皇氏集团（002329.SZ）正在面临着上市以来最严峻的考验。 上市后，皇氏乳业仍聚焦主业深耕，公司主营业务收入基本来自乳制品板块，水牛奶系列产品成为核心营收来源。公司凭借先发优势、技术积累与区域渠 道基础，已在水牛奶细分赛道建立起较强的品牌壁垒，业绩保持稳健增长。 2012年起，公司开始涉足广告传媒，对外投资设立控股子公司，迈入影视传媒领域。2014年，皇氏乳业更名为皇氏集团，从名称变更不难看出其想要跳出 乳制品行业、向综合性企业转型的野心。 2014年左右，皇氏集团先后涉足影视、互联网、人工智能、信息工程、光伏等多个领域。 作为"水牛奶第一股"，皇氏集团2024年交出了一份亏损超6亿元的成绩单。2025年前三季度，皇氏集团业绩持续下滑，营业收入同比下降12.97%至13.14亿 元，归母净利润同比下降236.02%至-4924.47万元。 这家总部位于广西南宁、成立于2001年的企业，从专注水牛奶的区域乳企，到2010年登陆A股开启资本化之路，再到2014年更名后大举跨界，其十年间的 战略摇摆与业绩起伏，成为中国乳企多元化探索中极具警示意义的样本。 兴于水牛奶，败于盲目跨界扩张 伴随着乳制品行业集中度持续 ...

新京报贝壳财经讯2月3日，横店影视（603103）公告，公司股票于2026年2月2日、2月3日连续2个交易 日内日收盘价格涨幅偏离值累计超过20%，公司股票已连续4个交易日(2026年1月29日、1月30日、2月2 日、2月3日)内日收盘价格涨停，股价剔除大盘和板块整体因素后的实际涨幅较大。公司主营业务为影 视投资、制作、发行、电影放映及相关衍生业务，经自查，公司目前经营活动正常，市场环境、行业政 策未发生重大调整，内部生产经营秩序正常。 ...

公司主营业务为影视投资、制作、发行、电影放映及相关衍生业务，目前经营活动正常，市场环境、行 业政策未发生重大调整，内部生产经营秩序正常。 格隆汇2月3日丨横店影视(603103.SH)公布，公司股票已连续4个交易日（2026年1月29日、1月30日、2 月2日、2月3日）内日收盘价格涨停，股价剔除大盘和板块整体因素后的实际涨幅较大。存在公司股票 短期上涨过快可能出现的下跌风险。经公司自查并向控股股东及实际控制人核实，截至本公告披露日， 确认不存在应披露而未披露的重大信息。 ...

Core Viewpoint - The stock of Hengdian Film and Television has experienced significant price increases, with a cumulative rise of over 20% in two consecutive trading days, indicating strong market performance despite no major changes in the operating environment or industry policies [1] Group 1: Stock Performance - The company's stock price has hit the daily limit up for four consecutive trading days from January 29 to February 3, 2026 [1] - The actual price increase of the stock, after excluding the overall market and sector factors, is substantial [1] Group 2: Business Operations - The company has confirmed that its business operations are normal and there have been no significant adjustments in the market environment or industry policies [1] - Internal production and operational order within the company remains stable [1]

Group 1 - The A-share market experienced overall low-level fluctuations on February 3, with most major indices and sectors rising, but individual stock performance showed divergence [2][3] - The stock of Cambrian Technology (寒武纪-U) saw a sudden drop, with a decline exceeding 14% at one point during the trading session, closing down 12.88% at 1082.09 yuan per share, resulting in a total market capitalization of 456.3 billion yuan [10][11] - The market saw over 4,400 stocks in the green, with the major indices fluctuating throughout the morning session, ultimately closing with the Shanghai Composite Index up 0.38%, the Shenzhen Component Index up 0.93%, and the ChiNext Index up 0.76% [3][4] Group 2 - The defense and military industry sector led the gains, with an intraday increase of over 3%, while sectors such as banking and oil & gas saw declines [10] - Cambrian Technology's significant drop in stock price was notable amidst a broader market context where many stocks were still experiencing gains [10][11] - The new stock, Shimon Holdings (世盟股份), listed today and saw its price rise by as much as 150% during the session, focusing on providing integrated supply chain logistics solutions for multinational manufacturing enterprises [18]

A股三大指数早盘集体下跌，截至午盘，沪指跌1.32%，深成指跌1.41%，创业板指跌1.18%，北证50指数跌1.12%，沪深京 三市半日成交额16569亿元，较上日缩量2945亿元。全市场3500只个股下跌。 板块题材上，电网设备、白酒、影视院线、光伏设备、银行、培育钻石、教育、可控核聚变板块涨幅居前；贵金属、油气 开采及服务、煤炭开采加工、化工、种植业、小金属板块跌幅居前，盘面上，受国际金价、银价上周五史诗级暴跌影响，黄 金、有色金属板块集体重挫，四川黄金、中金黄金等10余股跌停。化工、石油天然气等资源周期股同样大幅回调，中曼石油、 准油股份、鲁西化工等股跌停。半导体板块同样表现不佳，华虹公司、普冉股份领跌。此外，农业、煤炭、钢铁等板块集体下 跌。另一方面，政策扶持叠加算力需求带动，电网设备板块逆势走强，保变电气、三变科技、顺钠股份等十余只个股涨停。影 视传媒、AI应用方向表现积极，遥望科技、浙文互联涨停。CPO龙头新易盛盘中一度涨超12%创出历史新高，公司业绩预告超 出市场预期。 ...

