如果你有志于投身国际传播事业，成为主播、主持人、出镜记者，不要迟疑，机遇之门将再次 为你打开。 2025 年 6 月，由凤凰卫视倾力打造的《发现新主播》第二季向全球发出"英雄帖"。选拔中脱 颖而出的选手， 将有机会加入凤凰卫视，在北京、香港或海外一展才华。 巅峰对决。 "选拔环节充满挑战，考验选手的形象、知识储备量、现场应变力、语言表现力以及团队协同 力。"该项目一位负责人表示，"和第一季相比， 这一季我们更看重'新'——充满活力的新人， 不失传统媒体底蕴又符合新媒体特质的主持风格， 考核题目和形式也力求推陈出新。" 据悉，《发现新主播》第二季选拔已得到北京大学、清华大学等多所知名高校的积极反响和鼎 力支持。 参加 2024 年《发现新主播》第一季的 900 多位竞争者中， 已有多人在凤凰卫视节目中担纲 主持，其中 2 位优秀选手正式入职。 在第一季的基础上，《发现新主播》进行了全面升级。第二季将设置四个专场： 社会专场、大 湾区专场以及两个高校专场 ，每个专场包含海选、复选和终选，终选优胜者将进入"总决选"的 "发现新主播"第一季网络传播总量接近 10 亿。第二季选拔行动将继续得到凤凰卫视新媒体矩 阵全力宣 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of HK$1.2 billion, representing a 15% year-over-year growth[5]. - The company has set a future revenue guidance of HK$1.5 billion for the next fiscal year, indicating a projected growth of 25%[5]. - The revenue for the year ended December 31, 2024, was approximately HK$2,235,129,000, representing a decrease of 9.4% compared to HK$2,467,957,000 for the year ended December 31, 2023[23]. - Operating costs decreased by 10.6% to approximately HK$2,480,430,000 for the year ended December 31, 2024, down from HK$2,773,698,000 in the previous year[23]. - The operating loss decreased to approximately HK$245,301,000 for the year ended December 31, 2024, a reduction of 19.8% from HK$305,741,000 in 2023[24]. - The loss attributable to owners of the Company decreased to approximately HK$252,605,000 for the year ended December 31, 2024, a decrease of 2.5% from HK$258,989,000 in 2023[25]. - Television broadcasting revenue was HK$878,438,000 for the year ended December 31, 2024, down from HK$917,570,000 in 2023[30]. - Internet media revenue remained stable at HK$777,270,000 for the year ended December 31, 2024, compared to HK$778,797,000 in 2023[30]. - Outdoor media revenue decreased significantly to HK$459,889,000 for the year ended December 31, 2024, from HK$598,055,000 in 2023[30]. Strategic Initiatives - New product launches, including a premium subscription service, are expected to contribute an additional HK$200 million in revenue[5]. - A strategic acquisition of a local media company was completed, enhancing content diversity and expected to generate HK$100 million in synergies[5]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in regional audience by the end of 2025[5]. - Investment in new technology for content delivery is projected to reduce operational costs by 10% over the next two years[5]. - The board of directors has approved a share consolidation plan, effective February 20, 2024, to enhance share value[10]. Awards and Recognition - The company received multiple awards for excellence in media production, enhancing its brand reputation[5]. - Phoenix TV has been recognized among "Asia's 500 Most Influential Brands" and "China's 500 Most Valuable Brands," maintaining its position as one of the top four Asian television brands[38]. - Phoenix TV's program "Abandoned Life" won the gold award in the Social Justice Promotion Category at the 2024 New York International Festivals[38]. - The company has won multiple awards at the 2024 Promax Asia Awards and Asian Television Awards, reflecting its world-class production standards[38]. - Phoenix TV was honored with multiple awards at the 2024 New York Festivals TV & Film Awards, marking the 13th consecutive year of recognition for its program production quality[139]. - Phoenix TV won the gold award for Best Promo For a Streaming Service and the silver award for Best Public Service Announcement at the 2024 Promax Asia Award[170]. - Phoenix TV received the inaugural Belt and Road International Cooperation Award at the International Finance Forum for its participation in international cooperation projects[166]. - Phoenix TV received an Honourable Mention Excellence in ESG at the Hong Kong Corporate Governance and ESG Excellence Awards[173]. Audience Engagement - User engagement metrics showed a 20% increase in viewership across all platforms, with a notable rise in mobile app usage[5]. - Phoenix TV has a global audience exceeding 2 billion, with