研报掘金丨华鑫证券：首予东方明珠“买入”评级，AI时代有望开启增长新引擎

格隆汇2025-08-29

华鑫证券研报指出，东方明珠上半年归母净利润、扣非净利润分别为3.44、2.66亿元（同比-18.65%、-23.58%），经营活动现金流量净额5.06亿元（由负转正）。总体看，智慧广电业务夯实了东方明珠收入基础盘，文化消费业务夯实毛利率基本盘；主业基础盘稳健有利于平滑经济周期波动的不确定性；2025上半年公司每10股派发现金股利人民币0.50元（含税），积极践行股东回报。作为国有文化传媒集团排头兵...

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