AOF Entertainment Co., Ltd. 2025 Annual Report Summary

Securities Code: 002292 Securities Abbreviation: AOF Entertainment Announcement No.: 2026-011

AOF Entertainment Co., Ltd. 2025 Annual Report Summary

I. Important Notes This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report in the designated media by the China Securities Regulatory Commission. All directors attended the board meeting that reviewed this report. Non-standard audit opinion notice □ Applicable Not applicable Board of Directors' review of the profit distribution plan or capital reserve to share capital increase plan for the reporting period □ Applicable Not applicable The company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserves into share capital. Board of Directors' resolution on the preferred stock profit distribution plan for the reporting period □ Applicable Not applicable

II. Company Basic Information

1. Company Profile

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1. Business or Product Overview for the Reporting Period

(I) Main Business During the Reporting Period The company targets infants and children (0-3 years old) and children (K12) as its core user base, gradually expanding to young adults (K12-30 years old). Driven by IP, it has successfully built an IP industry chain platform integrating animation, film, infant and toddler products, toys, trendy toys and figures, derivative licensing, and physical entertainment. The company is committed to building a cultural industry ecosystem centered on animation IP. The company's main businesses are divided into two major segments: IP Content Business and Physical Industry.

1. IP Content Business The company adheres to a development strategy centered on IP, continuously deepens its high-quality content creation system, and strengthens IP lifecycle management, aiming to create high-quality animation content for families worldwide. Over the years, the company has built a high-quality IP matrix covering all age groups, including but not limited to "Super Wings," "Pleasant Goat and Big Big Wolf," "Balala the Fairies," "Armor Hero," "Quantum Patrol," "Moyuum," "Boonie Bears," "Hurricane Warriors," and "Whirlwind." On one hand, the company focuses resources on consolidating its K12 content advantages and continuously improving its high-quality IP ecosystem. On the other hand, it promotes core IPs to younger demographics and the broader market, carrying out IP-focused content planning and creation for younger audiences, refreshing classic characters, and engaging in cross-generational operations. Through the redefinition of "childhood memories" as "cross-generational cultural symbols," it builds an IP industrial operation ecosystem and continuously unlocks IP value.

2. Physical Industry (1) Trendy Toy Business The company targets the trendy toy market for young consumers, focusing on the "Infinite Play" brand to operate and sell trendy toy products. The company has established in-depth cooperation with well-known enterprises such as miHoYo, NetEase, Tencent, and Paper Games. It has launched a diversified range of trendy toys based on well-known IPs, including blind boxes, stacking toys, and candy toys. "Infinite Play" aims to "enhance the playability of trendy toys" and focuses on the core category of "Infinite Play Stacking Toys," continuously consolidating its industry position, strengthening brand recognition, and enhancing user stickiness to provide users with a richer and more emotionally valuable product experience.