Shaw Brothers Holdings Limited 邵氏兄弟控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：953） NOTIFICATION LETTER 通知信函 Dear Non-Registered Holder(Note 1) , 29 September 2025 Shaw Brothers Holdings Limited (the "Company") - Notice of publication of 2025 Interim Report ("Current Corporate Communication") on the Company's website 如 閣下因任何理由無法以電子郵件方式收取或閱覽公司通訊的網站版本，及欲索取本次及將來公司通訊的印刷本，請填妥及簽署隨附之申請表 格，並以已預付郵費的郵寄標籤寄回本公司之香港股份過戶登記分處（「股份過戶登記分處」）卓佳證券登記有限公司，地址為香港夏慤道16號 遠東金融中心1 ...

Shaw Brothers Holdings Limited 邵氏兄弟控股有限公司 （Stock Code 股份代號：953） NOTIFICATION LETTER 通知信函 Dear Registered Shareholder, 29 September 2025 Shaw Brothers Holdings Limited (the "Company") – Notice of publication of 2025 Interim Report ("Current Corporate Communication") on the Company's website (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） The English and Chinese versions of the Company's Current Corporate Communications are now available on the Company's website at www.shawbrother ...

Financial Performance - Revenue for the first half of 2025 reached RMB 106,380 thousand, a significant increase of 734.6% compared to RMB 12,746 thousand in the same period of 2024[10] - The segment profit for films, series, and non-series was RMB 7,167 thousand, improving by 298.5% from a loss of RMB 3,611 thousand in the previous year[10] - The company reported a profit attributable to owners of RMB 7,040 thousand, a remarkable turnaround from a loss of RMB 110 thousand in the same period last year, representing a 6500.0% increase[10] - The company reported revenue of RMB 106,380,000 for the six months ended June 30, 2025, an increase of 734.6% from RMB 12,746,000 in the previous period[19] - Revenue from the film, series, and non-series segment surged to RMB 95,343,000, up 4102.0% from RMB 2,269,000 in the previous period[29] - The company achieved a segment profit margin of 7.5% in the film, series, and non-series segment, compared to a loss in the previous period[29] - The group recorded a profit of RMB 6,733,000 in the current period, compared to a loss of RMB 3,254,000 in the previous period, driven by the release of new series and participation in project productions[39] - The company reported a profit attributable to shareholders of RMB 7,040,000 for the six months ended June 30, 2025, compared to a loss of RMB 110,000 for the same period in 2024[102] Financial Position - The total assets decreased by 10.5% to RMB 458,540 thousand from RMB 512,559 thousand at the end of December 2024[10] - The total liabilities were reduced by 46.2% to RMB 56,876 thousand, down from RMB 105,767 thousand in December 2024[10] - The current ratio improved to 8.0 from 4.8, indicating a stronger liquidity position[10] - Cash and bank balances decreased from RMB 318,150,000 to RMB 284,908,000, indicating a stable financial position[48] - The company’s equity attributable to owners decreased to RMB 426,175,000 from RMB 430,508,000[85] - The company’s total liabilities decreased from RMB 105,021,000 to RMB 56,876,000, indicating improved financial stability[84] Market Trends - The Hong Kong film industry faced a 6% decline in total box office revenue in 2024, amounting to approximately HKD 1.34 billion[16] - The local film box office revenue surpassed Hollywood films for the first time since 2004, indicating a growing support for local productions[16] - The OTT market in Hong Kong is projected to grow at a compound annual growth rate (CAGR) of 4.6% over the next five years, driven by changing consumer habits[18] - The Hong Kong government invested a total of HKD 4.3 billion in 2023 to support the film industry through various funding programs[17] Operational