Group 1 - The 35th Hong Kong Book Fair will be held from July 16 to 22 at the Hong Kong Convention and Exhibition Centre, with the theme "Culinary Culture · Future Life" and over 620 cultural activities planned [1] - The event aims to promote reading culture and cultural exchange through food literature, highlighting Hong Kong's status as a culinary paradise that blends Eastern and Western cultures [1] - The "World Cultural and Arts Corridor" will feature eight themed dining tables set up by artists, showcasing books and exhibits from various countries, along with interactive installations to recommend books to visitors [1] Group 2 - The China mainland publishing exhibition area will focus on Sichuan as the theme province, showcasing elements like Sichuan cuisine, Sichuan opera, and Sichuan embroidery to reflect the region's rich history [2] - The book fair will coincide with the Hong Kong Sports and Leisure Expo and Snack World, with an expectation of over 770 exhibitors participating across the three events [3]

Core Viewpoint - The children's book market is experiencing a trend of excessive packaging and marketing, leading to inflated prices and a shift away from the fundamental educational purpose of books [1][2][3] Group 1: Market Trends - The trend of "luxury children's books" has emerged, characterized by extravagant packaging and high prices, with some books costing over 300 yuan for minimal content [1][2] - The excessive focus on aesthetics and luxury features has transformed children's books into gifts or status symbols rather than educational resources [1][2] Group 2: Consumer Impact - The high prices of luxury children's books are creating financial burdens for families, making it difficult for low-income households to access quality educational materials [2][3] - Many expensive children's books are underutilized, often being read only a few times before being discarded, which raises concerns about waste and resource allocation [2] Group 3: Regulatory Recommendations - There is a need for systematic governance of the children's book market to address the issues of excessive packaging, similar to regulations in the mooncake and rice dumpling markets [3] - Regulatory bodies should establish packaging standards and price limits for non-essential features in children's books to ensure fair pricing and accessibility [3] - Collaboration among regulatory agencies, industry associations, and consumer protection organizations is essential to enforce compliance and promote rational consumer behavior [3]

Core Points - The "Xinhua Academy" influencer alliance has been established in Beijing, co-founded by Xinhua Bookstore and the Reading Promotion Working Committee of the China Xinhua Bookstore Association [1] - The alliance aims to cultivate and promote influential reading advocates with good cultural literacy, providing them a platform to realize personal value and facilitate collaboration among authors, publishers, readers, and promoters [3] Group 1 - The "Xinhua Academy" influencer alliance is a key component of the "Xinhua National Reading Space" project, which is a comprehensive reading service platform [3] - The establishment of the alliance reflects Xinhua Bookstore's commitment to implementing the China Publishing Group's strategy for developing content e-commerce and innovating reading promotion models [5] - The alliance will provide deep support for influencers through cultural empowerment, systematic training, platform expansion, and industry chain collaboration [5] Group 2 - The first batch of reading promoters received certificates at the event, and they expressed their expectations for contributing to quality cultural dissemination [7] - A two-day professional training session has been organized for the first members to enhance their content creation and promotion skills [7] - The alliance invites more reading enthusiasts and sharers from various sectors to join, aiming to gather more "ordinary people's light" to support national reading initiatives [7]

Core Viewpoint - The announcement details the replacement of a board member and adjustments to the specialized committees of China Science Publishing & Media Co., Ltd, ensuring the board's normal operation during the transition period [1][2]. Group 1: Board Changes - Zhang Li will no longer serve as a director and member of the specialized committees due to a job transfer, but will continue to fulfill her duties until a new director is elected [1][2]. - Wang Yuan has been nominated as a candidate for the board of directors, pending approval at the shareholders' meeting, with a term lasting until the end of the current board's tenure [1][2]. Group 2: Committee Adjustments - Adjustments to the Audit Committee and Nomination Committee members have been proposed, effective upon the election of new directors at the shareholders' meeting [2]. - Other specialized committees, including the Compensation and Assessment Committee, Strategy Committee, and Editorial Committee, will remain unchanged [2]. Group 3: Contributions and Background - The company expresses gratitude for Zhang Li's significant contributions during her tenure, particularly in strategic planning, governance enhancement, and major operational decisions [2]. - Wang Yuan's background includes a PhD in Applied Economics from Tsinghua University and various roles in investment banking and management within China Science Publishing & Media Group [3].

