证券代码：002348 证券简称：高乐股份 公告编号：2025-048 | 股东名称 | 是否为控股股东 或第一大股东及 | | 本次解质押股份 | 占其所持股 | 占公司总 | 起始日 | 解除日期 | | 质权人/申请 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 其一致行动人 | | 数量（股） | 份比例 | 股本比例 | | | | 人等 | | 华统集团有 限公司 | | 是 | 79,564,800 | 60% | 8.40% | 年 2023 月 7 21 | 年 2025 月 29 日 | 12 | 中国农业银 行股份有限 公司义乌分 | | | | | | | | 日 | | | | | | | | | | | | | | 行 | 二、股东股份累计质押情况 截至公告披露日，上述股东及其一致行动人所持质押股份情况如下： | | | | | | | 已 质 押 股 | 份 情 况 | 未质押股份情况 | | | | --- | --- | --- | --- | --- | --- | --- | --- ...

证券代码：002348 证券简称：高乐股份 公告编号：2025-047 三、其他事项 广东高乐股份有限公司 关于筹划控制权变更的进展公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚 假记载、误导性陈述或者重大遗漏。 一、本次控制权变更基本情况 2025 年 11 月 30 日，广东高乐股份有限公司（以下简称"公司"） 控股股东华统集团有限公司（以下简称"华统集团"）与北京黎曼云 图科创有限公司（以下简称"黎曼云图"）签署了《股权转让协议》、 《表决权委托协议》，华统集团将其持有的 94,720,000 股股份（占公 司总股本的 10%）转让给黎曼云图，并且华统集团将其持有的 37,888,000 股股份（占公司总股本的 4%）对应的表决权委托给黎曼 云图行使。2025 年 11 月 30 日，杨广城、興昌塑膠五金廠有限公司 与黎曼云图签署了《表决权委托协议》，杨广城、興昌塑膠五金廠有 限公司分别将其持有的 58,222,668 股股份（占公司总股本的 6.15%） 和 15,087,960 股股份（占公司总股本的 1.59%）对应的表决权委托给 黎曼云图行使。2025 年 11 月 30 ...

广东高乐股份有限公司 详式权益变动报告书 (修订稿) 信息披露义务人一 : 北京黎曼云图科创有限公司 住 所 / 通 讯 地 址 : 北京市丰 &区南四环西路 188 房十七区 18 号楼 2 层 202-383 号 信息披露义务人 曼星图科技合伙 给 4 住所/通讯地 北京市东城区地坛公 股份增加(协议转让、 认购上市公司向特定对象发行 权益变动性质 股票) 二〇二五年十二月 上市公司名称 : 广东高乐股份有限公司 上 市 地 点 :深圳证券交易所 股 票 简 称 : 高乐股份 股 票 代 码 : 002348.SZ 广东高乐股份有限公司 详式权益变动报告书（修订稿） 修订说明 信息披露义务人已于 2025年 12月 2 日公告了《广东高乐股份有限公司详 式权益变动报告书》,现基于本次权益变动涉及的相关事项发生变化,信息披露 义务人对本次权益变动相关情况进行修订，本次主要修订内容如下: 一、关于信息披露义务人股份锁定承诺期的修订 信息披露义务人就股份锁定承诺期由"18个月"延长至"36个月",详见 本报告书"第三节 权益变动方式"之"三、本次权益变动所涉及股份的权利 限制情况"。 二、其他必要修订 2 广东 ...

