Core Insights - Shao Yifu, known as the "King of Asian Entertainment," had a profound impact on the film industry, producing over a thousand films and establishing a vast entertainment empire in Hong Kong [1][22][24] - His life spanned significant historical events in China, and he is recognized for his contributions to both cinema and philanthropy, particularly in education [1][50][44] Group 1: Early Life and Career - Shao Yifu was born in 1907 in Ningbo, Zhejiang, and later moved to Shanghai for education [2] - His family was prominent in the paint business, but after his father's death, he and his brothers ventured into the nascent film industry, founding Tianyi Film Company in 1925 [3][4] Group 2: Business Challenges and Strategies - The Tianyi Film Company faced significant competition from established firms, leading to the "Liuhe Encirclement," a notable business conflict in Chinese film history [5][6] - Shao Yifu successfully expanded into the Southeast Asian market, establishing over 100 cinemas and a complete entertainment chain [6][8] Group 3: Establishment of Shaw Brothers Studio - After relocating to Hong Kong, Shao Yifu founded Shaw Brothers Studio in 1958, aiming to create a full industry chain encompassing production, distribution, and exhibition [16][19] - He invested heavily in building a film studio, purchasing land in Clearwater Bay, and implemented a strategy of attracting talent with better pay than competitors [20][22] Group 4: Impact on Film Industry - Shaw Brothers Studio produced over 40 films annually at its peak, with a significant audience reach, including over 2 million viewers weekly [22][24] - The studio's success shifted the focus of Hong Kong cinema from art films to commercial productions, particularly in the martial arts genre, influencing global cinema [24][26] Group 5: Transition to Television - In 1967, Shao Yifu co-founded Hong Kong Television Broadcasts Limited (TVB) to adapt to the changing entertainment landscape, eventually closing Shaw Brothers to focus on television [37][39] - TVB became a major player in the Hong Kong entertainment industry, producing numerous stars and popular series that resonated with audiences [39][41] Group 6: Philanthropy and Legacy - Shao Yifu established the Shaw Foundation in 1975, donating significantly to education and healthcare, with a focus on building schools across China [44][50] - His philanthropic efforts led to the establishment of over 6,000 "Yifu Buildings" in educational institutions, reflecting his commitment to social causes [44][47]

Group 1 - Silchester International Investors LLP reduced its stake in Television Broadcasts Limited (00511) by 1.2846 million shares at a price of HKD 4.2861 per share, totaling approximately HKD 5.5059 million [1] - After the reduction, the latest holding amount is 37.1432 million shares, representing a holding percentage of 7.95% [1]

Core Viewpoint - Silchester International Investors LLP has reduced its stake in Television Broadcasts Limited (00511) by selling 1.2846 million shares at a price of HKD 4.2861 per share, totaling approximately HKD 5.5059 million, resulting in a new holding of 37.1432 million shares, representing 7.95% of the company [1] Summary by Category - **Share Reduction**: Silchester International Investors LLP sold 1.2846 million shares of Television Broadcasts Limited [1] - **Transaction Details**: The shares were sold at a price of HKD 4.2861 each, amounting to a total of approximately HKD 5.5059 million [1] - **Current Holdings**: After the reduction, Silchester's remaining shares in the company are 37.1432 million, which corresponds to a holding percentage of 7.95% [1]

Group 1 - The core viewpoint of the articles highlights TVB's strong performance in the Hong Kong free-to-air television market, maintaining a leading viewership share of 79% in the second quarter [1] - TVB's advertising revenue is expected to grow in 2025, driven by the successful launch of advertising services targeting the Greater Bay Area, which has gained widespread recognition from advertisers [1] - The company held a promotional event in Guangzhou on June 12, 2025, showcasing its content matrix and strategic partnerships with major companies like Tencent and Huawei, laying a solid foundation for revenue growth in the next 12 to 18 months [1] Group 2 - In the OTT streaming business, the average monthly active users remain around 2 million, with significant growth in digital advertising revenue across the company's digital assets, attributed to the launch of the myTVSuper "TV 3.0" plan [2] - The company is actively producing multiple co-productions, including "News Queen 2" and "Themis," with plans to start production on "Rose War" in the third quarter of 2025 [2] - TVB has established film production centers in Shenzhen and Guangzhou, aiming to create a comprehensive industry chain from creative incubation to production, promoting cultural integration between Hong Kong and mainland China [3] Group 3 - TVB anticipates a continued improvement in EBITDA for the fiscal year ending December 31, 2025, with a positive outlook for net profit [3]

第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 電視廣播有限公司 | | | | 呈交日期: | 2025年8月6日 | | | | I. 法定/註冊股本變動 不適用 | | | | FF301 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00511 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 466,961,836 | | 0 | | 466,961,836 | | 增加 / 減少 (-) ...

