Group 1 - The core viewpoint of the news is that Vision China has experienced fluctuations in its stock price and trading volume, with a notable increase in stock price since the beginning of the year, despite recent declines [1][2] - As of January 21, Vision China's stock price increased by 2.09% to 27.36 CNY per share, with a total market capitalization of 19.168 billion CNY [1] - The company has seen a year-to-date stock price increase of 14.91%, with a 14.29% decline over the last five trading days, and a 25.56% increase over the last 20 days [1] Group 2 - Vision China operates in the media sector, specifically in digital media and image media, with its main business activities including the production of TV dramas, theme park entertainment, and the sale of visual content [2][3] - As of September 30, the company reported a revenue of 610 million CNY for the first nine months of 2025, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - The company has distributed a total of 205 million CNY in dividends since its A-share listing, with 47.586 million CNY distributed over the past three years [3]

1月19日，视觉中国跌停，截至发稿，报28.44元/股，成交1.92亿元，换手率1.00%，总市值199.24亿 元。 资料显示，视觉(中国)文化发展股份有限公司位于北京市朝阳区酒仙桥北路甲10号院204号楼2层/3层， 成立日期1994年5月28日，上市日期1997年1月21日，公司主营业务涉及电视剧的摄制出品业务,主题公 园室内智能娱乐和特种影视项目动漫设计,创意类和编辑类视觉素材(图片、视频等)的销售及增值服务业 务。主营业务收入构成为：视觉内容与服务99.92%，其他0.08%。 从视觉中国十大流通股东角度 数据显示，汇丰晋信基金旗下1只基金位居视觉中国十大流通股东。汇丰晋信中小盘股票（540007）三 季度新进十大流通股东，持有股数292.03万股，占流通股的比例为0.43%。根据测算，今日浮亏损失约 922.81万元。 汇丰晋信中小盘股票（540007）基金经理为郑小兵。 截至发稿，郑小兵累计任职时间2年197天，现任基金资产总规模28.79亿元，任职期间最佳基金回报 89.33%， 任职期间最差基金回报81.01%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信 ...

Group 1 - The core viewpoint of the news is that Vision China has experienced significant stock price increases and notable trading activity in early January 2025, indicating strong market interest and potential investor confidence [1][2]. - As of January 15, 2025, Vision China's stock price rose by 36.83% year-to-date, with a 30.84% increase over the last five trading days and a 55.44% increase over the last 20 days [1]. - The company has seen a net inflow of main funds amounting to 25.81 million yuan, with significant buying activity from large orders, indicating strong institutional interest [1]. Group 2 - Vision China, established on May 28, 1994, and listed on January 21, 1997, primarily engages in the production and distribution of television dramas, indoor smart entertainment in theme parks, and the sale of visual content and services [2]. - For the period from January to September 2025, Vision China reported a revenue of 610 million yuan, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.31 million yuan [2]. - The company has distributed a total of 205 million yuan in dividends since its A-share listing, with 47.59 million yuan distributed over the past three years [3]. Group 3 - As of September 30, 2025, Vision China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 8.20 million shares, an increase of 1.98 million shares from the previous period, while Southern CSI 1000 ETF reduced its holdings by 3,890 shares [3]. - HSBC Jintrust Small Cap Stock is a new entrant among the top ten shareholders, holding 2.92 million shares [3].

Group 1 - Visual China experienced a stock price increase of 5.39%, reaching 22.48 CNY per share, with a trading volume of 747 million CNY and a turnover rate of 5.08%, resulting in a total market capitalization of 15.749 billion CNY [1] - The company, established on May 28, 1994, and listed on January 21, 1997, is primarily engaged in the production and distribution of television dramas, indoor smart entertainment in theme parks, special film projects, animation design, and the sale of creative and editorial visual materials (images, videos, etc.) [1] - The main revenue composition of Visual China is 99.92% from visual content and services, with only 0.08% from other sources [1] Group 2 - According to data, one fund from Guotai Fund has Visual China as a top ten holding, specifically the Guotai CSI Film and Television Theme ETF (516620), which increased its holdings by 37,800 shares in the third quarter, totaling 140,300 shares, representing 3.63% of the fund's net value [2] - The Guotai CSI Film and Television Theme ETF was established on October 20, 2021, with a latest scale of 79.1068 million CNY, achieving a year-to-date return of 11.98%, ranking 3258 out of 4197 in its category, and a one-year loss of 1.72%, ranking 4011 out of 4147 [2] - The fund manager of the Guotai CSI Film and Television Theme ETF is Wang Yu, who has been in the position for 5 years and 362 days, managing total assets of 24.238 billion CNY, with the best fund return during his tenure being 31.07% and the worst being -42.73% [3]

Core Viewpoint - Visual China has experienced fluctuations in stock performance, with a year-to-date increase of 15.74% but a recent decline of 5.01% over the past five trading days [1] Group 1: Stock Performance - As of November 28, Visual China's stock price rose by 2.21% to 24.07 CNY per share, with a trading volume of 3.29 billion CNY and a turnover rate of 2.05%, resulting in a total market capitalization of 168.63 billion CNY [1] - The company has appeared on the "Dragon and Tiger List" 12 times this year, with the most recent appearance on November 24, where it recorded a net buy of -324 million CNY [1] - Year-to-date, Visual China's stock has increased by 15.74%, with a 5-day decline of 5.01%, a 20-day increase of 11.44%, and a 60-day increase of 8.72% [1] Group 2: Company Overview - Visual China, established on May 28, 1994, and listed on January 21, 1997, is based in Beijing and primarily engages in the production of television dramas, indoor smart entertainment in theme parks, and the sale of visual content and services [2] - The company's main revenue source is visual content and services, accounting for 99.92% of total revenue, with other services contributing 0.08% [2] - As of September 30, 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.31 million CNY [2] Group 3: Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.20 million shares, an increase of 1.98 million shares from the previous period [3] - New shareholder HSBC Jintrust Small Cap Stock holds 2.92 million shares, marking its entry into the top ten circulating shareholders [3]

