Core Points - The company, Zhongwen Tiandi Publishing Media Group Co., Ltd., has registered to issue up to RMB 3 billion in short-term financing bonds to optimize its debt structure and reduce financing costs [1] - The company has successfully completed the issuance of the fourth and fifth phases of short-term financing bonds for the year 2025, raising a total of RMB 1 billion [2] Group 1 - The company applied for the registration of short-term financing bonds with the China Interbank Market Dealers Association, which accepted the registration amount of RMB 3 billion, valid for two years from the date of the notice [1] - The total amount raised from the fourth and fifth phases of the short-term financing bonds is RMB 1 billion, which has been credited to the company's designated account [2] Group 2 - Detailed issuance results for the fourth and fifth phases of the short-term financing bonds can be found on various financial websites, including China Money, Beijing Financial Assets Exchange, and Shanghai Clearing House [3]

2025年11月19日公司召开第六届董事会第八次会议，审议通过了《关于与关联方签订委托经营管理合同 暨控股股东申请延长解决同业竞争承诺履行期限的议案》，关联董事贺砾辉、杨壮、李晖、熊名辉、周 亦翔、王清学回避表决，4名非关联董事李桂兰、雷辉、廖圣清、易莎一致表决同意该议案。本次交易 需提交股东会审议。 格隆汇11月20日丨中南传媒(601098.SH)公布，为切实履行好避免同业竞争承诺，有效解决教育报刊集 团、教育音像社、地图社三家公司与中南传媒之间的同业竞争问题，出版集团和中南传媒一直致力于将 上述三家公司注入中南传媒。经不懈努力，对注入工作构成重大影响的问题均已妥善解决。但现三家公 司因出版行业数字化转型面临诸多挑战，数智化建设前期投入大，以及教辅政策变化的影响，未来经营 发展与转型是否成功存在不确定性。为保护上市公司和中小股东利益，出版集团提出将其2023年12月出 具的将三家公司注入中南传媒的承诺完成期限延长5年，即在2030年12月8日前履行完毕，当前继续由出 版集团、中南传媒及三家公司三方签署委托经营管理合同，采用委托经营方案，暂时性解决同业竞争问 题，待三家公司发展前景向好，再将其以合法方式、按 ...

格隆汇11月20日丨中南传媒(601098.SH)公布，为持续推进区域中心门店向标准化、信息化、新业态的 方向转型升级，进一步强化文化服务窗口的功能定位，提升核心竞争力与可持续经营能力，中南传媒全 资子公司省新华书店及其分公司、子公司拟使用募集资金4800.00万元实施本项目，核心实施内容包括 建筑内部功能分区重构、内部空间装修升级及建筑外立面改造。新项目为湖南省新华书店有限责任公司 （简称"省新华书店"）及其分公司湖南省新华书店有限责任公司湖南图书城（简称"图书城"）与省新华 书店子公司湖南阅读花园创意文化有限公司（简称"阅读花园"）实施的湖南图书城升级改造项目。 ...

Group 1 - The company, Zhongwen Media, announced the completion of the issuance of the fourth and fifth phases of ultra-short-term financing bonds for the year 2025, with a total issuance amount of RMB 1 billion [2] - The raised funds have been deposited into the company's designated account [2]

Core Viewpoint - Zhongnan Media (601098.SH) is extending the deadline for the integration of three companies to address competition issues, now set to be completed by December 8, 2030, due to challenges in the publishing industry's digital transformation and changes in educational policies [1] Group 1: Company Actions - The publishing group has proposed to extend the commitment deadline for integrating the three companies into Zhongnan Media by five years [1] - A temporary solution involving a management contract has been established to address the competition issue until the companies' prospects improve [1] - The management fees for the three companies are set at 1 million yuan per year for the Education Publishing Group and 100,000 yuan per year for both the Education Audio-Visual Company and the Map Company [1] Group 2: Board Decisions - The sixth board meeting approved the proposal to sign management contracts with related parties and extend the deadline for resolving competition commitments [2] - Several related directors recused themselves from the vote, while four non-related directors unanimously agreed to the proposal [2] - The transaction will require approval from the shareholders' meeting [2]

