Core Viewpoint - The company proposes to lower the conversion price of its convertible bonds, "Fengyu Convertible Bonds," due to the stock price falling below 80% of the current conversion price for a significant number of trading days, aiming to protect investor interests and optimize its capital structure [2][8][11]. Group 1: Board Meeting and Proposal - The fourth board meeting of the company was held on April 23, 2025, where the proposal to lower the conversion price was approved unanimously by all participating directors [3][4]. - The proposal will be submitted to the shareholders' meeting for approval, requiring a two-thirds majority vote from the attending shareholders [19]. Group 2: Trigger Conditions for Price Adjustment - As of April 23, 2025, the company's stock price had been below 80% of the conversion price (12.02 CNY/share) for at least 15 out of the last 30 trading days, triggering the adjustment clause for the "Fengyu Convertible Bonds" [8][11]. - The initial conversion price was set at 22.15 CNY/share, adjusted to 15.26 CNY/share after the 2021 annual equity distribution, and further adjusted to 15.03 CNY/share after the 2023 annual equity distribution [9][10][14]. Group 3: Shareholder Meeting Details - The annual shareholders' meeting is scheduled for May 7, 2025, where the proposal for the conversion price adjustment will be discussed [18][21]. - The meeting will include provisions for online voting and will require shareholders holding "Fengyu Convertible Bonds" to abstain from voting on the proposal [22][24].

上海风语筑文化科技股份有限公司 2024 年年度股东大会 会议材料 2025 年 5 月 7 日 目 录 2 一、上海风语筑文化科技股份有限公司 2024 年年度股东大会议程 二、上海风语筑文化科技股份有限公司 2024 年年度股东大会议案 1. 《2024 年年度报告及摘要》 2. 《2024 年度董事会工作报告》 3. 《2024 年度监事会工作报告》 4. 《2024 年度财务决算报告》 5. 《2024 年度利润分配方案的议案》 6. 《关于提请股东大会授权董事会决定公司 2025 年中期利润分配方案的 议案》 7. 《关于董事、高级管理人员 2024 年度报酬执行情况及 2025 年度报酬方 案的议案》 8. 《关于监事 2024 年度报酬执行情况及 2025 年度报酬方案的议案》 9. 《关于 2025 年度申请银行授信的议案》 10. 《关于使用部分闲置募集资金进行现金管理的议案》 11. 《2024 年度募集资金存放与实际使用情况的专项报告》 12. 《关于续聘会计师事务所的议案》 13. 《关于向下修正"风语转债"转股价格的议案》 上海风语筑文化科技股份有限公司 2024 年年度股东大会议程 ...

| 证券代码：603466 | 证券简称：风语筑 | 公告编号：2025-027 | | --- | --- | --- | | 债券代码：113643 | 债券简称：风语转债 | | 上海风语筑文化科技股份有限公司 关于2024年年度股东大会增加临时提案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 股东大会有关情况 1. 股东大会的类型和届次： 2024年年度股东大会 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 603466 | 风语筑 | 2025/4/28 | 二、 增加临时提案的情况说明 2. 股东大会召开日期：2025 年 5 月 7 日 3. 股权登记日 1. 提案人：李晖 2. 提案程序说明 公司已于2025 年 4 月 17 日公告了股东大会召开通知，单独或者合计持有 23.23%股份的股东李晖，在2025 年 4 月 23 日提出临时提案并书面提交股东大 会召集人。股东大会召集人按照《上市公司股东大会规则》有关 ...

重要内容提示： ● 截至 2025 年 4 月 23 日，上海风语筑文化科技股份有限公司（以下简称"公 司"）股价已出现任意连续三十个交易日中至少有十五个交易日的收盘价低于当期转 股价格的 80%（12.02 元/股）之情形，触及"风语转债"转股价格向下修正条款。 ● 经公司第四届董事会第九次会议提议向下修正"风语转债"的转股价格。 ● 本次向下修正"风语转债"转股价格尚需提交公司股东大会审议。 | 证券代码：603466 | 证券简称：风语筑 | 公告编号：2025－026 | | --- | --- | --- | | 债券代码：113643 | 债券简称：风语转债 | | 上海风语筑文化科技股份有限公司 关于董事会提议向下修正"风语转债"转股价格的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、转换公司债券基本情况 经中国证券监督管理委员会《关于核准上海风语筑文化科技股份有限公司公开发 行可转换公司债券的批复》（证监许可[2021]4026 号）的核准，公司于 2022 年 3 月 25 日公开发行了 5 ...

