Core Viewpoint - The company, CITIC Publishing (300788.SZ), has stated that it currently has no direct collaboration with the product related to "Zootopia 2" [1] Group 1: IP Collaboration - The company is continuously expanding its partnerships with leading anime, gaming, and film IPs [1] - It has successfully acquired derivative rights for several major game and film IPs, including "Black Myth: Wukong," "Nezha: Birth of the Demon Child," "Chinese Folktales," "Chang'an 30,000 Li," and "Detective Chinatown" [1] - The company has established a mature "film-game-book" linkage mechanism to enhance its IP coverage, exploration, planning, and operation system [1]

Core Insights - The "2025 Douyin Mall Double 11 Good Goods Festival" report indicates that the all-domain interest e-commerce model has significantly boosted the growth of the physical economy, with 67,000 brands and over 100,000 merchants experiencing a doubling of sales year-on-year during the event [1][3] Group 1: E-commerce Growth - The report highlights that the algorithm-driven visibility of quality content has led to a remarkable performance in knowledge-based live streaming, contributing to cultural consumption as a new growth area for this year's Double 11 [1] - The sales of books through Douyin's e-commerce platform saw a year-on-year increase of 71% during Double 11, with categories such as sports, industrial/agricultural technology, lifestyle, medical health, and comics experiencing the highest daily sales growth [1] Group 2: Publisher Engagement - Traditional publishers are increasingly adopting the all-domain interest e-commerce model, utilizing live streaming to drive new sales growth, with notable participation from publishers like CITIC Publishing and the Palace Museum [3] - The Palace Museum's official flagship store celebrated its 100th anniversary with a live streaming event, achieving a tenfold increase in sales on the day of the event, selling over 170,000 copies of the 2026 Palace Museum calendar during the Double 11 period [4] Group 3: Innovative Content Delivery - Authors and knowledge influencers are gaining popularity through innovative live streaming formats, with notable events such as children's author Shen Shixi's birthday live stream attracting nearly 7.7 million viewers and selling over 12,000 copies of his new book [5] - Douyin's e-commerce platform is leveraging algorithmic recommendations to enhance the visibility of quality content, driving cultural consumption growth through initiatives like the "National Good Book Plan" [5] Group 4: Cost Reduction and Support for Merchants - The platform has implemented various support policies to reduce costs for merchants, saving over 3.3 billion yuan in October alone through measures like commission-free product cards and reduced shipping insurance [5] - Douyin is also enhancing intellectual property protection and actively combating piracy to ensure the stable development of the publishing industry [5]

Meeting Overview - The company will hold its first extraordinary general meeting of shareholders in 2025 on December 2, 2025, at 14:30 [2][3] - The meeting will be convened by the board of directors and complies with relevant laws and regulations [2] Voting Details - Shareholders can participate in the meeting through both on-site voting and online voting [4] - The online voting will be available on December 2, 2025, from 9:15 to 15:00 [3][25] - The record date for shareholders eligible to attend the meeting is November 27, 2025 [6] Attendance - All common shareholders registered with the China Securities Depository and Clearing Corporation Limited as of the record date are entitled to attend [6] - The meeting will also include company directors, supervisors, senior management, and appointed legal representatives [7][8] Agenda Items - The meeting will review proposals that have been approved by the board of directors and the supervisory board [11] - Proposals 3-5 require a two-thirds majority vote from attending shareholders [11] - Independent director candidates have been verified and approved by the Shenzhen Stock Exchange [11] Registration Information - Registration for the meeting will take place on November 28, 2025, from 9:00 to 17:00 [12] - Shareholders must provide necessary documentation for registration, including identification and proof of shareholding [14] Contact Information - For inquiries, shareholders can contact Zhang Haidong at 010-84156171 or via email at IR@citicpub.com [15]

2025 年第一次临时股东会 会议资料 二○二五年十一月 中信出版集团股份有限公司 2025 年第一次临时股东会会议议程 一、主持人宣布会议开始； 二、介绍到会股东或股东代表人及其他参加会议人员； | 三、逐项宣读议案，与会股东审议会议议案； | | --- | | 序号 | 议案名称 | | --- | --- | | 1 | 《关于公司 2025 年中期利润分配方案的议案》 | | 2 | 《关于续聘会计师事务所的议案》 | | 3 | 《关于修订<公司章程>的议案》 | | 4 | 《关于修订<股东会议事规则>的议案》 | | 5 | 《关于修订<董事会议事规则>的议案》 | | 6 | 《关于修订<独立董事工作制度>的议案》 | | 7 | 《关于修订<募集资金使用管理办法>的议案》 | | 8 | 《关于修订<关联交易管理办法>的议案》 | | 9 | 《关于修订<对外担保管理办法>的议案》 | | 10 | 《关于修订<信息披露事务管理制度>的议案》 | | 11 | 《关于修订<对外投资管理办法>的议案》 | | 12 | 《关于修订<累积投票制度实施细则>的议案》 | | 13 | 《关于公司 ...