over 500 million television viewers and more than 200 million overseas new media audience[36]. - The Hong Kong Channel was officially launched on Channel 85, reaching 1.03 million residents across 100 communities in Hong Kong[36]. - Phoenix TV's internet media platform, IFENG News App, maintains industry leadership with a user base exceeding 55 million and high engagement rates, bolstered by major event coverage[46]. - "Phoenix Weekly" has a total user base exceeding 55 million, with over 20 million users on Douyin and WeChat Channels, enhancing its advertising bargaining power[49]. Corporate Social Responsibility - Environmental, social, and governance (ESG) initiatives are being prioritized, with a commitment to reduce carbon emissions by 15% by 2026[5]. - Phoenix TV has received the ESG Excellence Award for two consecutive years, demonstrating its commitment to corporate social responsibility[42]. - The company collaborated with China Resources Group to donate educational courseware to 1,007 schools in Hong Kong, showcasing its dedication to sustainable development[42]. - The "You Bring Charm to the World Award Ceremony" recognized outstanding Chinese individuals, celebrating their contributions across various fields[72]. - The award ceremony has evolved into an annual event showcasing the excellence of the Chinese community and fostering cultural exchanges[74]. Content Innovation - The company is committed to focusing on its main media business and innovative development, with a goal of building a leading Chinese-language media group[32]. - Phoenix TV's new programming includes a variety of self-produced cultural documentaries and financial programs, enhancing local content offerings[63]. - The launch of the documentary film "Hong Kong Nature Stories" and the Young Filmmakers Project reflects the company's commitment to content innovation and cultural promotion[56][57]. - The newly launched Phoenix Hong Kong Channel broadcasts in both Mandarin and Cantonese, featuring a 90-minute prime-time Cantonese news segment and various self-produced cultural documentaries[61][62]. - Phoenix TV's focus on international broadcasting and content innovation supports broader commercial expansion and enhances its core competitiveness[45][50]. International Expansion - The company organized the Global Development Forum for Enterprises in Jakarta, Indonesia, enhancing its international broadcasting platform[41]. - Phoenix TV successfully launched its international event brand, Phoenix Go Glocal, during the 19th ASEAN Marketing Summit in Jakarta, Indonesia, aimed at supporting the global development of Chinese and foreign enterprises[115]. - The strategic partnership with Hong Kong Generative AI Research and Development Center aims to create a high-quality multilingual dataset and enhance generative AI technology's understanding of Chinese culture[64]. - The collaboration with HKGAI significantly enhances the data scale of high-quality Chinese language materials, particularly in Cantonese and Traditional Chinese[65]. - Phoenix TV continues to deepen its integrated marketing linkage mechanism, providing diverse and customized media products to enhance operational efficiency[45][47]. Events and Forums - The 2024 Phoenix Financial Forum for The Greater Bay Area was held from September 2 to 4, focusing on critical economic issues and growth opportunities in the new economic landscape[84]. - The forum featured discussions on global economic trends and opportunities for growth, attended by key leaders and experts[85]. - The Greater Bay Area Film Concert 2024 was organized by Phoenix TV, showcasing cultural integration through film and music[92][93]. - During COP29, Phoenix TV shared its new practices in climate communication and promoted the "CarbonSpeak" project at the China Pavilion's Side Event[107][108]. - Mr. Xu Wei highlighted the role of Phoenix TV in building dialogues amid conflicts, emphasizing the importance of understanding and cooperation[110].

