Important Notes, Directory, and Definitions
The Board of Directors and senior management of Guomai Cultural Media Co., Ltd. guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility. The person in charge of the company, Lu Jinbo, the head of accounting, Cai Yuru, and the head of the accounting institution (accounting supervisor), Cai Yuru, declare: they ensure the financial report in this annual report is true, accurate, and complete. All directors have attended the board meeting to review this report.
The company's performance loss and related risk warnings are as follows:
- The investment returns from film and television business did not meet expectations. The film projects the company invested in were adversely affected by market conditions, viewing demand, and industry competition, resulting in box office performance falling short of expectations, negatively impacting the company's operating performance during the reporting period.
- Early layout in key areas and increased investment in R&D, marketing, and talent reserves led to a rise in current expenses. During the reporting period, the company aimed to strengthen the long-term competitiveness of its core business by laying out key areas in advance and increasing investments in R&D, marketing, and talent reserves, resulting in higher current expenses. Such investments aim to build long-term competitive advantages, which may impact short-term performance but will provide strong support for future performance growth. The company has deeply recognized these issues and will continue to optimize product structure and business layout, actively taking measures to increase revenue and reduce costs, enhance efficiency, and optimize personnel structure, strengthening expense control and cost management, and striving to improve operational quality and profitability.
The forward-looking statements regarding future plans in this report do not constitute a substantive commitment to investors. Investors and related parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments. There are currently no significant risk factors that may severely adversely affect the company's production and operation status, financial status, and sustainable profitability. Investors are advised to pay attention to investment risks. The risks faced by the company and the corresponding measures are detailed in the "Section 3 Management Discussion and Analysis" under "11. Outlook for the Company's Future Development."
The profit distribution plan approved by the board of directors is as follows: based on 98,959,339 shares, a cash dividend of 0.18 yuan (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares (including tax), and a transfer of 0 shares from the capital reserve for every 10 shares to all shareholders.
Directory
- Important Notes, Directory, and Definitions ........................................................................... 2
- Company Profile and Key Financial Indicators ......................................................................... 7
- Management Discussion and Analysis ............................................................................... 11
- Corporate Governance, Environment, and Society ................................................................... 30
- Important Matters ....................................................................................... 47
- Changes in Shares and Shareholder Information ............................................................................. 60
- Bond-Related Information ................................................................................... 66
- Financial Report ....................................................................................... 67
Documents for Reference
- Financial statements signed and stamped by the legal representative, head of accounting, and head of the accounting institution;
- Original audit report stamped by the accounting firm and signed by the certified public accountant;
- All company documents publicly disclosed during the reporting period and original announcements;
- Original text of the annual report signed by the company's legal representative;
- Other relevant materials.