赛事的热度引爆了人形机器人赛道，昨日，A股人形机器人概念股午后显著拉升。截至下午收盘，相关 概念股涨多跌少，其中，震裕科技（300953）、万达轴承、奥比中光、利亚德涨幅皆超10%；福莱新材 （605488）涨停；强瑞技术（301128）、鸣志电器（603728）、伟创电气、斯菱股份（301550）、日盈 电子（603286）、风语筑、汉威科技（300007）、翔楼新材（301160）、绿的谐波、天奇股份 （002009）、超捷股份（301005）等均涨超7%。 港股方面，昨日港股休市，此前一个交易日优必选和小米集团均收涨。前者4月17日收盘涨0.36%报 70.450港元/股，换手率0.76%，振幅2.35%，成交额2亿港元；后者当日收盘涨1.70%报41.95港元/股，换 手率0.89%，振幅4.24%，成交额79.1亿港元。 AI+机器人投资机会涌现 商报讯(记者叶晓珺)周末的人形机器人马拉松比赛，掀起了行业热潮，也引爆了二级市场。昨日早间， 人形机器人指数上涨0.84%，报9440.57，成交额212.36亿元，东方锆业（002167）、奥比中光领涨。港 股方面，虽说昨日休市，但概念股小米和优必选此前 ...

刚刚过去的周末，一场史无前例的人形机器人半程马拉松霸屏社交平台——夺冠的"天工"、紧追其后的松延动 力，甚至未参赛却引发热议的宇树科技，无不成为科技圈的焦点。资本市场的反应更为直接——4月21日开盘，人 形机器人板块集体飙升，京城股份、奥比中光、利亚德等个股涨幅均超10%，市场热度可见一斑。 然而，这场高调的赛事也打破了行业的"理想滤镜"，暴露出来续航短、稳定性差、需人为辅助等问题，质疑声四 起。不过，业内人士认为，电动车也经历过早期的"PPT造车"阶段，那时候的技术展示虽不完美，却是行业爆发 的必经之路。资本需要故事，技术需要试错，而这场马拉松，或许正是人形机器人迈向实用的"第一块绊脚石"。 二级市场表现积极 4月21日，人形机器人板块指数上涨45.76点，收于1307.23点，涨幅为3.63%。相关概念股中，京城股份涨停，奥 比中光涨11.17%，利亚德涨11.01%，鸣志电器涨8.64%，风语筑涨7.65%，绿的谐波涨7.16%，珠城科技涨5.17%， 丰立智能涨4.04%…… 引发资本热情的，正是两天前举办的人形机器人半程马拉松赛。4月19日7点30分，2025北京亦庄半程马拉松暨人 形机器人半程马拉 ...

Investment Rating - Investment rating for the media industry is optimistic (maintained) [1] Core Insights - The MCP agreement and the "Network Publishing Technology Innovation Leading Plan" are driving industry development, with a focus on AI applications and IP development [5] - The collectible card game market in China is expected to grow significantly, with a projected market size increase from 2.8 billion RMB in 2019 to 26.3 billion RMB in 2024, reflecting a CAGR of 56.6% [6][14] - The report emphasizes the importance of high-quality IP and the rise of domestic IP in driving growth in the collectible card and related industries [21][22] Summary by Sections Section 1: Collectible Card Games - The collectible card game market is projected to grow from 2.8 billion RMB in 2019 to 26.3 billion RMB in 2024, with a CAGR of 56.6% [6][14] - The leading company in this sector, 卡游, achieved revenues of 22.9 billion RMB in 2021, 41.3 billion RMB in 2022, and is expected to reach 100.6 billion RMB in 2024 [22] - The report highlights the increasing participation of female consumers and the rise of domestic IP as key growth drivers [21][22] Section 2: Industry Data Overview - The game "和平精英" ranked first in both the iOS free and best-selling charts in mainland China as of April 19, 2025 [31][35] - The film "向阳·花" achieved a weekly box office of 0.39 billion RMB, totaling 1.83 billion RMB [45] - The web drama "无忧渡" performed well with a broadcasting index of 82.5 [46] Section 3: Company Performance - 卡游's revenue from collectible card games is expected to continue growing, supported by a strong IP matrix and effective supply chain management [22][23] - The company has launched numerous toy series and collectible card series, indicating robust product innovation [22][23] - The report recommends continued investment in companies like 腾讯控股 and 快手-W, which are positioned to benefit from the growth in AI and gaming sectors [5]