Financial Performance - Revenue for the year ended December 31, 2024, was approximately HKD 2,235,129,000, a decrease of 9.4% compared to HKD 2,467,957,000 for the year ended December 31, 2023[5] - Operating loss for the year ended December 31, 2024, decreased to approximately HKD 245,301,000, down 19.8% from HKD 305,741,000 for the year ended December 31, 2023[5] - Loss attributable to owners of the company decreased to approximately HKD 252,605,000, a reduction of 2.5% compared to HKD 258,989,000 for the year ended December 31, 2023[5] - The group's revenue for the year ended December 31, 2024, was approximately HKD 2,235,129,000, a decrease of 9.4% compared to HKD 2,467,957,000 for the year ended December 31, 2023[17] - Operating costs decreased by 10.6% to approximately HKD 2,480,430,000 for the year ended December 31, 2024, down from HKD 2,773,698,000 in the previous year[17] - The company's total revenue for the year ended December 31, 2024, was HKD 2,235,129, a decrease of 9.4% compared to HKD 2,467,957 in 2023[59] - Operating expenses for the same period were HKD 2,109,838, down from HKD 2,327,760 in 2023, reflecting a reduction of 9.4%[59] - The net loss for the year was HKD 295,752, an improvement from a net loss of HKD 334,694 in 2023, indicating a decrease in loss of approximately 11.6%[61] - Basic and diluted loss per share for the year was HKD 50.59, slightly improved from HKD 51.86 in the previous year[59] - Total revenue for the group decreased from HKD 2,467,957 thousand in 2023 to HKD 2,235,129 thousand in 2024, a decline of approximately 9.4%[72] Audience and Brand Development - The company has a global audience exceeding 2 billion, with over 500 million television viewers and more than 200 million overseas new media audiences[7] - The company launched a new service on the free television platform in Hong Kong, providing international news services to local and global Cantonese-speaking audiences[7] - The company is set to complete a comprehensive rebranding of its six satellite TV channels by January 1, 2025, enhancing its international communication capabilities[7] - The company has been recognized in the "Asia's 500 Most Valuable Brands" and "China's 500 Most Valuable Brands" lists, highlighting its brand value in the media and cultural sectors[9] - The company actively promotes international exchange platforms and has initiated several international events to enhance cultural influence and attract investment[10] - The company successfully launched multiple international content marketing cases, including projects related to the "Paris Olympics," enhancing its brand influence[14] Operational Changes and Investments - The company plans to continue integrating existing businesses while seeking new opportunities to enhance its operations[39] - The company increased its equity interest in Phoenix New Media to 55.04% as of December 31, 2024, from 54.68% the previous year due to the repurchase of 78,396 American Depositary Shares[29] - The company has no significant investments that constitute 5% or more of total assets as of December 31, 2024[38] - The company has not issued or exercised any share options under its share option scheme during the year[35] - The company has adopted its own corporate governance code, aligning with the majority of the corporate governance code provisions set out in the Hong Kong Stock Exchange listing rules[43] Financial Position and Liabilities - As of December 31, 2024, the company's cash and short-term bank deposits totaled approximately HKD 2,130,672,000, an increase from HKD 1,709,596,000 as of December 31, 2023[30] - The company's total outstanding borrowings amounted to approximately HKD 148,670,000, a decrease from HKD 210,759,000 as of December 31, 2023[30] - The capital debt ratio as of December 31, 2024, was 72.7%, down from 79.0% as of December 31, 2023[30] - The company employed 2,535 staff as of December 31, 2024, down from 2,704 staff the previous year, with total employee costs decreasing to approximately HKD 1,088,734,000 from HKD 1,203,854,000[37] - Total assets as of December 31, 2024, were HKD 5,832,803, a decrease from HKD 6,690,395 in 2023, representing a decline of 12.8%[63] - Total equity decreased from HKD 4,170,448 thousand in 2023 to HKD 3,756,241 thousand in 2024, a decline of approximately 10%[65] - Total liabilities decreased from HKD 2,519,947 thousand in 2023 to HKD 2,076,562 thousand in 2024, a reduction of about 17.6%[65] - The company reported a significant reduction in lease liabilities from HKD 578,616 thousand in 2023 to HKD 312,243 thousand in 2024, a decrease of about 46%[65] Dividend and Future Outlook - The company does not recommend declaring a final dividend for the year ending December 31, 2024, consistent with the previous year where no dividend was declared[26] - The company plans to release its 2024 annual report around April 24, 2025[56] - The audit committee has reviewed the financial results for the year and confirmed alignment with the draft financial statements[53] - The company continues to monitor changes in tax regulations in China that may affect its tax liabilities[81]

付费服务收入7310万元（约合1000万美元），同比增长0.6%。 净亏损5360万元（约合730万美元）。 公司预计2025年第一季度总收入为1.471亿元到1.621亿元。广告净收入预期为1.121亿元到1.221亿元。付 费服务收入预期为3500万元到4000万元。 校对：赵燕 凤凰卫视发布公告，其在美国上市的非全资附属公司凤凰新媒体有限公司（纽约证券交易所代码： FENG）已于2025年3月12日发布了2024年第四季度及全年未经审计的财务业绩。 2024年第四季度总收入人民币2.181亿元（约合2990万美元），同比增长3.0%。广告净收入1.89亿元 （约合2590万美元），同比下降4.1%。付费服务收入2910万元（约合400万美元），同比增长96.6%， 主要由于数字阅读业务增长。净亏损360万元（约合50万美元）。非美国通用会计准则净收益810万元 （约合110万美元）。 2024年总收入7.037亿元（约合9640万美元），同比增长1.7%。广告净收入6.306亿元（约合8640万美 元），同比增长1.8%。 ...

