Financial Overview - The company achieved significant net profit growth in Q1 2025, with a net profit of 76.64 million yuan, an increase of 37.81% year-on-year [2] - Total operating revenue was 150 million yuan, showing a slight decline of 0.85% year-on-year [2] - The non-recurring net profit was 76.60 million yuan, reflecting a year-on-year increase of 42.46% [2] Key Financial Metrics - Gross margin stood at 56.24%, up by 8.99% year-on-year, indicating improved cost control [5] - Net margin reached 50.94%, an increase of 38.99% year-on-year, showcasing enhanced profitability [5] - The ratio of operating expenses to revenue was 5.55%, up by 3.7% year-on-year, suggesting an increase in sales, management, and financial expenses [5] - Earnings per share were 0.19 yuan, representing a year-on-year growth of 24.01% [5] Business Evaluation and Debt Servicing Ability - The company has cumulatively raised 376 million yuan since its listing and distributed dividends totaling 37.60 million yuan, resulting in a dividend-to-financing ratio of 0.1, indicating stable capital operations [4] - The return on invested capital (ROIC) was 10.47%, with a net profit margin of 42.64%, reflecting high added value in its products or services [6] - The company maintains a healthy cash position with monetary funds of 1.162 billion yuan and only 776,200 yuan in interest-bearing debt, demonstrating strong debt servicing capability [6]

Group 1 - The core viewpoint of the news is that Simai Media (002712.SZ) has disclosed its 2024 annual report, highlighting significant institutional investor holdings and changes in share ownership [1] - As of April 18, 2025, a total of 16 institutional investors hold shares in Simai Media, with a combined holding of 182 million shares, representing 33.44% of the total share capital [1] - The top ten institutional investors account for a combined holding ratio of 33.43%, which has decreased by 0.83 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 12 new public funds have been disclosed this period compared to the previous quarter, including several ETFs and mixed funds [1] - Regarding foreign investment, two new foreign institutions have disclosed holdings this period, namely MORGAN STANLEY & CO. INTERNATIONAL PLC. and UBS AG [2] - The previous quarter saw the absence of disclosures from Goldman Sachs International and BARCLAYS BANK PLC [2]

华西证券股份有限公司关于四川新闻网 传媒（集团）股份有限公司部分募投项目重新论证并 终止实施、部分募投项目调整实施地点并延期的核查意见 华西证券股份有限公司（以下简称"保荐人"）作为四川新闻网传媒（集团） 股份有限公司（以下简称"公司"）首次公开发行股票并在创业板上市的保荐人， 根据《证券发行上市保荐业务管理办法》（证监会令第 207 号）、《上市公司监 管指引第 2 号——上市公司募集资金管理和使用的监管要求（2022 年修订）》 （证监会公告〔2022〕15 号）、《深圳证券交易所创业板股票上市规则（2024 年 修订）》（深证上〔2024〕340 号）、《深圳证券交易所上市公司自律监管指引 第 2 号——创业板上市公司规范运作（2023 年 12 月修订）》（深证上〔2023〕 证上〔2022〕25 号）等规定，对公司部分募投项目重新论证并终止实施、部分募 投项目调整实施地点并延期的事项进行了核查，具体情况如下： 一、公司募集资金基本情况 （一）募集资金到位情况 经中国证券监督管理委员会《关于同意四川新闻网传媒（集团）股份有限公 司首次公开发行股票注册的批复》（证监许可〔2021〕960 号）同意注册， ...

Overview - The company, Sichuan News Media (Group) Co., Ltd., has announced a change in accounting policy in accordance with the Ministry of Finance's new regulations, which will not significantly impact its financial status, operating results, or cash flow [1][3]. Group 1: Change in Accounting Policy - The change is due to the Ministry of Finance's clarification on the classification of current and non-current liabilities, disclosure of supplier financing arrangements, and accounting treatment of sale-and-leaseback transactions [1]. - The new accounting policy will be implemented starting January 1, 2024 [2]. - Prior to this change, the company followed the basic accounting standards and specific accounting guidelines issued by the Ministry of Finance [2]. Group 2: Impact of the Change - The new accounting policy is expected to objectively and fairly reflect the company's financial status and operating results, aligning with legal regulations and the company's actual situation [3]. - The change will not harm the interests of the company or its shareholders [3].

Core Viewpoint - The internal control evaluation report of Sichuan News Media (Group) Co., Ltd. indicates that there are no significant deficiencies in both financial and non-financial reporting internal controls as of December 31, 2024, ensuring the effectiveness of internal controls in all major aspects [2][6]. Internal Control Evaluation Conclusion - The company has maintained effective financial reporting internal controls in all significant aspects according to the internal control evaluation report [2][3]. - No significant deficiencies in non-financial reporting internal controls were identified as of the evaluation report date [2][6]. - There were no factors affecting the evaluation conclusion of internal control effectiveness between the evaluation report date and the report issuance date [2][6]. Internal Control Evaluation Work Situation - The evaluation scope included Sichuan News Media (Group) Co., Ltd. and its wholly-owned and controlled subsidiaries, covering 100% of total assets and operating income in the consolidated financial statements [3][4]. - High-risk areas focused on include macroeconomic risk, market risk, human resource risk, strategic planning and execution risk, new technology application and R&D risk, contract risk, and information security and intellectual property protection risk [3][4]. Internal Control Deficiency Recognition and Rectification - The company has established specific recognition standards for internal control deficiencies, which are consistent with previous years [4][5]. - No significant deficiencies or important deficiencies in financial reporting internal controls were identified during the reporting period [5][6]. - Similarly, no significant or important deficiencies in non-financial reporting internal controls were found during the reporting period [5][6].

文/梧桐兄弟 近期，上市公司紫天科技（300280）， 因涉嫌拒绝、阻碍执法 ，收到《行政处罚决定书》， 公司董事长兼董秘宋庆、总经理李琳、财务总监LIXIANG(李想)及实 际履行公司负责人相当职务人员姚小欣均被福建证监局采取十年证券市场禁入措施。 据公告，紫天科技及宋庆等4人涉嫌违法的事实如下: 2024年4月1日，我局对紫天科技启动现场检查。 因公司披露的注册地址和办公地址均无人办公，经沟通，我局工作人员于2024年5月13日至紫天科技孙公司宁波麦 粒网络科技有限公司(以下简称"宁波麦粒")办公地点开展现场检查工作，并出具《监督检查通知书》(闽检查字2024061号)和《指定方式报送文件资料通知书》(证监 指报字0262024101号)， 要求紫天科技于2024年5月17日前向我局报送与被检查事项有关的公司2021年至2023年财务报告、财务明细账、相关会计凭证和原始凭证等 文件资料。姚小欣系公司原董事长兼宁波麦粒董事，并实际负责紫天科技日常管理，其签收了前述执法文书。 因紫天科技未按要求报送文件资料并配合相关检查工 作，我局又先后向其出具《监督检查通知书》(闽检查字2024279号)《指定方式报送文件 ...