Core Viewpoint - The company, China Science Publishing & Media Co., Ltd., is set to hold an investor briefing on May 14, 2025, to discuss its 2024 annual and 2025 first-quarter performance, aiming to enhance investor understanding of its financial results and operational status [2][3]. Group 1: Meeting Details - The investor briefing will take place on May 14, 2025, from 11:00 to 12:00 [2][3]. - The location for the meeting is the Shanghai Stock Exchange Roadshow Center, and it will be conducted in an interactive online format [2][3]. - Participants will include the Chairman and General Manager, Hu Huaqing, the Vice General Manager and CFO, Huang Chen, the Vice General Manager and Board Secretary, Zhang Fan, and the Independent Director, Ao Ran [3]. Group 2: Participation Information - Investors can participate in the briefing by logging into the Shanghai Stock Exchange Roadshow Center on the scheduled date [4]. - Questions can be submitted by investors from May 7 to May 13, 2025, through the Roadshow Center's website or via the company's email [4]. - After the briefing, investors can access the main content and details of the meeting on the Shanghai Stock Exchange Roadshow Center [4].

Investment Rating - The report maintains a positive outlook on the A-share media sector for 2024 and Q1 2025, highlighting significant growth in gaming, film, and publishing sectors [4][5]. Core Insights - The report indicates that the overall performance of the media sector in 2024 remains under pressure, but there are signs of improvement in quarterly trends, with a notable increase in net profit by 38.6% year-on-year in Q1 2025 [5][6]. - The gaming industry shows a strong upward trend, with Q1 2025 revenue growth of 21.9%, marking the best growth rate in nearly 13 quarters, driven by new product launches and the upcoming AI gaming developments [11][15]. - The film sector benefits from a resurgence in box office performance, particularly driven by the success of "Nezha: Birth of the Demon Child," with Q1 2025 box office revenue increasing by 49% year-on-year [5][14]. - The publishing sector demonstrates resilience, with net profit recovering to levels close to Q1 2023, despite a slight revenue decline [14]. Summary by Relevant Sections Gaming Sector - Q1 2025 revenue increased by 21.9%, with a net profit margin of 13%, up 2.4 percentage points from the previous year [11][15]. - Companies like Century Huatong and Perfect World reported significant growth, with expectations for continued improvement in the second half of 2025 as new products are launched [15][21]. Film Sector - The domestic film market saw a 49% increase in box office revenue in Q1 2025, with average ticket prices reaching 46.8 yuan [5][14]. - The success of major films like "Nezha: Birth of the Demon Child" has positively impacted the industry, leading to improved profit margins for cinema chains [14]. Publishing Sector - The publishing industry experienced a slight revenue decline of 4.2% year-on-year, but profit margins improved significantly due to tax exemptions for state-owned publishing companies [14]. - The overall financial health of major publishing groups remains stable, with expectations for consistent dividend payouts [14]. Advertising Sector - The advertising market continues to face pressure, but companies like Focus Media show resilience with a year-on-year revenue increase of 5% and net profit growth of 9% [14]. Long Video Sector - The long video sector is impacted by macroeconomic factors, with a shift in user attention towards short dramas affecting brand advertising revenues [5][14].

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **media industry** and highlights significant opportunities in **AI** and **AI glasses** for the second quarter and second half of 2025, particularly following positive guidance from President Xi Jinping regarding AI glasses, which may catalyze the industry [1][2] - The **gaming sector** is noted for its strong performance, with several companies exceeding market expectations in the first quarter of 2025 [2] Core Insights and Arguments - **AI and AI Glasses**: The media industry should pay attention to AI and AI glasses, with a projected market size of **4.71 billion** yuan by 2027, and **Inpaas** expected to generate over **90 million** yuan in net profit, contributing to a market capitalization increase of **2.8 billion** yuan [1][5] - **Film and Gaming Projects**: Anticipated summer releases include animated films like **"Three Kingdoms Starry Sky"** and **"Wang Wang Island,"** along with games such as **"One Ring"** and **"SLG 5,000 Years,"** which are expected to drive revenue for related companies [1][4] - **Fengjun Media**: Reported first-quarter revenue of **2.858 billion** yuan, a **4.7%** year-on-year increase, and a net profit of **1.135 billion** yuan, up **9.14%** year-on-year, with a dividend yield exceeding **6%** [1][8] - **Gaming Sector Performance**: The gaming sector reported a profit of **3.476 billion** yuan in Q1 2025, a **41.7%** increase year-on-year, with notable performances from companies like **Kying Network**, **Perfect World**, **ST Huayun**, and **Jibite** [1][11] Additional Important Insights - **Mergers and Acquisitions**: Fengjun Media's recent acquisition of **Xinchao** is expected to enhance overall efficiency and bargaining power, positively impacting future performance [1][9] - **Education Sector**: The education sector is highlighted for its strong domestic demand characteristics, with recommendations to focus on high-performance, high-dividend stocks like **Oriental Education**, which saw a **15%-35%** increase in spring enrollment [2][12] - **Doushen Education**: As the first AI+ education application stock in A-shares, its **AI class** product is expected to launch in Q2, potentially replacing online language courses and driving significant revenue growth [2][15][16] - **Market Dynamics**: The K12 education sector is advised to focus on AI-enabled education, with companies like **Doushen Education** and **Shengtong Co.** showing promise for future growth [2][14][17] This summary encapsulates the key points discussed in the conference call, providing insights into the media and gaming industries, as well as emerging opportunities in AI and education sectors.

