Core Points - The event "Book Fragrance Transmits Love, Action Warms the World" was held by Eastern Airlines Shandong Branch to celebrate the 30th "World Reading Day" [1][3] - The initiative aims to fulfill the social responsibility of state-owned enterprises and provide warmth and blessings to the elderly and disabled communities [1][3] Group 1 - The event featured a theme speech by Eastern Airlines pilot Yang Zihao, highlighting the "Love in Eastern Airlines" volunteer service brand and its activities over the past decade [1] - Performances included a sign language dance by flight attendants and various musical acts by local artists, showcasing themes of equality and self-reliance [1] - Eastern Airlines Shandong Branch and Jinan Publishing Co. donated books, reading devices for the blind, and canes to the Jinan Disabled Persons Welfare Foundation, which recognized them as "Outstanding Units for Assisting the Disabled" [3] Group 2 - The event ensured accessibility with a dedicated volunteer team to assist disabled guests [3] - Eastern Airlines Shandong Branch plans to continue its "Love in Eastern Airlines" series of public welfare volunteer activities, reinforcing its commitment to social responsibility [3]

世界读书日 WORLD BOOK & COPYRIGHT DAY 作为社会的中坚力量，职场人镶嵌于时代发展的引擎之上，是永恒的生产力与创造力。 职场人的 阅读与思考，凝聚为个体与集体进步的蓝图。 身为职场人， 一年要读多少本书才能达标？ 作为企业家， 书本中藏有哪些新商业赛道？ DeepSeek时代， 如何找准自己的阅读风向标？ 信息洪流注定影响决策，当我们需要知识与智慧时，至少还有书籍——它们最值得信赖。 也总有一些职场人选择 通过阅读，捍卫思考的主权，持续优化自己的认知，积小胜为大胜，让自 己有所作为。 在第30届4·23[世界读书日]到来之际，以中国出版传媒商报为行业指导，由知名 出版品牌湛庐文化倡导并联合国内数十家伙伴平台，共同发起了[第7届全国职 场人阅读调查]。 通过10000+份调查问卷的分析，我们特此发布 《2025职场人阅读报告》 。 从 阅读视角，深入了解职场人的知识现状与精神需求，探究终身学习的可能。 " 阅读报告 在第30届4·23[世界读书日]到来之际,由知名 出版品牌湛庐文化倡议,中国出版传媒商报为 行业指导,联合新华网、36氪、钛空时间、腾讯 研究院、苇草智酷、新智派、微信读书、 ...

现场，2025年度"自贸港全民阅读形象大使"康辉、樊登，以视频形式分享阅读体会，还进行了全民阅读 倡议、情景诵读表演、阅读分享、图书捐赠等活动。 4月23日是第30个世界读书日，第十七届海南书香节启动仪式暨国际数字出版产业创新联盟揭牌仪式在 澄迈举行。海南省委常委、宣传部部长王斌出席启动仪式并为国际数字出版产业创新联盟揭牌。 本届书香节以"培育读书风尚建设文化自贸港"为主题，采取线上线下（300959）相结合、海南各市县共 联动的形式，依托海南省新华书店、公共图书馆、中小学校、党建书屋、职工书屋、农家书屋以及城乡 社区、环岛高铁列车车厢等阅读空间，开展主题阅读、文化惠民、系列荐书、主题书展、阅读推广、市 县书香系列活动等六大板块多项文化活动，活动贯穿全年。 当日，国际数字出版产业创新联盟正式揭牌。该联盟由中国新闻出版传媒集团有限公司、海南省出版发 行集团有限公司、海南生态软件园、海南省作家协会、海南联合股权投资基金管理有限公司、海南国际 知识产权交易所等单位联合发起，首批40余家科研机构、高校、数字企业入盟。 王斌表示，联盟的成立，对于海南"向数图强"战略与文化强省建设目标，推动海南自贸港特色数字出版 产业补 ...

