002721SZSE

Special Explanation on the Company's Proposal Not to Distribute Profits for 2025

✨ AI Summary

The Board of Directors of Beijing Kingee Culture Development Co., Ltd. proposes not to distribute profits for 2025. This decision, unanimously approved by the board, is due to a projected net profit of CNY 28,782,336.17 and a significant projected loss of CNY -6,351,004,622.47 by year-end. The company aims to enhance business capabilities and ensure sustainable growth by retaining earnings.

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Full Translation

AI Translation· azure_openai

I. Review Procedure

(1) Review Situation of the Board Meeting

Beijing Kingee Culture Development Co., Ltd. (hereinafter referred to as "the Company") convened the 6th Board Meeting on April 15, 2026, to discuss the proposal "Regarding the Company's Proposal Not to Distribute Profits for 2025," and the results were approved unanimously.

II. Basic Situation of Profit Distribution

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