级管理人员就相关问题 进行了核实，现就相关情况说明如下： 1.经核查，公司前期披露的信息不存在需要更正、补充之处； 2.经核查，公司未发现近期公共传媒报道过可能或者已经对公司股票 交易价格产生较大影响的未公开重大信息； 3.经核查，公司目前生产经营情况正常，内外部经营环境未发生重大 变化； 4.经核查，公司、控股股东及实际控制人不存在应披露而未披露的重 大事项或处于筹划阶段的重大事项 ...

Group 1 - The stock of Rongxin Culture reached the daily limit, with a turnover rate of 30.17% and a transaction volume of 585 million yuan, showing a fluctuation of 16.41% [2] - The stock was listed on the Shenzhen Stock Exchange due to a closing price increase of 20.00%, with institutional proprietary seats net selling 39.1872 million yuan [3] - The top five trading departments accounted for a total transaction volume of 278 million yuan, with a net buying amount of 28.5772 million yuan [3] Group 2 - The main capital inflow for the stock was 70.5656 million yuan, with a significant single net inflow of 80.9961 million yuan, while large single capital saw a net outflow of 10.4305 million yuan [3] - Over the past five days, the net inflow of main capital amounted to 72.7289 million yuan [3] - Specific trading details show that the top buying department was CITIC Securities with a purchase amount of 24.5776 million yuan, while the top selling department was an institutional proprietary seat with a selling amount of 17.2668 million yuan [3]

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]

Group 1 - Rongxin Culture experienced a 20% limit-up increase in stock price [1] - Huanrui Century previously had a stock price limit-up [1] - Other companies such as Yilun Media, Liujin Technology, Wireless Media, Happy Blue Sea, and Chinese Online also saw stock price increases [1]

Core Viewpoint - The media and short drama sectors are experiencing significant gains, with multiple companies reaching their daily price limits and others showing substantial increases in stock prices [1] Group 1: Company Performance - Haikan Co., Ltd. and Rongxin Culture both hit the daily limit up [1] - Huanrui Century also reached the daily limit up [1] - Happiness Blue Sea saw an increase of over 15% in its stock price [1] - Wireless Media, Liujin Technology, Reader Culture, and Chinese Online all experienced stock price increases of over 5% [1]