Financial Performance - The interim report covers the six-month period ending June 30, 2024[6]. - The Group's total revenue for the six months ended 30 June 2024 was approximately HK$1,042,746,000, representing a decrease of 8.0% compared to HK$1,133,077,000 for the same period in 2023[9]. - The operating loss for the Group decreased to approximately HK$181,804,000, a reduction of 33.6% from HK$273,959,000 in the previous year[9]. - The loss attributable to owners of the Company increased to approximately HK$184,457,000, which is an increase of 42.8% from HK$129,158,000 in the previous year[9]. - Basic and diluted loss per share for the period was HK$36.94, compared to HK$25.86 in the same period last year[32]. - The Group reported a loss for the period amounting to HK$211,458, which includes a loss of HK$184,457 attributable to owners of the Company[93]. - Total comprehensive expense for the period amounted to HK$307,728, significantly higher than HK$83,589 in the previous year[87]. Revenue Breakdown - Television broadcasting revenue for the six months ended 30 June 2024 was HK$382,584,000, down from HK$409,250,000 in 2023[12]. - Internet media revenue decreased to HK$353,308,000 from HK$373,400,000 in the same period last year[12]. - Outdoor media revenue declined to HK$245,565,000 from HK$265,923,000 in the previous year[12]. - The revenue of the internet media business decreased by 5.4% to approximately HK$353,308,000 for the six months ended 30 June 2024, compared to HK$373,400,000 for the same period in 2023[33]. - The revenue from Phoenix Chinese Channel and Phoenix InfoNews Channel increased by 6.8% to approximately HK$271,049,000, accounting for 26.0% of the total revenue[32]. Cost Management - The Group implemented effective cost control measures, particularly in staff costs, to mitigate the impact of revenue decline[9]. - Employee benefit expenses totaled HK$537,808,000, down from HK$602,301,000, reflecting a reduction of approximately 10.7%[135]. - The company incurred production costs of self-produced programmes totaling HK$67,523,000, a decrease from HK$80,273,000, reflecting cost management efforts[135]. Shareholder Information - The company underwent a share consolidation effective February 20, 2024, converting every ten shares of par value HK$0.10 into one consolidated share of par value HK$1.00[8]. - The Group does not recommend the payment of interim dividends for the Period, consistent with the previous year where the interim dividend was also Nil[33]. - The total number of issued shares was adjusted to 499,365,950 as a result of share consolidation effective on February 20, 2024[66]. Corporate Governance - The report outlines the corporate governance practices in accordance with the Corporate Governance Code[3]. - The Company has complied with the Corporate Governance Code throughout the period up to June 30, 2024, except for certain deviations[76]. - The Board consists of two Executive Directors, four Non-executive Directors, and four Independent Non-executive Directors as of the report date[84]. - The Company has adopted a code of conduct for securities transactions by Directors and confirmed compliance throughout the period[79]. Risk Management - The report emphasizes the importance of risk management and includes a risk management committee[6]. - The Group's activities expose it to various financial risks, including market risk, credit risk, and liquidity risk[103]. - There have been no significant changes in the risk management department or policies since year-end[103]. Operational Strategies - The company aims to enhance shareholder value through strategic initiatives and market expansion[5]. - The company continues to enhance its core competitiveness in content and marketing strategies to adapt to market changes and improve operational efficiency[30]. - The company plans to continue consolidating existing businesses while exploring new business opportunities to enhance its operations[46]. Employee and Training Initiatives - The Group offers occupational training and has subsidy plans for staff training to enhance employee skills and knowledge[42]. - The Company maintains an employee-oriented policy with competitive salaries and benefits to attract and retain talent[42]. Financial Position - The Group's gearing ratio increased to 89% as at 30 June 2024, up from 79% as at 31 December 2023[39]. - The Group's bank deposit in PRC was approximately HK$213,800,000 as at 30 June 2024, down from HK$219,620,000 as at 31 December 2023, which was pledged to secure bank borrowing[40]. - As of June 30, 2024, total liabilities increased to HK$2,624,340 as of June 30, 2024, compared to HK$2,519,947 as of December 31, 2023, reflecting an increase of approximately 4.14%[92]. Investments and Acquisitions - There were no significant investments held by the Group as of June 30, 2024, with no individual investment contributing 5% or more of the Group's total assets[44]. - The company has not disclosed any new product developments or market expansion strategies during the reporting period[62]. - There were no significant mergers or acquisitions reported during the period[62]. Future Outlook - The company did not provide specific future performance guidance or outlook in the available documents[62]. - The Group is currently assessing the impact of new standards and amendments that are not yet effective for the financial year ending December 31, 2024[101].