Group 1 - The company, China Science Publishing & Media Co., Ltd., is convening its first extraordinary general meeting of shareholders in 2025 on July 10 at 14:30 in Beijing [1][3] - The meeting will utilize both on-site and online voting methods, with the online voting system provided by the Shanghai Stock Exchange [3][4] - Shareholders must register to attend the meeting, with specific requirements for documentation depending on whether they are individual or corporate shareholders [5][6] Group 2 - The voting period for the online system will be from 9:15 to 15:00 on the day of the meeting [1][4] - Shareholders holding multiple accounts can vote through any of their accounts, but the total voting rights will be based on the aggregate number of shares held across all accounts [4][5] - The company has confirmed that there are no related shareholders that need to abstain from voting on the proposed resolutions [2][3]

Group 1 - The 31st Beijing International Book Fair was held from June 18 to 22, showcasing over 22,000 types of books from more than 1,700 exhibitors from 80 countries and regions, and achieving nearly 4,000 international copyright trade agreements [1][2][5] - The event highlighted China's publishing industry's robust development and openness, serving as a bridge for cultural exchange and mutual learning between China and the world [1][5] - Various themed books, including foreign editions of Chinese historical texts and modern works, were prominently featured, aiming to enhance international understanding of Chinese civilization and modernization [2][6] Group 2 - The fair served as a platform for promoting Chinese culture, with significant participation from various regions, including Beijing, Guizhou, and Xinjiang, each showcasing unique literary works and cultural narratives [5][6] - The event facilitated international cooperation in publishing, with agreements for multi-language copyright outputs and collaborative projects, such as the integration of Chinese advanced technologies into global markets [6][8] - Numerous cultural activities were organized, allowing authors and readers to engage directly, fostering deeper connections through literature [10][14] Group 3 - The fair featured a strong emphasis on children's literature, with over 100 original works and multiple copyright agreements aimed at introducing Chinese stories to global audiences [7][9] - The participation of Malaysia as the guest of honor included collective exhibitions and copyright cooperation, emphasizing the importance of books as a bridge for human connection and creativity [13][14] - The event also hosted various forums and discussions, bringing together experts and scholars to explore collaborative opportunities in the publishing industry [14]

中南出版传媒集团股份有限公司 证券代码：601098 证券简称：中南传媒 公告编号：2025-026 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。 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 | 股份类别 | 股权登记日 | | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/27 | － | 2025/6/30 | 2025/6/30 | | 四、 分配实施办法 重要内容提示： ? 每股分配比例 A 股每股现金红利0.45元 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 （2）对于合格境外机构投资者（QFII）股东，公司将根据国家税务总局颁布的《国家税 务总局关于中国居民企业向 QFII 支付股息、红利、利息代扣代缴企业 ...

