300528SZSE

2025 Annual Environmental, Social, and Governance (ESG) Report of Happy Blue Ocean Film and Culture Group Co., Ltd.

✨ AI Summary

The 2025 ESG report outlines Happy Blue Ocean's commitment to sustainable development, highlighting its integration of ESG principles into corporate strategy. Key figures include a focus on high-quality content creation and green production practices. The report emphasizes the company's dual goals of achieving economic benefits while enhancing social and environmental outcomes, showcasing its dedication to cultural values and community engagement.

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Full Translation

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Contents

  1. Introduction
  2. Sustainable Development Governance
    • Sustainable Development Philosophy
    • Sustainable Development Strategy
    • Sustainable Development Framework
    • Topic Importance Assessment
    • Stakeholder Communication
  3. Executive Summary
  4. Social Performance
  5. Governance Performance
  6. Index
  7. Feedback

Introduction

Quality Assurance Information

The information and data disclosed in this report are sourced from the company's statistical reports and official documents, and have been reviewed by relevant departments. The company commits that this report contains no false records or misleading statements, and is responsible for the authenticity, accuracy, and completeness of its content.

Reporting Timeframe

The report is organized around "Happy Blue Ocean Film and Culture Group Co., Ltd." and covers the company and its subsidiaries. The reporting period is from January 1, 2025, to December 31, 2025 (hereinafter referred to as "the reporting period," "this year," or "2025"), with some content appropriately tracing historical data.

Report Publishing Cycle

The ESG report is an annual report published once a year.

Report Writing Standards

The report's data complies with national regulations such as the "Enterprise Accounting Standards" and "Enterprise Accounting System." The report references various guidelines, including the Shenzhen Stock Exchange's self-regulatory guidelines for listed companies and the Global Reporting Initiative Standards.

Disclaimer

You can download this report from the Shenzhen Stock Exchange website (www.szse.cn) or the Giant Tide Information Network (http://www.cninfo.com.cn).

Executive Summary

2025 marks the 20th anniversary of Happy Blue Ocean. Reflecting on our journey, we feel both pride and a deep sense of responsibility. As the first state-controlled film and culture company listed on the Growth Enterprise Market, we believe that our true value lies not only in our operational resilience and compliance but also in our commitment to cultural preservation, green development, and governance.

In the past year, the Chinese film industry has transformed amidst recovery and challenges. Happy Blue Ocean has integrated ESG principles into our new development strategy, aiming to achieve a dual effect of economic and social value. Our focus is on high-quality development, driven by three engines: content, digital intelligence, and ecology.

We aim to become a new type of film and culture group that balances social benefits with industrial value, ensuring sustainable competitiveness.

Sustainable Development Governance

Sustainable Development Philosophy

Happy Blue Ocean adheres to the philosophy of "Quality Blue Ocean, Creating Happiness," deeply integrating ESG principles into the entire film industry chain. Our core direction is "Casting Soul with Light and Shadow, Coexisting with Responsibility," prioritizing social benefits while achieving economic and environmental synergy.

Sustainable Development Strategy

The company promotes a "smart management" system through its self-developed NOC management platform, unifying control over nationwide cinemas and providing real-time analysis and decision support for scheduling and operational data.

Sustainable Development Framework

The company has established a comprehensive governance structure for sustainable development, clearly defining responsibilities and management processes to ensure the effective integration of sustainable development strategies into daily operations.

Topic Importance Assessment

The company conducts systematic assessments of ESG topics based on stakeholder feedback and expert consultations, identifying and prioritizing issues based on their financial significance and impact on stakeholders.

Stakeholder Communication

Happy Blue Ocean values communication with stakeholders, establishing stable platforms for feedback and interaction to ensure mutual development and win-win outcomes in core business areas.

Social Performance

Content Leadership and Value Co-Creation

The company has established a closed-loop management mechanism for content creation, focusing on mainstream values and significant themes to enhance social impact and cultural transmission.

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