Investment Rating - The report maintains a positive investment rating for the media and internet industry, specifically recommending leading companies in various segments such as Shenzhou Taiyue, Southern Media, and Tencent Holdings [1][3]. Core Insights - The media industry has shown resilience with a 1.73% increase in the past week, ranking 7th among all sectors. Year-to-date, the media sector has increased by 0.16% [7][10]. - The report highlights the strong performance of the film industry, particularly due to the success of "Nezha 2," which is expected to drive growth in the cinema sector. Hengdian Film's Q1 report exceeded market expectations, with a 50.76% increase in box office revenue [7][17]. - The gaming sector is also viewed positively, benefiting from valuation, performance growth, and policy support, particularly in relation to AI development [7][8]. Summary by Sections Market Performance Review - The media sector index rose by 1.73% from April 14 to April 20, outperforming the CSI 300 index, which increased by 0.59% [10]. - Individual stock performance showed significant gains for companies like Ciwen Media (14.58%) and Huawen Group (13.18%), while companies like Beijing Culture saw declines of up to 9.48% [12][13]. Film Industry Data - The top films for the week included "Xiangyang·Hua" and "Nezha: The Devil's Child," with weekly box office revenues of 47.21 million and 41.01 million respectively [18]. - The overall box office for the Chinese film market reached 24.39 billion, reflecting a 49.10% year-on-year increase [7][17]. Television and Streaming Insights - The top-rated TV dramas included "Chengjia" on Hunan TV with a rating of 2.331% and "Zhangxin" on Zhejiang TV with a rating of 2.095% [21][22]. - Online dramas such as "My Second Half" and "Manhao's Life" led in streaming indices, indicating strong viewer engagement [23][24]. Gaming Sector Highlights - Tencent's "Honor of Kings" topped the iOS sales chart, with six of its games in the top ten [30]. - The gaming industry continues to thrive, with significant contributions from mobile gaming and emerging titles [30][32]. Publishing Sector Overview - The report notes that the publishing industry remains stable, with companies like Zhongyuan Media increasing dividends and reporting high growth in Q1 [7][8]. - Best-selling books in March included "Nezha: The Three Realms" and "To Live (2021 Edition)," indicating strong consumer interest in both fiction and non-fiction categories [33][34].

Core Viewpoint - The company reported stable revenue growth in 2024 and a significant increase in net profit for Q1 2025, alongside a substantial dividend increase, indicating a positive outlook for future performance [1][2][3]. Financial Performance - In 2024, the company achieved revenue of 9.86 billion, a year-over-year increase of 0.2%, with a net profit attributable to shareholders of 1.03 billion, down 25.8% year-over-year. The non-GAAP net profit was 1.25 billion, up 12.1% year-over-year [1][3]. - For Q1 2025, the company reported revenue of 1.92 billion, a year-over-year increase of 1%, and a net profit attributable to shareholders of 0.11 billion, a significant increase of 234.6% year-over-year [1][3]. Dividend Policy - The company plans to increase its dividend for 2024 to 0.6 per share, up by 0.18 from the previous year, resulting in a total dividend payout of 0.61 billion, with a payout ratio of 59.6%, reflecting an increase of nearly 30 percentage points year-over-year. The calculated dividend yield is 4.8% based on the closing price on April 22 [2]. Operational Insights - The growth in non-GAAP net profit in 2024 was driven by an increase in gross margin from the publishing business, which improved overall gross margin by 0.8 percentage points, and a reduction in various impairment losses year-over-year [3]. - The company ended Q1 2025 with cash and cash equivalents totaling 8.55 billion, indicating a strong liquidity position [4]. Strategic Developments - The company is optimizing its educational service ecosystem, with a solid foundation in textbook and supplementary materials, and has surpassed 1.85 million users on its digital textbook service platform. It has also developed new models for after-school research [5]. - The company is making strides in integrated publishing, with its "Huaxia Handmade" digital platform selected for a national development project, showcasing its commitment to digital innovation [5]. Earnings Forecast - The company is projected to achieve revenues of 10.14 billion, 10.31 billion, and 10.46 billion for 2025, 2026, and 2027, respectively, with net profits attributable to shareholders of 1.35 billion, 1.42 billion, and 1.50 billion for the same years. The corresponding price-to-earnings ratios are expected to be 9.5, 9.0, and 8.5 times [5].

Core Viewpoint - The company reported a stable operational performance in 2024, with a slight decline in revenue and a significant drop in net profit, while maintaining a consistent dividend policy and cash reserves [1][2][3]. Financial Performance - In 2024, the company achieved revenue of 13.6 billion, a year-over-year decrease of 0.3%, and a net profit attributable to shareholders of 1.6 billion, down 45.9% year-over-year [1][3]. - The quarterly revenue breakdown for 2024 was 3.34 billion, 3.89 billion, 2.32 billion, and 4.05 billion, with year-over-year changes of +3.3%, -1.3%, -6%, and +1.3% respectively [3]. Dividend Policy - The company has maintained a stable dividend for four consecutive years, with a dividend yield of 4.2% and a payout of 0.5 yuan per share for 2024, resulting in a dividend rate of 80% [2]. Cash Reserves - As of the end of 2024, the company had cash reserves totaling 18.72 billion, indicating a strong liquidity position [2]. Business Segments - The educational publishing segment showed robust growth, with total revenue of 10.3 billion from educational materials, a year-over-year increase of 13.2%, driven by a shift in revenue recognition from procurement to rental models [3]. - General book publishing and distribution revenue totaled 4 billion, down 9.5% year-over-year, with a market share of 2.8%, ranking fourth [3]. Strategic Initiatives - The company is focusing on transforming its knowledge and cultural services, with initiatives such as the launch of intelligent teaching design and testing features, resulting in a revenue of 510 million, up 13.88% year-over-year [4]. - The company’s research and study services reached nearly 100,000 participants, generating revenue of 24.82 million [4]. Future Outlook - The company is projected to achieve revenues of 13.7 billion, 13.81 billion, and 13.92 billion from 2025 to 2027, with net profits of 2.22 billion, 2.25 billion, and 2.31 billion respectively, maintaining a "buy" rating [4].

