Caesar Culture Co., Ltd.

2025 Financial Results Report

This report details the 2025 financial results for Kaiser (China) Culture Co., Ltd. The company reported total operating revenue of 54,945.33 million RMB, a 21.01% increase year-on-year. Net profit attributable to the parent company was -55,786.39 million RMB, a 5.72% decrease. The report includes detailed financial statements and key financial indicators.

Caesar (China) Cultural Co., Ltd. 2025 Annual Financial Report

Zheshang Securities Co., Ltd. Audit Opinion on the Custody and Use of Raised Funds by Kaiser (China) Culture Co., Ltd. in 2025

This report from Zheshang Securities Co., Ltd. audits Kaiser (China) Culture Co., Ltd.'s 2025 raised funds. The company issued shares, raising RMB 900,399,994.20, with a net amount of RMB 870,671,005.86 after deductions. Funds were deposited in special accounts and used for approved projects, with no violations found.

Announcement on Re-engaging Accounting Firm

This announcement details the re-appointment of Zhidao Certified Public Accountants (Special General Partnership) as the company's auditor for 2026. The decision was approved by the Board of Directors, following a recommendation from the Audit Committee, to ensure continuity and quality in the company's annual audit work. The firm has demonstrated independence and professional competence in prior engagements.

Independent Director's 2025 Annual Performance Report (Zheng Yewu)

This report details the performance of Independent Director Zheng Yewu for 2025. He diligently fulfilled his duties, attended all board and committee meetings, and actively participated in discussions and decision-making. His work focused on ensuring compliance, protecting shareholder interests, and promoting the company's healthy development.

2025 Annual Report of Independent Director (Ma Hanjie)

This report details the independent director's performance in 2025, adhering to relevant laws and regulations. The director actively participated in board and committee meetings, reviewed proposals, and provided professional opinions to ensure the company's sound operation and protect shareholder interests. Key areas of focus included related-party transactions, profit distribution, and auditor engagement, all of which were deemed compliant and beneficial.

Independent Director's 2025 Annual Performance Report (Lu Hui - Resigned)

This report details the performance of Independent Director Lu Hui from January 1 to May 20, 2025. Lu Hui diligently fulfilled duties, attended meetings, and provided professional opinions to ensure company compliance and stable development. Key areas reviewed included related-party transactions, profit distribution, auditor appointment, employee stock ownership plans, and guarantees, all of which were deemed compliant and protective of shareholder interests.

Independent Director's 2025 Annual Performance Report (Liang Qiang)

This report details the independent director's fulfillment of duties in 2025, adhering to laws and regulations. The director actively participated in board and committee meetings, reviewed proposals, and provided professional opinions to ensure the company's standardized operation and protect shareholder interests. Key areas reviewed included related party transactions, profit distribution, and employee stock ownership plans, all deemed compliant and beneficial.

Announcement on Holding the 2025 Annual Performance Online Presentation

2025 Internal Control Audit Report

This report presents the internal control audit for Kaiser (China) Culture Co., Ltd. for the year 2025. The audit was conducted by Grant Thornton, confirming that the company maintained effective financial reporting internal controls in all material respects as of December 31, 2025. The report outlines the responsibilities of the company and the auditors, and acknowledges the inherent limitations of internal control systems.

2025 Internal Control Self-Evaluation Report

This report evaluates the effectiveness of internal controls for Kaiser (China) Culture Co., Ltd. as of December 31, 2025. The company found no material weaknesses in financial or non-financial reporting internal controls. The evaluation covered key subsidiaries, business areas, and high-risk segments, confirming the overall effectiveness of the internal control system.

Compensation Management System for Directors and Senior Management

This document outlines the compensation system for directors and senior management of Kaiser (China) Culture Co., Ltd. It establishes principles for compensation, including performance linkage, long-term development, and market alignment. The system details the management structure, compensation components, and adjustment mechanisms, aiming to incentivize performance and ensure sustainable company growth.

Announcement on Uncovered Losses Reaching One-Third of Paid-in Capital

This announcement details that Kaizer (China) Culture Co., Ltd.'s uncovered losses have exceeded one-third of its paid-in capital as of December 31, 2025. The company attributes this to the decline of existing game products, underperformance of new launches, and impairment losses from acquisitions. Kaizer plans to focus on core business, develop IP-based games, expand into mini-games, explore overseas markets, and leverage AI technology to improve operations and profitability.

Announcement on Provision for Asset Impairment and Write-off of Assets for 2025

This announcement details the provision for asset impairment and write-off of assets by Kaiser (China) Culture Co., Ltd. for 2025. The company is providing RMB 27,400.96 million for asset impairment and writing off RMB 3,410.88 million in receivables. This action reflects accounting prudence and accurately represents the company's financial status.

Announcement on Applying for Total Credit Line from Banks and Non-Bank Financial Institutions

The company's board of directors has approved a proposal to apply for a total credit line of up to RMB 400 million or its foreign currency equivalent from banks and non-bank financial institutions. This credit line will be for the company and its holding subsidiaries and can be used cyclically. The actual amount borrowed will depend on the company's funding needs.

