Core Viewpoint - Zhuochuang Information reported an increase in revenue but a decrease in profit for the first half of 2025, raising concerns about its financial practices and the rationale behind its planned IPO in Hong Kong shortly after its A-share listing [1][2][5]. Financial Performance - In the first half of 2025, Zhuochuang Information achieved operating revenue of 171.15 million yuan, a year-on-year increase of 15.75%, while the net profit attributable to shareholders was 35.14 million yuan, a decrease of 10.72% [11]. - The company’s net profit for 2023 and 2024 was reported at 52.06 million yuan and 70.51 million yuan, respectively, with cash dividends of 123 million yuan and 111.38 million yuan, resulting in cash dividend ratios of 236.24% and 157.97% [2][4]. Dividend Policy - Zhuochuang Information has engaged in "clearing-style" dividends, distributing a total of 282.38 million yuan over three years (2022-2024) against a cumulative net profit of 180.92 million yuan, leading to a cash dividend ratio of 156.08% [4][5]. - The company’s approach to dividends raises questions about the sustainability of its financial practices, especially as it seeks additional funding through a Hong Kong IPO [5]. IPO Plans and Delays - Zhuochuang Information announced plans for a Hong Kong IPO less than three years after its A-share listing, despite ongoing delays in its initial public offering projects, which were originally scheduled to be operational by June 30, 2023, but have since been postponed to 2027 [6][10]. - The company cited global economic uncertainties and rapid technological changes as reasons for the delays in its projects, questioning the necessity of seeking further capital through the Hong Kong IPO under similar conditions [10][11]. Accounting Discrepancies - There are significant discrepancies in Zhuochuang Information's financial reporting, particularly regarding research and development expenditures, with a reported difference of 19.72 million yuan between the 2024 and 2025 half-year reports [12][15]. - The inconsistency in financial data raises concerns about the company's accounting practices and the reliability of its financial disclosures, which could impact investor confidence [15][16].

Core Viewpoint - The digital media sector experienced a rise of 0.83% on August 22, with Zhuochuang Information leading the gains, while the overall market indices also showed positive performance [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3825.76, up by 1.45% [1] - The Shenzhen Component Index closed at 12166.06, up by 2.07% [1] Group 2: Individual Stock Performance - Zhuochuang Information (301299) closed at 68.21, with an increase of 2.88% and a trading volume of 38,700 shares, amounting to a transaction value of 262 million yuan [1] - Visual China (000681) closed at 21.92, up by 2.19% with a trading volume of 450,600 shares, totaling 98.36 million yuan [1] - ST Fanli (600228) closed at 4.70, increasing by 1.51% with a trading volume of 109,100 shares, amounting to 51.46 million yuan [1] - People's Daily Online (603000) closed at 22.01, up by 1.24% with a trading volume of 282,400 shares, totaling 619 million yuan [1] - Xinhua Net (603888) closed at 20.53, increasing by 1.13% with a trading volume of 141,900 shares, amounting to 290 million yuan [1] - Fantou Digital Creation (301313) closed at 27.32, up by 0.89% with a trading volume of 39,100 shares, totaling 106 million yuan [1] - Chuanwang Media (300987) closed at 19.64, increasing by 0.77% with a trading volume of 60,800 shares, amounting to 119 million yuan [1] - Zhi De Mai (300785) closed at 34.73, up by 0.75% with a trading volume of 78,700 shares, totaling 272 million yuan [1] - Zhangyue Technology (603533) closed at 21.38, increasing by 0.56% with a trading volume of 135,700 shares, amounting to 290 million yuan [1] - Fengyuzhu (603466) closed at 10.97, up by 0.18% with a trading volume of 198,500 shares, totaling 217 million yuan [1] Group 3: Capital Flow - The digital media sector saw a net inflow of 51.39 million yuan from main funds, while retail funds experienced a net inflow of 60.37 million yuan [1] - There was a net outflow of 112 million yuan from speculative funds in the digital media sector [1]

Group 1 - The core viewpoint of the article is that the recent activity in the stock market and futures market may influence the performance of Zhuochuang Information, a company specializing in commodity data services [1] - Zhuochuang Information has a vast data resource and analytical capabilities developed over years, which supports investment decision-making for financial clients [1] - Currently, the primary user base of Zhuochuang Information consists of clients from the commodity industry [1]

证券代码：301299 证券简称：卓创资讯 公告编号：2025-035 山东卓创资讯股份有限公司 第三届董事会第十七次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、董事会会议召开情况 山东卓创资讯股份有限公司(以下简称"公司")第三届董事会第十七次会 （公告编号：2025-037）和《2025 年半年度报告摘要》 议于 2025 年 8 月 21 日在公司会议室以现场结合通讯方式召开。本次会议通知于 席董事 6 人，独立董事张宜生先生、朱清滨先生均以通讯方式出席。本次会议由 董事长姜虎林先生召集并主持，公司监事和高级管理人员列席会议。本次会议的 召集、召开符合有关法律法规、部门规章、规范性文件和《公司章程》的有关规 定，合法、有效。 二、 董事会会议审议情况 本次会议以现场结合通讯表决的方式，审议并通过以下议案： 表决结果：6 票同意，0 票反对，0 票弃权。 董事会认为，《2025 年半年度报告》全文及其摘要所载内容符合法律法规、 中国证监会和深圳证券交易所的相关规定，报告内容真实、准确，完整地反映了 公司的实际情况，不存在任何虚假记载、 ...

