Shandong Publishing&Media(SH:601019)2023-12-13 08:41Group 1: Event Overview - The event "Institutional Investors Visit Listed Companies" was held on December 12, 2023, from 14:00 to 16:30 at the company's conference room [2] - Attendees included major securities firms such as Zhongtai Securities, China Merchants Securities, and CITIC Securities [2] - Company representatives included the General Manager and other senior executives [2] Group 2: Company Performance and Strategy - The company is actively promoting integrated development and innovation transformation, focusing on the integration of traditional business with new technologies and media [4] - The company has established a digital integration publishing innovation community in Shandong Province, leveraging AI and big data for projects like the "Shandong Publishing Learning Situation Diagnosis Platform" [4] - The company aims to enhance its publishing quality and market recognition through these initiatives [1] Group 3: Educational Initiatives - The company has developed the Shandong Publishing Smart Education Platform, which includes systems for teaching, research, administration, and evaluation [4] - The "Shandong Publishing Learning Situation Diagnosis Platform" has been implemented in a city in Shandong, with nearly 10,000 students currently using it [4] - The company plans to expand this platform across the province to increase user numbers [4] Group 4: Cultural and Tourism Development - The company is expanding into the educational travel and high-end cultural tourism markets, with a focus on middle school research travel [5] - The "Chinese Traditional Culture International Research Travel Education Base" has been established in Qufu, promoting cultural and educational integration [5] - Other operational sites include the "Yimeng Red Education Research Comprehensive Practice Base" and the "Xinhua Love Book Customer 1971 Research Base" [5] Group 5: Capital Operations and Investments - The company plans to enhance capital operations through mergers, acquisitions, and investments to boost its market value [5] - The establishment of the Luban Zhiyuan Digital Integration Equity Investment Fund aims to foster new business sectors and generate returns [5] - The company is actively seeking strategic partnerships for investment and collaboration [5] Group 6: Financial Performance and Shareholder Returns - The company has maintained a high cash dividend payout ratio, with rates of 47.65%, 47.65%, and 48.43% over the past three years, totaling 3.944 billion CNY in dividends [6] - The company emphasizes shareholder returns and plans to continue enhancing its dividend distribution policy [6] Group 7: Future Outlook - The company sees significant growth opportunities in the publishing and media industry due to cultural consumption upgrades and advancements in AI technology [7] - The strategic focus on digital transformation and integrated innovation is expected to drive sustainable and high-quality development [7] Group 8: Risks and Investor Advisory - The company advises investors to refer to official announcements on the Shanghai Stock Exchange for accurate information and to remain cautious about investment risks [8] - The company expresses gratitude to investors for their ongoing support [8]