关于广东高乐股份有限公司 详式权益变动报告书 之 财务顾问核查意见 （修订稿） 财务顾问 二〇二五年十二月 北京博星证券投资顾问有限公司 | | | 北京博星证券投资顾问有限公司 财务顾问核查意见（修订稿） 第一节 释义 | 除非上下文另有所指，以下简称在本核查意见中的含义如下： | | --- | | 上市公司、高乐股份、公 | 指 | 广东高乐股份有限公司 | | --- | --- | --- | | 司、发行人 | | | | 信息披露义务人一、黎曼 | 指 | 北京黎曼云图科创有限公司 | | 云图、受让方 | | | | 信息披露义务人二、黎曼 | 指 | 北京黎曼星图科技合伙企业（有限合伙） | | 星图、认购人 | | | | 信息披露义务人 | 指 | 北京黎曼云图科创有限公司、北京黎曼星图科技合伙 | | | | 企业（有限合伙） | | 芯大通科创 | 指 | 北京芯大通科创有限公司 | | 芯大通科技 | 指 | 北京芯大通科技有限公司 | | 转让方、华统集团 | 指 | 华统集团有限公司 | | 兴昌塑胶 | 指 | 兴昌塑胶五金厂有限公司 | | 《详式权益变动报告书》 | 指 ...

Core Viewpoint - The announcement indicates a significant change in the ownership structure of Gao Le Co., with the controlling shareholder Huadong Group transferring a substantial portion of its shares to Leman Yuntu, which will become the new controlling entity [1] Group 1: Share Transfer Details - In 2025, Huadong Group will transfer 94.72 million shares, representing 10% of the total share capital, to Leman Yuntu [1] - Additionally, 37.88 million shares, accounting for 4% of the total share capital, will have their voting rights entrusted to Leman Yuntu [1] - The agreement will result in the termination of the concerted action and voting rights delegation relationship between Huadong Group and other parties involved [1] Group 2: New Control and Commitments - Following the completion of the agreement, Leman Yuntu will become the new controlling shareholder, with Wang Fan as the actual controller [1] - Leman Yuntu has completed due diligence and has committed not to transfer shares within 36 months after the completion of the equity change [1] - The transaction is subject to uncertainties, indicating potential risks in the execution of the agreement [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002348 | 高乐股份 | 6.36 | -0.31% | 43.18万 | 2.75亿 | | 001300 | 三柏硕 | 15.22 | 0.00% | 1.83万 | 2769.71万 | | 001238 | 浙江正特 | 50.17 | 0.16% | 1951.0 | 980.08万 | | 002862 | 实丰文化 | 20.59 | 0.39% | 10.51万 | 2.15亿 | | 6688809 | 晨光股份 | 28.27 | 0.50% | 4.85万 | 1.37亿 | | 301101 | 明月镜片 | 38.94 | 1.01% | 1.29万 | 5012.08万 | | 300329 | 海伦钢琴 | 17.10 | 1.30% | 2.56万 | 4334.31万 | | 301287 | 康力源 | 41.85 | 1.80% | 1.01万 | 4190.20万 | | 605080 | 浙江自然 ...

证券之星消息，12月18日文娱用品板块较上一交易日上涨1.4%，广博股份领涨。当日上证指数报收于 3876.37，上涨0.16%。深证成指报收于13053.98，下跌1.29%。文娱用品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002103 | 广博股份 | 9.86 | 10.04% | 21.88万 | 2.15亿 | | 301335 | 大元宠物 | 29.68 | 5.25% | 6.05万 | 1.78亿 | | 300220 | 未經四步 | 14.35 | 3.54% | 6.29万 | 9119.65万 | | 301011 | 华立科技 | 25.15 | 3.20% | - 3.50万 | 8892.98万 | | 002899 | 英派斯 | 24.88 | 3.02% | 4.43万 | 1.10亿 | | 301287 | 康力源 | 41.11 | 3.01% | 1.12万 | 4573.78万 | | 002348 | 高乐股份 | ...

