Core Viewpoint - The report outlines the financial performance and fundraising activities of China Publishing Media Co., Ltd. for the first half of 2025, emphasizing the management and utilization of raised funds [3][31]. Group 1: Company Overview - China Publishing Media Co., Ltd. is engaged in the publishing industry and has undergone significant fundraising activities through public offerings and private placements [3][6]. - The company has a structured approach to managing its raised funds, ensuring compliance with regulatory requirements [8][19]. Group 2: Financial Data - The total amount raised from the initial public offering in 2017 was approximately RMB 1.217 billion, with a net amount of RMB 1.145 billion after deducting issuance costs [3][4]. - As of June 30, 2025, the company reported cumulative bank interest and investment income of approximately RMB 143.43 million from the 2017 fundraising [4]. - For the first half of 2025, the company reported a total of RMB 3.08 million in interest income from its fundraising accounts [5]. Group 3: Fund Utilization - The company has utilized RMB 1.020 billion for fundraising projects up to June 30, 2025, with specific projects achieving operational status [4][22]. - The report indicates that there were no idle funds used for temporary working capital, and all funds were managed according to established guidelines [18][20]. - The remaining funds from completed projects have been permanently supplemented into working capital, totaling RMB 22.28 million [22]. Group 4: Fund Management - The company has established a dedicated management framework for its raised funds, including specific accounts for different projects to ensure transparency and accountability [8][10]. - The company has signed multiple tripartite agreements with banks and securities firms to regulate the storage and use of raised funds [9][13]. Group 5: Board Meeting and Approvals - The board of directors convened on August 27, 2025, to approve the half-year report and the special report on the use of raised funds, with unanimous support from all attending members [28][30].

Core Viewpoint - The article emphasizes the enduring value of print media, particularly the magazine "Sanlian Life Weekly," in an era dominated by fast-paced digital content, highlighting its role in fostering deep thinking and quality discussions among readers [25][38][121]. Group 1: The Decline of Print Media - The article notes the decline of print media in China, with many magazines ceasing publication and newsstands disappearing, leading to a sentiment that "print media is dead" [3][4]. - It discusses the impact of fast-paced digital content on readers' attention spans and the diminishing appreciation for the depth and significance of written words [3][4]. Group 2: Enduring Value of "Sanlian Life Weekly" - "Sanlian Life Weekly" is presented as a respected publication that has consistently provided insightful commentary on China's economic landscape, often predicting trends accurately [10][11][14]. - The magazine has a loyal readership across various demographics, including professionals, artists, and everyday citizens, who value its depth and quality [16][19][25]. - Readers express that the magazine enriches their understanding and encourages deeper thinking, with notable figures praising its content [17][19][121]. Group 3: Content and Themes - The magazine covers a wide range of topics, from social issues to personal growth, providing readers with diverse perspectives and insights [33][52][61]. - It aims to help readers navigate complex societal issues and personal dilemmas, such as education reform and housing market trends [52][54][62]. - The publication maintains a commitment to high-quality journalism, with a team dedicated to thorough research and fact-checking [90][104][119]. Group 4: Subscription Offer - The article promotes a subscription offer for "Sanlian Life Weekly," highlighting its value at a discounted price of 549 yuan for 52 issues, along with additional free publications [44][88][149]. - It emphasizes the magazine's ability to provide meaningful content that enhances family discussions and personal growth [41][125].