Financial Performance - The company's revenue for the six months ended June 30, 2024, was approximately HKD 1,042,746,000, a decrease of 8.0% compared to HKD 1,133,077,000 for the same period in 2023[1] - Operating loss decreased to approximately HKD 181,804,000, down 33.6% from HKD 273,959,000 in the previous year[1] - Loss attributable to owners increased to approximately HKD 184,457,000, representing a 42.8% increase from HKD 129,158,000 in the same period last year[1] - The total revenue for the group was approximately HKD 1,042,746,000 for the six months ended June 30, 2024, a decrease of 8.0% compared to HKD 1,133,077,000 for the same period last year[6] - The loss attributable to shareholders increased to approximately HKD 184,457,000, a 42.8% increase from HKD 129,158,000 in the previous year[6] - The net loss for the period was HKD (211,458), slightly higher than the loss of HKD (209,209) in the same period last year, representing a 1.1% increase in loss[36] - Basic and diluted loss per share for the period was HKD (36.94), compared to HKD (25.86) for the same period in 2023, indicating a significant increase in loss per share[35] - The company reported a total comprehensive expense of HKD (307,728) for the six months ended June 30, 2024, compared to HKD (83,589) for the same period in 2023, showing a significant increase in losses[39] - The company's retained earnings as of June 30, 2024, were HKD 913,977, down from HKD 1,222,280 as of June 30, 2023, representing a decrease of approximately 25.3%[40] - The company reported a loss attributable to owners of HKD 184,457,000 for the period ending June 30, 2024, compared to a loss of HKD 129,158,000 for the same period last year, reflecting a significant increase in losses[67] Revenue Breakdown - Internet media revenue decreased by 5.4% to approximately HKD 353,308,000, with a classification loss of about HKD 28,513,000[10] - Outdoor media revenue decreased by 7.7% to approximately HKD 245,565,000, with a classification loss of about HKD 4,687,000[11] - The company’s revenue from television broadcasting for the main channel is HKD 271,049,000 for the period ending June 30, 2024, compared to HKD 253,868,000 for the same period last year, showing an increase of 6.76%[67] - Revenue from services charged to China Mobile Group was HKD 2,087,000 for the six months ended June 30, 2024, down 55.0% from HKD 4,623,000 in the same period of 2023[93] Operational Developments - The launch of Phoenix TV's Hong Kong channel on April 22, 2024, marked a significant breakthrough in broadcasting coverage across Hong Kong[2] - The Phoenix Express service was launched on May 15, 2024, covering approximately 1.03 million residents across 100 communities in Hong Kong[2] - The company aims to enhance international communication capabilities through innovative content products and collaboration with AI platforms[3] - The company continues to promote sustainability initiatives, donating educational materials to 1,007 schools in Hong Kong[3] - The company has been recognized as a leader in sustainable media development by the Hong Kong Listed Companies Association[3] Financial Position - The group's cash and bank deposits totaled approximately HKD 1,646,940,000 as of June 30, 2024, down from HKD 1,709,596,000 as of December 31, 2023, while structured deposits classified as financial assets at fair value through profit or loss increased to approximately HKD 524,445,000 from HKD 461,498,000[14] - The total outstanding borrowings amounted to approximately HKD 366,650,000 as of June 30, 2024, compared to HKD 210,759,000 as of December 31, 2023, resulting in a capital debt ratio of 89% as of June 30, 2024, up from 79%[14] - The group employed 2,641 staff as of June 30, 2024, a decrease from 2,704 staff as of December 31, 2023, with employee costs reduced to approximately HKD 537,808,000 from HKD 602,301,000 year-on-year[18] - Total assets as of June 30, 2024, were HKD 6,487,695, a decrease of 3.0% from HKD 6,690,395 as of December 31, 2023[37] - Total liabilities increased to HKD 2,624,340 as of June 30, 2024, compared to HKD 2,519,947 as of December 31, 2023, reflecting an increase of about 4.15%[38] Risk Management - The company operates in a market with various financial risks, including foreign exchange risk and liquidity risk[50] - The company continues to monitor and manage foreign exchange risks primarily arising from USD and RMB, considering the use of forward currency contracts as a management tool[15] - The company has not made any significant changes to its risk management policies since the year-end date[50] Investments and Acquisitions - The group has no significant investments as of June 30, 2024, with no individual investment constituting 5% or more of the total assets[20] - The group has not engaged in any significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the reporting period[13] - The company has not issued or exercised any share options under its share option scheme during the reporting period[17] Future Outlook - The company plans to issue its interim report by September 30, 2024, to shareholders[34] - The company expects to receive certain licenses for its new media subsidiaries in the near future, which may enhance its operational capabilities[77] - The group plans to continue integrating existing businesses while seeking new opportunities to enhance synergy with current operations, considering various financing methods when opportunities arise[21]

