证券代码：000156 证券简称：华数传媒 公告编号：2025-032 华数传媒控股股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示：本公告所载2025年半年度的财务数据仅为初步核算数据，未经会 计师事务所审计，与半年度报告中披露的最终数据可能存在差异，请投资者注意 投资风险。 一、2025年半年度主要财务数据和指标 华数传媒控股股份有限公司 董事会 注：表内数据为公司合并报表数据（未经审计）。 二、经营业绩和财务状况情况说明 上半年，公司围绕华数集团"基层基础年"总体部署，贯彻落实三年发展行 动计划，按照"布新局、稳效益、优结构、提效能"的发展思路，坚持党建引领， 聚焦主责主业，抓实提质增效，提升管理效能，夯实发展根基。同时，秉持广电 文旅、文化科技融合的发展理念，积极拥抱人工智能、云计算、大数据等新技术， 探索新业态、新场景、新模式，积极培育智慧广电新质生产力，推动上市公司可 持续高质量发展。 报告期内，公司营业收入增长主要系广电5G、数字文旅等业务增长所致，归 属于上市公司股东净利润增长的主要原因为文化改制企业所得税免税政策影响。 ...

Group 1 - The event held during the 8th Digital Summit in Fuzhou, Fujian, focused on signing key projects in the digital economy, aiming to enhance high-quality development through digitalization [1] - A total of 50 digital economy projects were signed, with a total investment of 50.5 billion yuan, highlighting a strong focus on digital core industries [2] - The majority of the projects (41 out of 50) are related to digital industrialization, with over 90% of the total investment amounting to 46 billion yuan [2] Group 2 - The signed projects include collaborations with major state-owned enterprises and leading digital economy companies, showcasing a diverse investment landscape [2] - Over 85% of the projects are funded by private capital, reflecting the success of Fujian's strategy to strengthen the private economy and improve the business environment [2] - The projects cover new industries such as computing power, robotics, and satellite applications, as well as emerging fields like internet healthcare and smart logistics, indicating a robust innovation trajectory in Fujian's digital economy [2] Group 3 - Since the last summit, Fujian has signed 455 digital economy projects, representing an 8% increase, with a total investment of 228 billion yuan, a 12% increase [3] - The cumulative effect of the previous seven summits has led to over 3,000 digital economy projects with a total investment exceeding 1.8 trillion yuan, underscoring the effectiveness of the summit [3] - Future initiatives will focus on enhancing the business environment and responding to new demands from enterprises, aiming to support project implementation and industry development [3]

Core Viewpoint - Urban-rural integration is a crucial approach to address the urban-rural gap and achieve common prosperity in China, with a focus on policy evolution and development status [1] Policy Context - The evolution of urban-rural development policies in China has transitioned from "coordinated urban-rural development" to "urban-rural integration," reflecting a strategic adjustment to address deep-rooted issues and institutional barriers [6][7] Development Status - The income disparity between urban and rural residents has been narrowing, with the ratio of per capita disposable income decreasing from 3.1 times in 2007 to 2.3 times in 2024 [11] - Rural residents' Engel coefficient has decreased from 40.5 in 2007 to 32.4 in 2023, indicating improved living standards [14] - Rural infrastructure and social security systems have seen significant improvements, with over 86% of rural areas having access to tap water and 73% to sanitary toilets by 2023 [16] Key Measures - Three key measures to promote urban-rural integration include: 1. Establishing a policy framework for equal exchange and bidirectional flow of urban-rural factors, including reforms in household registration and social security systems [3] 2. Using counties as pilot areas for institutional reforms to protect farmers' property rights [3] 3. Promoting deep integration of industries, enhancing the digitalization and branding of modern agriculture, and activating rural tourism and wellness services [3] Opportunities for Commercial Banks - Urban-rural integration presents new development opportunities for commercial banks, encouraging them to innovate products and services while participating in the entire process of urban-rural integration [3]

Group 1 - The core viewpoint of the article emphasizes the emergence of new consumption trends driven by emotional value and the integration of supply-side innovations, highlighting a shift towards personalized and diversified consumption [2][4][10] - On the demand side, there is a significant increase in consumption focused on emotional value, with "self-pleasing" consumption projected to grow by 40.6% in 2024, and social consumption, represented by sports and entertainment goods, expected to rise by 11.1% [2][10][23] - The supply side shows a notable trend of integration across different fields, with the IP industry experiencing an average growth rate of 13.1% from 2019 to 2024, and the tourism and cultural sectors also expanding significantly [2][32][39] Group 2 - The rise of new consumption is attributed to generational changes, economic characteristics, and upgrades in consumption supply, with younger consumers (ages 18-34) being the primary drivers of emotional consumption [4][49][50] - The youth demographic is increasingly focused on emotional value due to factors such as high unemployment rates and increased work pressure, leading to a greater emphasis on self-pleasing and home-based consumption [4][61][62] - Supply-side improvements, including increased R&D investments in sectors like automotive and electrical machinery, are facilitating the intelligent upgrade of consumption offerings [4][62][68] Group 3 - Future growth potential for new consumption is reinforced by economic growth, demographic shifts, and improvements in consumption supply, with service consumption expected to rise as GDP per capita increases [6][74][83] - The trend of smaller family units and declining birth rates in developed countries is likely to further enhance new consumption demand, as seen in the U.S. and Japan [7][74][75] - The importance of "consumption-related infrastructure" is being elevated, with government spending in education, healthcare, and social security expected to support the enhancement of new consumption supply [8][102][106]