Meeting Overview - The company will hold its first extraordinary general meeting of shareholders in 2025 on December 2, 2025, at 14:30 [3] - The meeting will be convened by the board of directors and complies with relevant laws and regulations [2] Voting Details - Shareholders can participate in the meeting through both on-site voting and online voting [4] - The online voting will be available on December 2, 2025, from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 [3][5] - The record date for shareholders to attend the meeting is November 27, 2025 [6] Attendance - All common shareholders registered with the China Securities Depository and Clearing Corporation Limited as of the record date are entitled to attend [6] - The meeting will also include company directors, supervisors, senior management, and appointed legal representatives [7][8] Agenda Items - The meeting will review proposals that have been approved in previous board and supervisory meetings [11] - Certain proposals require a two-thirds majority of the voting rights held by attending shareholders for approval [11] Registration Information - Registration for the meeting will take place on November 28, 2025, from 9:00 to 11:30 and 13:30 to 17:00 [12] - Shareholders must provide necessary documentation for registration, including identification and proof of shareholding [14] Contact Information - For inquiries, shareholders can contact Zhang Haidong at 010-84156171 or via email at IR@citicpub.com [15]

2025 年第一次临时股东会 会议资料 二○二五年十一月 中信出版集团股份有限公司 2025 年第一次临时股东会会议议程 一、主持人宣布会议开始； | 序号 | 议案名称 | | --- | --- | | 1 | 《关于公司 2025 年中期利润分配方案的议案》 | | 2 | 《关于续聘会计师事务所的议案》 | | 3 | 《关于修订<公司章程>的议案》 | | 4 | 《关于修订<股东会议事规则>的议案》 | | 5 | 《关于修订<董事会议事规则>的议案》 | | 6 | 《关于修订<独立董事工作制度>的议案》 | | 7 | 《关于修订<募集资金使用管理办法>的议案》 | | 8 | 《关于修订<关联交易管理办法>的议案》 | | 9 | 《关于修订<对外担保管理办法>的议案》 | | 10 | 《关于修订<信息披露事务管理制度>的议案》 | | 11 | 《关于修订<对外投资管理办法>的议案》 | | 12 | 《关于修订<累积投票制度实施细则>的议案》 | | 13 | 《关于公司第六届董事会董事薪酬（津贴）的议案》 | | 14 | 《关于公司董事会换届选举暨提名第六届董事会非独立董事候选人的 ...

证券代码：300788 证券简称：中信出版 公告编号：2025-044 中信出版集团股份有限公司 关于召开 2025 年第一次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：2025 年第一次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所创业板股票上市规则》 《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》等法律、行政法规、部门 规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 2 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 2 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 12 月 2 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 （1）现场投票：包括本人出席及通过填写 ...

Group 1 - The report emphasizes the transition into the AI era, highlighting the need for media and content industries to adapt to new user demands and leverage AI for growth opportunities [3][4][5] - The cultural media sector is positioned for growth due to two main variables: the initiation of the 14th Five-Year Plan and the empowerment of AI technology, which is shifting from market-driven to policy-driven [4][7] - State-owned enterprises are expected to play a crucial role in the cultural media sector, with companies like Oriental Pearl and Mango TV being highlighted as key players benefiting from AI integration [6][11] Group 2 - The report outlines the performance of the cinema sector, noting that while 2025 saw some challenges, the upcoming 2026 year is expected to bring new content supply and potential growth [30][31] - The digital marketing and e-commerce sectors are experiencing a transformation driven by AI, with significant growth projected in the smart marketing space, expected to reach 1.49 trillion yuan by 2026 [55] - The gaming industry is highlighted as needing to focus on high-quality content production, with companies like miHoYo and Lilith Games being noted for their successful titles, indicating a shift towards content-driven gaming experiences [58][59] Group 3 - The report discusses the importance of long and short video platforms, with significant user engagement noted, particularly in the short video segment, which has reached 1.129 billion monthly active users [36][37] - The audio content market is projected to grow significantly, with the long audio market expected to reach 649.77 billion yuan by 2026, indicating a shift in consumer preferences towards immersive audio experiences [40] - Companies like Bilibili and Xiaohongshu are expanding into audio content, which is expected to drive new user engagement and revenue streams [40][42] Group 4 - The report identifies key companies to watch in the cultural media sector, including state-owned enterprises and digital marketing firms, emphasizing their strategic importance in the evolving landscape [11][12] - The cinema sector is expected to see a rebound in 2026, with new film releases anticipated to drive box office performance, particularly following a low base effect from 2025 [30][31] - The gaming sector is under pressure to innovate and produce high-quality content, with a focus on new product launches and the integration of AI technologies to enhance user experiences [58][59]

Core Insights - The publishing sector experienced a rise of 0.53% on November 10, with notable gains from companies like Zhongwen Online [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Company Performance - Zhongwen Online (300364) led the gains with a closing price of 28.07, up 1.96%, and a trading volume of 631,300 shares, amounting to 1.787 billion yuan [1] - Other notable performers included Times Publishing (600551) with a 1.67% increase, Shandong Publishing (610109) up 1.51%, and Citic Publishing (300788) up 1.45% [1] - Conversely, Rongxin Culture (301231) saw a significant decline of 9.42%, closing at 32.97 [2] Trading Volume and Capital Flow - The publishing sector recorded a net outflow of 141 million yuan from institutional investors, while retail investors saw a net inflow of 55.65 million yuan [2] - The trading volume for the top gainers included Zhongwen Online with 407.09 million yuan from institutional investors, while retail investors had a net outflow of 131 million yuan [3] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors showed some interest in specific stocks [2][3]

Group 1 - The cultural media sector showed significant activity on November 10, with Xinhua Net surging over 7% [1] - People's Daily increased by more than 4%, indicating positive market sentiment [1] - Other stocks such as Jishi Media, Chuanwang Media, CITIC Publishing, Wireless Media, and Huanrui Century also experienced gains [1]