Group 1 - Visual China experienced a stock price increase of 5.73%, reaching 24.36 CNY per share, with a trading volume of 2.22 billion CNY and a turnover rate of 13.88%, resulting in a total market capitalization of 17.066 billion CNY [1] - The company, founded on May 28, 1994, and listed on January 21, 1997, is primarily engaged in the production and distribution of television dramas, indoor smart entertainment in theme parks, special film projects, animation design, and the sale of creative and editorial visual materials (images, videos, etc.) [1] - The main revenue composition of Visual China is 99.92% from visual content and services, with only 0.08% from other sources [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Yinhua Fund has a significant holding in Visual China, with the Film and Television ETF (159855) increasing its holdings by 67,500 shares in the third quarter, totaling 185,500 shares, which represents 3.59% of the fund's net value, ranking as the ninth largest heavy stock [2] - The Film and Television ETF (159855) was established on February 9, 2021, with a current scale of 106 million CNY, achieving a year-to-date return of 15.42%, ranking 3018 out of 4208 in its category, and a one-year return of 11.86%, ranking 2964 out of 3972, while experiencing a total loss of 4.55% since inception [2] Group 3 - The fund manager of the Film and Television ETF (159855) is Zhang Yichi, who has been in the position for 4 years and 182 days, managing total assets of 7.745 billion CNY, with the best fund return during his tenure being 62.98% and the worst being -35.59% [3]

Core Viewpoint - Visual China experienced a stock price decline of 2.04% on November 20, with a trading price of 23.02 CNY per share and a total market capitalization of 16.127 billion CNY [1] Group 1: Stock Performance - Year-to-date, Visual China's stock price has increased by 10.69%, with a 6.77% rise over the last five trading days, an 11.64% increase over the last 20 days, and a 6.83% rise over the last 60 days [1] - The company has appeared on the "龙虎榜" (a stock trading list) 10 times this year, with the most recent appearance on November 18, where it recorded a net buy of 108 million CNY [1] Group 2: Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - Cumulative cash dividends since the company's A-share listing amount to 205 million CNY, with 47.586 million CNY distributed over the last three years [3] Group 3: Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.2011 million shares, an increase of 1.9764 million shares from the previous period [3]

Core Insights - Visual China experienced a stock price increase of 2.11% on November 19, reaching 24.16 CNY per share, with a trading volume of 1.022 billion CNY and a turnover rate of 6.29%, resulting in a total market capitalization of 16.926 billion CNY [1] Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - The company has distributed a total of 205 million CNY in dividends since its A-share listing, with 47.586 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.2011 million shares (an increase of 1.9764 million shares), and Southern CSI 1000 ETF, which holds 4.4820 million shares (a decrease of 38,900 shares) [3] Market Activity - Visual China has appeared on the trading leaderboard 10 times this year, with the most recent appearance on November 18, where it recorded a net purchase of 108 million CNY, accounting for 16.39% of total trading volume [1]

Group 1 - Visual China experienced a stock price increase of 5.25%, reaching 22.64 yuan per share, with a trading volume of 680 million yuan and a turnover rate of 4.61%, resulting in a total market capitalization of 15.861 billion yuan [1] - Visual China was established on May 28, 1994, and listed on January 21, 1997. The company is based in Beijing and primarily engages in the production and distribution of television dramas, indoor smart entertainment in theme parks, special film projects, animation design, and the sale of creative and editorial visual materials (images, videos, etc.) [1] - The main revenue composition of Visual China is 99.92% from visual content and services, with only 0.08% from other sources [1] Group 2 - Among the top ten circulating shareholders of Visual China, a fund under Southern Fund holds a position. The Southern CSI 1000 ETF (512100) reduced its holdings by 38,900 shares in the third quarter, now holding 4.482 million shares, which accounts for 0.66% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion yuan. Year-to-date returns are 27.78%, ranking 1837 out of 4212 in its category, while the one-year return is 24.32%, ranking 1864 out of 3956 [2] - The fund manager of Southern CSI 1000 ETF (512100) is Cui Lei, who has a cumulative tenure of 7 years and 13 days, managing total fund assets of 122.76 billion yuan, with the best fund return during the tenure being 181.49% and the worst being -15.93% [2]

Core Points - Visual China experienced a stock price decline of 2.04% on November 14, trading at 21.12 CNY per share with a market capitalization of 14.796 billion CNY [1] - The company has seen a year-to-date stock price increase of 1.56%, but a decline of 4.69% over the past five trading days and 5.25% over the past twenty days [1] - As of September 30, 2025, Visual China reported a revenue of 610 million CNY, a year-on-year increase of 0.30%, while net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] Financial Performance - The company has made cumulative cash distributions of 205 million CNY since its A-share listing, with 47.586 million CNY distributed over the past three years [3] - As of September 30, 2025, the number of shareholders decreased by 12.60% to 120,900, while the average circulating shares per person increased by 14.41% to 5,591 shares [2] Shareholding Structure - The fourth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 8.2011 million shares, an increase of 1.9764 million shares from the previous period [3] - The seventh largest circulating shareholder is Southern CSI 1000 ETF, holding 4.4820 million shares, which decreased by 38,900 shares compared to the previous period [3]