Core Insights - The establishment of the Micro-Short Drama Industry College at South China Agricultural University, Zhujiang College, marks a significant milestone in the integration of education and industry in the Greater Bay Area [1][2] - The college aims to create a complete ecological chain for the micro-short drama industry by leveraging various platforms and resources [1] - The college will focus on innovative talent cultivation, technology empowerment, and building an open ecosystem to support the regional micro-short drama industry [2] Group 1 - The Micro-Short Drama Industry College is the first of its kind in the Greater Bay Area, emphasizing the integration of education and local industry [1] - The college will utilize resources from the "Bay Area International Creator Ecological Valley" and other platforms to enhance cultural industry development in the region [1] - The establishment is seen as a collaboration milestone between the university and local government, highlighting the unique cultural and natural resources of Zhaoqing [1] Group 2 - The college will innovate talent training models by collaborating with leading industry enterprises to create shared internship and training bases [2] - It aims to enhance the application of new technologies such as VR/AR and artificial intelligence in micro-short drama creation [2] - The college plans to host industry forums, professional competitions, and vocational training to contribute to the development of the regional micro-short drama industry [2]

市场表现 -30 -20 -10 0 10 20 30 40 (%) 芒果超媒 沪深300 资料来源：Wind，华鑫证券研究 2026 年 02 月 02 日 看芒果大模型 AI 赋能主业 小芒电商迎盈利拐点 —芒果超媒（300413.SZ）公司事件点评报告 买入(维持) 事件 分析师：朱珠 S1050521110001 zhuzhu@cfsc.com.cn | 基本数据 | 2026-01-30 | | --- | --- | | 当前股价（元） | 25.47 | | 总市值（亿元） | 476 | | 总股本（百万股） | 1871 | | 流通股本（百万股） | 1022 | | 52 周价格范围（元） | 21.13-35.76 | | 日均成交额（百万元） | 511.71 | 芒果超媒发布 2025 年公司业绩预告公告：2025 年公司归母 净利润 11~14 亿元，同比-19.38%~+2.61%，扣非净利润 8.7~11 亿元（同比-47.11%~-33.12%）。 投资要点 ▌ 2025 年小芒电商迎盈利拐点 芒果 TV 会员 7560 万 内容端，2025 年芒果持续加码优质内容，影视剧 ...

Group 1 - Huayi Brothers expects a net profit loss of 289 million to 407 million yuan for the fiscal year 2025, compared to a loss of 285 million yuan in the previous year [1] - The company has reported a cumulative loss exceeding 8.2 billion yuan over seven consecutive years from 2018 to 2024 [1] - Huayi Brothers issued a warning regarding the potential delisting of its stock, anticipating a year-end net asset value between -94 million and 63 million yuan [1] Group 2 - Bona Film Group forecasts a net profit loss of 1.261 billion to 1.476 billion yuan for 2025, up from a loss of 867 million yuan in the previous year [2] - The company attributes its losses to a decline in box office revenue from films released during the reporting period and significant losses from individual films [2] - Bona Film Group has incurred cumulative losses of nearly 1.5 billion yuan over three consecutive years from 2022 to 2024 [2]

南财智讯1月30日电，横店影视发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为 1.30亿元—1.80亿元；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为6,200万元— 9,000万元。本期业绩扭亏为盈的主要原因：电影放映及相关衍生业务方面，根据国家电影局发布数 据，中国电影市场全年电影票房为518.32亿元，同比增长21.95%，城市院线观影人次为12.38亿，同比 增长22.57%。受行业回暖、热门影片带动电影市场大盘增长，以及公司强化经营管理、深入多元化经 营等因素影响，报告期内公司电影放映及相关衍生业务收入实现同比增长。同时，公司持续贯彻精细化 管理和降本增效措施，报告期内整体经营效率有效提升。影视投资、制作及发行业务方面，电影板块， 公司全资子公司浙江横店影业有限公司出品的《熊出没·重启未来》《射雕英雄传：侠之大者》《志愿 军：浴血和平》等多部影片上映，同时，公司持续贯彻深化审慎、多元的可持续投资理念储备影片，其 中，投资出品的《熊出没·年年有熊》《飞驰人生3》《星河入梦》等影片将于2026年春节档上映；另 外，公司全资子公司横店影视制作有限公司成立"大横小竖"短 ...