Core Viewpoint - Qingdao Urban Media Co., Ltd. has decided to change the purpose of repurchased shares from "future equity incentive plan" to "cancellation and reduction of registered capital" and will cancel 10,500,216 shares, reducing the total share capital from 671,208,000 shares to 660,707,784 shares [1][2][3]. Group 1 - The decision to cancel the repurchased shares was approved during the board meeting on April 24, 2025, and the annual general meeting on May 16, 2025 [1]. - The company has complied with legal requirements regarding creditor notification and has not received any objections from creditors regarding the cancellation of shares [2]. - The cancellation of shares is based on the legal requirement that repurchased shares must be utilized within three years, and since the company did not implement an equity incentive plan during this period, it opted for cancellation to protect investor interests [2]. Group 2 - The total number of shares to be canceled is 10,500,216, which is expected to be completed by July 2, 2025 [2]. - After the cancellation, the company's total share capital will decrease to 660,707,784 shares, maintaining the same percentage distribution of share types [3][4]. - The cancellation will not affect the company's debt repayment ability, ongoing operations, future development, or control rights, and it will not harm the interests of shareholders, especially minority shareholders [5].

Core Viewpoint - The company has announced a cash dividend distribution plan for its shareholders, with a total cash dividend of 0.10 RMB per share, amounting to a total of 195,793,123.70 RMB before tax [2][5]. Distribution Plan - The cash dividend distribution is based on the total share capital of 1,957,931,237 shares prior to the implementation of the plan [2]. - The cash dividend will be distributed to shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, after the market closes on the record date [3]. Implementation Method - For unrestricted circulating shares, dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited [3]. - Shareholders who have completed designated transactions can receive cash dividends on the distribution date at their designated securities business department [3]. Taxation Details - For individual shareholders holding shares for more than one year, the cash dividend of 0.10 RMB per share is exempt from personal income tax [6]. - For shares held for one year or less, the company will not withhold personal income tax at the time of distribution, but tax will be calculated and deducted upon the transfer of shares [6]. - The actual cash dividend after tax for overseas institutional investors (QFII) will be 0.09 RMB per share after a 10% withholding tax [7][8]. Contact Information - For inquiries regarding this dividend distribution, shareholders can contact the company's board office at the provided phone numbers [9].

Core Viewpoint - The company, Zhongwen Tiandi Publishing Media Group Co., Ltd., is providing a guarantee for its wholly-owned subsidiary, Jiangxi Blue Ocean International Trade Co., Ltd., to support its business expansion and operational needs [2][3]. Summary by Sections Guarantee Overview - The total guarantee amount provided by the company for Blue Ocean International Trade is 543 million RMB, with an actual external guarantee balance of 282 million RMB [2]. - The company plans to apply for a total bank credit limit of up to 10.12 billion RMB for 2025, which includes a guarantee of up to 3.442 billion RMB for its subsidiaries [3]. Guarantee Details - The company signed a "Maximum Guarantee Contract" with China Agricultural Bank, with a guarantee amount of 117.6 million RMB [5]. - The guarantee is structured as a joint liability guarantee, covering various financial obligations including principal, interest, penalties, and legal fees [6]. Financial Status of the Subsidiary - As of December 31, 2024, Blue Ocean International Trade had total assets of 654 million RMB and total liabilities of 793 million RMB, resulting in a net asset value of -140 million RMB [6]. - The subsidiary reported a revenue of 589 million RMB and a net profit of 16 million RMB for the year 2024 [6]. Board and Shareholder Approval - The board of directors approved the guarantee proposal on November 22, 2024, and it was subsequently ratified by the shareholders on December 10, 2024 [8]. - The board believes that the guarantee is necessary for the sustainable development of the subsidiary's operations and does not pose a risk to the company's ongoing viability [8]. Cumulative Guarantee Information - As of the announcement date, the total cumulative guarantee amount provided by the company for its subsidiaries is 1.454 billion RMB, which is 8.13% of the company's audited net assets as of December 31, 2024 [8].

