Company Overview - Hangzhou Bixuan Cultural Supplies Co., Ltd. has been established with a registered capital of 200,000 RMB [1] - The legal representative of the company is Yu Jianming [1] Business Scope - The company operates in various sectors including retail and wholesale of stationery supplies, manufacturing of stationery, and sales of paper products [1] - It also engages in the retail of sports goods and equipment, office supplies, and cultural and office equipment manufacturing [1] - Additional services include marketing planning, consulting services, project planning and public relations, and information technology consulting [1] - The company is involved in graphic design, corporate image planning, and the sale of office equipment consumables [1]

天眼查App显示，近日，进贤县文鹤轩文化用品工作室（个体工商户）成立，法定代表人为徐华荣，注 册资本1万人民币，经营范围为一般项目：文具用品批发，文具制造，文具用品零售，办公用品销售， 纸制品制造，纸制品销售，工艺美术品及礼仪用品销售（象牙及其制品除外），技术服务、技术开发、 技术咨询、技术交流、技术转让、技术推广，信息技术咨询服务，体验式拓展活动及策划，互联网销售 （除销售需要许可的商品），包装服务（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

Core Points - Nanchang Taihua Cultural Supplies Co., Ltd. has been established with a registered capital of 10,000 RMB [1] - The legal representative of the company is Li Zhenghua [1] Business Scope - The company is involved in the retail of publications, subject to approval from relevant authorities [1] - General business activities include wholesale and retail of stationery, sports equipment, office supplies, paper products, packaging materials, toys, electrical equipment, and clothing [1] - The company is permitted to conduct business activities autonomously with its business license, except for projects that require approval [1]

Core Viewpoint - Shanghai Feijia Cultural Supplies Co., Ltd. has been established with a registered capital of 100,000 RMB, indicating a new player in the cultural supplies market [1] Company Summary - The legal representative of Shanghai Feijia is Liu Haotian [1] - The company’s business scope includes the sale of arts and crafts and ceremonial supplies (excluding ivory and its products), sales agency, enterprise management consulting, consulting planning services, conference and exhibition services, marketing planning, and ceremonial services [1] - The company is authorized to conduct business activities independently based on its business license, except for projects that require approval by law [1]

Group 1 - The establishment of Nanchang Jianwushe Cultural Supplies Co., Ltd. has been registered with a legal representative named Fan Yin [1] - The registered capital of the company is 10,000 RMB [1] - The business scope includes wholesale and retail of stationery, office supplies, daily necessities, toys, plastic products, paper products, and electronic products, among others [1] Group 2 - The company is permitted to operate internet sales, excluding items that require special licenses [1] - The company also engages in the retail of arts and crafts, sports equipment, and collectibles, excluding ivory and its products [1]

Group 1 - The establishment of Jinxian County Wengang Dinghui Cultural Supplies Store, a sole proprietorship, has been registered with a legal representative named Wu Jieyi [1] - The registered capital of the company is 60,000 RMB [1] - The business scope includes wholesale and retail of stationery, manufacturing of stationery, sales of office supplies, sales of paper products, and internet sales (excluding items requiring permits) [1] Group 2 - The company is also involved in the sales and manufacturing of plastic products and arts and crafts items (excluding ivory and its products) [1] - The business operations are conducted independently based on the business license, without the need for additional approvals for non-restricted projects [1]

Core Viewpoint - Guangbo Co., Ltd. has shown a mixed performance in stock price and financial metrics, with a slight increase in stock price year-to-date but a decline over the past 60 days, indicating potential volatility in investor sentiment [1][2]. Stock Performance - As of November 24, Guangbo's stock price increased by 2.49% to 9.88 CNY per share, with a total market capitalization of 5.279 billion CNY [1]. - Year-to-date, Guangbo's stock price has risen by 4.55%, with a 1.86% increase over the last five trading days and a 5.67% increase over the last 20 days, while it has decreased by 8.43% over the last 60 days [2]. Financial Metrics - For the period from January to September 2025, Guangbo reported a revenue of 1.839 billion CNY, reflecting a year-on-year growth of 4.59%, and a net profit attributable to shareholders of 125 million CNY, which is an 18.87% increase [3]. - The company has cumulatively distributed 309 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4]. Shareholder Information - As of September 30, 2025, Guangbo had 55,400 shareholders, a decrease of 9.36% from the previous period, with an average of 6,862 circulating shares per shareholder, which is an increase of 10.32% [3]. - Among the top ten circulating shareholders, a new shareholder, Shenwan Lixin Consumption Growth Mixed A, holds 1.6914 million shares, while Huashang Advantage Industry Mixed A has exited the top ten list [4]. Business Overview - Guangbo, established on October 30, 1996, and listed on January 10, 2007, operates in the production and sales of office stationery, printing products, plastic products, and internet advertising services, among others [2]. - The company's revenue composition includes 52.94% from direct office sales, 26.14% from office supplies, 12.64% from leisure products, 5.44% from creative products, and 1.99% from other products [2].

Core Viewpoint - Chengdu Luqi Cultural Supplies Co., Ltd. has been established with a registered capital of 100,000 RMB, indicating a new player in the cultural and office supplies market [1] Company Overview - The legal representative of the company is Yang Kun [1] - The registered capital is 100,000 RMB [1] Business Scope - The company engages in a variety of activities including: - Sales of office supplies - Organization of cultural and artistic exchange activities - Conference and exhibition services - Graphic design and production - Sales of toys - Cultural and entertainment agent services - Supply chain management services - Domestic trade agency - Sales of arts and crafts, excluding ivory and its products - Sales of electronic products - Wholesale of stationery supplies - Retail of arts and crafts and collectibles, excluding ivory and its products - Internet sales (excluding items requiring permits) - Advertising design and agency - Sales of daily necessities - Retail of clothing and accessories - Retail of stationery supplies - Sales of plastic products - Information consulting services (excluding licensed information consulting services) - Business management - Sales of maternal and infant products - Office services - Video and photography production services - Retail of hats and shoes - Sales of personal hygiene products - Sales of daily miscellaneous items - Marketing planning - Graphic design [1]

Core Insights - A new individual business named Jinxian County Wengang Jiacheng Cultural Supplies has been established, with a registered capital of 50,000 RMB [1] - The legal representative of the business is Han Xiaoping [1] - The business scope includes wholesale and retail of stationery supplies, sales of office supplies, paper products, arts and crafts, plastic products, metal products, and internet sales, excluding items that require special licenses [1]

Core Insights - A new individual business named Jinxian County Wengang Jiaming Cultural Supplies has been established, with a registered capital of 50,000 RMB [1] Company Overview - The legal representative of the company is Han Jiaming [1] - The business scope includes wholesale and retail of stationery supplies, sales of office supplies, paper products, daily miscellaneous goods, metal products, plastic products, and retail of arts and crafts and collectibles (excluding ivory and its products) [1] - The company is also engaged in internet sales, excluding items that require special permits [1]