Group 1 - The core point of the article is that Mango Excellent Media (SZ 300413) held its 30th meeting of the fourth board of directors on November 13, 2025, via telecommunication voting, discussing the exemption of the notification period for the meeting [1] - For the year 2024, the revenue composition of Mango Excellent Media is as follows: 72.29% from new media platform operations, 18.47% from media retail, 8.97% from new media interactive entertainment content production, and 0.27% from other industries [1] - As of the report date, the market capitalization of Mango Excellent Media is 50.1 billion yuan [1]

Core Insights - Mango Super Media reported a significant decline in revenue and net profit for the first half of 2025, with total revenue at 5.96 billion yuan, down 14.31% year-on-year, and net profit at 763 million yuan, down 28.31% year-on-year [1][2] Financial Performance - The company's total revenue for the first half of 2025 was 5,963,683,329.69 yuan, compared to 6,959,926,553.07 yuan in the same period last year, reflecting a decrease of 14.31% [1] - Net profit attributable to shareholders was 763,397,450.94 yuan, down from 1,064,832,991.18 yuan, marking a decline of 28.31% [1] - The net profit after deducting non-recurring gains and losses was 609,820,469.81 yuan, a decrease of 33.15% from the previous year [1] - Basic and diluted earnings per share were both 0.41 yuan, down 28.07% from 0.57 yuan in the previous year [1] - The weighted average return on equity was 3.35%, down from 4.85% [1] Segment Performance - Revenue from Mango TV's internet video business was 4,882,735,440.64 yuan, with a gross margin of 27.49%, showing a slight decline of 1.50% year-on-year [2] - New media interactive entertainment content production generated 606,065,982.42 yuan in revenue, with a gross margin of 26.06%, down 4.34% year-on-year [2] - Content e-commerce revenue plummeted to 446,435,273.25 yuan, a staggering decrease of 67.09% year-on-year, with a gross margin of 18.59% [2]

Group 1 - Mango Excellent Media (SZ 300413) announced the convening of its 28th meeting of the fourth board of directors on August 21, 2025, via communication voting [1] - The company reviewed the proposal regarding the 2025 semi-annual report and its summary during the meeting [1] - For the year 2024, the revenue composition of Mango Excellent Media is as follows: new media platform operations account for 72.29%, media retail accounts for 18.47%, new media interactive entertainment content production accounts for 8.97%, and other industries account for 0.27% [1] Group 2 - As of the report, Mango Excellent Media has a market capitalization of 47.8 billion yuan [1]

Group 1 - The latest stock price of Mango Excellent Media is 22.61 yuan, up 1.71% from the previous trading day, with an opening price of 22.20 yuan, a high of 22.88 yuan, a low of 22.08 yuan, a trading volume of 243,700 hands, and a transaction amount of 548 million yuan [1] - Mango Excellent Media is the only state-controlled long video new media listed company in the A-share market, with core businesses including Mango TV internet video, new media interactive entertainment content production, and content e-commerce [1] - On August 14, the Hunan Securities Regulatory Bureau led a research team to visit Mango Excellent Media and three other listed companies in the cultural media industry, emphasizing the need for listed companies to play a leading role and enhance technological innovation and achievement transformation [1] Group 2 - On the same day, the net inflow of main funds into Mango Excellent Media was 47.72 million yuan, with a cumulative net inflow of 147 million yuan over the past five days [1]