Group 1 - The company has approved a cash dividend distribution plan for the year 2024, which will distribute 6.0 yuan per 10 shares to all shareholders, totaling approximately 613.92 million yuan [1][2] - The dividend distribution will be based on the total share capital as of December 31, 2024, with specific tax treatments for different types of shareholders [1][2] - The record date for the dividend distribution is set for June 27, 2025, and the ex-dividend date will follow [1][2] Group 2 - The cash dividends will be directly credited to shareholders' accounts through their custodial securities companies on June 30, 2025 [2] - The company assumes all legal responsibilities for any issues arising from insufficient cash dividends due to a decrease in shareholders' securities accounts during the application period [2][3]

Core Viewpoint - The company, through its wholly-owned subsidiary, plans to invest in a private equity fund to enhance the efficiency of its capital utilization and broaden its investment portfolio [2][31]. Group 1: Investment Overview - The subsidiary, Jiangxi Zhongwen Media Blue Ocean International Investment Co., Ltd. (Blue Ocean Investment), intends to subscribe to the Nanchang Guocheng Innovation No. 1 Equity Investment Partnership (Limited Partnership) initiated by Shanghai Guocheng Venture Capital Management Co., Ltd. [2][5]. - The target fundraising scale for the fund is set at RMB 1.5 billion, with Blue Ocean Investment planning to contribute RMB 40 million, representing 2.74% of the fund's total size of RMB 1.461 billion after its subscription [2][5]. - This transaction does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [3][6]. Group 2: Fund and Management Details - The fund is a limited partnership with a lifespan of 7 years, including a 4-year investment period and a 3-year exit period [11][22]. - The general partner and fund manager is Shanghai Guocheng Venture Capital Management Co., Ltd., which has a registered capital of RMB 15 million [10][14]. - The fund has been registered with the China Securities Investment Fund Industry Association, with the registration number SACZ28 [12]. Group 3: Investment Purpose and Impact - The investment aims to improve the efficiency of the company's capital utilization and leverage the expertise and resources of the professional investment team at Guocheng Venture Capital [31]. - The decision to invest is made while ensuring that the company's main business operations remain unaffected, and it is not expected to have a significant adverse impact on the company's financial status or operational results [32].

Group 1 - The three major stock indices opened higher, with the Shanghai Composite Index rising by 0.02%, the Shenzhen Component Index by 0.14%, and the ChiNext Index by 0.34% [1] - The National Index of Free Cash Flow saw an intraday increase of over 0.3%, with leading stocks such as Lao Feng Xiang, Jin Hong Group, City Media, and Huayu Automotive driving the gains [1] - The low-fee Free Cash Flow ETF (159201) experienced a net inflow of over 230 million yuan in the last 10 trading days, indicating a significant low-position layout characteristic [1] Group 2 - According to China Merchants Securities, as the economy stabilizes, leading listed companies are experiencing stable operations, with net cash flow beginning to grow steadily and capital expenditures declining, leading to a continuous rise in free cash flow yield [1] - The A-share weighted index is expected to undergo a revaluation in the next two years, as the concentration of small-cap factor trading has reached its limit, and new quantitative regulations are about to be implemented [1] - The Free Cash Flow ETF (159201) closely tracks the National Index of Free Cash Flow, selecting stocks with positive and high free cash flow after screening for liquidity, industry, and ROE stability, making it suitable for long-term investment [1] Group 3 - The fund management fee for the Free Cash Flow ETF is set at an annual rate of 0.15%, and the custody fee at 0.05%, both of which are the lowest in the market, maximizing benefits for investors [1]

