Core Viewpoint - The company Huaxi Media announced a temporary suspension of trading for its shares on the Hong Kong Stock Exchange starting at 9 AM on November 12 [1] Group 1 - The trading halt is specifically for the company's stock, identified by the code 01003 [1]

Core Viewpoint - The shares of Huayi Brothers Media Corporation (01003.HK) will be suspended from trading starting at 9:00 AM on November 12, 2025 [1] Company Summary - Huayi Brothers Media Corporation announced the suspension of its shares trading [1]

Core Viewpoint - Recently, Huayi Media Group Limited announced the introduction of a new investor, C River Co, issuing approximately 500 million shares (15%) and around 1.9 billion warrants to this investor, raising approximately HKD 170 million and HKD 850 million (if the warrants are exercised) [1] Group 1: Investment and Financing - Huayi Media is raising funds through the issuance of approximately 500 million new shares, which represents 15% of the company [1] - The financing from the new investor includes approximately HKD 170 million from the new shares and up to HKD 850 million if the warrants are exercised [1] Group 2: Strategic Partnerships - Huayi Media has officially announced a deep strategic cooperation with Shanghai Jiyue Xingchen Intelligent Technology Co, focusing on data collaboration and joint exploration of large model technology in areas such as film creation, interactive entertainment, game development, and intellectual property derivatives [1] - The partnership will be established through a joint venture as a platform for strategic collaboration [1]

Core Insights - Recently, Huayi Media Group Limited announced the introduction of a new investor, C River Co, issuing approximately 500 million shares (15%) and around 1.9 billion warrants, raising approximately HKD 170 million and HKD 850 million (if the warrants are exercised) respectively [1] Group 1 - Huayi Media has entered into a deep strategic cooperation with Shanghai Jiyue Xingchen Intelligent Technology Co, focusing on data collaboration and joint exploration of large model technology in areas such as film and television creation, interactive entertainment, game development, and intellectual property derivatives [1]

欢喜传媒(01003)发布公告，于2025年11月11日，本公司与认购方C River Co订立股份认购协议，认购方 已有条件同意认购而本公司已有条件同意配发及发行5.48亿股认购股份，认购价约为每股认购股份0.30 港元。 认购方的最终实益拥有人为陈荣先生。认购方与认股权证认购方为同一主体。 认购价每股认购股份0.30港元较股份于2025年11月11日(即股份认购协议日期)联交所所报收市价每股 0.385港元折让约22.08%。 认购股份相当于本公司于本公告日期现有已发行股本约15.00%，并相当于经配发及发行认购股份扩大 后的本公司已发行股本约13.04%(假设自股份认购协议日期起至完成日期止，除悉数配发及发行认购股 份外，本公司的已发行股本概无变动)。 于2025年11月11日，本公司与认股权证认购方订立认股权证认购协议，本公司已同意在认股权证认购协 议的条件规限下按发行价每份认股权证0.01港元向认股权证认购方发行认股权证。 实际发行价每份认股权证0.45港元(即发行价每份认股权证0.01港元及行使价每股认股权证股份0.44港元 的总和)较：股份于最后交易日联交所所报的收市价每股0.385港元溢价约1 ...

Core Viewpoint - The company, Huaxi Media, has entered into a share subscription agreement with C River Co to issue 548 million shares at a subscription price of approximately HKD 0.30 per share, representing a discount of about 22.08% compared to the market price on the agreement date [1] Group 1: Share Subscription Agreement - The subscription price of HKD 0.30 per share is a discount of approximately 22.08% compared to the closing price of HKD 0.385 on the date of the agreement [1] - The shares to be issued represent about 15.00% of the existing issued share capital of the company as of the announcement date, and approximately 13.04% of the enlarged issued share capital post-issuance [1] Group 2: Warrant Subscription Agreement - The company has also entered into a warrant subscription agreement, agreeing to issue warrants at an exercise price of HKD 0.44 per share, with a total issuance price of HKD 0.45 per warrant [2] - The exercise price represents a premium of approximately 14.29% over the closing price of HKD 0.385 on the last trading day [2] - If all warrants are exercised, it will result in the issuance of up to 1.889 billion shares, which is about 51.66% of the existing share capital as of the announcement date [2] Group 3: Board's Perspective - The board believes that the subscription and warrant agreements are a good opportunity to raise additional funds for business operations and to expand the shareholder base [3] - The board asserts that the warrant subscription will not have an immediate dilution effect on existing shareholders, and the warrants do not bear interest [3] - The board considers that the combined approach of subscription and warrants will result in lower immediate dilution compared to issuing new shares alone [3]