Media Initiatives and Projects - The Hong Kong Nature Stories project launched the city's first nature-themed documentary series on October 28, 2023, consisting of 12 episodes showcasing Hong Kong's natural beauty across six major scenarios[5]. - The project aims to enhance awareness of Hong Kong's biodiversity among students through a school series, fostering a deeper understanding and appreciation of the natural environment[6]. - A strategic cooperation agreement was signed with the Hangzhou Asian Games Organizing Committee on June 17, 2023, to jointly broadcast the 19th Asian Games globally, enhancing the event's international reach[7]. - The Greater Bay Area Film Concert 2023 took place on June 29, featuring over a hundred filmmakers and musicians, promoting the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area[13]. - The You Bring Charm to The World Award Ceremony was held on July 8, 2023, recognizing outstanding contributions by Chinese individuals globally, with live streaming across multiple platforms[20]. - The award ceremony has been conducted fourteen times since its inception in 2007, becoming a significant event for promoting international communication within the Chinese community[20]. - The 2023 Phoenix Star Best Listed Companies in Hong Kong awarded 13 companies across 9 categories, including Best Listed Company and Best New Stock, based on scores from expert judges and votes from 1.45 million netizens[31]. - The New Space, New Drive – Phoenix Financial Forum for the Greater Bay Area 2023 gathered nearly 60 guests from political, business, and academic fields, discussing the fundamentals of the Bay Area's growth and China's economic development[29]. - The forum emphasized Phoenix TV's commitment to expanding its platform internationally, starting with finance to promote Chinese culture and facilitate exchanges between China and other nations[33]. - The 2023 Zero-Carbon Mission International Climate Summit hosted nearly 80 guests, including ambassadors and representatives from various countries, focusing on global cooperation for a sustainable future ahead of COP28[43]. Awards and Recognition - The 2023 Annual Report highlights Phoenix TV's role as the largest overseas Chinese media group, promoting cultural exchange and dialogue between China and the international community[24]. - The 2023 Annual Highlights document outlines significant events and initiatives undertaken by Phoenix TV to enhance its global presence and cultural influence[26]. - The forum received support from the China Association for Public Companies and the Drucker School of Management, showcasing collaboration with authoritative media[29]. - Phoenix TV was recognized as one of China's 500 Most Valuable Brands for 20 consecutive years, ranking among the top 4 in the media industry in 2023[94][96]. - Phoenix TV won 2 Gold Awards at the 7th Business Journalism Awards, including Best Business & Finance Profile Interview and Best Greater Bay Area Business News Reporting[89][90]. - Phoenix TV received multiple awards at the 2023 New York Festivals TV & Film Awards, marking the 12th consecutive year of recognition[82][85]. - The Asia's 500 Most Influential Brands report ranked Phoenix TV 124th, highlighting its influence in Asia for 18 consecutive years[100][102]. - Phoenix TV's program production earned international recognition, with awards in various categories including human rights and investigative news coverage[83][85]. - The company has been actively involved in promoting social responsibility by creating employment opportunities for disadvantaged groups[113]. - The awards received by Phoenix TV reflect its commitment to quality and creativity in the television and film industry[117]. Financial Performance - Revenue for the year ended December 31, 2023, was approximately HK$2,467,957,000, representing a decrease of 17.8% compared to HK$3,003,733,000 for the year ended December 31, 2022[186]. - The operating loss decreased to approximately HK$305,741,000 for the year ended December 31, 2023, a reduction of 19.2% from HK$378,620,000 in the previous year[186]. - The net exchange loss for the year ended December 31, 2023, was approximately HK$4,868,000, significantly lower than HK$113,011,000 for the year ended December 31, 2022[186]. - Loss attributable to owners of the Company decreased to approximately HK$258,989,000, a decrease of 32.4% from HK$383,340,000 in the previous year[186]. - Operating costs for the year ended December 31, 2023, decreased by 18.0% to approximately HK$2,773,698,000, down from HK$3,382,353,000 in 2022[186]. - Total revenue from television broadcasting, internet media, and outdoor media was HK$2,294,422,000 for the year ended December 31, 2023, compared to HK$2,796,550,000 in 2022, reflecting a decline[189]. - The