Core Viewpoint - The article emphasizes the enduring value of print media, particularly the magazine "Sanlian Life Weekly," in an age dominated by fast-paced digital content, highlighting its role in fostering deep thinking and quality discussions among readers [3][24][100]. Group 1: Historical Context and Impact - Print media, especially magazines, were once a cherished part of many people's lives in China, serving as a source of curiosity and knowledge [1][2]. - "Sanlian Life Weekly" has historically provided timely insights during critical economic periods, such as predicting the economic boom in 2003 and warning against the 2008 financial crisis [10][12]. - The magazine has a loyal readership across various demographics, including professionals, artists, and students, who appreciate its depth and quality [15][24]. Group 2: Content and Themes - The magazine covers a wide range of topics relevant to contemporary life, including social issues, personal development, and economic trends, making it a valuable resource for readers seeking depth [26][54][59]. - It features diverse columns that address various interests, from cultural insights to practical advice on personal finance and family dynamics [62][71]. - The magazine's commitment to high-quality journalism and in-depth reporting sets it apart in a fragmented media landscape, ensuring that each issue provides meaningful content [78][91]. Group 3: Subscription Offer and Value Proposition - The article promotes a subscription offer for "Sanlian Life Weekly," highlighting its affordability and the added value of complimentary publications [44][49]. - The subscription includes 52 issues over a year, providing readers with a substantial amount of content that encourages family discussions and shared experiences [39][41]. - The magazine's design and presentation enhance the reading experience, making it accessible and enjoyable for all ages [108][113].

Core Viewpoint - The article emphasizes the enduring value of print media, particularly the magazine "Sanlian Life Weekly," in an era dominated by fast-paced digital content, highlighting its role in fostering deep thinking and quality discussions among readers [1][16]. Group 1: Historical Context and Impact - "Sanlian Life Weekly" has a history of accurately predicting economic trends, such as warning about the economic boom in 2003 and advising caution against the 2008 financial crisis [5][7]. - The magazine has consistently provided insights that resonate with various societal issues, making it a trusted source for readers from diverse backgrounds [9][12]. Group 2: Content and Themes - The magazine covers a wide range of topics, including personal development, societal challenges, and cultural insights, aiming to provide readers with a deeper understanding of contemporary issues [18][20][51]. - It features various columns that address everyday concerns, from family dynamics to investment strategies, ensuring relevance to its audience [58][65]. Group 3: Reader Engagement and Community - "Sanlian Life Weekly" has cultivated a loyal readership, with many subscribers expressing long-term commitment to the magazine, indicating its significant impact on their intellectual and emotional lives [26][27][88]. - The magazine serves as a platform for meaningful conversations within families, enhancing the quality of interactions and shared experiences [42][90]. Group 4: Subscription Offer and Value Proposition - The article promotes a subscription offer for "Sanlian Life Weekly," highlighting its affordability and the added value of complimentary publications, making it an attractive option for readers seeking quality content [42][104]. - The magazine's physical format, comparable to a book, encourages thorough reading and engagement, contrasting with the fleeting nature of digital content [93][97].

Core Viewpoint - The article emphasizes the enduring value of print media, particularly the magazine "Sanlian Life Weekly," in an age dominated by fast-paced digital content, highlighting its role in fostering deep thinking and quality discussions among readers [3][22][24]. Group 1: Historical Context and Impact - Print media, especially magazines, were once a significant part of many people's lives in China, serving as a source of curiosity and knowledge [1][2]. - "Sanlian Life Weekly" has historically provided timely insights during critical economic periods, such as predicting economic growth during the SARS outbreak in 2003 and warning against the housing market bubble in 2022 [10][12][24]. Group 2: Reader Engagement and Community - The magazine has a diverse readership, including professionals from various fields, indicating its broad appeal and relevance [15][22]. - Readers express a strong emotional connection to the magazine, often subscribing for many years, which reflects its impact on their intellectual and personal growth [15][36]. Group 3: Content Quality and Diversity - "Sanlian Life Weekly" covers a wide range of topics, from societal issues to personal development, providing readers with in-depth analysis and unique perspectives [26][60]. - The magazine's commitment to quality journalism is underscored by its dedicated team of reporters who prioritize factual accuracy and insightful reporting [82][95]. Group 4: Subscription Offer and Value Proposition - The article promotes a subscription offer for "Sanlian Life Weekly," highlighting its affordability and the added value of complimentary publications, making it an attractive option for families seeking quality reading material [47][48][126]. - The magazine's format, with each issue being substantial in content, is designed to enhance the reading experience for all ages, promoting family discussions and shared knowledge [40][119].