Core Viewpoint - Zhongnan Media (601098.SH) is advancing the transformation and upgrade of its regional center stores towards standardization, informatization, and new business models to enhance its cultural service capabilities and core competitiveness [1] Group 1: Project Details - The company plans to utilize 48 million yuan of raised funds for the project [1] - Key implementation aspects include restructuring internal functional areas, upgrading internal space decoration, and renovating the building's facade [1]

中南传媒公告，全资子公司省新华书店及其分公司、子公司拟使用募集资金4800万元实施湖南图书城升 级改造项目。项目计划建设周期20个月，预计运行到第四年开始产生收益。项目总计划投资4800万元， 核心实施内容包括建筑内部功能分区重构、内部空间装修升级及建筑外立面改造。项目完成后，预计未 来十年为省新华书店带来累计收入2.7亿元、累计净利润868.17万元，投资回收期为9年。 ...

证券之星消息，11月20日出版板块较上一交易日下跌0.86%，中文在线领跌。当日上证指数报收于 3931.05，下跌0.4%。深证成指报收于12980.82，下跌0.76%。出版板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300654 | 世纪天鸿 | 10.80 | 3.75% | 32.46万 | 3.51亿 | | 000793 | ST华闻 | 2.98 | 0.68% | 21.71万 | 6431.12万 | | 600229 | 城市传媒 | 6.99 | 0.58% | 5.18万 | 3627.62万 | | 301025 | 读客文化 | 9.98 | 0.40% | ﻛ 6.05万 | 6040.72万 | | 600757 | 长江传媒 | 8.80 | 0.23% | 9.60万 | 8456.40万 | | 601928 | 凤凰传媒 | 10.16 | 0.20% | 10.32万 | 1.05亿 | | 603096 | 新经典 | 18 ...

Core Points - The 2025 China Literature Festival and Hunan Literature Week, along with the Fourth Yue Lu Book Fair, commenced in Changsha on November 19, 2023, with the participation of key officials from the Chinese Writers Association and Hunan provincial government [1][2] - The theme of this year's Yue Lu Book Fair is "Reading in the New Era, Building Dreams for a New Journey," featuring a series of events aimed at promoting literature and reading culture [2] - The event will include over 100 authors, 100 activities, 100 types of scenes, 100 publishers, 30,000 books, and 5 million discounts, creating a cultural feast [2] Event Details - The main venue is located at the Hunan International Convention Center (Mango Pavilion), with sub-venues across various cultural reading spaces in Changsha and other cities [2] - Five major themed exhibitions will be held at the main venue, including the "Light of Truth" exhibition showcasing the Party's innovative theoretical publications and various children's literature displays [2] - Key activities during the literature week include the release of the second China Online Literature Brand List, a children's reading carnival, and thematic discussions on youth reading [2][3] Historical Context - Since its inception in 2022, the Yue Lu Book Fair has successfully hosted over 400 events, establishing itself as a significant cultural brand for Hunan [3]

Group 1 - The core viewpoint of the news is that CITIC Publishing has experienced a decline in stock price and trading activity, with a current market capitalization of 5.594 billion yuan and a year-to-date stock price drop of 5.86% [1] - As of September 30, CITIC Publishing reported a total revenue of 1.241 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 2.90%, and a net profit attributable to shareholders of 161 million yuan, which is a 23.61% increase compared to the previous year [2] - The company’s main business segments include book publishing and distribution (72.06% of revenue), urban cultural space operations (16.97%), and digital services (10.97%) [1] Group 2 - CITIC Publishing has distributed a total of 454 million yuan in dividends since its A-share listing, with 186 million yuan distributed over the past three years [3] - As of September 30, 2025, the number of shareholders decreased by 15.01% to 13,600, while the average circulating shares per person increased by 17.66% to 13,996 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third largest with 1.1151 million shares, a decrease of 223,100 shares from the previous period [3]