Core Viewpoint - Xinhua Wenhui, a state-owned cultural listed company, emphasizes high-quality performance growth while actively fulfilling social responsibilities [2] Group 1: Financial Performance - In 2024, the company reported revenue of 12.329 billion and a net profit of 1.545 billion, with profit levels exceeding 1.5 billion for two consecutive years [1] - Since its listing in 2016, Xinhua Wenhui has distributed dividends 12 times, totaling 4.504 billion, with a dividend payout ratio consistently above 31% in recent years [1] Group 2: Corporate Governance and Investor Relations - The company prioritizes investor rights by implementing an active cash dividend policy, enhancing the stability, sustainability, and predictability of dividends [1] - Following the implementation of the new "National Nine Articles," the company has increased the frequency and level of dividends [1] Group 3: Social Responsibility and ESG Initiatives - Xinhua Wenhui has disclosed social responsibility and ESG reports for nine consecutive years, adhering to a green development philosophy and supporting rural revitalization [2] - The company aims to align with international and domestic leading publishing media groups, focusing on high-quality development and deepening reforms [2] Group 4: Business Development Strategies - The company is transforming its physical bookstore operations by upgrading stores, integrating local culture, and developing cultural products [3] - It is optimizing a "product + activity + service" model to expand corporate cultural consumption and enhance public cultural service systems [3] - The company is enhancing its e-commerce channels and promoting online and offline integration projects [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。 重要内容提示： 本次利润分配方案经公司2025年5月12日的2024年年度股东大会审议通过。 二、分配方案 1.实施办法 无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统向股权登记日上海证券交易所收 市后登记在册并在上海证券交易所各会员办理了指定交易的股东派发。已办理指定交易的投资者可于红 利发放日在其指定的证券营业部领取现金红利，未办理指定交易的股东红利暂由中国结算上海分公司保 管，待办理指定交易后再进行派发。 1.发放年度：2024年年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分公司（以下简 称"中国结算上海分公司"）登记在册的本公司全体股东。 3.分配方案： 本次利润分配以方案实施前的公司总股本438,896,835股为基数，每股派发现金红利0.10元（含税），共 计派发现金红利43,889,683.50元（含税）。 三、相关日期 ■ 四、分配实施办法 2.自行发放对象 无 3.扣税说明 （1）对于持有公司无 ...

Meeting Details - The shareholders' meeting was held on May 23, 2025, at Hubei Publishing Culture City, Wuhan [1] - The meeting was attended by shareholders representing 59.2098% of the total shares [1] - The voting method combined on-site and online voting, presided over by the chairman Huang Guobin [1] Voting Results - All non-cumulative voting proposals were approved with a high level of agreement, with A-share votes showing 99.9494% in favor for the first proposal [2][3] - The voting results for subsequent proposals also reflected strong support, with percentages consistently above 99.9% for A-shares [2][3] - The proposal regarding the application for credit limits and guarantee matters was passed with over two-thirds of the valid voting shares [4] Legal Compliance - The meeting's procedures, qualifications of the conveners, and voting processes were confirmed to be in compliance with relevant laws and regulations [5] - The resolutions passed during the meeting were deemed legal and effective [5]

证券代码：301231 证券简称：荣信文化 公告编号：2025-046 荣信教育文化产业发展股份有限公司 关于回购股份事项前十名股东和前十名无限售条件股东 持股情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 荣信教育文化产业发展股份有限公司（以下简称"公司"）于 2025 年 5 月 14 日召开第四届董事会第七次会议，逐项审议通过了《关于回购 公司股份方案的议案》，公司拟使用自有资金及回购专项贷款资金以集中 竞价交易的方式进行股份回购，用于员工持股计划或者股权激励。具体内 容详见公司于 2025 年 5 月 15 日在巨潮资讯网（www.cninfo.com.cn）披 露的《关于回购公司股份方案暨取得金融机构股票回购专项贷款承诺函的 公告》。 根据《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》 等相关规定，现将董事会公告回购股份决议前一个交易日（即 2025 年 5 月 14 日）登记在册的前十名股东和前十名无限售条件股东的名称、持股 数量和持股比例情况公告如下： 一、公司前十名股东持股情况 | | | 占公司总股 | | --- ...