fair value loss on investment properties was approximately HK$34,285,000 for the year ended December 31, 2023, compared to HK$6,276,000 in the previous year[189]. - Basic loss per share for the year ended December 31, 2023, was HK$51.86, compared to HK$76.76 in 2022[189]. - Other income, net, for the year ended December 31, 2023, was approximately HK$39,624,000, down from HK$45,810,000 in the previous year[189]. - Non-controlling interests contributed HK$75,705,000 to the loss for the year ended December 31, 2023, compared to HK$63,535,000 in 2022[189]. Strategic Goals and Future Outlook - The company aims to leverage new technologies and channels to enhance cultural communication and engage with younger audiences[39]. - The company reported a significant increase in user engagement, with a 25% rise in viewership across its platforms compared to the previous year[174]. - Future outlook includes a projected revenue growth of 15% for the next fiscal year, driven by new content offerings and market expansion strategies[174]. - The company is investing in new technology for content delivery, with a budget allocation of HK$50 million for the development of a new streaming platform[174]. - Phoenix plans to expand its market presence in Southeast Asia, targeting a 20% increase in audience reach in the region over the next two years[174]. - The company is exploring potential acquisitions to enhance its content library, with a focus on regional media companies[174]. - A new product line of interactive programming is set to launch in Q3 2024, aimed at increasing viewer participation and engagement[174]. - The company has established a strategic partnership with a leading tech firm to enhance its digital advertising capabilities, expected to boost ad revenue by 30%[174]. - Phoenix has committed to improving its ESG initiatives, with a target of reducing carbon emissions by 25% by 2025[174]. - The board has approved a share consolidation plan, effective February 20, 2024, to enhance share liquidity and attract institutional investors[178]. Global Reach and Distribution - Phoenix TV channels are available in over 55 hotels with a total of 49,725 rooms in North America[144]. - Phoenix TV channels are distributed to 54 countries in Africa, including South Africa, through StarTimes platforms[140]. - Phoenix TV is carried by major operators in Asia-Pacific, including Astro in Malaysia and StarHub in Singapore[137]. - Phoenix TV channels cover 45 countries in Europe through various DTH, cable, OTT, and IPTV networks[144]. - 219 hotels in Europe with over 41,800 rooms have chosen Phoenix TV channels as their official Chinese television channels[144]. - Phoenix TV is distributed in Korean hotels through Global Reach Korea[137]. - The company utilizes materials from independent bureaux located in Brazil, Canada, Mexico, Germany, Hungary, Pakistan, and Spain[159]. - Phoenix TV is available on multiple platforms in North and South America, covering 48 countries and regions[144]. - The company has established a presence in various countries, including Japan, Indonesia, and the Philippines, through local operators and OTT platforms[137]. - Phoenix Media Investment (Holdings) Limited aims to be the "Chinese Connection" among Chinese communities globally, providing a continuous stream of Chinese-language programming[164]. Commitment to Sustainability and Social Responsibility - Phoenix TV actively advocates for biodiversity protection and harmonious coexistence between humans and nature through various initiatives[45][46]. - Phoenix emphasized its commitment to sustainable development, receiving an Honourable Mention Excellence in ESG at the Hong Kong Corporate Governance and ESG Excellence Awards 2023[197]. - The company continues to enhance its corporate governance and ESG practices, aligning with industry leaders recognized in the same awards[123]. - Phoenix TV was honored with the title of Good MPF Employer for 2022-2023, recognizing its commitment to employee retirement protection[104]. - The company continues to expand its influence in the global Chinese community, particularly in Hong Kong, Macau, and Taiwan[79][80].

Share Buyback Program - Phoenix Media Investment (Holdings) Limited approved a share buyback plan on September 27, 2023, allowing the repurchase of up to $200 million of American Depositary Shares over a period of five months[2]. - The total amount spent on the share buyback program was approximately $173.39 million, with 42,585 American Depositary Shares repurchased, representing 2,044,080 Class A ordinary shares of Phoenix New Media[15]. - Following the completion of the buyback plan, the group's equity interest in Phoenix New Media further increased to 55.04%[12]. - The buyback program is set to expire on February 27, 2024, after which a total of 120,981 American Depositary Shares will have been repurchased[12]. Equity Interest - As of December 31, 2023, the group increased its equity interest in Phoenix New Media to 54.68%, up from 54.49% as of December 31, 2022[12]. Reporting - The company plans to send its 2023 annual report to shareholders on April 25, 2024[14].