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.7824 | 0.9846 | -20.54 | 0.8453 | | 每股净资产（元） | 12.42 | 12.3 | 0.98 | 12.13 | | 每股公积金(元) | 4.85 | 5.98 | -18.9 | 6.03 | | 每股未分配利润(元) | 6.08 | 5.85 | 3.93 | 5.64 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 8.21 | 9.01 | -8.88 | 9.38 | | 净利润(亿元) | 1.27 | 1.6 | -20.63 | 1.37 | | 净资产收益率(%) | 6.53 | 8.06 | -18.98 | 7.04 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 10366.1万股，累计占流通股比： 67.21%，较上 ...

Core Viewpoint - The article highlights the 15-year journey of the Reader magazine's Taiwan edition, emphasizing its role in cultural exchange and its deep connection with readers across different age groups in Taiwan [1][2][3]. Group 1: Publication History - The Reader magazine was approved for public distribution in Taiwan in August 2010, becoming the first officially recognized mainland publication on the island [1]. - The magazine officially launched in Taiwan on January 1, 2011, and was well-received, marking a new chapter in cross-strait publishing [1][2]. - The magazine transitioned from a bi-monthly to a monthly publication and was adapted into traditional Chinese to cater to local readers [2]. Group 2: Reader Engagement - The Reader magazine has a diverse readership ranging from teenagers to nonagenarians, with significant subscriptions from educational institutions and libraries, accounting for about 30% of total circulation [2][3]. - Personal stories from readers illustrate the magazine's impact, such as a daughter who canceled her mother's subscription after her passing, highlighting the magazine's role in the reader's life [2][3]. - The magazine serves as a companion for elderly readers and a resource for students, with teachers using it to enhance writing and critical thinking skills [3]. Group 3: Cultural Exchange - The Reader magazine has facilitated cultural exchange between Taiwan and mainland China, helping Taiwanese readers gain a better understanding of mainland culture and history [3]. - The magazine has featured works from well-known Taiwanese authors, increasing its appeal to both Taiwanese and mainland readers [3]. Group 4: Community and Feedback - An online book club for the Reader magazine has attracted 18,000 members, fostering community discussions and emotional support among readers [4]. - Taiwanese writer Jian Mei praised the magazine for its enduring quality and its ability to resonate with readers over time [4].

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南都记者获悉，为探索智能时代人与技术的和谐共处之道，三联书店于2025年4月20日至27日举办第七 季"三联·新知大会"，以"算法的尺度：智能时代的共生法则"为主题，带领公众深入理解算法背后的本质 及其对社会的多维影响。 首场活动"未来契约：AI时代的法律刻度"4月20日下午在三联韬奋书店举行。在算法决策的时代，法律 如何定义边界？当人机交互变得日益复杂，责任归属该如何界定？从自动驾驶归责到AIGC内容风险， 从个人隐私保护到算法公正透明，我们必须面对技术革命带来的法律困境。 中国社科院文化法制研究中心周辉研究员、北大法学院戴昕副教授、清华大学公共管理学院陈天昊副教 授和对外经济贸易大学法学院张欣教授等法学专家将深入探讨AI时代的法治问题，深入剖析如何构建 一个既能促进创新又能守护人类核心价值的法律框架。 对外经济贸易大学法学院张欣教授谈及算法的透明和隐私建构。张欣指出，为什么我们不怕人类的决 策，大多数时候我们相信医生、律师、法官的决定，但面对算法做出的决策会觉得比较恐惧、焦虑？ 活动现场。 据相关报告显示，全球已有不少国家和地区发布了AI伦理准则或监管框架。在技术快速发展的背景 下，建构合理法律边界既要防 ...