Group 1 - The company approved the use of its own funds amounting to 500 million yuan to purchase entrusted wealth management products, with an investment period not exceeding 36 months [2] - The company invested 200 million yuan in three FOF asset management plans, aiming for stable returns while managing risks [2] - The "Zhongtai Xinhua Jiatai Stable Allocation FOF Wanzheng No. 1" asset management plan was terminated early due to insufficient number of investors, leading to a liquidation process [3] Group 2 - The company plans to reinvest the proceeds from the terminated asset management plan into the other two FOF plans to optimize its investment structure [3] - The total amount recovered from the entrusted wealth management products upon maturity in July 2025 is approximately 556.88 million yuan, including principal and accumulated returns [3]

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。 一、本次购买委托理财产品概况 届董事会第八次（临时）会议及第四届监事会第八次（临时）会议，审议通过了 《公司关于使用自有资金购买委托理财产品的议案》，同意公司使用自有资金 5 亿元购买集合资产管理计划，投资期限为相关资产管理计划成立之日起不超过 具体内容详见公司在上海证券交易所网站（www.sse.com.cn）上披露的《安徽新 华传媒股份有限公司委托理财公告》（公告编号：临 2022-018）。 皖新 1 号集合资产管理计划"20,000 万元、 "银河金汇新华嘉瀚稳健配置 FOF 皖 新 1 号集合资产管理计划"18,000 万元、 证券代码：601801 证券简称：皖新传媒 公告编号：临 2025-026 安徽新华传媒股份有限公司 关于委托理财到期赎回的公告 风险前提下获得相对稳健的收益，实现公司资金的保值增值。 划"管理人中泰证券（上海）资产管理有限公司发布了《中泰新华嘉泰稳健配置 FOF 皖新 1 号集合资产管理计划提前终止的提示性公告》。根据该公告，因该集 合资产管理 ...

Group 1 - The company acquired 100% of Zhimi Star Communication in 2015, which has seen a significant revenue decline of 60.45% to 1.236 billion yuan in the reporting period, and has never recognized goodwill impairment [1] - The company acquired 58% of Langzhi Media, which reported net profits of 68.4012 million yuan and 64.0719 million yuan for 2022 and 2023 respectively, with a projected non-recurring net profit of 89.0893 million yuan for 2024, representing a year-on-year growth of 39.05% [1] - The performance commitment for Langzhi Media was fulfilled with a completion rate of 101.18%, as the promised non-recurring net profit was not less than 88.05 million yuan [1] Group 2 - The company was requested to disclose the names and relationships of the top five customers and suppliers of Langzhi Media over the past three years, along with sales and procurement details [2] - Langzhi Media's sales, procurement, and settlement policies are consistent with comparable companies in the industry, with a sales settlement policy of 45-90 days post-invoice [3] - The company must provide quarterly financial data for Langzhi Media and compare it with industry peers to assess any significant performance discrepancies [3] Group 3 - Langzhi Media's main clients are well-known companies in the automotive sector, which typically have strict procurement processes, leading to seasonal revenue patterns [3] - The company has implemented effective control over Langzhi Media through governance arrangements, with a board composed of non-independent directors, ensuring majority voting power [6][7] - The company has strengthened financial and operational management over Langzhi Media, requiring approval for significant operational decisions [8][9] Group 4 - The company has conducted goodwill impairment tests for Zhimi Star Communication, with the recoverable amount exceeding the carrying value of the asset group, indicating no impairment [11][25] - The goodwill impairment testing process involved careful selection of key parameters and a comparison of actual performance against forecasts, confirming the prudence of the assumptions used [20][21] - The company has maintained stable operations for Zhimi Star Communication, with no indications of goodwill impairment based on the tests conducted from 2021 to 2024 [21][25]

Group 1 - The announcement states that Liu Wenguang, the vice chairman of Qingdao Urban Media Co., Ltd., has submitted his resignation due to a job transfer [1][2]. - Liu Wenguang's resignation will not affect the minimum number of board members required by law, ensuring the normal operation of the board [2]. - The company expresses gratitude for Liu Wenguang's contributions during his tenure and confirms that he did not hold any shares in the company [2]. Group 2 - The company will complete the election of a new board member in accordance with its articles of association [2]. - Liu Wenguang's resignation is effective immediately upon delivery to the board [2]. - The board acknowledges Liu Wenguang's diligence and commitment during his time as vice chairman [2].

Core Viewpoint - The company has approved a share repurchase plan to utilize its own funds and special loan funds for employee stock ownership plans or equity incentives, with a total repurchase amount between RMB 20 million and RMB 22 million [1][2]. Group 1: Share Repurchase Plan - The company will repurchase shares through centralized bidding, with a maximum repurchase price of RMB 37.00 per share and a repurchase period of 12 months from the board's approval date [1]. - The initial repurchase involved 99,000 shares, accounting for 0.12% of the company's total share capital, with the highest transaction price at RMB 22.67 per share and the lowest at RMB 22.46 per share, totaling a payment of RMB 2.24 million [1][2]. Group 2: Compliance and Future Actions - The company has confirmed that the share repurchase complies with relevant regulations and has not occurred during restricted periods [2]. - The company plans to continue the repurchase based on market conditions and will fulfill its information disclosure obligations as required [2].