Group 1 - The core viewpoint of the article highlights the growth in the number of enterprises in the cultural, artistic, sports, and entertainment goods manufacturing industry, which increased by 188 companies year-on-year, representing a growth rate of 1.74% [1] - As of January to October 2025, there are 11,019 enterprises in this sector, accounting for 2.11% of the total industrial enterprises [1] - The threshold for large-scale industrial enterprises has been raised from an annual main business income of 5 million to 20 million yuan since 2011, indicating a shift in industry standards [1] Group 2 - The report referenced is from Zhiyan Consulting, which provides in-depth industry research reports and consulting services, emphasizing its expertise in the industry research field [1] - The data source for the statistics is the National Bureau of Statistics, indicating the reliability of the information presented [1] - Zhiyan Consulting has been active in the industry research sector for over a decade, focusing on delivering comprehensive industry solutions to empower investment decisions [1]

Core Viewpoint - Gao Le Co., Ltd. is undergoing a change in its controlling shareholder and actual controller, moving from Huadong Group to Beijing Lieman Yuntu Technology Innovation Co., Ltd. This marks the second ownership change for the company in three years, indicating a significant shift in its corporate governance and potential strategic direction [1][11]. Shareholder Structure Changes - The controlling shareholder, Huadong Group, will transfer its 132.608 million shares (14% of total equity) to Lieman Yuntu, along with the voting rights of 37.888 million shares (4% of total equity) [7][8]. - Following the transfer, Lieman Yuntu will hold 94.72 million shares (10% of total equity) and gain significant voting rights, while Huadong Group's stake will decrease to 4% [8][11]. Financial Performance - Gao Le Co., Ltd. reported a revenue decline of 16.14% in 2023, with total revenue at 2.66 billion yuan, and a net loss of 61.9785 million yuan [6]. - The company has seen a gradual improvement in its loss margins, with the net loss expected to narrow to 57.2978 million yuan in 2024 [6]. Business Transition - Gao Le Co., Ltd. is transitioning from traditional toy manufacturing to focus more on trendy and interactive toys, with the proportion of toy sales increasing from 80.54% in 2022 to an anticipated 96.77% in the first half of 2025 [5][6]. - The company has successfully integrated popular IPs into its product offerings, enhancing its market appeal and revenue potential [15]. Strategic Implications - The new controlling shareholder, Lieman Yuntu, is a technology-focused enterprise, which may provide Gao Le Co., Ltd. with opportunities to explore AI-driven toy innovations [11][15]. - The shift in ownership and strategic focus could position Gao Le Co., Ltd. to capitalize on emerging trends in the toy industry, particularly in the realm of AI and interactive products [15].

Core Viewpoint - The AI toy market in China is expected to grow significantly, reaching 29 billion yuan in 2025, driven by plush products that combine friendliness and intelligence [2] Group 1: Market Growth and Trends - The AI toy market in China is projected to reach 24.6 billion yuan in 2024 and 29 billion yuan in 2025, with plush products being the main growth driver [2] - Various players are entering the market, enriching the product offerings, such as Huawei's "Smart Hanhai" which sold over 6,500 units in 10 seconds [2] - Companies like JD.com and Honor are launching AI plush toys targeting children and families, focusing on imaginative play and emotional support [3] Group 2: Consumer Demographics and Preferences - The AI plush toy user base includes children, who seek knowledge and emotional comfort, and adults, particularly the 120 million single population, who view these toys as companions [3] - The Z generation perceives AI toys as "stress relief tools" and "fashion items," often taking them out as accessories [3] Group 3: Challenges and Concerns - Users have reported issues with AI toys, such as stiff dialogue and delayed responses, indicating a need for improved personalization [3] - There are concerns regarding the monetization strategies of AI plush toys, with some products criticized for exploiting emotional needs for profit [3] - The lack of standardized data collection practices raises privacy concerns among parents regarding children's data usage [3][4] Group 4: Regulatory and Ethical Considerations - Media commentary warns against AI toys becoming "emotional fast food," potentially hindering children's ability to manage real-life relationships [4] - The EU has updated toy safety regulations to address children's mental health, cognitive development, and privacy protection [5] - Balancing technological innovation, emotional value, and compliance will be crucial for AI plush toys to evolve from mere entertainment to genuine companions [5]