Announcement on Estimated Guarantee Amount for Financing of Subsidiaries

This announcement details the resolution passed by the board of directors of Kaisar (China) Culture Co., Ltd. to provide financing guarantees for its subsidiaries. The total estimated guarantee amount is RMB 280 million, valid for one year from the effective date. This measure aims to support the subsidiaries' financing needs and business development, with the board assessing the financial risks as controllable.

Notice of Convening the 2025 Annual Shareholders' Meeting

Kaiser (China) Culture Co., Ltd. announces the convening of its 2025 Annual Shareholders' Meeting on May 22, 2026. The meeting will discuss proposals including the Board of Directors' work report, annual report, internal control evaluation, auditor appointment, profit distribution, and director remuneration. Shareholders can vote in person or via online platforms.

Announcement on Resolutions of the 22nd Meeting of the 8th Board of Directors

The 22nd meeting of the 8th Board of Directors of Kaisar (China) Culture Co., Ltd. was held on April 23, 2026. The board approved the 2025 annual reports, financial statements, and profit distribution plan. It also approved the appointment of the 2026 audit firm and the 2026 director and senior management remuneration plans. The meeting will be submitted to the 2025 annual general meeting for approval.

Announcement on the Proposed Non-Distribution of Profits for 2025

This announcement details the proposed non-distribution of profits by Kaiser (China) Culture Co., Ltd. for 2025. The company reported a net loss attributable to shareholders of -557,863,946.95 yuan and accumulated undistributed profits of -1,460,827,579.40 yuan. The board resolved not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital.

2026 First Quarter Report

Special Report on the Storage and Use of Raised Funds in 2025

This report details the storage and use of raised funds by Kaiser (China) Culture Co., Ltd. in 2025. The company raised RMB 874,916,975.49 in 2021. As of December 31, 2025, RMB 74,051.28 million had been invested in projects, with RMB 16,015.87 million remaining. The company has managed its funds according to regulations and has not encountered any violations.

Independent Auditor's Report on the Use and Storage of Raised Funds of Kaisa (China) Culture Co., Ltd. for 2025

This report provides an independent assurance on Kaisa (China) Culture Co., Ltd.'s 2025 report regarding the use and storage of raised funds. The company has complied with relevant regulations and its own management rules. The report confirms that the company's disclosures accurately reflect the status of its raised funds.

Special Audit Opinion on Deductions from Operating Revenue for 2025

This report provides a special audit opinion on the deductions from operating revenue for Caesar (China) Cultural Co., Ltd. for the year 2025. The audit confirms that the company's management has prepared the operating revenue deduction statement in accordance with relevant regulations. The total deductions from operating revenue were RMB 1,293.33 million in 2025, representing 2.35% of total operating revenue.

Audit Committee Report on the Performance Evaluation and Supervision of the Accounting Firm for 2025

The Audit Committee of Caesar (China) Culture Co., Ltd. evaluated the performance of its accounting firm, Deloitte, for 2025. The committee found Deloitte to be qualified and professional, fulfilling its supervisory duties. The report confirms Deloitte's timely and accurate audit of the company's 2025 financial statements.

Special Statement on Non-Operating Fund Occupation and Other Related Party Transactions of Caesars (China) Culture Co., Ltd. for 2025

This report provides a special statement on the non-operating fund occupation and other related party transactions of Caesars (China) Culture Co., Ltd. for the year 2025. It confirms that the company's management is responsible for the accuracy and completeness of the disclosed information. The auditors have reviewed the data against the audited financial statements and found no material inconsistencies. The statement is intended for use in the company's annual report disclosure.

2025 Summary of Non-Operating Fund Occupancy and Other Related Party Fund Transactions

This table summarizes the company's non-operating fund occupancy and other related party fund transactions for 2025. It details fund sources, amounts, interest, repayment, and outstanding balances with related parties, including controlling shareholders and other affiliated entities. The data provides insights into the financial flows and relationships with related parties during the period.

Board of Directors' Special Opinion on the Self-Inspection of Independent Directors' Independence

The Board of Directors of Kaiser (China) Culture Co., Ltd. has assessed the independence of its directors. The assessment confirms that independent directors meet all regulatory requirements for independence, ensuring objective judgment and compliance with relevant laws and company articles.

2025 Annual Audit Report

2025 Annual Report

Kaizer (China) Culture Co., Ltd. 2025 Annual Report Summary

This report summarizes Kaizer (China) Culture Co., Ltd.'s 2025 performance. The company focuses on IP-driven games and internet culture, achieving 549 million RMB in revenue, a 21.01% increase. Despite challenges like product lifecycle and impairments, strategic shifts towards IP and diversified product lines are improving resilience. The company anticipates significant IP value realization in the coming year.

Announcement on Using Part of Idle Self-owned Funds for Cash Management