证券代码：301299 证券简称：卓创资讯 公告编号：2025-036 山东卓创资讯股份有限公司 第三届监事会第十四次会议决议公告 本公司及监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、监事会会议召开情况 山东卓创资讯股份有限公司（以下简称"公司"）第三届监事会第十四次会 议于 2025 年 8 月 21 日在公司会议室以现场结合通讯方式召开。本次会议通知于 实际出席监事 3 人，监事侯安全先生以通讯方式出席。本次会议由监事会主席侯 安全先生召集并主持，公司董事会秘书列席会议。本次会议的召集、召开符合有 关法律、行政法规、部门规章、规范性文件和《公司章程》的规定，合法、有效。 二、监事会会议审议情况 本次会议以现场结合通讯表决的方式，审议并通过以下议案： 表决结果：3 票同意，0 票反对，0 票弃权。 监事会认为：公司《2025 年半年度报告》全文及其摘要内容与格式符合中 国证监会和深圳证券交易所的各项规定，其审议、表决程序符合法律法规、规范 性文件的规定，报告内容真实、准确、完整地反映了公司的实际情况，不存在任 何虚假记载、误导性陈述或者重大遗漏。 具体内容详 ...

| 民生证券股份有限公司 | | | | | --- | --- | --- | --- | | 关于山东卓创资讯股份有限公司 | | | | | 保荐机构名称：民生证券股份有限公司 | | 被保荐公司简称：卓创资讯 | | | 保荐代表人姓名：周巍 | 联系电话：0531-82596870 | | | | 保荐代表人姓名：阙雯磊 | 联系电话：0531-82596870 | | | | 一、保荐工作概述 | | | | | 项目 工作内容 | | | | | （1）是否及时审阅公司信息披露文件 | | 是 | | | （2）未及时审阅公司信息披露文件的次数 | | 无 | | | 情况 | | | | | （1）是否督导上市公司建立健全规章制度（包括 | | | | | 但不限于防止关联方占用公司资源的制度、募集 | | | | | 是 | | | | | 资金管理制度、内控制度、内部审计制度、关联 | | | | | 交易制度） | | | | | （2）上市公司是否有效执行相关规章制度 | | 是 | | | （1）查询上市公司募集资金专户次数 | | 每月 1 | 次 | | （2）上市公司募集资金项 ...

2025半年度传媒行业分红排名 | 代码 | 简称 | 每10股送转 | 每10股派现 | 派现金额（万 | 派现占净利润比例 | 股息率 | | --- | --- | --- | --- | --- | --- | --- | | | | （股） | （元） | 元） | （%） | （%） | | 603444 | 吉比特 | 0.00 | 66 | 47359.16 | 73.46 | 2.76 | | 601921 | 浙版传 媒 | 0.00 | 1 | 22222.22 | 32.87 | 1.21 | 8月21日卓创资讯发布2025半年度分配预案，拟10派3元（含税），预计派现金额合计为1811.42万元。 派现额占净利润比例为51.55%，这是公司上市以来，累计第7次派现。 公司上市以来历次分配方案一览 | 日期 | 分配方案 | 派现金额合计（亿元） | 股息率（%） | | --- | --- | --- | --- | | 2025.06.30 | 10派3元（含税） | 0.18 | 0.43 | | 2024.12.31 | 10派10元（含税） | 0.60 | 1.99 | | ...

（编辑 任世碧） 证券日报网讯 8月21日晚间，卓创资讯发布2025年半年度报告摘要称，2025年半年度公司实现营业收入 171，148，768.38元，同比增长15.75%；归属于上市公司股东的净利润为35，141，157.20元，同比下 降10.72%。 ...

（编辑 任世碧） 证券日报网讯 8月21日晚间，卓创资讯发布关于2025年度中期利润分配方案的公告称，以2025年6月30 日公司总股本60，380，560股为基数，拟向全体股东每10股派发现金红利人民币3.00元（含税），预计 派发现金红利人民币18，114，168.00元（含税）。 ...

证券日报网讯 8月21日晚间，卓创资讯发布公告称，公司第三届监事会第十四次会议审议通过了《关于 公司及其摘要的议案》等多项议案。 （文章来源：证券日报） ...