Highlights - The series "The Enforcers" premiered in May 2025, achieving a peak viewership rating of 24.5 points and attracting approximately 1.58 million viewers in Hong Kong[26] - The company plans to start filming a new 22-episode series titled "Behind the Glamour" in 2025, featuring prominent actors[22] - The company is actively expanding partnerships with key business partners and investors in mainland China and the Asia-Pacific region to develop competitive film and television projects[26] - The company manages around 50 artists, including well-known actors and popular singers, enhancing its talent pool for various projects[24] Cost and Expenses - Sales cost increased significantly from RMB 2,921,000 in the previous period to RMB 79,224,000 in the current period, primarily due to the release of the series "The Enforcers" and associated production costs[31] - Other income and losses decreased by 20.5% from RMB 7,119,000 to RMB 5,663,000, mainly due to reduced interest income from bank deposits following interest rate cuts[32] - Selling and distribution expenses dropped by 85.0% from RMB 1,316,000 to RMB 198,000, attributed to a decrease in advertising and promotional activities for artist and event management[33] - Administrative expenses decreased by 22.7% from RMB 15,217,000 to RMB 11,769,000, due to a reduction in employee numbers and other operational costs[34] Investments and Assets - Investments in films, series, and non-series increased from RMB 55,250,000 to RMB 118,923,000, mainly due to new co-productions during the review period[40] - Trade receivables from third parties increased significantly from RMB 4,833,000 to RMB 28,707,000, primarily due to amounts receivable from the aired series "The Enforcers"[42] - Contract liabilities decreased by 69.1% from RMB 60,819,000 to RMB 18,778,000, mainly due to the airing of "The Enforcers" on the Youku platform[45] - The total trade receivables amounted to RMB 42,750,000 as of June 30, 2025, up from RMB 18,863,000 as of December 31, 2024[109] Shareholder Information - The company does not recommend the payment of an interim dividend for the six months ending June 30, 2025, consistent with the previous period[55] - As of June 30, 2025, Mr. Li Ruigang holds 425,000,000 shares, representing approximately 29.94% of the company's equity[64] - The total number of issued shares as of June 30, 2025, is 1,419,610,000[66] Compliance and Governance - The company has complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules during the review period[56] - The company has adopted the standard code for securities transactions by directors, confirming compliance by all directors during the review period[57] Employee and Management Compensation - The total compensation for directors and key management personnel for the six months ended June 30, 2025, was RMB 3,394,000, an increase from RMB 2,902,000 in the same period of 2024, representing a growth of approximately 17%[122] - Employee costs, including director remuneration, totaled RMB 8,524 thousand for the six months ended June 30, 2025, down from RMB 10,327 thousand in 2024, representing a decrease of approximately 17%[101] Foreign Exchange and Fair Value - The company experienced a foreign exchange loss of RMB 11,861,000 due to currency translation adjustments[85] - The fair value of private equity investments as of January 1, 2024, was RMB 24,960,000, with a fair value loss of RMB (25,809,000) reported by December 31, 2024[124] - The discount rate used for fair value measurement is 22.0% as of December 31, 2024, consistent with the previous year, indicating stable capital cost assumptions[123]

