Group 1 - The core point of the article is that Songcheng Performance holds a 35.35% stake in Huafang Group, which has maintained stable operations since its delisting [1] - The book value of the long-term equity investment in Huafang Group is close to the identifiable net asset share based on the holding ratio, with no impairment signs detected [1] - Huafang Group is currently advancing post-delisting work, and the company plans to make reasonable arrangements for its stake at an appropriate time [1]

Core Viewpoint - Songcheng Performance (300144) reported that as of July 31, 2025, the total number of shareholders, including credit accounts, is 85,213 [1] Summary by Relevant Categories - **Company Information** - The total number of shareholders for Songcheng Performance, including credit accounts, is projected to be 85,213 by July 31, 2025 [1]

（文章来源：证券日报） 证券日报网讯宋城演艺8月5日在互动平台回答投资者提问时表示，公司已于2024年4月公告《关于2022 年度审计报告保留意见涉及事项影响已消除的专项说明》。公司及相关人员不存在被立案的事项和情 况。 ...

Group 1 - The company, Songcheng Performance (300144), is currently in a silent period for regular reporting and is not accepting on-site investor research to ensure compliance with information disclosure regulations [1]

Core Viewpoint - The night economy in China is thriving, driven by cultural consumption and leisure tourism, becoming a key focus in national economic and social development strategies [7][10]. Group 1: Night Economy Development - The night economy is characterized by new cultural consumption patterns and leisure activities, with events like the "Stand-up Comedy and Friends 2" attracting large audiences and enhancing weekend experiences [7][8]. - The Shanghai Pudong Museum's "Masterpieces from the Musée d'Orsay" exhibition has generated over 10 million yuan in sales from over 200 authorized cultural products, indicating strong consumer interest [8]. - The relationship between performance events and commercial districts is a closed loop of shared traffic and value, enhancing both the cultural and commercial appeal of urban areas [9]. Group 2: Consumer Behavior and Trends - Young audiences are driving the demand for stand-up comedy, with high consumption willingness and social needs, leading to extended stays in commercial areas before and after performances [8][9]. - The rise of night markets and cultural experiences reflects a growing consumer preference for unique dining and shopping experiences, alongside traditional cultural offerings [11][12]. Group 3: Technological Integration - The integration of technology in night economy initiatives, such as drone shows and immersive experiences, is enhancing cultural offerings and attracting visitors [12]. - Companies are innovating with technology to create engaging night tourism products, such as holographic projections and themed light shows, to revitalize tourist attractions [12][13]. Group 4: Policy Support and Future Outlook - Cities are increasingly focusing on cultural leadership and brand building, with policies shifting from broad coverage to targeted investments in night economy initiatives [13]. - Shanghai has introduced ten measures to support the development of night economy landmarks, including enhancing night performance activities and optimizing approval processes for night events [13].

证券日报网讯宋城演艺7月30日在互动平台回答投资者提问时表示，公司持续关注市场机会，将结合市 场环境和自身节奏综合考虑拓展新项目。 （文章来源：证券日报） ...

证券日报网讯宋城演艺7月30日在互动平台回答投资者提问时表示，如后续有分红等相关计划，公司将 严格按照规定披露。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯宋城演艺7月30日在互动平台回答投资者提问时表示，通过在城市地标场景化呈现精品演 艺内容，有利于提升公司品牌形象，加强引流。 ...

证券日报网讯 宋城演艺7月30日在互动平台回答投资者提问时表示，公司与国内多家985、211等高校建 立了人才合作机制，学校输送专业对口的人才到公司实习或就业。同时，公司根据业务发展需求每年开 展多种形式的校园招聘和社会招聘，引进优质人才，满足公司发展的人才需求。 （编辑 袁冠琳） ...

（编辑 袁冠琳） 证券日报网讯 宋城演艺7月30日在互动平台回答投资者提问时表示，公司每年都会精心策划适合不同人 群的丰富活动。现阶段，公司正重点推进与亲子类及Z世代风格高度契合的优质艺人合作，以提升活动 吸引力和参与度。 ...