作为全球首个人形机器人半程马拉松的"黑马"，亚军松延动力的合作方也尝到了甜头。 人形机器人马拉松的风，吹到了二级市场。 4月21日开盘后，人形机器人指数（8841699.WI）开盘下跌后拉升。截至发稿，万得数据显示，机器人指数报9440.57，上涨0.84%，成交额212.36亿元。东 方锆业（002167.SZ）、奥比中光-UW（688322.SH）领涨。 第一财经记者梳理发现，全球首个人形机器人半程马拉松前三名背后包括优必选（9880.HK）、小米（1810.HK）、利亚德（300296.SZ）、风语筑 （603466.SH）等上市企业。 具体来看，夺冠的天工Ultra背后有两家港股上市公司小米和优必选的身影。今日港股休市，作为天工Ultra研发单位北京人形机器人创新中心的发起单位和 总经理单位， 优必选截至上个交易日收盘小幅上涨。万得数据显示，优必选4月17日收盘报70.450港元/股，上涨0.36%，换手率0.76%，振幅2.35%，成交额 2亿港元。 小米机器人在北京人形机器人创新中心的持股比例为28.57%。作为小米机器人的母公司，小米集团4月17日收盘涨1.7%。万得数据显示，小米集团-W （1 ...

Investment Rating - Industry Rating: Recommended [5] Core Insights & Investment Recommendations - The visit of Nvidia CEO Jensen Huang to China highlights the strategic value of the Chinese AI market, emphasizing Nvidia's commitment to optimizing chip products that comply with regulations, reflecting the global attractiveness of China's AI industry ecosystem [2][24] - The upcoming May Day holiday shows a significant increase in domestic flight ticket bookings, with over 3.33 million tickets booked, a year-on-year increase of approximately 36%, indicating strong potential for consumer spending in the tourism sector [2][25] - AI is positioned at the intersection of technology and domestic demand, supported by policies and structural transformation, with a cautious optimistic outlook on core Chinese AI companies, suggesting that leading firms with foundational technology capabilities will gradually demonstrate long-term investment value [3][25] Market Performance Overview - In the week of April 14-18, 2025, the Shanghai Composite Index rose by 1.19%, while the SW Media Index increased by 1.91%, ranking 6th among 31 industries [12][18] - The gaming, sports, and advertising sectors led the sub-industry performance, with increases of 3.17%, 2.73%, and 2.37% respectively [12][16] Sub-Industry Data - The top three box office films were "Sunshine Flowers," "My World Movie," and "The Love That Doesn't Speak," while the top three streaming films included "The Legend of the Condor Heroes: The Great Hero," "Murder 3," and "Breaking Hell" [4] - The top three games on iOS were "Honor of Kings," "Peacekeeper Elite," and "Dungeon and Fighter: Origin," with the Android rankings featuring "Heart Town," "Honkai: Star Rail," and "Ghost Valley" [7][19]

分析师：乔琪 登记编码：S0730520090001 传媒 qiaoqi@ccnew.com 021-50586985 业绩迎来回暖，政策护航业务增长 ——风语筑(603466)年报点评 证券研究报告-年报点评 买入(维持) 市场数据(2025-04-17) | 收盘价(元) | 9.48 | | --- | --- | | 一年内最高/最低(元) | 12.80/6.58 | | 沪深 300 指数 | 3,772.22 | | 市净率(倍) | 2.55 | | 流通市值(亿元) | 56.39 | | 基础数据(2025-03-31) | | 《风语筑(603466)年报点评：在手订单规模充 沛，项目周期影响 Q1 业绩》 2024-04-30 联系人：李智 公司 2024 年营业收入 13.76 亿元，同比减少 41.44%，归母净利润-1.35 亿元，同 比减少 147.97%，扣非后归母净利润-1.16 亿元，同比减少 154.25%。2025 年第 一季度营业收入 3.82 亿元，同比增加 29.81%，归母净利润 4027.44 万元，上年 同期为-1501.39 万元，扣非后归母净利润 39 ...