FF301 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8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: 邵氏兄弟控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 | 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) | 00953 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | 0 | | 本月底結存 | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,000,000 | 本月底法定/註冊股本總額： H ...

Core Viewpoint - Shaw Brothers Holdings (00953) reported a significant increase in revenue and profitability for the first half of 2025, indicating a strong recovery and growth in its operations [1] Financial Performance - Revenue reached approximately 106 million, representing a year-on-year increase of 734.6% [1] - Profit attributable to shareholders was 7.04 million, marking a turnaround from a loss to profit [1] - Earnings per share stood at 0.4959 cents [1] Operational Highlights - The improvement in performance is primarily attributed to the release of produced series and the group's involvement in series projects during the reporting period [1]

Group 1 - The core viewpoint of the article is that Shaw Brothers Holdings (00953) reported significant financial improvement in its mid-year results for 2025, with a revenue of approximately 106 million, representing a year-on-year increase of 734.6% [1] - The company achieved a profit attributable to shareholders of 7.04 million, marking a turnaround from a loss to profit compared to the previous year [1] - Earnings per share were reported at 0.4959 cents, indicating a positive shift in the company's financial performance [1] Group 2 - The improvement in performance is primarily attributed to the release of produced series during the reporting period and the company's involvement in various series projects [1]

Financial Performance - The total revenue for the review period reached RMB 106,380,000, a substantial increase of 734.6% from RMB 12,746,000 in the previous period[4] - The revenue from film, series, and non-series segments increased significantly by 4102.0% to RMB 95,343,000 compared to RMB 2,269,000 in the previous period[4] - The net profit attributable to the company's owners was RMB 7,040,000, a turnaround from a loss of RMB 110,000 in the previous period, representing a growth of 6500.0%[5] - Earnings per share for the review period was RMB 0.4959, compared to a loss per share of RMB 0.0077 in the previous period, marking an increase of 6540.3%[5] - The company achieved a gross profit of RMB 27,156,000, compared to RMB 9,825,000 in the previous period[7] - The group recorded a profit of RMB 6,733,000 for the period, compared to a loss of RMB 3,254,000 in the previous period, attributed to the release of series and participation in projects[58] Revenue Breakdown - Revenue from films, series, and non-series reached RMB 95,343,000, up from RMB 2,269,000 in the previous year[39] - The artist and event management segment revenue increased by 5.3% to RMB 11,037,000 from RMB 10,477,000 in the previous period[4] - Revenue from film, television, and non-dramatic productions reached RMB 87,019 thousand, compared to RMB 2,269 thousand in the previous year, indicating a growth of over 3,700%[15] - The group's revenue increased from RMB 12,746,000 to RMB 106,380,000, representing a growth of RMB 93,634,000 or 734.6% due to contributions from film, series, and artist management segments[47] Assets and Liabilities - The total assets decreased by 10.5% to RMB 458,540,000 from RMB 512,559,000 as of December 31, 2024[6] - Total liabilities decreased significantly by 46.2% to RMB 56,876,000 from RMB 105,767,000[6] - The net asset value as of June 30, 2025, was RMB 401,664 thousand, slightly down from RMB 406,792 thousand at the end of 2024, a decrease of about 1.3%[11] - The company’s cash and cash equivalents stood at RMB 284,908 thousand, a decrease from RMB 318,150 thousand at the end of 2024, representing a decline of approximately 10.4%[10] - The total trade and other payables decreased to RMB 25,993,000 as of June 30, 2025, from RMB 34,794,000 as of December 31, 2024, reflecting a reduction of approximately 25.4%[31] Investment and Production - The company’s investment in film, television, and non-dramatic productions amounted to RMB 118,923 thousand, significantly higher than RMB 55,250 thousand in the previous year, an increase of approximately 115.5%[10] - The group plans to produce 22 episodes of the series "Behind the Glamour" by 2025, featuring renowned actors, and aims to expand partnerships in mainland China and the Asia-Pacific region[45] - The production of the series "Behind the Glamour" is set to begin in 2025, featuring notable actors[3] - The group’s investment in films, series, and non-series increased from RMB 55,250,000 to RMB 118,923,000, mainly due to new co-productions and the recognition of costs related to co-produced series[59] Market and Industry Insights - The local film industry in Hong Kong achieved a significant milestone in 2024, with local productions surpassing Hollywood films in box office revenue for the first time since 2004[33] - The Hong Kong film industry is projected to grow at a CAGR of 4.46% from 2024 to 2029, outpacing the global average of 3.66%[34] - The OTT market in Hong Kong is expected to grow at a CAGR of 4.6% over the next five years, contributing to the overall growth of the entertainment and media industry[35] - The Hong Kong government invested a total of HKD 4.3 billion in 2023 to support the film industry, including initiatives to expand into the mainland market[34] Operational Efficiency - Total employee costs, including director remuneration, amounted to RMB 8,524,000 for the six months ended June 30, 2025, down from RMB 10,327,000 in 2024, reflecting a decrease of approximately 17.4%[24] - The number of employees decreased from 51 as of December 31, 2024, to 35 as of June 30, 2025, reflecting a reduction in workforce[72] - Administrative expenses decreased by 22.7% from RMB 15,217,000 to RMB 11,769,000, attributed to a reduction in employee numbers and lower operational costs[53] Dividends and Governance - The company did not recommend the payment of an interim dividend for the review period[5] - The company did not declare or recommend any dividends for the six months ended June 30, 2025, nor since the reporting period[27] - The company maintained compliance with the corporate governance code as per the listing rules during the review period[75] - The interim financial information for the review period was not audited but reviewed by external auditors[77]

Core Viewpoint - The company announced a change in its authorized representative and legal process agent, with the resignation of its executive director and the appointment of another executive director to the role [1] Group 1 - The company, Shaw Brothers Holdings (00953.HK), has announced that its executive director, Lok Yi Ling, will no longer serve as the authorized representative under the Hong Kong Stock Exchange Listing Rules [1] - Executive director Guo Jiong has been appointed as the new authorized representative and legal process agent for the company [1]

Group 1 - The company announced that effective from August 25, 2025, Ms. Lok Yi Ling will no longer serve as the authorized representative under the Hong Kong Stock Exchange Listing Rules Section 3.05 [1] - Mr. Gu Jiong has been appointed as the new authorized representative and legal process agent for the company [1]

Core Points - The company announced that effective from August 25, 2025, Ms. Lok Yi Ling will no longer serve as the authorized representative under the Hong Kong Stock Exchange Listing Rules and as the legal representative for receiving legal documents in Hong Kong [1] - Mr. Guo Jiong has been appointed as the new authorized representative and legal agent for the company [1]