Core Viewpoint - Television Broadcast (00511) has reported a strong performance in viewership and advertising revenue, indicating positive growth prospects for the company [1] Group 1: Viewership Performance - The company maintains a leading position in Hong Kong's free-to-air television market, with a combined viewership share of 79% across its flagship channel Jade Channel, 24-hour Wireless News Channel, and other channels [1] - The viewership performance reflects the company's strong brand presence and audience engagement in the region [1] Group 2: Advertising Revenue Growth - The overall revenue from advertising clients has shown an upward trend compared to the same period last year, driven by the increasing contribution from new advertising services in the Greater Bay Area outside Hong Kong [1] - The company anticipates that advertising revenue for the full year 2025 will increase compared to 2024, with the Greater Bay Area, including Guangdong Province and Macau, being the primary growth driver [1] Group 3: Financial Outlook - The company reaffirms its expectation for continuous improvement in EBITDA for the fiscal year ending December 31, 2025, and aims to achieve a positive net profit attributable to shareholders [1]

Core Viewpoint - Television Broadcast (00511) has reported a nearly 3% increase in stock price, reflecting positive market sentiment following the announcement of its leading viewership ratings and revenue growth from advertising clients [1] Group 1: Viewership and Market Share - The company maintains a leading position in Hong Kong's free-to-air television market, with a combined viewership share of 79% from its flagship channel Jade Channel, 24-hour Wireless News Channel, and other channels [1] - The viewership ratings have remained strong for the three months ending June 30, 2025, indicating robust audience engagement [1] Group 2: Revenue Growth - The overall revenue from advertising clients has shown an upward trend compared to the same period last year, driven by the increasing contribution from new advertising services in the Greater Bay Area outside Hong Kong [1] - The company anticipates that advertising revenue for the full year 2025 will increase compared to 2024, with the Greater Bay Area, including Guangdong Province and Macau, being the primary growth driver [1] Group 3: Financial Expectations - The company reaffirms its expectation for continuous improvement in EBITDA for the fiscal year ending December 31, 2025, along with achieving positive net profit attributable to shareholders [1]

格隆汇8月5日｜电视广播(0511.HK)(TVB)重申对截至今年12月底止年度EBITDA同比持续改善及实现正 数净利润的预期。公司公布，截至6月底止季度，翡翠台、24小时无线新闻台及其他频道的收视率合计 达到79%的市场份额。预计2025年全年的广告收入同比有所增长，而广东省和澳门在内的大湾区将是主 要的增长驱动力。 OTT串流业务方面，所有服务层级的平均每月活跃用户人数维持约200万。此外，不论是在追踪和订阅 人数上(截至本季度末，与一年前相比增长超过20%)，还是在获得的观看次数和互动量上，社交媒体影 响力持续增长。 ...

Core Viewpoint - The company leads in Hong Kong's free-to-air television ratings, with its flagship channel Jade Channel and others achieving a combined market share of 79% [1] Advertising Revenue - Hong Kong's free-to-air channel advertising revenue has increased year-on-year, with significant contributions from the Greater Bay Area advertising services [1] - The company anticipates overall advertising revenue growth in 2025, driven primarily by Guangdong Province and Macau [1] Strategic Partnerships - The company has signed memorandums of understanding with Tencent, Huawei, and others for promotional activities in the Greater Bay Area, laying the groundwork for future revenue [1] OTT Streaming Business - The average monthly active users for the OTT streaming service remain around 2 million, with continuous growth in social media influence, view counts, and interaction levels [1] - Digital advertising revenue maintains double-digit percentage growth, attributed to the free service tier launched under the "myTV Super" TV 3.0 initiative [1] Financial Outlook - The company reaffirms its expectation for continuous improvement in EBITDA year-on-year and achieving positive net profit for the fiscal year 2025 [1]

Core Viewpoint - The company reported an increase in overall revenue from advertising clients for the three months ending June 30, 2025, compared to the same period last year, driven by the growth of advertising services outside Hong Kong in the Greater Bay Area [1] Group 1: Advertising Revenue - The company anticipates that advertising revenue for the full year of 2025 will grow compared to 2024, with Guangdong Province and Macau in the Greater Bay Area being the main growth drivers [1] - Digital advertising revenue across digital assets maintained double-digit percentage growth compared to the same period in 2024 [1] Group 2: OTT Streaming Business - The average monthly active users for all service tiers in the company's OTT streaming business remained around 2 million, with a growth of over 20% in tracking and subscription numbers compared to a year ago [1] Group 3: Financial Expectations - The company reaffirmed its expectation for continuous improvement in EBITDA for the year ending December 31, 2025, and aims to achieve positive net profit attributable to shareholders [1]