5月5日，山东大学齐鲁医院一名护士论文中被曝出现"男性患子宫肌瘤"，引发热议。5月5日下午，山东 大学齐鲁医院官方微信公众号发布通报：我院关注到网友反馈的相关论文信息，第一时间开展调查工 作。经核查，网传论文存在学术不端问题。我院依规依纪给予护士霍某某记过处分、降级处理，取消其 五年内各类晋级晋升等资格。齐鲁医院一直高度重视学风建设，对学术不端行为始终秉持"零容忍"态 度。感谢广大网友关心。 极目新闻记者查询了解到，这篇论文在知网平台的在线公开时间为2017年，刊发该文章的期刊为《实用 妇科内分泌杂志（电子版）》。5日下午，极目新闻记者调查了解到，有论文代发机构对该期刊的版面 费报价从四千至一万元不等，声称还能提供代写服务。 霍某静所发布论文 引发争议的论文题为《针对性护理干预在子宫肌瘤围手术期的情绪和生活质量临床应用效果》，作者系 山东大学齐鲁医院妇科护士，文章发表在《实用妇科内分泌杂志（电子版）》。 上述论文第一部分写到"选取本院2015年4月至2016年4月收治的接受手术治疗的子宫肌瘤患者80例，对 照组患者中，男27例，女13例，观察组患者中，男28例，女12例，年龄24-55岁。"因男性成为接受手术 ...

Core Perspective - The novel "Yue Shi Ji" by online writer San Sheng San Xiao is the only online literature work recognized as a "Good Book of China" for 2024, intertwining a culinary journey with cultural roots through the story of a father-son duo in the Cantonese cuisine industry [2] Group 1: Culinary Writing - The culinary writing in "Yue Shi Ji" can be divided into two aspects: "the form of food" which focuses on the selection of ingredients, cooking techniques, and the detailed description of dishes, and "the essence of food" which transcends physical enjoyment to explore cultural and spiritual dimensions [3][4] - The novel emphasizes the importance of both the physical and spiritual aspects of food, showcasing how traditional Cantonese cuisine values experience and artistry, contrasting with modern fast-food culture that prioritizes appearance and efficiency [4] Group 2: Cultural and Philosophical Themes - The narrative explores the conflict between traditional culinary culture, which emphasizes depth and meaning, and modern fast-food culture, highlighting the philosophical dichotomy of slow classical time versus fast modern time [4] - The protagonist, Mai Xi Ming, represents a new generation of Cantonese chefs who seek to harmonize the form and essence of food, reflecting a blend of tradition and innovation in Chinese culinary culture [4]

公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 第一季度财务报表是否经审计 □是 √否 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601019 证券简称：山东出版 山东出版传媒股份有限公司 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。 重要内容提示 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 ■ (二)非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 ■ 对公司将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号一一非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 □适用 √不适用 (三)主要会计数据、财务指标发生变动的 ...

