300788 Citic Press Corporation
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Citic Press Corporation News
Earnings Report: Citic Press Corporation Missed Revenue Estimates By 16%
Citic Press Corporation (SZSE:300788) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company followin
CITIC Publishing (300788): Promoting price control, cost reduction, profit growth before tax is relatively good
The performance was slightly lower than our expected 1Q24 results: revenue of 402 million yuan, down 5.8% year on year; net profit to mother of 37.88 million yuan, down 9.9% year on year; after deducting non-net profit of 35.79 million yuan, down year on year
Express News | CITIC Publishing: Net profit of 378.754 million yuan for the first quarter decreased 9.89% year over year
The A-share media sector boosted CITIC Publishing and surged nearly 10%
Gelonghui, April 24 | CITIC Publishing surged nearly 10%, with Century Tianhong, Reader Culture, Ciwen Media, Chinese Online, and Rongxin Culture leading the way.
Changes in the intellectual property protection sector boosted CITIC Publishing by more than 8%
The intellectual property protection sector fluctuated and increased, with CITIC Publishing rising by more than 8%, while reader culture, Zhongguang Tianze, Chinese Online, Visual China, and Chinese science and technology dissemination followed suit.
CITIC Publishing (300788.SZ): No copyright data purchase agreement has been signed with Big Model Company
Gelonghui, April 18 | CITIC Publishing (300788.SZ) said on the investor interactive platform that the company has not yet signed a copyright data purchase agreement with Big Model Company. The company thoroughly researches the application and innovation of generative artificial intelligence in the publishing industry, was selected as a publishing think tank by the Ministry of Propaganda and the State Press and Publication Administration, and actively contacts domestic and foreign model technology companies. It will open cooperation and co-build an ecosystem on the basis of ensuring copyright data security and a sustainable development model to help the high-quality development of the publishing industry.
CITIC Publishing (300788): Deepening the core content business and comprehensively accelerating AI layout
A leading mass publishing company to promote the construction of a digital cultural power. The company was founded in February 1993. As an excellent national publishing organization, it has a full license for books, newspapers, electronic, audiovisual and online publishing, wholesale and retail, and publishes 14 new books a year
CITIC Publishing (300788.SZ): Elects Chen Wei as Chairman
CITIC Publishing (300788.SZ) issued an announcement. Since Wang Bin, the former chairman of the 5th board of directors, has retired and left office, according to...
Citic Press' Chairman Resigns
Citic Press' (SHE:300788) chairman, Wang Bin, resigned after reaching the statutory retirement age, according to a March 15 disclosure published on the Shenzhen Stock Exchange. The Chinese publishing
Citic Press Corporation Just Missed Earnings - But Analysts Have Updated Their Models
The analysts might have been a bit too bullish on Citic Press Corporation (SZSE:300788), given that the company fell short of expectations when it released its annual results last week. Results s
CITIC Publishing (300788) 2023 Report Review: Stable Main Business Advantages and In-depth Exploration of AI+ Publishing Layout
Incident: The company achieved revenue of 1,717 billion yuan in 2023, a year-on-year decrease of 4.65%, and realized net profit of 116 million yuan to mother, a year-on-year decrease of 7.72%. The main advantages of book publishing are stable, and channel structural changes are reflected
Express News | CITIC Publishing: Since he has reached the legal retirement age, Wang Bin applied to resign as chairman and other positions
A-shares fall, China Railway Assembly falls by nearly 5%
Gelonghui March 15 | China Railway Assembly fell nearly 5%, followed by CITIC Publishing, China Machinery Inspection, CCCC Real Estate, CNOOC, China Rare Earths, COSCO, and China Shenhua.
CITIC Publishing (300788): The main publishing industry is still under pressure to actively explore AI technology to improve efficiency
The 4Q23 performance fell short of our expectations that the company's revenue in 2023 fell 5% to 1.72 billion yuan; net profit to mother fell 8% to 116 million yuan; net profit after deducting non-net profit also fell 48% to 61.88 million yuan, including non-current items
CITIC Co., Ltd. (00267): CITIC Publishing (300788.SZ) accrued asset impairment losses totaling RMB 51.7337 million in 2023
Zhitong Finance App News, CITIC Holdings (00267) issued an announcement to truly reflect the financial situation and asset value of CITIC Publishing (300788.SZ). According to the “Corporate Accounting Standards” and the relevant provisions of the company's accounting policies, CITIC Publishing conducted an impairment test on assets such as inventory, advance payments, and receivables that may show signs of impairment on December 31, 2023. Based on the test results, based on the principle of prudence, CITIC Publishing has calculated asset impairment preparations for assets that may experience asset impairment losses in 2023. According to estimates, the total amount of impairment losses for various assets calculated this time is 5173
Express News | CITIC Publishing: Net profit to mother fell 7.72% year-on-year in 2023
CITIC Publishing (300788): Short-term performance is under pressure, AIGC empowers new business formats
Event: The company released the 2023 annual report: in 2023, the company achieved operating income of 1,717 billion yuan, a year-on-year decrease of 4.65%; net profit attributable to shareholders of listed companies was 116 million yuan, a year-on-year decrease of 7.72 million yuan
Copyright issues continue to crack down, AIGC development agency says the value of high-quality data sets will be highlighted
① Three news organizations, The Intercept, Raw Story, and Alternet, recently sued OpenAI and Microsoft for copyright infringement. ② Galaxy Securities believes that with the intensive introduction of AI policies, attention has been paid to the copyright issues of high-quality data sets and training data, and that the value of high-quality training databases will be highlighted in the future.
Copyright issues with AI big model training data highlight that the value of high-quality training databases is expected to be re-evaluated
① People familiar with the matter said that the US social media platform Reddit has reached an agreement with Google to use its content to train the latter's artificial intelligence model. ② Artificial intelligence will need to pay media brands when using media brand content to train large models, which means that AI big models may pay data providers for intellectual property rights and become an industry trend.
CITIC Publishing (300788.SZ): The company's AIGC digital publishing platform assists key aspects of the book publishing process
Gelonghui, Feb. 21丨CITIC Publishing (300788.SZ) said on the investor interactive platform that the company closely follows new products and trends in the global AIGC field, thoroughly studies the application and innovation of generative artificial intelligence in the publishing industry, and has been selected as a publishing think tank of the Ministry of Public Information and Publication Administration to open up cooperation and build an ecosystem to help the high-quality development of the publishing industry. The company's AIGC digital publishing platform supports key aspects of the book publishing process, improving publishing efficiency, optimizing accurate marketing, and continuously reducing costs and increasing efficiency. The company firmly builds a digital intelligence system, develops data assets, and protects the health of authors' rights and copyright use
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