Financial Performance - Total revenue for the year ended December 31, 2023, was HKD 2,467,957,000, a significant increase compared to the previous year[4] - The company reported a loss attributable to owners of the company of HKD 258,989,000 for 2023, an improvement from a loss of HKD 383,340,000 in 2022[13] - The weighted average number of ordinary shares issued was 499,366,000, resulting in a basic loss per share of HKD 0.5186 for 2023[13] - The group's revenue for the year ended December 31, 2023, was approximately HKD 2,467,957,000, a decrease of 17.8% compared to HKD 3,003,733,000 for the year ended December 31, 2022[44] - The company's net loss for 2023 was HKD 334,694,000, compared to a net loss of HKD 446,875,000 in 2022, representing a 25.1% improvement[146] - The total comprehensive expenses for the year amounted to HKD 285,921,000, down from HKD 850,232,000 in the previous year, indicating a reduction of approximately 66%[122] Revenue Breakdown - Revenue from television broadcasting decreased by 15% to HKD 917,570,000, compared to HKD 1,077,964,000 in the previous year[49] - The revenue from internet media and outdoor media combined was HKD 1,376,852,000, down from HKD 1,718,586,000, representing a decrease of 19.9%[49] - Television broadcasting revenue decreased by 14.9% to approximately HKD 917,570,000, accounting for 37.2% of total revenue for the year ended December 31, 2023[89] - Internet media business revenue decreased by 16.5% to approximately HKD 778,797,000, with a classified loss of approximately HKD 97,361,000 for the year ended December 31, 2023[90] - Outdoor media business revenue decreased by 23.8% to approximately HKD 598,055,000, with classified profit decreasing by 74.7% to approximately HKD 29,281,000 for the year ended December 31, 2023[91] Cost Management - Operating costs for the year ended December 31, 2023, decreased by 18.0% to approximately HKD 2,773,698,000, down from HKD 3,382,353,000 for the previous year[44] - The operating loss for the year was HKD 305,741,000, improved from an operating loss of HKD 378,620,000 in the previous year[49] - The group employed 2,704 staff, with total employee costs reduced to approximately HKD 1,203,854,000, down from HKD 1,316,844,000 for the year ended December 31, 2022[74] Financial Position - The company reported a decrease in accounts payable from HKD 482,834,000 in 2022 to HKD 275,761,000 in 2023, indicating improved cash flow management[17] - The company’s total liabilities decreased from HKD 1,201,263,000 in 2022 to HKD 1,045,397,000 in 2023, indicating a reduction in financial obligations[17] - The group's cash and short-term bank deposits totaled approximately HKD 1,709,596,000 as of December 31, 2023, an increase from HKD 1,597,690,000 as of December 31, 2022[97] - The company's capital debt ratio as of December 31, 2023, was 79.0%, down from 81.5% as of December 31, 2022[69] - The total assets as of December 31, 2023, were HKD 6,690,395,000, a decrease of 7.5% from HKD 7,230,616,000 in 2022[148] Acquisitions and Investments - The company completed acquisitions totaling HKD 17,733,000 for 100% equity in several subsidiaries, enhancing its market presence[19] - The company reported a bargain gain of HKD 12,947,000 recognized in the consolidated income statement due to acquisition activities[31] - The company’s investment properties increased slightly to HKD 1,325,872,000 from HKD 1,307,283,000, indicating a growth of 1.4%[148] Corporate Governance and Compliance - The company’s deferred tax assets and liabilities were managed in accordance with local tax regulations, maintaining compliance[10] - The company has complied with the corporate governance code throughout the year, ensuring effective oversight and management[108] - The company plans to issue its 2023 annual report around April 23, 2024, providing further insights into its financial performance[119] Strategic Focus - The flagship product "Phoenix News Client" maintained industry-leading user numbers and engagement levels, contributing to increased traffic and click-through rates[41] - The company emphasized its commitment to internationalization and cultural communication, aiming to enhance its global brand presence[52] - The company continues to innovate in content production and marketing strategies, focusing on multi-channel distribution and audience engagement[55] - The company continues to focus on enhancing its core competitiveness in content and maintaining high-quality corporate governance[43] Other Notable Points - The company did not recommend a final dividend for the year ended December 31, 2023, compared to no dividend for the year ended December 31, 2022[93] - The company has not granted or exercised any share options under its share option scheme during the year[102] - The group has implemented a "people-oriented" policy to attract and retain talent, offering competitive employment conditions and benefits[103]

Stock Options - As of December 31, 2022, the number of options available for grant was 442,543,950 shares, compared to 429,873,950 shares as of December 31, 2021[6] - The 442,543,950 shares of options represented 8.86% of the company's total issued share capital at that time[8]