城市传媒（600229）公告，预计2025年半年度实现归属于母公司所有者的净利润3800万元到4600万元， 与上年同期1.57亿元相比，将减少1.11亿元到1.19亿元，同比下降70.71%到75.80%。预计2025年半年度 实现归属于母公司所有者的扣除非经常性损益的净利润5311.53万元到6111.53万元，与上年同期1.27亿 元相比，将减少6603.91万元到7403.91万元，同比下降51.94%到58.23%。 ...

天舟文化（300148）公告，预计2025年上半年净利润为4500万元-5500万元，比上年同期的1907.23万元 增长135.94%-188.38%。 ...

Group 1 - The event "I am a shareholder" organized by Guohai Securities provided insights into the operational dynamics and innovative practices of Zhongnan Publishing and Media Group [1] - Hunan Fine Arts Publishing House is transitioning from a "fine arts publisher" to a "comprehensive fine arts service provider," focusing on digital transformation since 2011 [2] - The company is developing the China Malanshan Digital Cultural and Art Future Center, emphasizing the digital transformation of Hunan culture [2] Group 2 - Zhongnan Publishing, established in 2008 and listed in 2010, is the first fully integrated publicly listed publishing media leader in China, with 30 subsidiaries covering various media sectors [3] - The company has been recognized as one of the top 30 cultural enterprises in China for 17 consecutive years and has received multiple awards for its contributions to cultural reform and publishing [4] - Hunan Fine Arts Publishing House has a significant presence in the fine arts education publishing sector, serving nearly 50 million primary and secondary school students across 26 provinces [2][4] Group 3 - The event allowed investors to gain a deeper understanding of Zhongnan Publishing's development strategy and innovative achievements, reinforcing confidence in the company's future [5] - The integration of traditional publishing with technology is seen as a key factor in driving high-quality development in the cultural industry [5]

Group 1 - The company, Jiangsu Phoenix Publishing and Media Co., Ltd., has announced the cancellation of its fundraising special accounts due to the completion of all fundraising projects and their readiness for use [1][2] - The total amount raised during the initial public offering (IPO) was RMB 4,479,200,000, with a net amount of RMB 4,318,450,704 after deducting issuance costs [1] - The company has strictly adhered to the regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding the management of the raised funds [1] Group 2 - The company has completed the cancellation procedures for the fundraising special accounts with various banks, including Beijing Bank, Industrial and Commercial Bank of China, China Minsheng Bank, and Industrial Bank [2] - The corresponding tripartite supervision agreements for the canceled fundraising special accounts have also been terminated [2]

Core Insights - The seminar titled "The Legendary Secretary of the Board" focused on modern corporate governance, the redefined value of board secretaries, and new opportunities in mergers and acquisitions as the Chinese capital market surpasses a total market value of one hundred trillion [1][3] Group 1: Key Themes from the Seminar - The concept of a "legendary board secretary" was emphasized, highlighting their role as chief governance officers who not only ensure compliance but also lead innovative practices in the capital market [3] - The importance of inheritance in corporate governance was discussed, with a focus on integrating value concepts into generational driving forces [3] - The seminar featured discussions on the "Four High Paths" strategy by Phoenix Publishing and Media Group, aimed at fostering a new development pattern through comprehensive external cooperation [3] Group 2: Insights on Corporate Governance - The core of corporate governance was explored through the lens of a modern enterprise system with Chinese characteristics, emphasizing the need for independent governance and limited shareholder responsibilities [5] - Practical experiences were shared regarding the role of an "active and progressive board," including the importance of external directors and thorough proposal evaluations [5] - The three-tiered approach to governance modernization was highlighted, showcasing the evolution from foundational systems to board innovation [5] Group 3: Cultural and Technological Transformations - The impact of AI technology, IP development, and cultural globalization on the publishing industry was discussed, showcasing how these elements contribute to new narratives in the sector [7] - Successful case studies, such as the global IP operations of companies like Pop Mart, were presented to illustrate the commercial value of innovation in cultural enterprises [7] - The surge in international expansion of online literature and short dramas was noted as evidence of China's cultural transmission potential in a technology-driven era [7] Group 4: Mergers and Acquisitions Insights - A roundtable forum addressed the new opportunities in mergers and acquisitions, with insights from experienced board secretaries on the importance of cultural integration and strategic upgrades [9] - Key principles for successful mergers were outlined, including the assessment of management capabilities and the integration of external resources [9] - The consensus reached during the seminar emphasized the importance of respecting rules, adhering to responsibilities, and valuing professionalism in corporate governance [9]