传媒 2025 年 05 月 05 日 投资评级：看好（维持） 4 月 29 日，上海电影旗下《中国奇谭》IP 首部喜剧电影《浪浪山小妖怪》宣布 定档 8 月 2 日，讲述小猪妖离开浪浪山开启全新"妖生"，组建史上最"潦草" 取经团开启西行的故事；此外，中文在线 4 月 29 日亦宣布旗下国漫 IP 大电影《罗 小黑战记 2》将于 2025 年暑期上映，后续值得期待的动画电影还包括果麦文化、 光线传媒联合出品的《三国的星空》等。根据猫眼专业版，截至 5 月 4 日 20 点， 已上映超过 3 个月的《哪吒之魔童闹海》在五一档期仍实现超过 5700 万票房， 上座率超过除《幽灵公主》之外的五一档新片，全球累计票房已超过 158 亿元， 持续验证头部国漫 IP 及动画电影的强大票房号召力。我们认为，暑期档国漫 IP 动画电影票房值得期待，建议继续布局国漫 IP 产业链，重点推荐上海电影，受 益标的包括果麦文化、中文在线、光线传媒等。 行业走势图 数据来源：聚源 -29% -14% 0% 14% 29% 43% 2024-05 2024-09 2025-01 传媒 沪深300 相关研究报告 《积极关注高景气社交出海 ...

传媒 2025 年 05 月 05 日 投资评级：看好（维持） 行业走势图 数据来源：聚源 -29% -14% 0% 14% 29% 43% 2024-05 2024-09 2025-01 传媒 沪深300 相关研究报告 《积极关注高景气社交出海、Agent 及 多 模 态 AI 应 用 — 行业周报》 -2025.4.27 《MCP 及政策助力 AI 发展，继续关 注高景气 IP 赛道—行业点评报告》 -2025.4.21 《多模态 AI 突破不止，政策暖风持续 助力 IP、体验消费—行业周报》 -2025.4.13 模型迭代、国漫电影上新持续推进，继续布局 AI、IP ——行业周报 | 方光照（分析师） | 田鹏（分析师） | | --- | --- | | fangguangzhao@kysec.cn | tianpeng@kysec.cn | | 证书编号：S0790520030004 | 证书编号：S0790523090001 | 阿里通义、DeepSeek 模型再迭代，纳米 AI 引领 Agent 突破，继续布局 AI 4 月 29 日，阿里通义千问模型 Qwen3 正式开源，其采用 MoE 架构 ...

Core Points - The article announces the passing of renowned children's literature writer and publisher Zhou Qing, who died on May 2, 2025, at the age of 57 due to illness [1] - Zhou Qing was a member of the Chinese Communist Party and held various significant positions, including the former president and chief editor of the Shanghai Children's Publishing House [1] - She was recognized for her contributions to children's literature, having edited and published numerous award-winning books [1] Summary by Sections - **Biography and Career**: Zhou Qing was born in March 1968 and was actively involved in the literary community, serving as a member of the Chinese Writers Association and holding leadership roles in various literary organizations [1] - **Contributions to Literature**: Zhou edited and published notable works such as "The Complete Works of Big Head Son and Small Head Dad" and "Ten Thousand Whys" (6th edition), receiving multiple national publishing awards [1] - **Personal Works and Awards**: She authored several books, including "The Shadow of Your Growth" and "The Sky at Twelve," winning prestigious awards like the National Excellent Children's Literature Award and the Chen Bochui International Children's Literature Award [1]

新华社突尼斯5月4日电 记者手记｜在突尼斯国际书展感受中国文化独特魅力 新华社记者黄灵 "中国是一个有着悠久文明的伟大国家，中国书法有着独特美感。我还想买一些翻译成阿文和法文的中 国小说，进一步感受中国文学作品的魅力。"带着孩子前来参观突尼斯国际书展的法蒂玛·伊萨，一边观 看中国书法教学视频一边对记者说。 第39届突尼斯国际书展于4月25日至5月4日举行。这是突尼斯的年度文化盛事。今年，中国作为书展主 宾国参展，40多家中国出版社不仅带来一万余册内容丰富、贴近当地读者需求的各类出版物，同时展出 的多彩文化周边产品也吸引了大批参观者。 在五洲出版社的书架前，一名突尼斯女孩看到一套三本的中文学习读物立即拿在手中。这名高中生告诉 记者，她在学校选修中文课，觉得这套书非常好，虽然要花费半个月的零花钱，但还是下决心购买。她 表示，今后想报考中文专业，因为中国文化对她非常有吸引力。 一名中方出版社工作人员告诉记者，中文学习类书籍和各类童书普遍受当地青少年欢迎。展现中华优秀 传统文化以及中国文明进步、科技发展、环境保护的各类图书也很走俏。一些中国文化爱好者在书展期 间还会询问关于中国武术、热门网络文学的书籍。 中信出版集团 ...