Specialized Audit Report on Deductions from Operating Revenue for 2025
Prepared by: Cewen Media Co., Ltd.
Item Amount (RMB Ten Thousand) Deduction Details Amount (RMB Ten Thousand) Deduction Details Operating Revenue 39,785.97 36,605.06 Total Deductions from Operating Revenue 57.45 71.32 Proportion of Total Deductions to Operating Revenue 0.14% 0.19% I. Revenue Unrelated to Principal Business
- Other business revenue outside normal operations. Such as revenue from leasing fixed assets, intangible assets, packaging materials, sales of materials, and revenue from asset swaps for non-monetary assets, as well as revenue that is included in principal business revenue but is outside the company's normal operations. Rental of premises and buildings, etc. 57.45 71.32 Rental of premises and buildings, etc.
- Revenue from quasi-financial businesses without qualifications. Such as interest income from lending funds; revenue generated from quasi-financial businesses newly added in the current and prior accounting periods, such as revenue formed from guarantees, commercial factoring, micro-loans, and financial leasing, excluding revenue from financial leasing for the purpose of selling main products.
- Revenue generated from trade businesses newly added in the current and prior accounting periods.
- Revenue generated from related party transactions unrelated to the company's current principal business operations.
- Revenue of subsidiaries from a business combination under common control from the beginning of the period to the date of acquisition.
- Revenue generated from business activities that have not formed or cannot form a stable business model. Subtotal of Revenue Unrelated to Principal Business 57.45 71.32 II. Revenue Without Commercial Substance
- Revenue from transactions or events that do not significantly change the risk, time distribution, or amount of future cash flows of the enterprise.
- Revenue generated from transactions without genuine business substance. Such as fictitious revenue realized through self-dealing, or fictitious revenue constructed through internet technology or other methods. The company has no revenue without commercial substance.
- Revenue generated from transactions with significantly unfair prices.
- Revenue generated from subsidiaries or businesses acquired in the current accounting period through significantly unfair consideration or non-transactional methods.
- Revenue related to non-standard audit opinions.
- Revenue generated from other transactions or events without commercial reasonableness. Subtotal of Revenue Without Commercial Substance III. Other Revenue Unrelated to Principal Business or Without Commercial Substance Net Operating Revenue 39,728.52 36,533.75 Legal Representative: Zhou Min Chief Accountant: Du Li Min Chief Financial Officer: Du Li Min