Core Viewpoint - The company has entered into a strategic cooperation framework agreement with Shanghai Jiyue Xingchen Intelligent Technology Co., Ltd. to leverage strengths in the film and television industry and large model technology for collaborative projects in various entertainment sectors [1][2] Cooperation Content - Data Cooperation: The company will provide data for AI solutions and model training in the film industry, focusing on data system construction [2] - Model and Agent R&D: The partnership aims to advance core technologies in large models and agents for the film sector, establishing a mechanism for regular product and technical exchanges [2] - Scenario Cooperation: Joint exploration of AI solutions in new entertainment fields, including film creation, interactive entertainment, game development, and related intellectual property [2] - Joint Production and Creation: Utilizing AI technology for collaborative production of film content and diversified development of related intellectual property [2] - Resource Capital Cooperation: Exploring capital or resource collaboration to strengthen strategic partnerships in products and business [2] Strategic Benefits - The board believes that the collaboration will leverage competitive advantages, resources, and expertise, leading to mutually beneficial outcomes [2] - The partnership is expected to expand business opportunities, broaden revenue sources, reduce film production costs, and enhance financial performance [2] - The board views this cooperation as beneficial for the company's future development and in the overall interest of its shareholders [2]

Core Viewpoint - The company, Huaxi Media, has entered into a strategic cooperation framework agreement with Shanghai Jiyue Xingchen Intelligent Technology Co., Ltd. to leverage their respective strengths in the film and AI sectors, aiming to establish a joint venture for collaboration in various entertainment and technology fields [1][2]. Group 1: Cooperation Content - Data Cooperation: The company will provide data for AI solutions in the film industry, focusing on model training and optimization, and exploring data system construction [1]. - Model and Agent R&D: The partnership will advance the exploration and development of core technologies related to large models and agents in the film sector, establishing a mechanism for regular product and technical exchanges [1]. - Scene Cooperation: The collaboration will explore the implementation of AI solutions in new entertainment areas, including film creation, interactive entertainment, game development, and related intellectual property [1]. - Joint Production and Creation: The use of AI technology will facilitate joint production and creation of film content, as well as diversified development of related intellectual property [1]. - Resource Capital Cooperation: The parties will explore establishing capital or resource cooperation to strengthen their strategic partnership in products and business [1]. Group 2: Board's Perspective - The board believes that both parties can utilize their competitive advantages, resources, and expertise to establish a mutually beneficial partnership [2]. - The board is confident that this cooperation will expand business opportunities, broaden revenue sources, reduce film production costs, and enhance financial performance [2]. - The board considers the collaboration with Jiyue Xingchen beneficial for the company's future development and in alignment with the overall interests of the company and its shareholders [2].

本 公 告 僅 供 參 考 之 用，並 不 構 成 邀 請 或 要 約 任 何 人 士 收 購、購 買 或 認 購 本 公 司 任何證券。 （於百慕達註冊成立之有限公司） （股份代號：1003） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 (1)認購新股份； 及 (2)發行認股權證 (1) 認購新股份 於 二 零 二 五 年 十 一 月 十 一 日（交 易 時 段 後），本 公 司 與 認 購 方 訂 立 股 份 認 購 協 議，據 此，認 購 方 已 有 條 件 同 意 認 購 而 本 公 司 已 有 條 件 同 意 配 發 及 發 行548,470,854股認購股份，認購價約為每股認購股份港幣0.30元。 認購價每股認購股份港幣0.30元 較(i)股 份 於 二 零 二 五 年 十 一 月 十 一 日（即 股份認購協議日期）聯交所所報收市價每股港幣0.385元折讓約22.08%；及(ii) 股份於緊接股份認購協議日期前最後五個連續交易日聯交所 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：1003） 自願公告 有關訂立戰略合作框架協議書 本 公 告 乃 由 歡 喜 傳 媒 集 團 有 限 公 司（「本公司」，連 同 其 附 屬 公 司，統 稱「本集團」） 自願作出。 本 公 司 董 事（「董 事」）會（「董事會」）欣 然 宣 佈，於 二 零 二 五 年 十 一 月 十 一 日，本 公 司 與 上 海 階 躍 星 辰 智 能 科 技 有 限 公 司（「階躍星辰」）訂 立 戰 略 合 作 框 架 協 議 書（「該 協 議」），據 此，該 協 議 各 訂 約 方（各 稱「訂約方」，統 稱「雙 方」）擬 透 過 結 合 本 公 司 在 影 視 領 域 的 產 業 優 勢 及 階 躍 星 辰 在 大 模 型 領 域 的 專 業 能 力，在 影 視 創 作、互 動 文 娛、遊 戲 開 發、知 識 產 權 周 邊 衍 生 等 領 域 的 數 據 合 作 和 ...