Core Insights - The 31st Beijing International Book Fair concluded with participation from over 1,700 exhibitors from 80 countries and regions, showcasing 220,000 types of books and hosting over 1,000 cultural events [1] - A total of 2,826 copyright trade agreements (including intentions) were reached, with 1,955 agreements for copyright output and 753 for copyright import [1] - The Beijing exhibition area achieved significant results, with over 350 output intentions and 14 import intentions, including 150 copyright output agreements [1][2] Group 1: Highlights of the Book Fair - The main highlight of the fair was the emphasis on "going out" and "bringing in" books, which attracted significant industry attention [4] - The Beijing publishing group showcased over 3,500 types of quality books and organized 32 cultural exchange activities, drawing widespread interest [2] - The fair saw new copyright cooperation opportunities with leading global publishers and digital library suppliers [2] Group 2: International Cooperation and Projects - The "Civilization Mutual Learning and Translation Project" was launched, with four titles selected for mutual translation between Chinese and Italian [2] - Beijing Publishing Group joined the International Publishing Education Alliance and established cooperation with Italian and Thai publishers [2] - The "Scientific Humanities Series" was introduced, aiming to create a new paradigm in international academic publishing by integrating science and humanities [5] Group 3: Notable Publications and Awards - The Thai and Spanish editions of notable works from Beijing Publishing Group received awards for excellence in export and import publishing [3] - The Malaysian edition of the award-winning novel "Northbound" was launched, highlighting cultural exchange between China and Malaysia [7] - The introduction of the "Iwanami Science Library" series into China marked a significant collaboration with Japanese publishers [8]

Group 1 - The 31st Beijing International Book Fair attracted over 1,700 exhibitors from 80 countries and regions, with a record participation of 43 Japanese exhibitors [1] - Japanese publisher Kumon Publishing, making its debut at the fair, aims to promote children's healthy growth through its series of educational books, which have gained popularity in China [2] - Tohan Co., a leading player in the Japanese publishing distribution industry, has witnessed the rapid development of the Chinese publishing market since its first participation in the fair in 1986, bringing 700 sample books this year, an increase from 600 last year [2] Group 2 - The fair showcased a diverse range of book categories, including health, science, children's literature, manga, literature, management, psychology, and language education, reflecting the growing interest of Chinese readers in psychological and self-improvement books [2] - The cultural exchange between Japan and China is strengthened by shared emotional experiences through reading, as both countries belong to the Chinese character cultural sphere, facilitating natural communication [3] - Major Japanese publishing houses like Shueisha and Kodansha also presented new publications from the past year at the fair [5]

Summary of Conference Call Notes Industry Overview - The current focus is on the new consumption and AI application sectors, particularly in the context of the recent market pullback influenced by geopolitical factors and the unlocking of new consumption stocks [1][3] - The summer film season and the collectible toy market show potential for growth despite recent market challenges [1][3] Key Insights and Arguments - The short drama market is entering a refined management phase due to regulatory policies from the National Radio and Television Administration, which is expected to enhance content quality [1][4][7] - Companies like Wanda Film, Shanghai Film, and Hengdian Film are actively expanding into the pan-entertainment market through IP operations and offline experiences, with projections indicating that the pan-entertainment market in China will exceed 300 billion RMB by 2029 [1][6] - The AI application sector has cooled down after an initial surge but is witnessing new developments, such as the IPOs of over 20 AI companies in Hong Kong and the launch of the ARCS sci-fi short drama [1][9] Notable Companies and Their Strategies - Wanda Film's "1+2+5" strategy focuses on creating a super space and expanding into domestic and international markets, while also diversifying into films, strategic investments, and collectible toys [6] - Shanghai Film Group is revamping classic IPs and plans to release an animated film in 2025, while Hengdian Film City is transitioning to a global short drama production center [6] Market Trends and Future Outlook - The short drama industry is shifting from a traffic-driven model to a focus on high-quality content, with potential for integration with gaming and offline exhibitions [7] - The publishing and gaming sectors within the media industry are expected to show stable performance, with companies like Southern Media and Central South Media being highlighted for their resilience [8] AI Application Market Potential - The AI-generated content market is projected to reach a scale of hundreds of billions, with specific opportunities in education (Tianzhou Culture, Rongxin Culture), companionship (Aofei Entertainment), and beauty (Meitu) [2][13] - The potential for AI-generated content in the film and animation sectors is significant, with new production models emerging that could transform traditional filmmaking processes [10][11] Investment Opportunities - Companies to watch in the context of new consumption and AI applications include Wanda Film, Tianzhou Culture, Aofei Entertainment, and Bilibili, particularly as they engage in offline experiential economies and social interactions during the summer season [14][15]