300770SZSE

Summary of the 2025 Annual Report

✨ AI Summary

This announcement provides a summary of Guangdong Southern New Media Co., Ltd.'s 2025 annual report, highlighting the company's financial performance and business operations. Key figures include a total revenue of approximately 1.63 billion yuan and a net profit attributable to shareholders of about 660 million yuan. The board approved a cash dividend of 7.00 yuan per 10 shares. Investors are encouraged to read the full report for comprehensive insights.

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Full Translation

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Important Notice

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 published in designated media by the CSRC. All directors attended the board meeting to review this report. The audit opinion from Guangdong Sinong Accounting Firm (Special General Partnership) on the company's financial report for the year is a standard unqualified opinion.

Profit Distribution Plan

The profit distribution plan reviewed and approved by the board during the reporting period is as follows: based on 227,838,591 shares, a cash dividend of 7.00 yuan (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares issued (including tax), and no shares will be transferred from capital reserves to shareholders.

Company Overview

  1. Company Profile

    • Stock Abbreviation: New Media Co., Ltd.
    • Stock Code: 300770
    • Stock Exchange: Shenzhen Stock Exchange
    • Contact Person:
      • Secretary of the Board: Yao Jun Cheng
      • Securities Affairs Representative: Yang Zhong Ping
    • Office Address: Room 401, Building 25, No. 686, Renmin North Road, Yuexiu District, Guangzhou
    • Fax: 020-26188472
    • Phone: 020-26188386
    • Email: newmedia_db1@gdsnm.net
  2. Main Business or Product Overview
    The company's main businesses include IPTV basic services, internet audio-visual services, content copyright services, and business operations. The company aims to build a leading internet audio-visual platform based in Guangdong and radiating nationwide, providing diverse content and comprehensive services around the "smart home" scenario, covering mainstream media channels such as IPTV, internet TV, and cable TV.

  3. IPTV Basic Services
    The company's IPTV basic services are based on the IPTV integrated broadcasting and control service license authorized in Guangdong, operating as the only IPTV integrated broadcasting and control sub-platform operator in Guangdong Province. During the reporting period, the IPTV basic services included collaborations with Guangdong Telecom, Guangdong Mobile, and Guangdong Unicom. These telecom operators are responsible for collecting basic viewing fees from users and then paying the company a share of the revenue.

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